GOLINDA WATER SUPPLY CORPORATION (EIN 741296978) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1958

Legal Domicile

Principal Officer

ROBERT MACKIE

Phone

2547526581

Tax Period

2024-01-01 to 2024-12-31

GOLINDA WATER SUPPLY CORPORATION, founded in 1958, is a small nonprofit that reported $201K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Net assets of $664K represent 40 months of operating reserves.

Mission

WATER SUPPLY SERVICES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $195,018

Investment Income $38

Other Revenue $5,970

TOTAL REVENUE $201,026

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,914

Fundraising Expenses $0

Program Expenses $183,624

Other Expenses $168,283

TOTAL EXPENSES $207,197

Year-over-Year Comparison

	2024	2023	Change
Revenue	$201,026	$164,488	+0.2%
Expenses	$207,197	$190,947	+0.1%
Net Income	$-6,171	$-26,459	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIDA CRUZ	DIRECTOR	N/A	Director	$0	$0	$0
CAROLYN FARAR	SECRETARY-TR	N/A	Officer Director	$0	$0	$0
BOBBY FARNEY	DIRECTOR	N/A	Director	$0	$0	$0
JOE M FARNEY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
PAM GRESHAM	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT MACKIE	PRESIDENT	N/A	Officer Director	$0	$0	$0
THOMAS MARTINEZ	DIRECTOR	N/A	Director	$0	$0	$0
DOYLE PARKS	DIRECTOR	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$201,026	$207,197	$1,048,653	$-6,171
2023	$164,488	$190,947	$1,053,219	$-26,459
2022	$182,127	$217,187	$1,052,902	$-35,060
2021	$153,749	$182,154	$1,060,744	$-28,405
2020	$158,696	$304,093	$1,086,566	$-145,397
2019	$151,153	$201,766	$1,178,744	$-50,613
2018	$147,478	$210,072	$1,224,450	$-62,594

GOLINDA WATER SUPPLY CORPORATION