TEXAS WATER UTILITIES ASSOCIATION (EIN 741334683) - 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

1918

Legal Domicile

Principal Officer

RUSSELL HAMILTON

Phone

5124593124

Tax Period

2024-01-01 to 2024-12-31

TEXAS WATER UTILITIES ASSOCIATION, founded in 1918, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024.

Mission

WATER UTILITIES EDUCATION AND TRAINING

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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 $2,963,164

Investment Income $1,372

Other Revenue $60,540

TOTAL REVENUE $3,025,076

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,188,094

Fundraising Expenses $0

Program Expenses $2,604,571

Other Expenses $1,826,603

TOTAL EXPENSES $3,014,697

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,025,076	$2,883,656	+0.0%
Expenses	$3,014,697	$3,154,234	0.0%
Net Income	$10,379	$-270,578	-1.0%

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

100

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

$191,277

Total Directors

$191,277

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM SIDDALL	CHAIR/IMMED. PAST PRESIDENT	4.00	Officer Director	$0	$0	$0
VICENTE CARRIZALES	PRESIDENT-ELECT	4.00	Officer Director	$0	$0	$0
MIKE NORRIS	2ND PAST PRESIDENT	4.00	Officer Director	$0	$0	$0
BILL BROWN	3RD PAST PRESIDENT	4.00	Officer Director	$0	$0	$0
L RUSSELL HAMILTON	EXECUTIVE DIRECTOR/EX OFFICIO	4.00	Officer Director	$175,747	$15,530	$191,277
CLARENCE WITTWER	PRESIDENT	4.00	Officer Director	$0	$0	$0
DAVID HINSHAW	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
RICK O'CONNOR	EX OFFICIO	4.00	Officer 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	$3,025,076	$3,014,697	$1,586,099	$10,379
2023	$2,883,656	$3,154,234	$1,501,270	$-270,578
2022	$3,235,177	$3,230,671	$1,875,490	$4,506
2021	$2,944,744	$2,650,658	$1,944,371	$294,086
2020	$2,147,259	$2,094,248	$1,808,302	$53,011
2019	$2,519,544	$2,535,926	$1,783,994	$-16,382

TEXAS WATER UTILITIES ASSOCIATION