LEROY-TOURS-GERALD WATER SUPPL

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

JOHN SIMCIK

Tax Period

2023-01-01 to 2023-12-31

LEROY-TOURS-GERALD WATER SUPPL, founded in 1972, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 179% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 61% operating margin.

Mission

To provide a supply of water for domestic use to members in the Leroy, Tours, and Gerald communities of McLennan County, Texas

Program Service Accomplishments

Program 1

Expenses: $631,424

EXTRACTION, DISTRIBUTION, AND SALE OF WATER TO APPROXIMATELY 600

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $914,153

Program Service Revenue $711,735

Investment Income $7,430

Other Revenue $0

TOTAL REVENUE $1,633,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $119,706

Fundraising Expenses $0

Program Expenses $631,424

Other Expenses $511,718

TOTAL EXPENSES $631,424

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,633,318	$585,129	+1.8%
Expenses	$631,424	$504,430	+0.3%
Net Income	$1,001,894	$80,699	+11.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
R POLANSKY	PRESIDENT	3	Officer Director	$0	$0	$0
STEPHEN SYMANK	VICE-PRESIDENT	1	Officer Director	$0	$0	$0
D DEBBENDENER	DIRECTOR	1	Director	$0	$0	$0
JOHN SIMCIK	SEC-TREAS	1	Officer Director	$0	$0	$0
COLE CANADY	DIRECTOR	1	Director	$0	$0	$0
PATTY SYMANK	DIRECTOR	1	Director	$0	$0	$0
LYN MIDDLEETON	DIRECTOR	1	Director	$0	$0	$0
DAVID WHITE	DIRECTOR	1	Director	$0	$0	$0
DON RAMSEY	DIRECTOR	1	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	No data	No data	No data	No data
2023	$1,633,318	$631,424	$2,441,392	$1,001,894
2022	$585,129	$504,430	$1,495,095	$80,699
2021	$498,784	$494,925	$1,472,035	$3,859
2020	$469,312	$446,226	$1,519,200	$23,086
2019	$467,684	$340,900	$1,549,131	$126,784
2018	$491,372	$353,963	$1,464,647	$137,409