MOOREVILLE WATER SUPPLY CORPORATION

EIN: 741559500

CHILTON, TX

Total Revenue
$95,386
Total Expenses
$140,892
Total Assets
$6,641,598
Net Assets
$2,005,860
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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
1979
Legal Domicile
TX
Principal Officer
CARROLL HUBER
Phone
2545465951
Tax Period
2024-12-01 to 2025-11-30

MOOREVILLE WATER SUPPLY CORPORATION, founded in 1979, is a micro nonprofit that reported $95K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $141K exceeded revenue, resulting in a 48% operating deficit.

Mission

TO PROVIDE A POTABLE WATER UTILITY SERVICE TO ABOUT 66 MEMBERS.

Program Service Accomplishments

Program 1

TO PROVIDE A POTABLE WATER UTILITY SERVICE TO ABOUT 66 MEMBERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $92,042
Investment Income $0
Other Revenue $3,344
TOTAL REVENUE $95,386

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $140,892
TOTAL EXPENSES $140,892

Year-over-Year Comparison

2024 2023 Change
Revenue $95,386 $141,452 -0.3%
Expenses $140,892 $4,751,589 -1.0%
Net Income $-45,506 $-4,610,137 -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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL HAAK DIRECTOR 1.00
Director
$0 $0 $0
JEREMY HAAK VICE PRESIDE 1.00
Officer Director
$0 $0 $0
CARROLL HUBER PRESIDENT 1.00
Officer Director
$0 $0 $0
NANCY PARKER SECRETARY/TR 1.00
Officer Director
$0 $0 $0
JASON PETTY DIRECTOR 1.00
Director
$0 $0 $0
ANN PHELPS DIRECTOR 1.00
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
2025 $95,386 $140,892 $6,641,598 $-45,506
2024 $141,452 $145,589 $2,067,313 $-4,137
2023 $97,490 $145,165 $2,038,880 $-47,675
2022 $100,432 $126,835 $2,085,474 $-26,403
2021 $77,819 $121,892 $2,363,746 $-44,073
2020 $77,641 $127,041 $2,515,227 $-49,400
2019 $72,526 $115,670 $2,564,827 $-43,144
2018 $68,252 $79,770 $2,534,606 $-11,518
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