Wimberley Water Supply Corporation (EIN 741561165) - 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

1964

Legal Domicile

Phone

5128472323

Tax Period

2024-01-01 to 2024-12-31

Wimberley Water Supply Corporation, founded in 1964, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $419K, a strong 23% operating margin.

Mission

Furnish treated ground water to about 1,844 rural members and village residents.

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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 $1,638,136

Investment Income $158,999

Other Revenue $52,755

TOTAL REVENUE $1,849,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $707,584

Fundraising Expenses $0

Program Expenses $1,240,583

Other Expenses $723,313

TOTAL EXPENSES $1,430,897

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,849,890	$1,669,243	+0.1%
Expenses	$1,430,897	$1,420,548	+0.0%
Net Income	$418,993	$248,695	+0.7%

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

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

$209,738

Total Directors

$4,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matt Meeks	President	1	Officer Director	$2,500	$0	$2,500
Gail Pigg	1st Vice President	1	Officer Director	$0	$0	$0
Steven Jaggers	Secretary/Treasurer	4	Officer Director	$0	$0	$0
Scott Johnson	2nd Vice President	1	Officer Director	$0	$0	$0
Craig Fore	3rd Vice President	1	Officer Director	$1,800	$0	$1,800
Tim Naylor	Director	1	Director	$0	$0	$0
Kasey Belote	Director	1	Director	$0	$0	$0
Garrett Allen	General Manager	40	Officer	$171,499	$33,939	$205,438

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	No data	No data	No data	No data
2024	$1,849,890	$1,430,897	$9,609,827	$418,993
2023	$1,669,243	$1,420,548	$9,399,921	$248,695
2022	$1,497,071	$1,343,774	$8,982,530	$153,297
2021	$1,252,174	$1,245,392	$8,857,169	$6,782
2020	$1,334,143	$1,165,887	$8,670,322	$168,256
2019	$1,394,344	$1,084,365	$8,567,295	$309,979
2018	$1,286,577	$1,034,847	$8,204,845	$251,730

Wimberley Water Supply Corporation