MOORE WATER SUPPLY CORPORATION (EIN 741606331) - 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

1966

Legal Domicile

Principal Officer

RAY FRITAS

Phone

8306636344

Tax Period

2024-01-01 to 2024-12-31

MOORE WATER SUPPLY CORPORATION, founded in 1966, is a small nonprofit that reported $437K in total revenue in fiscal year 2024. Expenses of $515K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROVIDE A SAFE, RELIABLE AND ECONOMICAL SOURCE OF DRINKING WATER AND SEWER SERVICE TO THE RESIDENTS OF MOORE, TEXAS.

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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 $436,741

Investment Income $691

Other Revenue $0

TOTAL REVENUE $437,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $176,167

Fundraising Expenses $0

Other Expenses $338,609

TOTAL EXPENSES $514,776

Year-over-Year Comparison

	2024	2023	Change
Revenue	$437,432	$405,417	+0.1%
Expenses	$514,776	$418,457	+0.2%
Net Income	$-77,344	$-13,040	+4.9%

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
JOHN BEAN	PRESIDENT	2.00	Director	$0	$0	$0
RAY FRITAS	SECRETARY/TREASURER	1.00	Director	$0	$0	$0
LANE WALKER	MEMBER	1.00	Director	$0	$0	$0
J D EARLS	MEMBER	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
2024	$437,432	$514,776	$3,100,836	$-77,344
2023	$405,417	$418,457	$3,198,675	$-13,040
2022	$361,983	$459,951	$3,231,467	$-97,968
2021	$379,601	$454,616	$3,348,117	$-75,015
2020	$384,232	$407,650	$3,438,148	$-23,418
2019	$391,814	$375,087	$3,485,401	$16,727
2018	$351,099	$347,761	$2,976,724	$3,338

MOORE WATER SUPPLY CORPORATION