Madera Valley Water Supply Corporation (EIN 741656362) - 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

1967

Legal Domicile

Principal Officer

Meg Timmerman

Phone

4323752556

Tax Period

2023-01-01 to 2023-12-31

Madera Valley Water Supply Corporation, founded in 1967, is a small nonprofit that reported $905K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.1M exceeded revenue, resulting in a 25% operating deficit.

Mission

Furnish a water supply for general farm use and domestic purposes to individuals residing in the rural community of Verhalen, TX and the surrounding rural areas.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $864,163

Investment Income $40,399

Other Revenue $0

TOTAL REVENUE $904,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $442,884

Fundraising Expenses $0

Program Expenses $909,379

Other Expenses $688,911

TOTAL EXPENSES $1,131,795

Year-over-Year Comparison

	2023	2022	Change
Revenue	$904,562	$818,758	+0.1%
Expenses	$1,131,795	$1,032,106	+0.1%
Net Income	$-227,233	$-213,348	+0.1%

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

$106,315

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Craig Huelster	General Manager	40.00	Officer	$81,700	$24,615	$106,315
Meg Timmerman	President	1.00	Officer Director	$0	$0	$0
Jamie Weatherman	Vice President	1.00	Officer Director	$0	$0	$0
Steve Koehn	Secretary	1.00	Officer Director	$0	$0	$0
Ashley Giesbrecht	Director	1.00	Director	$0	$0	$0
Sharon Oates	Director	1.00	Director	$0	$0	$0
Richard Sokol	Director	0.00	Director	$0	$0	$0
Scott Holdeman	Director	1.00	Director	$0	$0	$0
Greg Unruh	Director	1.00	Director	$0	$0	$0
CW Roberts	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
2024	No data	No data	No data	No data
2023	$904,562	$1,131,795	$3,989,812	$-227,233
2022	$818,758	$1,032,106	$4,196,294	$-213,348
2021	$805,396	$888,943	$4,396,373	$-83,547
2020	$864,323	$855,064	$4,492,049	$9,259
2018	$1,370,757	$981,201	$3,650,888	$389,556

Madera Valley Water Supply Corporation