TRINITY RURAL WATER SUPPLY CORPORATION (EIN 741687903) - 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

1970

Legal Domicile

Principal Officer

JOE BALL

Phone

9365942192

Tax Period

2024-01-01 to 2024-12-31

TRINITY RURAL WATER SUPPLY CORPORATION, founded in 1970, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024.

Mission

PROVIDE WATER SERVICE TO 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,873,298

Investment Income $1,739

Other Revenue $0

TOTAL REVENUE $1,875,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $524,960

Fundraising Expenses $0

Other Expenses $1,492,673

TOTAL EXPENSES $2,017,633

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,875,037	$1,931,930	0.0%
Expenses	$2,017,633	$1,826,453	+0.1%
Net Income	$-142,596	$105,477	-2.4%

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

$21,930

Key Employees

$105,231

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERALD VINSON	PRESIDENT	1.00	Officer	$0	$0	$0
ALFRED JOHNSON	VICE PRESIDENT	1.00	Officer	$0	$0	$0
ROBERTA BURTON	SEC/TREAS	1.00	Officer	$0	$0	$0
WELDON PEE	DIRECTOR	1.00	Director	$21,930	$0	$21,930
HAMPTON BURWICK	DIRECTOR	1.00	Director	$0	$0	$0
JAY SAVANICH	GENERAL MANAGER	40.00	Key Emp	$105,231	$0	$105,231

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	$1,875,037	$2,017,633	$6,174,145	$-142,596
2023	$1,931,930	$1,826,453	$6,486,976	$105,477
2022	$1,863,877	$1,863,001	$6,434,995	$876
2021	$1,669,314	$1,845,918	$6,417,672	$-176,604
2020	$1,480,551	$1,613,864	$6,640,297	$-133,313
2019	$1,402,590	$1,533,787	$6,892,702	$-131,197
2018	$1,756,590	$1,733,984	$7,111,905	$22,606

TRINITY RURAL WATER SUPPLY CORPORATION