POLONIA WATER SUPPLY CORP (EIN 741728717) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1940

Legal Domicile

Principal Officer

PAUL L PITTMAN

Phone

5125592030

Tax Period

2020-01-01 to 2020-12-31

POLONIA WATER SUPPLY CORP, founded in 1940, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2020. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 44% operating margin.

Mission

TO SUPPLY POTABLE WATER TO RESIDENTS AND BUSINESSES IN CERTAIN RURAL AREAS IN TEXAS NOT CURRENTLY SERVICED BY MUNICIPAL OR OTHER SOURCES OF FRESH POTABLE WATER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,973,284

Investment Income $14,351

Other Revenue $0

TOTAL REVENUE $2,987,635

Expense Breakdown

Grants Paid $0

Salaries & Benefits $522,948

Fundraising Expenses $0

Other Expenses $1,145,566

TOTAL EXPENSES $1,668,514

Year-over-Year Comparison

	2020	2019	Change
Revenue	$2,987,635	$2,330,438	+0.3%
Expenses	$1,668,514	$1,624,638	+0.0%
Net Income	$1,319,121	$705,800	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$129,837

Total Directors

$129,837

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL L PITTMAN	GENERAL MANA	40.00	Officer Director	$129,837	$0	$129,837
BRENT BARTSCH	DIRECTOR	1.00	Director	$0	$0	$0
BYRON FRIEDRICH	DIRECTOR	1.00	Director	$0	$0	$0
ALLEN GUISINGER	DIRECTOR	1.00	Director	$0	$0	$0
RE BROWN III	DIRECTOR	1.00	Director	$0	$0	$0
JOE KELLY JR	PRESIDENT	1.00	Director	$0	$0	$0
FORREST LAUGHLIN	SECRETARY/TR	1.00	Director	$0	$0	$0
HOWARD MCCALL	VICE PRESIDE	1.00	Director	$0	$0	$0
LARRY SCHNAUTZ	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
2020	$2,987,635	$1,668,514	$8,249,913	$1,319,121
2019	$2,330,438	$1,624,638	$6,779,482	$705,800
2018	$2,071,262	$1,570,348	$6,031,092	$500,914

POLONIA WATER SUPPLY CORP