CHILDRESS CREEK WATER SUPPLY CORPORATION (EIN 741748709) - 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

1969

Legal Domicile

Principal Officer

GARY WALLER

Phone

2546752603

Tax Period

2024-07-01 to 2025-06-30

CHILDRESS CREEK WATER SUPPLY CORPORATION, founded in 1969, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 56% operating margin.

Mission

PROVIDE WATER UTILITY SERVICE TO MEMBERS

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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 $1,741,808

Investment Income $38,363

Other Revenue $9,274

TOTAL REVENUE $1,789,445

Expense Breakdown

Grants Paid $0

Salaries & Benefits $220,053

Fundraising Expenses $0

Program Expenses $662,281

Other Expenses $563,859

TOTAL EXPENSES $783,912

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,789,445	$783,075	+1.3%
Expenses	$783,912	$809,964	0.0%
Net Income	$1,005,533	$-26,889	-38.4%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY WALLER	PRESIDENT/DIR	10.00	Officer Director	$0	$0	$0
CALVIN RUETER	VICE-PRESIDENT/DIR	0.50	Officer Director	$0	$0	$0
KURT MCMILLAN	SEC-TREAS/DIR	0.50	Officer Director	$0	$0	$0
DAVID HOLY	DIRECTOR	0.50	Director	$0	$0	$0
SHERRY SCHULZE	DIRECTOR	0.50	Director	$0	$0	$0
TONY TOMCHESSON	DIRECTOR	0.50	Director	$0	$0	$0
GARY WALLER	DIRECTOR	0.50	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
2025	$1,789,445	$783,912	$3,579,431	$1,005,533
2024	$783,075	$809,964	$3,144,154	$-26,889
2023	$765,068	$745,171	$2,621,424	$19,897
2022	$728,970	$679,012	$2,602,959	$49,958
2021	$651,104	$608,702	$2,537,533	$42,402
2020	$620,038	$597,970	$2,471,135	$22,068
2019	$681,483	$586,995	$2,442,195	$94,488

CHILDRESS CREEK WATER SUPPLY CORPORATION