RAYWOOD WATER SUPPLY CORP (EIN 741753070) - 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

1968

Legal Domicile

Principal Officer

TODD FONTENOT

Phone

9365874505

Tax Period

2023-01-01 to 2023-12-31

RAYWOOD WATER SUPPLY CORP, founded in 1968, is a small nonprofit that reported $389K in total revenue in fiscal year 2023.

Mission

PROVIDE A SAFE AND RELIABLE FRESH WATER SUPPLY TO HOUSEHOLDS AND SMALL COMMERCIAL USERS WITHIN THE BOUNDARIES OF THE ENTITY, GENERALLY THE RAYWOOD, TX. AREA.

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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 $0

Investment Income $840

Other Revenue $388,063

TOTAL REVENUE $388,903

Expense Breakdown

Grants Paid $0

Salaries & Benefits $137,756

Fundraising Expenses $0

Other Expenses $240,508

TOTAL EXPENSES $378,264

Year-over-Year Comparison

	2023	2022	Change
Revenue	$388,903	$395,664	0.0%
Expenses	$378,264	$404,514	-0.1%
Net Income	$10,639	$-8,850	-2.2%

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

$3,000

Key Employees

$54,540

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Frankie Espree	Office Manager	040.00	Key Emp Highest	$51,540	$0	$51,540
Todd Fontenot	General Manager	006.00	Director Key Emp	$3,000	$0	$3,000
Anthony Eaglin	President	002.00	Officer Director	$0	$0	$0
Vincent Espree	Secretary/Treasury	002.00	Officer Director	$0	$0	$0
James Lachapelle	Director	002.00	Director	$0	$0	$0
Tre Dickerson	Director	002.00	Director	$0	$0	$0
Lois Brooks	Director	002.00	Director	$0	$0	$0
Cheryl Donatto	Vice President	002.00	Officer Director	$0	$0	$0
Ruby Fregia	Director	002.00	Director	$0	$0	$0
Peter Broussard Jr	Director	002.00	Director	$0	$0	$0
Roderick Brown	Director	002.00	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	$388,903	$378,264	$813,955	$10,639
2022	$395,664	$404,514	$754,506	$-8,850
2021	$376,183	$373,145	$774,719	$3,038
2020	$361,234	$353,015	$807,869	$8,219
2019	$338,061	$309,836	$638,494	$28,225
2018	$333,944	$313,410	$639,060	$20,534

RAYWOOD WATER SUPPLY CORP