TWIN CREEK WATER SUPPLY CORPORATION (EIN 741778769) - 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

Phone

9798285385

Tax Period

2023-01-01 to 2023-12-31

TWIN CREEK WATER SUPPLY CORPORATION, founded in 1969, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $841K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $147K, a strong 17% operating margin.

Mission

TO PROVIDE A WATER SUPPLY FOR GENERAL FARM AND INDIVIDUAL USE TO INDIVIDUALS RESIDING IN THE RURAL COMMUNITY OF NEW BADEN, 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 $212,716

Investment Income $27,515

Other Revenue $600,468

TOTAL REVENUE $840,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $383,984

Fundraising Expenses $0

Program Expenses $694,038

Other Expenses $310,054

TOTAL EXPENSES $694,038

Year-over-Year Comparison

	2023	2022	Change
Revenue	$840,699	$609,453	+0.4%
Expenses	$694,038	$619,189	+0.1%
Net Income	$146,661	$-9,736	-16.1%

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

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
DAN POOLE	Director	2.00	Director	$0	$0	$0
BRYAN BROWN	Director	1.00	Director	$0	$0	$0
MARILYN TEARS	Director	1.00	Director	$0	$0	$0
JOHN PEDIGO	Vice President	1.00	Officer	$0	$0	$0
JIM CALLAWAY	Secretary/TREAS	10.00	Officer	$0	$0	$0
JOHN EDMONDSON	President	4.00	Officer	$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	$840,699	$694,038	$2,305,380	$146,661
2023	$840,699	$694,038	$2,305,380	$146,661
2022	$609,453	$619,189	$2,172,862	$-9,736
2022	No data	No data	No data	No data
2021	$592,388	$509,078	$1,464,588	$83,310
2020	$531,688	$458,876	$1,424,079	$72,812
2019	$474,127	$450,938	$1,338,039	$23,189
2018	$499,226	$426,751	$1,357,342	$72,475

TWIN CREEK WATER SUPPLY CORPORATION