CREEDMOOR-MAHA WATER SUPPLY CORP (EIN 741892636) - 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

1965

Principal Officer

MATTHEW PICKLE

Phone

5122432113

Tax Period

2023-11-01 to 2024-10-31

CREEDMOOR-MAHA WATER SUPPLY CORP, founded in 1965, is a community nonprofit in the Mutual Benefit sector that reported $7.6M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.9M, a strong 25% 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.

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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 $7,165,332

Investment Income $430,808

Other Revenue $0

TOTAL REVENUE $7,596,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $820,675

Fundraising Expenses $0

Other Expenses $4,905,054

TOTAL EXPENSES $5,725,729

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,596,140	$6,348,642	+0.2%
Expenses	$5,725,729	$5,401,260	+0.1%
Net Income	$1,870,411	$947,382	+1.0%

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
BOBBY BURKLUND	DIRECTOR	N/A	Director	$0	$0	$0
YVONNE GIL-VALLEJO	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JOHN GRAY	BOARD PRESID	N/A	Officer Director	$0	$0	$0
JAY VAUGHN III	DIRECTOR	N/A	Director	$0	$0	$0
ANNA ORTIZ	DIRECTOR	N/A	Director	$0	$0	$0
REBECCA RICHARDS	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
DARRELL WALENTA	DIRECTOR	N/A	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	$7,596,140	$5,725,729	$30,944,811	$1,870,411
2023	$6,348,642	$5,401,260	$29,099,202	$947,382
2022	$5,593,182	$3,924,200	$26,612,267	$1,668,982
2021	$4,359,702	$3,750,774	$19,735,495	$608,928
2020	$6,654,967	$3,759,350	$16,171,933	$2,895,617
2019	$3,539,924	$3,232,979	$15,108,883	$306,945
2018	$2,862,352	$2,839,912	$8,790,137	$22,440

CREEDMOOR-MAHA WATER SUPPLY CORP