Afton Grove Water Supply Corporation

EIN: 742556714

New Summerfield, TX

Total Revenue
$415,240
Total Expenses
$451,310
Total Assets
$936,145
Net Assets
$693,189
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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
Legal Domicile
TX
Principal Officer
Chance Hamilton
Phone
9037210508
Tax Period
2025-01-01 to 2025-12-31

Afton Grove Water Supply Corporation, founded in 1965, is a small nonprofit that reported $415K in total revenue in fiscal year 2025.

Mission

To provide potable water to the rural residents of the Afton Grove community

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $409,275
Investment Income $5,965
Other Revenue $0
TOTAL REVENUE $415,240

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $451,310
TOTAL EXPENSES $451,310

Year-over-Year Comparison

2025 2024 Change
Revenue $415,240 $423,431 0.0%
Expenses $451,310 $423,401 +0.1%
Net Income $-36,070 $30 -1203.3%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chance Hamilton President 2.00
Officer Director
$0 $0 $0
Glenn Smith Vice President 1.00
Officer Director
$0 $0 $0
Rodney Adams Sec/Treasurer 1.00
Officer Director
$0 $0 $0
David Hanna Director 1.00
Director
$0 $0 $0
Matt Melenbacher Director 1.00
Director
$0 $0 $0
Mark Canter 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
2025 $415,240 $451,310 $936,145 $-36,070
2024 No data No data No data No data
2023 $428,310 $445,518 $1,005,128 $-17,208
2022 $453,484 $451,850 $1,087,130 $1,634
2021 $401,738 $382,646 $1,096,434 $19,092
2020 $345,702 $357,285 $1,089,750 $-11,583
2019 $325,591 $338,739 $715,756 $-13,148
2018 $351,136 $359,325 $728,793 $-8,189
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