Coupland Water Supply Corporation (EIN 742759798) - 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

1995

Legal Domicile

Principal Officer

Philip Grimley

Phone

5128562435

Tax Period

2024-01-01 to 2024-12-31

Coupland Water Supply Corporation, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $379K in total revenue in fiscal year 2024. Revenue surged 144% from the prior year, signaling strong growth momentum. The organization ran a surplus of $286K, a strong 76% operating margin.

Mission

CWSC provides wastewater collection, treatment, and system maintenance for the approximate 100 households of Coupland, Texas. Subscriber funded.

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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 $286,067

Program Service Revenue $92,393

Investment Income $47

Other Revenue $0

TOTAL REVENUE $378,507

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $90,366

Other Expenses $92,655

TOTAL EXPENSES $92,655

Year-over-Year Comparison

	2024	2023	Change
Revenue	$378,507	$154,818	+1.4%
Expenses	$92,655	$77,982	+0.2%
Net Income	$285,852	$76,836	+2.7%

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

N/A

Employees

N/A

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
Steven Voelker	President	5.00	Officer Director	$0	$0	$0
Phil Grimley	Vice President	5.00	Officer Director	$0	$0	$0
Karen Marosko	Secretary-Treasurer	5.00	Officer Director	$0	$0	$0
Jack Barton	Board Member	2.00	Director	$0	$0	$0
Cindy Wood	Board Member	2.00	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	$378,507	$92,655	$946,461	$285,852
2023	$154,818	$77,982	$661,769	$76,836
2022	$65,467	$64,106	$596,235	$1,361
2021	$62,212	$88,829	$594,871	$-26,617
2020	$71,615	$69,694	$621,470	$1,921
2019	$55,414	$69,292	$614,074	$-13,878
2018	$58,869	$61,496	$628,251	$-2,627

Coupland Water Supply Corporation