SKIDMORE WATER SUPPLY CORPORATION (EIN 742920435) - 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

1999

Legal Domicile

Principal Officer

DANIEL NARANJO JR

Phone

3612873433

Tax Period

2023-01-01 to 2023-12-31

SKIDMORE WATER SUPPLY CORPORATION, founded in 1999, is a small nonprofit in the Mutual Benefit sector that reported $536K in total revenue in fiscal year 2023. Expenses of $494K left a modest 8% surplus.

Mission

TO MAINTAIN AND IMPROVE EXISTING PLANT AND SYSTEM AND TO PROVIDE SEWER AND WATER TO SKIDMORE, TX.

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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 $130,323

Program Service Revenue $399,955

Investment Income $6,128

Other Revenue $0

TOTAL REVENUE $536,406

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,394

Fundraising Expenses $0

Other Expenses $325,431

TOTAL EXPENSES $493,825

Year-over-Year Comparison

	2023	2022	Change
Revenue	$536,406	$563,259	0.0%
Expenses	$493,825	$476,126	+0.0%
Net Income	$42,581	$87,133	-0.5%

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
DANIEL NARANJO JR	PRESIDENT	0.50	Officer Director	$0	$0	$0
MAXIE BEYER	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
TINO OLIVARES	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
DAVID VELA	DIRECTOR	0.50	Director	$0	$0	$0
JAMES WALLS	DIRECTOR	0.50	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	$536,406	$493,825	$4,086,982	$42,581
2022	$563,259	$476,126	$3,978,196	$87,133
2021	$443,020	$446,325	$3,942,236	$-3,305
2020	$372,466	$439,656	$4,026,492	$-67,190
2019	$383,218	$433,684	$4,099,594	$-50,466
2018	$321,985	$463,837	$4,216,799	$-141,852

SKIDMORE WATER SUPPLY CORPORATION