NECHES WATER SUPPLY CORPORATION (EIN 751220507) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

VAN BROWN

Phone

9035843316

Tax Period

2023-01-01 to 2023-12-31

NECHES WATER SUPPLY CORPORATION, founded in 1974, is a small nonprofit that reported $416K in total revenue in fiscal year 2023. Net assets of $988K represent 28 months of operating reserves.

Mission

TO PROVIDE WATER SERVICE TO APPROXIMATELY 658 RESIDENTS OF A RURAL COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $413,600

Investment Income $2,389

Other Revenue $0

TOTAL REVENUE $415,989

Expense Breakdown

Grants Paid $0

Salaries & Benefits $140,827

Fundraising Expenses $0

Other Expenses $269,127

TOTAL EXPENSES $409,954

Year-over-Year Comparison

	2023	2022	Change
Revenue	$415,989	$395,706	+0.1%
Expenses	$409,954	$443,901	-0.1%
Net Income	$6,035	$-48,195	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JAMES HENRY	DIRECTOR	N/A	Director	$0	$0	$0
JIMMY NITZSCHE	DIRECTOR	N/A	Director	$0	$0	$0
VAN BROWN	PRESIDENT	N/A	Officer	$0	$0	$0
JUSTIN DAVIS	VICE PRESIDE	N/A	Officer	$0	$0	$0
KIM SNIDER	SECRETARY /	N/A	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	$415,989	$409,954	$1,358,137	$6,035
2022	$395,706	$443,901	$1,368,543	$-48,195
2021	$352,902	$328,276	$1,428,410	$24,626
2020	$329,294	$347,912	$1,440,229	$-18,618
2019	$335,930	$307,637	$1,466,181	$28,293
2018	$334,798	$303,858	$1,449,619	$30,940

NECHES WATER SUPPLY CORPORATION