Parker Water Supply Corporation (EIN 751223639) - 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

1964

Legal Domicile

Principal Officer

BRENT HARRIS

Phone

8173732666

Tax Period

2024-01-01 to 2024-12-31

Parker Water Supply Corporation, founded in 1964, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

RURAL WATER SUPPLY SERVICE

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,425,190

Investment Income $-3,655

Other Revenue $0

TOTAL REVENUE $1,421,535

Expense Breakdown

Grants Paid $0

Salaries & Benefits $401,014

Fundraising Expenses $0

Other Expenses $1,069,351

TOTAL EXPENSES $1,470,365

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,421,535	$1,221,598	+0.2%
Expenses	$1,470,365	$1,385,597	+0.1%
Net Income	$-48,830	$-163,999	-0.7%

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
BRENT HARRIS	President	1.00	Officer Director	$0	$0	$0
TOM MORGAN	Vice President	0.50	Officer Director	$0	$0	$0
JANE FOWLER	Secretary	0.50	Officer Director	$0	$0	$0
STAN MCVEY	Director	0.50	Director	$0	$0	$0
MICHAEL JOHNSON	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	$1,421,535	$1,470,365	$2,039,765	$-48,830
2023	$1,221,598	$1,385,597	$2,148,771	$-163,999
2022	$1,134,398	$1,068,341	$2,038,816	$66,057
2021	$889,682	$854,906	$1,983,926	$34,776
2020	$781,241	$806,351	$1,947,990	$-25,110
2019	$742,259	$753,749	$1,941,110	$-11,490
2018	$761,695	$723,561	$1,940,885	$38,134

Parker Water Supply Corporation