NORTH RURAL WATER SUPPLY CORPORATION (EIN 751297546) - 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

1967

Legal Domicile

Principal Officer

BOBBY BAZZELL

Phone

9403270700

Tax Period

2025-01-01 to 2025-12-31

NORTH RURAL WATER SUPPLY CORPORATION, founded in 1967, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2025. Expenses of $2.5M left a modest 5% surplus.

Mission

TO PROVIDE LOW COST WATER SERVICE TO THE RURAL RESIDENTS OF NORTHWEST PARKER COUNTY AND EASTERN PALO PINTO COUNTY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,498,042

Investment Income $69,873

Other Revenue $29,500

TOTAL REVENUE $2,597,415

Expense Breakdown

Grants Paid $0

Salaries & Benefits $277,579

Fundraising Expenses $0

Program Expenses $2,472,050

Other Expenses $2,194,471

TOTAL EXPENSES $2,472,050

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,597,415	$2,495,659	+0.0%
Expenses	$2,472,050	$2,499,077	0.0%
Net Income	$125,365	$-3,418	-37.7%

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

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
PHYLLIS BANKS	BOARD MEMBER	1.00	Director	$0	$0	$0
BOBBY BAZZELL	PRESIDENT	1.00	Officer Director	$0	$0	$0
APRIL BROWN	SECRETARY	1.00	Officer Director	$0	$0	$0
KENNETH FURR	BOARD MEMBER	1.00	Director	$0	$0	$0
DENNIS PITT	TREASURER	1.00	Officer Director	$0	$0	$0
RANDY RATTO	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
GLENDA VALENCIA	BOARD MEMBER	1.00	Director	$0	$0	$0
BRANNON ZINN	BOARD MEMBER	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	$2,597,415	$2,472,050	$5,071,928	$125,365
2024	$2,495,659	$2,499,077	$4,850,840	$-3,418
2023	$1,805,120	$1,676,776	$4,819,662	$128,344
2022	$1,714,750	$1,391,129	$4,238,583	$323,621
2021	$1,270,833	$1,157,005	$3,767,697	$113,828
2020	$1,261,620	$1,066,415	$3,586,944	$195,205
2019	$1,114,359	$1,015,099	$3,357,176	$99,260
2018	$1,130,149	$960,203	$3,266,670	$169,946

NORTH RURAL WATER SUPPLY CORPORATION