FTBELKNAP WATER SUPPLY CORPORATION (EIN 751368014) - 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

1966

Legal Domicile

Principal Officer

CHARLES BIRDWELL

Phone

9405496922

Tax Period

2025-01-01 to 2025-12-31

FTBELKNAP WATER SUPPLY CORPORATION, founded in 1966, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2025.

Mission

TO PROVIDE A SAFE, ECONOMICAL AND RELIABLE SOURCE OF DRINKING WATER TO THE RESIDENTS OF RURAL YOUND, STPHENS, THROCKMORTON AND PALO PINTO COUNTIES, TEXAS.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,129,003

Investment Income $64,042

Other Revenue $25,787

TOTAL REVENUE $3,218,832

Expense Breakdown

Grants Paid $0

Salaries & Benefits $729,426

Fundraising Expenses $0

Other Expenses $2,477,737

TOTAL EXPENSES $3,207,163

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,218,832	$3,209,584	+0.0%
Expenses	$3,207,163	$3,101,447	+0.0%
Net Income	$11,669	$108,137	-0.9%

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
CHARLES BIRDWELL	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARGARET MATHIEWS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BRENT HAWKINS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JASON SMITH	DIRECTOR	1.00	Director	$0	$0	$0
RITA CHOAT	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
GARY REGER	DIRECTOR	1.00	Director	$0	$0	$0
DONNIE MAINES	DIRECTOR	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	$3,218,832	$3,207,163	$3,733,678	$11,669
2024	$3,209,584	$3,101,447	$3,698,420	$108,137
2023	$3,154,762	$3,412,786	$3,706,414	$-258,024
2022	$3,066,585	$3,138,713	$3,780,155	$-72,128
2021	$2,630,139	$2,722,185	$3,859,909	$-92,046
2020	$2,605,457	$2,800,248	$4,056,813	$-194,791
2019	$2,547,497	$2,697,857	$4,299,386	$-150,360
2018	$2,596,883	$2,892,720	$4,503,297	$-295,837

FTBELKNAP WATER SUPPLY CORPORATION