Alto Rural Water Supply Corporation (EIN 751402434) - 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

1972

Legal Domicile

Principal Officer

Terry Black

Phone

9368584648

Tax Period

2024-01-01 to 2024-12-31

Alto Rural Water Supply Corporation, founded in 1972, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.0M left a modest 4% surplus.

Mission

Provide water to members

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,044,574

Investment Income $11,869

Other Revenue $0

TOTAL REVENUE $1,056,443

Expense Breakdown

Grants Paid $0

Salaries & Benefits $257,409

Fundraising Expenses $0

Other Expenses $757,545

TOTAL EXPENSES $1,014,954

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,056,443	$990,545	+0.1%
Expenses	$1,014,954	$881,993	+0.2%
Net Income	$41,489	$108,552	-0.6%

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
Terry Black	President	2.00	Officer Director	$0	$0	$0
Lee Pearman	Vice President	2.00	Officer Director	$0	$0	$0
Cecil Verdell	Secretary/Treas	2.00	Officer Director	$0	$0	$0
Ronnie Hendrick	Director	2.00	Director	$0	$0	$0
Jerry Todd	Director	2.00	Director	$0	$0	$0
Harvey Jones	Director	2.00	Director	$0	$0	$0
Jim Bice	Director	2.00	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
2024	$1,056,443	$1,014,954	$2,679,127	$41,489
2023	$990,545	$881,993	$2,710,710	$108,552
2022	$1,058,428	$900,247	$2,665,726	$158,181
2021	$867,458	$807,896	$2,571,585	$59,562
2020	$859,200	$759,441	$2,572,618	$99,759
2019	$765,816	$770,580	$2,527,558	$-4,764
2018	$811,195	$821,567	$2,595,545	$-10,372

Alto Rural Water Supply Corporation