SHIRLEY WATER SUPPLY CORPORATION (EIN 751945814) - 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

1965

Legal Domicile

Principal Officer

RANDY REED

Phone

9034855811

Tax Period

2023-12-01 to 2024-11-30

SHIRLEY WATER SUPPLY CORPORATION, founded in 1965, is a small nonprofit that reported $688K in total revenue in fiscal year 2023. The organization ran a surplus of $130K, a strong 19% operating margin.

Mission

TO PROVIDE SAFE, AFFORDABLE WATER TO THE UNINCORPORATED COMMUNITY OF SHIRLEY, TEXAS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $660,608

Investment Income $27,243

Other Revenue $0

TOTAL REVENUE $687,851

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,825

Fundraising Expenses $0

Program Expenses $525,138

Other Expenses $386,590

TOTAL EXPENSES $557,415

Year-over-Year Comparison

	2023	2022	Change
Revenue	$687,851	$679,329	+0.0%
Expenses	$557,415	$591,840	-0.1%
Net Income	$130,436	$87,489	+0.5%

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	Role	Reportable Comp	Other Comp	Total
RANDY REED	President	Officer Director	$0	$0	$0
BRAD HOLLAND	Vice President	Officer Director	$0	$0	$0
STONEY WATKINS	SECRETARY/TREAS	Officer Director	$0	$0	$0
GABE STOUT	Trustee	Director	$0	$0	$0
DOUG LEWIS	Trustee	Director	$0	$0	$0
KEN MONICO	Trustee	Director	$0	$0	$0
SHAWN MASSEY	Trustee	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	$687,851	$557,415	$2,237,106	$130,436
2023	$679,329	$591,840	$2,100,698	$87,489
2022	$790,232	$617,168	$2,011,279	$173,064
2021	$648,804	$525,817	$1,828,123	$122,987
2020	$605,377	$477,777	$1,689,017	$127,600
2019	$576,903	$477,595	$1,558,077	$99,308

SHIRLEY WATER SUPPLY CORPORATION