BLACKLAND WATER SUPPLY CORPORATION

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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

1966

Legal Domicile

Phone

9727716375

Tax Period

2024-01-01 to 2024-12-31

BLACKLAND WATER SUPPLY CORPORATION, founded in 1966, is a community nonprofit in the Mutual Benefit sector that reported $3.5M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.0M, a strong 29% operating margin.

Mission

TO PROVIDE CONTINUOUS POTABLE WATER TO MEMBERS RESIDING IN ROCKWALL COUNTY AND SURROUNDING AREAS.

Program Service Accomplishments

Program 1

Expenses: $1,999,212

PROVIDING POTABLE WATER TO MEMBERS NOT OTHERWISE SERVED BY SURROUNDING MUNICIPAL WATER DISTRICTS.

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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 $3,494,956

Investment Income $28,931

Other Revenue $0

TOTAL REVENUE $3,523,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $620,818

Fundraising Expenses $0

Program Expenses $1,999,212

Other Expenses $1,879,923

TOTAL EXPENSES $2,500,741

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,523,887	$4,982,904	-0.3%
Expenses	$2,500,741	$2,107,213	+0.2%
Net Income	$1,023,146	$2,875,691	-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
Scott Muckensturm	General Manager	45.00		$119,762	$5,994	$125,756
CHRISTINE PILLING	Director	1.00	Director	$0	$0	$0
JT VIRDELL	Secretary	1.00	Officer Director	$0	$0	$0
JASON McKINNEY	President	1.00	Officer Director	$0	$0	$0
CHARLES HOUK	Vice President	1.00	Officer Director	$0	$0	$0
SHAWN McCALL	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	No data	No data	No data	No data
2024	$3,523,887	$2,500,741	$8,803,002	$1,023,146
2023	$4,982,904	$2,107,213	$7,673,733	$2,875,691
2022	$2,323,752	$2,022,086	$4,691,303	$301,666
2021	$1,769,798	$2,003,288	$4,456,940	$-233,490
2020	$1,745,933	$1,899,004	$4,672,034	$-153,071
2019	$1,778,391	$1,637,368	$4,746,048	$141,023
2018	$1,666,874	$1,543,115	$4,510,333	$123,759