TEXOMA ESTATES WATER SUPPLY CORPORATION (EIN 752283554) - 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

1985

Legal Domicile

Principal Officer

RAY BEAVERS

Phone

7853835308

Tax Period

2023-01-01 to 2023-12-31

TEXOMA ESTATES WATER SUPPLY CORPORATION, founded in 1985, is a small nonprofit that reported $110K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $139K exceeded revenue, resulting in a 26% operating deficit.

Mission

TO PROVIDE WATER UTILITY SERVICES TO IT MEMBERS AT THE LOWEST POSSIBLE COST

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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 $109,896

Investment Income $18

Other Revenue $404

TOTAL REVENUE $110,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $138,694

TOTAL EXPENSES $138,694

Year-over-Year Comparison

	2023	2022	Change
Revenue	$110,318	$86,451	+0.3%
Expenses	$138,694	$60,865	+1.3%
Net Income	$-28,376	$25,586	-2.1%

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

N/A

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
RAY BEAVERS	PRESIDENT	5.00	Officer Director	$0	$0	$0
JIM UPCHURCH	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
ROBERT HONEY	VICE PRESIDE	8.00	Officer Director	$0	$0	$0
DUANE RAINE	SECRETARY	2.00	Officer Director	$0	$0	$0
LORI BRYANT	TREASURER	5.00	Officer Director	$0	$0	$0
JACK EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
BRAD HACKLER	DIRECTOR	5.00	Director	$0	$0	$0
TODD BERTRAND	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	No data	No data	No data	No data
2023	$110,318	$138,694	$487,697	$-28,376
2022	$86,451	$60,865	$518,003	$25,586

TEXOMA ESTATES WATER SUPPLY CORPORATION