Texas Alliance of Groundwater Districts

EIN: 752450465 501(c)(3)

Austin, TX

Total Revenue
$570,343
Total Expenses
$482,027
Total Assets
$599,570
Net Assets
$596,767
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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
1988
Legal Domicile
TX
Phone
5125963101
Tax Period
2023-10-01 to 2024-09-30

Texas Alliance of Groundwater Districts, founded in 1988, is a small nonprofit that reported $570K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $88K, a strong 15% operating margin.

Mission

Further the purpose of groundwater conservation and protection activities by providing a means of education,communication, and exchange of information between and among individual GCD's and the public regarding the groundwater management in the state of 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $214,129
Program Service Revenue $339,935
Investment Income $16,279
Other Revenue $0
TOTAL REVENUE $570,343

Expense Breakdown

Grants Paid $0
Salaries & Benefits $299,429
Fundraising Expenses $0
Program Expenses $420,533
Other Expenses $182,598
TOTAL EXPENSES $482,027

Year-over-Year Comparison

2023 2022 Change
Revenue $570,343 $505,722 +0.1%
Expenses $482,027 $419,377 +0.1%
Net Income $88,316 $86,345 +0.0%
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

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Governance

Voting Members
90
Independent Members
90
Employees
3
Volunteers
125

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
8
$131,625
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Bailey President 1
Officer Director
$0 $0 $0
Doug Shaw Vice President 1
Officer Director
$0 $0 $0
Janet Guthrie Treasurer 1
Officer Director
$0 $0 $0
Stephanie Kieth Secretary 1
Officer Director
$0 $0 $0
Kelley Cochran Parliamentarian 1
Officer Director
$0 $0 $0
Amber Blount Past President 1
Officer Director
$0 $0 $0
Groundwater Conservation District TAGD Reps (87 additional, 93 total) 1
Director
$0 $0 $0
Leah Martinsson Executive Director 40
Officer
$116,250 $15,375 $131,625
Adam Foster Executive Director 40
Officer
$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 $570,343 $482,027 $599,570 $88,316
2023 $505,722 $419,377 $512,365 $86,345
2022 $315,509 $254,749 $425,146 $60,760
2021 $299,952 $212,603 $367,699 $87,349
2020 $265,887 $208,254 $276,878 $57,633
2019 $273,310 $227,901 $218,389 $45,409
2018 $269,561 $233,731 $177,366 $35,830
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