TEXAS WATER UTILITIES ASSOCIATION NORTH CENTRAL TEXAS REGIONAL SCHOOL (EIN 752629777) - 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

1947

Legal Domicile

Principal Officer

DAVID BREWSTER

Phone

8174595913

Tax Period

2024-01-01 to 2024-12-31

TEXAS WATER UTILITIES ASSOCIATION NORTH CENTRAL TEXAS REGIONAL SCHOOL, founded in 1947, is a small nonprofit in the Public & Societal Benefit sector that reported $206K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $227K exceeded revenue, resulting in a 11% operating deficit.

Mission

WATER UTILITIES EDUCATION AND TRAINING

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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 $205,541

Investment Income $5

Other Revenue $0

TOTAL REVENUE $205,546

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,000

Fundraising Expenses $0

Program Expenses $223,588

Other Expenses $214,141

TOTAL EXPENSES $227,141

Year-over-Year Comparison

	2024	2023	Change
Revenue	$205,546	$251,746	-0.2%
Expenses	$227,141	$210,972	+0.1%
Net Income	$-21,595	$40,774	-1.5%

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

N/A

Volunteers

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
DAVID WHITEWAY	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ALEX WHITEWAY	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
DAVIC BREWSTER	TREASURER	1.00	Officer Director	$0	$0	$0
ELIJAH DORMINY	SECRETARY	1.00	Officer Director	$0	$0	$0
KEVIN DRENNAN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ANGELO DUPONT	PAST CHAIR	1.00	Director	$0	$0	$0
JON MAHONEY	EXHIBITS CHAIRMAN	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
2024	$205,546	$227,141	$127,874	$-21,595
2023	$251,746	$210,972	$149,469	$40,774

TEXAS WATER UTILITIES ASSOCIATION NORTH CENTRAL TEXAS REGIONAL SCHOOL