MEADOWCREEK MUTUAL WATER CO A CALIFORNIA CORPORATION (EIN 770013090) - 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

2020

Legal Domicile

Principal Officer

DAVID HITE

Phone

7608721090

Tax Period

2024-01-01 to 2024-12-31

MEADOWCREEK MUTUAL WATER CO A CALIFORNIA CORPORATION, founded in 2020, is a small nonprofit in the Public & Societal Benefit sector that reported $350K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $192K, a strong 55% operating margin.

Mission

THE ORGANIZATION'S PURPOSE IS TO DEVELOPE, DISTRIBUTE, SUPPLY, AND DELIVER WATER FOR DOMESTIC AND IRRATION USES AND FIRE PROCTECTION PURPOSES TO IT'S MEMBERS AT ACTUAL COST PLUS NECESSARY EXPENSES, AND TO ONE EXEMPT IT'S MEMBERS. wATER SHALL BE SOLD, DISTRIBUTED, SUPPLIED OR DELIVERED TO ALL MEMBERSD AND TO ONLY MEMBERS, EXCEPT THAT WATER SHALL ALSO BE PROVIDED TO THE COMMON AREAS OF ANY SUBDIVISION OR PARCELS OF COMMERICAL OR RESIDENTIAL REAL PROPERTY LOCATED WITHIN THE CORPORATION'S SERVICE AREA AND WHICH REQUEST WATER SERVICE FOR SUCH PARCELS. THIS ORGANIZATION SHALL BE AUTHORIZED TO DO WHATEVER DEEMED NECESSARY, CONDUCTIVE, INCIDENTAL OR ADVISABLE TO ACCOMPLISH AND PROMOTE THE FOREGOING PURPOSES.

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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 $340,904

Investment Income $8,633

Other Revenue $0

TOTAL REVENUE $349,537

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $157,165

TOTAL EXPENSES $157,165

Year-over-Year Comparison

	2024	2023	Change
Revenue	$349,537	$304,132	+0.1%
Expenses	$157,165	$146,593	+0.1%
Net Income	$192,372	$157,539	+0.2%

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

N/A

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
DOUG DeDEA	Vice President	1.00	Officer Director	$0	$0	$0
JEFF AHLSTROM	Treasurer	1.00	Officer Director	$0	$0	$0
DAVID HITE	President	1.00	Officer 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	$349,537	$157,165	$1,803,913	$192,372
2023	$304,132	$146,593	$1,642,773	$157,539
2022	$305,284	$135,020	$1,456,416	$170,264
2021	$283,905	$150,790	$1,332,075	$133,115
2020	$3,577	$10,037	$1,137,443	$-6,460

MEADOWCREEK MUTUAL WATER CO A CALIFORNIA CORPORATION