ROOSEVELT COUNTY WATER COOPERATIVE INC (EIN 850217679) - 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

1973

Legal Domicile

Phone

5753566808

Tax Period

2024-01-01 to 2024-12-31

ROOSEVELT COUNTY WATER COOPERATIVE INC, founded in 1973, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

PROVIDE WATER AND SERVICE TO RESIDENTS OF ROOSEVELT COUNTY WHO LIVE OUTSIDE THE CITY OF PORTALES NM

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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 $2,275

Program Service Revenue $2,010,698

Investment Income $42,461

Other Revenue $0

TOTAL REVENUE $2,055,434

Expense Breakdown

Grants Paid $0

Salaries & Benefits $349,523

Fundraising Expenses $0

Program Expenses $2,007,116

Other Expenses $1,657,593

TOTAL EXPENSES $2,007,116

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,055,434	$2,392,834	-0.1%
Expenses	$2,007,116	$2,092,928	0.0%
Net Income	$48,318	$299,906	-0.8%

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
LARRY LEVACY	PRESIDENT	1.00	Director	$0	$0	$0
LESLIE RECTOR	VICE PRESIDENT	1.00	Director	$0	$0	$0
DANNY VICTOR	DIRECTOR	1.00	Director	$0	$0	$0
DONNA RUTHERFORD	SECRETARYTREASURER	1.00	Director	$0	$0	$0
RYAN CRAIG	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	$2,055,434	$2,007,116	$3,024,293	$48,318
2023	$2,392,834	$2,092,928	$2,924,965	$299,906
2022	$1,582,519	$1,442,095	$2,548,056	$140,424
2021	$1,520,537	$1,351,821	$2,403,887	$168,716
2020	$1,535,636	$1,367,545	$2,228,361	$168,091
2019	$1,374,368	$1,254,773	$2,030,991	$119,595

ROOSEVELT COUNTY WATER COOPERATIVE INC