SAGERTON WATER SUPPLY CORP (EIN 900854650) - 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

1963

Legal Domicile

Principal Officer

LINDA THAXTON

Phone

3257735558

Tax Period

2024-01-01 to 2024-12-31

SAGERTON WATER SUPPLY CORP, founded in 1963, is a small nonprofit that reported $116K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $135K exceeded revenue, resulting in a 17% operating deficit.

Mission

RURAL WATER SUPPLY

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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 $113,553

Investment Income $1,949

Other Revenue $0

TOTAL REVENUE $115,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $135,150

TOTAL EXPENSES $135,150

Year-over-Year Comparison

	2024	2023	Change
Revenue	$115,502	$124,868	-0.1%
Expenses	$135,150	$130,915	+0.0%
Net Income	$-19,648	$-6,047	+2.2%

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

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

$24,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROY BELL	DIRECTOR	0.00	Director	$0	$0	$0
MIKE HERTEL	DIRECTOR	0.00	Director	$0	$0	$0
LESLIE KUPATT	DIRECTOR	0.00	Director	$0	$0	$0
TERRY LETZ	DIRECTOR	0.00	Director	$0	$0	$0
CALVIN STEGEMOELLER	DIRECTOR	0.00	Director	$0	$0	$0
JUSTIN CORZINE	PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGE THAXTON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KAREN LEHRMANN	SEC/TREAS	1.00	Officer Director	$0	$0	$0
LINDA THAXTON	MANAGER	6.00	Officer	$24,000	$0	$24,000

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	$115,502	$135,150	$436,872	$-19,648
2023	$124,868	$130,915	$458,251	$-6,047
2022	$130,414	$119,861	$467,828	$10,553
2021	$120,388	$107,316	$453,534	$13,072
2020	$110,657	$110,659	$441,671	$-2
2019	$107,834	$95,611	$441,069	$12,223
2018	$114,478	$97,693	$442,543	$16,785

SAGERTON WATER SUPPLY CORP