BLEWETT MUTUAL WATER CO

EIN: 941174720

VERNALIS, CA

Total Revenue
$382,602
Total Expenses
$370,599
Total Assets
$140,891
Net Assets
$140,891
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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
1950
Legal Domicile
CA
Principal Officer
RICHARD BETTENCOURT
Phone
2098350933
Tax Period
2023-07-01 to 2024-06-30

BLEWETT MUTUAL WATER CO, founded in 1950, is a small nonprofit that reported $383K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $371K left a modest 3% surplus.

Mission

WATER DISTRICT

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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 $382,602
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $382,602

Expense Breakdown

Grants Paid $0
Salaries & Benefits $41,162
Fundraising Expenses $0
Other Expenses $329,437
TOTAL EXPENSES $370,599

Year-over-Year Comparison

2023 2022 Change
Revenue $382,602 $422,547 -0.1%
Expenses $370,599 $377,867 0.0%
Net Income $12,003 $44,680 -0.7%
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
6
Independent Members
3
Employees
1
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD BETTENCOURT PRESIDENT 5.00
Officer Director
$0 $0 $0
FRANK BETTENCOURT DIRECTOR 5.00
Officer Director
$0 $0 $0
BRUCE OOSTERKAMP DIRECTOR 5.00
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
2025 No data No data No data No data
2024 $382,602 $370,599 $140,891 $12,003
2023 $422,547 $377,867 $117,476 $44,680
2022 $406,832 $429,193 $72,613 $-22,361
2021 $384,912 $358,291 $73,339 $26,621
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