MADERA VALLEY WATER COMPANY (EIN 942450715) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

GREGORY E RODGERS

Phone

5596742407

Tax Period

2023-11-01 to 2024-10-31

MADERA VALLEY WATER COMPANY, founded in 1975, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Expenses of $3.3M exceeded revenue, resulting in a 20% operating deficit.

Mission

MUTUAL WATER COMPANY PROVIDES INFRASTRUCTURE TO MAKE WATER DELIVERIES TO THE MEMBERS OF THE ORGANIZATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $235,345

Program Service Revenue $2,493,224

Investment Income $11,037

Other Revenue $31,975

TOTAL REVENUE $2,771,581

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,076,708

Fundraising Expenses $0

Other Expenses $2,260,483

TOTAL EXPENSES $3,337,191

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,771,581	$2,860,042	0.0%
Expenses	$3,337,191	$2,863,974	+0.2%
Net Income	$-565,610	$-3,932	+142.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$204,286

Total Directors

$145,140

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGORY E RODGERS	CFO	40.00	Officer	$109,846	$0	$109,846
GREGORY RODGERS	CFO	40.00		$109,846	$0	$109,846
MICHAEL S SMITH	OPERATION MGMT	40.00		$105,098	$0	$105,098
RODNEY E SMITH	SUPERINTENDENT	40.00		$98,017	$0	$98,017
CAROLYN CERVANTEZ	Sec/Treas	40.00	Officer Director	$94,440	$0	$94,440
CAROLYN CERVANTEZ	SEC/TRES	40.00		$88,940	$0	$88,940
CHRISTINA J HUERTA	OFFICE MGMT	40.00		$85,352	$0	$85,352
LYNDA SCHAFHAUSER	Director	8.00	Director	$14,800	$0	$14,800
RANDY HUCKABAY	Chairman	5.00	Director	$14,300	$0	$14,300
JOE RIOS	Director	5.00	Director	$7,800	$0	$7,800
GREG POTTER	Director	5.00	Director	$7,200	$0	$7,200
MIKE DINIS	Director	5.00	Director	$6,600	$0	$6,600

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	$2,771,581	$3,337,191	$4,625,563	$-565,610
2023	$2,860,042	$2,863,974	$5,427,533	$-3,932
2022	$2,978,950	$2,868,862	$5,515,218	$110,088
2021	$2,680,395	$2,708,299	$5,493,946	$-27,904
2020	$2,295,593	$2,413,396	$5,647,490	$-117,803
2019	$2,237,862	$2,413,676	$5,898,395	$-175,814
2018	$2,207,664	$2,103,472	$5,747,106	$104,192

MADERA VALLEY WATER COMPANY