LA CUMBRE MUTUAL WATER COMPANY (EIN 950914550) - 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

1925

Legal Domicile

Principal Officer

MIKE ALVARADO

Phone

8059672376

Tax Period

2024-01-01 to 2024-12-31

LA CUMBRE MUTUAL WATER COMPANY, founded in 1925, is a community nonprofit that reported $8.6M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 28% operating margin.

Mission

MUTUAL WATER COMPANY

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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 $8,114,382

Investment Income $403,820

Other Revenue $57,857

TOTAL REVENUE $8,576,059

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,876,652

Fundraising Expenses $0

Program Expenses $6,134,636

Other Expenses $4,257,984

TOTAL EXPENSES $6,134,636

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,576,059	$7,100,749	+0.2%
Expenses	$6,134,636	$5,865,056	+0.0%
Net Income	$2,441,423	$1,235,693	+1.0%

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

$373,903

Total Directors

$46,648

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX RODRIGUEZ	PRESIDENT	12.00	Officer Director	$16,230	$0	$16,230
ROB THOMSON	TREASURER	10.00	Officer Director	$11,593	$0	$11,593
DOUG CAMPBELL	DIRECTOR	8.00	Director	$7,750	$0	$7,750
MARC RUSSO	VICE PRESIDENT	4.00	Officer Director	$5,650	$0	$5,650
JANE LODAS	SECRETARY	2.00	Officer Director	$5,425	$0	$5,425
MIKE ALVARADO	GENERAL MANAGER	40.00	Officer	$285,356	$49,649	$335,005
JEFF DAMERON	ADMINISTRATIVE MANAGER	40.00	Highest	$241,653	$47,356	$289,009
SCOTT TROCHMAN	FOREMAN	40.00	Highest	$149,274	$29,710	$178,984
CHRIS ALVARADO	DISTRIBUTION MANAGER	40.00	Highest	$138,921	$19,490	$158,411
MARIA ARMIJO	OFFICE MANAGER	40.00	Highest	$128,067	$25,312	$153,379
LEOPOLDO TORRES	WATER SYSTEM OPERTAIONS	40.00	Highest	$118,607	$17,689	$136,296

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	$8,576,059	$6,134,636	$22,021,665	$2,441,423
2023	$7,100,749	$5,865,056	$20,164,709	$1,235,693
2022	$8,071,446	$5,973,702	$17,862,546	$2,097,744
2021	$7,727,968	$6,856,196	$15,692,771	$871,772
2020	$5,970,591	$5,392,790	$14,685,997	$577,801
2019	$5,269,638	$4,499,399	$14,084,757	$770,239
2018	$5,710,019	$4,273,600	$13,487,683	$1,436,419

LA CUMBRE MUTUAL WATER COMPANY