WALNUT PARK MUTUAL WATER COMPANY (EIN 951344880) - 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

1914

Legal Domicile

Principal Officer

MIKE R GOMEZ

Phone

3235857321

Tax Period

2023-01-01 to 2023-12-31

WALNUT PARK MUTUAL WATER COMPANY, founded in 1914, is a community nonprofit that reported $5.3M in total revenue in fiscal year 2023. Revenue surged 164% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.2M, a strong 61% operating margin.

Mission

MEMBERSHIP DUES AND ASSESSMENTS WERE COLLECTED TO PROVIDE WATER SERVICE TO ITS MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,263,449

Program Service Revenue $1,983,074

Investment Income $3,637

Other Revenue $28,692

TOTAL REVENUE $5,278,852

Expense Breakdown

Grants Paid $0

Salaries & Benefits $560,507

Fundraising Expenses $0

Other Expenses $1,495,222

TOTAL EXPENSES $2,055,729

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,278,852	$2,002,819	+1.6%
Expenses	$2,055,729	$1,823,035	+0.1%
Net Income	$3,223,123	$179,784	+16.9%

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

$87,658

Total Directors

$97,858

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WALLY G SHIDLER	SECRETARY/DIRECTOR	5.00	Officer Director	$0	$0	$0
SALVADOR GARCIA	TREASURER/DIRECTOR	1.00	Officer Director	$10,200	$0	$10,200
DANIEL CALDERON	BOARD OF DIRECTOR	1.00	Director	$10,200	$0	$10,200
MIKE GOMEZ	PRESIDENT/CO-MANAGER/DIREC	20.00	Officer Director	$56,869	$0	$56,869
JOE LUPPINO	VICE-PRESIDENT/CO-MANAGER/	10.00	Officer Director	$20,589	$0	$20,589
E VIRAMONTES	PLANT OPERATOR	42.19	Highest	$109,088	$0	$109,088

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	No data	No data	No data	No data
2023	$5,278,852	$2,055,729	$14,452,350	$3,223,123
2021	$1,914,949	$1,784,791	$7,671,135	$130,158
2020	$2,088,309	$1,702,409	$7,531,232	$385,900
2019	$1,930,501	$1,541,849	$7,128,361	$388,652
2018	$1,912,284	$1,474,112	$6,716,104	$438,172

WALNUT PARK MUTUAL WATER COMPANY