GARDEN ACRES MUTUAL WATER CO (EIN 951710515) - 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

1929

Legal Domicile

Principal Officer

MICHAEL BARBER

Phone

8057978401

Tax Period

2023-01-01 to 2023-12-31

GARDEN ACRES MUTUAL WATER CO, founded in 1929, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 235% from the prior year, signaling strong growth momentum. The organization ran a surplus of $782K, a strong 73% operating margin.

Mission

PROVIDE WATER SERVICE TO 185 CUSTOMERS

🔒

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 $714,000

Program Service Revenue $346,687

Investment Income $-927

Other Revenue $4,800

TOTAL REVENUE $1,064,560

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $282,955

TOTAL EXPENSES $282,955

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,064,560	$317,969	+2.3%
Expenses	$282,955	$217,750	+0.3%
Net Income	$781,605	$100,219	+6.8%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EVERADO ZAVALA	BOARD MEMBER	1.00	Officer	$0	$0	$0
GUADALUPE BELTRAN	BOARD MEMBER	1.00	Officer	$0	$0	$0
CHARLES LOWE III	BOARD MEMBER	1.00	Officer	$0	$0	$0
MICHAEL BARBER	President	1.00	Officer	$0	$0	$0
TINO RAMIREZ	Vice President	1.00	Officer	$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
2023	$1,064,560	$282,955	$1,693,625	$781,605
2022	$317,969	$217,750	$1,567,164	$100,219
2021	$247,851	$230,890	$876,406	$16,961
2020	$239,644	$222,702	$874,823	$16,942
2019	$247,132	$237,471	$830,166	$9,661
2018	$203,986	$195,072	$739,445	$8,914

GARDEN ACRES MUTUAL WATER CO