Verde Lakes Water Corporation (EIN 953464263) - 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

1994

Legal Domicile

Principal Officer

Alan Williams Individual

Phone

9285674338

Tax Period

2024-01-01 to 2024-12-31

Verde Lakes Water Corporation, founded in 1994, is a small nonprofit that reported $241K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $311K exceeded revenue, resulting in a 29% operating deficit.

Mission

To Provide Water to the Verde Lakes Community

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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 $236,118

Investment Income $0

Other Revenue $4,833

TOTAL REVENUE $240,951

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,297

Fundraising Expenses $0

Program Expenses $311,072

Other Expenses $138,775

TOTAL EXPENSES $311,072

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,951	$255,401	-0.1%
Expenses	$311,072	$356,755	-0.1%
Net Income	$-70,121	$-101,354	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shirley Brinkman	Director	0.00	Director	$0	$0	$0
Rick Blough	Director	0.00	Director	$0	$0	$0
Alan Williams	ManagerTreasurer	40.00	Officer	$0	$0	$0
Lois Williams	Secretary	0.00	Officer	$0	$0	$0
Brian Williams	President	0.00	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
2024	$240,951	$311,072	$256,085	$-70,121
2023	$255,401	$356,755	$359,071	$-101,354
2022	$237,522	$279,543	$441,527	$-42,021
2021	$241,402	$271,214	$485,794	$-29,812

Verde Lakes Water Corporation