Maywood Mutual Water Company No 2
Nonprofit profile at a glance
- EIN
- 950985410
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Maywood, CA, USA
- Phone
- 3235815816
- Rating confidence
- Limited
Reported finances
- Revenue
- $2,653,495
- Expenses
- $2,146,352
- Assets
- $5,195,689
- Liabilities
- $204,426
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- SALVADOR MARTIN (PRESIDENT/DIRECTOR)
- OYARZABAL JESUS (VICE PRESIDENT/DIRECTOR)
Highest reported compensation
- RODRIGUEZ JOE (GENERAL MANAGER): $149,660 total reported compensation
- SALVADOR MARTIN (PRESIDENT/DIRECTOR): $14,000 total reported compensation
- MARIA PULIDO (TREASURER/DIRECTOR): $14,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To furnish domestic water to a membership of approximately 1925 homeowners.
What it reported doing in 2024
Maywood mutual water company no 2 provides water service to approximately 1925 customer-members.
Operating model
- Revenue model
- Earned-program. 72% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 64
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 9 controls in place; rating input score 11
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.1%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 2.42; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -13.5% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 5 of 5 board members independent · 1 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.1M in reported program spending
- Leadership: top reported pay $150K · 6 people listed
- Consistency: 11 of 11 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 7 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.