EAST SIDE WATER SYSTEM INC (EIN 237204876) - 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

1969

Legal Domicile

Phone

3373635547

Tax Period

2024-01-01 to 2024-12-31

EAST SIDE WATER SYSTEM INC, founded in 1969, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 95% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 59% operating margin.

Mission

TO PROVIDE WATER TO RURAL AREAS EAST OF VILLE PLATTE, LOUISIANA

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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 $1,708,861

Program Service Revenue $942,617

Investment Income $6,888

Other Revenue $0

TOTAL REVENUE $2,658,366

Expense Breakdown

Grants Paid $0

Salaries & Benefits $393,537

Fundraising Expenses $0

Other Expenses $685,575

TOTAL EXPENSES $1,079,112

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,658,366	$1,363,665	+0.9%
Expenses	$1,079,112	$905,046	+0.2%
Net Income	$1,579,254	$458,619	+2.4%

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

$19,260

Total Directors

$26,010

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN VIDRINE	President	5.00	Officer Director	$6,420	$0	$6,420
SADIE FONTENOT	Treasurer	5.00	Officer Director	$6,420	$0	$6,420
CURTIS MARCANTEL	Vice President	5.00	Officer Director	$6,420	$0	$6,420
KIM VIDRINE	BOARD MEMBER	3.00	Director	$1,800	$0	$1,800
NEAL ARDOIN	BOARD MEMBER	3.00	Director	$1,800	$0	$1,800
MONICA FONTENOT	BOARD MEMBER	3.00	Director	$1,800	$0	$1,800
TED DEMORUELLE	BOARD MEMBER	3.00	Director	$1,350	$0	$1,350

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	$2,658,366	$1,079,112	$5,343,432	$1,579,254
2023	$1,363,665	$905,046	$3,395,913	$458,619
2022	$790,886	$667,986	$2,675,955	$122,900
2021	$597,409	$579,034	$2,000,854	$18,375
2020	$512,499	$513,020	$2,011,939	$-521
2019	$530,722	$543,114	$2,080,605	$-12,392
2018	$520,813	$591,076	$2,102,798	$-70,263

EAST SIDE WATER SYSTEM INC