SILOAM WATER DISTRICT INC (EIN 237327008) - 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

1965

Legal Domicile

Principal Officer

IDA ORR

Phone

6624941852

Tax Period

2023-01-01 to 2023-12-31

SILOAM WATER DISTRICT INC, founded in 1965, is a small nonprofit in the Public & Societal Benefit sector that reported $852K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE WATER TO RURAL AREAS OF CLAY COUNTY, MONROE COUNTY AND WEBSTER COUNTY, MISSISSIPPI.

🔒

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 $35,282

Program Service Revenue $815,839

Investment Income $504

Other Revenue $0

TOTAL REVENUE $851,625

Expense Breakdown

Grants Paid $0

Salaries & Benefits $441,893

Fundraising Expenses $0

Other Expenses $479,886

TOTAL EXPENSES $921,779

Year-over-Year Comparison

	2023	2022	Change
Revenue	$851,625	$771,413	+0.1%
Expenses	$921,779	$841,621	+0.1%
Net Income	$-70,154	$-70,208	0.0%

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

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
ALAN GATES	BOARD VICE P	1.00	Officer Director	$0	$0	$0
WILLIE HIGHTOWER	BOARD SECRET	1.00	Officer Director	$0	$0	$0
DAVID IVY	BOARD MEMBER	1.00	Director	$0	$0	$0
SHERMAN IVY	BOARD MEMBER	1.00	Director	$0	$0	$0
IDA ORR	BOARD PRESID	1.00	Officer Director	$0	$0	$0
WILLIE PETTY	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES TOWNSEND	BOARD MEMBER	1.00	Director	$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	No data	No data	No data	No data
2023	$851,625	$921,779	$2,263,854	$-70,154

SILOAM WATER DISTRICT INC