KNOX COUNTY WATER INC (EIN 351446193) - 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

1975

Legal Domicile

Principal Officer

JOHN STEWART

Phone

8127265330

Tax Period

2023-01-01 to 2023-12-31

KNOX COUNTY WATER INC, founded in 1975, is a small nonprofit that reported $598K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $513K left a modest 14% surplus.

Mission

TO PROVIDE PORTABLE WATER TO RURAL AREAS IN KNOX COUNTY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $23,379

Other Revenue $574,447

TOTAL REVENUE $597,826

Expense Breakdown

Grants Paid $0

Salaries & Benefits $219,295

Fundraising Expenses $0

Program Expenses $512,729

Other Expenses $293,434

TOTAL EXPENSES $512,729

Year-over-Year Comparison

	2023	2022	Change
Revenue	$597,826	$526,652	+0.1%
Expenses	$512,729	$499,950	+0.0%
Net Income	$85,097	$26,702	+2.2%

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

$3,950

Total Directors

$2,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN ANSON	DIRECTOR	1.00	Director	$950	$0	$950
JOHN STEWART	PRESIDENT	1.00	Director	$950	$0	$950
DALTON SLOAN	DIRECTOR	1.00	Director	$700	$0	$700
DUSTIN BARMES	DIRECTOR	1.00	Officer	$850	$0	$850
HERMAN HATTON	SECRETARY	1.00	Officer	$1,050	$0	$1,050
JOE JARACZ	TREASURER	1.00	Officer	$1,050	$0	$1,050
RANDY NOWASKIE	VICE PRESIDENT	1.00	Officer	$1,000	$0	$1,000

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	$597,826	$512,729	$2,511,163	$85,097
2022	$526,652	$499,950	$2,413,899	$26,702
2021	$527,890	$537,661	$2,396,451	$-9,771
2020	$486,740	$514,681	$2,448,170	$-27,941
2019	$447,665	$473,933	$2,427,006	$-26,268
2018	$534,415	$432,565	$2,451,002	$101,850

KNOX COUNTY WATER INC