SANDY LAKE WATER SYSTEM INC

EIN: 363170939

JONESVILLE, LA

Total Revenue
$453,142
Total Expenses
$394,110
Total Assets
$1,319,126
Net Assets
$996,630
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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
1967
Legal Domicile
LA
Principal Officer
HOWARD HARDIE
Phone
3189926348
Tax Period
2024-01-01 to 2024-12-31

SANDY LAKE WATER SYSTEM INC, founded in 1967, is a small nonprofit that reported $453K in total revenue in fiscal year 2024. Expenses of $394K left a modest 13% surplus.

Mission

PROVIDING WATER

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $453,142
Investment Income $0
Other Revenue $0
TOTAL REVENUE $453,142

Expense Breakdown

Grants Paid $0
Salaries & Benefits $137,963
Fundraising Expenses $0
Program Expenses $394,110
Other Expenses $256,147
TOTAL EXPENSES $394,110

Year-over-Year Comparison

2024 2023 Change
Revenue $453,142 $463,992 0.0%
Expenses $394,110 $367,705 +0.1%
Net Income $59,032 $96,287 -0.4%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL FORD BOARD 1.00
Director
$0 $0 $0
JOHNNY JOLLY VICE PRES 3.00
Officer
$0 $0 $0
HOWARD HARDIE PRESIDENT 3.00
Officer
$0 $0 $0
KENNETH FORD SECRETARY 1.00
Director
$0 $0 $0
GEORGE WHITE JR BOARD 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 $453,142 $394,110 $1,319,126 $59,032
2023 $463,992 $367,705 $1,269,321 $96,287
2022 $427,388 $379,555 $1,185,363 $47,833
2021 $349,353 $342,161 $1,141,605 $7,192
2020 $348,059 $388,052 $1,143,692 $-39,993
2019 $339,705 $338,189 $1,187,340 $1,516
2018 $354,749 $323,772 $1,185,852 $30,977
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