HARRELLS WATER CORPORATION (EIN 561025880) - 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

1970

Legal Domicile

Principal Officer

CYNTHIA EZZELL

Phone

9105322990

Tax Period

2023-01-01 to 2023-12-31

HARRELLS WATER CORPORATION, founded in 1970, is a small nonprofit that reported $214K in total revenue in fiscal year 2023. Net assets of $602K represent 34 months of operating reserves.

Mission

TO ASSOCIATE ITS MEMBERS TOGETHER FOR THEIR MUTUAL BENEFIT, AND TO THAT END TO CONSTRUCT, MAINTAIN, AND OPERATE A PRIVATE WATER SYSTEM FOR THE SUPPLYING OF WATER TO ITS MEMBERS.

🔒

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 $0

Program Service Revenue $212,835

Investment Income $1,419

Other Revenue $0

TOTAL REVENUE $214,254

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,377

Fundraising Expenses $0

Program Expenses $220,520

Other Expenses $158,143

TOTAL EXPENSES $220,520

Year-over-Year Comparison

	2023	2022	Change
Revenue	$214,254	$201,454	+0.1%
Expenses	$220,520	$169,522	+0.3%
Net Income	$-6,266	$31,932	-1.2%

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

$23,853

Total Directors

$1,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA EZZELL	Secretary	25.00	Officer	$22,653	$0	$22,653
GEORGE D MCGILL	President	5.00	Officer Director	$1,200	$0	$1,200
ERNEST MINTZ	Vice President	0.00	Officer Director	$0	$0	$0
KALTON R NEWKIRK	Director	0.00	Director	$0	$0	$0
SIDNEY BLAND	Director	0.00	Director	$0	$0	$0
CHARLES MOORE	Director	0.00	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	$214,254	$220,520	$650,056	$-6,266
2022	$201,454	$169,522	$681,477	$31,932
2021	$204,519	$187,106	$660,121	$17,413
2020	$205,174	$172,709	$663,771	$32,465
2019	$198,310	$173,071	$669,111	$25,239
2018	$186,941	$166,650	$666,325	$20,291

HARRELLS WATER CORPORATION