CONCORD COMMUNITY WATER SYSTEM INC (EIN 561064770) - 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

JOE JOPLIN

Phone

8282459397

Tax Period

2024-10-01 to 2025-09-30

CONCORD COMMUNITY WATER SYSTEM INC, founded in 1965, is a small nonprofit that reported $491K in total revenue in fiscal year 2024. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $259K, a strong 53% operating margin.

Mission

TO PROVIDE WATER TO 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 (2024)

Revenue Breakdown

Contributions & Grants $231,627

Program Service Revenue $0

Investment Income $2,669

Other Revenue $256,997

TOTAL REVENUE $491,293

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,651

Fundraising Expenses $0

Program Expenses $228,369

Other Expenses $201,135

TOTAL EXPENSES $232,786

Year-over-Year Comparison

	2024	2023	Change
Revenue	$491,293	$283,534	+0.7%
Expenses	$232,786	$208,580	+0.1%
Net Income	$258,507	$74,954	+2.4%

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

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
GEORGE BROOKS	DIRECTOR	2.00	Director	$0	$0	$0
TONY STRICKLAND	DIRECTOR	2.00	Director	$0	$0	$0
JOE JOPLIN	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
ROGER HARMON	PRESIDENT	3.00	Officer Director	$0	$0	$0
FERRELL HAMRICK	SECTRETARY TREASURER	3.00	Officer Director	$0	$0	$0
BRAD JOYNER	EXECUTIVE DIRECTOR	5.00	Key Emp	$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
2025	$491,293	$232,786	$915,462	$258,507
2024	$283,534	$208,580	$679,719	$74,954
2023	$326,444	$202,608	$626,991	$123,836
2022	$217,231	$199,988	$524,488	$17,243
2021	$189,494	$220,422	$538,304	$-30,928
2020	$177,127	$256,781	$558,871	$-79,654
2019	$168,694	$254,753	$663,856	$-86,059
2018	$167,603	$239,806	$768,423	$-72,203

CONCORD COMMUNITY WATER SYSTEM INC