JENKINSVILLE WATER COMPANY INC (EIN 570574315) - 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

1970

Legal Domicile

Principal Officer

GREGREY GINYARD

Phone

8033455015

Tax Period

2023-01-01 to 2023-12-31

JENKINSVILLE WATER COMPANY INC, founded in 1970, is a small nonprofit that reported $658K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $580K left a modest 12% surplus.

Mission

PROVIDING WATER TO MEMBERS

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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 $654,855

Investment Income $2,746

Other Revenue $0

TOTAL REVENUE $657,601

Expense Breakdown

Grants Paid $0

Salaries & Benefits $136,801

Fundraising Expenses $0

Program Expenses $457,811

Other Expenses $443,374

TOTAL EXPENSES $580,175

Year-over-Year Comparison

	2023	2022	Change
Revenue	$657,601	$595,557	+0.1%
Expenses	$580,175	$532,109	+0.1%
Net Income	$77,426	$63,448	+0.2%

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

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
GREGREY GINYARD	PRESIDENT	25.00	Officer Director	$0	$0	$0
JOSEPH MCBRIDE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TANGEE JACOBS	SECRETARY	2.00	Officer Director	$0	$0	$0
TIMOTHY ROSEBOROUGH	MEMBER	2.00	Director	$0	$0	$0
JERAL SMITH	MEMBER	2.00	Director	$0	$0	$0
MARY WHITE	MEMBER	2.00	Director	$0	$0	$0
ROSA YARBOROUGH	MEMBER	2.00	Director	$0	$0	$0
JOHN A JONES	MEMBER	2.00	Director	$0	$0	$0
CLEMART CAMACK	MEMBER	2.00	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	$657,601	$580,175	$2,382,511	$77,426
2022	$595,557	$532,109	$2,360,388	$63,448
2021	$471,478	$514,979	$2,373,259	$-43,501
2020	$463,905	$530,723	$2,458,334	$-66,818
2019	$487,096	$526,273	$2,590,432	$-39,177
2018	$462,679	$519,682	$2,856,052	$-57,003

JENKINSVILLE WATER COMPANY INC