MACEDONIA WATER WORKS INC (EIN 570808629) - 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

1985

Legal Domicile

Principal Officer

DONNIE HARDIN

Phone

8644888801

Tax Period

2021-05-01 to 2022-04-30

MACEDONIA WATER WORKS INC, founded in 1985, is a small nonprofit that reported $632K in total revenue in fiscal year 2021. Expenses of $888K exceeded revenue, resulting in a 41% operating deficit.

Mission

ESTABLISH WATER LINES AND PROVIDE WATER SERVICE TO A PORTION OF CHEROKEE COUNTY, SC THAT WOULD OTHERWISE NOT BE SUPPLIED WITH TREATED 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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $70,423

Program Service Revenue $560,243

Investment Income $919

Other Revenue $0

TOTAL REVENUE $631,585

Expense Breakdown

Grants Paid $440,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $844,416

Other Expenses $448,085

TOTAL EXPENSES $888,085

Year-over-Year Comparison

	2021	2020	Change
Revenue	$631,585	$618,770	+0.0%
Expenses	$888,085	$486,309	+0.8%
Net Income	$-256,500	$132,461	-2.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MITCHELL COPELAND	DIRECTOR	1.00	Director	$0	$0	$0
PAUL PATTERSON	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD TURNER	DIRECTOR	1.00	Director	$0	$0	$0
LYNN WILKIE	DIRECTOR	1.00	Director	$0	$0	$0
DONNIE HARDIN	PRESIDENT	1.00	Officer	$0	$0	$0
JUANITA HOUGH	SECRETARY	1.00	Officer	$0	$0	$0
JC HUMPHRIES JR	VICE PRESIDE	1.00	Officer	$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
2022	$631,585	$888,085	No data	$-256,500
2021	$618,770	$486,309	$3,387,566	$132,461
2020	$528,364	$502,601	$3,249,043	$25,763
2019	$492,242	$533,822	$3,216,050	$-41,580

MACEDONIA WATER WORKS INC