Blackman Community Water System Inc (EIN 571218370) - 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

2004

Legal Domicile

Principal Officer

Randall Ward

Phone

8505372527

Tax Period

2019-01-01 to 2019-12-31

Blackman Community Water System Inc, founded in 2004, is a small nonprofit that reported $124K in total revenue in fiscal year 2019. Expenses of $271K exceeded revenue, resulting in a 119% operating deficit.

Mission

Operating a rural, non-profit, water system to provide potable water to the Blackman, Florida community

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $123,650

Investment Income $8

Other Revenue $147

TOTAL REVENUE $123,805

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $271,488

TOTAL EXPENSES $271,488

Year-over-Year Comparison

	2019	2018	Change
Revenue	$123,805	$115,905	+0.1%
Expenses	$271,488	$299,356	-0.1%
Net Income	$-147,683	$-183,451	-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

N/A

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
Randall Ward	President	8.00	Officer Director	$0	$0	$0
Cassie Scofield	Board Member	2.00	Director	$0	$0	$0
Donnie Fugate Sr	Board Member/Treasurer	2.00	Officer Director	$0	$0	$0
Donnie Fugate Jr	Board Member/Vice Pres	2.00	Officer Director	$0	$0	$0
Harvey Gatewood	Board Member	2.00	Director	$0	$0	$0
Sharon Cunningham	Board Member	2.00	Officer Director	$0	$0	$0
Mark Cato	Board 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
2019	$123,805	$271,488	$4,546,228	$-147,683
2018	$115,905	$299,356	$4,599,059	$-183,451

Blackman Community Water System Inc