SOUTH GREENE WATER CORPORATION (EIN 581318018) - 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

1969

Legal Domicile

Principal Officer

BILLY DAIL

Phone

2527475914

Tax Period

2024-01-01 to 2024-12-31

SOUTH GREENE WATER CORPORATION, founded in 1969, is a small nonprofit that reported $636K in total revenue in fiscal year 2024. The organization ran a surplus of $100K, a strong 16% operating margin.

Mission

PROVIDE WATER AND SERVICE FOR MEMBERS IN RURAL GREENE COUNTY, NC

🔒

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 $0

Program Service Revenue $407,241

Investment Income $57,094

Other Revenue $171,223

TOTAL REVENUE $635,558

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $509,313

Other Expenses $535,998

TOTAL EXPENSES $535,998

Year-over-Year Comparison

	2024	2023	Change
Revenue	$635,558	$596,860	+0.1%
Expenses	$535,998	$530,753	+0.0%
Net Income	$99,560	$66,107	+0.5%

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

$21,000

Total Directors

$21,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILLY DAIL	PRESIDENT	5.00	Officer Director	$12,000	$0	$12,000
JANET STOCKS	SEC/TREAS	10.00	Officer Director	$9,000	$0	$9,000
DWAYNE CARRAWAY	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY DAIL	DIRECTOR	1.00	Director	$0	$0	$0
PAT HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
ROGER MEWBORN	DIRECTOR	1.00	Director	$0	$0	$0
ARTHUR PRIDGEN	V PRESIDENT	1.00	Officer Director	$0	$0	$0
LAWTON SUGGS	DIRECTOR	1.00	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	$635,558	$535,998	$2,305,919	$99,560
2023	$596,860	$530,753	$2,228,849	$66,107
2022	$526,575	$485,292	$2,172,591	$41,283
2021	$515,786	$476,975	$2,152,556	$38,811
2020	$533,145	$472,031	$2,128,921	$61,114
2019	$554,385	$495,369	$2,092,317	$59,016
2018	$488,528	$464,309	$2,042,610	$24,219

SOUTH GREENE WATER CORPORATION