ALABAMA WATER AND WASTEWATER INSTITUTE

EIN: 631020712

MONTGOMERY, AL

Total Revenue
$94,573
Total Expenses
$73,120
Total Assets
$1,063,035
Net Assets
$1,063,035
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
AL
Principal Officer
RICHARD HANAN
Phone
3342623190
Tax Period
2023-01-01 to 2023-12-31

ALABAMA WATER AND WASTEWATER INSTITUTE, founded in 1990, is a micro nonprofit that reported $95K in total revenue in fiscal year 2023. The organization ran a surplus of $21K, a strong 23% operating margin.

Mission

TRAINING OF WATER WORKS AND SANITARY SEWER BOARDS

Program Service Accomplishments

Program 1

PROVIDED TRAINING TO INDIVIDUALS IN THE FIELD BY HOLDING SEMINARS, TRAINING SESSIONS, AND OTHER EDUCATIONAL ACTIVITIES DESIGNED TO ASSIST THE WATER AND WASTEWATER BOARDS IN PERFORMANCE OF THEIR...

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PROVIDED TRAINING TO INDIVIDUALS IN THE FIELD BY HOLDING SEMINARS, TRAINING SESSIONS, AND OTHER EDUCATIONAL ACTIVITIES DESIGNED TO ASSIST THE WATER AND WASTEWATER BOARDS IN PERFORMANCE OF THEIR OBJECTIVES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $86,800
Investment Income $7,773
Other Revenue $0
TOTAL REVENUE $94,573

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $73,120
TOTAL EXPENSES $73,120

Year-over-Year Comparison

2023 2022 Change
Revenue $94,573 $92,659 +0.0%
Expenses $73,120 $55,831 +0.3%
Net Income $21,453 $36,828 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
14

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
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD E HANAN EXECUTIVE DIRECTOR 20.00
Officer Director
$0 $0 $0
BAY CHANDLER MEMBER 0.00
Director
$0 $0 $0
BILL HENDERSON SECRETARY 0.00
Officer Director
$0 $0 $0
DAN HILYER MEMBER 0.00
Director
$0 $0 $0
BILLY R MAYES MEMBER 0.00
Director
$0 $0 $0
JN BUCKNER MEMBER 0.00
Director
$0 $0 $0
JA'NET JOINER BOARD MANAGER 0.00
Director
$0 $0 $0
BUD MCCORY MEMBER 0.00
Director
$0 $0 $0
RONNIE WINDAM MEMBER 0.00
Director
$0 $0 $0
ED TURNER MEMBER 0.00
Director
$0 $0 $0
LAURA KOON MEMBER 0.00
Director
$0 $0 $0
MICHAEL CAIN MEMBER 0.00
Director
$0 $0 $0
JIMMY JUNKIN MEMBER 0.00
Director
$0 $0 $0
CHAD HARE MEMBER 0.00
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 $94,573 $73,120 $1,063,035 $21,453
2022 $92,659 $55,831 $1,041,582 $36,828
2021 $87,784 $55,556 $1,004,754 $32,228
2020 $93,478 $72,261 $972,526 $21,217
2019 $89,292 $70,742 $951,309 $18,550
2018 $89,749 $81,438 $932,759 $8,311
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