POWERS WATER ASSOCIATION

EIN: 640433780 Environment

LAUREL, MS

Total Revenue
$531,667
Total Expenses
$525,060
Total Assets
$926,475
Net Assets
$868,646
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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
1965
Legal Domicile
MS
Phone
6014280294
Tax Period
2024-07-01 to 2025-06-30

POWERS WATER ASSOCIATION, founded in 1965, is a small nonprofit in the Environment sector that reported $532K in total revenue in fiscal year 2024.

Mission

To provide water service to residential and commercial customers in the Powers and surrounding communities

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $530,265
Investment Income $1,402
Other Revenue $0
TOTAL REVENUE $531,667

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,520
Fundraising Expenses $0
Program Expenses $525,060
Other Expenses $452,540
TOTAL EXPENSES $525,060

Year-over-Year Comparison

2024 2023 Change
Revenue $531,667 $513,649 +0.0%
Expenses $525,060 $483,595 +0.1%
Net Income $6,607 $30,054 -0.8%
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

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Governance

Voting Members
5
Independent Members
5
Employees
2
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN BRADLEY Board Member 0.00
Director
$0 $0 $0
ED RITCHEY Board Member 0.00
Director
$0 $0 $0
BOBBY HOLDER Board Member 0.00
Director
$0 $0 $0
ADRON PRESLEY President 0.00
Officer
$0 $0 $0
KEBLE LUTER Secretary 0.00
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
2025 $531,667 $525,060 $926,475 $6,607
2024 $513,649 $483,595 $910,162 $30,054
2023 $481,741 $455,839 $885,825 $25,902
2022 $415,561 $458,450 $910,832 $-42,889
2021 $374,376 $392,697 $1,008,144 $-18,321
2020 $355,839 $321,224 $1,069,697 $34,615
2019 $348,779 $318,788 $1,082,694 $29,991
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