MACEDONIA WATER ASSOCIATION INC

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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

Principal Officer

ED PARKER

Phone

6626286047

Tax Period

2024-07-01 to 2025-06-30

MACEDONIA WATER ASSOCIATION INC, founded in 1965, is a micro nonprofit that reported $92K in total revenue in fiscal year 2024.

Mission

PROVIDING WATER & MACEDONIA COMMUITY IN CALHOUN COUNTY, MISSISSIPPI TO APPROXIMATELY 200 CUSTOMERS.

Program Service Accomplishments

Program 1

PROVIDING WATER TO MACEDONIA COMMUNITY IN CALHOUN COUNTY, MISSISSIPPI TO APPROXIMATELY 200 CUSTOMERS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $92,064

Investment Income $2

Other Revenue $0

TOTAL REVENUE $92,066

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,353

Fundraising Expenses $0

Other Expenses $87,486

TOTAL EXPENSES $94,839

Year-over-Year Comparison

	2024	2023	Change
Revenue	$92,066	$91,888	+0.0%
Expenses	$94,839	$113,944	-0.2%
Net Income	$-2,773	$-22,056	-0.9%

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

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
JERRY BAKER	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
PEARLIE DYESS	DIRECTOR	N/A	Director	$0	$0	$0
ED PARKER	PRESIDENT	N/A	Officer Director	$0	$0	$0
DAVID SPIVEY	SECRETARY	N/A	Officer 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
2025	$92,066	$94,839	$593,183	$-2,773
2024	$89,281	$108,808	$614,553	$-19,527
2024	$91,888	$113,944	$612,179	$-22,056
2022	$84,324	$102,551	$681,081	$-18,227
2021	$84,340	$93,937	$712,570	$-9,597
2020	$93,833	$97,140	$738,103	$-3,307
2018	$94,266	$97,154	$775,262	$-2,888