CROSSROADS WATER ASSOCIATION INC (EIN 640468045) - 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

1966

Legal Domicile

Principal Officer

JOE E EDMONDSON

Phone

6626285331

Tax Period

2024-01-01 to 2024-12-31

CROSSROADS WATER ASSOCIATION INC, founded in 1966, is a small nonprofit that reported $178K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $940K represent 63 months of operating reserves.

Mission

COMMUNITY WATER ASSOCIATION

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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 $177,302

Investment Income $903

Other Revenue $0

TOTAL REVENUE $178,205

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $173,483

TOTAL EXPENSES $173,483

Year-over-Year Comparison

	2024	2023	Change
Revenue	$178,205	$163,342	+0.1%
Expenses	$173,483	$164,514	+0.1%
Net Income	$4,722	$-1,172	-5.0%

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

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
ROBERT DOOLITTLE	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
JOE E EDMONDSON	PRESIDENT	N/A	Officer Director	$0	$0	$0
CHRIS KEENUM	DIRECTOR	N/A	Director	$0	$0	$0
JESS MOORE	DIRECTOR	N/A	Director	$0	$0	$0
MIKE WADE	VICE PRESIDE	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
2024	$178,205	$173,483	$1,126,172	$4,722
2023	$163,342	$164,514	$1,140,566	$-1,172
2022	$172,972	$157,698	$1,158,712	$15,274
2021	$283,498	$155,860	$1,164,155	$127,638
2020	$174,767	$158,688	$1,047,183	$16,079
2019	$176,167	$163,428	$1,045,601	$12,739

CROSSROADS WATER ASSOCIATION INC