H&H WATER SYSTEM INC (EIN 640469499) - 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

1967

Legal Domicile

Principal Officer

GREG NICKS

Phone

6015072648

Tax Period

2025-01-01 to 2025-12-31

H&H WATER SYSTEM INC, founded in 1967, is a small nonprofit that reported $582K in total revenue in fiscal year 2025. Revenue fell 81% from the prior year — a significant decline worth monitoring. Net assets of $5.9M represent 122 months of operating reserves.

Mission

WATER SALES TO RURAL RESIDENTS

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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 (2025)

Revenue Breakdown

Contributions & Grants $5,800

Program Service Revenue $547,759

Investment Income $28,402

Other Revenue $155

TOTAL REVENUE $582,116

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $603,432

TOTAL EXPENSES $603,432

Year-over-Year Comparison

	2025	2024	Change
Revenue	$582,116	$2,995,848	-0.8%
Expenses	$603,432	$555,993	+0.1%
Net Income	$-21,316	$2,439,855	-1.0%

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
WAYNE GORDY	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRITT CROWELL	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
FREDDY LEDFORD	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE NOEL	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY ROBINSON	SECRETARY	1.00	Officer Director	$0	$0	$0
WAYNE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
MADISON HURDLE	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
2025	$582,116	$603,432	$6,719,320	$-21,316
2024	$2,995,848	$555,993	$6,749,882	$2,439,855
2023	$550,097	$447,952	$4,441,295	$102,145
2022	$420,803	$426,236	$4,230,581	$-5,433
2021	$402,788	$386,387	$4,250,439	$16,401
2020	$407,261	$386,311	$4,252,744	$20,950

H&H WATER SYSTEM INC