HUB WATER ASSOCIATION (EIN 640474968) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Phone

6017360019

Tax Period

2023-01-01 to 2023-12-31

HUB WATER ASSOCIATION, founded in 1967, is a small nonprofit that reported $845K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $214K, a strong 25% operating margin.

Mission

PROVIDE WATER SERVICES TO APPROXIMATELY 1110 MEMBERS IN RURAL MARION COUNTY, MS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $825,003

Investment Income $19,797

Other Revenue $0

TOTAL REVENUE $844,800

Expense Breakdown

Grants Paid $0

Salaries & Benefits $258,848

Fundraising Expenses $0

Other Expenses $371,922

TOTAL EXPENSES $630,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$844,800	$735,156	+0.1%
Expenses	$630,770	$587,220	+0.1%
Net Income	$214,030	$147,936	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Role	Reportable Comp	Other Comp	Total
DOUG MCMICHAEL	Director	Director	$0	$0	$0
TERRY THOMAS	Director	Director	$0	$0	$0
JEFF COOPER	Director	Director	$0	$0	$0
GARY PRINE	Director	Director	$0	$0	$0
WD HIBLEY	Director	Director	$0	$0	$0
TONY BAUGHMAN	Director	Director	$0	$0	$0
JERRY BULLOCK	President	Officer	$0	$0	$0
KEN TYNES	Vice President	Officer	$0	$0	$0
RANDY DUNCAN	Secretary	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
2024	No data	No data	No data	No data
2023	$844,800	$630,770	$3,379,728	$214,030
2022	$735,156	$587,220	$3,200,512	$147,936
2021	$679,996	$625,345	$3,095,949	$54,651
2020	$660,518	$483,870	$3,058,154	$176,648
2019	$690,518	$480,951	$2,933,449	$209,567
2018	$659,866	$436,762	$2,767,485	$223,104

HUB WATER ASSOCIATION