TOMBIGBEE WATER ASSOCIATION INC %MIKE DOZIER CPA PC (EIN 640500133) - 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

2001

Legal Domicile

Principal Officer

DONNIE TURNER

Phone

6628627955

Tax Period

2024-07-01 to 2025-06-30

TOMBIGBEE WATER ASSOCIATION INC %MIKE DOZIER CPA PC, founded in 2001, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 417% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 84% operating margin.

Mission

TOMBIGEE WATER ASSOCIATION, INC. WAS ORGANIZED AS A NON-PROFIT CORPORATION FOR THE PURPOSE OF ESTABLISHING AND OPERATING A RURAL WATERWORKS SYSTEM FOR THE RESIDENTS OF ITAWAMBA COUNTY, MISSISSIPPI AREA.

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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 $1,026,342

Program Service Revenue $241,670

Investment Income $1,988

Other Revenue $0

TOTAL REVENUE $1,270,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,270

Fundraising Expenses $0

Other Expenses $149,549

TOTAL EXPENSES $200,819

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,270,000	$245,717	+4.2%
Expenses	$200,819	$187,228	+0.1%
Net Income	$1,069,181	$58,489	+17.3%

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
NATHAN CHRISTIAN	DIRECTOR/ VI	N/A	Director	$0	$0	$0
GARY LOAGUE	DIRECTOR	N/A	Officer Director	$0	$0	$0
RANDY RILEY	DIRECTOR	N/A	Officer Director	$0	$0	$0
DONNIE TURNER	DIRECTOR/PRE	N/A	Director	$0	$0	$0
BOBBY HOWERY	DIRECTOR	N/A	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	$1,270,000	$200,819	$2,030,355	$1,069,181
2024	$245,717	$187,228	$639,101	$58,489
2023	$210,227	$177,311	$581,300	$32,916
2022	$208,503	$168,637	$546,133	$39,866
2021	$213,377	$158,435	$506,075	$54,942
2020	$199,402	$168,685	$612,174	$30,717
2019	$203,631	$177,009	$600,468	$26,622

TOMBIGBEE WATER ASSOCIATION INC %MIKE DOZIER CPA PC