Pattison Community Water Assn Inc (EIN 640500999) - 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

1968

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Pattison Community Water Assn Inc, founded in 1968, is a small nonprofit that reported $481K in total revenue in fiscal year 2023. Expenses of $609K exceeded revenue, resulting in a 27% operating deficit.

Mission

It is a rural water associaton that provides water to rural claiborne county Mississippi.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $479,929

Investment Income $744

Other Revenue $0

TOTAL REVENUE $480,673

Expense Breakdown

Grants Paid $0

Salaries & Benefits $165,139

Fundraising Expenses $0

Program Expenses $597,291

Other Expenses $444,235

TOTAL EXPENSES $609,374

Year-over-Year Comparison

	2023	2022	Change
Revenue	$480,673	N/A	N/A
Expenses	$609,374	N/A	N/A
Net Income	$-128,701	N/A	N/A

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
Robert Smith	Board Member	1.00	Director	$0	$0	$0
Early Wren Jr	Board Member	1.00	Director	$0	$0	$0
Reed	Boad Member	1.00	Director	$0	$0	$0
Clara Wells	Board Member	1.00	Director	$0	$0	$0
Delores Barnes	President	5.00	Officer	$0	$0	$0
Pat Beardon	Vice President	1.00	Officer	$0	$0	$0
Annie Odom	Secretary Treasurer	1.00	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	$480,673	$609,374	$1,669,516	$-128,701
2024	$480,673	$609,374	$1,669,516	$-128,701
2023	$492,418	$587,583	$2,063,752	$-95,165
2022	$550,871	$574,577	$1,988,672	$-23,706
2021	$514,419	$512,915	$2,049,736	$1,504
2020	$566,485	$418,137	$2,113,192	$148,348
2019	$521,468	$436,944	$2,049,320	$84,524

Pattison Community Water Assn Inc