FMH WATER ASSOCIATION INC (EIN 640521958) - 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

1972

Legal Domicile

Principal Officer

BOBBY KIRK

Phone

6628873735

Tax Period

2024-10-01 to 2025-09-30

FMH WATER ASSOCIATION INC, founded in 1972, is a small nonprofit in the Mutual Benefit sector that reported $496K in total revenue in fiscal year 2024. Expenses of $546K exceeded revenue, resulting in a 10% operating deficit.

Mission

RURAL WATER PROVIDER

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $875

Program Service Revenue $437,363

Investment Income $57,627

Other Revenue $0

TOTAL REVENUE $495,865

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $546,028

Other Expenses $546,028

TOTAL EXPENSES $546,028

Year-over-Year Comparison

	2024	2023	Change
Revenue	$495,865	$493,990	+0.0%
Expenses	$546,028	$490,892	+0.1%
Net Income	$-50,163	$3,098	-17.2%

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

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
PATRICK FREE	DIRECTOR	N/A	Director	$0	$0	$0
BOBBY KIRK	PRESIDENT	N/A	Director	$0	$0	$0
HULBERT LIPE	VICE PRES	N/A	Director	$0	$0	$0
LAWRENCE LONG	SEC-TREAS	N/A	Officer Director	$0	$0	$0
EVELYN ROUGHTON	DIRECTOR	N/A	Director	$0	$0	$0
SHAMEKA SMITH	DIRECTOR	N/A	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	$495,865	$546,028	$2,719,817	$-50,163
2024	$493,990	$490,892	$2,858,005	$3,098
2023	$450,211	$441,040	$2,798,491	$9,171
2022	$402,798	$417,611	$2,815,127	$-14,813
2021	$415,907	$435,919	$2,851,706	$-20,012
2020	$419,028	$405,880	$2,878,271	$13,148

FMH WATER ASSOCIATION INC