DUFFEE WATER ASSOCIATION INC (EIN 640523216) - 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

Principal Officer

JEFF ALEXANDER

Phone

6019869911

Tax Period

2024-01-01 to 2024-12-31

DUFFEE WATER ASSOCIATION INC, founded in 1968, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $419K in total revenue in fiscal year 2024. Net assets of $893K represent 26 months of operating reserves.

Mission

DUFFEE WATER ASSOCIATION, INC. IS A RURAL WATER ASSOCIATION PROVIDING WATER TO CUSTOMERS IN A RURAL AREA IN LITTLE ROCK, 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $390,566

Investment Income $27,624

Other Revenue $782

TOTAL REVENUE $418,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,646

Fundraising Expenses $0

Program Expenses $369,624

Other Expenses $322,393

TOTAL EXPENSES $422,039

Year-over-Year Comparison

	2024	2023	Change
Revenue	$418,972	$401,982	+0.0%
Expenses	$422,039	$402,521	+0.0%
Net Income	$-3,067	$-539	+4.7%

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

$35,885

Total Directors

$36,885

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF ALEXANDER	PRESIDENT	30.00	Officer Director	$34,885	$0	$34,885
CODY ANDERSON	VICE PRESIDE	3.00	Officer Director	$500	$0	$500
DAVID ANDERSON	SECRETARY	3.00	Officer Director	$500	$0	$500
ROBERT CRESS	DIRECTOR	3.00	Director	$500	$0	$500
STEVEN MOTES	DIRECTOR	3.00	Director	$500	$0	$500

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	$418,972	$422,039	$2,803,725	$-3,067
2023	$401,982	$402,521	$2,899,779	$-539
2022	$377,488	$390,331	$2,991,464	$-12,843
2021	$371,194	$377,894	$3,101,669	$-6,700
2020	$385,975	$357,059	$3,175,172	$28,916
2019	$357,110	$357,954	$3,213,085	$-844
2018	$468,886	$357,149	$3,321,194	$111,737

DUFFEE WATER ASSOCIATION INC