WEST LAMAR WATER ASSOCIATION (EIN 640540840) - 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

1971

Principal Officer

REGGIE RIDGWAY

Phone

6012646305

Tax Period

2025-01-01 to 2025-12-31

WEST LAMAR WATER ASSOCIATION, founded in 1971, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2025. The organization ran a surplus of $929K, a strong 33% operating margin.

Mission

TO PROVIDE WATER SERVICES TO ITS CUSTOMERS IN WEST LAMAR COUNTY, MISSISSIPPI

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,670,779

Investment Income $168,315

Other Revenue $5,005

TOTAL REVENUE $2,844,099

Expense Breakdown

Grants Paid $0

Salaries & Benefits $473,471

Fundraising Expenses $0

Other Expenses $1,441,511

TOTAL EXPENSES $1,914,982

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,844,099	$2,844,510	0.0%
Expenses	$1,914,982	$1,874,045	+0.0%
Net Income	$929,117	$970,465	0.0%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLYN BAREFOOT	DIRECTOR	1.00	Director	$0	$0	$0
DONNA BRACKMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
PHIL HANBERRY	DIRECTOR	1.00	Director	$0	$0	$0
JON MARK HERRINGTON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KENT BASS JR	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
PATRICK KELLY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LIPPINCOTT	DIRECTOR	1.00	Director	$0	$0	$0
JOEY NEWSOM	DIRECTOR	1.00	Director	$0	$0	$0
REGGIE RIDGWAY	PRESIDENT	1.00	Officer Director	$0	$0	$0
DANIEL RILEY	DIRECTOR	1.00	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	$2,844,099	$1,914,982	$11,496,870	$929,117
2024	$2,844,510	$1,874,045	$10,552,331	$970,465
2023	$2,615,944	$1,950,980	$9,564,586	$664,964
2022	$2,237,984	$1,750,884	$8,915,155	$487,100
2021	$2,149,808	$1,749,983	$8,435,012	$399,825
2020	$2,208,768	$1,712,736	$8,054,044	$496,032
2019	$2,140,147	$1,746,675	$7,504,063	$393,472
2018	$2,088,509	$1,780,481	$7,198,969	$308,028

WEST LAMAR WATER ASSOCIATION