NEW CANDLER WATER ASSOCIATION INC (EIN 640562749) - 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

1967

Legal Domicile

Principal Officer

GREG DAVIS

Tax Period

2024-01-01 to 2024-12-31

NEW CANDLER WATER ASSOCIATION INC, founded in 1967, is a small nonprofit in the Public & Societal Benefit sector that reported $378K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 31% operating margin.

Mission

WATER SERVICE TO RURAL COMMUNITY

🔒

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 $104,500

Program Service Revenue $273,197

Investment Income $377

Other Revenue $2

TOTAL REVENUE $378,076

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,622

Fundraising Expenses $0

Program Expenses $229,196

Other Expenses $234,373

TOTAL EXPENSES $261,995

Year-over-Year Comparison

	2024	2023	Change
Revenue	$378,076	$252,662	+0.5%
Expenses	$261,995	$248,042	+0.1%
Net Income	$116,081	$4,620	+24.1%

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
JAMES BURCHAM	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
GREG DAVIS	PRESIDENT	N/A	Officer Director	$0	$0	$0
CHUCK LANDRY	SECRETARY TR	N/A	Officer Director	$0	$0	$0
MEKA MATTHEWS	DIRECTOR	N/A	Director	$0	$0	$0
TONY PACE	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
2024	$378,076	$261,995	$1,301,060	$116,081
2023	$252,662	$248,042	$1,211,608	$4,620
2022	$247,773	$206,020	$947,031	$41,753
2021	$225,463	$203,935	$925,139	$21,528

NEW CANDLER WATER ASSOCIATION INC