HOTOPHIA WATER ASSOCIATION INC

EIN: 640563420

BATESVILLE, MS

Total Revenue
$307,992
Total Expenses
$263,644
Total Assets
$1,583,184
Net Assets
$937,066
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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
1971
Legal Domicile
MS
Principal Officer
ROY GIRNER
Phone
6625637867
Tax Period
2023-07-01 to 2024-06-30

HOTOPHIA WATER ASSOCIATION INC, founded in 1971, is a small nonprofit that reported $308K in total revenue in fiscal year 2023. Expenses of $264K left a modest 14% surplus.

Mission

TO PROVIDE WATER SERVICE TO RURAL AREAS

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $291,837
Investment Income $16,155
Other Revenue $0
TOTAL REVENUE $307,992

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,042
Fundraising Expenses $0
Other Expenses $247,602
TOTAL EXPENSES $263,644

Year-over-Year Comparison

2023 2022 Change
Revenue $307,992 $298,760 +0.0%
Expenses $263,644 $244,045 +0.1%
Net Income $44,348 $54,715 -0.2%
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

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Governance

Voting Members
500
Independent Members
500
Employees
4
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD BUTLER DIRECTOR N/A
Director
$0 $0 $0
MARY HUDSON DIRECTOR N/A
Director
$0 $0 $0
ROY GIRNER PRESIDENT N/A
Officer
$0 $0 $0
JOHNNY RUSSELL VICE PRESIDE N/A
Officer
$0 $0 $0
FRED WOMBLE SECRETARY/TR N/A
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
2025 No data No data No data No data
2024 $307,992 $263,644 $1,583,184 $44,348
2023 $298,760 $244,045 $1,599,435 $54,715
2022 $301,719 $251,880 $1,605,515 $49,839
2021 $274,766 $233,321 $1,616,756 $41,445
2020 $257,258 $213,599 $1,660,627 $43,659
2019 $248,745 $243,647 $1,683,170 $5,098
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