THOMASTOWN COMMUNITY WATER ASSN

EIN: 640574896

Thomastown, MS

Total Revenue
$135,633
Total Expenses
$168,765
Total Assets
$1,040,065
Net Assets
$537,333
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
MS
Principal Officer
Randy Triplett
Phone
7692748193
Tax Period
2023-01-01 to 2023-12-31

THOMASTOWN COMMUNITY WATER ASSN, founded in 1965, is a small nonprofit that reported $136K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $169K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE DRINKING WATER TO RURAL LEAKE 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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $129,263
Investment Income $3,272
Other Revenue $3,098
TOTAL REVENUE $135,633

Expense Breakdown

Grants Paid $0
Salaries & Benefits $34,909
Fundraising Expenses $0
Other Expenses $133,856
TOTAL EXPENSES $168,765

Year-over-Year Comparison

2023 2022 Change
Revenue $135,633 $145,785 -0.1%
Expenses $168,765 $163,109 +0.0%
Net Income $-33,132 $-17,324 +0.9%
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

Sign In

Governance

Voting Members
340
Independent Members
340
Employees
2
Volunteers
3

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY TRIPLETT PRESIDENT 0.00
Director
$0 $0 $0
MICHAEL ELLINGTON Vice President 0.00
Director
$0 $0 $0
YVONNE ELLIS BOARD MEMBER 0.00
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
2024 No data No data No data No data
2023 $135,633 $168,765 $1,040,065 $-33,132
2022 $145,785 $163,109 $1,087,652 $-17,324
2021 $138,544 $158,643 $1,116,740 $-20,099
2020 $136,282 $165,789 $1,146,510 $-29,507
2019 $133,070 $165,168 $1,159,577 $-32,098
2018 $132,977 $158,770 $1,208,238 $-25,793
Explore More Nonprofits
→Top 100 Nonprofits in Mississippi →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THOMASTOWN COMMUNITY WATER ASSN with other nonprofits in Mississippi and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.