SOUTH QUITMAN COUNTY UTILITIES

🔒

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

1975

Legal Domicile

Principal Officer

Jerry Roy

Phone

6626472199

Tax Period

2025-01-01 to 2025-12-31

SOUTH QUITMAN COUNTY UTILITIES, founded in 1975, is a small nonprofit that reported $218K in total revenue in fiscal year 2025. Net assets of $539K represent 30 months of operating reserves.

Mission

RURAL WATER ASSOCIATION

Program Service Accomplishments

Program 1

FURNISH LOW COST WATER TO RURAL AREA. WITHOUT THIS WATER SYSTEM RURAL USERS WOULD HAVE TO OBTAIN THEIR OWN WELL, WHICH WOULD BE VERY COSTLY AND GIVE RISE TO HEALTH CONCERNS.

Program 2

THIS WATER SYSTEM IS LOCATED IN ONE OF THE POOREST REGIONS OF THE UNITED STATES.

🔒

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 $700

Program Service Revenue $216,273

Investment Income $714

Other Revenue $0

TOTAL REVENUE $217,687

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,158

Fundraising Expenses $0

Other Expenses $202,714

TOTAL EXPENSES $223,872

Year-over-Year Comparison

	2025	2024	Change
Revenue	$217,687	$215,952	+0.0%
Expenses	$223,872	$202,529	+0.1%
Net Income	$-6,185	$13,423	-1.5%

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

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

$7,920

Total Directors

Key Employees

$12,185

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY ROY	PRESIDENT	0.00	Officer	$3,300	$0	$3,300
COY BLAND	VICE PRESIDENT	20.00	Officer	$4,620	$0	$4,620
WILLIAM R JONES	METER READER	20.00	Key Emp	$12,185	$0	$12,185
HAROLD ELLIS	DIRECTOR	0.00	Director	$0	$0	$0
JEREMY MOORE	SECRETARY	0.00	Officer	$0	$0	$0
KELLEN CORBIN	DIRECTOR	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
2025	$217,687	$223,872	$1,491,266	$-6,185
2024	No data	No data	No data	No data
2023	$222,222	$202,911	$1,525,672	$19,311
2022	$201,869	$224,415	$1,526,291	$-22,546
2021	$215,708	$262,458	$1,568,592	$-46,750
2020	$196,917	$207,000	$1,638,974	$-10,083
2019	$249,810	$184,223	$1,668,441	$65,587
2018	$550,983	$190,792	$1,632,046	$360,191