CENTER RIDGE WATER ASSOCIATION

EIN: 640588905 Human Services

RALEIGH, MS

Total Revenue
$412,079
Total Expenses
$331,082
Total Assets
$702,533
Net Assets
$541,132
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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
1968
Legal Domicile
MS
Phone
6017824321
Tax Period
2024-07-01 to 2025-06-30

CENTER RIDGE WATER ASSOCIATION, founded in 1968, is a small nonprofit in the Human Services sector that reported $412K in total revenue in fiscal year 2024. The organization ran a surplus of $81K, a strong 20% operating margin.

Mission

TO PROVIDE UTILITY TO THE COMMUNITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $391,506
Investment Income $2,691
Other Revenue $17,882
TOTAL REVENUE $412,079

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,124
Fundraising Expenses $0
Program Expenses $331,082
Other Expenses $301,958
TOTAL EXPENSES $331,082

Year-over-Year Comparison

2024 2023 Change
Revenue $412,079 $384,891 +0.1%
Expenses $331,082 $381,143 -0.1%
Net Income $80,997 $3,748 +20.6%
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
6
Independent Members
N/A
Employees
2
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA MIDDLETON SECRETARY 35.00
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 $412,079 $331,082 $702,533 $80,997
2024 $384,891 $381,143 $641,843 $3,748
2023 $357,940 $491,512 $650,787 $-133,572
2022 $363,821 $276,139 $808,370 $87,682
2021 $360,943 $351,374 $743,498 $9,569
2020 $346,109 $356,284 $758,022 $-10,175
2019 $321,422 $342,926 $827,787 $-21,504
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