PAYNES WATER ASSOCIATION INC

EIN: 640629559 Mutual Benefit

CHARLESTON, MS

Total Revenue
$92,428
Total Expenses
$113,038
Total Assets
$779,932
Net Assets
$517,387
🔒

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
Thadius Roberts
Phone
6626472199
Tax Period
2023-07-01 to 2024-06-30

PAYNES WATER ASSOCIATION INC, founded in 1965, is a micro nonprofit in the Mutual Benefit sector that reported $92K in total revenue in fiscal year 2023. Expenses of $113K exceeded revenue, resulting in a 22% operating deficit.

Mission

RURAL WATER ASSOCIATION

🔒

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 $600
Program Service Revenue $91,672
Investment Income $156
Other Revenue $0
TOTAL REVENUE $92,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,824
Fundraising Expenses $0
Other Expenses $107,214
TOTAL EXPENSES $113,038

Year-over-Year Comparison

2023 2022 Change
Revenue $92,428 $93,740 0.0%
Expenses $113,038 $108,181 +0.0%
Net Income $-20,610 $-14,441 +0.4%
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
5
Independent Members
5
Employees
5400
Volunteers
10

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
1
$0
Key Employees
1
$5,400
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THADDIUS ROBERTS PRESIDENT 1.00
Officer
$0 $0 $0
SANDY FINK SEC-TREASURER 1.00
Officer
$0 $0 $0
DEBBIE TRIBBLE VICE PRESIDENT 1.00
Officer
$0 $0 $0
MEGAN COX METER READER 10.00
Key Emp
$5,400 $0 $5,400
HENRY BROOKS DIRECTOR 1.00
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 No data No data No data No data
2024 $92,428 $113,038 $779,932 $-20,610
2023 $93,740 $108,181 $808,017 $-14,441
2022 $83,257 $118,409 $830,592 $-35,152
2021 $92,053 $115,110 $878,431 $-23,057
2020 $94,344 $112,950 $919,540 $-18,606
2019 $80,129 $110,783 $956,585 $-30,654
Explore More Nonprofits
→Top 100 Nonprofits in Mississippi →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PAYNES WATER ASSOCIATION INC 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.