SOUTH TERRY WATER ASSOCIATION INC

EIN: 640720889 Unknown

TERRY, MS

Total Revenue
$330,466
Total Expenses
$133,827
Total Assets
$652,768
Net Assets
$621,794
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
MS
Principal Officer
JAMES GREEN
Phone
6018785308
Tax Period
2024-07-01 to 2025-06-30

SOUTH TERRY WATER ASSOCIATION INC, founded in 1966, is a small nonprofit in the Unknown sector that reported $330K in total revenue in fiscal year 2024. The organization ran a surplus of $197K, a strong 60% operating margin.

Mission

SOUTH TERRY WATER ASSOCIATION'S PURPOSE IS TO PROVIDE WATER SERVICES FOR THE RURAL AREA SURROUNDING TERRY, HINDS COUNTY, MISSISSIPPI.

Program Service Accomplishments

Program 1

WATER SERVICES TO RURAL AREA OF TERRY, HINDS COUNTY, MISSISSIPPI. FOR 2024, THE SOUTH TERRY WATER ASSOCIATION SERVED 218 MEMBERS.

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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 $207,388
Program Service Revenue $114,021
Investment Income $8,957
Other Revenue $100
TOTAL REVENUE $330,466

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,600
Fundraising Expenses $0
Other Expenses $118,227
TOTAL EXPENSES $133,827

Year-over-Year Comparison

2024 2023 Change
Revenue $330,466 N/A N/A
Expenses $133,827 N/A N/A
Net Income $196,639 $0 N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
7

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
$15,600
Total Directors
8
$15,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES GREEN PRESIDENT 1.00
Officer Director
$0 $0 $0
WAVA PETERS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SYLVIA MCDAVID SEC/ TREASURER 1.00
Officer Director
$15,600 $0 $15,600
TONYA TATE DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA JOINER DIRECTOR 1.00
Director
$0 $0 $0
KATHY HEARN DIRECTOR 1.00
Director
$0 $0 $0
GAY PRICE DIRECTOR 1.00
Director
$0 $0 $0
JARVIS THOMPSON 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 $330,466 $133,827 $652,768 $196,639
2021 $113,741 $115,984 $477,132 $-2,243
2020 $109,638 $103,237 $480,075 $6,401
2019 $113,345 $107,688 $473,667 $5,657
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