WALKER SWITCH WATER ASSOCIATION

EIN: 640756066

IUKA, MS

Total Revenue
$632,072
Total Expenses
$198,203
Total Assets
$796,519
Net Assets
$773,641
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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

Legal Domicile
MS
Principal Officer
MIKE ORTNER
Phone
6624240017
Tax Period
2023-07-01 to 2024-06-30

WALKER SWITCH WATER ASSOCIATION is a small nonprofit that reported $632K in total revenue in fiscal year 2023. Revenue surged 199% from the prior year, signaling strong growth momentum. The organization ran a surplus of $434K, a strong 69% operating margin.

Mission

RURAL WATER SYSTEM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $428,024
Program Service Revenue $203,439
Investment Income $609
Other Revenue $0
TOTAL REVENUE $632,072

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,633
Fundraising Expenses $0
Other Expenses $183,570
TOTAL EXPENSES $198,203

Year-over-Year Comparison

2023 2022 Change
Revenue $632,072 $211,509 +2.0%
Expenses $198,203 $183,321 +0.1%
Net Income $433,869 $28,188 +14.4%
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
5
Independent Members
5
Employees
1
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOBBY GIST DIRECTOR 1.00
Director
$0 $0 $0
DUSTIN LAMBERT DIRECTOR 1.00
Director
$0 $0 $0
MIKE ORTNER PRESIDENT 1.00
Director
$0 $0 $0
ADAM WYER VICE PRESIDE 1.00
Director
$0 $0 $0
GEORGE YOW SECRETARY TR 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 $632,072 $198,203 $796,519 $433,869
2023 $211,509 $183,321 $356,507 $28,188
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