COONTAIL WATER ASSOCIATION INC (EIN 646037815) - Form 990 Financial Analysis & Trantor Score

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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

1966

Legal Domicile

Principal Officer

ROBERT THOMPSON

Phone

6628135114

Tax Period

2024-05-01 to 2025-04-30

COONTAIL WATER ASSOCIATION INC, founded in 1966, is a small nonprofit that reported $211K in total revenue in fiscal year 2024. Expenses of $249K exceeded revenue, resulting in a 18% operating deficit.

Mission

COONTAIL WATER ASSOCIATION,INC. WAS FORMED IN 1966 TO SUPPLY WATER TO CUSTOMERS IN RURAL MONROE COUNTY, MISSISSIPPI; THE WATER ASSOCIATION SERVED APPROXIMATELY 440CUSTOMERS AT FISCAL YEAR END;

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $203,652

Investment Income $7,254

Other Revenue $0

TOTAL REVENUE $210,906

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $249,276

Other Expenses $249,276

TOTAL EXPENSES $249,276

Year-over-Year Comparison

	2024	2023	Change
Revenue	$210,906	$210,031	+0.0%
Expenses	$249,276	$232,639	+0.1%
Net Income	$-38,370	$-22,608	+0.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DAVID BOURLAND	Vice President	Officer Director	$0	$0	$0
ROBERT THOMPSON	President	Officer Director	$0	$0	$0
PENNY FAIR	SEC/TREAS	Officer Director	$0	$0	$0
JAMES HOWELL	Director	Director	$0	$0	$0
BILLY RAY ROWELL	Director	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	$210,906	$249,276	$1,197,802	$-38,370
2024	$210,031	$232,639	$1,270,964	$-22,608
2023	$207,386	$257,535	$1,323,969	$-50,149
2022	$205,069	$230,579	$1,406,302	$-25,510
2021	$206,117	$210,386	$1,455,827	$-4,269
2020	$197,886	$226,357	$1,488,345	$-28,471
2019	$183,489	$222,036	$1,537,540	$-38,547

COONTAIL WATER ASSOCIATION INC