SOUTH SHERIDAN WATER ASSOCIATION IN

EIN: 710439449

SHERIDAN, AR

Total Revenue
$1,071,282
Total Expenses
$873,788
Total Assets
$3,413,049
Net Assets
$1,872,579
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1970
Principal Officer
RUSTY HAWKINS
Phone
8709425616
Tax Period
2024-07-01 to 2025-06-30

SOUTH SHERIDAN WATER ASSOCIATION IN, founded in 1970, is a small nonprofit that reported $685K in total revenue in fiscal year 2018. Expenses of $640K left a modest 7% surplus.

Mission

PROVIDE WATER UTILITIES TO RURAL CUSTOMERS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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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 $977,754
Investment Income $7,077
Other Revenue $86,451
TOTAL REVENUE $1,071,282

Expense Breakdown

Grants Paid $0
Salaries & Benefits $240,436
Fundraising Expenses $0
Other Expenses $633,352
TOTAL EXPENSES $873,788

Year-over-Year Comparison

2024 2023 Change
Revenue $1,071,282 $995,893 +0.1%
Expenses $873,788 $782,121 +0.1%
Net Income $197,494 $213,772 -0.1%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
6
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY EMBERTON DIRECTOR N/A
Officer Director
$0 $0 $0
RUSTY HAWKINS PRESIDENT N/A
Officer Director
$0 $0 $0
DAVID JONES VICE PRESIDE N/A
Officer Director
$0 $0 $0
GLENDA LISENBY DIRECTOR N/A
Director
$0 $0 $0
BARBARA LOFTIS DIRECTOR N/A
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 $1,071,282 $873,788 $3,413,049 $197,494
2024 $995,893 $782,121 $3,333,782 $213,772
2023 $901,005 $823,137 $3,224,547 $77,868
2022 $870,426 $852,534 $3,247,164 $17,892
2021 $839,224 $827,562 $3,326,217 $11,662
2020 $733,929 $706,309 $2,968,587 $27,620
2019 $685,158 $640,300 $2,985,486 $44,858
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