FORDYCE RURAL WATER ASSOCIATION INC

EIN: 710539818

FORDYCE, AR

Total Revenue
$357,543
Total Expenses
$241,815
Total Assets
$1,531,247
Net Assets
$1,474,597
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Principal Officer
JAMES GARNER
Tax Period
2025-01-01 to 2025-12-31

FORDYCE RURAL WATER ASSOCIATION INC is a small nonprofit that reported $248K in total revenue in fiscal year 2018. The organization ran a surplus of $46K, a strong 18% operating margin.

Mission

PROVIDE WATER UTLITILIES 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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $298,017
Investment Income $47,947
Other Revenue $11,579
TOTAL REVENUE $357,543

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $241,815
TOTAL EXPENSES $241,815

Year-over-Year Comparison

2025 2024 Change
Revenue $357,543 $318,007 +0.1%
Expenses $241,815 $203,695 +0.2%
Net Income $115,728 $114,312 +0.0%
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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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
6
Independent Members
6
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CODY SHANKLES TRUSTEE/DIRE N/A
Director
$0 $0 $0
MIKE TRAMMEL DIRECTOR N/A
Director
$0 $0 $0
TRAVIS WELLS DIRECTOR N/A
Director
$0 $0 $0
DONNY FORD VICE PRESIDE N/A
Officer
$0 $0 $0
JAMES GARNER PRESIDENT N/A
Officer
$0 $0 $0
ROBIN MILLER SECRETARY/TR N/A
Officer
$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 $357,543 $241,815 $1,531,247 $115,728
2024 $318,007 $203,695 $1,416,308 $114,312
2023 $287,848 $192,052 $1,301,274 $95,796
2022 $251,718 $188,488 $1,205,562 $63,230
2021 $261,251 $199,901 $1,142,153 $61,350
2020 $272,187 $193,291 $1,079,068 $78,896
2019 $297,766 $176,945 $997,962 $120,821
2018 $248,175 $202,461 $920,800 $45,714
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