Selma Water Association

EIN: 710588888

Monticello, AR

Total Revenue
$836,716
Total Expenses
$205,898
Total Assets
$746,464
Net Assets
$725,116
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
AR
Principal Officer
President
Phone
8703770765
Tax Period
2023-01-01 to 2023-12-31

Selma Water Association, founded in 1987, is a small nonprofit that reported $837K in total revenue in fiscal year 2023. The organization ran a surplus of $631K, a strong 75% operating margin.

Mission

Provide rural 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 (2023)

Revenue Breakdown

Contributions & Grants $656,850
Program Service Revenue $178,401
Investment Income $1,465
Other Revenue $0
TOTAL REVENUE $836,716

Expense Breakdown

Grants Paid $0
Salaries & Benefits $46,842
Fundraising Expenses $0
Other Expenses $159,056
TOTAL EXPENSES $205,898

Year-over-Year Comparison

2023 2022 Change
Revenue $836,716 N/A N/A
Expenses $205,898 N/A N/A
Net Income $630,818 N/A 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

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
4
Independent Members
N/A
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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leonard Burks Director 0.00
Director
$0 $0 $0
Gerald Wright President 0.00
Officer
$0 $0 $0
Samuel Leonard Vice President 0.00
Officer
$0 $0 $0
Bob Burns Secretary 0.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $836,716 $205,898 $746,464 $630,818
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