RAMBIN-WALLACE WATER SYSTEM INC

EIN: 720745259

PELICAN, LA

Total Revenue
$348,667
Total Expenses
$343,139
Total Assets
$751,895
Net Assets
$69,944
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
LA
Principal Officer
J HUGH JOYNER
Phone
3187552446
Tax Period
2024-07-01 to 2025-06-30

RAMBIN-WALLACE WATER SYSTEM INC, founded in 1971, is a small nonprofit that reported $349K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE WATER TO RURAL COMMUNITY IN DESOTO PARISH IN NORTHWEST LOUISIANA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $74,685
Program Service Revenue $273,925
Investment Income $57
Other Revenue $0
TOTAL REVENUE $348,667

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,917
Fundraising Expenses $0
Other Expenses $313,222
TOTAL EXPENSES $343,139

Year-over-Year Comparison

2024 2023 Change
Revenue $348,667 $259,822 +0.3%
Expenses $343,139 $337,257 +0.0%
Net Income $5,528 $-77,435 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE HAIRE PRESIDENT N/A
Director
$0 $0 $0
MARK HAIRE BOARD MEMBER N/A
Director
$0 $0 $0
J HUGH JOYNER SECRETARY-TR N/A
Director
$0 $0 $0
FRANCIS P LAFITTE VICE-PRESIDE 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 $348,667 $343,139 $751,895 $5,528
2024 $259,822 $350,424 $760,565 $-90,602
2023 $226,189 $268,842 $890,549 $-42,653
2022 $215,030 $354,157 $966,069 $-139,127
2021 $229,759 $252,475 $1,095,906 $-22,716
2020 $268,496 $194,425 $999,579 $74,071
2019 $259,527 $206,253 $677,414 $53,274
2017 $208,877 $218,324 $659,919 $-9,447
Explore More Nonprofits
→Top 100 Nonprofits in Louisiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare RAMBIN-WALLACE WATER SYSTEM INC with other nonprofits in Louisiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.