BAYOU PIERRE WATER SYSTEM INC (EIN 720781045) - 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

1972

Legal Domicile

Principal Officer

BILL WALTMAN

Phone

3187974813

Tax Period

2023-07-01 to 2024-06-30

BAYOU PIERRE WATER SYSTEM INC, founded in 1972, is a small nonprofit in the Public & Societal Benefit sector that reported $176K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $244K exceeded revenue, resulting in a 39% operating deficit.

Mission

TO PROVIDE WATER TO APPROXIMATELY 457 RESIDENCES IN RURAL RED RIVER AND DESOTO PARISHES IN NORTHWEST LOUISIANA SINCE 1972

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $173,702

Investment Income $1,817

Other Revenue $0

TOTAL REVENUE $175,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $243,837

TOTAL EXPENSES $243,837

Year-over-Year Comparison

	2023	2022	Change
Revenue	$175,519	$202,880	-0.1%
Expenses	$243,837	$220,183	+0.1%
Net Income	$-68,318	$-17,303	+2.9%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL WALTMAN	PRESIDENT	N/A	Officer	$0	$0	$0
LOYD DODSON	BOARD MEMBER	N/A	Director	$0	$0	$0
TEAL CARPENTER	BOARD MEMBER	N/A	Director	$0	$0	$0
VIRGINIA WEBB	BOARD MEMBER	N/A	Director	$0	$0	$0
LINDY WALTMAN	SECRETARY	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
2024	$175,519	$243,837	$603,083	$-68,318
2023	$202,880	$220,183	$676,603	$-17,303
2022	$196,390	$279,259	$700,890	$-82,869
2021	$210,109	$191,420	$782,972	$18,689
2020	$270,904	$226,129	$769,004	$44,775
2019	$193,091	$198,274	$815,917	$-5,183
2018	$195,653	$217,624	$739,565	$-21,971

BAYOU PIERRE WATER SYSTEM INC