NORTH DESOTO WATER SYSTEM INC (EIN 720827807) - 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

1979

Legal Domicile

Principal Officer

RANDY RODGERS

Phone

3189252940

Tax Period

2024-01-01 to 2024-12-31

NORTH DESOTO WATER SYSTEM INC, founded in 1979, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $254K, a strong 19% operating margin.

Mission

PROVIDE WATER TO RURAL COMMUNITY IN DESOTO PARISH IN NORTHWEST LOUISIANA

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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 (2024)

Revenue Breakdown

Contributions & Grants $35,000

Program Service Revenue $1,284,685

Investment Income $28,246

Other Revenue $2,332

TOTAL REVENUE $1,350,263

Expense Breakdown

Grants Paid $0

Salaries & Benefits $315,976

Fundraising Expenses $0

Program Expenses $1,096,069

Other Expenses $780,093

TOTAL EXPENSES $1,096,069

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,350,263	$1,191,201	+0.1%
Expenses	$1,096,069	$1,007,155	+0.1%
Net Income	$254,194	$184,046	+0.4%

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

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
STEVE CHANDLER	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
DON CROSSLIN	DIRECTOR	N/A	Director	$0	$0	$0
KIRK DICKSON	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
BUFORD HUFF	DIRECTOR	N/A	Director	$0	$0	$0
RANDY RODGERS	PRESIDENT	N/A	Officer 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	$1,350,263	$1,096,069	$5,197,062	$254,194
2023	$1,191,201	$1,007,155	$4,950,159	$184,046
2023	$1,191,201	$1,007,155	$4,950,159	$184,046
2022	$1,259,687	$971,669	$4,781,499	$288,018
2022	$1,259,687	$971,669	$4,781,499	$288,018
2021	$1,159,830	$857,361	$3,684,200	$302,469
2020	$1,157,714	$899,909	$3,404,600	$257,805
2019	$972,772	$876,191	$3,153,881	$96,581
2018	$1,001,727	$875,313	$3,157,245	$126,414

NORTH DESOTO WATER SYSTEM INC