TENSAS WATER DISTRIBUTION ASSOC INC

EIN: 720946855

SAINT JOSEPH, LA

Total Revenue
$7,391,549
Total Expenses
$1,482,577
Total Assets
$13,422,248
Net Assets
$11,456,179
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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
1982
Legal Domicile
LA
Principal Officer
MIKE THOMPSON
Phone
3187663285
Tax Period
2024-07-01 to 2025-06-30

TENSAS WATER DISTRIBUTION ASSOC INC, founded in 1982, is a community nonprofit that reported $7.4M in total revenue in fiscal year 2024. The organization ran a surplus of $5.9M, a strong 80% operating margin.

Mission

WATER SERVICE

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,784,935
Program Service Revenue $1,581,924
Investment Income $19,303
Other Revenue $5,387
TOTAL REVENUE $7,391,549

Expense Breakdown

Grants Paid $0
Salaries & Benefits $365,743
Fundraising Expenses $0
Other Expenses $1,116,834
TOTAL EXPENSES $1,482,577

Year-over-Year Comparison

2024 2023 Change
Revenue $7,391,549 N/A N/A
Expenses $1,482,577 N/A N/A
Net Income $5,908,972 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
9
Independent Members
N/A
Employees
14
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE THOMPSON PRESIDENT N/A
$0 $0 $0
KELLON LEE VICE-PRESIDENT N/A
$0 $0 $0
JUSTING CURRINTON BOARD MEMBER N/A
$0 $0 $0
BEN BLACKMON BOARD MEMBER N/A
$0 $0 $0
DALE VINSON BOARD MEMBER N/A
$0 $0 $0
BRAD DAVIS BOARD MEMBER N/A
$0 $0 $0
KEITH SMITH BOARD MEMBER N/A
$0 $0 $0
BOB WALTON BOARD MEMBER N/A
$0 $0 $0
WYNN BLANCHE BOARD MEMBER N/A
$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 $7,391,549 $1,482,577 $13,422,248 $5,908,972
2024 No data No data No data No data
2022 $1,096,174 $1,227,685 $7,484,690 $-131,511
2021 $1,001,310 $1,073,928 $7,686,843 $-72,618
2020 $973,421 $1,100,320 $7,819,584 $-126,899
2019 $909,050 $937,813 $7,933,407 $-28,763
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