HAMMOCK WATER SYSTEM

EIN: 720978850

HARRISONBURG, LA

Total Revenue
$221,205
Total Expenses
$218,672
Total Assets
$2,543,483
Net Assets
$855,647
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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
1978
Legal Domicile
LA
Principal Officer
JACK JOHNSON JR
Phone
3186593288
Tax Period
2024-01-01 to 2024-12-31

HAMMOCK WATER SYSTEM, founded in 1978, is a small nonprofit that reported $221K in total revenue in fiscal year 2024. Net assets of $856K represent 46 months of operating reserves.

Mission

PROVIDE SAFE DRINKING WATER TO THE COMMUNITY

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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 $0
Program Service Revenue $221,205
Investment Income $0
Other Revenue $0
TOTAL REVENUE $221,205

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $218,672
TOTAL EXPENSES $218,672

Year-over-Year Comparison

2024 2023 Change
Revenue $221,205 $219,386 +0.0%
Expenses $218,672 $253,959 -0.1%
Net Income $2,533 $-34,573 -1.1%
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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK JOHNSON JR PRESIDENT 1.00
Director
$0 $0 $0
ENNIS WALLACE VICE-PRESIDENT 1.00
Director
$0 $0 $0
LESTER BULLITT SECRETARY TREASURER 1.00
Director
$0 $0 $0
ROBERT DUKES BD. MEMBER 1.00
Director
$0 $0 $0
DONALD TOLBERT BD. MEMBER 1.00
Director
$0 $0 $0
JD WILLIAMS BD. MEMBER 1.00
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 $221,205 $218,672 $2,543,483 $2,533
2023 $219,386 $253,959 $2,578,615 $-34,573
2022 $453,886 $199,123 $2,627,072 $254,763
2021 $594,123 $128,505 $2,389,724 $465,618
2020 $198,703 $139,406 $761,733 $59,297
2019 $201,579 $118,696 $264,262 $82,883
2018 $180,109 $156,705 $52,456 $23,404
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