Sardis Water System Inc

EIN: 720996710 Environment

Harrisonburg, LA

Total Revenue
$300,358
Total Expenses
$247,991
Total Assets
$826,017
Net Assets
$466,685
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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
Rickie Silmon
Phone
3187440308
Tax Period
2024-01-01 to 2024-12-31

Sardis Water System Inc, founded in 1978, is a small nonprofit in the Environment sector that reported $300K in total revenue in fiscal year 2024. The organization ran a surplus of $52K, a strong 17% operating margin.

Mission

Provide water service to members

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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 $297,667
Investment Income $2,691
Other Revenue $0
TOTAL REVENUE $300,358

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $234,327
Other Expenses $247,991
TOTAL EXPENSES $247,991

Year-over-Year Comparison

2024 2023 Change
Revenue $300,358 $290,479 +0.0%
Expenses $247,991 $206,646 +0.2%
Net Income $52,367 $83,833 -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

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Governance

Voting Members
4
Independent Members
4
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICKIE SILMON President 0.00
Officer Director
$0 $0 $0
KATHY HARRISON VicePresident 0.00
Officer Director
$0 $0 $0
SHARRON REED Secretary 0.00
Officer Director
$0 $0 $0
JIMMY GRIER Director 0.00
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 $300,358 $247,991 $826,017 $52,367
2023 $290,479 $206,646 $784,016 $83,833
2022 $273,362 $203,433 $712,979 $69,929
2021 $269,841 $215,644 $711,757 $54,197
2020 $283,083 $208,767 $617,846 $74,316
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