HOLUM WATER SYSTEM INC (EIN 720997614) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

EDWARD MALCOMB

Phone

3186495575

Tax Period

2024-01-01 to 2024-12-31

HOLUM WATER SYSTEM INC, founded in 1970, is a small nonprofit in the Mutual Benefit sector that reported $303K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $69K, a strong 23% operating margin.

Mission

PROVIDING SAFE DRINKING WATER TO THE COMMUNITY OF HOLUM, LOUISIANA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $302,789

Investment Income $0

Other Revenue $0

TOTAL REVENUE $302,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,694

Fundraising Expenses $0

Program Expenses $233,539

Other Expenses $218,845

TOTAL EXPENSES $233,539

Year-over-Year Comparison

	2024	2023	Change
Revenue	$302,789	$431,040	-0.3%
Expenses	$233,539	$237,340	0.0%
Net Income	$69,250	$193,700	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
EDWARD MALCOMB	PRESIDENT	2.00	Director	$0	$0	$0
STEVE JOYNER	VICE PRESIDENT	2.00	Director	$0	$0	$0
CARL CALHOUN	BOARD MEMBER	2.00	Director	$0	$0	$0
TOMMY CRAIN	BOARD MEMBER	2.00	Director	$0	$0	$0
AMY FLETCHER	SECRETARY	2.00	Director	$0	$0	$0
ANN BRADDOCK	SECRETARY	8.00	Key Emp	$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	$302,789	$233,539	$2,020,498	$69,250
2023	$431,040	$237,340	$1,980,956	$193,700
2022	$213,374	$217,457	$1,995,022	$-4,083
2021	$215,201	$216,701	$2,072,280	$-1,500
2020	$175,685	$193,058	$1,499,333	$-17,373
2019	$157,868	$183,442	$1,451,095	$-25,574
2018	$157,342	$204,382	$1,483,670	$-47,040

HOLUM WATER SYSTEM INC