SOUTH DESOTO WATER SYSTEM INC

EIN: 721080836

CONVERSE, LA

Total Revenue
$159,229
Total Expenses
$165,317
Total Assets
$1,015,900
Net Assets
$873,792
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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
1988
Legal Domicile
LA
Principal Officer
STEVE CONFAIR
Phone
3188724065
Tax Period
2023-01-01 to 2023-12-31

SOUTH DESOTO WATER SYSTEM INC, founded in 1988, is a small nonprofit that reported $159K in total revenue in fiscal year 2023. Net assets of $874K represent 66 months of operating reserves.

Mission

TO PROVIDE WATER SERVICES TO ITS 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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $159,196
Investment Income $33
Other Revenue $0
TOTAL REVENUE $159,229

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $148,861
Other Expenses $165,317
TOTAL EXPENSES $165,317

Year-over-Year Comparison

2023 2022 Change
Revenue $159,229 $154,521 +0.0%
Expenses $165,317 $184,775 -0.1%
Net Income $-6,088 $-30,254 -0.8%
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
5
Independent Members
5
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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE CONFAIR PRESIDENT 1.00
Officer
$0 $0 $0
TERRY MARTIN VICE PRESIDENT 1.00
Officer
$0 $0 $0
ROGER WHITLOCK SECRETARY 1.00
Officer
$0 $0 $0
JEFFREY HEARD BOARD MEMBER 1.00
Director
$0 $0 $0
TOMMY HALL BOARD 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 No data No data No data No data
2023 $159,229 $165,317 $1,015,900 $-6,088
2022 $154,521 $184,775 $1,048,566 $-30,254
2021 $138,415 $158,869 $1,064,185 $-20,454
2020 $139,827 $131,685 $1,098,104 $8,142
2019 $155,763 $133,873 $1,108,056 $21,890
2018 $143,297 $148,725 $1,105,850 $-5,428
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