VIXEN WATER SYSTEM INC

EIN: 721133535 Public & Societal Benefit

Columbia, LA

Total Revenue
$215,716
Total Expenses
$301,582
Total Assets
$3,002,432
Net Assets
$2,075,135
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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
HOYT MCCORMICK
Phone
3184139656
Tax Period
2024-01-01 to 2024-12-31

VIXEN WATER SYSTEM INC, founded in 1982, is a small nonprofit in the Public & Societal Benefit sector that reported $216K in total revenue in fiscal year 2024. Expenses of $302K exceeded revenue, resulting in a 40% operating deficit.

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 $37,827
Program Service Revenue $177,127
Investment Income $762
Other Revenue $0
TOTAL REVENUE $215,716

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $286,604
Other Expenses $301,582
TOTAL EXPENSES $301,582

Year-over-Year Comparison

2024 2023 Change
Revenue $215,716 $200,132 +0.1%
Expenses $301,582 $297,075 +0.0%
Net Income $-85,866 $-96,943 -0.1%
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
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS BILBRO DIRECTOR 0.00
Director
$0 $0 $0
JAMES GREEN DIRECTOR 0.00
Director
$0 $0 $0
CHERYL GIROD VicePresident 0.00
Officer Director
$0 $0 $0
HOYT MCCORMICK PRESIDENT 0.00
Officer Director
$0 $0 $0
KYLE CHRISTY 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 $215,716 $301,582 $3,002,432 $-85,866
2023 $200,132 $297,075 $3,109,106 $-96,943
2022 $174,825 $250,299 $3,226,666 $-75,474
2021 $365,920 $216,689 $3,318,915 $149,231
2020 $2,187,340 $156,172 $3,305,199 $2,031,168
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