FOURTH WARD WATERWORKS ASSN INC (EIN 721158902) - Form 990 Financial Analysis & Trantor Score

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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

1969

Legal Domicile

Phone

2252099333

Tax Period

2024-01-01 to 2024-12-31

FOURTH WARD WATERWORKS ASSN INC, founded in 1969, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 74% operating margin.

Mission

PROVIDE WATER SERVICE

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,438,485

Program Service Revenue $704,037

Investment Income $24,238

Other Revenue $0

TOTAL REVENUE $2,166,760

Expense Breakdown

Grants Paid $0

Salaries & Benefits $233,089

Fundraising Expenses $0

Program Expenses $569,322

Other Expenses $336,233

TOTAL EXPENSES $569,322

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,166,760	$741,627	+1.9%
Expenses	$569,322	$545,220	+0.0%
Net Income	$1,597,438	$196,407	+7.1%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

$51,871

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH PURVIS	BOARD MEMBER	40.00	Director	$51,871	$0	$51,871
JODY PURVIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN SMITH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHANIE BANKSTON	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN MACK	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	$2,166,760	$569,322	$4,864,154	$1,597,438
2023	$741,627	$545,220	$3,360,648	$196,407
2022	$742,222	$571,893	$3,297,302	$170,329
2021	$692,246	$538,318	$3,211,031	$153,928
2020	$720,103	$554,987	$3,150,218	$165,116
2019	$569,615	$543,358	$3,080,612	$26,257
2018	$535,106	$524,278	$3,145,075	$10,828

FOURTH WARD WATERWORKS ASSN INC