WARD SIX WATER ASSOCIATION OF RAPIDES PARISH

EIN: 721196005

GLENMORA, LA

Total Revenue
N/A
Total Expenses
$48,977
Total Assets
$755,134
Net Assets
$230,975
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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
1994
Legal Domicile
LA
Principal Officer
GERALD RAY
Phone
3187487691
Tax Period
2024-01-01 to 2024-12-31

Mission

COMMUNITY WATER SYSTEM

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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 $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $48,977
TOTAL EXPENSES $48,977

Year-over-Year Comparison

2024 2023 Change
Revenue N/A $201,190 -1.0%
Expenses $48,977 $205,252 -0.8%
Net Income N/A $-4,062 N/A
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
451
Independent Members
451
Employees
N/A
Volunteers
5

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERALD RAY PRESIDENT 15.00
Officer
$0 $0 $0
JAMES D RODRIGUEZ VICE PRESIDENT 5.00
Officer
$0 $0 $0
HERBIE STANLEY BOARD MEMBER 5.00
Officer
$0 $0 $0
J B WILLIS BOARD MEMBER 5.00
Officer
$0 $0 $0
DARRELL HARRISON BOARD MEMBER 5.00
Officer
$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 $48,977 $755,134 No data
2023 $201,190 $205,252 $846,276 $-4,062
2023 No data $48,976 $622,112 No data
2022 $206,831 $198,230 $886,071 $8,601
2021 $196,123 $195,561 $907,073 $562
2020 $170,000 $168,977 $940,042 $1,023
2020 $214,190 $227,043 $951,121 $-12,853
2019 $179,655 $188,606 $999,907 $-8,951
2018 $180,934 $183,668 $1,043,586 $-2,734
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