Beekman Water System Inc

EIN: 721254326 Public & Societal Benefit

Harrisonburg, LA

Total Revenue
$342,207
Total Expenses
$238,718
Total Assets
$668,433
Net Assets
$171,892
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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
1979
Legal Domicile
LA
Principal Officer
James Loyless
Phone
3187440308
Tax Period
2024-01-01 to 2024-12-31

Beekman Water System Inc, founded in 1979, is a small nonprofit in the Public & Societal Benefit sector that reported $342K in total revenue in fiscal year 2024. The organization ran a surplus of $103K, a strong 30% operating margin.

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 $0
Program Service Revenue $336,703
Investment Income $5,504
Other Revenue $0
TOTAL REVENUE $342,207

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $219,920
Other Expenses $238,718
TOTAL EXPENSES $238,718

Year-over-Year Comparison

2024 2023 Change
Revenue $342,207 $338,937 +0.0%
Expenses $238,718 $181,963 +0.3%
Net Income $103,489 $156,974 -0.3%
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
JAMES LOYLESS President 0.00
Officer Director
$0 $0 $0
KEVIN CHAIN Director 0.00
Director
$0 $0 $0
BRANDON ALLRED Director 0.00
Director
$0 $0 $0
RAY WILKERSON Vice President 0.00
Officer Director
$0 $0 $0
CHARLIE GUNTER 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 $342,207 $238,718 $668,433 $103,489
2023 $338,937 $181,963 $590,641 $156,974
2022 $344,758 $193,572 $455,892 $151,186
2021 $352,351 $223,917 $325,993 $128,434
2020 $208,672 $204,419 $217,463 $4,253
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