RURAL WATER SEWER AND SOLID WASTE DISTRICT NO 2

EIN: 730932024

Checotah, OK

Total Revenue
$819,488
Total Expenses
$733,962
Total Assets
$3,047,099
Net Assets
$1,040,134
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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
1966
Legal Domicile
OK
Tax Period
2023-01-01 to 2023-12-31

RURAL WATER SEWER AND SOLID WASTE DISTRICT NO 2, founded in 1966, is a small nonprofit that reported $819K in total revenue in fiscal year 2023. Expenses of $734K left a modest 10% surplus.

Mission

PROVIDE WATER TO THE RURAL AREAS OF ONAPA OKLAHOMA

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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 $796,035
Investment Income $23,453
Other Revenue $0
TOTAL REVENUE $819,488

Expense Breakdown

Grants Paid $0
Salaries & Benefits $219,185
Fundraising Expenses $0
Program Expenses $733,962
Other Expenses $514,777
TOTAL EXPENSES $733,962

Year-over-Year Comparison

2023 2022 Change
Revenue $819,488 $786,059 +0.0%
Expenses $733,962 $751,139 0.0%
Net Income $85,526 $34,920 +1.4%
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
7
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE WILLIAMS MEMBER 0.00
Director
$0 $0 $0
CLINT WALKER MEMBER 0.00
Director
$0 $0 $0
KENNETH PEMBERTON SECRETARY TREASURER 0.00
Director
$0 $0 $0
JEFF MCPEAK CHAIRMAN 0.00
Director
$0 $0 $0
GARY HEFNER VICE CHAIRMAN 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 No data No data No data No data
2023 $819,488 $733,962 $3,047,099 $85,526
2022 $786,059 $751,139 $3,166,767 $34,920
2021 $824,103 $693,921 $3,240,470 $130,182
2020 $863,922 $692,976 $3,035,352 $170,946
2019 $698,751 $675,728 $2,858,640 $23,023
2018 $706,456 $671,677 $2,920,883 $34,779
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