MARSHALL COUNTY WATER COPRORATION (EIN 730939020) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

JAY PORTER

Phone

5807953368

Tax Period

2022-07-01 to 2023-06-30

MARSHALL COUNTY WATER COPRORATION, founded in 1970, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2022. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $933K, a strong 16% operating margin.

Mission

THE CORPORATION PROVIDES A WATERWORKS DISTRIBUTION SYSTEM FOR ITS MEMBERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $423,260

Program Service Revenue $5,258,009

Investment Income $51,362

Other Revenue $0

TOTAL REVENUE $5,732,631

Expense Breakdown

Grants Paid $0

Salaries & Benefits $979,216

Fundraising Expenses $0

Other Expenses $3,820,088

TOTAL EXPENSES $4,799,304

Year-over-Year Comparison

	2022	2021	Change
Revenue	$5,732,631	$5,221,218	+0.1%
Expenses	$4,799,304	$4,148,312	+0.2%
Net Income	$933,327	$1,072,906	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY ELDRIDGE	MEMBER	N/A	Director	$0	$0	$0
THOMAS HERNDON	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
DONNIE HUFFMAN	MEMBER	N/A	Director	$0	$0	$0
WILLIAM MACON	MEMBER	N/A	Director	$0	$0	$0
WENDYL PARRISH	MEMBER	N/A	Director	$0	$0	$0
JAY PORTER	CHAIRMAN	N/A	Officer Director	$0	$0	$0
CHRIS WEBB	SECRETARY/TR	N/A	Officer 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	$5,732,631	$4,799,304	$23,194,936	$933,327
2022	$5,221,218	$4,148,312	$23,354,926	$1,072,906
2021	$4,429,258	$3,964,519	$23,212,707	$464,739
2020	$3,746,789	$3,389,740	$23,406,358	$357,049

MARSHALL COUNTY WATER COPRORATION