DUNCAN, OK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NATIONAL RURAL WATER ASSOCIATION, founded in 1976, is a mid-sized nonprofit that reported $81.8M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $74.5M left a modest 9% surplus.
TO STRENGTHEN STATE ASSOCIATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $81,786,877 | $71,767,101 | +0.1% |
| Expenses | $74,539,636 | $68,193,714 | +0.1% |
| Net Income | $7,247,241 | $3,573,387 | +1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PHILLIP COMBS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS KENYON | SR. VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID PETERSON | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL FULGHAM | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM GOULETTE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN O'CONNELL | IMMEDIATE PAST PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN CHOATE | EXECUTIVE DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM SPEER | EXECUTIVE DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIMMY FOLCO | EXECUTIVE DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC HILL | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JANA LITTLEWOOD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT RENCHER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN COVINGTON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANNIE MCMILLAN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAM MINELLA | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID BAIRD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT MUNRO | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK JEFFARES | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TONY CARRASCO | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRAD ANDERSEN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE FLETCHER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RANDY PLEIMA | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL SHROYER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CRAIG SOLLBERGER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF DAY | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES LATCHUM | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES GOBEILLE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LUKE HEIKKILA | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MACK LEE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID WALLER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLEN KELM | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN COFFEY | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES MACKIE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN JONES | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NEIL CARPENTER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELE SCHOMMER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FARON YOUNG | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT MOORE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RUSSELL COOPER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB BLOUGH | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA EVANS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RON GILLEN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KENT WATSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JON THORNTON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM DELBRIDGE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DON ZUERN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN HAUGHT | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN MRAZ | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHUCK MCVEY | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW HOLMES | CEO | 48.00 |
Officer
|
$379,325 | $49,564 | $428,889 |
| BRIAN CHURCHMAN | CFO | 45.00 |
Officer
|
$264,508 | $45,313 | $309,821 |
| VERN STEEL | COO | 40.00 |
Officer
|
$246,258 | $44,093 | $290,351 |
| MICHAEL PRESTON | DEPUTY DIRECTOR OF LEG. AF | 40.00 |
Highest
|
$248,041 | $55,209 | $303,250 |
| WILLIAM SIMPSON | LEGISLATIVE DIRECTOR | 40.00 |
Highest
|
$342,832 | $30,861 | $373,693 |
| CHARLES STEPHENS | SR. EXECUTIVE POLICY DIREC | 40.00 |
Highest
|
$261,677 | $62,358 | $324,035 |
| SHANNAN WALTON | APPRENTICESHIP PROGRAMS MANAGER | 40.00 |
Highest
|
$150,543 | $26,389 | $176,932 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $81,786,877 | $74,539,636 | $89,126,630 | $7,247,241 |
| 2024 | $71,767,101 | $68,193,714 | $80,853,175 | $3,573,387 |
| 2023 | $65,286,342 | $62,333,478 | $73,396,041 | $2,952,864 |
| 2022 | $57,280,479 | $52,106,861 | $71,914,464 | $5,173,618 |
| 2021 | $53,975,148 | $50,040,265 | $65,416,148 | $3,934,883 |
| 2020 | $49,940,515 | $46,292,818 | $55,666,563 | $3,647,697 |
Compare NATIONAL RURAL WATER ASSOCIATION with other nonprofits in Oklahoma and across the country.