CHATT WATER SUPPLY CORPORATION (EIN 741787125) - Form 990 Financial Analysis & Trantor Score

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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

1968

Legal Domicile

Principal Officer

BETTY COX

Tax Period

2023-01-01 to 2023-12-31

CHATT WATER SUPPLY CORPORATION, founded in 1968, is a small nonprofit that reported $515K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $100K, a strong 19% operating margin.

Mission

PUMPING AND DISTRIBUTION OF WATER 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $505,969

Investment Income $9,453

Other Revenue $0

TOTAL REVENUE $515,422

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,738

Fundraising Expenses $0

Program Expenses $415,090

Other Expenses $370,352

TOTAL EXPENSES $415,090

Year-over-Year Comparison

	2023	2022	Change
Revenue	$515,422	$460,662	+0.1%
Expenses	$415,090	$367,012	+0.1%
Net Income	$100,332	$93,650	+0.1%

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

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

$32,200

Total Directors

$32,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BLAIR RUSSELL	PRESIDENT	3	Officer Director	$2,200	$0	$2,200
CECIL PADGETT	VICE PRESIDENT	2	Officer Director	$0	$0	$0
HOWARD SIDES	SECRETARY	2	Officer Director	$0	$0	$0
BETTY COX	TREASURER	3	Officer Director	$30,000	$0	$30,000
RYAN DIVIN	DIRECTOR	1	Director	$0	$0	$0
GAYLE KENNEDY	DIRECTOR	1	Director	$0	$0	$0
D BROCKETT JR	DIRECTOR	1	Director	$0	$0	$0
JOSH NORS	DIRECTOR	1	Director	$0	$0	$0
MASON SULLINS	DIRECTOR	1	Director	$0	$0	$0
D PUSTEJOVSKY	DIRECTOR	1	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	$515,422	$415,090	$5,113,626	$100,332
2022	$460,662	$367,012	$2,095,700	$93,650
2021	$343,058	$321,021	$2,014,809	$22,037
2020	$506,738	$327,768	$2,009,990	$178,970
2019	$320,639	$270,417	$1,834,675	$50,222
2018	$325,752	$278,661	$1,778,890	$47,091

CHATT WATER SUPPLY CORPORATION