HAWLEY WATER SUPPLY CORP (EIN 751237558) - 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

1965

Legal Domicile

Principal Officer

CLOIS VERSYP

Phone

3255379268

Tax Period

2023-01-01 to 2023-12-31

HAWLEY WATER SUPPLY CORP, founded in 1965, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 37% operating margin.

Mission

RURAL WATER SUPPLY

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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 $1,968,000

Program Service Revenue $2,702,583

Investment Income $40,551

Other Revenue $0

TOTAL REVENUE $4,711,134

Expense Breakdown

Grants Paid $0

Salaries & Benefits $683,636

Fundraising Expenses $0

Other Expenses $2,267,922

TOTAL EXPENSES $2,951,558

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,711,134	$2,812,331	+0.7%
Expenses	$2,951,558	$2,673,380	+0.1%
Net Income	$1,759,576	$138,951	+11.7%

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

$86,570

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARLAN FLINT	DIRECTOR	0.50	Director	$0	$0	$0
JERRY FLORENCE	DIRECTOR	0.50	Director	$0	$0	$0
BOB HERNDON	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL KLAFTER	DIRECTOR	0.50	Director	$0	$0	$0
BELVIN LYTLE	DIRECTOR	0.50	Director	$0	$0	$0
CLAY WILLIAMS	DIRECTOR	0.50	Director	$0	$0	$0
CLOIS VERSYP	PRESIDENT	0.50	Officer Director	$0	$0	$0
BRENT FINE	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
RONALD YOUNG	SEC/TREAS	0.50	Officer Director	$0	$0	$0
TIMOTHY FERRALL	GENERAL MANAGER	40.00	Officer	$0	$2,315	$86,570

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	$4,711,134	$2,951,558	$11,120,606	$1,759,576
2022	$2,812,331	$2,673,380	$7,525,965	$138,951
2021	$2,544,506	$2,125,816	$3,822,548	$418,690
2020	$2,508,859	$2,012,292	$3,396,516	$496,567
2019	$1,853,726	$1,902,203	$2,878,293	$-48,477
2018	$1,892,825	$1,839,072	$2,915,031	$53,753

HAWLEY WATER SUPPLY CORP