JACKSON WATER SUPPLY CORPORATION (EIN 751709569) - 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

1967

Legal Domicile

Principal Officer

HENRY SMITH

Phone

9035661320

Tax Period

2023-01-01 to 2023-12-31

JACKSON WATER SUPPLY CORPORATION, founded in 1967, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $1.4M left a modest 4% surplus.

Mission

WATER IS SUPPLIED TO ITS MEMBERS, BOTH RESIDENTIAL AND COMMERCIAL, IN THE JACKSON COMMUNITY AND SURROUNDING AREAS. THE COMPANY EXPANDS ITS DISTRICT TO MEET THE NEEDS OF 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,431,119

Investment Income $13,949

Other Revenue $780

TOTAL REVENUE $1,445,848

Expense Breakdown

Grants Paid $0

Salaries & Benefits $435,364

Fundraising Expenses $0

Program Expenses $1,386,412

Other Expenses $951,048

TOTAL EXPENSES $1,386,412

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,445,848	$1,208,480	+0.2%
Expenses	$1,386,412	$1,427,951	0.0%
Net Income	$59,436	$-219,471	-1.3%

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

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

$75,534

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GATHA GOSS	SEC - TREAS	0.25	Officer Director	$0	$0	$0
ROY WILLIAMSON	DIRECTOR	0.25	Director	$0	$0	$0
JIMMY PINKE	DIRECTOR	0.00	Director	$0	$0	$0
HENRY SMITH	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
KATHY BARFIELD	DIRECTOR	0.25	Director	$0	$0	$0
GLYN THOMAS	DIRECTOR	0.25	Director	$0	$0	$0
ADRYLL WARREN	PRESIDENT	0.25	Officer Director	$0	$0	$0
AMBER N DURHAM	GENERAL MANAGER	40.00	Officer	$75,534	$0	$75,534

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	$1,445,848	$1,386,412	$3,600,257	$59,436
2022	$1,208,480	$1,427,951	$3,643,250	$-219,471
2021	$1,247,780	$1,239,128	$3,528,770	$8,652
2020	$1,077,770	$998,389	$3,492,098	$79,381
2019	$1,089,158	$975,518	$3,330,800	$113,640
2018	$1,025,608	$964,565	$3,173,743	$61,043

JACKSON WATER SUPPLY CORPORATION