BURNS REDBANK WATER SUPPLY CORP (EIN 752285046) - 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

DOUG KYLES

Phone

9035473068

Tax Period

2024-01-01 to 2024-12-31

BURNS REDBANK WATER SUPPLY CORP, founded in 1968, is a small nonprofit that reported $564K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE RURAL WATER SALES

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $560,397

Investment Income $3,499

Other Revenue $0

TOTAL REVENUE $563,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $159,242

Fundraising Expenses $0

Program Expenses $525,670

Other Expenses $434,693

TOTAL EXPENSES $593,935

Year-over-Year Comparison

	2024	2023	Change
Revenue	$563,896	$450,757	+0.3%
Expenses	$593,935	$497,810	+0.2%
Net Income	$-30,039	$-47,053	-0.4%

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

$910

Total Directors

$2,030

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG KYLES	DIRECTOR	1.00	Director	$420	$0	$420
LARRY SWIFT	DIRECTOR	1.00	Director	$420	$0	$420
JOYCE BROWN	SECRETARY/TR	1.00	Officer Director	$350	$0	$350
JAMES DAVIS	PRESIDENT	1.00	Officer Director	$315	$0	$315
FABIAN HUBBARD	VICE PRESIDE	1.00	Officer Director	$245	$0	$245
KATHY ALLEN	DIRECTOR	1.00	Director	$175	$0	$175
CHRISTOPHER HARRIS	DIRECTOR	1.00	Director	$105	$0	$105

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	$563,896	$593,935	$655,916	$-30,039
2023	$450,757	$497,810	$704,585	$-47,053
2022	$424,628	$487,992	$750,923	$-63,364
2021	$425,805	$408,645	$797,658	$17,160
2020	$397,532	$384,207	$774,273	$13,325
2019	$328,833	$373,344	$763,348	$-44,511
2018	$318,874	$345,971	$795,302	$-27,097

BURNS REDBANK WATER SUPPLY CORP