NEW LIGHT WATER ASSOCIATION INC

EIN: 831150926 Mutual Benefit

Starkville, MS

Total Revenue
$186,624
Total Expenses
$174,402
Total Assets
$460,216
Net Assets
$275,508
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
MS
Phone
6623234027
Tax Period
2024-07-01 to 2025-06-30

NEW LIGHT WATER ASSOCIATION INC, founded in 1978, is a small nonprofit in the Mutual Benefit sector that reported $187K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $174K left a modest 7% surplus.

Mission

TO PROVIDE RURAL WATER SERVICE

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $177,160
Investment Income $9,464
Other Revenue $0
TOTAL REVENUE $186,624

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $173,405
Other Expenses $174,402
TOTAL EXPENSES $174,402

Year-over-Year Comparison

2024 2023 Change
Revenue $186,624 $163,848 +0.1%
Expenses $174,402 $158,894 +0.1%
Net Income $12,222 $4,954 +1.5%
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

Sign In

Governance

Voting Members
206
Independent Members
206
Employees
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY JANE COIGN PRESIDENT 0.00
Director
$0 $0 $0
KALYN COATNEY TREASURER 0.00
Director
$0 $0 $0
DAVID MAY MEMBER 0.00
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
2025 $186,624 $174,402 $460,216 $12,222
2024 $163,848 $158,894 $454,543 $4,954
2023 $134,371 $147,291 $455,899 $-12,920
2022 $140,330 $162,114 $474,852 $-21,784
2021 $114,842 $130,253 $515,098 $-15,411
2020 $110,874 $125,395 $536,024 $-14,521
2019 $99,028 $129,811 $555,816 $-30,783
Explore More Nonprofits
→Top 100 Nonprofits in Mississippi →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEW LIGHT WATER ASSOCIATION INC with other nonprofits in Mississippi and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.