Is Konkolville Water Company Inc Legit?

Quick charity verification for Konkolville Water Company Inc (EIN: 208525777)

Verdict: Konkolville Water Company Inc shows mixed signals

60/100Mission Score
$0Revenue
$0Assets
4Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Konkolville Water Company Inc. appears to be a small, community-focused organization, likely providing water services given its name. The financial data indicates a consistent pattern of expenses exceeding revenue in recent years (2013-2015), suggesting potential operational deficits or reliance on prior year reserves. For example, in 2015, expenses were $69,486 against revenues of $43,664. While assets have been declining from $710,806 in 2011 to $591,736 in 2015, liabilities have remained relatively stable, indicating a controlled debt level. The organization's NTEE code is unknown, which can sometimes hinder a full understanding of its specific programmatic activities and comparative analysis within its sector. The lack of reported revenue and assets for the latest period is concerning and could indicate a lapse in reporting or significant operational changes.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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