Amazi Water
EIN: 474782701 · Keller, TX · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $7.3M |
| Net Assets | $6.4M |
Is Amazi Water Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Amazi Water
Amazi Water (EIN: 474782701) is a nonprofit organization based in Keller, TX, classified under NTEE code Q33. The organization reported total revenue of $6.8M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amazi Water's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amazi Water is a mid-size nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 43.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.3M |
| Total Expenses | $7.3M |
| Surplus / Deficit | $-86,905 |
| Total Assets | $6.5M |
| Total Liabilities | $184K |
| Net Assets | $6.4M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 10.7 months |
Financial Health Grade: B
In 2023, Amazi Water reported a deficit of $87K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 7 years of filings (2016–2023), Amazi Water's revenue has grown at a compound annual growth rate (CAGR) of 43.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | +8.1% | -7.5% |
| 2022 | +14.3% | +97.4% | -1.1% |
| 2021 | +47.1% | +7.9% | +245.7% |
| 2019 | +124.8% | +71.8% | +111.2% |
| 2018 | +8.7% | +86.2% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1278 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Amazi Water has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amazi Water with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Frequently Asked Questions about Amazi Water
Is Amazi Water a legitimate charity?
Based on AI analysis of IRS 990 filings, Amazi Water (EIN: 474782701) insufficient data. 0 red flags identified, 0 strengths noted.
How does Amazi Water spend its money?
Detailed spending breakdown data is not yet available for Amazi Water. Check back for updated IRS 990 analysis.
Are donations to Amazi Water tax-deductible?
Amazi Water is registered as a tax-exempt nonprofit (EIN: 474782701). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Amazi Water located?
Amazi Water is headquartered in Keller, Texas and files with the IRS under EIN 474782701. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Amazi Water have?
Amazi Water has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.8M in total revenue.
Filing History
IRS 990 filing history for Amazi Water showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Amazi Water's revenue has grown by 1121.2%, moving from $594K to $7.3M. Total assets increased by 2896.1% over the same period, from $218K to $6.5M. Total functional expenses rose by 1826.7%, from $381K to $7.3M. In its most recent filing year (2023), Amazi Water reported a deficit of $87K, with expenses exceeding revenue. The organization holds $184K in liabilities against $6.5M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.3M | $7.3M | $6.5M | $184K | — | View 990 |
| 2022 | $7.1M | $6.8M | $7.1M | $341K | — | — |
| 2021 | $6.2M | $3.4M | $7.1M | $434K | — | View 990 |
| 2019 | $4.2M | $3.2M | $2.1M | $277K | — | View 990 |
| 2018 | $1.9M | $1.9M | $978K | $8K | — | View 990 |
| 2017 | $1.7M | $997K | $944K | $2K | — | View 990 |
| 2016 | $594K | $381K | $218K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.3M, expenses of $7.3M, and assets of $6.5M (revenue +1.8% year-over-year).
- 2022: Revenue of $7.1M, expenses of $6.8M, and assets of $7.1M (revenue +14.3% year-over-year).
- 2021: Revenue of $6.2M, expenses of $3.4M, and assets of $7.1M (revenue +47.1% year-over-year).
- 2019: Revenue of $4.2M, expenses of $3.2M, and assets of $2.1M (revenue +124.8% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $978K (revenue +8.7% year-over-year).
- 2017: Revenue of $1.7M, expenses of $997K, and assets of $944K (revenue +192.1% year-over-year).
- 2016: Revenue of $594K, expenses of $381K, and assets of $218K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amazi Water:
Data Sources and Methodology
This transparency report for Amazi Water is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.