Arenzville Rural Water Coop
Arenzville Rural Water Coop maintains stable assets and zero executive compensation amidst fluctuating revenues.
EIN: 200292836 · Virginia, IL · NTEE: Y22 · Updated: 2026-03-28
Is Arenzville Rural Water Coop Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arenzville Rural Water Coop directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arenzville Rural Water Coop
Arenzville Rural Water Coop (EIN: 200292836) is a nonprofit organization based in Virginia, IL, classified under NTEE code Y22. The organization reported total revenue of $438K and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arenzville Rural Water Coop's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arenzville Rural Water Coop is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 19.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $716K |
| Total Expenses | $261K |
| Surplus / Deficit | +$454K |
| Total Assets | $4.6M |
| Total Liabilities | $2.4M |
| Net Assets | $2.1M |
| Operating Margin | 63.5% |
| Debt-to-Asset Ratio | 52.9% |
| Months of Reserves | 209.2 months |
Financial Health Grade: A
In 2022, Arenzville Rural Water Coop reported a surplus of $454K with revenue exceeding expenses, holds 209.2 months of operating reserves (strong position), has a debt-to-asset ratio of 52.9% (high leverage).
Financial Trends
Over 10 years of filings (2013–2022), Arenzville Rural Water Coop's revenue has grown at a compound annual growth rate (CAGR) of 19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +252.6% | +2.9% | +53.6% |
| 2021 | -2.6% | +3.0% | -2.2% |
| 2020 | +6.5% | +1.3% | -1.0% |
| 2019 | +2.4% | +0.6% | +2.2% |
| 2018 | +1.6% | +6.5% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Arenzville Rural Water Coop with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Arenzville Rural Water Coop allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $454K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size with assets nearing $5 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Arenzville Rural Water Coop's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin) in provided data
- Significant revenue volatility without clear explanation
Strengths
The following positive indicators were identified for Arenzville Rural Water Coop:
- Consistent zero executive compensation
- Strong asset base relative to liabilities
- Consistent IRS 990 filing history (10 filings)
- Stable operational expenses over several years (e.g., $246,494 in 2020 vs. $243,429 in 2019)
Frequently Asked Questions about Arenzville Rural Water Coop
Is Arenzville Rural Water Coop a legitimate charity?
Based on AI analysis of IRS 990 filings, Arenzville Rural Water Coop (EIN: 200292836) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Arenzville Rural Water Coop spend its money?
Arenzville Rural Water Coop directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Arenzville Rural Water Coop tax-deductible?
Arenzville Rural Water Coop is registered as a tax-exempt nonprofit (EIN: 200292836). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant revenue increase in 2022?
The revenue for Arenzville Rural Water Coop jumped from $203,033 in 2021 to $715,802 in 2022. This substantial increase could be due to a major infrastructure project, a significant grant, or a change in billing structure or customer base.
How does Arenzville Rural Water Coop manage its administrative costs?
While a detailed breakdown isn't provided, the consistent reporting of 0% officer compensation suggests a very lean administrative overhead at the executive level, contributing to overall efficiency.
Is the organization financially sustainable given revenue fluctuations?
Despite revenue fluctuations, the organization consistently maintains a healthy asset-to-liability ratio (e.g., $4,557,187 in assets vs. $2,408,769 in liabilities in 2022), suggesting financial stability and the ability to cover its obligations.
Filing History
IRS 990 filing history for Arenzville Rural Water Coop showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Arenzville Rural Water Coop's revenue has grown by 408.2%, moving from $141K to $716K. Total assets increased by 53.6% over the same period, from $3.0M to $4.6M. Total functional expenses rose by 22.3%, from $214K to $261K. In its most recent filing year (2022), Arenzville Rural Water Coop reported a surplus of $454K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $4.6M in assets (debt-to-asset ratio: 52.9%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $716K | $261K | $4.6M | $2.4M | — | View 990 |
| 2021 | $203K | $254K | $3.0M | $1.3M | — | — |
| 2020 | $208K | $246K | $3.0M | $1.3M | — | — |
| 2019 | $196K | $243K | $3.1M | $1.3M | — | — |
| 2018 | $191K | $242K | $3.0M | $1.2M | — | View 990 |
| 2017 | $188K | $227K | $3.1M | $1.2M | — | View 990 |
| 2016 | $452K | $220K | $3.1M | $1.2M | — | View 990 |
| 2015 | $166K | $217K | $2.8M | $1.1M | — | View 990 |
| 2014 | $155K | $225K | $2.9M | $1.1M | — | View 990 |
| 2013 | $141K | $214K | $3.0M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $716K, expenses of $261K, and assets of $4.6M (revenue +252.6% year-over-year).
- 2021: Revenue of $203K, expenses of $254K, and assets of $3.0M (revenue -2.6% year-over-year).
- 2020: Revenue of $208K, expenses of $246K, and assets of $3.0M (revenue +6.5% year-over-year).
- 2019: Revenue of $196K, expenses of $243K, and assets of $3.1M (revenue +2.4% year-over-year).
- 2018: Revenue of $191K, expenses of $242K, and assets of $3.0M (revenue +1.6% year-over-year).
- 2017: Revenue of $188K, expenses of $227K, and assets of $3.1M (revenue -58.3% year-over-year).
- 2016: Revenue of $452K, expenses of $220K, and assets of $3.1M (revenue +172.3% year-over-year).
- 2015: Revenue of $166K, expenses of $217K, and assets of $2.8M (revenue +7.0% year-over-year).
- 2014: Revenue of $155K, expenses of $225K, and assets of $2.9M (revenue +10.1% year-over-year).
- 2013: Revenue of $141K, expenses of $214K, and assets of $3.0M.
Data Sources and Methodology
This transparency report for Arenzville Rural Water Coop 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.