Bdw Water System Association
Bdw Water System Association reports $0 revenue and assets in its latest filing, raising questions about its operational status.
EIN: 205952861 · Fortuna, ND · NTEE: W80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $379K |
| Program Spending | 80% |
| Net Assets | $465K |
| Transparency Score | 40/100 |
Is Bdw Water System Association Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bdw Water System Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bdw Water System Association
Bdw Water System Association (EIN: 205952861) is a nonprofit organization based in Fortuna, ND, classified under NTEE code W80. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bdw Water System Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bdw Water System Association is a small nonprofit that has been operating for 16 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -6.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $554K |
| Total Expenses | $379K |
| Surplus / Deficit | +$175K |
| Total Assets | $465K |
| Net Assets | $465K |
| Operating Margin | 31.6% |
| Months of Reserves | 14.7 months |
Financial Health Grade: A
In 2015, Bdw Water System Association reported a surplus of $175K with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Bdw Water System Association's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -49.7% | -54.1% | +60.5% |
| 2014 | +152.1% | +94.2% | +2154.2% |
| 2013 | +55.0% | +47.2% | -95.4% |
| 2012 | -61.3% | -65.2% | -61.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Bdw Water System Association with a Mission Score of 40 out of 100 (Fair). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Bdw Water System Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $175K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, suggesting either a fully volunteer-run organization or that executive compensation is not being reported in a standard manner, which could be a positive for resource allocation if true, but also a potential lack of transparency if compensation exists but is not disclosed.
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 Bdw Water System Association's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
- Significant and unexplained drop in revenue from over $1 million in 2014 to $0 in the latest period.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
- Inconsistent financial performance with periods of both net income and net losses.
Strengths
The following positive indicators were identified for Bdw Water System Association:
- Historically managed significant revenues, demonstrating capacity for large-scale operations (e.g., $1.1M in 2014).
- Reported 0% officer compensation across all filings, suggesting a lean operational model or volunteer leadership.
- Resolved significant liabilities reported in earlier years (2011-2012) by 2013-2015.
Frequently Asked Questions about Bdw Water System Association
Is Bdw Water System Association a legitimate charity?
Bdw Water System Association (EIN: 205952861) is a registered tax-exempt nonprofit based in North Dakota. Our AI analysis gives it a Mission Score of 40/100. It has 5 years of IRS 990 filings on record. 4 red flags identified. 3 strengths noted. Financial health grade: A.
How does Bdw Water System Association spend its money?
Bdw Water System Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bdw Water System Association tax-deductible?
Bdw Water System Association is registered as a tax-exempt nonprofit (EIN: 205952861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bdw Water System Association's spending goes to programs?
Bdw Water System Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bdw Water System Association compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Bdw Water System Association is near average for NTEE category W80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bdw Water System Association located?
Bdw Water System Association is headquartered in Fortuna, North Dakota and files with the IRS under EIN 205952861. It is classified under NTEE code W80.
How many years of IRS 990 filings does Bdw Water System Association have?
Bdw Water System Association has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Bdw Water System Association still operational given its latest $0 revenue and assets?
The latest filing showing $0 revenue and assets strongly suggests the organization may no longer be operational or has significantly scaled down, requiring further investigation beyond the provided data.
What caused the significant drop from over $1 million in revenue in 2014 to $0 in the latest filing?
The provided data does not offer an explanation for this drastic financial decline, which is a critical question for understanding the organization's trajectory.
How does Bdw Water System Association fund its operations if it reports $0 revenue?
If the latest filing is accurate, the organization would have no funding for operations, indicating a potential dormancy or cessation of activities.
What are the specific breakdowns of program, administrative, and fundraising expenses?
The provided IRS 990 summary data does not include a detailed breakdown of expenses into these categories, making it difficult to assess spending efficiency accurately.
Filing History
IRS 990 filing history for Bdw Water System Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Bdw Water System Association's revenue has declined by 24%, moving from $729K to $554K. Total assets decreased by 36.3% over the same period, from $729K to $465K. Total functional expenses fell by 54.2%, from $828K to $379K. In its most recent filing year (2015), Bdw Water System Association reported a surplus of $175K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $554K | $379K | $465K | $0 | — | View 990 |
| 2014 | $1.1M | $825K | $290K | $0 | — | — |
| 2013 | $437K | $425K | $13K | $0 | — | View 990 |
| 2012 | $282K | $289K | $282K | $289K | — | View 990 |
| 2011 | $729K | $828K | $729K | $828K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $554K, expenses of $379K, and assets of $465K (revenue -49.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $825K, and assets of $290K (revenue +152.1% year-over-year).
- 2013: Revenue of $437K, expenses of $425K, and assets of $13K (revenue +55.0% year-over-year).
- 2012: Revenue of $282K, expenses of $289K, and assets of $282K (revenue -61.3% year-over-year).
- 2011: Revenue of $729K, expenses of $828K, and assets of $729K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bdw Water System Association:
Data Sources and Methodology
This transparency report for Bdw Water System Association 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.