Berwick Water Assn
EIN: 421087383 · Berwick, IA
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $40K |
| Net Assets | $2.3M |
Is Berwick Water Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Berwick Water Assn
Berwick Water Assn (EIN: 421087383) is a nonprofit organization based in Berwick, IA. The organization reported total revenue of $1.9M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Berwick Water Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Berwick Water Assn is a mid-size nonprofit that has been operating for 47 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $40K |
| Surplus / Deficit | +$80K |
| Total Assets | $2.3M |
| Total Liabilities | $500 |
| Net Assets | $2.3M |
| Operating Margin | 66.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 687.3 months |
Financial Health Grade: A
In 2023, Berwick Water Assn reported a surplus of $80K with revenue exceeding expenses, holds 687.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Berwick Water Assn's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.5% | -87.0% | +11.7% |
| 2022 | +70.1% | +2167.1% | -6.0% |
| 2021 | -2.1% | -35.7% | +4.3% |
| 2020 | +20.2% | +14.5% | +4.3% |
| 2019 | +126.5% | -41.8% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Berwick Water Assn 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 Berwick Water Assn 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 surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Berwick Water Assn
Is Berwick Water Assn a legitimate charity?
Berwick Water Assn (EIN: 421087383) is a registered tax-exempt nonprofit based in Iowa. It has 10 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: A.
How does Berwick Water Assn spend its money?
Berwick Water Assn reported $1.9M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Berwick Water Assn tax-deductible?
Berwick Water Assn is registered as a tax-exempt nonprofit (EIN: 421087383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Berwick Water Assn located?
Berwick Water Assn is headquartered in Berwick, Iowa and files with the IRS under EIN 421087383.
How many years of IRS 990 filings does Berwick Water Assn have?
Berwick Water Assn has 10 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Berwick Water Assn showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Berwick Water Assn's revenue has declined by 25.7%, moving from $161K to $120K. Total assets increased by 85.7% over the same period, from $1.2M to $2.3M. Total functional expenses fell by 69.4%, from $131K to $40K. In its most recent filing year (2023), Berwick Water Assn reported a surplus of $80K, with revenue exceeding expenses. The organization holds $500 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $40K | $2.3M | $500 | — | — |
| 2022 | $178K | $308K | $2.1M | $500 | — | View 990 |
| 2021 | $104K | $14K | $2.2M | $500 | — | View 990 |
| 2020 | $107K | $21K | $2.1M | $500 | — | — |
| 2019 | $89K | $18K | $2.0M | $500 | — | View 990 |
| 2018 | $39K | $32K | $1.9M | $500 | — | View 990 |
| 2017 | $938K | $48K | $2.0M | $500 | — | View 990 |
| 2013 | $133K | $141K | $1.2M | $81K | — | View 990 |
| 2012 | $171K | $141K | $1.2M | $102K | — | View 990 |
| 2011 | $161K | $131K | $1.2M | $122K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $40K, and assets of $2.3M (revenue -32.5% year-over-year).
- 2022: Revenue of $178K, expenses of $308K, and assets of $2.1M (revenue +70.1% year-over-year).
- 2021: Revenue of $104K, expenses of $14K, and assets of $2.2M (revenue -2.1% year-over-year).
- 2020: Revenue of $107K, expenses of $21K, and assets of $2.1M (revenue +20.2% year-over-year).
- 2019: Revenue of $89K, expenses of $18K, and assets of $2.0M (revenue +126.5% year-over-year).
- 2018: Revenue of $39K, expenses of $32K, and assets of $1.9M (revenue -95.8% year-over-year).
- 2017: Revenue of $938K, expenses of $48K, and assets of $2.0M (revenue +603.1% year-over-year).
- 2013: Revenue of $133K, expenses of $141K, and assets of $1.2M (revenue -21.8% year-over-year).
- 2012: Revenue of $171K, expenses of $141K, and assets of $1.2M (revenue +5.8% year-over-year).
- 2011: Revenue of $161K, expenses of $131K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Berwick Water Assn:
Data Sources and Methodology
This transparency report for Berwick Water Assn 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.