Boyle Skene Water Corporation
EIN: 640731485 · Boyle, MS · NTEE: W80
| Metric | Value |
|---|---|
| Total Revenue | $739K |
| Total Expenses | $691K |
| Net Assets | $2.5M |
Is Boyle Skene Water Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boyle Skene Water Corporation
Boyle Skene Water Corporation (EIN: 640731485) is a nonprofit organization based in Boyle, MS, classified under NTEE code W80. The organization reported total revenue of $739K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boyle Skene Water Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boyle Skene Water Corporation is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $713K |
| Total Expenses | $691K |
| Surplus / Deficit | +$22K |
| Total Assets | $3.8M |
| Total Liabilities | $1.2M |
| Net Assets | $2.5M |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 33.0% |
| Months of Reserves | 65.5 months |
Financial Health Grade: A
In 2023, Boyle Skene Water Corporation reported a surplus of $22K with revenue exceeding expenses, holds 65.5 months of operating reserves (strong position), has a debt-to-asset ratio of 33.0% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), Boyle Skene Water Corporation's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +6.6% | -1.3% |
| 2022 | -43.6% | -44.1% | -1.6% |
| 2021 | +73.1% | +89.3% | +1.1% |
| 2020 | +5.1% | -6.0% | +2.0% |
| 2019 | -8.0% | +1.2% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boyle Skene Water Corporation 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 Boyle Skene Water Corporation 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 $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.0%.
Frequently Asked Questions about Boyle Skene Water Corporation
Is Boyle Skene Water Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Boyle Skene Water Corporation (EIN: 640731485) insufficient data. 0 red flags identified, 0 strengths noted.
How does Boyle Skene Water Corporation spend its money?
Detailed spending breakdown data is not yet available for Boyle Skene Water Corporation. Check back for updated IRS 990 analysis.
Are donations to Boyle Skene Water Corporation tax-deductible?
Boyle Skene Water Corporation is registered as a tax-exempt nonprofit (EIN: 640731485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boyle Skene Water Corporation located?
Boyle Skene Water Corporation is headquartered in Boyle, Mississippi and files with the IRS under EIN 640731485. It is classified under NTEE code W80.
How many years of IRS 990 filings does Boyle Skene Water Corporation have?
Boyle Skene Water Corporation has 8 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 $739K in total revenue.
Filing History
IRS 990 filing history for Boyle Skene Water Corporation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Boyle Skene Water Corporation's revenue has declined by 3.8%, moving from $741K to $713K. Total assets decreased by 0.2% over the same period, from $3.8M to $3.8M. Total functional expenses fell by 10.7%, from $774K to $691K. In its most recent filing year (2023), Boyle Skene Water Corporation reported a surplus of $22K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $3.8M in assets (debt-to-asset ratio: 33.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $713K | $691K | $3.8M | $1.2M | — | — |
| 2022 | $699K | $648K | $3.8M | $1.3M | — | — |
| 2021 | $1.2M | $1.2M | $3.9M | $1.4M | — | View 990 |
| 2020 | $715K | $612K | $3.8M | $1.5M | — | — |
| 2019 | $681K | $652K | $3.8M | $1.5M | — | View 990 |
| 2018 | $740K | $644K | $3.8M | $1.5M | — | View 990 |
| 2017 | $809K | $815K | $3.7M | $1.6M | — | View 990 |
| 2016 | $741K | $774K | $3.8M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $713K, expenses of $691K, and assets of $3.8M (revenue +2.1% year-over-year).
- 2022: Revenue of $699K, expenses of $648K, and assets of $3.8M (revenue -43.6% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $3.9M (revenue +73.1% year-over-year).
- 2020: Revenue of $715K, expenses of $612K, and assets of $3.8M (revenue +5.1% year-over-year).
- 2019: Revenue of $681K, expenses of $652K, and assets of $3.8M (revenue -8.0% year-over-year).
- 2018: Revenue of $740K, expenses of $644K, and assets of $3.8M (revenue -8.6% year-over-year).
- 2017: Revenue of $809K, expenses of $815K, and assets of $3.7M (revenue +9.2% year-over-year).
- 2016: Revenue of $741K, expenses of $774K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boyle Skene Water Corporation:
Data Sources and Methodology
This transparency report for Boyle Skene Water Corporation 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.