Calhoun Water Association
EIN: 640439268 · Laurel, MS · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $862K |
| Total Expenses | $779K |
| Net Assets | $2.4M |
Is Calhoun Water Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Calhoun Water Association
Calhoun Water Association (EIN: 640439268) is a nonprofit organization based in Laurel, MS, classified under NTEE code Z99. The organization reported total revenue of $862K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Calhoun Water Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Calhoun Water Association is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $885K |
| Total Expenses | $779K |
| Surplus / Deficit | +$106K |
| Total Assets | $2.9M |
| Total Liabilities | $552K |
| Net Assets | $2.4M |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 19.0% |
| Months of Reserves | 44.8 months |
Financial Health Grade: A
In 2024, Calhoun Water Association reported a surplus of $106K with revenue exceeding expenses, holds 44.8 months of operating reserves (strong position), has a debt-to-asset ratio of 19.0% (very low leverage).
Financial Trends
Over 12 years of filings (2013–2024), Calhoun Water Association's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.7% | +5.4% | +1.8% |
| 2023 | +17.8% | +20.2% | -0.9% |
| 2022 | +12.8% | +25.9% | +27.3% |
| 2021 | +7.1% | +8.0% | +4.2% |
| 2020 | +1.3% | +12.2% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Calhoun Water Association 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 Calhoun Water Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $106K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.0%.
Frequently Asked Questions about Calhoun Water Association
Is Calhoun Water Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Calhoun Water Association (EIN: 640439268) insufficient data. 0 red flags identified, 0 strengths noted.
How does Calhoun Water Association spend its money?
Detailed spending breakdown data is not yet available for Calhoun Water Association. Check back for updated IRS 990 analysis.
Are donations to Calhoun Water Association tax-deductible?
Calhoun Water Association is registered as a tax-exempt nonprofit (EIN: 640439268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Calhoun Water Association located?
Calhoun Water Association is headquartered in Laurel, Mississippi and files with the IRS under EIN 640439268. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Calhoun Water Association have?
Calhoun Water Association has 12 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 $862K in total revenue.
Filing History
IRS 990 filing history for Calhoun Water Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Calhoun Water Association's revenue has grown by 109.4%, moving from $423K to $885K. Total assets increased by 73.5% over the same period, from $1.7M to $2.9M. Total functional expenses rose by 107.1%, from $376K to $779K. In its most recent filing year (2024), Calhoun Water Association reported a surplus of $106K, with revenue exceeding expenses. The organization holds $552K in liabilities against $2.9M in assets (debt-to-asset ratio: 19.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $885K | $779K | $2.9M | $552K | — | — |
| 2023 | $758K | $739K | $2.9M | $606K | — | View 990 |
| 2022 | $644K | $615K | $2.9M | $649K | — | View 990 |
| 2021 | $571K | $488K | $2.3M | $61K | — | — |
| 2020 | $533K | $452K | $2.2M | $52K | — | — |
| 2019 | $526K | $403K | $2.1M | $49K | — | View 990 |
| 2018 | $479K | $412K | $2.0M | $46K | — | View 990 |
| 2017 | $447K | $394K | $1.9M | $51K | — | View 990 |
| 2016 | $468K | $389K | $1.8M | $50K | — | View 990 |
| 2015 | $430K | $371K | $1.8M | $43K | — | View 990 |
| 2014 | $432K | $410K | $1.7M | $48K | — | View 990 |
| 2013 | $423K | $376K | $1.7M | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $885K, expenses of $779K, and assets of $2.9M (revenue +16.7% year-over-year).
- 2023: Revenue of $758K, expenses of $739K, and assets of $2.9M (revenue +17.8% year-over-year).
- 2022: Revenue of $644K, expenses of $615K, and assets of $2.9M (revenue +12.8% year-over-year).
- 2021: Revenue of $571K, expenses of $488K, and assets of $2.3M (revenue +7.1% year-over-year).
- 2020: Revenue of $533K, expenses of $452K, and assets of $2.2M (revenue +1.3% year-over-year).
- 2019: Revenue of $526K, expenses of $403K, and assets of $2.1M (revenue +9.7% year-over-year).
- 2018: Revenue of $479K, expenses of $412K, and assets of $2.0M (revenue +7.3% year-over-year).
- 2017: Revenue of $447K, expenses of $394K, and assets of $1.9M (revenue -4.5% year-over-year).
- 2016: Revenue of $468K, expenses of $389K, and assets of $1.8M (revenue +8.8% year-over-year).
- 2015: Revenue of $430K, expenses of $371K, and assets of $1.8M (revenue -0.5% year-over-year).
- 2014: Revenue of $432K, expenses of $410K, and assets of $1.7M (revenue +2.3% year-over-year).
- 2013: Revenue of $423K, expenses of $376K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Calhoun Water Association:
Data Sources and Methodology
This transparency report for Calhoun Water 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.