Carrolls Water Assn
EIN: 911127836 · Carrolls, WA · NTEE: C32
| Metric | Value |
|---|---|
| Total Revenue | $257K |
| Total Expenses | $246K |
| Net Assets | $325K |
Is Carrolls 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 Carrolls Water Assn
Carrolls Water Assn (EIN: 911127836) is a nonprofit organization based in Carrolls, WA, classified under NTEE code C32. The organization reported total revenue of $257K and total assets of $612K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carrolls Water Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carrolls Water Assn is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $246K |
| Surplus / Deficit | +$12K |
| Total Assets | $620K |
| Total Liabilities | $294K |
| Net Assets | $325K |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 47.5% |
| Months of Reserves | 30.2 months |
Financial Health Grade: A
In 2023, Carrolls Water Assn reported a surplus of $12K with revenue exceeding expenses, holds 30.2 months of operating reserves (strong position), has a debt-to-asset ratio of 47.5% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Carrolls Water Assn's revenue has declined at a compound annual growth rate (CAGR) of -7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.8% | -4.3% | -1.3% |
| 2022 | +22.4% | +54.9% | +40.9% |
| 2021 | +14.7% | -16.7% | +11.6% |
| 2020 | -45.1% | -35.5% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carrolls 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 Carrolls 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.5%.
Frequently Asked Questions about Carrolls Water Assn
Is Carrolls Water Assn a legitimate charity?
Carrolls Water Assn (EIN: 911127836) is a registered tax-exempt nonprofit based in Washington. It has 5 years of IRS 990 filings on record. Total revenue: $257K. No red flags identified. Financial health grade: A.
How does Carrolls Water Assn spend its money?
Carrolls Water Assn reported $257K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carrolls Water Assn tax-deductible?
Carrolls Water Assn is registered as a tax-exempt nonprofit (EIN: 911127836). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carrolls Water Assn located?
Carrolls Water Assn is headquartered in Carrolls, Washington and files with the IRS under EIN 911127836. It is classified under NTEE code C32.
How many years of IRS 990 filings does Carrolls Water Assn have?
Carrolls Water Assn 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. The most recent filing shows $257K in total revenue.
Filing History
IRS 990 filing history for Carrolls Water Assn showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Carrolls Water Assn's revenue has declined by 28.1%, moving from $359K to $258K. Total assets increased by 49.1% over the same period, from $415K to $620K. Total functional expenses fell by 20.4%, from $309K to $246K. In its most recent filing year (2023), Carrolls Water Assn reported a surplus of $12K, with revenue exceeding expenses. The organization holds $294K in liabilities against $620K in assets (debt-to-asset ratio: 47.5%), resulting in net assets of $325K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $258K | $246K | $620K | $294K | — | — |
| 2022 | $277K | $257K | $628K | $314K | — | View 990 |
| 2021 | $226K | $166K | $446K | $152K | — | View 990 |
| 2020 | $197K | $199K | $399K | $165K | — | View 990 |
| 2019 | $359K | $309K | $415K | $179K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $258K, expenses of $246K, and assets of $620K (revenue -6.8% year-over-year).
- 2022: Revenue of $277K, expenses of $257K, and assets of $628K (revenue +22.4% year-over-year).
- 2021: Revenue of $226K, expenses of $166K, and assets of $446K (revenue +14.7% year-over-year).
- 2020: Revenue of $197K, expenses of $199K, and assets of $399K (revenue -45.1% year-over-year).
- 2019: Revenue of $359K, expenses of $309K, and assets of $415K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carrolls Water Assn:
Data Sources and Methodology
This transparency report for Carrolls 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.