Clear River Electric And Water District
EIN: 50517079 · Pascoag, RI · NTEE: Y22
| Metric | Value |
|---|---|
| Total Revenue | $10.3M |
| Total Expenses | $9.7M |
Is Clear River Electric And Water District Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Clear River Electric And Water District
Clear River Electric And Water District (EIN: 50517079) is a nonprofit organization based in Pascoag, RI, classified under NTEE code Y22. The organization reported total revenue of $10.3M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clear River Electric And Water District's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clear River Electric And Water District is a large nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.3M |
| Total Expenses | $9.7M |
| Surplus / Deficit | +$627K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 6.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, Clear River Electric And Water District reported a surplus of $627K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Clear River Electric And Water District's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.5% | -2.3% | -100.0% |
| 2022 | +2.7% | +6.9% | -1.0% |
| 2021 | -3.5% | +0.3% | -0.6% |
| 2020 | +9.3% | -0.1% | +13.9% |
| 2019 | -5.1% | -3.9% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Clear River Electric And Water District 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 Clear River Electric And Water District 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 $627K, with revenue exceeding expenses.
Frequently Asked Questions about Clear River Electric And Water District
Is Clear River Electric And Water District a legitimate charity?
Based on AI analysis of IRS 990 filings, Clear River Electric And Water District (EIN: 50517079) insufficient data. 0 red flags identified, 0 strengths noted.
How does Clear River Electric And Water District spend its money?
Detailed spending breakdown data is not yet available for Clear River Electric And Water District. Check back for updated IRS 990 analysis.
Are donations to Clear River Electric And Water District tax-deductible?
Clear River Electric And Water District is registered as a tax-exempt nonprofit (EIN: 50517079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Clear River Electric And Water District located?
Clear River Electric And Water District is headquartered in Pascoag, Rhode Island and files with the IRS under EIN 50517079. It is classified under NTEE code Y22.
How many years of IRS 990 filings does Clear River Electric And Water District have?
Clear River Electric And Water District has 13 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 $10.3M in total revenue.
Filing History
IRS 990 filing history for Clear River Electric And Water District showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Clear River Electric And Water District's revenue has grown by 20%, moving from $8.6M to $10.3M. Total assets decreased by 100% over the same period, from $7.4M to $0. Total functional expenses rose by 14%, from $8.5M to $9.7M. In its most recent filing year (2023), Clear River Electric And Water District reported a surplus of $627K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.3M | $9.7M | $0 | $0 | — | View 990 |
| 2022 | $10.1M | $9.9M | $19.8M | $7.1M | — | View 990 |
| 2021 | $9.8M | $9.3M | $20.0M | $7.4M | — | View 990 |
| 2020 | $10.2M | $9.3M | $20.1M | $8.0M | — | — |
| 2019 | $9.3M | $9.3M | $17.7M | $6.5M | — | View 990 |
| 2018 | $9.8M | $9.7M | $16.0M | $4.8M | — | View 990 |
| 2017 | $9.8M | $9.1M | $16.3M | $5.3M | — | View 990 |
| 2016 | $9.2M | $8.9M | $14.4M | $4.2M | — | View 990 |
| 2015 | $10.2M | $8.9M | $13.0M | $2.4M | — | View 990 |
| 2014 | $9.8M | $8.8M | $11.5M | $2.3M | — | View 990 |
| 2013 | $8.0M | $8.6M | $10.5M | $2.5M | — | View 990 |
| 2012 | $10.7M | $8.0M | $11.0M | $2.4M | — | View 990 |
| 2011 | $8.6M | $8.5M | $7.4M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.3M, expenses of $9.7M, and assets of $0 (revenue +2.5% year-over-year).
- 2022: Revenue of $10.1M, expenses of $9.9M, and assets of $19.8M (revenue +2.7% year-over-year).
- 2021: Revenue of $9.8M, expenses of $9.3M, and assets of $20.0M (revenue -3.5% year-over-year).
- 2020: Revenue of $10.2M, expenses of $9.3M, and assets of $20.1M (revenue +9.3% year-over-year).
- 2019: Revenue of $9.3M, expenses of $9.3M, and assets of $17.7M (revenue -5.1% year-over-year).
- 2018: Revenue of $9.8M, expenses of $9.7M, and assets of $16.0M (revenue +-0.0% year-over-year).
- 2017: Revenue of $9.8M, expenses of $9.1M, and assets of $16.3M (revenue +6.3% year-over-year).
- 2016: Revenue of $9.2M, expenses of $8.9M, and assets of $14.4M (revenue -9.9% year-over-year).
- 2015: Revenue of $10.2M, expenses of $8.9M, and assets of $13.0M (revenue +5.0% year-over-year).
- 2014: Revenue of $9.8M, expenses of $8.8M, and assets of $11.5M (revenue +22.6% year-over-year).
- 2013: Revenue of $8.0M, expenses of $8.6M, and assets of $10.5M (revenue -25.6% year-over-year).
- 2012: Revenue of $10.7M, expenses of $8.0M, and assets of $11.0M (revenue +24.0% year-over-year).
- 2011: Revenue of $8.6M, expenses of $8.5M, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clear River Electric And Water District:
Data Sources and Methodology
This transparency report for Clear River Electric And Water District 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.