Coaling Water Authority Inc
EIN: 630577868 · Coaling, AL · NTEE: W80Z
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.0M |
| Net Assets | $3.3M |
Is Coaling Water Authority Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Coaling Water Authority Inc
Coaling Water Authority Inc (EIN: 630577868) is a nonprofit organization based in Coaling, AL, classified under NTEE code W80Z. The organization reported total revenue of $1.4M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coaling Water Authority Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coaling Water Authority Inc is a mid-size nonprofit that has been operating for 57 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $929K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-84,845 |
| Total Assets | $3.5M |
| Total Liabilities | $240K |
| Net Assets | $3.3M |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 41.4 months |
Financial Health Grade: B
In 2023, Coaling Water Authority Inc reported a deficit of $85K with expenses exceeding revenue, holds 41.4 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Coaling Water Authority Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.3% | +11.3% | +0.2% |
| 2022 | -0.1% | +7.6% | -1.2% |
| 2021 | -2.6% | +2.5% | +0.5% |
| 2020 | +2.1% | +3.4% | +1.3% |
| 2019 | +2.7% | +19.6% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Coaling Water Authority Inc 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 Coaling Water Authority Inc 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 deficit of $85K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.9%.
Frequently Asked Questions about Coaling Water Authority Inc
Is Coaling Water Authority Inc a legitimate charity?
Coaling Water Authority Inc (EIN: 630577868) is a registered tax-exempt nonprofit based in Alabama. It has 12 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: B.
How does Coaling Water Authority Inc spend its money?
Coaling Water Authority Inc reported $1.4M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Coaling Water Authority Inc tax-deductible?
Coaling Water Authority Inc is registered as a tax-exempt nonprofit (EIN: 630577868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Coaling Water Authority Inc located?
Coaling Water Authority Inc is headquartered in Coaling, Alabama and files with the IRS under EIN 630577868. It is classified under NTEE code W80Z.
How many years of IRS 990 filings does Coaling Water Authority Inc have?
Coaling Water Authority Inc 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Coaling Water Authority Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Coaling Water Authority Inc's revenue has grown by 47%, moving from $632K to $929K. Total assets increased by 7.1% over the same period, from $3.3M to $3.5M. Total functional expenses rose by 67.7%, from $604K to $1.0M. In its most recent filing year (2023), Coaling Water Authority Inc reported a deficit of $85K, with expenses exceeding revenue. The organization holds $240K in liabilities against $3.5M in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $929K | $1.0M | $3.5M | $240K | — | View 990 |
| 2022 | $857K | $910K | $3.5M | $134K | — | View 990 |
| 2021 | $859K | $846K | $3.5M | $122K | — | View 990 |
| 2020 | $882K | $825K | $3.5M | $118K | — | — |
| 2019 | $863K | $798K | $3.5M | $128K | — | View 990 |
| 2018 | $840K | $667K | $3.4M | $135K | — | — |
| 2017 | $746K | $702K | $3.2M | $79K | — | View 990 |
| 2016 | $696K | $717K | $3.2M | $124K | — | View 990 |
| 2015 | $678K | $717K | $3.2M | $133K | — | View 990 |
| 2014 | $661K | $692K | $3.3M | $131K | — | View 990 |
| 2013 | $663K | $655K | $3.3M | $107K | — | View 990 |
| 2012 | $632K | $604K | $3.3M | $108K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $929K, expenses of $1.0M, and assets of $3.5M (revenue +8.3% year-over-year).
- 2022: Revenue of $857K, expenses of $910K, and assets of $3.5M (revenue -0.1% year-over-year).
- 2021: Revenue of $859K, expenses of $846K, and assets of $3.5M (revenue -2.6% year-over-year).
- 2020: Revenue of $882K, expenses of $825K, and assets of $3.5M (revenue +2.1% year-over-year).
- 2019: Revenue of $863K, expenses of $798K, and assets of $3.5M (revenue +2.7% year-over-year).
- 2018: Revenue of $840K, expenses of $667K, and assets of $3.4M (revenue +12.7% year-over-year).
- 2017: Revenue of $746K, expenses of $702K, and assets of $3.2M (revenue +7.2% year-over-year).
- 2016: Revenue of $696K, expenses of $717K, and assets of $3.2M (revenue +2.6% year-over-year).
- 2015: Revenue of $678K, expenses of $717K, and assets of $3.2M (revenue +2.5% year-over-year).
- 2014: Revenue of $661K, expenses of $692K, and assets of $3.3M (revenue -0.2% year-over-year).
- 2013: Revenue of $663K, expenses of $655K, and assets of $3.3M (revenue +4.9% year-over-year).
- 2012: Revenue of $632K, expenses of $604K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coaling Water Authority Inc:
Data Sources and Methodology
This transparency report for Coaling Water Authority Inc 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.