Georgia Well Drillers Assoc Inc
EIN: 582262014 · Fairmount, GA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $164K |
| Net Assets | $191K |
Is Georgia Well Drillers Assoc Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Georgia Well Drillers Assoc Inc
Georgia Well Drillers Assoc Inc (EIN: 582262014) is a nonprofit organization based in Fairmount, GA, classified under NTEE code S41. The organization reported total revenue of $204K and total assets of $213K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgia Well Drillers Assoc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgia Well Drillers Assoc Inc is a small nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $164K |
| Surplus / Deficit | +$11K |
| Total Assets | $191K |
| Net Assets | $191K |
| Operating Margin | 6.2% |
| Months of Reserves | 14.0 months |
Financial Health Grade: A
In 2023, Georgia Well Drillers Assoc Inc reported a surplus of $11K with revenue exceeding expenses, holds 14.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Georgia Well Drillers Assoc Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.3% | -14.7% | +6.1% |
| 2022 | +21.0% | +36.7% | -10.1% |
| 2021 | +52.6% | +55.7% | +1.4% |
| 2020 | -30.2% | -24.1% | +1.3% |
| 2019 | +3.3% | -5.1% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Georgia Well Drillers Assoc 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 Georgia Well Drillers Assoc 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 surplus of $11K, with revenue exceeding expenses.
Frequently Asked Questions about Georgia Well Drillers Assoc Inc
Is Georgia Well Drillers Assoc Inc a legitimate charity?
Georgia Well Drillers Assoc Inc (EIN: 582262014) is a registered tax-exempt nonprofit based in Georgia. It has 14 years of IRS 990 filings on record. Total revenue: $204K. No red flags identified. Financial health grade: A.
How does Georgia Well Drillers Assoc Inc spend its money?
Georgia Well Drillers Assoc Inc reported $204K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Georgia Well Drillers Assoc Inc tax-deductible?
Georgia Well Drillers Assoc Inc is registered as a tax-exempt nonprofit (EIN: 582262014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Georgia Well Drillers Assoc Inc located?
Georgia Well Drillers Assoc Inc is headquartered in Fairmount, Georgia and files with the IRS under EIN 582262014. It is classified under NTEE code S41.
How many years of IRS 990 filings does Georgia Well Drillers Assoc Inc have?
Georgia Well Drillers Assoc Inc has 14 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 $204K in total revenue.
Filing History
IRS 990 filing history for Georgia Well Drillers Assoc Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Georgia Well Drillers Assoc Inc's revenue has grown by 109.5%, moving from $84K to $175K. Total assets increased by 92.1% over the same period, from $100K to $191K. Total functional expenses rose by 122.4%, from $74K to $164K. In its most recent filing year (2023), Georgia Well Drillers Assoc Inc reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $164K | $191K | $0 | — | View 990 |
| 2022 | $173K | $192K | $180K | $0 | — | — |
| 2021 | $143K | $141K | $201K | $700 | — | View 990 |
| 2020 | $94K | $90K | $198K | $0 | — | — |
| 2019 | $134K | $119K | $195K | $550 | — | View 990 |
| 2018 | $130K | $126K | $180K | $500 | — | View 990 |
| 2017 | $134K | $119K | $176K | $400 | — | — |
| 2016 | $120K | $100K | $162K | $1K | — | View 990 |
| 2015 | $110K | $96K | $141K | $0 | — | View 990 |
| 2014 | $118K | $99K | $127K | $0 | — | View 990 |
| 2013 | $88K | $86K | $109K | $987 | — | View 990 |
| 2012 | $86K | $75K | $106K | $0 | — | View 990 |
| 2011 | $72K | $76K | $95K | $400 | — | View 990 |
| 2010 | $84K | $74K | $100K | $500 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $164K, and assets of $191K (revenue +1.3% year-over-year).
- 2022: Revenue of $173K, expenses of $192K, and assets of $180K (revenue +21.0% year-over-year).
- 2021: Revenue of $143K, expenses of $141K, and assets of $201K (revenue +52.6% year-over-year).
- 2020: Revenue of $94K, expenses of $90K, and assets of $198K (revenue -30.2% year-over-year).
- 2019: Revenue of $134K, expenses of $119K, and assets of $195K (revenue +3.3% year-over-year).
- 2018: Revenue of $130K, expenses of $126K, and assets of $180K (revenue -3.3% year-over-year).
- 2017: Revenue of $134K, expenses of $119K, and assets of $176K (revenue +11.8% year-over-year).
- 2016: Revenue of $120K, expenses of $100K, and assets of $162K (revenue +9.4% year-over-year).
- 2015: Revenue of $110K, expenses of $96K, and assets of $141K (revenue -6.7% year-over-year).
- 2014: Revenue of $118K, expenses of $99K, and assets of $127K (revenue +34.3% year-over-year).
- 2013: Revenue of $88K, expenses of $86K, and assets of $109K (revenue +1.6% year-over-year).
- 2012: Revenue of $86K, expenses of $75K, and assets of $106K (revenue +19.9% year-over-year).
- 2011: Revenue of $72K, expenses of $76K, and assets of $95K (revenue -14.0% year-over-year).
- 2010: Revenue of $84K, expenses of $74K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgia Well Drillers Assoc Inc:
Data Sources and Methodology
This transparency report for Georgia Well Drillers Assoc 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.