Hayden Water Association Incorporated
EIN: 351725042 · North Vernon, IN
| Metric | Value |
|---|---|
| Total Revenue | $526K |
| Total Expenses | $623K |
| Net Assets | $978K |
Is Hayden Water Association Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hayden Water Association Incorporated
Hayden Water Association Incorporated (EIN: 351725042) is a nonprofit organization based in North Vernon, IN. The organization reported total revenue of $526K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hayden Water Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hayden Water Association Incorporated is a small nonprofit that has been operating for 38 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $526K |
| Total Expenses | $623K |
| Surplus / Deficit | $-97,697 |
| Total Assets | $1.0M |
| Total Liabilities | $43K |
| Net Assets | $978K |
| Operating Margin | -18.6% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 19.6 months |
Financial Health Grade: B
In 2021, Hayden Water Association Incorporated reported a deficit of $98K with expenses exceeding revenue, holds 19.6 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Hayden Water Association Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -1.4% | -13.3% | -7.2% |
| 2020 | +1.3% | +32.0% | -14.7% |
| 2019 | +6.0% | +4.2% | -1.4% |
| 2018 | +1.1% | +9.2% | -1.9% |
| 2017 | +4.0% | +8.5% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hayden Water Association Incorporated 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 Hayden Water Association Incorporated 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $98K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Frequently Asked Questions about Hayden Water Association Incorporated
Is Hayden Water Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Hayden Water Association Incorporated (EIN: 351725042) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hayden Water Association Incorporated spend its money?
Detailed spending breakdown data is not yet available for Hayden Water Association Incorporated. Check back for updated IRS 990 analysis.
Are donations to Hayden Water Association Incorporated tax-deductible?
Hayden Water Association Incorporated is registered as a tax-exempt nonprofit (EIN: 351725042). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hayden Water Association Incorporated located?
Hayden Water Association Incorporated is headquartered in North Vernon, Indiana and files with the IRS under EIN 351725042.
How many years of IRS 990 filings does Hayden Water Association Incorporated have?
Hayden Water Association Incorporated has 11 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 $526K in total revenue.
Filing History
IRS 990 filing history for Hayden Water Association Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Hayden Water Association Incorporated's revenue has grown by 37.9%, moving from $381K to $526K. Total assets decreased by 32% over the same period, from $1.5M to $1.0M. Total functional expenses rose by 52.8%, from $408K to $623K. In its most recent filing year (2021), Hayden Water Association Incorporated reported a deficit of $98K, with expenses exceeding revenue. The organization holds $43K in liabilities against $1.0M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $978K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $526K | $623K | $1.0M | $43K | — | — |
| 2020 | $533K | $719K | $1.1M | $33K | — | View 990 |
| 2019 | $527K | $544K | $1.3M | $38K | — | — |
| 2018 | $497K | $523K | $1.3M | $38K | — | View 990 |
| 2017 | $492K | $479K | $1.3M | $38K | — | View 990 |
| 2016 | $473K | $441K | $1.3M | $36K | — | View 990 |
| 2015 | $406K | $460K | $1.3M | $35K | — | View 990 |
| 2014 | $382K | $417K | $1.4M | $45K | — | View 990 |
| 2013 | $388K | $464K | $1.4M | $51K | — | View 990 |
| 2012 | $381K | $422K | $1.5M | $38K | — | View 990 |
| 2011 | $381K | $408K | $1.5M | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $526K, expenses of $623K, and assets of $1.0M (revenue -1.4% year-over-year).
- 2020: Revenue of $533K, expenses of $719K, and assets of $1.1M (revenue +1.3% year-over-year).
- 2019: Revenue of $527K, expenses of $544K, and assets of $1.3M (revenue +6.0% year-over-year).
- 2018: Revenue of $497K, expenses of $523K, and assets of $1.3M (revenue +1.1% year-over-year).
- 2017: Revenue of $492K, expenses of $479K, and assets of $1.3M (revenue +4.0% year-over-year).
- 2016: Revenue of $473K, expenses of $441K, and assets of $1.3M (revenue +16.3% year-over-year).
- 2015: Revenue of $406K, expenses of $460K, and assets of $1.3M (revenue +6.5% year-over-year).
- 2014: Revenue of $382K, expenses of $417K, and assets of $1.4M (revenue -1.5% year-over-year).
- 2013: Revenue of $388K, expenses of $464K, and assets of $1.4M (revenue +1.8% year-over-year).
- 2012: Revenue of $381K, expenses of $422K, and assets of $1.5M (revenue -0.2% year-over-year).
- 2011: Revenue of $381K, expenses of $408K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hayden Water Association Incorporated:
Data Sources and Methodology
This transparency report for Hayden Water Association Incorporated 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.