Jasper Water Works Corporation
EIN: 371326643 · Fairfield, IL · NTEE: W80
| Metric | Value |
|---|---|
| Total Revenue | $510K |
| Total Expenses | $514K |
| Net Assets | $1.2M |
Is Jasper Water Works Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jasper Water Works Corporation
Jasper Water Works Corporation (EIN: 371326643) is a nonprofit organization based in Fairfield, IL, classified under NTEE code W80. The organization reported total revenue of $510K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jasper Water Works Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jasper Water Works Corporation is a small 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 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $525K |
| Total Expenses | $514K |
| Surplus / Deficit | +$11K |
| Total Assets | $3.1M |
| Total Liabilities | $1.9M |
| Net Assets | $1.2M |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 60.2% |
| Months of Reserves | 72.7 months |
Financial Health Grade: A
In 2023, Jasper Water Works Corporation reported a surplus of $11K with revenue exceeding expenses, holds 72.7 months of operating reserves (strong position), has a debt-to-asset ratio of 60.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jasper Water Works Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.2% | +9.0% | -2.3% |
| 2022 | +13.7% | +6.8% | -2.2% |
| 2021 | +1.2% | +9.2% | -2.1% |
| 2020 | +2.2% | +2.9% | -0.8% |
| 2019 | +1.6% | -1.7% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jasper Water Works Corporation 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 Jasper Water Works Corporation 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.
- Debt-to-asset ratio: 60.2%.
Frequently Asked Questions about Jasper Water Works Corporation
Is Jasper Water Works Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jasper Water Works Corporation (EIN: 371326643) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jasper Water Works Corporation spend its money?
Detailed spending breakdown data is not yet available for Jasper Water Works Corporation. Check back for updated IRS 990 analysis.
Are donations to Jasper Water Works Corporation tax-deductible?
Jasper Water Works Corporation is registered as a tax-exempt nonprofit (EIN: 371326643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jasper Water Works Corporation located?
Jasper Water Works Corporation is headquartered in Fairfield, Illinois and files with the IRS under EIN 371326643. It is classified under NTEE code W80.
How many years of IRS 990 filings does Jasper Water Works Corporation have?
Jasper Water Works Corporation 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 $510K in total revenue.
Filing History
IRS 990 filing history for Jasper Water Works Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jasper Water Works Corporation's revenue has grown by 46.4%, moving from $359K to $525K. Total assets decreased by 17.7% over the same period, from $3.8M to $3.1M. Total functional expenses rose by 26.1%, from $408K to $514K. In its most recent filing year (2023), Jasper Water Works Corporation reported a surplus of $11K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $3.1M in assets (debt-to-asset ratio: 60.2%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $525K | $514K | $3.1M | $1.9M | — | — |
| 2022 | $485K | $472K | $3.2M | $2.0M | — | View 990 |
| 2021 | $427K | $442K | $3.3M | $2.0M | — | View 990 |
| 2020 | $422K | $405K | $3.3M | $2.1M | — | View 990 |
| 2019 | $412K | $393K | $3.4M | $2.1M | — | — |
| 2018 | $406K | $400K | $3.4M | $2.2M | — | View 990 |
| 2017 | $395K | $389K | $3.4M | $2.2M | — | View 990 |
| 2016 | $389K | $397K | $3.5M | $2.3M | — | View 990 |
| 2015 | $401K | $432K | $3.5M | $2.3M | — | View 990 |
| 2014 | $395K | $436K | $3.6M | $2.4M | — | View 990 |
| 2013 | $389K | $406K | $3.7M | $2.4M | — | View 990 |
| 2012 | $415K | $408K | $3.7M | $2.5M | — | View 990 |
| 2011 | $359K | $408K | $3.8M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $525K, expenses of $514K, and assets of $3.1M (revenue +8.2% year-over-year).
- 2022: Revenue of $485K, expenses of $472K, and assets of $3.2M (revenue +13.7% year-over-year).
- 2021: Revenue of $427K, expenses of $442K, and assets of $3.3M (revenue +1.2% year-over-year).
- 2020: Revenue of $422K, expenses of $405K, and assets of $3.3M (revenue +2.2% year-over-year).
- 2019: Revenue of $412K, expenses of $393K, and assets of $3.4M (revenue +1.6% year-over-year).
- 2018: Revenue of $406K, expenses of $400K, and assets of $3.4M (revenue +2.8% year-over-year).
- 2017: Revenue of $395K, expenses of $389K, and assets of $3.4M (revenue +1.6% year-over-year).
- 2016: Revenue of $389K, expenses of $397K, and assets of $3.5M (revenue -3.0% year-over-year).
- 2015: Revenue of $401K, expenses of $432K, and assets of $3.5M (revenue +1.5% year-over-year).
- 2014: Revenue of $395K, expenses of $436K, and assets of $3.6M (revenue +1.4% year-over-year).
- 2013: Revenue of $389K, expenses of $406K, and assets of $3.7M (revenue -6.1% year-over-year).
- 2012: Revenue of $415K, expenses of $408K, and assets of $3.7M (revenue +15.6% year-over-year).
- 2011: Revenue of $359K, expenses of $408K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jasper Water Works Corporation:
Data Sources and Methodology
This transparency report for Jasper Water Works Corporation 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.