Kipling Water Assn
EIN: 640536284 · De Kalb, MS · NTEE: Y22
| Metric | Value |
|---|---|
| Total Revenue | $619K |
| Total Expenses | $703K |
| Net Assets | $2.6M |
Is Kipling Water Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kipling Water Assn
Kipling Water Assn (EIN: 640536284) is a nonprofit organization based in De Kalb, MS, classified under NTEE code Y22. The organization reported total revenue of $619K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kipling Water Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kipling Water Assn is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $619K |
| Total Expenses | $703K |
| Surplus / Deficit | $-84,691 |
| Total Assets | $4.1M |
| Total Liabilities | $1.5M |
| Net Assets | $2.6M |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 35.8% |
| Months of Reserves | 69.4 months |
Financial Health Grade: B
In 2023, Kipling Water Assn reported a deficit of $85K with expenses exceeding revenue, holds 69.4 months of operating reserves (strong position), has a debt-to-asset ratio of 35.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kipling Water Assn's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.5% | +18.2% | -2.5% |
| 2022 | +71.2% | -3.4% | +7.3% |
| 2021 | -8.3% | +15.8% | -5.9% |
| 2020 | +7.6% | +7.6% | -0.9% |
| 2019 | -3.1% | -10.0% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kipling Water Assn 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 Kipling Water Assn 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: 35.8%.
Frequently Asked Questions about Kipling Water Assn
Is Kipling Water Assn a legitimate charity?
Based on AI analysis of IRS 990 filings, Kipling Water Assn (EIN: 640536284) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kipling Water Assn spend its money?
Detailed spending breakdown data is not yet available for Kipling Water Assn. Check back for updated IRS 990 analysis.
Are donations to Kipling Water Assn tax-deductible?
Kipling Water Assn is registered as a tax-exempt nonprofit (EIN: 640536284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kipling Water Assn located?
Kipling Water Assn is headquartered in De Kalb, Mississippi and files with the IRS under EIN 640536284. It is classified under NTEE code Y22.
How many years of IRS 990 filings does Kipling Water Assn have?
Kipling Water Assn 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 $619K in total revenue.
Filing History
IRS 990 filing history for Kipling Water Assn showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kipling Water Assn's revenue has grown by 27.7%, moving from $485K to $619K. Total assets increased by 36.1% over the same period, from $3.0M to $4.1M. Total functional expenses rose by 86.4%, from $377K to $703K. In its most recent filing year (2023), Kipling Water Assn reported a deficit of $85K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $4.1M in assets (debt-to-asset ratio: 35.8%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $619K | $703K | $4.1M | $1.5M | — | — |
| 2022 | $853K | $595K | $4.2M | $1.5M | — | View 990 |
| 2021 | $498K | $616K | $3.9M | $1.5M | — | View 990 |
| 2020 | $544K | $532K | $4.1M | $1.4M | — | — |
| 2019 | $505K | $494K | $4.2M | $1.5M | — | View 990 |
| 2018 | $522K | $549K | $4.2M | $1.5M | — | View 990 |
| 2017 | $545K | $575K | $4.3M | $1.6M | — | — |
| 2016 | $548K | $584K | $4.3M | $1.6M | — | View 990 |
| 2015 | $539K | $558K | $4.4M | $1.6M | — | View 990 |
| 2014 | $610K | $563K | $4.5M | $1.7M | — | View 990 |
| 2013 | $693K | $476K | $4.5M | $1.7M | — | View 990 |
| 2012 | $1.7M | $452K | $4.4M | $1.9M | — | View 990 |
| 2011 | $485K | $377K | $3.0M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $619K, expenses of $703K, and assets of $4.1M (revenue -27.5% year-over-year).
- 2022: Revenue of $853K, expenses of $595K, and assets of $4.2M (revenue +71.2% year-over-year).
- 2021: Revenue of $498K, expenses of $616K, and assets of $3.9M (revenue -8.3% year-over-year).
- 2020: Revenue of $544K, expenses of $532K, and assets of $4.1M (revenue +7.6% year-over-year).
- 2019: Revenue of $505K, expenses of $494K, and assets of $4.2M (revenue -3.1% year-over-year).
- 2018: Revenue of $522K, expenses of $549K, and assets of $4.2M (revenue -4.3% year-over-year).
- 2017: Revenue of $545K, expenses of $575K, and assets of $4.3M (revenue -0.7% year-over-year).
- 2016: Revenue of $548K, expenses of $584K, and assets of $4.3M (revenue +1.7% year-over-year).
- 2015: Revenue of $539K, expenses of $558K, and assets of $4.4M (revenue -11.7% year-over-year).
- 2014: Revenue of $610K, expenses of $563K, and assets of $4.5M (revenue -12.0% year-over-year).
- 2013: Revenue of $693K, expenses of $476K, and assets of $4.5M (revenue -58.2% year-over-year).
- 2012: Revenue of $1.7M, expenses of $452K, and assets of $4.4M (revenue +241.7% year-over-year).
- 2011: Revenue of $485K, expenses of $377K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kipling Water Assn:
Data Sources and Methodology
This transparency report for Kipling Water Assn 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.