Mass Rural Water Association
Mass Rural Water Association shows consistent revenue growth and zero reported officer compensation over the past decade.
EIN: 203451540 · Northfield, MA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $901K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $307K |
| Transparency Score | 85/100 |
Is Mass Rural Water Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mass Rural Water Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mass Rural Water Association
Mass Rural Water Association (EIN: 203451540) is a nonprofit organization based in Northfield, MA, classified under NTEE code S41. The organization reported total revenue of $1.1M and total assets of $507K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mass Rural Water Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mass Rural Water Association is a mid-size nonprofit that has been operating for 21 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 | $968K |
| Total Expenses | $901K |
| Surplus / Deficit | +$67K |
| Total Assets | $433K |
| Total Liabilities | $126K |
| Net Assets | $307K |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 29.2% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2023, Mass Rural Water Association reported a surplus of $67K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 29.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mass Rural Water Association's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.6% | +17.7% | +9.4% |
| 2022 | -5.1% | -9.0% | +1.7% |
| 2021 | +0.5% | +11.5% | -1.8% |
| 2020 | -12.4% | -13.1% | +13.3% |
| 2019 | +52.6% | +18.2% | +31.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mass Rural Water Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mass Rural Water Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with nearly $1 million in annual revenue. This suggests that executive leadership may be volunteer-based or compensated through other expense categories, which could be a strength in terms of resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mass Rural Water Association's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting precise efficiency analysis.
Strengths
The following positive indicators were identified for Mass Rural Water Association:
- Consistent revenue growth, increasing from $579,956 in 2014 to $967,530 in 2023.
- Healthy asset growth, from $249,857 in 2014 to $433,467 in 2023.
- Consistent reporting of 0% officer compensation across all filings, indicating potential high resource allocation to mission.
- Operates with a consistent financial surplus, as seen in 2023 with revenue of $967,530 exceeding expenses of $900,599.
- Long filing history (13 filings) demonstrates sustained operation and transparency.
Frequently Asked Questions about Mass Rural Water Association
Is Mass Rural Water Association a legitimate charity?
Mass Rural Water Association (EIN: 203451540) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Mass Rural Water Association spend its money?
Mass Rural Water Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mass Rural Water Association tax-deductible?
Mass Rural Water Association is registered as a tax-exempt nonprofit (EIN: 203451540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mass Rural Water Association CEO make?
Mass Rural Water Association's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mass Rural Water Association's spending goes to programs?
Mass Rural Water Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mass Rural Water Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mass Rural Water Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mass Rural Water Association located?
Mass Rural Water Association is headquartered in Northfield, Massachusetts and files with the IRS under EIN 203451540. It is classified under NTEE code S41.
How many years of IRS 990 filings does Mass Rural Water Association have?
Mass Rural Water Association 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 $1.1M in total revenue.
Is Mass Rural Water Association a good charity?
Based on its consistent financial health, revenue growth, asset accumulation, and reported zero officer compensation, Mass Rural Water Association appears to be a well-managed and financially stable organization. Its long history of filings and positive financial trends suggest it is a good charity, though a detailed functional expense breakdown would provide more clarity on program efficiency.
How has the organization's revenue changed over time?
Mass Rural Water Association has shown strong revenue growth, increasing from $579,956 in 2014 to $967,530 in 2023, representing a significant increase over the decade.
What is the trend in the organization's assets?
The organization's assets have consistently grown, from $249,857 in 2014 to $433,467 in 2023, indicating a healthy accumulation of reserves and capacity.
Does the organization pay its officers?
According to all available IRS 990 filings, Mass Rural Water Association consistently reports 0% officer compensation, suggesting that officers are either volunteers or compensated through other expense categories not classified as officer compensation.
Filing History
IRS 990 filing history for Mass Rural Water Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mass Rural Water Association's revenue has grown by 46.3%, moving from $661K to $968K. Total assets increased by 57.4% over the same period, from $275K to $433K. Total functional expenses rose by 32.1%, from $682K to $901K. In its most recent filing year (2023), Mass Rural Water Association reported a surplus of $67K, with revenue exceeding expenses. The organization holds $126K in liabilities against $433K in assets (debt-to-asset ratio: 29.2%), resulting in net assets of $307K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $968K | $901K | $433K | $126K | — | View 990 |
| 2022 | $783K | $765K | $396K | $155K | — | View 990 |
| 2021 | $825K | $841K | $389K | $166K | — | — |
| 2020 | $821K | $754K | $397K | $157K | — | — |
| 2019 | $937K | $868K | $350K | $178K | — | View 990 |
| 2018 | $614K | $734K | $266K | $162K | — | View 990 |
| 2017 | $739K | $698K | $323K | $68K | — | View 990 |
| 2016 | $671K | $644K | $287K | $72K | — | View 990 |
| 2015 | $623K | $602K | $266K | $78K | — | View 990 |
| 2014 | $580K | $550K | $250K | $83K | — | View 990 |
| 2013 | $542K | $557K | $220K | $84K | — | View 990 |
| 2012 | $486K | $514K | $237K | $85K | — | View 990 |
| 2011 | $661K | $682K | $275K | $96K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $968K, expenses of $901K, and assets of $433K (revenue +23.6% year-over-year).
- 2022: Revenue of $783K, expenses of $765K, and assets of $396K (revenue -5.1% year-over-year).
- 2021: Revenue of $825K, expenses of $841K, and assets of $389K (revenue +0.5% year-over-year).
- 2020: Revenue of $821K, expenses of $754K, and assets of $397K (revenue -12.4% year-over-year).
- 2019: Revenue of $937K, expenses of $868K, and assets of $350K (revenue +52.6% year-over-year).
- 2018: Revenue of $614K, expenses of $734K, and assets of $266K (revenue -17.0% year-over-year).
- 2017: Revenue of $739K, expenses of $698K, and assets of $323K (revenue +10.1% year-over-year).
- 2016: Revenue of $671K, expenses of $644K, and assets of $287K (revenue +7.7% year-over-year).
- 2015: Revenue of $623K, expenses of $602K, and assets of $266K (revenue +7.5% year-over-year).
- 2014: Revenue of $580K, expenses of $550K, and assets of $250K (revenue +7.0% year-over-year).
- 2013: Revenue of $542K, expenses of $557K, and assets of $220K (revenue +11.4% year-over-year).
- 2012: Revenue of $486K, expenses of $514K, and assets of $237K (revenue -26.4% year-over-year).
- 2011: Revenue of $661K, expenses of $682K, and assets of $275K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mass Rural Water Association:
Data Sources and Methodology
This transparency report for Mass Rural Water Association 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.