Mexia Water System Inc
EIN: 630665278 · Mexia, AL · NTEE: C02
| Metric | Value |
|---|---|
| Total Revenue | $918K |
| Total Expenses | $722K |
| Net Assets | $817K |
Is Mexia Water System Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mexia Water System Inc
Mexia Water System Inc (EIN: 630665278) is a nonprofit organization based in Mexia, AL, classified under NTEE code C02. The organization reported total revenue of $918K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mexia Water System Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mexia Water System Inc is a small nonprofit that has been operating for 7 years, with 12 years of IRS 990 filings on record (2011–2023). 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 | $790K |
| Total Expenses | $722K |
| Surplus / Deficit | +$68K |
| Total Assets | $3.2M |
| Total Liabilities | $2.4M |
| Net Assets | $817K |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 74.7% |
| Months of Reserves | 53.7 months |
Financial Health Grade: A
In 2023, Mexia Water System Inc reported a surplus of $68K with revenue exceeding expenses, holds 53.7 months of operating reserves (strong position), has a debt-to-asset ratio of 74.7% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Mexia Water System Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.3% | +18.7% | +0.5% |
| 2022 | +21.9% | +7.4% | -4.7% |
| 2021 | -7.9% | +22.6% | -6.8% |
| 2020 | +9.3% | +4.1% | -2.9% |
| 2019 | -2.6% | +24.5% | -10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mexia Water System 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 Mexia Water System 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 $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 74.7%.
Frequently Asked Questions about Mexia Water System Inc
Is Mexia Water System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mexia Water System Inc (EIN: 630665278) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mexia Water System Inc spend its money?
Detailed spending breakdown data is not yet available for Mexia Water System Inc. Check back for updated IRS 990 analysis.
Are donations to Mexia Water System Inc tax-deductible?
Mexia Water System Inc is registered as a tax-exempt nonprofit (EIN: 630665278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mexia Water System Inc located?
Mexia Water System Inc is headquartered in Mexia, Alabama and files with the IRS under EIN 630665278. It is classified under NTEE code C02.
How many years of IRS 990 filings does Mexia Water System Inc have?
Mexia Water System Inc has 12 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 $918K in total revenue.
Filing History
IRS 990 filing history for Mexia Water System Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Mexia Water System Inc's revenue has grown by 99.7%, moving from $395K to $790K. Total assets increased by 1% over the same period, from $3.2M to $3.2M. Total functional expenses rose by 83.7%, from $393K to $722K. In its most recent filing year (2023), Mexia Water System Inc reported a surplus of $68K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $3.2M in assets (debt-to-asset ratio: 74.7%), resulting in net assets of $817K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $790K | $722K | $3.2M | $2.4M | — | — |
| 2022 | $484K | $608K | $3.2M | $2.5M | — | View 990 |
| 2021 | $397K | $566K | $3.4M | $2.5M | — | View 990 |
| 2020 | $431K | $462K | $3.6M | $2.6M | — | — |
| 2019 | $394K | $444K | $3.7M | $2.7M | — | — |
| 2018 | $405K | $356K | $4.2M | $2.6M | — | View 990 |
| 2017 | $436K | $431K | $4.2M | $2.7M | — | — |
| 2016 | $376K | $397K | $4.3M | $2.7M | — | — |
| 2014 | $399K | $511K | $4.3M | $2.8M | — | View 990 |
| 2013 | $406K | $447K | $4.3M | $2.7M | — | View 990 |
| 2012 | $378K | $360K | $3.3M | $1.8M | — | View 990 |
| 2011 | $395K | $393K | $3.2M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $790K, expenses of $722K, and assets of $3.2M (revenue +63.3% year-over-year).
- 2022: Revenue of $484K, expenses of $608K, and assets of $3.2M (revenue +21.9% year-over-year).
- 2021: Revenue of $397K, expenses of $566K, and assets of $3.4M (revenue -7.9% year-over-year).
- 2020: Revenue of $431K, expenses of $462K, and assets of $3.6M (revenue +9.3% year-over-year).
- 2019: Revenue of $394K, expenses of $444K, and assets of $3.7M (revenue -2.6% year-over-year).
- 2018: Revenue of $405K, expenses of $356K, and assets of $4.2M (revenue -7.2% year-over-year).
- 2017: Revenue of $436K, expenses of $431K, and assets of $4.2M (revenue +16.0% year-over-year).
- 2016: Revenue of $376K, expenses of $397K, and assets of $4.3M (revenue -5.8% year-over-year).
- 2014: Revenue of $399K, expenses of $511K, and assets of $4.3M (revenue -1.7% year-over-year).
- 2013: Revenue of $406K, expenses of $447K, and assets of $4.3M (revenue +7.5% year-over-year).
- 2012: Revenue of $378K, expenses of $360K, and assets of $3.3M (revenue -4.5% year-over-year).
- 2011: Revenue of $395K, expenses of $393K, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mexia Water System Inc:
Data Sources and Methodology
This transparency report for Mexia Water System 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.