Mt Gilead Improve Water Association
EIN: 640755239 · Columbia, MS · NTEE: W80
Is Mt Gilead Improve Water Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mt Gilead Improve Water Association
Mt Gilead Improve Water Association (EIN: 640755239) is a nonprofit organization based in Columbia, MS, classified under NTEE code W80. The organization reported total revenue of $540K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Gilead Improve Water Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Mt Gilead Improve Water Association 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 Mt Gilead Improve Water Association 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.
Frequently Asked Questions about Mt Gilead Improve Water Association
Is Mt Gilead Improve Water Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Mt Gilead Improve Water Association (EIN: 640755239) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mt Gilead Improve Water Association spend its money?
Detailed spending breakdown data is not yet available for Mt Gilead Improve Water Association. Check back for updated IRS 990 analysis.
Are donations to Mt Gilead Improve Water Association tax-deductible?
Mt Gilead Improve Water Association is registered as a tax-exempt nonprofit (EIN: 640755239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Mt Gilead Improve Water Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2009–2023), Mt Gilead Improve Water Association's revenue has grown by 70.3%, moving from $249K to $424K. Total assets increased by 356.8% over the same period, from $741K to $3.4M. Total functional expenses rose by 102.3%, from $224K to $454K. In its most recent filing year (2023), Mt Gilead Improve Water Association reported a deficit of $29K, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $3.4M in assets (debt-to-asset ratio: 56.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $424K | $454K | $3.4M | $1.9M | — | View 990 |
| 2022 | $421K | $481K | $3.5M | $2.0M | — | View 990 |
| 2021 | $408K | $516K | $3.6M | $2.0M | — | View 990 |
| 2020 | $385K | $489K | $3.8M | $2.1M | — | — |
| 2019 | $577K | $446K | $3.9M | $2.2M | — | View 990 |
| 2018 | $400K | $359K | $3.9M | $2.9M | — | View 990 |
| 2017 | $724K | $341K | $2.8M | $1.9M | — | View 990 |
| 2016 | $307K | $343K | $1.7M | $1.1M | — | — |
| 2012 | $328K | $313K | $848K | $317K | — | View 990 |
| 2011 | $353K | $270K | $853K | $339K | — | View 990 |
| 2010 | $287K | $199K | $803K | $363K | — | View 990 |
| 2009 | $249K | $224K | $741K | $389K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $424K, expenses of $454K, and assets of $3.4M (revenue +0.8% year-over-year).
- 2022: Revenue of $421K, expenses of $481K, and assets of $3.5M (revenue +3.2% year-over-year).
- 2021: Revenue of $408K, expenses of $516K, and assets of $3.6M (revenue +5.9% year-over-year).
- 2020: Revenue of $385K, expenses of $489K, and assets of $3.8M (revenue -33.3% year-over-year).
- 2019: Revenue of $577K, expenses of $446K, and assets of $3.9M (revenue +44.4% year-over-year).
- 2018: Revenue of $400K, expenses of $359K, and assets of $3.9M (revenue -44.8% year-over-year).
- 2017: Revenue of $724K, expenses of $341K, and assets of $2.8M (revenue +136.1% year-over-year).
- 2016: Revenue of $307K, expenses of $343K, and assets of $1.7M (revenue -6.5% year-over-year).
- 2012: Revenue of $328K, expenses of $313K, and assets of $848K (revenue -7.0% year-over-year).
- 2011: Revenue of $353K, expenses of $270K, and assets of $853K (revenue +22.8% year-over-year).
- 2010: Revenue of $287K, expenses of $199K, and assets of $803K (revenue +15.3% year-over-year).
- 2009: Revenue of $249K, expenses of $224K, and assets of $741K.
Data Sources and Methodology
This transparency report for Mt Gilead Improve 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.