Nail Swain Water Assoc
EIN: 710566871 · Deer, AR · NTEE: Y99
| Metric | Value |
|---|---|
| Total Revenue | $224K |
| Total Expenses | $363K |
| Net Assets | $3.8M |
Is Nail Swain Water Assoc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nail Swain Water Assoc
Nail Swain Water Assoc (EIN: 710566871) is a nonprofit organization based in Deer, AR, classified under NTEE code Y99. The organization reported total revenue of $224K and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nail Swain Water Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nail Swain Water Assoc is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $363K |
| Surplus / Deficit | $-141,228 |
| Total Assets | $4.7M |
| Total Liabilities | $849K |
| Net Assets | $3.8M |
| Operating Margin | -63.5% |
| Debt-to-Asset Ratio | 18.1% |
| Months of Reserves | 154.8 months |
Financial Health Grade: B
In 2023, Nail Swain Water Assoc reported a deficit of $141K with expenses exceeding revenue, holds 154.8 months of operating reserves (strong position), has a debt-to-asset ratio of 18.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nail Swain Water Assoc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | +0.6% | -3.8% |
| 2022 | -11.0% | +1.0% | -3.5% |
| 2021 | +13.2% | -2.6% | -2.8% |
| 2020 | +1.5% | +0.8% | -3.5% |
| 2019 | -3.5% | +9.8% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nail Swain Water Assoc 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 Nail Swain Water Assoc 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 $141K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.1%.
Frequently Asked Questions about Nail Swain Water Assoc
Is Nail Swain Water Assoc a legitimate charity?
Nail Swain Water Assoc (EIN: 710566871) is a registered tax-exempt nonprofit based in Arkansas. It has 13 years of IRS 990 filings on record. Total revenue: $224K. No red flags identified. Financial health grade: B.
How does Nail Swain Water Assoc spend its money?
Nail Swain Water Assoc reported $224K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nail Swain Water Assoc tax-deductible?
Nail Swain Water Assoc is registered as a tax-exempt nonprofit (EIN: 710566871). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nail Swain Water Assoc located?
Nail Swain Water Assoc is headquartered in Deer, Arkansas and files with the IRS under EIN 710566871. It is classified under NTEE code Y99.
How many years of IRS 990 filings does Nail Swain Water Assoc have?
Nail Swain Water Assoc 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 $224K in total revenue.
Filing History
IRS 990 filing history for Nail Swain Water Assoc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nail Swain Water Assoc's revenue has grown by 44.6%, moving from $154K to $222K. Total assets increased by 22.6% over the same period, from $3.8M to $4.7M. Total functional expenses rose by 39%, from $261K to $363K. In its most recent filing year (2023), Nail Swain Water Assoc reported a deficit of $141K, with expenses exceeding revenue. The organization holds $849K in liabilities against $4.7M in assets (debt-to-asset ratio: 18.1%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $222K | $363K | $4.7M | $849K | — | — |
| 2022 | $214K | $361K | $4.9M | $894K | — | View 990 |
| 2021 | $240K | $358K | $5.0M | $925K | — | View 990 |
| 2020 | $212K | $368K | $5.2M | $953K | — | — |
| 2019 | $209K | $365K | $5.4M | $984K | — | View 990 |
| 2018 | $217K | $332K | $5.6M | $1.0M | — | View 990 |
| 2017 | $772K | $260K | $5.7M | $1.0M | — | — |
| 2016 | $1.5M | $245K | $5.4M | $1.3M | — | View 990 |
| 2015 | $151K | $254K | $3.5M | $559K | — | View 990 |
| 2014 | $165K | $252K | $3.6M | $569K | — | View 990 |
| 2013 | $162K | $258K | $3.7M | $583K | — | View 990 |
| 2012 | $214K | $250K | $3.8M | $597K | — | View 990 |
| 2011 | $154K | $261K | $3.8M | $607K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $222K, expenses of $363K, and assets of $4.7M (revenue +4.0% year-over-year).
- 2022: Revenue of $214K, expenses of $361K, and assets of $4.9M (revenue -11.0% year-over-year).
- 2021: Revenue of $240K, expenses of $358K, and assets of $5.0M (revenue +13.2% year-over-year).
- 2020: Revenue of $212K, expenses of $368K, and assets of $5.2M (revenue +1.5% year-over-year).
- 2019: Revenue of $209K, expenses of $365K, and assets of $5.4M (revenue -3.5% year-over-year).
- 2018: Revenue of $217K, expenses of $332K, and assets of $5.6M (revenue -71.9% year-over-year).
- 2017: Revenue of $772K, expenses of $260K, and assets of $5.7M (revenue -47.5% year-over-year).
- 2016: Revenue of $1.5M, expenses of $245K, and assets of $5.4M (revenue +874.2% year-over-year).
- 2015: Revenue of $151K, expenses of $254K, and assets of $3.5M (revenue -8.4% year-over-year).
- 2014: Revenue of $165K, expenses of $252K, and assets of $3.6M (revenue +1.5% year-over-year).
- 2013: Revenue of $162K, expenses of $258K, and assets of $3.7M (revenue -24.0% year-over-year).
- 2012: Revenue of $214K, expenses of $250K, and assets of $3.8M (revenue +39.0% year-over-year).
- 2011: Revenue of $154K, expenses of $261K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nail Swain Water Assoc:
Data Sources and Methodology
This transparency report for Nail Swain Water Assoc 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.