North Dearborn Water Authority
EIN: 351548812 · West Harrison, IN
| Metric | Value |
|---|---|
| Total Revenue | $837K |
| Total Expenses | $885K |
| Net Assets | $2.6M |
Is North Dearborn Water Authority Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Dearborn Water Authority
North Dearborn Water Authority (EIN: 351548812) is a nonprofit organization based in West Harrison, IN. The organization reported total revenue of $837K and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Dearborn Water Authority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Dearborn Water Authority is a small nonprofit that has been operating for 37 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $837K |
| Total Expenses | $885K |
| Surplus / Deficit | $-48,024 |
| Total Assets | $7.1M |
| Total Liabilities | $4.5M |
| Net Assets | $2.6M |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 63.6% |
| Months of Reserves | 96.5 months |
Financial Health Grade: C
In 2021, North Dearborn Water Authority reported a deficit of $48K with expenses exceeding revenue, holds 96.5 months of operating reserves (strong position), has a debt-to-asset ratio of 63.6% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), North Dearborn Water Authority's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +0.1% | +7.6% | +0.0% |
| 2020 | -0.2% | +3.0% | +0.7% |
| 2019 | +3.4% | -0.9% | +0.1% |
| 2018 | -5.4% | -5.2% | +-0.0% |
| 2017 | +4.1% | +6.3% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Dearborn Water Authority 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 North Dearborn Water Authority 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $48K, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.6%.
Frequently Asked Questions about North Dearborn Water Authority
Is North Dearborn Water Authority a legitimate charity?
North Dearborn Water Authority (EIN: 351548812) is a registered tax-exempt nonprofit based in Indiana. It has 11 years of IRS 990 filings on record. Total revenue: $837K. No red flags identified. Financial health grade: C.
How does North Dearborn Water Authority spend its money?
North Dearborn Water Authority reported $837K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to North Dearborn Water Authority tax-deductible?
North Dearborn Water Authority is registered as a tax-exempt nonprofit (EIN: 351548812). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Dearborn Water Authority located?
North Dearborn Water Authority is headquartered in West Harrison, Indiana and files with the IRS under EIN 351548812.
How many years of IRS 990 filings does North Dearborn Water Authority have?
North Dearborn Water Authority has 11 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 $837K in total revenue.
Filing History
IRS 990 filing history for North Dearborn Water Authority showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), North Dearborn Water Authority's revenue has declined by 0.5%, moving from $841K to $837K. Total assets increased by 9.5% over the same period, from $6.5M to $7.1M. Total functional expenses rose by 26.3%, from $701K to $885K. In its most recent filing year (2021), North Dearborn Water Authority reported a deficit of $48K, with expenses exceeding revenue. The organization holds $4.5M in liabilities against $7.1M in assets (debt-to-asset ratio: 63.6%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $837K | $885K | $7.1M | $4.5M | — | View 990 |
| 2020 | $836K | $822K | $7.1M | $4.5M | — | — |
| 2019 | $838K | $799K | $7.1M | $4.4M | — | View 990 |
| 2018 | $810K | $806K | $7.1M | $3.4M | — | View 990 |
| 2017 | $857K | $849K | $7.1M | $1.9M | — | View 990 |
| 2016 | $823K | $799K | $7.1M | $2.0M | — | View 990 |
| 2015 | $866K | $747K | $7.7M | $2.6M | — | View 990 |
| 2014 | $800K | $737K | $6.3M | $1.4M | — | View 990 |
| 2013 | $1.4M | $691K | $6.5M | $1.6M | — | View 990 |
| 2012 | $852K | $717K | $6.5M | $2.2M | — | View 990 |
| 2011 | $841K | $701K | $6.5M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $837K, expenses of $885K, and assets of $7.1M (revenue +0.1% year-over-year).
- 2020: Revenue of $836K, expenses of $822K, and assets of $7.1M (revenue -0.2% year-over-year).
- 2019: Revenue of $838K, expenses of $799K, and assets of $7.1M (revenue +3.4% year-over-year).
- 2018: Revenue of $810K, expenses of $806K, and assets of $7.1M (revenue -5.4% year-over-year).
- 2017: Revenue of $857K, expenses of $849K, and assets of $7.1M (revenue +4.1% year-over-year).
- 2016: Revenue of $823K, expenses of $799K, and assets of $7.1M (revenue -4.9% year-over-year).
- 2015: Revenue of $866K, expenses of $747K, and assets of $7.7M (revenue +8.2% year-over-year).
- 2014: Revenue of $800K, expenses of $737K, and assets of $6.3M (revenue -41.6% year-over-year).
- 2013: Revenue of $1.4M, expenses of $691K, and assets of $6.5M (revenue +60.8% year-over-year).
- 2012: Revenue of $852K, expenses of $717K, and assets of $6.5M (revenue +1.3% year-over-year).
- 2011: Revenue of $841K, expenses of $701K, and assets of $6.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Dearborn Water Authority:
Data Sources and Methodology
This transparency report for North Dearborn Water Authority 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.