Payne County Rural Water Corp 3
EIN: 237433333 · Stillwater, OK
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $4K |
| Net Assets | $193K |
Is Payne County Rural Water Corp 3 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Payne County Rural Water Corp 3
Payne County Rural Water Corp 3 (EIN: 237433333) is a nonprofit organization based in Stillwater, OK. The organization reported total revenue of $2K and total assets of $193K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Payne County Rural Water Corp 3's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Payne County Rural Water Corp 3 is a micro nonprofit that has been operating for 46 years, with 8 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of -13.9%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $4K |
| Surplus / Deficit | $-2,072 |
| Total Assets | $193K |
| Net Assets | $193K |
| Operating Margin | -88.2% |
| Months of Reserves | 523.6 months |
Financial Health Grade: B
In 2019, Payne County Rural Water Corp 3 reported a deficit of $2K with expenses exceeding revenue, holds 523.6 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2012–2019), Payne County Rural Water Corp 3's revenue has declined at a compound annual growth rate (CAGR) of -13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +32.1% | -67.0% | -1.1% |
| 2018 | +30.1% | +249.6% | -5.6% |
| 2017 | -2.6% | -20.3% | -1.2% |
| 2016 | -12.9% | -9.8% | -1.6% |
| 2015 | -73.2% | -93.9% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Payne County Rural Water Corp 3 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 Payne County Rural Water Corp 3 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Payne County Rural Water Corp 3
Is Payne County Rural Water Corp 3 a legitimate charity?
Payne County Rural Water Corp 3 (EIN: 237433333) is a registered tax-exempt nonprofit based in Oklahoma. It has 8 years of IRS 990 filings on record. Total revenue: $2K. No red flags identified. Financial health grade: B.
How does Payne County Rural Water Corp 3 spend its money?
Payne County Rural Water Corp 3 reported $2K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Payne County Rural Water Corp 3 tax-deductible?
Payne County Rural Water Corp 3 is registered as a tax-exempt nonprofit (EIN: 237433333). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Payne County Rural Water Corp 3 located?
Payne County Rural Water Corp 3 is headquartered in Stillwater, Oklahoma and files with the IRS under EIN 237433333.
How many years of IRS 990 filings does Payne County Rural Water Corp 3 have?
Payne County Rural Water Corp 3 has 8 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 $2K in total revenue.
Filing History
IRS 990 filing history for Payne County Rural Water Corp 3 showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Payne County Rural Water Corp 3's revenue has declined by 64.8%, moving from $7K to $2K. Total assets decreased by 67.7% over the same period, from $597K to $193K. Total functional expenses rose by 56.3%, from $3K to $4K. In its most recent filing year (2019), Payne County Rural Water Corp 3 reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $2K | $4K | $193K | $0 | — | View 990 |
| 2018 | $2K | $13K | $195K | $0 | — | View 990 |
| 2017 | $1K | $4K | $207K | $0 | — | View 990 |
| 2016 | $1K | $5K | $209K | $0 | — | View 990 |
| 2015 | $2K | $5K | $212K | $0 | — | View 990 |
| 2014 | $6K | $88K | $216K | $0 | — | View 990 |
| 2013 | $8K | $307K | $298K | $0 | — | View 990 |
| 2012 | $7K | $3K | $597K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $2K, expenses of $4K, and assets of $193K (revenue +32.1% year-over-year).
- 2018: Revenue of $2K, expenses of $13K, and assets of $195K (revenue +30.1% year-over-year).
- 2017: Revenue of $1K, expenses of $4K, and assets of $207K (revenue -2.6% year-over-year).
- 2016: Revenue of $1K, expenses of $5K, and assets of $209K (revenue -12.9% year-over-year).
- 2015: Revenue of $2K, expenses of $5K, and assets of $212K (revenue -73.2% year-over-year).
- 2014: Revenue of $6K, expenses of $88K, and assets of $216K (revenue -28.8% year-over-year).
- 2013: Revenue of $8K, expenses of $307K, and assets of $298K (revenue +26.6% year-over-year).
- 2012: Revenue of $7K, expenses of $3K, and assets of $597K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Payne County Rural Water Corp 3:
Data Sources and Methodology
This transparency report for Payne County Rural Water Corp 3 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.