South Mississippi Public Water Authority
EIN: 640466847 · Hattiesburg, MS
| Metric | Value |
|---|---|
| Total Revenue | $341K |
| Total Expenses | $300K |
| Net Assets | $1.8M |
Is South Mississippi Public 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 South Mississippi Public Water Authority
South Mississippi Public Water Authority (EIN: 640466847) is a nonprofit organization based in Hattiesburg, MS. The organization reported total revenue of $341K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Mississippi Public Water Authority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Mississippi Public Water Authority is a small nonprofit that has been operating for 34 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $300K |
| Total Expenses | $300K |
| Surplus / Deficit | +$774 |
| Total Assets | $2.8M |
| Total Liabilities | $1.0M |
| Net Assets | $1.8M |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 36.1% |
| Months of Reserves | 111.7 months |
Financial Health Grade: A
In 2024, South Mississippi Public Water Authority reported a surplus of $774 with revenue exceeding expenses, holds 111.7 months of operating reserves (strong position), has a debt-to-asset ratio of 36.1% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), South Mississippi Public Water Authority's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +20.8% | +17.7% | +0.1% |
| 2023 | -4.5% | -16.8% | +0.0% |
| 2022 | +1.2% | +10.1% | -1.4% |
| 2021 | +5.2% | +0.2% | -2.3% |
| 2020 | +4.0% | +23.4% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Mississippi Public 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 South Mississippi Public 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $774, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.1%.
Frequently Asked Questions about South Mississippi Public Water Authority
Is South Mississippi Public Water Authority a legitimate charity?
South Mississippi Public Water Authority (EIN: 640466847) is a registered tax-exempt nonprofit based in Mississippi. It has 14 years of IRS 990 filings on record. Total revenue: $341K. No red flags identified. Financial health grade: A.
How does South Mississippi Public Water Authority spend its money?
South Mississippi Public Water Authority reported $341K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to South Mississippi Public Water Authority tax-deductible?
South Mississippi Public Water Authority is registered as a tax-exempt nonprofit (EIN: 640466847). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Mississippi Public Water Authority located?
South Mississippi Public Water Authority is headquartered in Hattiesburg, Mississippi and files with the IRS under EIN 640466847.
How many years of IRS 990 filings does South Mississippi Public Water Authority have?
South Mississippi Public Water Authority has 14 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 $341K in total revenue.
Filing History
IRS 990 filing history for South Mississippi Public Water Authority showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), South Mississippi Public Water Authority's revenue has grown by 46.5%, moving from $205K to $300K. Total assets decreased by 12% over the same period, from $3.2M to $2.8M. Total functional expenses rose by 20.5%, from $249K to $300K. In its most recent filing year (2024), South Mississippi Public Water Authority reported a surplus of $774, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $2.8M in assets (debt-to-asset ratio: 36.1%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $300K | $300K | $2.8M | $1.0M | — | — |
| 2023 | $249K | $255K | $2.8M | $1.0M | — | View 990 |
| 2022 | $260K | $306K | $2.8M | $1000K | — | — |
| 2021 | $257K | $278K | $2.8M | $995K | — | View 990 |
| 2020 | $244K | $277K | $2.9M | $1.0M | — | — |
| 2019 | $235K | $225K | $2.9M | $1.0M | — | View 990 |
| 2018 | $237K | $259K | $3.0M | $1.1M | — | View 990 |
| 2017 | $231K | $260K | $2.9M | $1.1M | — | View 990 |
| 2016 | $228K | $257K | $2.9M | $1.1M | — | View 990 |
| 2015 | $209K | $266K | $2.9M | $1.1M | — | View 990 |
| 2014 | $208K | $262K | $3.0M | $1.2M | — | View 990 |
| 2013 | $214K | $259K | $3.1M | $1.1M | — | View 990 |
| 2012 | $226K | $249K | $3.1M | $1.2M | — | View 990 |
| 2011 | $205K | $249K | $3.2M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $300K, expenses of $300K, and assets of $2.8M (revenue +20.8% year-over-year).
- 2023: Revenue of $249K, expenses of $255K, and assets of $2.8M (revenue -4.5% year-over-year).
- 2022: Revenue of $260K, expenses of $306K, and assets of $2.8M (revenue +1.2% year-over-year).
- 2021: Revenue of $257K, expenses of $278K, and assets of $2.8M (revenue +5.2% year-over-year).
- 2020: Revenue of $244K, expenses of $277K, and assets of $2.9M (revenue +4.0% year-over-year).
- 2019: Revenue of $235K, expenses of $225K, and assets of $2.9M (revenue -0.7% year-over-year).
- 2018: Revenue of $237K, expenses of $259K, and assets of $3.0M (revenue +2.3% year-over-year).
- 2017: Revenue of $231K, expenses of $260K, and assets of $2.9M (revenue +1.7% year-over-year).
- 2016: Revenue of $228K, expenses of $257K, and assets of $2.9M (revenue +9.1% year-over-year).
- 2015: Revenue of $209K, expenses of $266K, and assets of $2.9M (revenue +0.4% year-over-year).
- 2014: Revenue of $208K, expenses of $262K, and assets of $3.0M (revenue -2.9% year-over-year).
- 2013: Revenue of $214K, expenses of $259K, and assets of $3.1M (revenue -5.3% year-over-year).
- 2012: Revenue of $226K, expenses of $249K, and assets of $3.1M (revenue +10.2% year-over-year).
- 2011: Revenue of $205K, expenses of $249K, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Mississippi Public Water Authority:
Data Sources and Methodology
This transparency report for South Mississippi Public 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.