St Mary Community Water System Corporation
EIN: 720910107 · Plain Dealing, LA
| Metric | Value |
|---|---|
| Total Revenue | $49K |
| Total Expenses | $59K |
| Net Assets | $92K |
Is St Mary Community Water System Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About St Mary Community Water System Corporation
St Mary Community Water System Corporation (EIN: 720910107) is a nonprofit organization based in Plain Dealing, LA. The organization reported total revenue of $49K and total assets of $112K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Mary Community Water System Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Mary Community Water System Corporation is a micro nonprofit that has been operating for 45 years, with 11 years of IRS 990 filings on record (2010–2020). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $49K |
| Total Expenses | $59K |
| Surplus / Deficit | $-9,586 |
| Total Assets | $112K |
| Total Liabilities | $20K |
| Net Assets | $92K |
| Operating Margin | -19.5% |
| Debt-to-Asset Ratio | 17.7% |
| Months of Reserves | 23.0 months |
Financial Health Grade: B
In 2020, St Mary Community Water System Corporation reported a deficit of $10K with expenses exceeding revenue, holds 23.0 months of operating reserves (strong position), has a debt-to-asset ratio of 17.7% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2020), St Mary Community Water System Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -5.6% | -5.9% | +10.1% |
| 2019 | -3.5% | +20.2% | -9.2% |
| 2018 | +0.1% | +6.4% | +1.8% |
| 2017 | -4.4% | -6.0% | +4.8% |
| 2016 | +9.1% | +12.2% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for St Mary Community Water System Corporation 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 St Mary Community Water System Corporation 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.7%.
Frequently Asked Questions about St Mary Community Water System Corporation
Is St Mary Community Water System Corporation a legitimate charity?
St Mary Community Water System Corporation (EIN: 720910107) is a registered tax-exempt nonprofit based in Louisiana. It has 11 years of IRS 990 filings on record. Total revenue: $49K. No red flags identified. Financial health grade: B.
How does St Mary Community Water System Corporation spend its money?
St Mary Community Water System Corporation reported $49K 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 St Mary Community Water System Corporation tax-deductible?
St Mary Community Water System Corporation is registered as a tax-exempt nonprofit (EIN: 720910107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is St Mary Community Water System Corporation located?
St Mary Community Water System Corporation is headquartered in Plain Dealing, Louisiana and files with the IRS under EIN 720910107.
How many years of IRS 990 filings does St Mary Community Water System Corporation have?
St Mary Community Water System Corporation 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 $49K in total revenue.
Filing History
IRS 990 filing history for St Mary Community Water System Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2020), St Mary Community Water System Corporation's revenue has grown by 1.5%, moving from $48K to $49K. Total assets increased by 12.8% over the same period, from $100K to $112K. Total functional expenses rose by 41%, from $42K to $59K. In its most recent filing year (2020), St Mary Community Water System Corporation reported a deficit of $10K, with expenses exceeding revenue. The organization holds $20K in liabilities against $112K in assets (debt-to-asset ratio: 17.7%), resulting in net assets of $92K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $49K | $59K | $112K | $20K | — | View 990 |
| 2019 | $52K | $62K | $102K | $0 | — | — |
| 2018 | $54K | $52K | $112K | $0 | — | View 990 |
| 2017 | $54K | $49K | $110K | $0 | — | View 990 |
| 2016 | $56K | $52K | $105K | $0 | — | View 990 |
| 2015 | $52K | $46K | $106K | $0 | — | View 990 |
| 2014 | $53K | $60K | $101K | $0 | — | View 990 |
| 2013 | $54K | $51K | $108K | $0 | — | View 990 |
| 2012 | $52K | $43K | $104K | $0 | — | View 990 |
| 2011 | $56K | $53K | $98K | $3K | — | View 990 |
| 2010 | $48K | $42K | $100K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $49K, expenses of $59K, and assets of $112K (revenue -5.6% year-over-year).
- 2019: Revenue of $52K, expenses of $62K, and assets of $102K (revenue -3.5% year-over-year).
- 2018: Revenue of $54K, expenses of $52K, and assets of $112K (revenue +0.1% year-over-year).
- 2017: Revenue of $54K, expenses of $49K, and assets of $110K (revenue -4.4% year-over-year).
- 2016: Revenue of $56K, expenses of $52K, and assets of $105K (revenue +9.1% year-over-year).
- 2015: Revenue of $52K, expenses of $46K, and assets of $106K (revenue -1.9% year-over-year).
- 2014: Revenue of $53K, expenses of $60K, and assets of $101K (revenue -2.7% year-over-year).
- 2013: Revenue of $54K, expenses of $51K, and assets of $108K (revenue +3.3% year-over-year).
- 2012: Revenue of $52K, expenses of $43K, and assets of $104K (revenue -6.6% year-over-year).
- 2011: Revenue of $56K, expenses of $53K, and assets of $98K (revenue +15.9% year-over-year).
- 2010: Revenue of $48K, expenses of $42K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Mary Community Water System Corporation:
Data Sources and Methodology
This transparency report for St Mary Community Water System Corporation 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.