Sugar Creek Water Association
EIN: 640473677 · Kosciusko, MS
Is Sugar Creek Water Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sugar Creek Water Association
Sugar Creek Water Association (EIN: 640473677) is a nonprofit organization based in Kosciusko, MS. The organization reported total revenue of $103K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sugar Creek Water Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sugar Creek Water Association is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $94K |
| Surplus / Deficit | +$18K |
| Total Assets | $57K |
| Net Assets | $57K |
| Operating Margin | 15.8% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2023, Sugar Creek Water Association reported a surplus of $18K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sugar Creek Water Association's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.2% | -58.0% | +121.7% |
| 2022 | +714.9% | +249.9% | -80.5% |
| 2021 | -32.5% | +43.8% | -25.4% |
| 2020 | +18.9% | +16.7% | -8.3% |
| 2019 | -21.2% | +34.4% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sugar Creek Water Association 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 Sugar Creek Water Association 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 surplus of $18K, with revenue exceeding expenses.
Frequently Asked Questions about Sugar Creek Water Association
Is Sugar Creek Water Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Sugar Creek Water Association (EIN: 640473677) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sugar Creek Water Association spend its money?
Detailed spending breakdown data is not yet available for Sugar Creek Water Association. Check back for updated IRS 990 analysis.
Are donations to Sugar Creek Water Association tax-deductible?
Sugar Creek Water Association is registered as a tax-exempt nonprofit (EIN: 640473677). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Sugar Creek Water Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sugar Creek Water Association's revenue has grown by 280.8%, moving from $29K to $112K. Total assets decreased by 68.1% over the same period, from $178K to $57K. Total functional expenses rose by 335.5%, from $22K to $94K. In its most recent filing year (2023), Sugar Creek Water Association reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $94K | $57K | $0 | — | View 990 |
| 2022 | $158K | $224K | $26K | $0 | — | View 990 |
| 2021 | $19K | $64K | $131K | $0 | — | View 990 |
| 2020 | $29K | $45K | $176K | $0 | — | View 990 |
| 2019 | $24K | $38K | $192K | $0 | — | View 990 |
| 2018 | $31K | $28K | $206K | $0 | — | View 990 |
| 2017 | $46K | $29K | $204K | $0 | — | View 990 |
| 2016 | $19K | $27K | $187K | $0 | — | View 990 |
| 2015 | $28K | $23K | $195K | $0 | — | View 990 |
| 2014 | $28K | $21K | $190K | $0 | — | View 990 |
| 2013 | $25K | $31K | $183K | $0 | — | View 990 |
| 2012 | $33K | $22K | $0 | $0 | — | View 990 |
| 2011 | $29K | $22K | $178K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $94K, and assets of $57K (revenue -29.2% year-over-year).
- 2022: Revenue of $158K, expenses of $224K, and assets of $26K (revenue +714.9% year-over-year).
- 2021: Revenue of $19K, expenses of $64K, and assets of $131K (revenue -32.5% year-over-year).
- 2020: Revenue of $29K, expenses of $45K, and assets of $176K (revenue +18.9% year-over-year).
- 2019: Revenue of $24K, expenses of $38K, and assets of $192K (revenue -21.2% year-over-year).
- 2018: Revenue of $31K, expenses of $28K, and assets of $206K (revenue -33.8% year-over-year).
- 2017: Revenue of $46K, expenses of $29K, and assets of $204K (revenue +149.0% year-over-year).
- 2016: Revenue of $19K, expenses of $27K, and assets of $187K (revenue -32.5% year-over-year).
- 2015: Revenue of $28K, expenses of $23K, and assets of $195K (revenue -3.2% year-over-year).
- 2014: Revenue of $28K, expenses of $21K, and assets of $190K (revenue +15.4% year-over-year).
- 2013: Revenue of $25K, expenses of $31K, and assets of $183K (revenue -24.7% year-over-year).
- 2012: Revenue of $33K, expenses of $22K, and assets of $0 (revenue +11.2% year-over-year).
- 2011: Revenue of $29K, expenses of $22K, and assets of $178K.
Data Sources and Methodology
This transparency report for Sugar Creek Water Association 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.