Turkey Creek Water System Inc
EIN: 721331010 · Gilbert, LA · NTEE: C320
| Metric | Value |
|---|---|
| Total Revenue | $492K |
| Total Expenses | $529K |
| Net Assets | $2.5M |
Is Turkey Creek Water System Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Turkey Creek Water System Inc
Turkey Creek Water System Inc (EIN: 721331010) is a nonprofit organization based in Gilbert, LA, classified under NTEE code C320. The organization reported total revenue of $492K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Turkey Creek Water System Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Turkey Creek Water System Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $564K |
| Total Expenses | $529K |
| Surplus / Deficit | +$36K |
| Total Assets | $3.9M |
| Total Liabilities | $1.4M |
| Net Assets | $2.5M |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 36.2% |
| Months of Reserves | 88.7 months |
Financial Health Grade: A
In 2023, Turkey Creek Water System Inc reported a surplus of $36K with revenue exceeding expenses, holds 88.7 months of operating reserves (strong position), has a debt-to-asset ratio of 36.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Turkey Creek Water System Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +132.7% | +64.3% | +68.6% |
| 2022 | +0.7% | +6.4% | -3.4% |
| 2021 | -2.0% | +3.0% | -3.2% |
| 2020 | -0.9% | +2.2% | -2.4% |
| 2019 | -4.2% | +0.1% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Turkey Creek Water System Inc 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 Turkey Creek Water System Inc 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 $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.2%.
Frequently Asked Questions about Turkey Creek Water System Inc
Is Turkey Creek Water System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Turkey Creek Water System Inc (EIN: 721331010) insufficient data. 0 red flags identified, 0 strengths noted.
How does Turkey Creek Water System Inc spend its money?
Detailed spending breakdown data is not yet available for Turkey Creek Water System Inc. Check back for updated IRS 990 analysis.
Are donations to Turkey Creek Water System Inc tax-deductible?
Turkey Creek Water System Inc is registered as a tax-exempt nonprofit (EIN: 721331010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Turkey Creek Water System Inc located?
Turkey Creek Water System Inc is headquartered in Gilbert, Louisiana and files with the IRS under EIN 721331010. It is classified under NTEE code C320.
How many years of IRS 990 filings does Turkey Creek Water System Inc have?
Turkey Creek Water System Inc has 13 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 $492K in total revenue.
Filing History
IRS 990 filing history for Turkey Creek Water System Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Turkey Creek Water System Inc's revenue has grown by 144.9%, moving from $231K to $564K. Total assets increased by 38.8% over the same period, from $2.8M to $3.9M. Total functional expenses rose by 156.4%, from $206K to $529K. In its most recent filing year (2023), Turkey Creek Water System Inc reported a surplus of $36K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $3.9M in assets (debt-to-asset ratio: 36.2%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $564K | $529K | $3.9M | $1.4M | — | View 990 |
| 2022 | $243K | $322K | $2.3M | $617K | — | View 990 |
| 2021 | $241K | $302K | $2.4M | $621K | — | View 990 |
| 2020 | $246K | $294K | $2.5M | $640K | — | — |
| 2019 | $248K | $288K | $2.5M | $629K | — | View 990 |
| 2018 | $259K | $287K | $2.6M | $646K | — | View 990 |
| 2017 | $226K | $292K | $2.6M | $660K | — | View 990 |
| 2016 | $248K | $252K | $2.7M | $677K | — | View 990 |
| 2015 | $243K | $250K | $2.7M | $693K | — | View 990 |
| 2014 | $236K | $252K | $2.8M | $703K | — | View 990 |
| 2013 | $223K | $239K | $2.8M | $718K | — | View 990 |
| 2012 | $237K | $226K | $2.8M | $726K | — | View 990 |
| 2011 | $231K | $206K | $2.8M | $738K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $564K, expenses of $529K, and assets of $3.9M (revenue +132.7% year-over-year).
- 2022: Revenue of $243K, expenses of $322K, and assets of $2.3M (revenue +0.7% year-over-year).
- 2021: Revenue of $241K, expenses of $302K, and assets of $2.4M (revenue -2.0% year-over-year).
- 2020: Revenue of $246K, expenses of $294K, and assets of $2.5M (revenue -0.9% year-over-year).
- 2019: Revenue of $248K, expenses of $288K, and assets of $2.5M (revenue -4.2% year-over-year).
- 2018: Revenue of $259K, expenses of $287K, and assets of $2.6M (revenue +14.4% year-over-year).
- 2017: Revenue of $226K, expenses of $292K, and assets of $2.6M (revenue -8.6% year-over-year).
- 2016: Revenue of $248K, expenses of $252K, and assets of $2.7M (revenue +1.8% year-over-year).
- 2015: Revenue of $243K, expenses of $250K, and assets of $2.7M (revenue +3.2% year-over-year).
- 2014: Revenue of $236K, expenses of $252K, and assets of $2.8M (revenue +5.6% year-over-year).
- 2013: Revenue of $223K, expenses of $239K, and assets of $2.8M (revenue -5.7% year-over-year).
- 2012: Revenue of $237K, expenses of $226K, and assets of $2.8M (revenue +2.7% year-over-year).
- 2011: Revenue of $231K, expenses of $206K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Turkey Creek Water System Inc:
Data Sources and Methodology
This transparency report for Turkey Creek Water System Inc 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.