Union Water Association
EIN: 640686269 · Puckett, MS · NTEE: W80
| Metric | Value |
|---|---|
| Total Revenue | $340K |
| Total Expenses | $123K |
| Net Assets | $-2,953 |
Is Union 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 Union Water Association
Union Water Association (EIN: 640686269) is a nonprofit organization based in Puckett, MS, classified under NTEE code W80. The organization reported total revenue of $340K and total assets of $542K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Water Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Union Water Association is a small nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $137K |
| Total Expenses | $123K |
| Surplus / Deficit | +$14K |
| Total Assets | $382K |
| Total Liabilities | $385K |
| Net Assets | $-2,953 |
| Operating Margin | 10.2% |
| Debt-to-Asset Ratio | 100.8% |
| Months of Reserves | 37.3 months |
Financial Health Grade: A
In 2022, Union Water Association reported a surplus of $14K with revenue exceeding expenses, holds 37.3 months of operating reserves (strong position), has a debt-to-asset ratio of 100.8% (high leverage).
Financial Trends
Over 10 years of filings (2013–2022), Union Water Association's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +12.5% | -1.1% | -4.0% |
| 2021 | -6.9% | -15.4% | -9.8% |
| 2020 | -7.2% | +1.0% | -13.4% |
| 2019 | +20.4% | +9.1% | -8.4% |
| 2018 | +10.2% | -7.8% | -10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Union 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 Union 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.8%.
Frequently Asked Questions about Union Water Association
Is Union Water Association a legitimate charity?
Union Water Association (EIN: 640686269) is a registered tax-exempt nonprofit based in Mississippi. It has 10 years of IRS 990 filings on record. Total revenue: $340K. No red flags identified. Financial health grade: A.
How does Union Water Association spend its money?
Union Water Association reported $340K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Union Water Association tax-deductible?
Union Water Association is registered as a tax-exempt nonprofit (EIN: 640686269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Union Water Association located?
Union Water Association is headquartered in Puckett, Mississippi and files with the IRS under EIN 640686269. It is classified under NTEE code W80.
How many years of IRS 990 filings does Union Water Association have?
Union Water Association has 10 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 $340K in total revenue.
Filing History
IRS 990 filing history for Union Water Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Union Water Association's revenue has grown by 33.3%, moving from $103K to $137K. Total assets increased by 26% over the same period, from $303K to $382K. Total functional expenses rose by 50.9%, from $81K to $123K. In its most recent filing year (2022), Union Water Association reported a surplus of $14K, with revenue exceeding expenses. The organization holds $385K in liabilities against $382K in assets (debt-to-asset ratio: 100.8%), resulting in net assets of $-2,953.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $137K | $123K | $382K | $385K | — | — |
| 2021 | $122K | $124K | $398K | $415K | — | View 990 |
| 2020 | $131K | $147K | $441K | $455K | — | — |
| 2019 | $141K | $145K | $509K | $507K | — | View 990 |
| 2018 | $117K | $133K | $555K | $549K | — | View 990 |
| 2017 | $106K | $145K | $617K | $595K | — | View 990 |
| 2016 | $105K | $146K | $699K | $637K | — | View 990 |
| 2015 | $108K | $123K | $782K | $680K | — | View 990 |
| 2014 | $127K | $88K | $322K | $173K | — | View 990 |
| 2013 | $103K | $81K | $303K | $192K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $137K, expenses of $123K, and assets of $382K (revenue +12.5% year-over-year).
- 2021: Revenue of $122K, expenses of $124K, and assets of $398K (revenue -6.9% year-over-year).
- 2020: Revenue of $131K, expenses of $147K, and assets of $441K (revenue -7.2% year-over-year).
- 2019: Revenue of $141K, expenses of $145K, and assets of $509K (revenue +20.4% year-over-year).
- 2018: Revenue of $117K, expenses of $133K, and assets of $555K (revenue +10.2% year-over-year).
- 2017: Revenue of $106K, expenses of $145K, and assets of $617K (revenue +0.8% year-over-year).
- 2016: Revenue of $105K, expenses of $146K, and assets of $699K (revenue -2.6% year-over-year).
- 2015: Revenue of $108K, expenses of $123K, and assets of $782K (revenue -15.1% year-over-year).
- 2014: Revenue of $127K, expenses of $88K, and assets of $322K (revenue +23.8% year-over-year).
- 2013: Revenue of $103K, expenses of $81K, and assets of $303K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Union Water Association:
Data Sources and Methodology
This transparency report for Union 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.