Viewfield Rural Water Associationinc
Rural Water Association consistently spends more than it earns, maintaining high liabilities.
EIN: 205574026 · New Underwood, SD · NTEE: W80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $178K |
| Program Spending | 90% |
| Net Assets | $-321,701 |
| Transparency Score | 70/100 |
Is Viewfield Rural Water Associationinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Viewfield Rural Water Associationinc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Viewfield Rural Water Associationinc
Viewfield Rural Water Associationinc (EIN: 205574026) is a nonprofit organization based in New Underwood, SD, classified under NTEE code W80. The organization reported total revenue of $179K and total assets of $529K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Viewfield Rural Water Associationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Viewfield Rural Water Associationinc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $163K |
| Total Expenses | $178K |
| Surplus / Deficit | $-15,542 |
| Total Assets | $572K |
| Total Liabilities | $894K |
| Net Assets | $-321,701 |
| Operating Margin | -9.6% |
| Debt-to-Asset Ratio | 156.2% |
| Months of Reserves | 38.5 months |
Financial Health Grade: C
In 2023, Viewfield Rural Water Associationinc reported a deficit of $16K with expenses exceeding revenue, holds 38.5 months of operating reserves (strong position), has a debt-to-asset ratio of 156.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Viewfield Rural Water Associationinc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.2% | -9.0% | -5.6% |
| 2022 | -12.9% | -0.4% | -13.8% |
| 2021 | -1.5% | +5.5% | -3.5% |
| 2020 | +49.5% | +8.8% | -0.4% |
| 2019 | -52.5% | +-0.0% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Viewfield Rural Water Associationinc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Viewfield Rural Water Associationinc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 156.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers either serve on a volunteer basis or receive no reportable compensation, which is highly efficient for an organization of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Viewfield Rural Water Associationinc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in multiple years, such as 2023 ($178,275 expenses vs. $162,733 revenue) and 2022 ($196,003 expenses vs. $164,682 revenue).
- High liabilities relative to assets, with liabilities consistently exceeding assets (e.g., $893,662 liabilities vs. $571,961 assets in 2023), which could indicate significant debt burden.
Strengths
The following positive indicators were identified for Viewfield Rural Water Associationinc:
- Zero reported officer compensation across all filings, indicating highly efficient administrative costs related to executive pay.
- Provides an essential community service (rural water) directly aligned with its NTEE code (W80).
- Consistent filing history (13 filings) demonstrates good transparency and compliance with IRS reporting requirements.
Frequently Asked Questions about Viewfield Rural Water Associationinc
Is Viewfield Rural Water Associationinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Viewfield Rural Water Associationinc (EIN: 205574026) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Viewfield Rural Water Associationinc spend its money?
Viewfield Rural Water Associationinc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Viewfield Rural Water Associationinc tax-deductible?
Viewfield Rural Water Associationinc is registered as a tax-exempt nonprofit (EIN: 205574026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Viewfield Rural Water Associationinc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Viewfield Rural Water Associationinc is above average for NTEE category W80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Viewfield Rural Water Associationinc located?
Viewfield Rural Water Associationinc is headquartered in New Underwood, South Dakota and files with the IRS under EIN 205574026. It is classified under NTEE code W80.
How many years of IRS 990 filings does Viewfield Rural Water Associationinc have?
Viewfield Rural Water Associationinc 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 $179K in total revenue.
How does Viewfield Rural Water Association Inc. cover its consistent operating deficits?
The organization frequently reports expenses exceeding revenue (e.g., $178,275 expenses vs. $162,733 revenue in 2023). This suggests they may be drawing from reserves, utilizing grants, or incurring debt to cover operational costs. The high liabilities ($893,662 in 2023) could be related to long-term infrastructure loans or other financing mechanisms.
What is the nature of the high liabilities reported by the organization?
With liabilities consistently exceeding assets (e.g., $893,662 liabilities vs. $571,961 assets in 2023), it's crucial to understand if these are primarily long-term debts for infrastructure development and maintenance, which is common for utility-type organizations, or other forms of debt that could pose a financial risk.
Does the organization have sufficient reserves to ensure long-term sustainability?
Given the consistent trend of expenses exceeding revenue and the high liabilities, the adequacy of the organization's reserves or unrestricted net assets is a key question for its long-term financial stability. Without detailed balance sheet information, it's hard to determine if they have enough liquid assets to manage future operational needs or unexpected expenses.
Filing History
IRS 990 filing history for Viewfield Rural Water Associationinc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Viewfield Rural Water Associationinc's revenue has grown by 77.2%, moving from $92K to $163K. Total assets decreased by 30.8% over the same period, from $827K to $572K. Total functional expenses rose by 26.4%, from $141K to $178K. In its most recent filing year (2023), Viewfield Rural Water Associationinc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $894K in liabilities against $572K in assets (debt-to-asset ratio: 156.2%), resulting in net assets of $-321,701.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $178K | $572K | $894K | — | View 990 |
| 2022 | $165K | $196K | $606K | $912K | — | View 990 |
| 2021 | $189K | $197K | $703K | $978K | — | View 990 |
| 2020 | $192K | $187K | $728K | $995K | — | — |
| 2019 | $128K | $171K | $731K | $1.0M | — | View 990 |
| 2018 | $270K | $172K | $790K | $1.0M | — | View 990 |
| 2017 | $216K | $178K | $662K | $990K | — | View 990 |
| 2016 | $135K | $148K | $640K | $1.0M | — | View 990 |
| 2015 | $108K | $133K | $666K | $1.0M | — | View 990 |
| 2014 | $104K | $136K | $705K | $1.0M | — | View 990 |
| 2013 | $127K | $157K | $750K | $1.0M | — | View 990 |
| 2012 | $127K | $151K | $792K | $1.1M | — | View 990 |
| 2011 | $92K | $141K | $827K | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $178K, and assets of $572K (revenue -1.2% year-over-year).
- 2022: Revenue of $165K, expenses of $196K, and assets of $606K (revenue -12.9% year-over-year).
- 2021: Revenue of $189K, expenses of $197K, and assets of $703K (revenue -1.5% year-over-year).
- 2020: Revenue of $192K, expenses of $187K, and assets of $728K (revenue +49.5% year-over-year).
- 2019: Revenue of $128K, expenses of $171K, and assets of $731K (revenue -52.5% year-over-year).
- 2018: Revenue of $270K, expenses of $172K, and assets of $790K (revenue +25.4% year-over-year).
- 2017: Revenue of $216K, expenses of $178K, and assets of $662K (revenue +59.2% year-over-year).
- 2016: Revenue of $135K, expenses of $148K, and assets of $640K (revenue +26.0% year-over-year).
- 2015: Revenue of $108K, expenses of $133K, and assets of $666K (revenue +3.1% year-over-year).
- 2014: Revenue of $104K, expenses of $136K, and assets of $705K (revenue -18.0% year-over-year).
- 2013: Revenue of $127K, expenses of $157K, and assets of $750K (revenue -0.1% year-over-year).
- 2012: Revenue of $127K, expenses of $151K, and assets of $792K (revenue +38.6% year-over-year).
- 2011: Revenue of $92K, expenses of $141K, and assets of $827K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Viewfield Rural Water Associationinc:
Data Sources and Methodology
This transparency report for Viewfield Rural Water Associationinc 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.