Water Works Assn Inc Slatespring
EIN: 646036966 · Calhoun City, MS
Is Water Works Assn Inc Slatespring Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Water Works Assn Inc Slatespring
Water Works Assn Inc Slatespring (EIN: 646036966) is a nonprofit organization based in Calhoun City, MS. The organization reported total revenue of $71K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Water Works Assn Inc Slatespring's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Water Works Assn Inc Slatespring is a micro nonprofit that has been operating for 58 years.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $49K |
| Surplus / Deficit | +$21K |
| Total Assets | $129K |
| Total Liabilities | $17K |
| Net Assets | $112K |
| Operating Margin | 29.6% |
| Debt-to-Asset Ratio | 13.3% |
| Months of Reserves | 31.6 months |
Financial Health Grade: A
In 2024, Water Works Assn Inc Slatespring reported a surplus of $21K with revenue exceeding expenses, holds 31.6 months of operating reserves (strong position), has a debt-to-asset ratio of 13.3% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Water Works Assn Inc Slatespring 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 Water Works Assn Inc Slatespring 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.3%.
Frequently Asked Questions about Water Works Assn Inc Slatespring
Is Water Works Assn Inc Slatespring a legitimate charity?
Based on AI analysis of IRS 990 filings, Water Works Assn Inc Slatespring (EIN: 646036966) insufficient data. 0 red flags identified, 0 strengths noted.
How does Water Works Assn Inc Slatespring spend its money?
Detailed spending breakdown data is not yet available for Water Works Assn Inc Slatespring. Check back for updated IRS 990 analysis.
Are donations to Water Works Assn Inc Slatespring tax-deductible?
Water Works Assn Inc Slatespring is registered as a tax-exempt nonprofit (EIN: 646036966). 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 Water Works Assn Inc Slatespring showing financial trends over 1 year of public records:
In its most recent filing year (2024), Water Works Assn Inc Slatespring reported a surplus of $21K, with revenue exceeding expenses. The organization holds $17K in liabilities against $129K in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $112K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $69K | $49K | $129K | $17K | — | — |
Data Sources and Methodology
This transparency report for Water Works Assn Inc Slatespring 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.