ZUnclassifiedEIN: 640475693· Ruling Year: 1989

Farmington Water Association

Corinth, Mississippi

BHealth Score
56B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.83×
Peer Median15.40×
💰
$1.1M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$2.3M
Net Assets
📋
$2.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.8%
Year-over-year change (2021 → 2023)
Net Margin
-11.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.83
Net assets divided by total expenses
Liabilities-to-Assets
49.3%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$1,113,7499%$1,243,01227%$4,495,148
2021$1,023,5993%$980,1471%$4,489,31318%
2020$992,7682%$988,5885%$3,806,3911%
2019$977,59332%$941,6496%$3,863,9862%
2018$1,427,39254%$889,5286%$3,924,61511%
2017$926,2638%$950,31410%$3,539,9797%
2016$859,2311%$866,5365%$3,792,0705%
2015$853,9672%$823,9201%$3,995,0064%
2014$871,1015%$811,788$4,149,3963%
2013$916,67416%$812,409$4,271,6131%
2012$791,646$815,655$4,335,331

Frequently Asked Questions

What does Farmington Water Association do?

Farmington Water Association is a unclassified nonprofit organization based in Mississippi. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Farmington Water Association financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Farmington Water Association.

How much revenue does Farmington Water Association generate?

Farmington Water Association reports $2.0M in annual revenue and holds $4.3M in total assets, based on IRS filings.

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