Homewood Water Association
Forest, Mississippi
B+Health Score
74B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$398K
Total Revenue
📊
$333K
Total Expenses
🏦
$1.4M
Net Assets
📋
$577K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+11.5%
Year-over-year change (2023 → 2024)
Net Margin
+16.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.33
Net assets divided by total expenses
Liabilities-to-Assets
28.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $398,313↑11% | $332,579↑4% | $2,017,109↓1% | — |
| 2023 | $357,351↑16% | $318,312↑6% | $2,034,759↑1% | — |
| 2022 | $307,217↑1% | $301,570↑10% | $2,016,836↑17% | — |
| 2021 | $304,584↑2% | $273,120↓15% | $1,722,489↑1% | — |
| 2020 | $297,494↑2% | $323,060↑20% | $1,705,493↓2% | — |
| 2019 | $290,563↑2% | $270,145↑2% | $1,748,484↑1% | — |
| 2018 | $284,743↓1% | $263,853↓1% | $1,735,586 | — |
| 2017 | $287,994↑6% | $266,312↑6% | $1,730,488↑1% | — |
| 2016 | $272,565↑1% | $250,749↓7% | $1,719,845↑1% | — |
| 2015 | $270,165↓6% | $270,109↑10% | $1,710,367 | — |
| 2014 | $285,915↑11% | $244,891↑11% | $1,712,959↑1% | — |
| 2013 | $256,684↓7% | $221,198↓7% | $1,702,987↑3% | — |
| 2012 | $276,546 | $238,113 | $1,659,551 | — |
Frequently Asked Questions
What does Homewood Water Association do?▼
Homewood Water Association is a public & societal benefit nonprofit organization based in Mississippi. It is classified under NTEE code W80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Homewood Water Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Homewood Water Association.
How much revenue does Homewood Water Association generate?▼
Homewood Water Association reports $396K in annual revenue and holds $2.0M in total assets, based on IRS filings.
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