Morgan County Rural Water Corporation
Martinsville, Indiana
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,561,281↑5% | $2,153,717↓1% | $20,943,434↑2% | |
| 2022 | $2,443,723↑7% | $2,182,330↑6% | $20,510,361↑3% | — |
| 2021 | $2,278,981↓3% | $2,065,756↑3% | $19,819,585↑6% | — |
| 2020 | $2,339,231↑13% | $2,001,909↓3% | $18,668,926↑3% | — |
| 2019 | $2,077,651↑2% | $2,068,314 | $18,137,143 | — |
| 2018 | $2,036,468↑1% | $2,059,374↑7% | $18,194,454↓1% | — |
| 2017 | $2,006,427↑3% | $1,927,758↓1% | $18,330,218 | — |
| 2016 | $1,953,041↑1% | $1,944,618↑2% | $18,262,961 | — |
| 2015 | $1,935,716 | $1,909,966↑3% | $18,307,732↓1% | — |
| 2014 | $1,945,335↑2% | $1,862,284↑4% | $18,433,290 | — |
| 2013 | $1,903,973↓3% | $1,793,772↓3% | $18,478,538 | — |
| 2012 | $1,970,585↑5% | $1,849,875↑3% | $18,480,121↑1% | — |
| 2011 | $1,878,471 | $1,789,396 | $18,317,846 | — |
Frequently Asked Questions
What does Morgan County Rural Water Corporation do?▼
Morgan County Rural Water Corporation is a unclassified nonprofit organization based in Indiana. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Morgan County Rural Water Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Morgan County Rural Water Corporation has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Morgan County Rural Water Corporation generate?▼
Morgan County Rural Water Corporation reports $2.6M in annual revenue and holds $21.3M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Unclassified category, or browse all nonprofits in Indiana.