Y โ€” Mutual & Membership BenefitEIN: 371409691ยท Ruling Year: 2011

North Morgan Water Cooperative

Jacksonville, Illinois

DHealth Score
29D

Financial Health Score

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

Poor

๐Ÿ’ฐ
$860K
Total Revenue
๐Ÿ“Š
$928K
Total Expenses
๐Ÿฆ
$3.4M
Net Assets
๐Ÿ“‹
$7.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.5%
Year-over-year change (2021 โ†’ 2022)
Net Margin
-7.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.69
Net assets divided by total expenses
Liabilities-to-Assets
67.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$860,187โ†“17%$927,628โ†‘11%$10,468,268โ†“1%
2021$1,042,458โ†“20%$833,130โ†‘8%$10,542,023โ†‘1%
2020$1,300,049โ†‘70%$774,007โ†“1%$10,400,264โ†‘9%
2019$764,756โ†‘1%$784,691โ†“3%$9,568,527โ†‘7%
2018$753,835โ†“50%$805,130โ†‘8%$8,917,561โ†“1%
2017$1,502,347โ†‘42%$745,017โ†‘13%$9,014,336โ†‘7%
2016$1,059,215โ†‘78%$660,721โ†‘5%$8,442,214โ†‘10%
2015$595,198โ†‘8%$627,339โ†‘5%$7,662,589โ†‘28%
2014$550,016โ†‘30%$598,560โ†‘27%$5,967,092โ†‘5%
2013$423,446โ†‘1%$470,082โ†‘20%$5,658,115โ†‘16%
2012$421,297โ†‘7%$392,772$4,878,896โ†‘10%
2011$392,013$393,392$4,437,832

Frequently Asked Questions

What does North Morgan Water Cooperative do?โ–ผ

North Morgan Water Cooperative is a mutual & membership benefit nonprofit organization based in Illinois. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is North Morgan Water Cooperative financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for North Morgan Water Cooperative.

How much revenue does North Morgan Water Cooperative generate?โ–ผ

North Morgan Water Cooperative reports $967K in annual revenue and holds $10.0M in total assets, based on IRS filings.

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North Morgan Water Cooperative โ€” Jacksonville, IL | GiveScope