W โ€” Public & Societal BenefitEIN: 382946726ยท Ruling Year: 1997

Michigan Rural Water Association

Okemos, Michigan

A-Health Score
83A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$2.9M
Total Revenue
๐Ÿ“Š
$2.8M
Total Expenses
๐Ÿฆ
$1.5M
Net Assets
๐Ÿ“‹
$668K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+5.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.53
Net assets divided by total expenses
Liabilities-to-Assets
31.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,911,800โ†‘7%$2,764,915โ†‘10%$2,136,264โ†‘14%
2022$2,731,981โ†‘22%$2,521,252โ†‘17%$1,869,015โ†‘19%
2021$2,238,062โ†‘20%$2,156,222โ†‘22%$1,566,370โ†“1%
2020$1,871,307โ†“20%$1,760,746โ†“15%$1,574,374โ†‘40%
2019$2,329,944โ†‘9%$2,071,020โ†‘5%$1,125,222โ†‘10%
2018$2,135,489โ†‘10%$1,964,098โ†‘4%$1,022,004โ†‘8%
2017$1,949,160โ†‘15%$1,888,079โ†‘19%$944,135โ†‘2%
2016$1,698,205โ†‘2%$1,593,288โ†‘2%$921,558โ†‘16%
2015$1,665,777โ†‘12%$1,569,150โ†‘1%$794,664โ†‘29%
2014$1,490,504โ†‘21%$1,561,116โ†‘10%$616,434โ†‘23%
2013$1,229,823โ†“4%$1,414,132โ†‘9%$501,478โ†“17%
2012$1,277,034โ†“13%$1,291,892โ†“12%$607,809โ†“12%
2011$1,460,412$1,470,742$689,525

Frequently Asked Questions

What does Michigan Rural Water Association do?โ–ผ

Michigan Rural Water Association is a public & societal benefit nonprofit organization based in Michigan. It is classified under NTEE code W038 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Michigan Rural Water Association financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Michigan Rural Water Association has a score of 83/100 (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 Michigan Rural Water Association generate?โ–ผ

Michigan Rural Water Association reports $3.0M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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Michigan Rural Water Association โ€” Okemos, MI | GiveScope