Michigan Rural Water Association
Okemos, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,911,800โ7% | $2,764,915โ10% | $2,136,264โ14% | |
| 2022 | $2,731,981โ22% | $2,521,252โ17% | $1,869,015โ19% | โ |
| 2021 | $2,238,062โ20% | $2,156,222โ22% | $1,566,370โ1% | โ |
| 2020 | $1,871,307โ20% | $1,760,746โ15% | $1,574,374โ40% | โ |
| 2019 | $2,329,944โ9% | $2,071,020โ5% | $1,125,222โ10% | โ |
| 2018 | $2,135,489โ10% | $1,964,098โ4% | $1,022,004โ8% | โ |
| 2017 | $1,949,160โ15% | $1,888,079โ19% | $944,135โ2% | โ |
| 2016 | $1,698,205โ2% | $1,593,288โ2% | $921,558โ16% | โ |
| 2015 | $1,665,777โ12% | $1,569,150โ1% | $794,664โ29% | โ |
| 2014 | $1,490,504โ21% | $1,561,116โ10% | $616,434โ23% | โ |
| 2013 | $1,229,823โ4% | $1,414,132โ9% | $501,478โ17% | โ |
| 2012 | $1,277,034โ13% | $1,291,892โ12% | $607,809โ12% | โ |
| 2011 | $1,460,412 | $1,470,742 | $689,525 | โ |
Frequently Asked Questions
What does Michigan Rural Water Association do?โผ
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?โผ
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?โผ
Michigan Rural Water Association reports $3.0M in annual revenue and holds $2.3M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Public & Societal Benefit category, or browse all nonprofits in Michigan.