ZUnclassifiedEIN: 610701413· Ruling Year: 1971

Rowan Water Inc

Morehead, Kentucky

B+Health Score
71B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.40×
Peer Median15.40×
💰
$4.2M
Total Revenue
📊
$4.0M
Total Expenses
🏦
$5.6M
Net Assets
📋
$6.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.4%
Year-over-year change (2022 → 2023)
Net Margin
+3.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.40
Net assets divided by total expenses
Liabilities-to-Assets
52.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,181,12124%$4,038,19810%$11,907,830
2022$3,360,1251%$3,665,6171%$11,873,8555%
2021$3,336,6906%$3,698,4356%$12,516,2224%
2020$3,560,06312%$3,477,3044%$12,975,51310%
2019$3,164,7809%$3,626,5587%$11,808,6104%
2018$3,474,29818%$3,394,7213%$12,242,3464%
2017$2,956,1982%$3,290,1265%$11,743,945
2016$2,895,355$3,147,867$11,691,3663%
2015$2,894,5153%$3,138,7942%$12,036,7813%
2014$2,823,42816%$3,076,6443%$12,365,1333%
2013$3,361,47330%$2,989,2381%$12,740,0093%
2012$2,588,84913%$3,017,314$12,336,9165%
2011$2,287,108$3,017,126$11,801,382

Frequently Asked Questions

What does Rowan Water Inc do?

Rowan Water Inc is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rowan Water Inc financially healthy?

Based on our 9-metric Financial Health Score model, Rowan Water Inc has a score of 71/100 (Grade: B+). 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 Rowan Water Inc generate?

Rowan Water Inc reports $5.8M in annual revenue and holds $14.7M in total assets, based on IRS filings.

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Rowan Water Inc — Morehead, KY | GiveScope