YMutual & Membership BenefitEIN: 610739440· Ruling Year: 2008

East Daviess County Water Association Inc

Knottsville, Kentucky

A-Health Score
82A-

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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.36×
Peer Median29.60×
💰
$2.4M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$10.0M
Net Assets
📋
$503K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.4%
Year-over-year change (2022 → 2023)
Net Margin
+6.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.36
Net assets divided by total expenses
Liabilities-to-Assets
4.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,438,1617%$2,285,8887%$10,469,25421%
2022$2,271,03512%$2,131,67816%$8,620,3273%
2021$2,027,2426%$1,831,2861%$8,409,4683%
2020$1,911,9454%$1,846,0078%$8,177,2471%
2019$1,843,9679%$1,714,9174%$8,133,067
2018$1,698,029$1,654,1011%$8,167,6821%
2017$1,695,4983%$1,638,0677%$8,238,0932%
2016$1,639,379$1,537,0893%$8,425,3052%
2015$1,640,0634%$1,577,5523%$8,281,3971%
2014$1,577,8956%$1,535,0215%$8,359,840
2013$1,493,8641%$1,465,1731%$8,397,8801%
2012$1,511,0501%$1,457,36511%$8,491,7132%
2011$1,499,848$1,641,529$8,627,061

Frequently Asked Questions

What does East Daviess County Water Association Inc do?

East Daviess County Water Association Inc is a mutual & membership benefit nonprofit organization based in Kentucky. It is classified under NTEE code Y220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is East Daviess County Water Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, East Daviess County Water Association Inc has a score of 82/100 (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 East Daviess County Water Association Inc generate?

East Daviess County Water Association Inc reports $2.8M in annual revenue and holds $11.7M in total assets, based on IRS filings.

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