YMutual & Membership BenefitEIN: 610904314· Ruling Year: 2014

Western Rockcastle Water Association Inc

Mount Vernon, Kentucky

BHealth Score
60B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.35×
Peer Median29.60×
💰
$2.2M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$3.3M
Net Assets
📋
$2.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.6%
Year-over-year change (2022 → 2023)
Net Margin
-12.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.35
Net assets divided by total expenses
Liabilities-to-Assets
44.6%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$2,209,28514%$2,475,6761%$6,047,4535%
2022$2,556,62921%$2,499,3049%$6,374,16712%
2021$2,109,8462%$2,287,3913%$7,209,2801%
2020$2,059,338$2,225,7615%$7,133,0613%
2019$2,064,8143%$2,337,93019%$7,361,4503%
2018$1,997,4557%$1,956,5172%$7,618,104
2017$2,145,746$1,919,23915%$7,608,207
2016$2,149,0628%$2,264,2196%$7,573,6474%
2015$2,334,359$2,406,21015%$7,855,3691%
2014$2,333,966$2,094,607$7,920,021

Frequently Asked Questions

What does Western Rockcastle Water Association Inc do?

Western Rockcastle Water Association Inc is a mutual & membership benefit nonprofit organization based in Kentucky. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Western Rockcastle Water Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, Western Rockcastle Water Association Inc has a score of 60/100 (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 Western Rockcastle Water Association Inc generate?

Western Rockcastle Water Association Inc reports $2.8M in annual revenue and holds $6.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Mutual & Membership Benefit category, or browse all nonprofits in Kentucky.