WPublic & Societal BenefitEIN: 640470084· Ruling Year: 2002

Okatoma Water Association

Mount Olive, Mississippi

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

💰
$1.8M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$7.7M
Net Assets
📋
$338K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.6%
Year-over-year change (2022 → 2023)
Net Margin
+9.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.82
Net assets divided by total expenses
Liabilities-to-Assets
4.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,769,9003%$1,607,61911%$8,085,6062%
2022$1,724,2705%$1,451,7957%$7,929,6282%
2021$1,824,0115%$1,356,4055%$8,081,18010%
2020$1,744,3104%$1,432,6129%$7,317,9238%
2019$1,681,83012%$1,308,5816%$6,746,5708%
2018$1,506,66117%$1,397,8313%$6,256,1671%
2017$1,824,90033%$1,354,19118%$6,302,8007%
2016$1,375,7351%$1,152,4525%$5,863,7624%
2015$1,384,46712%$1,207,5297%$5,632,4404%
2014$1,572,54818%$1,133,43519%$5,426,23910%
2013$1,333,7205%$1,399,44019%$4,953,9431%
2012$1,410,637$1,179,849$4,915,782

Frequently Asked Questions

What does Okatoma Water Association do?

Okatoma Water Association is a public & societal benefit nonprofit organization based in Mississippi. It is classified under NTEE code W800 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Okatoma Water Association financially healthy?

Based on our 9-metric Financial Health Score model, Okatoma Water Association 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 Okatoma Water Association generate?

Okatoma Water Association reports $3.1M in annual revenue and holds $10.6M in total assets, based on IRS filings.

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