Z — UnclassifiedEIN: 640475693· Ruling Year: 1989

Farmington Water Association

Corinth, Mississippi

BHealth Score
56B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.83×
Peer Median15.40×
💰
$1.1M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$2.3M
Net Assets
📋
$2.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.8%
Year-over-year change (2021 → 2023)
Net Margin
-11.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.83
Net assets divided by total expenses
Liabilities-to-Assets
49.3%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$1,113,749↑9%$1,243,012↑27%$4,495,148
2021$1,023,599↑3%$980,147↓1%$4,489,313↑18%
2020$992,768↑2%$988,588↑5%$3,806,391↓1%
2019$977,593↓32%$941,649↑6%$3,863,986↓2%
2018$1,427,392↑54%$889,528↓6%$3,924,615↑11%
2017$926,263↑8%$950,314↑10%$3,539,979↓7%
2016$859,231↑1%$866,536↑5%$3,792,070↓5%
2015$853,967↓2%$823,920↑1%$3,995,006↓4%
2014$871,101↓5%$811,788$4,149,396↓3%
2013$916,674↑16%$812,409$4,271,613↓1%
2012$791,646$815,655$4,335,331

Frequently Asked Questions

What does Farmington Water Association do?▼

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

Is Farmington Water Association financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Farmington Water Association.

How much revenue does Farmington Water Association generate?▼

Farmington Water Association reports $2.0M in annual revenue and holds $4.3M in total assets, based on IRS filings.

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