W โ€” Public & Societal BenefitEIN: 751234461ยท Ruling Year: 1967

Milligan Water Supply Corporation

Mckinney, Texas

AHealth Score
88A

Financial Health Score

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

Excellent

๐Ÿ’ฐ
$2.7M
Total Revenue
๐Ÿ“Š
$1.5M
Total Expenses
๐Ÿฆ
$4.6M
Net Assets
๐Ÿ“‹
$490K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-34.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+42.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.96
Net assets divided by total expenses
Liabilities-to-Assets
9.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,661,353โ†“34%$1,537,767โ†‘24%$5,040,853โ†‘45%
2022$4,045,048โ†‘331%$1,235,947โ†‘25%$3,482,683โ†‘416%
2021$939,469โ†‘3%$985,920โ†‘9%$675,068โ†“7%
2020$909,602โ†‘6%$907,245โ†“3%$725,794โ†“6%
2019$854,174โ†‘2%$931,687โ†‘7%$770,016โ†“9%
2018$835,017โ†‘9%$871,780โ†“12%$850,033โ†“7%
2017$767,958โ†‘4%$992,664โ†‘22%$914,048โ†“12%
2016$739,437โ†‘5%$815,855โ†‘23%$1,044,597โ†“6%
2015$701,679โ†“12%$661,088โ†“16%$1,110,018โ†‘2%
2014$801,870โ†‘8%$790,855โ†‘19%$1,089,194โ†‘4%
2013$741,059โ†‘28%$663,028โ†‘10%$1,049,279โ†‘9%
2012$577,216โ†“1%$600,086โ†‘7%$964,278โ†“3%
2011$584,311$563,374$998,285

Frequently Asked Questions

What does Milligan Water Supply Corporation do?โ–ผ

Milligan Water Supply Corporation is a public & societal benefit nonprofit organization based in Texas. It is classified under NTEE code W80Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Milligan Water Supply Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Milligan Water Supply Corporation has a score of 88/100 (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 Milligan Water Supply Corporation generate?โ–ผ

Milligan Water Supply Corporation reports $3.2M in annual revenue and holds $6.6M in total assets, based on IRS filings.

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Milligan Water Supply Corporation โ€” Mckinney, TX | GiveScope