W โ€” Public & Societal BenefitEIN: 870649166ยท Ruling Year: 2004

Morgan Secondary Water Association

Morgan, Utah

B-Health Score
45B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$260K
Total Revenue
๐Ÿ“Š
$566K
Total Expenses
๐Ÿฆ
$269K
Net Assets
๐Ÿ“‹
$1.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-117.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.47
Net assets divided by total expenses
Liabilities-to-Assets
86.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$259,803โ†‘14%$565,802โ†‘220%$1,939,142โ†“3%
2022$228,548โ†“6%$176,769โ†‘5%$2,008,399โ†“2%
2021$242,423$168,140โ†“15%$2,052,499โ†“1%
2020$242,165โ†‘10%$198,362โ†‘13%$2,065,992โ†“2%
2019$219,422โ†“2%$175,864โ†“11%$2,101,298โ†“2%
2018$224,432โ†“8%$198,037โ†“3%$2,133,313โ†“2%
2017$243,483โ†‘18%$204,709โ†‘48%$2,171,128โ†“1%
2016$206,056โ†‘29%$138,282โ†“15%$2,192,804โ†‘1%
2015$159,121โ†“21%$163,000โ†‘2%$2,178,532โ†“2%
2014$200,598โ†‘6%$159,553โ†‘3%$2,230,459
2013$190,035โ†‘6%$155,184โ†“9%$2,232,535โ†“1%
2011$178,676$171,423$2,256,236

Frequently Asked Questions

What does Morgan Secondary Water Association do?โ–ผ

Morgan Secondary Water Association is a public & societal benefit nonprofit organization based in Utah. It is classified under NTEE code W80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Morgan Secondary Water Association financially healthy?โ–ผ

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

How much revenue does Morgan Secondary Water Association generate?โ–ผ

Morgan Secondary Water Association reports $1.0M in annual revenue and holds $1.8M in total assets, based on IRS filings.

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Morgan Secondary Water Association โ€” Morgan, UT | GiveScope