A & B Water Association is a 501(c)(12) organization based in Holly, Colorado, registered in 1964, with $65,292 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$65K
▲ 28.9% vs prior year
Expenses (FY2024)
$62K
Net assets
$406K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A & B Water Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A & B Water Association: 79 mo reserves · +6% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A & B Water Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A & B Water Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $182K (FY2013) to $65K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
5.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$730K
Total liabilities
$324K
Net assets
$406K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $65,292▲28.9% | $61,579▼16.0% | $405,995▲0.9% | $730,276▼0.6% | 990 |
| 2023 | $50,650▼10.8% | $73,311▲13.7% | $402,282▼5.3% | $734,393▼4.0% | 990 |
| 2022 | $56,799▲16.2% | $64,451▲14.0% | $424,943▼1.8% | $764,692▼1.9% | 990 |
| 2021 | $48,892▼14.7% | $56,538▲3.6% | $432,595▼1.7% | $779,793▼1.9% | 990 |
| 2020 | $57,327▲20.0% | $54,561▼1.2% | $440,241▲0.6% | $794,705▼0.5% | 990 |
| 2019 | $47,785▲13.9% | $55,226▲1.7% | $437,475▼1.7% | $799,025▼1.8% | 990 |
| 2018 | $41,960▲2.1% | $54,291▲6.9% | $444,916▼2.7% | $813,378▼2.3% | 990 |
| 2017 | $41,103▼19.4% | $50,772▲2.0% | $457,247▼2.1% | $832,450▼1.9% | 990 |
| 2016 | $51,015▲31.6% | $49,796▼14.8% | $466,916▲0.3% | $848,693▼0.9% | 990 |
| 2015 | $38,752▼84.8% | $58,477▼8.4% | $465,697▼4.1% | $856,532▼2.7% | 990 |
| 2014 | $254,486▲39.7% | $63,819▲126% | $485,422▲64.7% | $879,867▲26.8% | 990 |
| 2013 | $182,192 | $28,249▲15.1% | $294,755▲109% | $693,755▲393% | 990 |
| 2012 | — | $24,552▼68.1% | $140,812▲24.2% | $140,812▲24.2% | 990 |
| 2011 | — | $77,069▲68.6% | $113,367▼11.8% | $113,367▼11.8% | 990 |
| 2010 | — | $45,716 | $128,599 | $128,599 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for A & B Water Association (EIN 84-6038675) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.