A B S Water Co-operative is a 501(c)(12) organization based in Clayton, Illinois, registered in 1981, with $1,980,875 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$2.0M
▲ 3.1% vs prior year
Expenses (FY2023)
$1.9M
Net assets
$3.6M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 S Water Co-operative— 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 S Water Co-operative: 23 mo reserves · +3% margin earns a A 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 S Water Co-operative— 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 S Water Co-operative: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.5M (FY2014) to $2.0M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.9M
Total liabilities
$7.3M
Net assets
$3.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,980,875▲3.1% | $1,915,414▲0.7% | $3,592,928▲1.9% | $10,887,252▼1.4% | 990 |
| 2022 | $1,922,137▲12.0% | $1,902,205▲5.1% | $3,527,302▲1.2% | $11,045,610▼1.8% | 990 |
| 2021 | $1,716,236▼0.5% | $1,810,164 | $3,485,581▼2.4% | $11,244,401▼2.5% | 990 |
| 2020 | $1,725,055▲1.4% | $1,810,199▲0.4% | $3,572,060▼1.1% | $11,528,524▼1.4% | 990 |
| 2019 | $1,700,438▼0.4% | $1,803,212▲3.7% | $3,611,392▼2.4% | $11,691,151▼2.5% | 990 |
| 2018 | $1,707,677▲8.2% | $1,738,134▲0.2% | $3,701,579▼0.7% | $11,991,351▼1.8% | 990 |
| 2017 | $1,578,349▲2.7% | $1,733,913▲2.6% | $3,726,174▼4.0% | $12,205,705▼2.4% | 990 |
| 2016 | $1,536,295▲1.3% | $1,690,064▲1.0% | $3,881,459▼3.3% | $12,512,161▼2.6% | 990 |
| 2015 | $1,516,787▼1.2% | $1,672,747▲2.1% | $4,014,338▼3.7% | $12,839,780▼2.3% | 990 |
| 2014 | $1,534,965 | $1,637,644 | $4,169,983 | $13,142,229 | 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 S Water Co-operative (EIN 37-1099009) 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.