Ames-minglewood Water Supply Corp is a 501(c)(12) organization based in Liberty, Texas, registered in 1967, with $385,399 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$385K
▲ 8.5% vs prior year
Expenses (FY2024)
$500K
Net assets
$1.6M
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 Ames-minglewood Water Supply Corp— 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 Ames-minglewood Water Supply Corp: 38 mo reserves · -30% margin earns a D 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 Ames-minglewood Water Supply Corp— 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 Ames-minglewood Water Supply Corp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $173K (FY2009) to $385K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-29.9%
Spent more than it raised in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$584K
Net assets
$1.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $385,399▲8.5% | $500,481▲68.3% | $1,592,372▼6.4% | $2,176,790▲25.1% | 990 |
| 2023 | $355,085▲0.3% | $297,449▲2.3% | $1,701,592▲3.6% | $1,739,596▲2.3% | 990 |
| 2022 | $353,965▼1.6% | $290,758▲10.9% | $1,642,288▲4.3% | $1,700,128▲3.5% | 990 |
| 2021 | $359,567▲9.6% | $262,233▼1.4% | $1,574,893▲6.8% | $1,642,349▲5.2% | 990 |
| 2020 | $328,004▼0.8% | $265,867▲3.6% | $1,473,959▲4.9% | $1,560,641▲4.2% | 990 |
| 2019 | $330,798▲6.3% | $256,524▼0.3% | $1,405,621▲5.9% | $1,498,208▲5.2% | 990 |
| 2018 | $311,283▼5.0% | $257,410▲15.8% | $1,326,726▲4.3% | $1,424,211▲3.5% | 990 |
| 2017 | $327,548▲38.9% | $222,377▲15.4% | $1,271,524▲9.1% | $1,376,150▲7.7% | 990 |
| 2016 | $235,867▲9.1% | $192,772▲3.5% | $1,165,403▲3.9% | $1,277,495▲13.1% | 990 |
| 2015 | $216,278▲10.1% | $186,296▲9.1% | $1,121,908▲2.9% | $1,129,522▼8.3% | 990 |
| 2014 | $196,385▲9.3% | $170,772▼1.1% | $1,089,926▲2.5% | $1,231,100▲1.8% | 990 |
| 2013 | $179,635 | $172,729▲8.9% | $1,063,313▲0.7% | $1,208,949▼3.4% | 990 |
| 2012 | — | $158,559▲3.8% | $1,056,407▲53.3% | $1,252,076▲40.5% | 990 |
| 2011 | — | $152,698▲19.7% | $689,292▲121% | $890,866▲69.9% | 990 |
| 2010 | — | $127,574▲3.9% | $312,532▲26.8% | $524,431▲13.1% | 990 |
| 2009 | $172,948 | $122,801 | $246,546 | $463,524 | 990EZ |
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 Ames-minglewood Water Supply Corp (EIN 74-1547457) 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.