B & B Water Supply Corporation
Only null% goes to programs Strong reserves Growing revenue
B & B Water Supply Corporation is a 501(c)(12) organization based in Corsicana, Texas, registered in 2023, with $1,113,532 in FY2025 revenue. CharityIndex grades it C+.
1501 N 45th St Apt C, Corsicana, TX, 75110 EIN 75-1244413 Since 2023
Revenue (FY2025)
$1.1M
▲ 34.4% vs prior year
Public Benefit median: $140K
Expenses (FY2025)
$883K
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 B & B Water Supply Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +21% margin
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 B & B Water Supply Corporation: 23 mo reserves · +21% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 B & B Water Supply Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 B & B Water Supply Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1501 N 45th St Apt C, Corsicana, TX, 75110
- City
- Corsicana
- State
- Texas
- Category
- Public & Societal Benefit
- Subcategory
- Public Utilities
Financial trends
Revenue grew from $666K (FY2021) to $1.1M (FY2025) across 4 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $2,749Net assets $1.7M
Operating margin
20.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$2,749
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,113,532▲34.4% | $883,291▼0.2% | $1,681,660▲15.9% | $1,684,409▲16.1% | 990 |
| 2024 | $828,504▲0.9% | $885,504▲24.7% | $1,451,429▲62.6% | $1,451,429▲62.6% | 990 |
| 2023 | $821,083▲23.3% | $710,241▲28.0% | $892,731▲9.7% | $892,731▲9.7% | 990 |
| 2021 | $665,664 | $554,732 | $813,963 | $813,963 | 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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Frequently asked questions
- Is B & B Water Supply Corporation a legitimate nonprofit?
- Yes. B & B Water Supply Corporation is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 75-1244413, based in Corsicana, Texas.
- What is B & B Water Supply Corporation's EIN?
- B & B Water Supply Corporation's Employer Identification Number (EIN) is 75-1244413.
- How much revenue does B & B Water Supply Corporation report?
- B & B Water Supply Corporation reported $1,113,532 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does B & B Water Supply Corporation have?
- CharityIndex grades B & B Water Supply Corporation C+, based on financial health (reserves and operating margin).
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Data for B & B Water Supply Corporation (EIN 75-1244413) 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.