B D M Rural Water System Inc
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
B D M Rural Water System Inc is a 501(c)(12) organization based in Britton, South Dakota, registered in 1984, with $9,096,242 in FY2024 revenue. CharityIndex grades it B.
Po Box 49, Britton, SD, 57430 EIN 36-3309890 Since 1984
Revenue (FY2024)
$9.1M
▲ 152.7% vs prior year
Expenses (FY2024)
$3.0M
Net assets
$21.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 D M Rural Water System Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating85 mo reserves · +67% 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 D M Rural Water System Inc: 85 mo reserves · +67% margin earns a B+ 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 D M Rural Water System Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 D M Rural Water System Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 49, Britton, SD, 57430
- City
- Britton
- State
- South Dakota
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $2.0M (FY2013) to $9.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $9.8MNet assets $21.5M
Operating margin
66.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$31.2M
Total liabilities
$9.8M
Net assets
$21.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,096,242▲153% | $3,041,925▲2.9% | $21,472,043▲39.3% | $31,245,281▲30.9% | 990 |
| 2023 | $3,598,933▲7.8% | $2,955,762▼5.4% | $15,409,335▲4.4% | $23,863,966▲0.9% | 990 |
| 2022 | $3,337,382▼4.1% | $3,123,977▼0.3% | $14,766,164▲1.5% | $23,645,809▼1.2% | 990 |
| 2021 | $3,479,719▲7.0% | $3,133,178▲4.4% | $14,552,760▲2.4% | $23,937,955▼0.6% | 990 |
| 2020 | $3,252,752▲7.3% | $3,001,478▼0.8% | $14,206,219▲1.8% | $24,076,976▼2.1% | 990 |
| 2019 | $3,031,385▼3.0% | $3,026,590▲1.1% | $13,954,945▲2.2% | $24,594,811▲10.1% | 990 |
| 2018 | $3,125,191▲2.8% | $2,992,950▲5.2% | $13,656,050▲1.0% | $22,346,289▼0.7% | 990 |
| 2017 | $3,038,923▲16.6% | $2,844,870▲3.8% | $13,523,809▲1.5% | $22,510,732▼0.8% | 990 |
| 2016 | $2,607,188▲17.5% | $2,741,294▲0.3% | $13,330,155▼0.6% | $22,681,288▼0.9% | 990 |
| 2015 | $2,218,894▲8.3% | $2,732,025▼0.1% | $13,411,154▼3.7% | $22,893,481▼3.0% | 990 |
| 2014 | $2,049,460▲0.7% | $2,733,684▲7.2% | $13,924,285▼4.7% | $23,590,691▼3.8% | 990 |
| 2013 | $2,034,428 | $2,550,580▲6.6% | $14,608,509▼3.4% | $24,526,510▼3.3% | 990 |
| 2012 | — | $2,392,705▲34.2% | $15,124,662▼2.5% | $25,371,928▼1.0% | 990 |
| 2011 | — | $1,783,298▼0.7% | $15,505,430▼1.9% | $25,627,616▼2.7% | 990 |
| 2010 | — | $1,795,205 | $15,810,684 | $26,333,669 | 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.
Frequently asked questions
- Is B D M Rural Water System Inc a legitimate nonprofit?
- Yes. B D M Rural Water System Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 36-3309890, based in Britton, South Dakota.
- What is B D M Rural Water System Inc's EIN?
- B D M Rural Water System Inc's Employer Identification Number (EIN) is 36-3309890.
- How much revenue does B D M Rural Water System Inc report?
- B D M Rural Water System Inc reported $9,096,242 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does B D M Rural Water System Inc have?
- CharityIndex grades B D M Rural Water System Inc B, based on financial health (reserves and operating margin).
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Data for B D M Rural Water System Inc (EIN 36-3309890) 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.