Brice & Lesley Water Supply Corp is a 501(c)(12) organization based in Lakeview, Texas, registered in 2010, with $104,066 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$104K
▲ 4.7% vs prior year
Membership median: $185K
Expenses (FY2024)
$83K
Net assets
$249K
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 Brice & Lesley 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 Brice & Lesley Water Supply Corp: 36 mo reserves · +21% 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 Brice & Lesley 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 Brice & Lesley 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 $80K (FY2018) to $104K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
20.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$249K
Total liabilities
$472
Net assets
$249K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $104,066▲4.7% | $82,520▼31.1% | $248,921▲9.5% | $249,393▲9.5% | 990EZ |
| 2023 | $99,403▼4.4% | $119,813▼7.3% | $227,375▼8.2% | $227,847▼8.0% | 990EZ |
| 2022 | $103,934▼2.1% | $129,190▲26.5% | $247,785▼9.2% | $247,785▼9.3% | 990EZ |
| 2021 | $106,131▲3.3% | $102,093▲24.2% | $273,041▲1.5% | $273,272▲1.4% | 990EZ |
| 2020 | $102,754▲11.1% | $82,208▼25.4% | $269,003▲8.3% | $269,429▲8.4% | 990EZ |
| 2019 | $92,508▲16.0% | $110,264▲11.7% | $248,457▼6.7% | $248,562▼7.0% | 990EZ |
| 2018 | $79,739 | $98,710 | $266,213 | $267,165 | 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 Brice & Lesley Water Supply Corp (EIN 75-2843581) 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.