Cheniere-drew Water System Inc is a 501(c)(12) organization based in West Monroe, Louisiana, registered in 1979, with $3,004,849 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$3.0M
▲ 4.9% vs prior year
Expenses (FY2024)
$2.7M
Net assets
$10.0M
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 Cheniere-drew 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 →
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 Cheniere-drew Water System Inc: 44 mo reserves · +9% 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 Cheniere-drew 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 →
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 Cheniere-drew Water System Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.7M (FY2014) to $3.0M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
8.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.6M
Total liabilities
$550K
Net assets
$10.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,004,849▲4.9% | $2,745,152▲13.1% | $10,002,029▲2.7% | $10,552,143▼0.9% | 990 |
| 2023 | $2,863,404▲0.7% | $2,427,029▼1.1% | $9,742,332▲4.7% | $10,646,833▲7.7% | 990 |
| 2022 | $2,842,869▲7.5% | $2,453,788▲7.6% | $9,305,957▲4.4% | $9,886,107▲4.2% | 990 |
| 2021 | $2,643,893▲1.9% | $2,280,516▲7.0% | $8,916,876▲4.2% | $9,487,763▲6.3% | 990 |
| 2020 | $2,594,266▲1.7% | $2,132,149▲4.7% | $8,553,499▲5.7% | $8,922,435▲5.3% | 990 |
| 2019 | $2,549,785▲6.5% | $2,037,274▲8.2% | $8,091,382▲6.8% | $8,472,436▲4.3% | 990 |
| 2018 | $2,394,602▼2.8% | $1,882,087▲7.7% | $7,578,871▲7.3% | $8,126,588▲7.6% | 990 |
| 2017 | $2,464,838▲22.2% | $1,747,891▲0.5% | $7,066,356▲11.3% | $7,552,982▲10.6% | 990 |
| 2016 | $2,017,735▲18.4% | $1,739,246▲4.9% | $6,349,409▲4.6% | $6,828,731▲3.8% | 990 |
| 2015 | $1,704,065▼0.7% | $1,658,564▲10.0% | $6,070,920▲0.8% | $6,576,257▼0.4% | 990 |
| 2014 | $1,716,660 | $1,507,929 | $6,025,419 | $6,600,276 | 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 Cheniere-drew Water System Inc (EIN 72-0851150) 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.