D & M Water Supply Corporation
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
D & M Water Supply Corporation is a 501(c)(12) organization based in Douglass, Texas, registered in 1972, with $2,068,266 in FY2024 revenue. CharityIndex grades it C+.
Po Box 9, Douglass, TX, 75943 EIN 75-1307076 Since 1972
Revenue (FY2024)
$2.1M
▲ 7.0% vs prior year
Expenses (FY2024)
$2.0M
Net assets
$5.1M
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 D & M 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 rating31 mo reserves · +5% 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 D & M Water Supply Corporation: 31 mo reserves · +5% 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 D & M 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 D & M Water Supply Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $1.2M (FY2013) to $2.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.3MNet assets $5.1M
Operating margin
5.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.4M
Total liabilities
$4.3M
Net assets
$5.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,068,266▲7.0% | $1,963,150▲8.7% | $5,110,566▲2.1% | $9,388,369▼0.8% | 990 |
| 2023 | $1,933,860▲17.7% | $1,805,372▲2.4% | $5,005,450▲2.6% | $9,460,245▲18.2% | 990 |
| 2022 | $1,642,941▲8.6% | $1,762,399▲7.8% | $4,876,962▼2.4% | $8,004,544▼3.0% | 990 |
| 2021 | $1,513,388▲6.1% | $1,634,904▲28.1% | $4,996,420▼2.4% | $8,248,836▼4.2% | 990 |
| 2020 | $1,426,429▲14.1% | $1,276,747▲5.4% | $5,117,936▲3.0% | $8,608,994▲1.1% | 990 |
| 2019 | $1,250,487▼1.2% | $1,211,033▲1.3% | $4,968,254▲0.8% | $8,514,698▼1.0% | 990 |
| 2018 | $1,265,175▲5.5% | $1,195,724▼2.0% | $4,928,800▲1.4% | $8,600,327▲27.5% | 990 |
| 2017 | $1,198,804▲62.2% | $1,220,015▲12.0% | $4,859,349▼0.4% | $6,745,554▼0.7% | 990 |
| 2016 | $739,151▼38.1% | $1,089,753▲6.7% | $4,880,560▼6.7% | $6,792,486▼5.2% | 990 |
| 2015 | $1,193,482▼3.3% | $1,021,675▼0.9% | $5,231,162▲3.4% | $7,166,626▲1.9% | 990 |
| 2014 | $1,234,267▲0.5% | $1,031,303▼2.7% | $5,059,355▲4.2% | $7,034,187▲2.5% | 990 |
| 2013 | $1,227,981 | $1,059,910▲9.8% | $4,856,391▲3.6% | $6,865,394▲1.6% | 990 |
| 2012 | — | $965,274▼9.5% | $4,688,320▲2.2% | $6,760,575▲1.8% | 990 |
| 2011 | — | $1,066,151 | $4,587,949 | $6,638,644 | 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 D & M Water Supply Corporation a legitimate nonprofit?
- Yes. D & M Water Supply Corporation is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 75-1307076, based in Douglass, Texas.
- What is D & M Water Supply Corporation's EIN?
- D & M Water Supply Corporation's Employer Identification Number (EIN) is 75-1307076.
- How much revenue does D & M Water Supply Corporation report?
- D & M Water Supply Corporation reported $2,068,266 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does D & M Water Supply Corporation have?
- CharityIndex grades D & M Water Supply Corporation C+, based on financial health (reserves and operating margin).
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Data for D & M Water Supply Corporation (EIN 75-1307076) 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.