E O L Water Supply Corp
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
E O L Water Supply Corp is a 501(c)(12) organization based in Axtell, Texas, with $763,922 in FY2024 revenue. CharityIndex grades it C+.
9645 Elk Rd, Axtell, TX, 76624 EIN 74-1500422
Revenue (FY2024)
$764K
▼ 27.3% vs prior year
Expenses (FY2024)
$637K
Net assets
$3.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 E O L 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 →
B+Financial health25% of the rating63 mo reserves · +17% 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 E O L Water Supply Corp: 63 mo reserves · +17% 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 E O L 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 →
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 E O L Water Supply Corp: 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 $303K (FY2013) to $764K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $59KNet assets $3.4M
Operating margin
16.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.4M
Total liabilities
$59K
Net assets
$3.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $763,922▼27.3% | $636,771▲12.5% | $3,366,230▲3.9% | $3,425,452▲4.2% | 990 |
| 2023 | $1,050,583▲70.3% | $566,207▲13.3% | $3,239,079▲17.6% | $3,287,924▲17.3% | 990 |
| 2022 | $616,919▲14.9% | $499,811▲50.0% | $2,754,703▲4.4% | $2,801,933▲4.5% | 990 |
| 2021 | $536,691▲1.7% | $333,300▼34.2% | $2,637,595▲8.4% | $2,682,558▲8.1% | 990 |
| 2020 | $527,461▲8.5% | $506,800▲70.9% | $2,434,204▲0.9% | $2,481,192▲1.4% | 990 |
| 2019 | $486,074▲5.7% | $296,493▲2.0% | $2,413,543▲8.5% | $2,447,929▲8.3% | 990 |
| 2018 | $459,913▲15.0% | $290,574▲5.6% | $2,223,962▲8.2% | $2,261,149▲8.4% | 990 |
| 2017 | $399,810▲10.6% | $275,047▼13.2% | $2,054,623▲6.5% | $2,086,661▲6.4% | 990 |
| 2016 | $361,519▲2.5% | $316,769▲7.6% | $1,929,860▲2.4% | $1,962,042▼0.5% | 990 |
| 2015 | $352,848▲1.9% | $294,428▲380% | $1,885,110▲3.2% | $1,972,484▲6.4% | 990 |
| 2014 | $346,407▲14.3% | $61,374▼78.2% | $1,826,690▲2.1% | $1,853,232▲2.0% | 990 |
| 2013 | $303,042 | $281,860▼4.8% | $1,788,996▲1.2% | $1,817,696▲2.3% | 990 |
| 2012 | — | $295,946▲4.5% | $1,767,814▲0.9% | $1,776,881▲1.5% | 990 |
| 2011 | — | $283,084▼5.7% | $1,751,459▲5.7% | $1,751,459▲5.7% | 990 |
| 2010 | — | $300,172 | $1,657,748 | $1,657,748 | 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 E O L Water Supply Corp a legitimate nonprofit?
- Yes. E O L Water Supply Corp is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 74-1500422, based in Axtell, Texas.
- What is E O L Water Supply Corp's EIN?
- E O L Water Supply Corp's Employer Identification Number (EIN) is 74-1500422.
- How much revenue does E O L Water Supply Corp report?
- E O L Water Supply Corp reported $763,922 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does E O L Water Supply Corp have?
- CharityIndex grades E O L Water Supply Corp C+, based on financial health (reserves and operating margin).
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Data for E O L Water Supply Corp (EIN 74-1500422) 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.