Fifty-one East Water Inc
501(c)(12)
Only null% goes to programs Strong reserves
Fifty-one East Water Inc is a 501(c)(12) organization based in Stillwater, Oklahoma, registered in 1974, with $1,187,322 in FY2024 revenue. CharityIndex grades it C+.
Po Box 2051, Stillwater, OK, 74076 EIN 23-7378221 Since 1974
Revenue (FY2024)
$1.2M
▲ 7.8% vs prior year
Expenses (FY2024)
$903K
Net assets
$5.3M
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 Fifty-one East Water 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 rating70 mo reserves · +24% 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 Fifty-one East Water Inc: 70 mo reserves · +24% 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 Fifty-one East Water Inc— 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 Fifty-one East Water Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 2051, Stillwater, OK, 74076
- City
- Stillwater
- State
- Oklahoma
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $891K (FY2013) to $1.2M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.5MNet assets $5.3M
Operating margin
24.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.8M
Total liabilities
$1.5M
Net assets
$5.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,187,322▲7.8% | $902,535▲5.1% | $5,293,385▲6.0% | $6,784,133▲3.5% | 990 |
| 2023 | $1,100,999▲7.2% | $858,399▲1.2% | $4,996,022▲5.7% | $6,555,573▲6.5% | 990 |
| 2022 | $1,026,794▼1.0% | $848,561▲7.0% | $4,724,454▲4.1% | $6,153,149▲3.3% | 990 |
| 2021 | $1,036,712▲18.1% | $792,759▲12.6% | $4,536,886▲4.0% | $5,956,759▲2.6% | 990 |
| 2020 | $877,850▲3.2% | $703,979▼0.4% | $4,362,505▲4.3% | $5,808,257▲4.6% | 990 |
| 2019 | $850,421▼5.8% | $706,530▲12.0% | $4,183,275▲6.3% | $5,552,389▲2.1% | 990 |
| 2017 | $902,554▲21.3% | $630,697▼6.6% | $3,934,644▲7.1% | $5,438,031▲7.5% | 990 |
| 2016 | $743,901▲17.2% | $675,247▲0.9% | $3,672,135▲1.7% | $5,059,768▼1.7% | 990 |
| 2015 | $634,884▼19.7% | $669,448▲15.6% | $3,609,169▼0.7% | $5,145,968▲2.4% | 990 |
| 2014 | $790,981▼11.3% | $578,993▼2.5% | $3,636,071▲6.2% | $5,027,142▲4.6% | 990 |
| 2013 | $891,259 | $593,797 | $3,422,405 | $4,806,739 | 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 Fifty-one East Water Inc a legitimate nonprofit?
- Yes. Fifty-one East Water Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 23-7378221, based in Stillwater, Oklahoma.
- What is Fifty-one East Water Inc's EIN?
- Fifty-one East Water Inc's Employer Identification Number (EIN) is 23-7378221.
- How much revenue does Fifty-one East Water Inc report?
- Fifty-one East Water Inc reported $1,187,322 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Fifty-one East Water Inc have?
- CharityIndex grades Fifty-one East Water Inc C+, based on financial health (reserves and operating margin).
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Data for Fifty-one East Water Inc (EIN 23-7378221) 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.