Friberg-cooper Water Supply Corporation
501(c)(12)
Only null% goes to programs Strong reserves
Friberg-cooper Water Supply Corporation is a 501(c)(12) organization based in Wichita Falls, Texas, registered in 1989, with $307,888 in FY2022 revenue. CharityIndex grades it D.
174 Bailey Rd, Wichita Falls, TX, 76305 EIN 75-1330079 Since 1989
Revenue (FY2022)
$308K
▲ 7.4% vs prior year
Expenses (FY2022)
$410K
Net assets
$832K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Friberg-cooper 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 →
DFinancial health25% of the rating24 mo reserves · -33% 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 Friberg-cooper Water Supply Corporation: 24 mo reserves · -33% margin earns a D 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 Friberg-cooper 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 →
FTransparency10% of the rating0 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 Friberg-cooper Water Supply Corporation: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Contact & location
- Address
- 174 Bailey Rd, Wichita Falls, TX, 76305
- City
- Wichita Falls
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $219K (FY2013) to $308K (FY2022) across 9 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $3,694Net assets $832K
Operating margin
-33.0%
Spent more than it raised in the latest fiscal year.
Total assets
$836K
Total liabilities
$3,694
Net assets
$832K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $307,888▲7.4% | $409,616▲49.1% | $832,055▼14.5% | $835,749▼14.4% | 990 |
| 2020 | $286,702▲11.4% | $274,695▲12.3% | $973,135▲1.4% | $976,445▲1.5% | 990 |
| 2019 | $257,290▼12.0% | $244,706▼0.3% | $959,622▲1.4% | $961,785▲1.4% | 990 |
| 2018 | $292,508▲18.1% | $245,385▼3.6% | $945,991▲5.3% | $948,147▲5.3% | 990 |
| 2017 | $247,669▲6.4% | $254,539▲1.6% | $898,222▼0.5% | $900,363▼0.6% | 990 |
| 2016 | $232,837 | $250,458▲17.4% | $902,297▼1.9% | $905,684▼1.9% | 990 |
| 2015 | $232,936▲67614% | $213,289 | $919,826▲2.2% | $923,261▲2.2% | 990 |
| 2014 | $344▼99.8% | $213,189▲19.0% | $899,964▲3.3% | $903,607▲3.5% | 990 |
| 2013 | $218,934 | $179,205▼18.0% | $870,845▲5.0% | $873,391▲5.0% | 990 |
| 2012 | — | $218,568▼4.2% | $829,661▲1.7% | $831,855▲1.7% | 990 |
| 2011 | — | $228,199▲7.4% | $816,160▲3.0% | $818,341▲3.0% | 990 |
| 2010 | — | $212,396 | $792,353 | $794,364 | 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 Friberg-cooper Water Supply Corporation a legitimate nonprofit?
- Yes. Friberg-cooper Water Supply Corporation is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 75-1330079, based in Wichita Falls, Texas.
- What is Friberg-cooper Water Supply Corporation's EIN?
- Friberg-cooper Water Supply Corporation's Employer Identification Number (EIN) is 75-1330079.
- How much revenue does Friberg-cooper Water Supply Corporation report?
- Friberg-cooper Water Supply Corporation reported $307,888 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Friberg-cooper Water Supply Corporation have?
- CharityIndex grades Friberg-cooper Water Supply Corporation D, based on financial health (reserves and operating margin).
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Data for Friberg-cooper Water Supply Corporation (EIN 75-1330079) 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.