Grant-roberts Rural Water System Inc
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
Grant-roberts Rural Water System Inc is a 501(c)(12) organization based in Milbank, South Dakota, registered in 1980, with $5,535,636 in FY2023 revenue. CharityIndex grades it C+.
1205 S Dakota St, Milbank, SD, 57252 EIN 46-0360205 Since 1980
Revenue (FY2023)
$5.5M
▲ 170.6% vs prior year
Expenses (FY2023)
$1.8M
Net assets
$15.3M
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 Grant-roberts Rural 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 →
B+Financial health25% of the rating100 mo reserves · +67% 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 Grant-roberts Rural Water System Inc: 100 mo reserves · +67% 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 Grant-roberts Rural 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 →
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 Grant-roberts Rural Water System Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1205 S Dakota St, Milbank, SD, 57252
- City
- Milbank
- State
- South Dakota
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $1.4M (FY2013) to $5.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.3MNet assets $15.3M
Operating margin
66.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.6M
Total liabilities
$2.3M
Net assets
$15.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $5,535,636▲171% | $1,831,787▲6.5% | $15,326,386▲31.9% | $17,623,399▲29.8% | 990 |
| 2022 | $2,045,865▲5.1% | $1,719,276▲6.0% | $11,620,732▲3.4% | $13,572,169▲1.7% | 990 |
| 2021 | $1,946,762▲17.1% | $1,621,568▲6.5% | $11,240,849▲3.1% | $13,347,664▲2.5% | 990 |
| 2020 | $1,662,719▲0.1% | $1,523,227▲5.4% | $10,899,925▲1.4% | $13,023,597▲0.3% | 990 |
| 2019 | $1,660,737▲5.4% | $1,444,866▲2.1% | $10,747,494▲2.1% | $12,986,132▼0.2% | 990 |
| 2018 | $1,576,075▼4.1% | $1,415,772▲1.2% | $10,527,051▲1.5% | $13,011,294▲1.4% | 990 |
| 2017 | $1,643,599▲11.7% | $1,399,544▲16.5% | $10,370,042▲2.4% | $12,830,842▲3.8% | 990 |
| 2016 | $1,471,302▲0.7% | $1,201,233▲7.5% | $10,127,402▲2.7% | $12,355,211▲2.0% | 990 |
| 2015 | $1,460,793▼1.5% | $1,117,894▲11.0% | $9,862,662▲3.6% | $12,113,186▲2.1% | 990 |
| 2014 | $1,483,204▲7.9% | $1,006,733▲11.9% | $9,522,582▲5.5% | $11,862,226▲6.0% | 990 |
| 2013 | $1,374,357 | $899,578▲12.5% | $9,025,666▲5.6% | $11,193,414▲29.4% | 990 |
| 2012 | — | $799,542▼2.8% | $8,547,037▲5.7% | $8,648,353▲2.4% | 990 |
| 2011 | — | $822,543▲1.0% | $8,087,694▲4.2% | $8,448,518▼0.8% | 990 |
| 2010 | — | $814,268▲4.8% | $7,764,748▲3.2% | $8,513,468▲1.5% | 990 |
| 2009 | — | $777,221 | $7,521,120 | $8,385,432 | 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 Grant-roberts Rural Water System Inc a legitimate nonprofit?
- Yes. Grant-roberts Rural Water System Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 46-0360205, based in Milbank, South Dakota.
- What is Grant-roberts Rural Water System Inc's EIN?
- Grant-roberts Rural Water System Inc's Employer Identification Number (EIN) is 46-0360205.
- How much revenue does Grant-roberts Rural Water System Inc report?
- Grant-roberts Rural Water System Inc reported $5,535,636 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Grant-roberts Rural Water System Inc have?
- CharityIndex grades Grant-roberts Rural Water System Inc C+, based on financial health (reserves and operating margin).
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Data for Grant-roberts Rural Water System Inc (EIN 46-0360205) 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.