Highway 4 & 24 Water Association is a 501(c)(12) organization based in Chidester, Arkansas, registered in 2025, with $661,230 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$661K
▲ 25.7% vs prior year
Membership median: $185K
Expenses (FY2024)
$694K
Net assets
$886K
Employees
—
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 Highway 4 & 24 Water Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Highway 4 & 24 Water Association: 15 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
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 Highway 4 & 24 Water Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Highway 4 & 24 Water Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $381K (FY2013) to $661K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-5.0%
Spent more than it raised in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$1.2M
Net assets
$886K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $661,230▲25.7% | $694,447▲65.8% | $886,442▲93.3% | $2,059,361▲38.9% | 990 |
| 2019 | $526,160▲27.0% | $418,950▼9.6% | $458,669▲30.5% | $1,482,701▲3.4% | 990 |
| 2018 | $414,433▼9.0% | $463,450▲9.1% | $351,459▼12.2% | $1,433,985▼7.0% | 990 |
| 2017 | $455,639▲5.8% | $424,982▲2.8% | $400,476▲8.3% | $1,541,840▼1.2% | 990 |
| 2016 | $430,679▲6.7% | $413,597▲1.3% | $369,819▲4.8% | $1,561,210▼2.7% | 990 |
| 2015 | $403,625▲1.5% | $408,245▼6.7% | $352,737▼1.3% | $1,604,614▼3.5% | 990 |
| 2014 | $397,595▲4.3% | $437,336▼5.7% | $357,357▼10.0% | $1,663,052▼5.5% | 990 |
| 2013 | $381,108 | $463,527▲11.6% | $397,098▼17.2% | $1,759,807▼6.8% | 990 |
| 2012 | — | $415,515▲5.1% | $479,517▼14.6% | $1,888,901▼5.8% | 990 |
| 2011 | — | $395,410▼1.2% | $561,470▼4.8% | $2,004,617▼3.4% | 990 |
| 2010 | — | $400,373 | $589,523 | $2,075,503 | 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.
Explore more
Data for Highway 4 & 24 Water Association (EIN 71-0640343) 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.