Leroy-tours-gerald Water Supply Inc
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
Leroy-tours-gerald Water Supply Inc is a 501(c)(12) organization based in Leroy, Texas, registered in 1991, with $721,094 in FY2024 revenue. CharityIndex grades it C+.
Po Box 22, Leroy, TX, 76654 EIN 74-1485848 Since 1991
Revenue (FY2024)
$721K
▼ 55.9% vs prior year
Expenses (FY2024)
$541K
Net assets
$2.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Leroy-tours-gerald Water Supply Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating54 mo reserves · +25% 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 Leroy-tours-gerald Water Supply Inc: 54 mo reserves · +25% margin earns a A 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 Leroy-tours-gerald Water Supply 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 Leroy-tours-gerald Water Supply Inc: 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 $338K (FY2013) to $721K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $107KNet assets $2.5M
Operating margin
24.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.6M
Total liabilities
$107K
Net assets
$2.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $721,094▼55.9% | $541,452▼14.2% | $2,453,034▲8.1% | $2,560,058▲4.9% | 990 |
| 2023 | $1,633,318▲179% | $631,424▲25.2% | $2,268,892▲79.7% | $2,441,392▲63.3% | 990 |
| 2022 | $585,129▲17.3% | $504,430▲1.9% | $1,262,648▲7.2% | $1,495,095▲1.6% | 990 |
| 2021 | $498,784▲6.3% | $494,925▲10.9% | $1,178,349▲0.6% | $1,472,035▼3.1% | 990 |
| 2020 | $469,312▲0.3% | $446,226▲30.9% | $1,171,491▲2.2% | $1,519,200▼1.9% | 990 |
| 2019 | $467,684▼4.8% | $340,900▼3.7% | $1,146,605▲12.7% | $1,549,131▲5.8% | 990 |
| 2018 | $491,372▲8.8% | $353,963▼13.9% | $1,017,421▲15.8% | $1,464,647▲6.4% | 990 |
| 2017 | $451,693▲23.1% | $411,020▲7.7% | $878,812▲5.2% | $1,376,534▼0.4% | 990 |
| 2016 | $366,837▲14.5% | $381,634▲16.8% | $835,588▼1.7% | $1,381,537▼4.1% | 990 |
| 2015 | $320,251▲0.7% | $326,622▲1.4% | $850,235▼0.8% | $1,440,073▼3.4% | 990 |
| 2014 | $318,042▼5.9% | $322,114▲4.1% | $856,906▼0.6% | $1,490,019▼2.9% | 990 |
| 2013 | $337,969 | $309,559▲7.0% | $862,394▲3.5% | $1,534,374▼0.7% | 990 |
| 2012 | — | $289,248▼6.1% | $833,384▲7.4% | $1,545,020▲1.3% | 990 |
| 2011 | — | $307,925▼1.1% | $775,795▲2.0% | $1,525,928▼1.5% | 990 |
| 2010 | — | $311,203 | $760,696 | $1,549,523 | 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 Leroy-tours-gerald Water Supply Inc a legitimate nonprofit?
- Yes. Leroy-tours-gerald Water Supply Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 74-1485848, based in Leroy, Texas.
- What is Leroy-tours-gerald Water Supply Inc's EIN?
- Leroy-tours-gerald Water Supply Inc's Employer Identification Number (EIN) is 74-1485848.
- How much revenue does Leroy-tours-gerald Water Supply Inc report?
- Leroy-tours-gerald Water Supply Inc reported $721,094 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Leroy-tours-gerald Water Supply Inc have?
- CharityIndex grades Leroy-tours-gerald Water Supply Inc C+, based on financial health (reserves and operating margin).
Explore more
Data for Leroy-tours-gerald Water Supply Inc (EIN 74-1485848) 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.