M S Water Supply Corp
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
M S Water Supply Corp is a 501(c)(12) organization based in Riesel, Texas, registered in 1968, with $397,095 in FY2024 revenue. CharityIndex grades it C+.
12910 E Highway 6, Riesel, TX, 76682 EIN 74-1592650 Since 1968
Revenue (FY2024)
$397K
▲ 60.7% vs prior year
Expenses (FY2024)
$247K
Net assets
$912K
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 M S Water Supply Corp— 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 rating44 mo reserves · +38% 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 M S Water Supply Corp: 44 mo reserves · +38% 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 M S Water Supply Corp— 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 M S Water Supply Corp: 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 $122K (FY2013) to $397K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $213KNet assets $912K
Operating margin
37.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$213K
Net assets
$912K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $397,095▲60.7% | $246,700▼5.0% | $912,449▲19.7% | $1,125,462▲1.2% | 990 |
| 2023 | $247,111▲20.3% | $259,804▲29.3% | $762,054▼1.6% | $1,112,054▲43.5% | 990 |
| 2022 | $205,378▼32.7% | $200,876▲33.2% | $774,747▲0.6% | $774,747▲0.6% | 990 |
| 2021 | $305,392▲79.9% | $150,789▲8.9% | $770,245▲25.1% | $770,245▲25.1% | 990 |
| 2020 | $169,750▼4.5% | $138,436▲10.1% | $615,642▲8.2% | $615,642▲8.2% | 990 |
| 2019 | $177,674▲10.6% | $125,776▼0.1% | $569,028▲10.0% | $569,028▲10.0% | 990 |
| 2018 | $160,680▲4.7% | $125,914▼11.5% | $517,130▲7.2% | $517,130▲7.2% | 990 |
| 2017 | $153,513▲16.1% | $142,330▼0.5% | $482,364▲2.4% | $482,364▲2.4% | 990 |
| 2016 | $132,227▲12.7% | $143,110▲2.5% | $471,181▼2.3% | $471,181▼2.3% | 990 |
| 2015 | $117,321▼8.6% | $139,605▼1.5% | $482,228▼4.4% | $482,228▼4.4% | 990 |
| 2014 | $128,379▲4.8% | $141,768▼2.9% | $504,512▼2.6% | $504,512▼2.6% | 990 |
| 2013 | $122,496 | $145,942▲0.9% | $517,901▼4.3% | $517,901▼4.3% | 990 |
| 2012 | — | $144,622▼11.0% | $541,345▼2.2% | $541,345▼2.2% | 990 |
| 2011 | — | $162,449▲7.0% | $553,416▼3.4% | $553,416▼3.4% | 990 |
| 2010 | — | $151,851 | $572,897 | $572,897 | 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 M S Water Supply Corp a legitimate nonprofit?
- Yes. M S Water Supply Corp is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 74-1592650, based in Riesel, Texas.
- What is M S Water Supply Corp's EIN?
- M S Water Supply Corp's Employer Identification Number (EIN) is 74-1592650.
- How much revenue does M S Water Supply Corp report?
- M S Water Supply Corp reported $397,095 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does M S Water Supply Corp have?
- CharityIndex grades M S Water Supply Corp C+, based on financial health (reserves and operating margin).
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Data for M S Water Supply Corp (EIN 74-1592650) 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.