Mid-dakota Rural Water System Inc is a 501(c)(12) organization based in Miller, South Dakota, registered in 1988, with $27,920,787 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$27.9M
▲ 105.1% vs prior year
Expenses (FY2024)
$12.3M
Net assets
$88.8M
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 Mid-dakota 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 →
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 Mid-dakota Rural Water System Inc: 86 mo reserves · +56% 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 Mid-dakota 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 →
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 Mid-dakota Rural Water System Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $7.5M (FY2013) to $27.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
55.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$146.3M
Total liabilities
$57.5M
Net assets
$88.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,920,787▲105% | $12,339,106▲2.8% | $88,838,629▲19.6% | $146,304,185▲13.9% | 990 |
| 2023 | $13,614,574▲23.0% | $12,002,113▼3.3% | $74,274,495▲2.2% | $128,469,107 | 990 |
| 2022 | $11,072,761▼3.1% | $12,415,518▲9.7% | $72,662,034▼1.8% | $128,499,697▼3.4% | 990 |
| 2021 | $11,424,357▲11.5% | $11,317,414▼1.2% | $74,004,791▲0.1% | $133,026,841▼0.2% | 990 |
| 2020 | $10,242,521▲11.7% | $11,452,538▲3.7% | $73,897,848▼4.3% | $133,256,175▲8.1% | 990 |
| 2019 | $9,167,165▲7.6% | $11,048,987▼6.0% | $77,204,184▼2.4% | $123,301,116▼1.8% | 990 |
| 2018 | $8,519,348 | $11,748,524▲5.5% | $79,086,006▼3.9% | $125,609,836▼3.1% | 990 |
| 2017 | $8,518,396▲2.1% | $11,141,229▲2.7% | $82,315,182▼3.1% | $129,661,677▼2.8% | 990 |
| 2016 | $8,342,570▲4.7% | $10,845,245▲6.6% | $84,938,014▼2.9% | $133,391,637▼0.9% | 990 |
| 2015 | $7,966,456▲6.4% | $10,169,636▲81.3% | $87,440,689▼2.5% | $134,641,827▼2.2% | 990 |
| 2014 | $7,486,143▲0.1% | $5,610,261▲2.4% | $89,643,869▼2.6% | $137,676,692▼2.5% | 990 |
| 2013 | $7,477,314 | $5,476,644▲3.2% | $92,023,370▼2.1% | $141,138,286▼2.5% | 990 |
| 2012 | — | $5,305,182▼3.3% | $93,957,152▼0.8% | $144,724,935▼0.5% | 990 |
| 2011 | — | $5,483,444▼22.8% | $94,728,421▼2.0% | $145,448,199▼0.2% | 990 |
| 2010 | — | $7,103,506 | $96,631,230 | $145,774,854 | 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.
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Data for Mid-dakota Rural Water System Inc (EIN 36-3584582) 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.