Morgan Heights Water & Sewer Inc is a 501(c)(12) organization based in Fort Morgan, Colorado, registered in 1998, with $121,515 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$122K
▲ 9.5% vs prior year
Unknown median: $232K
Expenses (FY2024)
$130K
Net assets
$186K
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 Morgan Heights Water & Sewer 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 Morgan Heights Water & Sewer Inc: 17 mo reserves · -7% 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 Morgan Heights Water & Sewer 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 Morgan Heights Water & Sewer Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $117K (FY2013) to $122K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-7.1%
Spent more than it raised in the latest fiscal year.
Total assets
$449K
Total liabilities
$263K
Net assets
$186K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $121,515▲9.5% | $130,118▼11.0% | $185,853▼4.4% | $448,842▼5.3% | 990 |
| 2023 | $110,932▲4.1% | $146,187▲18.2% | $194,456▼15.3% | $473,751▼9.7% | 990 |
| 2022 | $106,552▼6.2% | $123,665▲63.1% | $229,711▼6.9% | $524,614▼5.8% | 990 |
| 2021 | $113,589▲8.0% | $75,835▼18.9% | $246,824▲18.1% | $556,669▲4.4% | 990 |
| 2020 | $105,157▲2.2% | $93,514▼10.4% | $209,070▲5.9% | $533,218▼0.4% | 990 |
| 2019 | $102,870▼13.5% | $104,417▲14.3% | $197,427▼0.8% | $535,267▼2.7% | 990 |
| 2018 | $118,928▼11.3% | $91,352▲16.5% | $198,974▲16.1% | $549,921▲2.8% | 990 |
| 2017 | $134,138▲4.1% | $78,413▼1.0% | $171,398▲48.2% | $534,891▼5.2% | 990 |
| 2016 | $128,846▲1.8% | $79,186▼10.5% | $115,673▲75.2% | $564,509▼3.4% | 990 |
| 2015 | $126,600▲7.0% | $88,503▼14.2% | $66,013▲136% | $584,589▼0.6% | 990 |
| 2014 | $118,365▲0.8% | $103,094▼15.1% | $27,916▲121% | $587,841▼5.3% | 990 |
| 2013 | $117,377 | $121,497▲3.5% | $12,645▼24.6% | $620,586▼16.8% | 990 |
| 2012 | — | $117,431▼15.2% | $16,765▼1.6% | $745,947▼6.2% | 990 |
| 2011 | — | $138,513▲13.9% | $17,043▼55.8% | $794,969▼5.2% | 990 |
| 2010 | — | $121,659 | $38,556 | $838,245 | 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 Morgan Heights Water & Sewer Inc (EIN 84-1287344) 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.