Morningside Water Users Co-operative is a 501(c)(12) organization based in Artesia, New Mexico, registered in 1988, with $95,621 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$96K
▼ 10.3% vs prior year
Expenses (FY2024)
$107K
Net assets
$156K
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 Morningside Water Users Co-operative— 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 Morningside Water Users Co-operative: 18 mo reserves · -12% margin earns a C+ 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 Morningside Water Users Co-operative— 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 Morningside Water Users Co-operative: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $59K (FY2010) to $96K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
-11.9%
Spent more than it raised in the latest fiscal year.
Total assets
$162K
Total liabilities
$5,551
Net assets
$156K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $95,621▼10.3% | $106,977▼0.7% | $156,079▼6.8% | $161,630▼4.7% | 990EZ |
| 2023 | $106,630▲5.3% | $107,698▲6.5% | $167,435▼0.6% | $169,609▼0.7% | 990EZ |
| 2022 | $101,220▲18.4% | $101,170▲20.2% | $168,503 | $170,838▼0.1% | 990EZ |
| 2021 | $85,522▼17.1% | $84,184▼22.5% | $168,453▲0.8% | $170,925▼7.7% | 990EZ |
| 2020 | $103,127 | $108,648▲13.2% | $167,115▼3.2% | $185,200▼2.0% | 990EZ |
| 2019 | $103,127▲11.0% | $96,002▼25.4% | $172,636▲4.3% | $188,937▼3.1% | 990EZ |
| 2018 | $92,871▲8.2% | $128,697▲21.8% | $165,511▼17.8% | $195,000▼4.3% | 990EZ |
| 2017 | $85,860▼6.3% | $105,620▲15.8% | $201,312▼8.9% | $203,694▼8.9% | 990EZ |
| 2016 | $91,655▲4.2% | $91,209▼0.9% | $221,072▲0.2% | $223,588▲0.2% | 990EZ |
| 2015 | $87,968▲16.9% | $92,053▲2.8% | $220,626▼1.8% | $223,039▼2.1% | 990EZ |
| 2014 | $75,245▲3.1% | $89,520▲14.4% | $224,711▼4.6% | $227,831▼4.5% | 990EZ |
| 2013 | $72,970▲3.8% | $78,248▼4.3% | $235,647▼2.2% | $238,473▼2.2% | 990EZ |
| 2012 | $70,321▼2.4% | $81,728▲7.8% | $240,925▼4.5% | $243,862▼4.5% | 990EZ |
| 2011 | $72,064▲21.3% | $75,799▲3.1% | $252,332▼1.5% | $255,243▼1.6% | 990EZ |
| 2010 | $59,399 | $73,494 | $256,067 | $259,445 | 990EZ |
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 Morningside Water Users Co-operative (EIN 85-0234009) 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.