Multi-county Water Supply
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
Multi-county Water Supply is a 501(c)(12) organization based in Gatesville, Texas, registered in 1984, with $1,292,492 in FY2023 revenue. CharityIndex grades it C+.
Po Box 1006, Gatesville, TX, 76528 EIN 74-2146767 Since 1984
Revenue (FY2023)
$1.3M
▲ 12.7% vs prior year
Expenses (FY2023)
$994K
Net assets
$4.0M
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 Multi-county Water Supply— 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 rating48 mo reserves · +23% 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 Multi-county Water Supply: 48 mo reserves · +23% 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 Multi-county Water Supply— 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 Multi-county Water Supply: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 1006, Gatesville, TX, 76528
- City
- Gatesville
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $686K (FY2013) to $1.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.2MNet assets $4.0M
Operating margin
23.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.2M
Total liabilities
$1.2M
Net assets
$4.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,292,492▲12.7% | $994,121▲4.7% | $3,990,478▲11.7% | $5,233,867▲9.7% | 990 |
| 2022 | $1,146,717▲7.7% | $949,693▲8.9% | $3,573,305▲6.2% | $4,772,452▲3.4% | 990 |
| 2021 | $1,064,908▲7.0% | $871,900▲3.0% | $3,365,481▲6.5% | $4,613,959▲3.8% | 990 |
| 2020 | $995,682▲14.9% | $846,772▲11.5% | $3,159,573▲5.2% | $4,443,427▲2.7% | 990 |
| 2019 | $866,417▲4.0% | $759,101▲2.0% | $3,002,713▲4.0% | $4,326,708▲2.0% | 990 |
| 2018 | $833,323 | $744,023▲4.7% | $2,888,097▲3.4% | $4,240,638▲1.2% | 990 |
| 2017 | $832,997▲16.5% | $710,663▼3.0% | $2,793,397▲4.8% | $4,188,873▲2.2% | 990 |
| 2016 | $715,069▲5.1% | $732,392▲5.3% | $2,666,563▼0.4% | $4,098,221▼1.3% | 990 |
| 2015 | $680,336 | $695,414▲10.3% | $2,677,661▼0.3% | $4,150,134▼0.3% | 990 |
| 2014 | $680,250▼0.8% | $630,213▲6.1% | $2,684,689▲2.1% | $4,160,608▲0.4% | 990 |
| 2013 | $686,064 | $594,154▼9.4% | $2,628,602▲3.7% | $4,144,036▼3.6% | 990 |
| 2012 | — | $656,106▼7.2% | $2,534,417▲2.9% | $4,296,697▼0.4% | 990 |
| 2011 | — | $706,840▲12.0% | $2,463,406▲0.8% | $4,315,802▼1.1% | 990 |
| 2010 | — | $631,372 | $2,442,925 | $4,362,020 | 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 Multi-county Water Supply a legitimate nonprofit?
- Yes. Multi-county Water Supply is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 74-2146767, based in Gatesville, Texas.
- What is Multi-county Water Supply's EIN?
- Multi-county Water Supply's Employer Identification Number (EIN) is 74-2146767.
- How much revenue does Multi-county Water Supply report?
- Multi-county Water Supply reported $1,292,492 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Multi-county Water Supply have?
- CharityIndex grades Multi-county Water Supply C+, based on financial health (reserves and operating margin).
More nonprofits in Gatesville
Explore more
Data for Multi-county Water Supply (EIN 74-2146767) 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.