Multi-mart Water Association Inc
501(c)(12)Community
Only null% goes to programs Strong reserves Growing revenue
Multi-mart Water Association Inc is a 501(c)(12) organization based in Lucedale, Mississippi, registered in 2013, with $651,538 in FY2025 revenue. CharityIndex grades it C+.
Po Box 979, Lucedale, MS, 39452 EIN 64-0443936 Since 2013
Revenue (FY2025)
$652K
▲ 16.5% vs prior year
Community median: $184K
Expenses (FY2025)
$453K
Net assets
$1.1M
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-mart Water Association Inc— 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 rating29 mo reserves · +30% 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-mart Water Association Inc: 29 mo reserves · +30% 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-mart Water Association Inc— 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-mart Water Association Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 979, Lucedale, MS, 39452
- City
- Lucedale
- State
- Mississippi
- Subcategory
- Community & Neighborhood Development
Financial trends
Revenue grew from $222K (FY2013) to $652K (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $969KNet assets $1.1M
Operating margin
30.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$969K
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $651,538▲16.5% | $453,150▼0.4% | $1,093,711▲22.1% | $2,062,226▲7.2% | 990 |
| 2024 | $559,375▼8.8% | $455,108▼11.4% | $895,720▲13.2% | $1,924,569▲2.6% | 990 |
| 2023 | $613,510▲52.7% | $513,944▲32.6% | $791,453▲14.4% | $1,876,032▲2.6% | 990 |
| 2022 | $401,746▲4.0% | $387,730▲21.7% | $691,889▲7.6% | $1,829,256▼2.0% | 990 |
| 2021 | $386,110▲15.0% | $318,623▲0.2% | $642,782▲44.7% | $1,866,141▼0.2% | 990 |
| 2020 | $335,643▲27.9% | $318,122▲54.1% | $444,085▲4.1% | $1,870,149▲3.9% | 990 |
| 2019 | $262,458▲6.3% | $206,504▲3.8% | $426,564▲15.1% | $1,799,794▲83.5% | 990 |
| 2018 | $246,892▲8.5% | $198,869▼4.7% | $370,610▲14.9% | $981,026▲7.7% | 990 |
| 2017 | $227,618▼6.2% | $208,690▼9.4% | $322,587▲6.2% | $910,647▲3.3% | 990 |
| 2016 | $242,662▲8.8% | $230,287▲6.2% | $303,659▲4.2% | $881,558▲65.6% | 990 |
| 2015 | $223,045▲3.1% | $216,800▼7.4% | $291,282▲2.2% | $532,501▲68.5% | 990 |
| 2014 | $216,421▼2.3% | $234,060▲2.7% | $285,037▼5.8% | $316,007▼6.7% | 990 |
| 2013 | $221,561 | $227,934 | $302,676 | $338,566 | 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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Frequently asked questions
- Is Multi-mart Water Association Inc a legitimate nonprofit?
- Yes. Multi-mart Water Association Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 64-0443936, based in Lucedale, Mississippi.
- What is Multi-mart Water Association Inc's EIN?
- Multi-mart Water Association Inc's Employer Identification Number (EIN) is 64-0443936.
- How much revenue does Multi-mart Water Association Inc report?
- Multi-mart Water Association Inc reported $651,538 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Multi-mart Water Association Inc have?
- CharityIndex grades Multi-mart Water Association Inc C+, based on financial health (reserves and operating margin).
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Data for Multi-mart Water Association Inc (EIN 64-0443936) 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.