Norge Water & Sewer Co Inc is a 501(c)(12) organization based in Chickasha, Oklahoma, registered in 1980, with $267,700 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$268K
▲ 12.4% vs prior year
Expenses (FY2024)
$237K
Net assets
$1.1M
Employees
—
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 →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 Norge Water & Sewer Co 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 Norge Water & Sewer Co Inc: 58 mo reserves · +12% margin earns a A 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 Norge Water & Sewer Co 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 Norge Water & Sewer Co Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $213K (FY2015) to $268K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
11.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$18K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $267,700▲12.4% | $236,907▲11.9% | $1,136,827▲2.8% | $1,154,902▲2.7% | 990 |
| 2023 | $238,085▲6.6% | $211,621▲5.4% | $1,106,167▲2.4% | $1,124,392▲2.4% | 990 |
| 2022 | $223,280▼8.2% | $200,807▼8.8% | $1,079,835▲2.1% | $1,097,985▲2.1% | 990 |
| 2021 | $243,260▲13.5% | $220,149▲25.0% | $1,057,495▲2.2% | $1,075,395▲2.2% | 990 |
| 2020 | $214,311▲1.4% | $176,094▲18.2% | $1,034,516▲3.8% | $1,052,341▲3.7% | 990 |
| 2019 | $211,329▼13.7% | $149,012▼6.4% | $996,394▲6.7% | $1,014,319▲6.5% | 990 |
| 2018 | $244,942▲10.1% | $159,277▲6.3% | $934,134▲10.1% | $952,159▲10.0% | 990 |
| 2017 | $222,501▲0.5% | $149,824▼5.1% | $848,524▲9.4% | $865,974▲9.2% | 990 |
| 2016 | $221,440▲4.0% | $157,837▼2.4% | $775,853▲8.9% | $792,828▲8.7% | 990 |
| 2015 | $213,021 | $161,749 | $712,171 | $729,158 | 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 Norge Water & Sewer Co Inc (EIN 73-1037856) 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.