One-five-o Water Supply Corp
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
One-five-o Water Supply Corp is a 501(c)(12) organization based in Coldspring, Texas, registered in 1985, with $871,669 in FY2024 revenue. CharityIndex grades it C+.
7630 State Hwy 150 W, Coldspring, TX, 77331 EIN 74-1728971 Since 1985
Revenue (FY2024)
$872K
▼ 2.2% vs prior year
Expenses (FY2024)
$826K
Net assets
$1.8M
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 One-five-o Water Supply Corp— 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 rating26 mo reserves · +5% 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 One-five-o Water Supply Corp: 26 mo reserves · +5% 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 One-five-o Water Supply Corp— 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 One-five-o Water Supply Corp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7630 State Hwy 150 W, Coldspring, TX, 77331
- City
- Coldspring
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $495K (FY2013) to $872K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $679KNet assets $1.8M
Operating margin
5.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$679K
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $871,669▼2.2% | $825,578▼4.3% | $1,770,142▼7.9% | $2,448,659▲1.4% | 990 |
| 2023 | $891,049▲5.7% | $862,374▲22.8% | $1,921,271▲1.7% | $2,414,643▲0.8% | 990 |
| 2022 | $842,659▲26.9% | $702,407▲7.8% | $1,888,836▲8.6% | $2,394,625▲6.7% | 990 |
| 2021 | $664,041▼1.7% | $651,503▲5.9% | $1,739,584▲1.1% | $2,244,447▼0.4% | 990 |
| 2020 | $675,752▲8.6% | $615,469▼7.5% | $1,720,986▲4.2% | $2,253,584▲3.4% | 990 |
| 2019 | $622,518▲3.3% | $665,265▲17.5% | $1,651,763▼2.2% | $2,179,775▼2.4% | 990 |
| 2018 | $602,572▲5.7% | $566,269▲5.8% | $1,688,190▲2.6% | $2,232,484▲1.4% | 990 |
| 2017 | $570,038▲1.9% | $535,143▼2.0% | $1,646,177▲2.4% | $2,201,906▲1.6% | 990 |
| 2016 | $559,445▲6.5% | $545,936▲1.5% | $1,608,172▲1.2% | $2,166,703▲0.2% | 990 |
| 2015 | $525,407▼0.2% | $537,725▼3.6% | $1,589,513▼0.5% | $2,162,275▼0.8% | 990 |
| 2014 | $526,410▲6.4% | $557,593▲3.4% | $1,597,241▼1.6% | $2,179,124▼1.5% | 990 |
| 2013 | $494,531 | $539,446▲6.7% | $1,622,544▼2.5% | $2,212,112▼2.7% | 990 |
| 2012 | — | $505,496 | $1,663,449▼1.0% | $2,272,448▼0.8% | 990 |
| 2011 | — | $505,263▲8.6% | $1,681,023▲2.0% | $2,291,057▲0.3% | 990 |
| 2010 | — | $465,079 | $1,647,620 | $2,283,871 | 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 One-five-o Water Supply Corp a legitimate nonprofit?
- Yes. One-five-o Water Supply Corp is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 74-1728971, based in Coldspring, Texas.
- What is One-five-o Water Supply Corp's EIN?
- One-five-o Water Supply Corp's Employer Identification Number (EIN) is 74-1728971.
- How much revenue does One-five-o Water Supply Corp report?
- One-five-o Water Supply Corp reported $871,669 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does One-five-o Water Supply Corp have?
- CharityIndex grades One-five-o Water Supply Corp C+, based on financial health (reserves and operating margin).
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Data for One-five-o Water Supply Corp (EIN 74-1728971) 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.