Possumneck-carmack Water Association Inc is a 501(c)(12) organization based in West, Mississippi, registered in 2003, with $619,716 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$620K
▲ 132.6% vs prior year
Membership median: $185K
Expenses (FY2024)
$228K
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 Possumneck-carmack 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 →
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 Possumneck-carmack Water Association Inc: 57 mo reserves · +63% 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 Possumneck-carmack 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 →
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 Possumneck-carmack Water Association Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $117K (FY2013) to $620K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
63.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$20K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $619,716▲133% | $228,238▲29.1% | $1,075,823▲57.2% | $1,095,823▲55.6% | 990 |
| 2023 | $266,427▲44.1% | $176,748▲3.9% | $684,345▲15.1% | $704,345▲14.6% | 990 |
| 2022 | $184,874▲38.4% | $170,104▲6.6% | $594,666▲2.5% | $614,666▲2.5% | 990 |
| 2021 | $133,581▲8.5% | $159,610▼16.9% | $579,896▼4.3% | $599,896▼4.2% | 990 |
| 2020 | $123,090▼13.5% | $191,999▲21.8% | $605,924▼10.2% | $625,924▼9.9% | 990 |
| 2019 | $142,344▲15.0% | $157,655▼3.2% | $674,833▼2.2% | $694,833▼2.2% | 990 |
| 2018 | $123,800▲3.5% | $162,807▲3.7% | $690,147▼5.3% | $710,147▼5.2% | 990 |
| 2017 | $119,612▲1.7% | $156,996▲30.1% | $729,156▼4.9% | $749,156▼4.8% | 990 |
| 2016 | $117,607▼1.0% | $120,701▼4.4% | $766,541▼0.4% | $786,541▼0.4% | 990 |
| 2015 | $118,810▲1.3% | $126,312▲0.3% | $769,633▼1.0% | $789,633▼0.9% | 990 |
| 2014 | $117,323▲0.4% | $125,981▼8.8% | $777,135▼1.9% | $797,135▼1.1% | 990 |
| 2013 | $116,898 | $138,200▲0.7% | $791,793▼2.7% | $805,793▼2.6% | 990 |
| 2012 | — | $137,189▲10.2% | $813,395▼2.1% | $827,395▼16.0% | 990 |
| 2011 | — | $124,519▲1.3% | $831,200▼0.3% | $984,848▼0.7% | 990 |
| 2010 | — | $122,974 | $833,741 | $991,715 | 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 Possumneck-carmack Water Association Inc (EIN 64-0559860) 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.