Sterrett-vandiver Water System Inc
Only null% goes to programs Strong reserves Growing revenue
Sterrett-vandiver Water System Inc is a 501(c)(12) organization based in Sterrett, Alabama, registered in 2004, with $763,161 in FY2024 revenue. CharityIndex grades it B.
Po Box 220, Sterrett, AL, 35147 EIN 62-1370148 Since 2004
Revenue (FY2024)
$763K
▲ 4.0% vs prior year
Membership median: $185K
Expenses (FY2024)
$767K
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Sterrett-vandiver Water System 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 rating32 mo reserves · -1% 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 Sterrett-vandiver Water System Inc: 32 mo reserves · -1% 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 Sterrett-vandiver Water System Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Sterrett-vandiver Water System Inc: 2 of 5 disclosure signals earns a C 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 220, Sterrett, AL, 35147
- City
- Sterrett
- State
- Alabama
- Category
- Mutual & Membership Benefit
- Subcategory
- Insurance Providers
- Website
- …
Financial trends
Revenue grew from $727K (FY2013) to $763K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $350KNet assets $2.0M
Operating margin
-0.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$350K
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $763,161▲4.0% | $767,071▲9.7% | $2,024,448▼0.2% | $2,374,622▼0.1% | 990 |
| 2023 | $733,806▲2.4% | $699,506▲5.0% | $2,028,358▲1.7% | $2,377,846▲1.5% | 990 |
| 2022 | $716,706▲10.8% | $666,092▲11.2% | $1,994,058▲2.6% | $2,343,775▲1.8% | 990 |
| 2021 | $647,054▼5.9% | $599,144▼4.4% | $1,943,444▲2.5% | $2,302,445▲2.0% | 990 |
| 2020 | $687,902▲1.5% | $626,699▼1.6% | $1,895,534▲3.3% | $2,258,080▲2.4% | 990 |
| 2019 | $677,981▼4.2% | $636,623▼1.9% | $1,834,331▲2.3% | $2,205,707▲0.7% | 990 |
| 2018 | $707,907▼1.8% | $649,061▲6.3% | $1,792,973▲3.4% | $2,189,571▲2.6% | 990 |
| 2017 | $721,234▲5.7% | $610,792▲12.1% | $1,734,123▲6.8% | $2,134,099▲25.6% | 990 |
| 2016 | $682,151▲11.0% | $545,027▲5.3% | $1,623,681▲9.2% | $1,699,268▲9.1% | 990 |
| 2015 | $614,762▼8.5% | $517,440▲7.0% | $1,486,557▲7.0% | $1,557,514▲7.1% | 990 |
| 2014 | $671,615▼7.7% | $483,648▲9.1% | $1,389,235▲15.6% | $1,454,411▲0.7% | 990 |
| 2013 | $727,316 | $443,304▼6.4% | $1,201,268▲31.0% | $1,444,398▲47.0% | 990 |
| 2012 | — | $473,515▲3.6% | $917,256▲8.2% | $982,767▲7.6% | 990 |
| 2011 | — | $457,087▲3.3% | $847,457▲9.0% | $913,168▲3.6% | 990 |
| 2010 | — | $442,541 | $777,292 | $881,246 | 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 Sterrett-vandiver Water System Inc a legitimate nonprofit?
- Yes. Sterrett-vandiver Water System Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 62-1370148, based in Sterrett, Alabama.
- What is Sterrett-vandiver Water System Inc's EIN?
- Sterrett-vandiver Water System Inc's Employer Identification Number (EIN) is 62-1370148.
- How much revenue does Sterrett-vandiver Water System Inc report?
- Sterrett-vandiver Water System Inc reported $763,161 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sterrett-vandiver Water System Inc have?
- CharityIndex grades Sterrett-vandiver Water System Inc B, based on financial health (reserves and operating margin).
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Data for Sterrett-vandiver Water System Inc (EIN 62-1370148) 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.