Tri-water System Inc
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
Tri-water System Inc is a 501(c)(12) organization based in Farmerville, Louisiana, registered in 1992, with $470,193 in FY2023 revenue. CharityIndex grades it C+.
Po Box 571, Farmerville, LA, 71241 EIN 72-1101102 Since 1992
Revenue (FY2023)
$470K
▲ 62.7% vs prior year
Expenses (FY2023)
$322K
Net assets
$377K
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 Tri-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 rating14 mo reserves · +32% 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 Tri-water System Inc: 14 mo reserves · +32% 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 Tri-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 →
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 Tri-water System 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 571, Farmerville, LA, 71241
- City
- Farmerville
- State
- Louisiana
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $140K (FY2013) to $470K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $112KNet assets $377K
Operating margin
31.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$489K
Total liabilities
$112K
Net assets
$377K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $470,193▲62.7% | $321,583▲53.1% | $376,849▲65.1% | $488,611▲1.9% | 990 |
| 2022 | $289,011▲63.7% | $210,013▲22.5% | $228,239▲52.9% | $479,732▲87.7% | 990 |
| 2021 | $176,603▼10.7% | $171,431▲0.1% | $149,241▲3.6% | $255,609▼2.8% | 990 |
| 2020 | $197,773▲5.9% | $171,297▼19.7% | $144,067▲22.5% | $262,903▲18.8% | 990 |
| 2019 | $186,734▼4.4% | $213,377▼0.6% | $117,591▼18.5% | $221,353▼1.4% | 990 |
| 2018 | $195,373▼0.5% | $214,674▲46.8% | $144,234▼11.8% | $224,506▼4.1% | 990 |
| 2017 | $196,429▲15.9% | $146,189▲22.7% | $163,535▲44.3% | $234,075▲22.2% | 990 |
| 2016 | $169,410▲17.6% | $119,146▲12.0% | $113,295▲79.7% | $191,574▲13.2% | 990 |
| 2015 | $144,069▲2.8% | $106,368▼19.8% | $63,031▲149% | $169,172▲9.8% | 990 |
| 2014 | $140,165 | $132,706▼0.5% | $25,330▲41.7% | $154,076▼15.1% | 990 |
| 2013 | $140,207 | $133,387▼12.6% | $17,871▲61.7% | $181,550▲2.1% | 990 |
| 2012 | — | $152,650▲28.7% | $11,051▼56.7% | $177,867▼25.1% | 990 |
| 2011 | — | $118,595 | $25,521 | $237,371 | 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 Tri-water System Inc a legitimate nonprofit?
- Yes. Tri-water System Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 72-1101102, based in Farmerville, Louisiana.
- What is Tri-water System Inc's EIN?
- Tri-water System Inc's Employer Identification Number (EIN) is 72-1101102.
- How much revenue does Tri-water System Inc report?
- Tri-water System Inc reported $470,193 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Tri-water System Inc have?
- CharityIndex grades Tri-water System Inc C+, based on financial health (reserves and operating margin).
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Data for Tri-water System Inc (EIN 72-1101102) 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.