V A W Water System Inc
501(c)(12)
Only null% goes to programs Strong reserves
V A W Water System Inc is a 501(c)(12) organization based in Vinemont, Alabama, registered in 1975, with $4,098,676 in FY2024 revenue. CharityIndex grades it B.
11802 Al Highway 157, Vinemont, AL, 35179 EIN 63-0598413 Since 1975
Revenue (FY2024)
$4.1M
▼ 2.8% vs prior year
Expenses (FY2024)
$4.3M
Net assets
$9.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 V A W 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 →
B+Financial health25% of the rating26 mo reserves · -4% 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 V A W Water System Inc: 26 mo reserves · -4% margin earns a B+ 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 V A W 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 V A W 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
Financial trends
Revenue grew from $2.7M (FY2013) to $4.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.6MNet assets $9.4M
Operating margin
-3.9%
Spent more than it raised in the latest fiscal year.
Total assets
$12.0M
Total liabilities
$2.6M
Net assets
$9.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,098,676▼2.8% | $4,258,206▲7.4% | $9,384,419▼1.7% | $12,022,089▼2.7% | 990 |
| 2023 | $4,217,314▲4.0% | $3,963,733▼13.8% | $9,543,949▲2.5% | $12,351,996▲1.0% | 990 |
| 2022 | $4,054,194▲0.7% | $4,598,595▲21.8% | $9,313,297▼5.5% | $12,227,306▼5.2% | 990 |
| 2021 | $4,026,723▲7.8% | $3,775,302▲0.1% | $9,856,334▲2.6% | $12,897,303▲0.6% | 990 |
| 2020 | $3,736,922▼2.0% | $3,772,895▲2.0% | $9,604,913▼0.4% | $12,821,625▼1.1% | 990 |
| 2019 | $3,814,966▲2.7% | $3,700,340▲2.7% | $9,640,885▲1.2% | $12,969,683▼7.2% | 990 |
| 2018 | $3,713,743▲2.4% | $3,603,241▲9.9% | $9,526,259▲1.2% | $13,978,085▲4.2% | 990 |
| 2017 | $3,627,965▼0.2% | $3,277,792▲2.1% | $9,415,852▲3.9% | $13,409,377▲31.7% | 990 |
| 2016 | $3,634,448▲23.2% | $3,210,254▲3.7% | $9,065,679▲4.9% | $10,184,128▲1.4% | 990 |
| 2015 | $2,950,362▲1.8% | $3,094,973▲6.9% | $8,641,485▼1.6% | $10,043,170▼3.5% | 990 |
| 2014 | $2,898,406▲5.8% | $2,895,702▲11.7% | $8,786,092 | $10,402,828▼2.0% | 990 |
| 2013 | $2,740,544 | $2,593,280▲1.7% | $8,783,388▲1.7% | $10,613,589▼1.0% | 990 |
| 2012 | — | $2,548,863▲5.8% | $8,636,124▲0.1% | $10,723,292▼2.2% | 990 |
| 2011 | — | $2,408,311▲3.1% | $8,630,112▲2.2% | $10,960,209▼0.3% | 990 |
| 2010 | — | $2,335,578▼5.8% | $8,441,979▲3.2% | $10,994,976▲0.2% | 990 |
| 2009 | — | $2,479,489 | $8,183,430 | $10,969,524 | 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 V A W Water System Inc a legitimate nonprofit?
- Yes. V A W Water System Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 63-0598413, based in Vinemont, Alabama.
- What is V A W Water System Inc's EIN?
- V A W Water System Inc's Employer Identification Number (EIN) is 63-0598413.
- How much revenue does V A W Water System Inc report?
- V A W Water System Inc reported $4,098,676 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does V A W Water System Inc have?
- CharityIndex grades V A W Water System Inc B, based on financial health (reserves and operating margin).
More nonprofits in Vinemont
Explore more
Data for V A W Water System Inc (EIN 63-0598413) 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.