Aquilla Water Supply Corporation

Nonprofit profile at a glance

EIN
746060756
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Aquilla, TX, USA
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$105,976
Expenses
$87,828
Assets
$155,815
Liabilities
$44,653

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JACOB GERIK (VICE-PRESIDENT)

People named in this filing

  • TAMARA HARRISON (BOOKKEEPER)
  • JASON HAMNER (SYSTEM OPERATOR)
  • COURTNEY LEWIS (PRESIDENET)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Rural water provider

What it reported doing in 2024

Pumping, distribution, & sale of water to about 115 member users.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.2%; rating input score 81
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 17.1%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.77; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 28.5%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 5.1% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 4.8% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 81.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $88K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.