Gibson Water Authority

Nonprofit profile at a glance

EIN
351412705
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Haubstadt, IN, USA
Phone
8127686899
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$4,028,292
Expenses
$3,695,185
Assets
$22,346,742
Liabilities
$6,366,938

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DUANE MICHEL (PRESIDENT)

Highest reported compensation

  • PATRICIA CAMPBELL (SECRETARY): $5,200 total reported compensation
  • KREIG CHRISTY (VICE PRESIDE): $5,200 total reported compensation
  • DUANE MICHEL (PRESIDENT): $5,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide water to its members.

Operating model

Revenue model
Earned-program. 88% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 90
  • Accountability: 14
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.5%; rating input score 77
  • Program expense ratio: 84%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 8.3%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 6.05; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.28; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0.6%; rating input score 79; 79th percentile among comparable filings

Growth

  • Program expense growth: 10.8% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 5.1% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 76.5% of revenue deployed · 84% of spending went to programs
  • Governance: 0 of 5 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.1M in reported program spending
  • Leadership: top reported pay $5K · 5 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 5 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 — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Review — Sustainability: Operating margin scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.