Operating record

Independence Water Association Inc

Courtland, MS · EIN 64-0468397 · files full Form 990 · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2021$279,862$249,404$30,45830.00%
2022$304,187$249,745$54,44232.50%
2023$323,359$279,826$43,53329.10%
2024$343,623$276,641$66,98234.90%

In its most recent public year (2024), this organization brought in $66,982 more than it spent. Its reserves stood at about 34.9 months of spending, up from 30 in 2021. Staff pay was 0% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗