Mount Olive Water Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,200,572 | 1,544,943 | −344,371 | 30.6 | 14% |
| 2013 | 1,305,516 | 1,380,934 | −75,418 | 33.9 | 16% |
| 2014 | 1,588,691 | 1,326,279 | 262,412 | 37.8 | 15% |
| 2015 | 1,433,615 | 1,370,668 | 62,947 | 37.6 | 16% |
| 2016 | 1,476,828 | 1,563,264 | −86,436 | 32.3 | 15% |
| 2017 | 1,458,064 | 1,407,335 | 50,729 | 36.6 | 17% |
| 2018 | 1,531,138 | 1,458,936 | 72,202 | 35.9 | 17% |
| 2019 | 2,027,144 | 1,532,432 | 494,712 | 38.0 | 17% |
| 2020 | 1,660,613 | 1,856,871 | −196,258 | 30.1 | 15% |
| 2021 | 1,761,667 | 1,772,989 | −11,322 | 31.5 | 15% |
| 2022 | 1,825,037 | 1,790,330 | 34,707 | 31.4 | 16% |
| 2023 | 5,404,232 | 2,097,894 | 3,306,338 | 45.7 | 15% |
| 2024 | 5,191,690 | 2,109,019 | 3,082,671 | 63.0 | 17% |
In its most recent public year (2024), this organization brought in $3,082,671 more than it spent. Its reserves stood at about 63 months of spending, up from 30.6 in 2012. Staff pay was 17% of spending. $75,000 of its net assets are donor-restricted.
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
Mount Olive Water Association's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works