Operating record

Holly Springs Water Supply Corporation

Hughes Spgs, TX · EIN 75-2178196 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$336,785$296,076$40,70917.524%
2021$351,316$317,186$34,13017.723%
2022$385,897$405,472−$19,57513.221%
2023$370,752$374,276−$3,52414.230%

In its most recent public year (2023), this organization spent $3,524 more than it brought in. Its reserves stood at about 14.2 months of spending, down from 17.5 in 2020. Staff pay was 30% of spending. $56,200 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 2023. 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 ↗