philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Lampton Water Association

Not tax-deductible

Columbia, MSMutual-benefit / member-servingEIN 64-0510572Revenue $836K in FY2024

On file with the IRSPo Box 901, 39429-0901 · Columbia, MSTax-exempt since Sep 1981

This page gets seen. Tell your story. Claim this org.

Rural Water Association organized to provide Water to residents of the community.

80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $94K a year · 22% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 9.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$772K
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 7 voting members
Concern: none of 7 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$836K
+125% vs prior year
Spent
$471K
To programs
80%
Net assets
$1.7M
By yearFY2020–FY2024
Revenue
$836K
FY2024▲ +125%
Tap a bar for its year
Revenue by fiscal year
FY2020$342K
FY2021$311K
FY2022$313K
FY2023$372K
FY2024$836K
Expenses
$471K
FY2024▲ +41%
Tap a bar for its year
Expenses by fiscal year
FY2020$290K
FY2021$301K
FY2022$309K
FY2023$334K
FY2024$471K
Net assets
$1.7M
FY2024▲ +27%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.3M
FY2023$1.3M
FY2024$1.7M

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $377K Management & general 20% · $94K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Charlie James
President
$0Pt VII · Sec A
Jackie Locke
Vice President
$0Pt VII · Sec A
Mattie Corker
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Eddie Pope
Director
$0Pt VII · Sec A
Joe Barber
Director
$0Pt VII · Sec A
See Lampton Water Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Brings clean water to rural community residents.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $377K · in their own filed words · FY2024
01

To provide water to approximately 800 members

$377Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$836K
Ln 12
Fees for servicesLn 2g$455K
Gifts and grantsLn 1h$379K
Investment incomeLn 3$3K
Money outPt IX
$471K
Ln 25
Programscol B$377K
Managementcol C$94K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$362K
Total assetsLn 16$2.5M
LiabilitiesLn 26$772K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$379K
Government grantsLn 1e$379K
Fees for servicesLn 2g$455K
Investment incomeLn 3$3K
Total revenueLn 12$836K
Assets in detailPt X, end of year
CashLn 1$20K
SavingsLn 2$342K
Cash and savings togetherLn 1–2$362K
Land, buildings, equipmentLn 10c$2.0M
Other assetsLn 15$336
Total assetsLn 16$2.5M
LiabilitiesLn 26$772K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$361K$362K
Land, buildings, equipmentLn 10c$1.7M$2.0M
Total assetsLn 16$2.2M$2.5M
LiabilitiesLn 26$820K$772K
Net assetsLn 32$1.3M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$93K$93K
Payroll taxesLn 10$8K$8K
InterestLn 20$7K$7K
Depreciation, depletion and amortizationLn 22$62K$62K
InsuranceLn 23$20K$20K
Other expenses (24a–d)Ln 24$218K$179K$39K
All other expensesLn 24e$62K$35K$28K
Total functional expensesLn 25$471K$377K$94K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $836K$471K$365K$1.7M 990 PDF
FY2023 $372K$334K$38K$1.3M 990 PDF
FY2022 $313K$309K$4K$1.3M 990 PDF
FY2021 $311K$301K$10K$1.3M 990 PDF
FY2020 $342K$290K$51K$1.3M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $836,207 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$378,800
I-9 Program service revenuePrior year $370,908$454,580
I-10 Investment incomePrior year $1,130$2,827
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $372,038$836,207
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $69,975$100,920
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $263,738$370,224
I-18 Total expensesPrior year $333,713$471,144
I-19 Revenue less expensesPrior year $38,325$365,063
Part VI · Governance 0 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $836,207 across 5 lines filed
VIII-1e Government grants$378,800
VIII-1h Total contributions, gifts and grants$378,800
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $454,580$454,580
VIII-3 Investment incomeExcluded from tax $2,827$2,827
VIII-12 Total revenueRelated to mission $454,580 · Unrelated business $0 · Excluded from tax $2,827$836,207
Part IX · Statement of functional expenses $471,144 across 7 lines filed
IX-7 Other salaries and wagesPrograms $92,954$92,954
IX-10 Payroll taxesPrograms $7,966$7,966
IX-20 InterestManagement $7,362$7,362
IX-22 Depreciation, depletion and amortizationPrograms $62,487$62,487
IX-23 InsuranceManagement $20,033$20,033
IX-24 Other expenses (24a–d)Programs $178,649 · Management $39,325$217,974
IX-24e All other expensesPrograms $34,657 · Management $27,711$62,368
IX-25 Total functional expensesPrograms $376,713 · Management $94,431 · Fundraising $0$471,144
Part X · Balance sheet $2,480,971 assets, 11 lines filed
Asset lines not itemized here account for $35,552; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $6,687$19,699
X-2 Savings and temporary cash investmentsStart of year $354,682$342,333
X-4 Accounts receivableStart of year $48,361$48,361
X-10c Land, buildings and equipment, netStart of year $1,718,377$2,034,690
X-15 Other assetsStart of year $200$336
X-16 Total assetsStart of year $2,163,858$2,480,971
X-25 Other liabilitiesStart of year $16,298$15,315
X-26 Total liabilitiesStart of year $820,289$772,337
X-27 Net assets without donor restrictionsStart of year $1,343,569$1,708,634
X-32 Total net assets or fund balancesStart of year $1,343,569$1,708,634
X-33 Total liabilities and net assetsStart of year $2,163,858$2,480,971
Part XI · Reconciliation of net assets $1,708,634 net assets at year end
XI-1 Total revenue$836,207
XI-2 Total expenses$471,144
XI-3 Revenue less expenses$365,063
XI-4 Net assets at start of year$1,343,569
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,708,634

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.