Leaf Water Association INC

IRS exemption revoked

Mc Lain, MSMutual-benefit / member-servingMutual/MembershipEIN 64-0792340

Provide safe clean drinking water to community residents.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $6K a year · 7% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$241K
83% of total assets
Concern: liabilities are 83% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$83K
+10% vs prior year
Spent
$72K
To programs
100%
Net assets
$50K
By yearFY2019–FY2022
Revenue
$83K
FY2022▲ +10%
Revenue by fiscal year
FY2019$64K
FY2020$69K
FY2021$76K
FY2022$83K
Expenses
$72K
FY2022▼ -6%
Expenses by fiscal year
FY2019Not on file
FY2020Not on file
FY2021$76K
FY2022$72K
Net assets
$50K
FY2022▲ +30%
Net assets by fiscal year
FY2019$35K
FY2020$39K
FY2021$38K
FY2022$50K

From the FY2022 Form 990 · see the original

IRS revoked this organization's tax-exempt status on May 15, 2026

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022. IRS ruling in Apr 2018.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $72K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A

William Gammill’s $790 as Pres is at the 18th percentile of top reported officer pay among 159 <$100K mutual/membership nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Leaf Water Association INC executive salaries →

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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

Delivers safe, clean drinking water to community residents.

Provided by the organization

This section is blank until Leaf Water Association INC claims this page.

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1 program service account for $72K of program spending, described in the organization's own filed words · FY2022.
01

Provided safe drinking water to community residents.

$72Kprogram expense

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By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$83K
Ln 12
Fees for servicesLn 2g$83K
Money outPt IX
$72K
Ln 25
Programscol B$72K
Owns and owesPt X
$50K
net assets · Ln 32
Cash and savingsLn 1–2$31K
Total assetsLn 16$291K
LiabilitiesLn 26$241K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$83K
Total revenueLn 12$83K
Assets in detailPt X, end of year
CashLn 1$31K
Cash and savings togetherLn 1–2$31K
Land, buildings, equipmentLn 10c$252K
Total assetsLn 16$291K
LiabilitiesLn 26$241K
Net assetsLn 32$50K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$48K$31K
Land, buildings, equipmentLn 10c$252K$252K
Total assetsLn 16$304K$291K
LiabilitiesLn 26$266K$241K
Net assetsLn 32$38K$50K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$14K$14K
Payroll taxesLn 10$1K$1K
Accounting feesLn 11c$675$675
Office expensesLn 13$697$697
Information technologyLn 14$1K$1K
OccupancyLn 16$8K$8K
TravelLn 17$1K$1K
InterestLn 20$9K$9K
Depreciation, depletion and amortizationLn 22$11K$11K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$5K$5K
All other expensesLn 24e$15K$15K
Total functional expensesLn 25$72K$72K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $83K$72K$12K$50K 990 PDF
FY2021 $76K$76K−$520$38K 990 PDF
FY2020 $69K$39K 990 PDF
FY2019 $64K$35K 990 PDF

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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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $83,191 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $83,191$83,191
VIII-12 Total revenueRelated to mission $83,191 · Unrelated business $0 · Excluded from tax $0$83,191
Part IX · Statement of functional expenses $71,563 across 12 lines filed
IX-7 Other salaries and wagesPrograms $14,241$14,241
IX-10 Payroll taxesPrograms $1,138$1,138
IX-11c Accounting feesPrograms $675$675
IX-13 Office expensesPrograms $697$697
IX-14 Information technologyPrograms $1,252$1,252
IX-16 OccupancyPrograms $7,847$7,847
IX-17 TravelPrograms $1,070$1,070
IX-20 InterestPrograms $8,605$8,605
IX-22 Depreciation, depletion and amortizationPrograms $11,159$11,159
IX-23 InsurancePrograms $4,554$4,554
IX-24 Other expenses (24a–d)Programs $5,259$5,259
IX-24e All other expensesPrograms $15,066$15,066
IX-25 Total functional expensesPrograms $71,563 · Management $0 · Fundraising $0$71,563
Part X · Balance sheet $290,805 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $47,710$31,489
X-4 Accounts receivableStart of year $4,417$7,126
X-10c Land, buildings and equipment, netStart of year $252,349$252,190
X-16 Total assetsStart of year $304,476$290,805
X-17 Accounts payable and accrued expensesStart of year $942$896
X-26 Total liabilitiesStart of year $266,051$240,752
X-32 Total net assets or fund balancesStart of year $38,425$50,053
X-33 Total liabilities and net assetsStart of year $304,476$290,805
Part XI · Reconciliation of net assets $50,053 net assets at year end
XI-1 Total revenue$83,191
XI-2 Total expenses$71,563
XI-3 Revenue less expenses$11,628
XI-4 Net assets at start of year$38,425
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$50,053

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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