Janice Water Association

Not tax-deductible

Brooklyn, MSMutual-benefit / member-servingMutual/MembershipEIN 93-1007235Revenue $172K in FY2025

On file with the IRSPo Box 220, 39425-0220 · Brooklyn, MSTax-exempt since Apr 2020

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Provide water to rural aresa

100¢ of each $1 spent went to programs.
$24K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $4K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$24K
to officers and key staff · 13% of spending
Top officer’s pay higher than 56% of similar orgs
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$254K
194% of total assets
Concern: liabilities are 194% 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
$172K
-0.7% vs prior year
Spent
$189K
To programs
100%
Net assets
−$123K
By yearFY2020–FY2025
Revenue
$172K
FY2025▼ -0.7%
Tap a bar for its year
Revenue by fiscal year
FY2020$153K
FY2022$163K
FY2023$158K
FY2024$173K
FY2025$172K
Expenses
$189K
FY2025-0.4%
Tap a bar for its year
Expenses by fiscal year
FY2020$131K
FY2022$148K
FY2023$143K
FY2024$190K
FY2025$189K
Net assets
−$123K
FY2025▼ -16%
Tap a bar for its year
Net assets by fiscal year
FY2020−$134K
FY2022−$105K
FY2023−$90K
FY2024−$106K
FY2025−$123K

From the FY2025 Form 990 (year ending September 2025) · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Revoked Feb 2012, reinstated. IRS ruling Apr 2020, per the IRS master file. Latest filing on record: FY2025. IRS ruling in Apr 2020.

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% · $189K

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

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Who runs it and what they're paid

5 people listed on the 990; $24K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$13,700Pt VII · Sec A
$7,200Pt VII · Sec A
Director
$3,348Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Terry Clark’s $14K as Director is at the 56th percentile of top reported officer pay among 539 $100K–1M 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.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2020
Terry Clark$13,700$10,738$12,213$11,378$9,400
Thomas M Shattles$7,200$7,625$7,625——
Carl Craft$3,348$925———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Janice Water Association is a member-serving organization based in Brooklyn, MS.

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Provided by the organization

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1 program · $189K · in their own filed words · FY2024
01

To Provide Affordable Drinking Water

$189Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$172K
Ln 12
Fees for servicesLn 2g$172K
Investment incomeLn 3$143
Money outPt IX
$189K
Ln 25
Programscol B$189K
Owns and owesPt X
−$123K
net assets · Ln 32
Cash and savingsLn 1–2$70K
Total assetsLn 16$131K
LiabilitiesLn 26$254K
PeoplePt VI, VII
5
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$172K
Investment incomeLn 3$143
Total revenueLn 12$172K
Assets in detailPt X, end of year
CashLn 1$24K
SavingsLn 2$45K
Cash and savings togetherLn 1–2$70K
Land, buildings, equipmentLn 10c$43K
Other assetsLn 15$100
Total assetsLn 16$131K
LiabilitiesLn 26$254K
Net assetsLn 32−$123K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderSeptember
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 FY25End FY25
Cash and savingsLn 1–2$111K$70K
Land, buildings, equipmentLn 10c$56K$43K
Total assetsLn 16$191K$131K
LiabilitiesLn 26$298K$254K
Net assetsLn 32−$106K−$123K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$10K$10K
Accounting feesLn 11c$2K$2K
Office expensesLn 13$2K$2K
OccupancyLn 16$28K$28K
TravelLn 17$5K$5K
InterestLn 20$12K$12K
Depreciation, depletion and amortizationLn 22$14K$14K
InsuranceLn 23$17K$17K
Other expenses (24a–d)Ln 24$93K$93K
All other expensesLn 24e$7K$7K
Total functional expensesLn 25$189K$189K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $172K$189K−$17K−$123K 990 PDF
FY2024 $173K$190K−$16K−$106K 990 PDF
FY2023 $158K$143K$15K−$90K 990 PDF
FY2022 $163K$148K$15K−$105K 990 PDF
FY2021 Not on file
FY2020 $153K$131K$22K−$134K 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 FY2025 990 (6 parts)
Part I · Summary $172,082 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $173,101$171,939
I-10 Investment incomePrior year $135$143
I-11 Other revenue$0
I-12 Total revenuePrior year $173,236$172,082
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $189,628$188,917
I-18 Total expensesPrior year $189,628$188,917
I-19 Revenue less expensesPrior year −$16,392−$16,835
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $172,082 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $171,939$171,939
VIII-3 Investment incomeRelated to mission $143$143
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $172,082 · Unrelated business $0 · Excluded from tax $0$172,082
Part IX · Statement of functional expenses $188,917 across 10 lines filed
IX-11a Management feesPrograms $10,000$10,000
IX-11c Accounting feesPrograms $1,600$1,600
IX-13 Office expensesPrograms $1,673$1,673
IX-16 OccupancyPrograms $28,291$28,291
IX-17 TravelPrograms $5,003$5,003
IX-20 InterestPrograms $11,569$11,569
IX-22 Depreciation, depletion and amortizationPrograms $13,500$13,500
IX-23 InsurancePrograms $16,786$16,786
IX-24 Other expenses (24a–d)Programs $93,315$93,315
IX-24e All other expensesPrograms $7,180$7,180
IX-25 Total functional expensesPrograms $188,917 · Management $0 · Fundraising $0$188,917
Part X · Balance sheet $131,259 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $67,436$24,410
X-2 Savings and temporary cash investmentsStart of year $43,890$45,433
X-4 Accounts receivableStart of year $18,027$12,685
X-9 Prepaid expenses and deferred chargesStart of year $5,402$5,402
X-10c Land, buildings and equipment, netStart of year $56,302$43,229
X-15 Other assetsStart of year $100$100
X-16 Total assetsStart of year $191,157$131,259
X-17 Accounts payable and accrued expensesStart of year $1,153$1,153
X-24 Unsecured notes and loans payableStart of year $289,103$245,966
X-25 Other liabilitiesStart of year $7,273$7,297
X-26 Total liabilitiesStart of year $297,529$254,416
X-32 Total net assets or fund balancesStart of year −$106,372−$123,157
X-33 Total liabilities and net assetsStart of year $191,157$131,259
Part XI · Reconciliation of net assets −$123,157 net assets at year end
XI-1 Total revenue$172,082
XI-2 Total expenses$188,917
XI-3 Revenue less expenses−$16,835
XI-4 Net assets at start of year−$106,372
XI-9 Other changes in net assets$50
XI-10 Net assets at end of year−$123,157

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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