Lafayette Springs Water Assn Inc

Oxford, MS
Tax-exempt since Sept. 2019
EIN: 64-0471245

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Category: Public, Society Benefit — Multipurpose and Other / Public Utilities (NTEE)

Donations to this organization are not tax deductible.

Revenue

$140k (2023)

Expenses

$123k (2023)

Total Assets

$1.05M (2023)

Total Liabilities

$431k (2023)

Years with missing data

Source: Form 990 tax filings from 2008 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$140,293

Expenses

$122,791

Net Income

$17,502

Net Assets

$621,747

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$132,334	94.3%
Investment Income	$7,959	5.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$28,695	23.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,052,992
Total Liabilities	$431,245
Net Assets	$621,747

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Allen (President)	$28,695	$0	$0
Randy Bishop (Director)	$0	$0	$0
Mac Quarles (Secretary)	$0	$0	$0
James Mooney (Director)	$0	$0	$0
Steve Montgomery (Vice President)	$0	$0	$0

+ View more people

990

Filed on May 29, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$127,748

Expenses

$108,861

Net Income

$18,887

Net Assets

$604,245

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$127,154	99.5%
Investment Income	$594	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$27,288	25.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,052,764
Total Liabilities	$448,519
Net Assets	$604,245

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Allen (President)	$27,288	$0	$0
Randy Bishop (Director)	$0	$0	$0
Mac Quarles (Secretary)	$0	$0	$0
James Mooney (Director)	$0	$0	$0
Steve Montgomery (Vice President)	$0	$0	$0

+ View more people

990

Filed on July 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$126,774

Expenses

$107,034

Net Income

$19,740

Net Assets

$585,358

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$126,171	99.5%
Investment Income	$603	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$23,281	21.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,050,565
Total Liabilities	$465,207
Net Assets	$585,358

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Allen (President)	$0	$0	$0
Stanley Pielak (Treasurer)	$0	$0	$0
Mac Quarles (Director)	$0	$0	$0
James Mooney (Director)	$0	$0	$0
Steve Montgomery (Vice President)	$0	$0	$0

+ View more people

990

Filed on Sept. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$117,325

Expenses

$98,598

Net Income

$18,727

Net Assets

$565,618

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$116,092	98.9%
Investment Income	$1,233	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$19,491	19.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,046,451
Total Liabilities	$480,833
Net Assets	$565,618

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Allen (President)	$19,491	$0	$0
Stanley Pielak (Treasurer)	$0	$0	$0
Mac Quarles (Director)	$0	$0	$0
James Mooney (Director)	$0	$0	$0
Steve Montgomery (Vice President)	$0	$0	$0

+ View more people

990

Filed on May 16, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$118,319

Expenses

$132,191

Net Income

-$13,872

Net Assets

$546,891

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$116,889	98.8%
Investment Income	$1,430	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$19,491	14.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,043,045
Total Liabilities	$496,154
Net Assets	$546,891

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Allen (President)	$19,491	$0	$0
Stanley Pielak (Treasurer)	$0	$0	$0
Perry Ivy (Vice President)	$0	$0	$0
James Mooney (Director)	$0	$0	$0
Steve Montgomery (Director)	$0	$0	$0

+ View more people

990

Filed on June 5, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$102,020

Expenses

$96,330

Net Income

$5,690

Net Assets

$560,763

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$101,544	99.5%
Investment Income	$476	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$19,275	20.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,072,671
Total Liabilities	$511,908
Net Assets	$560,763

Club or Co-Op Income
Income From Members	$101,544
Income From Other Sources	$0

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2017

Revenue

$102,525

Expenses

$103,320

Net Income

-$795

Net Assets

$555,073

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$102,236	99.7%
Investment Income	$289	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$18,192	17.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,080,130
Total Liabilities	$525,057
Net Assets	$555,073

Club or Co-Op Income
Income From Members	$102,236
Income From Other Sources	$0

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2016

Revenue

$96,212

Expenses

$97,537

Net Income

-$1,325

Net Assets

$555,868

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$95,923	99.7%
Investment Income	$289	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$18,192	18.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,094,225
Total Liabilities	$538,357
Net Assets	$555,868

Club or Co-Op Income
Income From Members	$95,923
Income From Other Sources	$0

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2015

Revenue

$92,835

Expenses

$98,954

Net Income

-$6,119

Net Assets

$557,193

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$92,552	99.7%
Investment Income	$283	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$18,192	18.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,108,469
Total Liabilities	$551,276
Net Assets	$557,193

Club or Co-Op Income
Income From Members	$92,552
Income From Other Sources	$0

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2014

Revenue

$130,909

Expenses

$101,577

Net Income

$29,332

Net Assets

$563,312

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$130,631	99.8%
Investment Income	$278	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$18,192	17.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,126,851
Total Liabilities	$563,539
Net Assets	$563,312

Club or Co-Op Income
Income From Members	$130,631
Income From Other Sources	$0

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2013

Revenue

$75,897

Expenses

$104,271

Net Income

-$28,374

Net Assets

$533,980

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$75,579	99.6%
Investment Income	$318	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$18,192	17.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,107,294
Total Liabilities	$573,314
Net Assets	$533,980

Club or Co-Op Income
Income From Members	$75,579
Income From Other Sources	$0

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2011

Revenue

$185,193

Expenses

$93,258

Net Income

$91,935

Net Assets

$580,278

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$96,515	52.1%
Program Services	$88,117	47.6%
Investment Income	$561	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$17,276	18.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,175,198
Total Liabilities	$594,920
Net Assets	$580,278

Club or Co-Op Income
Income From Members	$88,117
Income From Other Sources	$0

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2010

Revenue

$268,964

Expenses

$84,501

Net Income

$184,463

Net Assets

$488,343

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$195,524	72.7%
Program Services	$72,976	27.1%
Investment Income	$464	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$12,020	14.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,497	7.7%

Assets/Debt
Total Assets	$1,093,770
Total Liabilities	$605,427
Net Assets	$488,343

Club or Co-Op Income
Income From Members	$72,976
Income From Other Sources	$0

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2009

Revenue

$117,597

Expenses

$69,329

Net Income

$48,268

Net Assets

$303,880

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$49,120	41.8%
Program Services	$67,572	57.5%
Investment Income	$905	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$16,730	24.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$912,898
Total Liabilities	$609,018
Net Assets	$303,880

Club or Co-Op Income
Income From Members	$67,572
Income From Other Sources	$0

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2008

Revenue

$358,507

Expenses

$71,535

Net Income

$286,972

Net Assets

$255,578

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$294,000	82.0%
Program Services	$63,049	17.6%
Investment Income	$1,458	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$15,593	21.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$425,781
Total Liabilities	$170,203
Net Assets	$255,578

Club or Co-Op Income
Income From Members	$63,049
Income From Other Sources	$0

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Lafayette Springs Water Assn Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $140k (2023)

Expenses $123k (2023)

Total Assets $1.05M (2023)

Total Liabilities $431k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2010

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2009

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2008

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2007

Revenue

$140k (2023)

Expenses

$123k (2023)

Total Assets

$1.05M (2023)

Total Liabilities

$431k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004