CSCharityScored
87

Rowan Water Inc

Other · Morehead, Kentucky

1765 Christy Crk, Morehead, KY 40351-9666

EIN: 610701413· Founded: Jun 1971· 55 years active· Filing Year: 2023

Annual Revenue

$4.2M

Total Expenses

$4.0M

Total Assets

$11.9M

Program Spending

94%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$100K

2.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$488K

Total Payroll

$588K

15% of total expenses

Where the Money Goes

94%
Programs: 94%
Payroll: 15%
Other overhead: 6%
Program Revenue$3.8M (91%)
Total Expenses$4.0M (97%)
Payroll$588K (15%)
Overhead (non-program)6%

Trust Score Breakdown

Program Spending Ratio

94% of expenses go to programs

40%

Revenue & Stability

$4.2M annual revenue

15%

Executive Compensation

$100K total officer comp (2.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$11.9M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.