Sweetwater Improvement Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NONE
- Income
- $228,480
- Spending
- $200,694
- Spent on programs
- 95%
- Reserves
- 8.6 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100. Higher than 74% of charities in its peer group (community improvement, under $250k).
Reserves
28 of 35Spendable reserves would cover 8.6 months of spending.
Debt
16 of 20It owes 17% of what it owns.
Living within its means
15 of 15Income exceeded spending by 12% of income.
Income trend
15 of 15Income rose 150% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 40% of charities in its peer group (community improvement, under $250k).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- NOLAN CO FOUNDATION-IN AFFILIATION WITH COMMUNITY FOUNDATION OF ABILENE (CFA), PROVIDES SCHOLARSHIPS AND GRANTS TO LOCAL CHARITIES. GRANT INCOME FROM CFA PAYS FOR SUPERVISION AND MANAGEMENT OF PROGRAMS OF THIS ORGANIZATION
- $14,625 spent. SHCA - LOCAL NON PROFIT CONCERT ASSOCIATION TO PROMOTE AND PROVIDE LOCAL ENTERTAINMENT AND CONCERTS FOR THE LOCAL AREA.
- $17,383 spent. FIGHT FOR THE CURE. THIS IS A LOCAL CANCER AWARENESS AND FUNDRAISING PROGRAM.
- $157,877 spent. WOMEN'S FORUM, SIMMONS HOUSE, BENNETT YOUTH SPORTS, BUILDING FUND, TECHNO FUND, NEWMAN BASKETBALL PARK, PROMISE ROOM, AND GOODFELLOWS ARE PROGRAMS TO AID THE VARIOUS CITIZEN GROUP'S AND LOCAL YOUTH PROJECTS
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1981.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.