Acequia Institute
Acequia Institute shows fluctuating revenue, consistent zero officer compensation, and growing assets.
EIN: 205747800 · San Luis, CO · NTEE: K25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $565K |
| Total Expenses | $574K |
| Program Spending | 85% |
| Net Assets | $2.5M |
| Transparency Score | 85/100 |
Is Acequia Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Acequia Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Acequia Institute
Acequia Institute (EIN: 205747800) is a nonprofit organization based in San Luis, CO, classified under NTEE code K25. The organization reported total revenue of $565K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Acequia Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Acequia Institute is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 39.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $520K |
| Total Expenses | $574K |
| Surplus / Deficit | $-53,859 |
| Total Assets | $2.5M |
| Total Liabilities | $5K |
| Net Assets | $2.5M |
| Operating Margin | -10.4% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 51.8 months |
Financial Health Grade: B
In 2022, Acequia Institute reported a deficit of $54K with expenses exceeding revenue, holds 51.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Acequia Institute's revenue has grown at a compound annual growth rate (CAGR) of 39.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -71.1% | +742.3% | -5.2% |
| 2021 | +6794.4% | +95.7% | +73.6% |
| 2020 | +35.5% | +88.9% | +15.1% |
| 2019 | -24.4% | -16.1% | +15.6% |
| 2018 | +57.3% | -9.1% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Acequia Institute with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Acequia Institute allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The Acequia Institute consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Acequia Institute's IRS 990 filings:
- Significant year-over-year revenue volatility, with a drop from $1.8M in 2021 to $520K in 2022, indicating potential funding instability.
- Expenses ($574,078) exceeded revenue ($520,219) in 2022, resulting in a net operating loss for that period.
Strengths
The following positive indicators were identified for Acequia Institute:
- Consistent 0% officer compensation across all filings, demonstrating a strong commitment to mission-focused spending.
- Significant growth in assets from $696,075 in 2013 to $2,475,851 in 2022, indicating strong financial stewardship or successful capital campaigns.
- Generally low expense levels in many years relative to assets, suggesting efficient operations.
Frequently Asked Questions about Acequia Institute
Is Acequia Institute a legitimate charity?
Acequia Institute (EIN: 205747800) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $565K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Acequia Institute spend its money?
Acequia Institute directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Acequia Institute tax-deductible?
Acequia Institute is registered as a tax-exempt nonprofit (EIN: 205747800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Acequia Institute's spending goes to programs?
Acequia Institute directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Acequia Institute compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Acequia Institute is above average for NTEE category K25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Acequia Institute located?
Acequia Institute is headquartered in San Luis, Colorado and files with the IRS under EIN 205747800. It is classified under NTEE code K25.
How many years of IRS 990 filings does Acequia Institute have?
Acequia Institute has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $565K in total revenue.
What caused the significant revenue spike in 2021 ($1,802,197) and the subsequent drop in 2022 ($520,219)?
The large revenue fluctuation suggests a reliance on specific grants or projects, which can lead to unpredictable funding streams. Further investigation into the nature of these funds would be beneficial.
How does Acequia Institute manage its expenses given the 0% officer compensation?
The absence of officer compensation implies that leadership roles may be voluntary or compensated through other means not classified as officer compensation, or that the organization operates with a very lean administrative structure.
What is the nature of the liabilities reported, especially the $87,802 in 2021 and $4,745 in 2022?
Understanding the nature of these liabilities (e.g., program-related payables, deferred revenue) is important for assessing the organization's short-term financial obligations.
Filing History
IRS 990 filing history for Acequia Institute showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Acequia Institute's revenue has grown by 3685.1%, moving from $14K to $520K. Total assets increased by 221.8% over the same period, from $769K to $2.5M. Total functional expenses rose by 3987.7%, from $14K to $574K. In its most recent filing year (2022), Acequia Institute reported a deficit of $54K, with expenses exceeding revenue. The organization holds $5K in liabilities against $2.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $520K | $574K | $2.5M | $5K | — | View 990 |
| 2021 | $1.8M | $68K | $2.6M | $88K | — | View 990 |
| 2020 | $26K | $35K | $1.5M | $4K | — | View 990 |
| 2019 | $19K | $18K | $1.3M | $8K | — | View 990 |
| 2018 | $26K | $22K | $1.1M | $21K | — | View 990 |
| 2017 | $16K | $24K | $1.2M | $26K | — | View 990 |
| 2016 | $10K | $21K | $1.2M | $29K | — | View 990 |
| 2015 | $8K | $26K | $1.1M | $33K | — | View 990 |
| 2014 | $43K | $2K | $1.0M | $10K | — | View 990 |
| 2013 | $11K | $7K | $696K | $10K | — | View 990 |
| 2012 | $5K | $13K | $552K | $0 | — | View 990 |
| 2011 | $14K | $14K | $769K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $520K, expenses of $574K, and assets of $2.5M (revenue -71.1% year-over-year).
- 2021: Revenue of $1.8M, expenses of $68K, and assets of $2.6M (revenue +6794.4% year-over-year).
- 2020: Revenue of $26K, expenses of $35K, and assets of $1.5M (revenue +35.5% year-over-year).
- 2019: Revenue of $19K, expenses of $18K, and assets of $1.3M (revenue -24.4% year-over-year).
- 2018: Revenue of $26K, expenses of $22K, and assets of $1.1M (revenue +57.3% year-over-year).
- 2017: Revenue of $16K, expenses of $24K, and assets of $1.2M (revenue +68.8% year-over-year).
- 2016: Revenue of $10K, expenses of $21K, and assets of $1.2M (revenue +16.1% year-over-year).
- 2015: Revenue of $8K, expenses of $26K, and assets of $1.1M (revenue -80.7% year-over-year).
- 2014: Revenue of $43K, expenses of $2K, and assets of $1.0M (revenue +276.3% year-over-year).
- 2013: Revenue of $11K, expenses of $7K, and assets of $696K (revenue +137.8% year-over-year).
- 2012: Revenue of $5K, expenses of $13K, and assets of $552K (revenue -65.1% year-over-year).
- 2011: Revenue of $14K, expenses of $14K, and assets of $769K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Acequia Institute:
Data Sources and Methodology
This transparency report for Acequia Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.