Buffalo Mutual Irrigation Co
EIN: 840410332 · Holly, CO
| Metric | Value |
|---|---|
| Total Revenue | $237K |
| Total Expenses | $193K |
| Net Assets | $86K |
Is Buffalo Mutual Irrigation Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Buffalo Mutual Irrigation Co
Buffalo Mutual Irrigation Co (EIN: 840410332) is a nonprofit organization based in Holly, CO. The organization reported total revenue of $237K and total assets of $313K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buffalo Mutual Irrigation Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buffalo Mutual Irrigation Co is a small nonprofit that has been operating for 73 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $193K |
| Surplus / Deficit | $-41,134 |
| Total Assets | $281K |
| Total Liabilities | $195K |
| Net Assets | $86K |
| Operating Margin | -27.1% |
| Debt-to-Asset Ratio | 69.4% |
| Months of Reserves | 17.5 months |
Financial Health Grade: C
In 2023, Buffalo Mutual Irrigation Co reported a deficit of $41K with expenses exceeding revenue, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 69.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Buffalo Mutual Irrigation Co's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.1% | +24.7% | -5.6% |
| 2022 | +0.0% | +24.7% | -12.7% |
| 2021 | -0.1% | +29.4% | -6.6% |
| 2020 | +-0.0% | -10.4% | +1.4% |
| 2019 | -0.1% | -23.1% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1953 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Buffalo Mutual Irrigation Co has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Buffalo Mutual Irrigation Co with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.4%.
Frequently Asked Questions about Buffalo Mutual Irrigation Co
Is Buffalo Mutual Irrigation Co a legitimate charity?
Buffalo Mutual Irrigation Co (EIN: 840410332) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $237K. No red flags identified. Financial health grade: C.
How does Buffalo Mutual Irrigation Co spend its money?
Buffalo Mutual Irrigation Co reported $237K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Buffalo Mutual Irrigation Co tax-deductible?
Buffalo Mutual Irrigation Co is registered as a tax-exempt nonprofit (EIN: 840410332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Buffalo Mutual Irrigation Co located?
Buffalo Mutual Irrigation Co is headquartered in Holly, Colorado and files with the IRS under EIN 840410332.
How many years of IRS 990 filings does Buffalo Mutual Irrigation Co have?
Buffalo Mutual Irrigation Co has 13 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 $237K in total revenue.
Filing History
IRS 990 filing history for Buffalo Mutual Irrigation Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Buffalo Mutual Irrigation Co's revenue has grown by 66.2%, moving from $91K to $152K. Total assets decreased by 42.1% over the same period, from $486K to $281K. Total functional expenses rose by 88.4%, from $102K to $193K. In its most recent filing year (2023), Buffalo Mutual Irrigation Co reported a deficit of $41K, with expenses exceeding revenue. The organization holds $195K in liabilities against $281K in assets (debt-to-asset ratio: 69.4%), resulting in net assets of $86K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $152K | $193K | $281K | $195K | — | View 990 |
| 2022 | $120K | $154K | $298K | $171K | — | View 990 |
| 2021 | $120K | $124K | $341K | $180K | — | — |
| 2020 | $120K | $96K | $365K | $200K | — | — |
| 2019 | $120K | $107K | $361K | $220K | — | View 990 |
| 2018 | $120K | $139K | $367K | $240K | — | View 990 |
| 2017 | $130K | $109K | $403K | $257K | — | View 990 |
| 2016 | $130K | $162K | $400K | $275K | — | View 990 |
| 2015 | $139K | $110K | $450K | $292K | — | View 990 |
| 2014 | $122K | $115K | $438K | $309K | — | View 990 |
| 2013 | $122K | $95K | $448K | $327K | — | View 990 |
| 2012 | $83K | $113K | $445K | $351K | — | View 990 |
| 2011 | $91K | $102K | $486K | $360K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $152K, expenses of $193K, and assets of $281K (revenue +26.1% year-over-year).
- 2022: Revenue of $120K, expenses of $154K, and assets of $298K (revenue +0.0% year-over-year).
- 2021: Revenue of $120K, expenses of $124K, and assets of $341K (revenue -0.1% year-over-year).
- 2020: Revenue of $120K, expenses of $96K, and assets of $365K (revenue +-0.0% year-over-year).
- 2019: Revenue of $120K, expenses of $107K, and assets of $361K (revenue -0.1% year-over-year).
- 2018: Revenue of $120K, expenses of $139K, and assets of $367K (revenue -7.5% year-over-year).
- 2017: Revenue of $130K, expenses of $109K, and assets of $403K (revenue +0.5% year-over-year).
- 2016: Revenue of $130K, expenses of $162K, and assets of $400K (revenue -6.6% year-over-year).
- 2015: Revenue of $139K, expenses of $110K, and assets of $450K (revenue +13.3% year-over-year).
- 2014: Revenue of $122K, expenses of $115K, and assets of $438K (revenue +0.1% year-over-year).
- 2013: Revenue of $122K, expenses of $95K, and assets of $448K (revenue +48.1% year-over-year).
- 2012: Revenue of $83K, expenses of $113K, and assets of $445K (revenue -9.5% year-over-year).
- 2011: Revenue of $91K, expenses of $102K, and assets of $486K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Buffalo Mutual Irrigation Co:
Data Sources and Methodology
This transparency report for Buffalo Mutual Irrigation Co 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.