Cottonwood Gooseberry Irrigation Co
EIN: 870228978 · Fairview, UT · NTEE: W80
| Metric | Value |
|---|---|
| Total Revenue | $142K |
| Total Expenses | $193K |
| Net Assets | $763K |
Is Cottonwood Gooseberry 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 Cottonwood Gooseberry Irrigation Co
Cottonwood Gooseberry Irrigation Co (EIN: 870228978) is a nonprofit organization based in Fairview, UT, classified under NTEE code W80. The organization reported total revenue of $142K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cottonwood Gooseberry Irrigation Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cottonwood Gooseberry Irrigation Co is a small nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -19.9%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $193K |
| Surplus / Deficit | $-50,496 |
| Total Assets | $3.5M |
| Total Liabilities | $2.8M |
| Net Assets | $763K |
| Operating Margin | -35.5% |
| Debt-to-Asset Ratio | 78.5% |
| Months of Reserves | 220.5 months |
Financial Health Grade: C
In 2020, Cottonwood Gooseberry Irrigation Co reported a deficit of $50K with expenses exceeding revenue, holds 220.5 months of operating reserves (strong position), has a debt-to-asset ratio of 78.5% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), Cottonwood Gooseberry Irrigation Co's revenue has declined at a compound annual growth rate (CAGR) of -19.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +1.3% | -1.7% | -2.7% |
| 2019 | +0.6% | +3.3% | -3.0% |
| 2018 | -4.9% | -20.1% | -2.9% |
| 2017 | +15.2% | +20.3% | -1.1% |
| 2016 | -11.7% | +13.8% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cottonwood Gooseberry 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 Cottonwood Gooseberry 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 78.5%.
Frequently Asked Questions about Cottonwood Gooseberry Irrigation Co
Is Cottonwood Gooseberry Irrigation Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Cottonwood Gooseberry Irrigation Co (EIN: 870228978) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cottonwood Gooseberry Irrigation Co spend its money?
Detailed spending breakdown data is not yet available for Cottonwood Gooseberry Irrigation Co. Check back for updated IRS 990 analysis.
Are donations to Cottonwood Gooseberry Irrigation Co tax-deductible?
Cottonwood Gooseberry Irrigation Co is registered as a tax-exempt nonprofit (EIN: 870228978). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cottonwood Gooseberry Irrigation Co located?
Cottonwood Gooseberry Irrigation Co is headquartered in Fairview, Utah and files with the IRS under EIN 870228978. It is classified under NTEE code W80.
How many years of IRS 990 filings does Cottonwood Gooseberry Irrigation Co have?
Cottonwood Gooseberry Irrigation Co has 10 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 $142K in total revenue.
Filing History
IRS 990 filing history for Cottonwood Gooseberry Irrigation Co showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Cottonwood Gooseberry Irrigation Co's revenue has declined by 86.4%, moving from $1.0M to $142K. Total assets increased by 270.2% over the same period, from $957K to $3.5M. Total functional expenses fell by 80.7%, from $1000K to $193K. In its most recent filing year (2020), Cottonwood Gooseberry Irrigation Co reported a deficit of $50K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $3.5M in assets (debt-to-asset ratio: 78.5%), resulting in net assets of $763K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $142K | $193K | $3.5M | $2.8M | — | — |
| 2019 | $140K | $196K | $3.6M | $2.8M | — | View 990 |
| 2018 | $140K | $190K | $3.8M | $2.9M | — | View 990 |
| 2017 | $147K | $238K | $3.9M | $3.0M | — | View 990 |
| 2016 | $128K | $198K | $3.9M | $3.0M | — | View 990 |
| 2015 | $144K | $174K | $4.0M | $3.1M | — | View 990 |
| 2014 | $139K | $171K | $4.1M | $3.1M | — | View 990 |
| 2013 | $108K | $118K | $4.2M | $3.1M | — | View 990 |
| 2012 | $782K | $80K | $2.0M | $986K | — | View 990 |
| 2011 | $1.0M | $1000K | $957K | $620K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $142K, expenses of $193K, and assets of $3.5M (revenue +1.3% year-over-year).
- 2019: Revenue of $140K, expenses of $196K, and assets of $3.6M (revenue +0.6% year-over-year).
- 2018: Revenue of $140K, expenses of $190K, and assets of $3.8M (revenue -4.9% year-over-year).
- 2017: Revenue of $147K, expenses of $238K, and assets of $3.9M (revenue +15.2% year-over-year).
- 2016: Revenue of $128K, expenses of $198K, and assets of $3.9M (revenue -11.7% year-over-year).
- 2015: Revenue of $144K, expenses of $174K, and assets of $4.0M (revenue +4.0% year-over-year).
- 2014: Revenue of $139K, expenses of $171K, and assets of $4.1M (revenue +28.2% year-over-year).
- 2013: Revenue of $108K, expenses of $118K, and assets of $4.2M (revenue -86.1% year-over-year).
- 2012: Revenue of $782K, expenses of $80K, and assets of $2.0M (revenue -25.3% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1000K, and assets of $957K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cottonwood Gooseberry Irrigation Co:
Data Sources and Methodology
This transparency report for Cottonwood Gooseberry 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.