Farmers Extension Ditch Company
EIN: 840381995 · Johnstown, CO
| Metric | Value |
|---|---|
| Total Revenue | $304K |
| Total Expenses | $200K |
| Net Assets | $278K |
Is Farmers Extension Ditch Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Farmers Extension Ditch Company
Farmers Extension Ditch Company (EIN: 840381995) is a nonprofit organization based in Johnstown, CO. The organization reported total revenue of $304K and total assets of $641K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Farmers Extension Ditch Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Farmers Extension Ditch Company is a small nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $211K |
| Total Expenses | $200K |
| Surplus / Deficit | +$11K |
| Total Assets | $521K |
| Total Liabilities | $243K |
| Net Assets | $278K |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 46.6% |
| Months of Reserves | 31.3 months |
Financial Health Grade: A
In 2023, Farmers Extension Ditch Company reported a surplus of $11K with revenue exceeding expenses, holds 31.3 months of operating reserves (strong position), has a debt-to-asset ratio of 46.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Farmers Extension Ditch Company's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.5% | +10.8% | -9.0% |
| 2022 | +19.9% | -14.8% | +11.4% |
| 2021 | -22.1% | +3.7% | -5.3% |
| 2020 | -21.0% | -7.1% | +14.4% |
| 2019 | +121.4% | +40.5% | +38.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1948 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Farmers Extension Ditch Company 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 Farmers Extension Ditch Company 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 surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.6%.
Frequently Asked Questions about Farmers Extension Ditch Company
Is Farmers Extension Ditch Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Farmers Extension Ditch Company (EIN: 840381995) insufficient data. 0 red flags identified, 0 strengths noted.
How does Farmers Extension Ditch Company spend its money?
Detailed spending breakdown data is not yet available for Farmers Extension Ditch Company. Check back for updated IRS 990 analysis.
Are donations to Farmers Extension Ditch Company tax-deductible?
Farmers Extension Ditch Company is registered as a tax-exempt nonprofit (EIN: 840381995). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Farmers Extension Ditch Company located?
Farmers Extension Ditch Company is headquartered in Johnstown, Colorado and files with the IRS under EIN 840381995.
How many years of IRS 990 filings does Farmers Extension Ditch Company have?
Farmers Extension Ditch Company 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 $304K in total revenue.
Filing History
IRS 990 filing history for Farmers Extension Ditch Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Farmers Extension Ditch Company's revenue has declined by 10.5%, moving from $236K to $211K. Total assets increased by 163.1% over the same period, from $198K to $521K. Total functional expenses rose by 122.1%, from $90K to $200K. In its most recent filing year (2023), Farmers Extension Ditch Company reported a surplus of $11K, with revenue exceeding expenses. The organization holds $243K in liabilities against $521K in assets (debt-to-asset ratio: 46.6%), resulting in net assets of $278K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $211K | $200K | $521K | $243K | — | View 990 |
| 2022 | $303K | $180K | $573K | $306K | — | View 990 |
| 2021 | $253K | $212K | $514K | $370K | — | View 990 |
| 2020 | $325K | $204K | $543K | $440K | — | — |
| 2019 | $411K | $220K | $474K | $492K | — | View 990 |
| 2018 | $186K | $156K | $342K | $550K | — | View 990 |
| 2017 | $271K | $109K | $369K | $606K | — | View 990 |
| 2016 | $236K | $171K | $261K | $660K | — | View 990 |
| 2015 | $332K | $243K | $248K | $712K | — | View 990 |
| 2014 | $245K | $123K | $209K | $762K | — | View 990 |
| 2013 | $265K | $251K | $135K | $810K | — | View 990 |
| 2012 | $153K | $139K | $167K | $856K | — | View 990 |
| 2011 | $236K | $90K | $198K | $901K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $211K, expenses of $200K, and assets of $521K (revenue -30.5% year-over-year).
- 2022: Revenue of $303K, expenses of $180K, and assets of $573K (revenue +19.9% year-over-year).
- 2021: Revenue of $253K, expenses of $212K, and assets of $514K (revenue -22.1% year-over-year).
- 2020: Revenue of $325K, expenses of $204K, and assets of $543K (revenue -21.0% year-over-year).
- 2019: Revenue of $411K, expenses of $220K, and assets of $474K (revenue +121.4% year-over-year).
- 2018: Revenue of $186K, expenses of $156K, and assets of $342K (revenue -31.7% year-over-year).
- 2017: Revenue of $271K, expenses of $109K, and assets of $369K (revenue +15.1% year-over-year).
- 2016: Revenue of $236K, expenses of $171K, and assets of $261K (revenue -28.9% year-over-year).
- 2015: Revenue of $332K, expenses of $243K, and assets of $248K (revenue +35.3% year-over-year).
- 2014: Revenue of $245K, expenses of $123K, and assets of $209K (revenue -7.6% year-over-year).
- 2013: Revenue of $265K, expenses of $251K, and assets of $135K (revenue +73.9% year-over-year).
- 2012: Revenue of $153K, expenses of $139K, and assets of $167K (revenue -35.2% year-over-year).
- 2011: Revenue of $236K, expenses of $90K, and assets of $198K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Farmers Extension Ditch Company:
Data Sources and Methodology
This transparency report for Farmers Extension Ditch Company 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.