Fremont Pass Ditch Company
EIN: 270647085 · Phoenix, AZ · NTEE: K20
Is Fremont Pass 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 Fremont Pass Ditch Company
Fremont Pass Ditch Company (EIN: 270647085) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code K20. The organization reported total revenue of $39K and total assets of $30.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fremont Pass Ditch Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fremont Pass Ditch Company is a micro nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $39K |
| Surplus / Deficit | $-23,973 |
| Total Assets | $30.5M |
| Net Assets | $30.5M |
| Operating Margin | -159.8% |
| Months of Reserves | 9398.1 months |
Financial Health Grade: B
In 2023, Fremont Pass Ditch Company reported a deficit of $24K with expenses exceeding revenue, holds 9398.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Fremont Pass Ditch Company's revenue has declined at a compound annual growth rate (CAGR) of -14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +25.6% | -0.1% |
| 2022 | -58.3% | +0.8% | -0.1% |
| 2021 | -60.0% | -45.7% | +0.0% |
| 2020 | +100.0% | -33.9% | +0.1% |
| 2019 | +50.0% | +219.0% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fremont Pass 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 Fremont Pass 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 deficit of $24K, with expenses exceeding revenue.
Frequently Asked Questions about Fremont Pass Ditch Company
Is Fremont Pass Ditch Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Fremont Pass Ditch Company (EIN: 270647085) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fremont Pass Ditch Company spend its money?
Detailed spending breakdown data is not yet available for Fremont Pass Ditch Company. Check back for updated IRS 990 analysis.
Are donations to Fremont Pass Ditch Company tax-deductible?
Fremont Pass Ditch Company is registered as a tax-exempt nonprofit (EIN: 270647085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Fremont Pass Ditch Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fremont Pass Ditch Company's revenue has declined by 84.1%, moving from $95K to $15K. Total assets decreased by 0.3% over the same period, from $30.6M to $30.5M. Total functional expenses fell by 48.7%, from $76K to $39K. In its most recent filing year (2023), Fremont Pass Ditch Company reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $39K | $30.5M | $0 | — | — |
| 2022 | $15K | $31K | $30.5M | $0 | — | — |
| 2021 | $36K | $31K | $30.6M | $0 | — | — |
| 2020 | $90K | $57K | $30.6M | $0 | — | — |
| 2019 | $45K | $86K | $30.5M | $0 | — | View 990 |
| 2018 | $30K | $27K | $30.6M | $0 | — | View 990 |
| 2017 | $36K | $27K | $30.6M | $0 | — | View 990 |
| 2016 | $30K | $36K | $30.6M | $0 | — | View 990 |
| 2015 | $0 | $22K | $30.6M | $0 | — | View 990 |
| 2014 | $33K | $54K | $30.6M | $0 | — | View 990 |
| 2013 | $45K | $73K | $30.6M | $0 | — | View 990 |
| 2012 | $63K | $42K | $30.6M | $0 | — | View 990 |
| 2011 | $95K | $76K | $30.6M | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $39K, and assets of $30.5M (revenue +0.0% year-over-year).
- 2022: Revenue of $15K, expenses of $31K, and assets of $30.5M (revenue -58.3% year-over-year).
- 2021: Revenue of $36K, expenses of $31K, and assets of $30.6M (revenue -60.0% year-over-year).
- 2020: Revenue of $90K, expenses of $57K, and assets of $30.6M (revenue +100.0% year-over-year).
- 2019: Revenue of $45K, expenses of $86K, and assets of $30.5M (revenue +50.0% year-over-year).
- 2018: Revenue of $30K, expenses of $27K, and assets of $30.6M (revenue -16.7% year-over-year).
- 2017: Revenue of $36K, expenses of $27K, and assets of $30.6M (revenue +20.0% year-over-year).
- 2016: Revenue of $30K, expenses of $36K, and assets of $30.6M.
- 2015: Revenue of $0, expenses of $22K, and assets of $30.6M (revenue -100.0% year-over-year).
- 2014: Revenue of $33K, expenses of $54K, and assets of $30.6M (revenue -26.7% year-over-year).
- 2013: Revenue of $45K, expenses of $73K, and assets of $30.6M (revenue -28.6% year-over-year).
- 2012: Revenue of $63K, expenses of $42K, and assets of $30.6M (revenue -33.4% year-over-year).
- 2011: Revenue of $95K, expenses of $76K, and assets of $30.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fremont Pass Ditch Company:
Data Sources and Methodology
This transparency report for Fremont Pass 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.