Hatch Irrigation Co
EIN: 463933344 · Hatch, UT · NTEE: Y22
| Metric | Value |
|---|---|
| Total Revenue | $47K |
| Total Expenses | $64K |
| Net Assets | $35K |
Is Hatch 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 Hatch Irrigation Co
Hatch Irrigation Co (EIN: 463933344) is a nonprofit organization based in Hatch, UT, classified under NTEE code Y22. The organization reported total revenue of $47K and total assets of $100K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hatch Irrigation Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hatch Irrigation Co is a micro nonprofit that has been operating for 12 years, with 4 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $64K |
| Surplus / Deficit | +$16K |
| Total Assets | $81K |
| Total Liabilities | $47K |
| Net Assets | $35K |
| Operating Margin | 20.4% |
| Debt-to-Asset Ratio | 57.5% |
| Months of Reserves | 15.4 months |
Financial Health Grade: A
In 2023, Hatch Irrigation Co reported a surplus of $16K with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 57.5% (high leverage).
Financial Trends
Over 4 years of filings (2014–2023), Hatch Irrigation Co's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +267.6% | +79.1% | -59.6% |
| 2016 | +16.6% | +1.4% | -8.1% |
| 2015 | -83.9% | +27.6% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hatch 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 Hatch 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 surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.5%.
Frequently Asked Questions about Hatch Irrigation Co
Is Hatch Irrigation Co a legitimate charity?
Hatch Irrigation Co (EIN: 463933344) is a registered tax-exempt nonprofit based in Utah. It has 4 years of IRS 990 filings on record. Total revenue: $47K. No red flags identified. Financial health grade: A.
How does Hatch Irrigation Co spend its money?
Hatch Irrigation Co reported $47K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hatch Irrigation Co tax-deductible?
Hatch Irrigation Co is registered as a tax-exempt nonprofit (EIN: 463933344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hatch Irrigation Co located?
Hatch Irrigation Co is headquartered in Hatch, Utah and files with the IRS under EIN 463933344. It is classified under NTEE code Y22.
How many years of IRS 990 filings does Hatch Irrigation Co have?
Hatch Irrigation Co has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $47K in total revenue.
Filing History
IRS 990 filing history for Hatch Irrigation Co showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2014–2023), Hatch Irrigation Co's revenue has declined by 31.1%, moving from $116K to $80K. Total assets decreased by 66% over the same period, from $239K to $81K. Total functional expenses rose by 131.8%, from $27K to $64K. In its most recent filing year (2023), Hatch Irrigation Co reported a surplus of $16K, with revenue exceeding expenses. The organization holds $47K in liabilities against $81K in assets (debt-to-asset ratio: 57.5%), resulting in net assets of $35K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80K | $64K | $81K | $47K | — | — |
| 2016 | $22K | $35K | $201K | $68K | — | — |
| 2015 | $19K | $35K | $219K | $72K | — | View 990 |
| 2014 | $116K | $27K | $239K | $76K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80K, expenses of $64K, and assets of $81K (revenue +267.6% year-over-year).
- 2016: Revenue of $22K, expenses of $35K, and assets of $201K (revenue +16.6% year-over-year).
- 2015: Revenue of $19K, expenses of $35K, and assets of $219K (revenue -83.9% year-over-year).
- 2014: Revenue of $116K, expenses of $27K, and assets of $239K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hatch Irrigation Co:
Data Sources and Methodology
This transparency report for Hatch 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.