Hermosa Water User Association
EIN: 510137862 · Hermosa, SD
Is Hermosa Water User Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hermosa Water User Association
Hermosa Water User Association (EIN: 510137862) is a nonprofit organization based in Hermosa, SD. The organization reported total revenue of $116K and total assets of $471K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hermosa Water User Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Hermosa Water User Association 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 Hermosa Water User Association 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.
Frequently Asked Questions about Hermosa Water User Association
Is Hermosa Water User Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Hermosa Water User Association (EIN: 510137862) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hermosa Water User Association spend its money?
Detailed spending breakdown data is not yet available for Hermosa Water User Association. Check back for updated IRS 990 analysis.
Are donations to Hermosa Water User Association tax-deductible?
Hermosa Water User Association is registered as a tax-exempt nonprofit (EIN: 510137862). 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 Hermosa Water User Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hermosa Water User Association's revenue has grown by 81.3%, moving from $66K to $120K. Total assets increased by 44.9% over the same period, from $383K to $555K. Total functional expenses fell by 42.2%, from $111K to $64K. In its most recent filing year (2023), Hermosa Water User Association reported a surplus of $55K, with revenue exceeding expenses. The organization holds $138K in liabilities against $555K in assets (debt-to-asset ratio: 24.8%), resulting in net assets of $417K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $64K | $555K | $138K | — | View 990 |
| 2022 | $334K | $59K | $504K | $142K | — | View 990 |
| 2021 | $121K | $80K | $228K | $142K | — | — |
| 2020 | $103K | $97K | $191K | $146K | — | — |
| 2019 | $111K | $113K | $189K | $149K | — | View 990 |
| 2018 | $95K | $99K | $194K | $152K | — | View 990 |
| 2017 | $103K | $118K | $202K | $156K | — | View 990 |
| 2016 | $102K | $98K | $220K | $159K | — | View 990 |
| 2015 | $101K | $126K | $219K | $162K | — | View 990 |
| 2014 | $87K | $139K | $247K | $165K | — | View 990 |
| 2013 | $71K | $110K | $302K | $168K | — | View 990 |
| 2012 | $75K | $111K | $344K | $170K | — | View 990 |
| 2011 | $66K | $111K | $383K | $173K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $64K, and assets of $555K (revenue -64.2% year-over-year).
- 2022: Revenue of $334K, expenses of $59K, and assets of $504K (revenue +177.2% year-over-year).
- 2021: Revenue of $121K, expenses of $80K, and assets of $228K (revenue +17.5% year-over-year).
- 2020: Revenue of $103K, expenses of $97K, and assets of $191K (revenue -7.2% year-over-year).
- 2019: Revenue of $111K, expenses of $113K, and assets of $189K (revenue +16.7% year-over-year).
- 2018: Revenue of $95K, expenses of $99K, and assets of $194K (revenue -8.3% year-over-year).
- 2017: Revenue of $103K, expenses of $118K, and assets of $202K (revenue +1.0% year-over-year).
- 2016: Revenue of $102K, expenses of $98K, and assets of $220K (revenue +1.1% year-over-year).
- 2015: Revenue of $101K, expenses of $126K, and assets of $219K (revenue +16.5% year-over-year).
- 2014: Revenue of $87K, expenses of $139K, and assets of $247K (revenue +22.9% year-over-year).
- 2013: Revenue of $71K, expenses of $110K, and assets of $302K (revenue -5.4% year-over-year).
- 2012: Revenue of $75K, expenses of $111K, and assets of $344K (revenue +13.1% year-over-year).
- 2011: Revenue of $66K, expenses of $111K, and assets of $383K.
Data Sources and Methodology
This transparency report for Hermosa Water User Association 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.