Hooper Irrigation Company
EIN: 870140547 · Hooper, UT
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $2.2M |
| Net Assets | $-2,883,281 |
Is Hooper Irrigation Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hooper Irrigation Company
Hooper Irrigation Company (EIN: 870140547) is a nonprofit organization based in Hooper, UT. The organization reported total revenue of $4.3M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hooper Irrigation Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hooper Irrigation Company is a mid-size nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$739K |
| Total Assets | $5.2M |
| Total Liabilities | $8.0M |
| Net Assets | $-2,883,281 |
| Operating Margin | 25.3% |
| Debt-to-Asset Ratio | 155.8% |
| Months of Reserves | 28.4 months |
Financial Health Grade: A
In 2023, Hooper Irrigation Company reported a surplus of $739K with revenue exceeding expenses, holds 28.4 months of operating reserves (strong position), has a debt-to-asset ratio of 155.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hooper Irrigation Company's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.5% | -4.8% | +20.6% |
| 2022 | -34.0% | +16.0% | -14.0% |
| 2021 | +56.5% | +2.5% | +5.2% |
| 2020 | -5.3% | -11.9% | -7.0% |
| 2019 | +27.0% | +24.0% | -12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hooper Irrigation 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 Hooper Irrigation 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 $739K, with revenue exceeding expenses.
- Debt-to-asset ratio: 155.8%.
Frequently Asked Questions about Hooper Irrigation Company
Is Hooper Irrigation Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Hooper Irrigation Company (EIN: 870140547) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hooper Irrigation Company spend its money?
Detailed spending breakdown data is not yet available for Hooper Irrigation Company. Check back for updated IRS 990 analysis.
Are donations to Hooper Irrigation Company tax-deductible?
Hooper Irrigation Company is registered as a tax-exempt nonprofit (EIN: 870140547). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hooper Irrigation Company located?
Hooper Irrigation Company is headquartered in Hooper, Utah and files with the IRS under EIN 870140547.
How many years of IRS 990 filings does Hooper Irrigation Company have?
Hooper Irrigation 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 $4.3M in total revenue.
Filing History
IRS 990 filing history for Hooper Irrigation Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hooper Irrigation Company's revenue has grown by 245.4%, moving from $846K to $2.9M. Total assets decreased by 46.1% over the same period, from $9.6M to $5.2M. Total functional expenses rose by 44.6%, from $1.5M to $2.2M. In its most recent filing year (2023), Hooper Irrigation Company reported a surplus of $739K, with revenue exceeding expenses. The organization holds $8.0M in liabilities against $5.2M in assets (debt-to-asset ratio: 155.8%), resulting in net assets of $-2,883,281.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.2M | $5.2M | $8.0M | — | — |
| 2022 | $2.1M | $2.3M | $4.3M | $7.9M | — | View 990 |
| 2021 | $3.1M | $2.0M | $5.0M | $8.3M | — | View 990 |
| 2020 | $2.0M | $1.9M | $4.7M | $9.2M | — | — |
| 2019 | $2.1M | $2.2M | $5.1M | $9.0M | — | View 990 |
| 2018 | $1.7M | $1.8M | $5.8M | $9.5M | — | View 990 |
| 2017 | $1.4M | $1.8M | $6.2M | $9.0M | — | View 990 |
| 2016 | $1.4M | $1.8M | $7.0M | $9.3M | — | View 990 |
| 2015 | $1.1M | $1.5M | $7.7M | $9.7M | — | View 990 |
| 2014 | $1.1M | $1.4M | $8.2M | $10.1M | — | View 990 |
| 2013 | $1.1M | $1.4M | $8.7M | $10.3M | — | View 990 |
| 2012 | $1.0M | $1.6M | $9.4M | $10.7M | — | View 990 |
| 2011 | $846K | $1.5M | $9.6M | $10.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.2M, and assets of $5.2M (revenue +41.5% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.3M, and assets of $4.3M (revenue -34.0% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.0M, and assets of $5.0M (revenue +56.5% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.9M, and assets of $4.7M (revenue -5.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.2M, and assets of $5.1M (revenue +27.0% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.8M, and assets of $5.8M (revenue +18.8% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.8M, and assets of $6.2M (revenue -0.1% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.8M, and assets of $7.0M (revenue +22.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.5M, and assets of $7.7M (revenue +2.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.4M, and assets of $8.2M (revenue +5.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.4M, and assets of $8.7M (revenue +0.8% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.6M, and assets of $9.4M (revenue +23.4% year-over-year).
- 2011: Revenue of $846K, expenses of $1.5M, and assets of $9.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hooper Irrigation Company:
Data Sources and Methodology
This transparency report for Hooper Irrigation 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.