Hoytsville Water Pipe Company
EIN: 876124605 · Coalville, UT
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $98K |
| Net Assets | $510K |
Is Hoytsville Water Pipe Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hoytsville Water Pipe Company
Hoytsville Water Pipe Company (EIN: 876124605) is a nonprofit organization based in Coalville, UT. The organization reported total revenue of $106K and total assets of $549K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoytsville Water Pipe Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoytsville Water Pipe Company is a small nonprofit that has been operating for 92 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $135K |
| Total Expenses | $98K |
| Surplus / Deficit | +$37K |
| Total Assets | $521K |
| Total Liabilities | $10K |
| Net Assets | $510K |
| Operating Margin | 27.1% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 63.6 months |
Financial Health Grade: A
In 2023, Hoytsville Water Pipe Company reported a surplus of $37K with revenue exceeding expenses, holds 63.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Hoytsville Water Pipe Company's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.3% | -11.1% | +7.6% |
| 2022 | -8.1% | -14.3% | -0.1% |
| 2021 | +6.1% | +68.8% | -0.5% |
| 2020 | +15.1% | -3.3% | +8.4% |
| 2019 | +20.7% | -6.8% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1934 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hoytsville Water Pipe 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 Hoytsville Water Pipe 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Hoytsville Water Pipe Company
Is Hoytsville Water Pipe Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Hoytsville Water Pipe Company (EIN: 876124605) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hoytsville Water Pipe Company spend its money?
Detailed spending breakdown data is not yet available for Hoytsville Water Pipe Company. Check back for updated IRS 990 analysis.
Are donations to Hoytsville Water Pipe Company tax-deductible?
Hoytsville Water Pipe Company is registered as a tax-exempt nonprofit (EIN: 876124605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hoytsville Water Pipe Company located?
Hoytsville Water Pipe Company is headquartered in Coalville, Utah and files with the IRS under EIN 876124605.
How many years of IRS 990 filings does Hoytsville Water Pipe Company have?
Hoytsville Water Pipe Company has 10 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 $106K in total revenue.
Filing History
IRS 990 filing history for Hoytsville Water Pipe Company showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hoytsville Water Pipe Company's revenue has grown by 197.1%, moving from $45K to $135K. Total assets increased by 50.8% over the same period, from $345K to $521K. Total functional expenses rose by 66.5%, from $59K to $98K. In its most recent filing year (2023), Hoytsville Water Pipe Company reported a surplus of $37K, with revenue exceeding expenses. The organization holds $10K in liabilities against $521K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $510K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $135K | $98K | $521K | $10K | — | — |
| 2022 | $110K | $110K | $484K | $10K | — | View 990 |
| 2021 | $120K | $129K | $484K | $10K | — | — |
| 2020 | $113K | $76K | $486K | $3K | — | — |
| 2019 | $98K | $79K | $449K | $2K | — | View 990 |
| 2018 | $81K | $85K | $442K | $15K | — | View 990 |
| 2017 | $61K | $69K | $432K | $778 | — | View 990 |
| 2016 | $182K | $81K | $443K | $3K | — | View 990 |
| 2012 | $34K | $41K | $337K | $6K | — | View 990 |
| 2011 | $45K | $59K | $345K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $135K, expenses of $98K, and assets of $521K (revenue +22.3% year-over-year).
- 2022: Revenue of $110K, expenses of $110K, and assets of $484K (revenue -8.1% year-over-year).
- 2021: Revenue of $120K, expenses of $129K, and assets of $484K (revenue +6.1% year-over-year).
- 2020: Revenue of $113K, expenses of $76K, and assets of $486K (revenue +15.1% year-over-year).
- 2019: Revenue of $98K, expenses of $79K, and assets of $449K (revenue +20.7% year-over-year).
- 2018: Revenue of $81K, expenses of $85K, and assets of $442K (revenue +33.1% year-over-year).
- 2017: Revenue of $61K, expenses of $69K, and assets of $432K (revenue -66.5% year-over-year).
- 2016: Revenue of $182K, expenses of $81K, and assets of $443K (revenue +441.2% year-over-year).
- 2012: Revenue of $34K, expenses of $41K, and assets of $337K (revenue -25.7% year-over-year).
- 2011: Revenue of $45K, expenses of $59K, and assets of $345K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoytsville Water Pipe Company:
Data Sources and Methodology
This transparency report for Hoytsville Water Pipe 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.