Morrison Consolidated Ditch Co
EIN: 840272145 · Ignacio, CO
| Metric | Value |
|---|---|
| Total Revenue | $231K |
| Total Expenses | $120K |
| Net Assets | $32K |
Is Morrison Consolidated Ditch Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Morrison Consolidated Ditch Co
Morrison Consolidated Ditch Co (EIN: 840272145) is a nonprofit organization based in Ignacio, CO. The organization reported total revenue of $231K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morrison Consolidated Ditch Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morrison Consolidated Ditch Co is a small nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $120K |
| Surplus / Deficit | $-29,054 |
| Total Assets | $32K |
| Net Assets | $32K |
| Operating Margin | -32.1% |
| Months of Reserves | 3.3 months |
Financial Health Grade: B
In 2023, Morrison Consolidated Ditch Co reported a deficit of $29K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Morrison Consolidated Ditch Co's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | +36.2% | -47.3% |
| 2022 | -8.2% | -5.7% | +9.4% |
| 2021 | +53.1% | +4.8% | +17.3% |
| 2020 | +1.9% | +79.8% | -32.1% |
| 2019 | -13.1% | -18.9% | +28.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Morrison Consolidated Ditch 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 Morrison Consolidated Ditch 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 deficit of $29K, with expenses exceeding revenue.
Frequently Asked Questions about Morrison Consolidated Ditch Co
Is Morrison Consolidated Ditch Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Morrison Consolidated Ditch Co (EIN: 840272145) insufficient data. 0 red flags identified, 0 strengths noted.
How does Morrison Consolidated Ditch Co spend its money?
Detailed spending breakdown data is not yet available for Morrison Consolidated Ditch Co. Check back for updated IRS 990 analysis.
Are donations to Morrison Consolidated Ditch Co tax-deductible?
Morrison Consolidated Ditch Co is registered as a tax-exempt nonprofit (EIN: 840272145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morrison Consolidated Ditch Co located?
Morrison Consolidated Ditch Co is headquartered in Ignacio, Colorado and files with the IRS under EIN 840272145.
How many years of IRS 990 filings does Morrison Consolidated Ditch Co have?
Morrison Consolidated Ditch Co 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 $231K in total revenue.
Filing History
IRS 990 filing history for Morrison Consolidated Ditch Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Morrison Consolidated Ditch Co's revenue has grown by 77.9%, moving from $51K to $90K. Total assets decreased by 20.7% over the same period, from $41K to $32K. Total functional expenses rose by 130.3%, from $52K to $120K. In its most recent filing year (2023), Morrison Consolidated Ditch Co reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $120K | $32K | $0 | — | — |
| 2022 | $93K | $88K | $61K | $0 | — | — |
| 2021 | $101K | $93K | $56K | $0 | — | — |
| 2020 | $66K | $89K | $48K | $0 | — | View 990 |
| 2019 | $65K | $49K | $70K | $0 | — | View 990 |
| 2018 | $75K | $61K | $55K | $0 | — | View 990 |
| 2017 | $65K | $64K | $41K | $0 | — | View 990 |
| 2016 | $63K | $66K | $40K | $0 | — | View 990 |
| 2015 | $89K | $80K | $43K | $0 | — | View 990 |
| 2014 | $70K | $80K | $33K | $0 | — | View 990 |
| 2013 | $66K | $55K | $43K | $0 | — | View 990 |
| 2012 | $56K | $64K | $33K | $0 | — | View 990 |
| 2011 | $51K | $52K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $120K, and assets of $32K (revenue -2.7% year-over-year).
- 2022: Revenue of $93K, expenses of $88K, and assets of $61K (revenue -8.2% year-over-year).
- 2021: Revenue of $101K, expenses of $93K, and assets of $56K (revenue +53.1% year-over-year).
- 2020: Revenue of $66K, expenses of $89K, and assets of $48K (revenue +1.9% year-over-year).
- 2019: Revenue of $65K, expenses of $49K, and assets of $70K (revenue -13.1% year-over-year).
- 2018: Revenue of $75K, expenses of $61K, and assets of $55K (revenue +14.2% year-over-year).
- 2017: Revenue of $65K, expenses of $64K, and assets of $41K (revenue +4.5% year-over-year).
- 2016: Revenue of $63K, expenses of $66K, and assets of $40K (revenue -29.9% year-over-year).
- 2015: Revenue of $89K, expenses of $80K, and assets of $43K (revenue +27.1% year-over-year).
- 2014: Revenue of $70K, expenses of $80K, and assets of $33K (revenue +6.6% year-over-year).
- 2013: Revenue of $66K, expenses of $55K, and assets of $43K (revenue +18.7% year-over-year).
- 2012: Revenue of $56K, expenses of $64K, and assets of $33K (revenue +9.2% year-over-year).
- 2011: Revenue of $51K, expenses of $52K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morrison Consolidated Ditch Co:
Data Sources and Methodology
This transparency report for Morrison Consolidated Ditch 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.