Nickelson Little Farms Water Company
EIN: 741979593 · Gillette, WY
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $114K |
| Net Assets | $275K |
Is Nickelson Little Farms Water Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nickelson Little Farms Water Company
Nickelson Little Farms Water Company (EIN: 741979593) is a nonprofit organization based in Gillette, WY. The organization reported total revenue of $85K and total assets of $308K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nickelson Little Farms Water Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nickelson Little Farms Water Company is a micro nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $114K |
| Surplus / Deficit | $-41,014 |
| Total Assets | $275K |
| Net Assets | $275K |
| Operating Margin | -56.2% |
| Months of Reserves | 29.0 months |
Financial Health Grade: B
In 2023, Nickelson Little Farms Water Company reported a deficit of $41K with expenses exceeding revenue, holds 29.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Nickelson Little Farms Water Company's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +110.4% | -13.0% |
| 2022 | -3.7% | -41.5% | +5.3% |
| 2021 | +4.4% | +7.0% | -6.2% |
| 2020 | +4.5% | +117.9% | -5.0% |
| 2019 | +0.5% | -8.4% | +8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nickelson Little Farms Water 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 Nickelson Little Farms Water 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 deficit of $41K, with expenses exceeding revenue.
Frequently Asked Questions about Nickelson Little Farms Water Company
Is Nickelson Little Farms Water Company a legitimate charity?
Nickelson Little Farms Water Company (EIN: 741979593) is a registered tax-exempt nonprofit based in Wyoming. It has 13 years of IRS 990 filings on record. Total revenue: $85K. No red flags identified. Financial health grade: B.
How does Nickelson Little Farms Water Company spend its money?
Nickelson Little Farms Water Company reported $85K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nickelson Little Farms Water Company tax-deductible?
Nickelson Little Farms Water Company is registered as a tax-exempt nonprofit (EIN: 741979593). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nickelson Little Farms Water Company located?
Nickelson Little Farms Water Company is headquartered in Gillette, Wyoming and files with the IRS under EIN 741979593.
How many years of IRS 990 filings does Nickelson Little Farms Water Company have?
Nickelson Little Farms Water 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 $85K in total revenue.
Filing History
IRS 990 filing history for Nickelson Little Farms Water Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nickelson Little Farms Water Company's revenue has grown by 14.2%, moving from $64K to $73K. Total assets increased by 17.9% over the same period, from $233K to $275K. Total functional expenses rose by 124.3%, from $51K to $114K. In its most recent filing year (2023), Nickelson Little Farms Water Company reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $114K | $275K | $0 | — | — |
| 2022 | $70K | $54K | $316K | $0 | — | View 990 |
| 2021 | $73K | $93K | $300K | $0 | — | — |
| 2020 | $70K | $86K | $320K | $0 | — | View 990 |
| 2019 | $67K | $40K | $337K | $0 | — | View 990 |
| 2018 | $66K | $43K | $310K | $0 | — | View 990 |
| 2017 | $73K | $42K | $286K | $0 | — | View 990 |
| 2016 | $76K | $6K | $281K | $0 | — | View 990 |
| 2015 | $71K | $34K | $211K | $0 | — | View 990 |
| 2014 | $70K | $83K | $174K | $0 | — | View 990 |
| 2013 | $56K | $92K | $187K | $0 | — | View 990 |
| 2012 | $56K | $74K | $215K | $0 | — | View 990 |
| 2011 | $64K | $51K | $233K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $114K, and assets of $275K (revenue +4.1% year-over-year).
- 2022: Revenue of $70K, expenses of $54K, and assets of $316K (revenue -3.7% year-over-year).
- 2021: Revenue of $73K, expenses of $93K, and assets of $300K (revenue +4.4% year-over-year).
- 2020: Revenue of $70K, expenses of $86K, and assets of $320K (revenue +4.5% year-over-year).
- 2019: Revenue of $67K, expenses of $40K, and assets of $337K (revenue +0.5% year-over-year).
- 2018: Revenue of $66K, expenses of $43K, and assets of $310K (revenue -9.3% year-over-year).
- 2017: Revenue of $73K, expenses of $42K, and assets of $286K (revenue -3.7% year-over-year).
- 2016: Revenue of $76K, expenses of $6K, and assets of $281K (revenue +7.3% year-over-year).
- 2015: Revenue of $71K, expenses of $34K, and assets of $211K (revenue +1.8% year-over-year).
- 2014: Revenue of $70K, expenses of $83K, and assets of $174K (revenue +23.9% year-over-year).
- 2013: Revenue of $56K, expenses of $92K, and assets of $187K (revenue +0.9% year-over-year).
- 2012: Revenue of $56K, expenses of $74K, and assets of $215K (revenue -12.9% year-over-year).
- 2011: Revenue of $64K, expenses of $51K, and assets of $233K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nickelson Little Farms Water Company:
Data Sources and Methodology
This transparency report for Nickelson Little Farms Water 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.