Paradise Irrigation & Reservoir Co
EIN: 870229739 · Paradise, UT · NTEE: K20
| Metric | Value |
|---|---|
| Total Revenue | $124K |
| Total Expenses | $141K |
| Net Assets | $82K |
Is Paradise Irrigation & Reservoir Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Paradise Irrigation & Reservoir Co
Paradise Irrigation & Reservoir Co (EIN: 870229739) is a nonprofit organization based in Paradise, UT, classified under NTEE code K20. The organization reported total revenue of $124K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paradise Irrigation & Reservoir Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paradise Irrigation & Reservoir Co is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $141K |
| Surplus / Deficit | $-17,009 |
| Total Assets | $87K |
| Total Liabilities | $5K |
| Net Assets | $82K |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Paradise Irrigation & Reservoir Co reported a deficit of $17K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Paradise Irrigation & Reservoir Co's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.0% | -0.3% | -15.2% |
| 2022 | -22.3% | +68.8% | -39.0% |
| 2021 | -35.8% | -30.2% | +5.8% |
| 2020 | +24.4% | -1.7% | +24.4% |
| 2019 | +23.6% | +42.7% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Paradise Irrigation & Reservoir 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 Paradise Irrigation & Reservoir 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 $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.7%.
Frequently Asked Questions about Paradise Irrigation & Reservoir Co
Is Paradise Irrigation & Reservoir Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Paradise Irrigation & Reservoir Co (EIN: 870229739) insufficient data. 0 red flags identified, 0 strengths noted.
How does Paradise Irrigation & Reservoir Co spend its money?
Detailed spending breakdown data is not yet available for Paradise Irrigation & Reservoir Co. Check back for updated IRS 990 analysis.
Are donations to Paradise Irrigation & Reservoir Co tax-deductible?
Paradise Irrigation & Reservoir Co is registered as a tax-exempt nonprofit (EIN: 870229739). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Paradise Irrigation & Reservoir Co located?
Paradise Irrigation & Reservoir Co is headquartered in Paradise, Utah and files with the IRS under EIN 870229739. It is classified under NTEE code K20.
How many years of IRS 990 filings does Paradise Irrigation & Reservoir Co have?
Paradise Irrigation & Reservoir Co has 6 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 $124K in total revenue.
Filing History
IRS 990 filing history for Paradise Irrigation & Reservoir Co showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Paradise Irrigation & Reservoir Co's revenue has grown by 22.9%, moving from $101K to $124K. Total assets decreased by 30.6% over the same period, from $125K to $87K. Total functional expenses rose by 64.9%, from $86K to $141K. In its most recent filing year (2023), Paradise Irrigation & Reservoir Co reported a deficit of $17K, with expenses exceeding revenue. The organization holds $5K in liabilities against $87K in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $82K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $141K | $87K | $5K | — | — |
| 2022 | $78K | $142K | $102K | $3K | — | — |
| 2021 | $100K | $84K | $168K | $5K | — | — |
| 2020 | $156K | $120K | $158K | $12K | — | — |
| 2019 | $125K | $122K | $127K | $16K | — | View 990 |
| 2018 | $101K | $86K | $125K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $141K, and assets of $87K (revenue +60.0% year-over-year).
- 2022: Revenue of $78K, expenses of $142K, and assets of $102K (revenue -22.3% year-over-year).
- 2021: Revenue of $100K, expenses of $84K, and assets of $168K (revenue -35.8% year-over-year).
- 2020: Revenue of $156K, expenses of $120K, and assets of $158K (revenue +24.4% year-over-year).
- 2019: Revenue of $125K, expenses of $122K, and assets of $127K (revenue +23.6% year-over-year).
- 2018: Revenue of $101K, expenses of $86K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paradise Irrigation & Reservoir Co:
Data Sources and Methodology
This transparency report for Paradise Irrigation & Reservoir 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.