Penasco Mutual Domestic Water Consumers Association
EIN: 900245249 · Penasco, NM · NTEE: Y22
| Metric | Value |
|---|---|
| Total Revenue | $127K |
| Total Expenses | $81K |
| Net Assets | $829K |
Is Penasco Mutual Domestic Water Consumers Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Penasco Mutual Domestic Water Consumers Association
Penasco Mutual Domestic Water Consumers Association (EIN: 900245249) is a nonprofit organization based in Penasco, NM, classified under NTEE code Y22. The organization reported total revenue of $127K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Penasco Mutual Domestic Water Consumers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Penasco Mutual Domestic Water Consumers Association is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $81K |
| Surplus / Deficit | +$118K |
| Total Assets | $1.1M |
| Total Liabilities | $227K |
| Net Assets | $829K |
| Operating Margin | 59.3% |
| Debt-to-Asset Ratio | 21.5% |
| Months of Reserves | 156.1 months |
Financial Health Grade: A
In 2023, Penasco Mutual Domestic Water Consumers Association reported a surplus of $118K with revenue exceeding expenses, holds 156.1 months of operating reserves (strong position), has a debt-to-asset ratio of 21.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Penasco Mutual Domestic Water Consumers Association's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.0% | -51.4% | +17.4% |
| 2022 | +9.4% | +23.0% | -6.3% |
| 2021 | +11.5% | +11.7% | -3.9% |
| 2020 | +6.0% | -3.9% | -3.4% |
| 2019 | +7.7% | -2.9% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Penasco Mutual Domestic Water Consumers Association 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 Penasco Mutual Domestic Water Consumers Association 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 $118K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.5%.
Frequently Asked Questions about Penasco Mutual Domestic Water Consumers Association
Is Penasco Mutual Domestic Water Consumers Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Penasco Mutual Domestic Water Consumers Association (EIN: 900245249) insufficient data. 0 red flags identified, 0 strengths noted.
How does Penasco Mutual Domestic Water Consumers Association spend its money?
Detailed spending breakdown data is not yet available for Penasco Mutual Domestic Water Consumers Association. Check back for updated IRS 990 analysis.
Are donations to Penasco Mutual Domestic Water Consumers Association tax-deductible?
Penasco Mutual Domestic Water Consumers Association is registered as a tax-exempt nonprofit (EIN: 900245249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Penasco Mutual Domestic Water Consumers Association located?
Penasco Mutual Domestic Water Consumers Association is headquartered in Penasco, New Mexico and files with the IRS under EIN 900245249. It is classified under NTEE code Y22.
How many years of IRS 990 filings does Penasco Mutual Domestic Water Consumers Association have?
Penasco Mutual Domestic Water Consumers Association 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 $127K in total revenue.
Filing History
IRS 990 filing history for Penasco Mutual Domestic Water Consumers Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Penasco Mutual Domestic Water Consumers Association's revenue has grown by 126.9%, moving from $88K to $200K. Total assets decreased by 20.2% over the same period, from $1.3M to $1.1M. Total functional expenses fell by 18.7%, from $100K to $81K. In its most recent filing year (2023), Penasco Mutual Domestic Water Consumers Association reported a surplus of $118K, with revenue exceeding expenses. The organization holds $227K in liabilities against $1.1M in assets (debt-to-asset ratio: 21.5%), resulting in net assets of $829K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $81K | $1.1M | $227K | — | — |
| 2022 | $113K | $167K | $900K | $232K | — | View 990 |
| 2021 | $103K | $136K | $960K | $239K | — | — |
| 2020 | $92K | $122K | $999K | $245K | — | — |
| 2019 | $87K | $127K | $1.0M | $251K | — | — |
| 2018 | $81K | $130K | $1.1M | $257K | — | View 990 |
| 2017 | $74K | $108K | $1.1M | $262K | — | — |
| 2016 | $78K | $106K | $1.2M | $267K | — | View 990 |
| 2015 | $81K | $96K | $1.2M | $272K | — | View 990 |
| 2014 | $76K | $103K | $1.2M | $277K | — | View 990 |
| 2013 | $82K | $110K | $1.3M | $281K | — | View 990 |
| 2012 | $83K | $100K | $1.3M | $286K | — | View 990 |
| 2011 | $88K | $100K | $1.3M | $301K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $81K, and assets of $1.1M (revenue +77.0% year-over-year).
- 2022: Revenue of $113K, expenses of $167K, and assets of $900K (revenue +9.4% year-over-year).
- 2021: Revenue of $103K, expenses of $136K, and assets of $960K (revenue +11.5% year-over-year).
- 2020: Revenue of $92K, expenses of $122K, and assets of $999K (revenue +6.0% year-over-year).
- 2019: Revenue of $87K, expenses of $127K, and assets of $1.0M (revenue +7.7% year-over-year).
- 2018: Revenue of $81K, expenses of $130K, and assets of $1.1M (revenue +9.6% year-over-year).
- 2017: Revenue of $74K, expenses of $108K, and assets of $1.1M (revenue -5.2% year-over-year).
- 2016: Revenue of $78K, expenses of $106K, and assets of $1.2M (revenue -3.3% year-over-year).
- 2015: Revenue of $81K, expenses of $96K, and assets of $1.2M (revenue +6.6% year-over-year).
- 2014: Revenue of $76K, expenses of $103K, and assets of $1.2M (revenue -7.7% year-over-year).
- 2013: Revenue of $82K, expenses of $110K, and assets of $1.3M (revenue -1.0% year-over-year).
- 2012: Revenue of $83K, expenses of $100K, and assets of $1.3M (revenue -6.0% year-over-year).
- 2011: Revenue of $88K, expenses of $100K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Penasco Mutual Domestic Water Consumers Association:
Data Sources and Methodology
This transparency report for Penasco Mutual Domestic Water Consumers Association 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.