Petes Mountain Water Company
EIN: 820927044 · Durham, OR · NTEE: Y22
| Metric | Value |
|---|---|
| Total Revenue | $161K |
| Total Expenses | $163K |
| Net Assets | $469K |
Is Petes Mountain 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 Petes Mountain Water Company
Petes Mountain Water Company (EIN: 820927044) is a nonprofit organization based in Durham, OR, classified under NTEE code Y22. The organization reported total revenue of $161K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Petes Mountain Water Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Petes Mountain Water Company is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2024). Revenue has grown at a compound annual rate of 28.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $170K |
| Total Expenses | $163K |
| Surplus / Deficit | +$7K |
| Total Assets | $1.3M |
| Total Liabilities | $812K |
| Net Assets | $469K |
| Operating Margin | 4.1% |
| Debt-to-Asset Ratio | 63.4% |
| Months of Reserves | 94.3 months |
Financial Health Grade: A
In 2024, Petes Mountain Water Company reported a surplus of $7K with revenue exceeding expenses, holds 94.3 months of operating reserves (strong position), has a debt-to-asset ratio of 63.4% (high leverage).
Financial Trends
Over 6 years of filings (2018–2024), Petes Mountain Water Company's revenue has grown at a compound annual growth rate (CAGR) of 28.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -22.2% | +1.2% | +2.9% |
| 2023 | +53.7% | -4.2% | -3.1% |
| 2022 | -14.5% | +34.9% | +10.0% |
| 2020 | +18.1% | +1.2% | +14.6% |
| 2019 | +272.6% | +175.2% | +26.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Petes Mountain 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 Petes Mountain 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.4%.
Frequently Asked Questions about Petes Mountain Water Company
Is Petes Mountain Water Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Petes Mountain Water Company (EIN: 820927044) insufficient data. 0 red flags identified, 0 strengths noted.
How does Petes Mountain Water Company spend its money?
Detailed spending breakdown data is not yet available for Petes Mountain Water Company. Check back for updated IRS 990 analysis.
Are donations to Petes Mountain Water Company tax-deductible?
Petes Mountain Water Company is registered as a tax-exempt nonprofit (EIN: 820927044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Petes Mountain Water Company located?
Petes Mountain Water Company is headquartered in Durham, Oregon and files with the IRS under EIN 820927044. It is classified under NTEE code Y22.
How many years of IRS 990 filings does Petes Mountain Water Company have?
Petes Mountain Water Company 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 $161K in total revenue.
Filing History
IRS 990 filing history for Petes Mountain Water Company showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2024), Petes Mountain Water Company's revenue has grown by 349.6%, moving from $38K to $170K. Total assets increased by 59.2% over the same period, from $804K to $1.3M. Total functional expenses rose by 264.4%, from $45K to $163K. In its most recent filing year (2024), Petes Mountain Water Company reported a surplus of $7K, with revenue exceeding expenses. The organization holds $812K in liabilities against $1.3M in assets (debt-to-asset ratio: 63.4%), resulting in net assets of $469K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $170K | $163K | $1.3M | $812K | — | — |
| 2023 | $218K | $161K | $1.2M | $783K | — | View 990 |
| 2022 | $142K | $168K | $1.3M | $880K | — | — |
| 2020 | $166K | $125K | $1.2M | $990K | — | — |
| 2019 | $141K | $123K | $1.0M | $882K | — | View 990 |
| 2018 | $38K | $45K | $804K | $686K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $170K, expenses of $163K, and assets of $1.3M (revenue -22.2% year-over-year).
- 2023: Revenue of $218K, expenses of $161K, and assets of $1.2M (revenue +53.7% year-over-year).
- 2022: Revenue of $142K, expenses of $168K, and assets of $1.3M (revenue -14.5% year-over-year).
- 2020: Revenue of $166K, expenses of $125K, and assets of $1.2M (revenue +18.1% year-over-year).
- 2019: Revenue of $141K, expenses of $123K, and assets of $1.0M (revenue +272.6% year-over-year).
- 2018: Revenue of $38K, expenses of $45K, and assets of $804K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Petes Mountain Water Company:
Data Sources and Methodology
This transparency report for Petes Mountain 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.