Piute Reservoir & Irrigation Company
EIN: 870166865 · Richfield, UT · NTEE: W90
| Metric | Value |
|---|---|
| Total Revenue | $299K |
| Total Expenses | $245K |
| Net Assets | $6.6M |
Is Piute Reservoir & Irrigation Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Piute Reservoir & Irrigation Company
Piute Reservoir & Irrigation Company (EIN: 870166865) is a nonprofit organization based in Richfield, UT, classified under NTEE code W90. The organization reported total revenue of $299K and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Piute Reservoir & Irrigation Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Piute Reservoir & Irrigation Company is a small nonprofit that has been operating for 7 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $291K |
| Total Expenses | $245K |
| Surplus / Deficit | +$45K |
| Total Assets | $6.6M |
| Net Assets | $6.6M |
| Operating Margin | 15.6% |
| Months of Reserves | 324.9 months |
Financial Health Grade: A
In 2023, Piute Reservoir & Irrigation Company reported a surplus of $45K with revenue exceeding expenses, holds 324.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Piute Reservoir & Irrigation Company's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.7% | +13.6% | +0.5% |
| 2022 | +23.3% | -3.9% | +0.0% |
| 2021 | -27.1% | -0.2% | -0.8% |
| 2020 | +1.7% | -5.8% | +0.3% |
| 2019 | +3.4% | +5.7% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Piute Reservoir & Irrigation 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 Piute Reservoir & Irrigation 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 surplus of $45K, with revenue exceeding expenses.
Frequently Asked Questions about Piute Reservoir & Irrigation Company
Is Piute Reservoir & Irrigation Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Piute Reservoir & Irrigation Company (EIN: 870166865) insufficient data. 0 red flags identified, 0 strengths noted.
How does Piute Reservoir & Irrigation Company spend its money?
Detailed spending breakdown data is not yet available for Piute Reservoir & Irrigation Company. Check back for updated IRS 990 analysis.
Are donations to Piute Reservoir & Irrigation Company tax-deductible?
Piute Reservoir & Irrigation Company is registered as a tax-exempt nonprofit (EIN: 870166865). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Piute Reservoir & Irrigation Company located?
Piute Reservoir & Irrigation Company is headquartered in Richfield, Utah and files with the IRS under EIN 870166865. It is classified under NTEE code W90.
How many years of IRS 990 filings does Piute Reservoir & Irrigation Company have?
Piute Reservoir & Irrigation 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 $299K in total revenue.
Filing History
IRS 990 filing history for Piute Reservoir & Irrigation Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Piute Reservoir & Irrigation Company's revenue has grown by 48%, moving from $196K to $291K. Total assets decreased by 1.6% over the same period, from $6.7M to $6.6M. Total functional expenses rose by 14.4%, from $214K to $245K. In its most recent filing year (2023), Piute Reservoir & Irrigation Company reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $291K | $245K | $6.6M | $0 | — | — |
| 2022 | $239K | $216K | $6.6M | $15K | — | View 990 |
| 2021 | $194K | $225K | $6.6M | $37K | — | View 990 |
| 2020 | $266K | $225K | $6.7M | $59K | — | — |
| 2019 | $261K | $239K | $6.6M | $81K | — | View 990 |
| 2018 | $253K | $226K | $6.6M | $103K | — | View 990 |
| 2017 | $280K | $209K | $6.6M | $125K | — | — |
| 2016 | $204K | $269K | $6.6M | $146K | — | — |
| 2015 | $0 | $184K | $6.7M | $168K | — | — |
| 2014 | $254K | $343K | $6.7M | $190K | — | — |
| 2013 | $311K | $216K | $6.8M | $212K | — | View 990 |
| 2012 | $191K | $226K | $6.7M | $230K | — | View 990 |
| 2011 | $196K | $214K | $6.7M | $252K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $291K, expenses of $245K, and assets of $6.6M (revenue +21.7% year-over-year).
- 2022: Revenue of $239K, expenses of $216K, and assets of $6.6M (revenue +23.3% year-over-year).
- 2021: Revenue of $194K, expenses of $225K, and assets of $6.6M (revenue -27.1% year-over-year).
- 2020: Revenue of $266K, expenses of $225K, and assets of $6.7M (revenue +1.7% year-over-year).
- 2019: Revenue of $261K, expenses of $239K, and assets of $6.6M (revenue +3.4% year-over-year).
- 2018: Revenue of $253K, expenses of $226K, and assets of $6.6M (revenue -9.8% year-over-year).
- 2017: Revenue of $280K, expenses of $209K, and assets of $6.6M (revenue +37.1% year-over-year).
- 2016: Revenue of $204K, expenses of $269K, and assets of $6.6M.
- 2015: Revenue of $0, expenses of $184K, and assets of $6.7M (revenue -100.0% year-over-year).
- 2014: Revenue of $254K, expenses of $343K, and assets of $6.7M (revenue -18.3% year-over-year).
- 2013: Revenue of $311K, expenses of $216K, and assets of $6.8M (revenue +62.6% year-over-year).
- 2012: Revenue of $191K, expenses of $226K, and assets of $6.7M (revenue -2.6% year-over-year).
- 2011: Revenue of $196K, expenses of $214K, and assets of $6.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Piute Reservoir & Irrigation Company:
Data Sources and Methodology
This transparency report for Piute Reservoir & Irrigation 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.