Ray Canal Water Users Association
EIN: 464954567 · Fort Washakie, WY · NTEE: K20
| Metric | Value |
|---|---|
| Total Revenue | $246K |
| Total Expenses | $224K |
| Net Assets | $110K |
Is Ray Canal Water Users Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ray Canal Water Users Association
Ray Canal Water Users Association (EIN: 464954567) is a nonprofit organization based in Fort Washakie, WY, classified under NTEE code K20. The organization reported total revenue of $246K and total assets of $110K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ray Canal Water Users Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ray Canal Water Users Association is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $246K |
| Total Expenses | $224K |
| Surplus / Deficit | +$22K |
| Total Assets | $110K |
| Net Assets | $110K |
| Operating Margin | 8.8% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2023, Ray Canal Water Users Association reported a surplus of $22K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2014–2023), Ray Canal Water Users Association's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.6% | +32.8% | +21.7% |
| 2022 | +4.9% | +5.0% | -3.6% |
| 2021 | -0.1% | -17.0% | -1.6% |
| 2020 | +5.8% | +30.5% | -27.1% |
| 2019 | +0.0% | +19.0% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ray Canal Water Users 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 Ray Canal Water Users 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 $22K, with revenue exceeding expenses.
Frequently Asked Questions about Ray Canal Water Users Association
Is Ray Canal Water Users Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Ray Canal Water Users Association (EIN: 464954567) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ray Canal Water Users Association spend its money?
Detailed spending breakdown data is not yet available for Ray Canal Water Users Association. Check back for updated IRS 990 analysis.
Are donations to Ray Canal Water Users Association tax-deductible?
Ray Canal Water Users Association is registered as a tax-exempt nonprofit (EIN: 464954567). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ray Canal Water Users Association located?
Ray Canal Water Users Association is headquartered in Fort Washakie, Wyoming and files with the IRS under EIN 464954567. It is classified under NTEE code K20.
How many years of IRS 990 filings does Ray Canal Water Users Association have?
Ray Canal Water Users Association has 10 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 $246K in total revenue.
Filing History
IRS 990 filing history for Ray Canal Water Users Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Ray Canal Water Users Association's revenue has grown by 87.8%, moving from $131K to $246K. Total assets increased by 148.8% over the same period, from $44K to $110K. Total functional expenses rose by 157%, from $87K to $224K. In its most recent filing year (2023), Ray Canal Water Users Association reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $246K | $224K | $110K | $0 | — | — |
| 2022 | $166K | $169K | $90K | $2K | — | View 990 |
| 2021 | $159K | $161K | $93K | $3K | — | — |
| 2020 | $159K | $194K | $95K | $2K | — | — |
| 2019 | $150K | $148K | $130K | $3K | — | View 990 |
| 2018 | $150K | $125K | $128K | $2K | — | View 990 |
| 2017 | $150K | $133K | $102K | $1K | — | View 990 |
| 2016 | $135K | $152K | $84K | $261 | — | View 990 |
| 2015 | $197K | $139K | $102K | $234 | — | View 990 |
| 2014 | $131K | $87K | $44K | $432 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $246K, expenses of $224K, and assets of $110K (revenue +47.6% year-over-year).
- 2022: Revenue of $166K, expenses of $169K, and assets of $90K (revenue +4.9% year-over-year).
- 2021: Revenue of $159K, expenses of $161K, and assets of $93K (revenue -0.1% year-over-year).
- 2020: Revenue of $159K, expenses of $194K, and assets of $95K (revenue +5.8% year-over-year).
- 2019: Revenue of $150K, expenses of $148K, and assets of $130K (revenue +0.0% year-over-year).
- 2018: Revenue of $150K, expenses of $125K, and assets of $128K (revenue +0.0% year-over-year).
- 2017: Revenue of $150K, expenses of $133K, and assets of $102K (revenue +11.4% year-over-year).
- 2016: Revenue of $135K, expenses of $152K, and assets of $84K (revenue -31.5% year-over-year).
- 2015: Revenue of $197K, expenses of $139K, and assets of $102K (revenue +50.2% year-over-year).
- 2014: Revenue of $131K, expenses of $87K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ray Canal Water Users Association:
Data Sources and Methodology
This transparency report for Ray Canal Water Users 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.