Richfield Irrigation Canal Company
EIN: 870169565 · Richfield, UT
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $177K |
| Net Assets | $325K |
Is Richfield Irrigation Canal Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Richfield Irrigation Canal Company
Richfield Irrigation Canal Company (EIN: 870169565) is a nonprofit organization based in Richfield, UT. The organization reported total revenue of $169K and total assets of $347K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richfield Irrigation Canal Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richfield Irrigation Canal Company is a small nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $170K |
| Total Expenses | $177K |
| Surplus / Deficit | $-6,782 |
| Total Assets | $325K |
| Net Assets | $325K |
| Operating Margin | -4.0% |
| Months of Reserves | 22.1 months |
Financial Health Grade: B
In 2023, Richfield Irrigation Canal Company reported a deficit of $7K with expenses exceeding revenue, holds 22.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Richfield Irrigation Canal Company's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.1% | +49.8% | -2.0% |
| 2022 | -0.3% | -3.8% | +6.8% |
| 2021 | -11.9% | -28.0% | +5.8% |
| 2020 | -0.6% | +90.9% | -3.9% |
| 2019 | +3.6% | -12.0% | +29.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Richfield Irrigation Canal 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 Richfield Irrigation Canal 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 deficit of $7K, with expenses exceeding revenue.
Frequently Asked Questions about Richfield Irrigation Canal Company
Is Richfield Irrigation Canal Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Richfield Irrigation Canal Company (EIN: 870169565) insufficient data. 0 red flags identified, 0 strengths noted.
How does Richfield Irrigation Canal Company spend its money?
Detailed spending breakdown data is not yet available for Richfield Irrigation Canal Company. Check back for updated IRS 990 analysis.
Are donations to Richfield Irrigation Canal Company tax-deductible?
Richfield Irrigation Canal Company is registered as a tax-exempt nonprofit (EIN: 870169565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Richfield Irrigation Canal Company located?
Richfield Irrigation Canal Company is headquartered in Richfield, Utah and files with the IRS under EIN 870169565.
How many years of IRS 990 filings does Richfield Irrigation Canal Company have?
Richfield Irrigation Canal Company has 12 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 $169K in total revenue.
Filing History
IRS 990 filing history for Richfield Irrigation Canal Company showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Richfield Irrigation Canal Company's revenue has grown by 51.4%, moving from $112K to $170K. Total assets increased by 66.6% over the same period, from $195K to $325K. Total functional expenses rose by 36.4%, from $130K to $177K. In its most recent filing year (2023), Richfield Irrigation Canal Company reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $170K | $177K | $325K | $0 | — | — |
| 2022 | $139K | $118K | $332K | $0 | — | — |
| 2021 | $140K | $123K | $311K | $0 | — | — |
| 2020 | $159K | $170K | $294K | $0 | — | View 990 |
| 2019 | $160K | $89K | $306K | $0 | — | View 990 |
| 2018 | $154K | $101K | $236K | $0 | — | View 990 |
| 2017 | $146K | $142K | $183K | $0 | — | View 990 |
| 2016 | $192K | $134K | $157K | $0 | — | View 990 |
| 2015 | $57K | $141K | $149K | $50K | — | View 990 |
| 2013 | $118K | $97K | $185K | $0 | — | View 990 |
| 2012 | $138K | $169K | $165K | $0 | — | View 990 |
| 2011 | $112K | $130K | $195K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $170K, expenses of $177K, and assets of $325K (revenue +22.1% year-over-year).
- 2022: Revenue of $139K, expenses of $118K, and assets of $332K (revenue -0.3% year-over-year).
- 2021: Revenue of $140K, expenses of $123K, and assets of $311K (revenue -11.9% year-over-year).
- 2020: Revenue of $159K, expenses of $170K, and assets of $294K (revenue -0.6% year-over-year).
- 2019: Revenue of $160K, expenses of $89K, and assets of $306K (revenue +3.6% year-over-year).
- 2018: Revenue of $154K, expenses of $101K, and assets of $236K (revenue +5.4% year-over-year).
- 2017: Revenue of $146K, expenses of $142K, and assets of $183K (revenue -23.8% year-over-year).
- 2016: Revenue of $192K, expenses of $134K, and assets of $157K (revenue +237.2% year-over-year).
- 2015: Revenue of $57K, expenses of $141K, and assets of $149K (revenue -51.8% year-over-year).
- 2013: Revenue of $118K, expenses of $97K, and assets of $185K (revenue -14.6% year-over-year).
- 2012: Revenue of $138K, expenses of $169K, and assets of $165K (revenue +22.8% year-over-year).
- 2011: Revenue of $112K, expenses of $130K, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richfield Irrigation Canal Company:
Data Sources and Methodology
This transparency report for Richfield Irrigation Canal 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.