Roaring Fork Water And Sewer Company
Roaring Fork Water And Sewer Company shows consistent growth and no executive compensation.
EIN: 208673382 · Basalt, CO · NTEE: Y22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $767K |
| Program Spending | 90% |
| Net Assets | $894K |
| Transparency Score | 90/100 |
Is Roaring Fork Water And Sewer Company Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Roaring Fork Water And Sewer Company directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Roaring Fork Water And Sewer Company
Roaring Fork Water And Sewer Company (EIN: 208673382) is a nonprofit organization based in Basalt, CO, classified under NTEE code Y22. The organization reported total revenue of $1.1M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roaring Fork Water And Sewer Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roaring Fork Water And Sewer Company is a mid-size nonprofit that has been operating for 13 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $976K |
| Total Expenses | $767K |
| Surplus / Deficit | +$209K |
| Total Assets | $939K |
| Total Liabilities | $45K |
| Net Assets | $894K |
| Operating Margin | 21.4% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 14.7 months |
Financial Health Grade: A
In 2023, Roaring Fork Water And Sewer Company reported a surplus of $209K with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Roaring Fork Water And Sewer Company's revenue has grown at a compound annual growth rate (CAGR) of 23.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +116.0% | +29.5% | +14.6% |
| 2022 | +10.4% | +54.4% | -7.6% |
| 2021 | +1.2% | -6.1% | +4.3% |
| 2020 | -8.5% | +21.9% | +5.8% |
| 2019 | -0.9% | -22.3% | +15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Roaring Fork Water And Sewer Company with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Roaring Fork Water And Sewer Company allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $209K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive indicator of financial efficiency and a strong commitment to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Roaring Fork Water And Sewer Company:
- Consistent 0% officer compensation, indicating high efficiency.
- Steady growth in assets over the past decade, from $495,122 in 2014 to $939,385 in 2023.
- Positive net income in most years, demonstrating financial sustainability (e.g., $975,877 revenue vs. $766,764 expenses in 2023).
- Low liabilities relative to assets, suggesting strong financial health.
- Significant revenue increase in the latest filing period (202312), indicating potential expansion or increased activity.
Frequently Asked Questions about Roaring Fork Water And Sewer Company
Is Roaring Fork Water And Sewer Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Roaring Fork Water And Sewer Company (EIN: 208673382) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Roaring Fork Water And Sewer Company spend its money?
Roaring Fork Water And Sewer Company directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Roaring Fork Water And Sewer Company tax-deductible?
Roaring Fork Water And Sewer Company is registered as a tax-exempt nonprofit (EIN: 208673382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Roaring Fork Water And Sewer Company compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Roaring Fork Water And Sewer Company is above average for NTEE category Y22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Roaring Fork Water And Sewer Company located?
Roaring Fork Water And Sewer Company is headquartered in Basalt, Colorado and files with the IRS under EIN 208673382. It is classified under NTEE code Y22.
How many years of IRS 990 filings does Roaring Fork Water And Sewer Company have?
Roaring Fork Water And Sewer 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 $1.1M in total revenue.
Is Roaring Fork Water And Sewer Company financially stable?
Yes, the organization appears financially stable, consistently generating surpluses (e.g., $975,877 revenue vs. $766,764 expenses in 2023) and showing steady asset growth from $495,122 in 2014 to $939,385 in 2023.
Does Roaring Fork Water And Sewer Company pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating no salaries are paid to executives.
How has the organization's revenue trended over time?
Revenue has shown a generally upward trend, with a significant jump in the latest period to $975,877 in 2023 from around $400,000-$450,000 in previous years.
Filing History
IRS 990 filing history for Roaring Fork Water And Sewer Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Roaring Fork Water And Sewer Company's revenue has grown by 1166.3%, moving from $77K to $976K. Total assets increased by 217.6% over the same period, from $296K to $939K. Total functional expenses rose by 5713.7%, from $13K to $767K. In its most recent filing year (2023), Roaring Fork Water And Sewer Company reported a surplus of $209K, with revenue exceeding expenses. The organization holds $45K in liabilities against $939K in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $894K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $976K | $767K | $939K | $45K | — | — |
| 2022 | $452K | $592K | $820K | $135K | — | View 990 |
| 2021 | $409K | $384K | $887K | $62K | — | View 990 |
| 2020 | $404K | $408K | $851K | $51K | — | View 990 |
| 2019 | $442K | $335K | $804K | $332 | — | — |
| 2018 | $446K | $431K | $699K | $3K | — | View 990 |
| 2017 | $442K | $337K | $684K | $2K | — | View 990 |
| 2016 | $425K | $348K | $600K | $22K | — | View 990 |
| 2015 | $399K | $349K | $523K | $23K | — | View 990 |
| 2014 | $378K | $327K | $495K | $45K | — | View 990 |
| 2013 | $385K | $337K | $430K | $32K | — | View 990 |
| 2012 | $359K | $277K | $366K | $16K | — | View 990 |
| 2011 | $77K | $13K | $296K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $976K, expenses of $767K, and assets of $939K (revenue +116.0% year-over-year).
- 2022: Revenue of $452K, expenses of $592K, and assets of $820K (revenue +10.4% year-over-year).
- 2021: Revenue of $409K, expenses of $384K, and assets of $887K (revenue +1.2% year-over-year).
- 2020: Revenue of $404K, expenses of $408K, and assets of $851K (revenue -8.5% year-over-year).
- 2019: Revenue of $442K, expenses of $335K, and assets of $804K (revenue -0.9% year-over-year).
- 2018: Revenue of $446K, expenses of $431K, and assets of $699K (revenue +1.0% year-over-year).
- 2017: Revenue of $442K, expenses of $337K, and assets of $684K (revenue +3.9% year-over-year).
- 2016: Revenue of $425K, expenses of $348K, and assets of $600K (revenue +6.5% year-over-year).
- 2015: Revenue of $399K, expenses of $349K, and assets of $523K (revenue +5.4% year-over-year).
- 2014: Revenue of $378K, expenses of $327K, and assets of $495K (revenue -1.8% year-over-year).
- 2013: Revenue of $385K, expenses of $337K, and assets of $430K (revenue +7.4% year-over-year).
- 2012: Revenue of $359K, expenses of $277K, and assets of $366K (revenue +365.6% year-over-year).
- 2011: Revenue of $77K, expenses of $13K, and assets of $296K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roaring Fork Water And Sewer Company:
Data Sources and Methodology
This transparency report for Roaring Fork Water And Sewer 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.