Samish Farms Water Association
EIN: 910592598 · Bow, WA
| Metric | Value |
|---|---|
| Total Revenue | $494K |
| Total Expenses | $417K |
| Net Assets | $1.8M |
Is Samish Farms Water Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Samish Farms Water Association
Samish Farms Water Association (EIN: 910592598) is a nonprofit organization based in Bow, WA. The organization reported total revenue of $494K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Samish Farms Water Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Samish Farms Water Association is a small nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $492K |
| Total Expenses | $417K |
| Surplus / Deficit | +$76K |
| Total Assets | $2.6M |
| Total Liabilities | $771K |
| Net Assets | $1.8M |
| Operating Margin | 15.4% |
| Debt-to-Asset Ratio | 29.4% |
| Months of Reserves | 75.4 months |
Financial Health Grade: A
In 2023, Samish Farms Water Association reported a surplus of $76K with revenue exceeding expenses, holds 75.4 months of operating reserves (strong position), has a debt-to-asset ratio of 29.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Samish Farms Water Association's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.1% | +1.7% | -0.3% |
| 2022 | -5.2% | -6.7% | -1.7% |
| 2021 | +15.9% | +7.5% | -5.1% |
| 2020 | +3.2% | +4.8% | -1.7% |
| 2019 | +4.8% | +12.2% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Samish Farms Water 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 Samish Farms Water 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 $76K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.4%.
Frequently Asked Questions about Samish Farms Water Association
Is Samish Farms Water Association a legitimate charity?
Samish Farms Water Association (EIN: 910592598) is a registered tax-exempt nonprofit based in Washington. It has 13 years of IRS 990 filings on record. Total revenue: $494K. No red flags identified. Financial health grade: A.
How does Samish Farms Water Association spend its money?
Samish Farms Water Association reported $494K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Samish Farms Water Association tax-deductible?
Samish Farms Water Association is registered as a tax-exempt nonprofit (EIN: 910592598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Samish Farms Water Association located?
Samish Farms Water Association is headquartered in Bow, Washington and files with the IRS under EIN 910592598.
How many years of IRS 990 filings does Samish Farms Water Association have?
Samish Farms Water Association 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 $494K in total revenue.
Filing History
IRS 990 filing history for Samish Farms Water Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Samish Farms Water Association's revenue has grown by 103.3%, moving from $242K to $492K. Total assets decreased by 11.5% over the same period, from $3.0M to $2.6M. Total functional expenses rose by 52.7%, from $273K to $417K. In its most recent filing year (2023), Samish Farms Water Association reported a surplus of $76K, with revenue exceeding expenses. The organization holds $771K in liabilities against $2.6M in assets (debt-to-asset ratio: 29.4%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $492K | $417K | $2.6M | $771K | — | View 990 |
| 2022 | $417K | $410K | $2.6M | $853K | — | — |
| 2021 | $440K | $439K | $2.7M | $992K | — | View 990 |
| 2020 | $379K | $409K | $2.8M | $1.1M | — | — |
| 2019 | $367K | $390K | $2.9M | $1.2M | — | — |
| 2018 | $351K | $348K | $2.9M | $1.2M | — | View 990 |
| 2017 | $335K | $352K | $3.0M | $1.4M | — | View 990 |
| 2016 | $315K | $323K | $2.8M | $1.2M | — | View 990 |
| 2015 | $289K | $322K | $2.8M | $1.3M | — | View 990 |
| 2014 | $256K | $300K | $2.9M | $1.3M | — | View 990 |
| 2013 | $252K | $278K | $2.9M | $1.3M | — | View 990 |
| 2012 | $244K | $284K | $2.9M | $1.3M | — | View 990 |
| 2011 | $242K | $273K | $3.0M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $492K, expenses of $417K, and assets of $2.6M (revenue +18.1% year-over-year).
- 2022: Revenue of $417K, expenses of $410K, and assets of $2.6M (revenue -5.2% year-over-year).
- 2021: Revenue of $440K, expenses of $439K, and assets of $2.7M (revenue +15.9% year-over-year).
- 2020: Revenue of $379K, expenses of $409K, and assets of $2.8M (revenue +3.2% year-over-year).
- 2019: Revenue of $367K, expenses of $390K, and assets of $2.9M (revenue +4.8% year-over-year).
- 2018: Revenue of $351K, expenses of $348K, and assets of $2.9M (revenue +4.6% year-over-year).
- 2017: Revenue of $335K, expenses of $352K, and assets of $3.0M (revenue +6.4% year-over-year).
- 2016: Revenue of $315K, expenses of $323K, and assets of $2.8M (revenue +9.1% year-over-year).
- 2015: Revenue of $289K, expenses of $322K, and assets of $2.8M (revenue +12.8% year-over-year).
- 2014: Revenue of $256K, expenses of $300K, and assets of $2.9M (revenue +1.5% year-over-year).
- 2013: Revenue of $252K, expenses of $278K, and assets of $2.9M (revenue +3.6% year-over-year).
- 2012: Revenue of $244K, expenses of $284K, and assets of $2.9M (revenue +0.6% year-over-year).
- 2011: Revenue of $242K, expenses of $273K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Samish Farms Water Association:
Data Sources and Methodology
This transparency report for Samish Farms Water 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.