Sevier Valley Canal Company
EIN: 870174557 · Richfield, UT
| Metric | Value |
|---|---|
| Total Revenue | $133K |
| Total Expenses | $128K |
| Net Assets | $189K |
Is Sevier Valley 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 Sevier Valley Canal Company
Sevier Valley Canal Company (EIN: 870174557) is a nonprofit organization based in Richfield, UT. The organization reported total revenue of $133K and total assets of $177K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sevier Valley Canal Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sevier Valley Canal Company is a small nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $128K |
| Surplus / Deficit | $-13,310 |
| Total Assets | $202K |
| Total Liabilities | $13K |
| Net Assets | $189K |
| Operating Margin | -11.6% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 19.0 months |
Financial Health Grade: B
In 2023, Sevier Valley Canal Company reported a deficit of $13K with expenses exceeding revenue, holds 19.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sevier Valley Canal Company's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.9% | +34.2% | -7.0% |
| 2022 | +0.7% | -16.8% | +16.8% |
| 2021 | -57.3% | -57.3% | +-0.0% |
| 2020 | +92.8% | +73.6% | +6.1% |
| 2019 | +17.4% | +45.7% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sevier Valley 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 Sevier Valley 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 $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.7%.
Frequently Asked Questions about Sevier Valley Canal Company
Is Sevier Valley Canal Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Sevier Valley Canal Company (EIN: 870174557) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sevier Valley Canal Company spend its money?
Detailed spending breakdown data is not yet available for Sevier Valley Canal Company. Check back for updated IRS 990 analysis.
Are donations to Sevier Valley Canal Company tax-deductible?
Sevier Valley Canal Company is registered as a tax-exempt nonprofit (EIN: 870174557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sevier Valley Canal Company located?
Sevier Valley Canal Company is headquartered in Richfield, Utah and files with the IRS under EIN 870174557.
How many years of IRS 990 filings does Sevier Valley Canal Company have?
Sevier Valley Canal 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 $133K in total revenue.
Filing History
IRS 990 filing history for Sevier Valley Canal Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sevier Valley Canal Company's revenue has grown by 13.3%, moving from $101K to $115K. Total assets increased by 84.6% over the same period, from $110K to $202K. Total functional expenses rose by 12.7%, from $113K to $128K. In its most recent filing year (2023), Sevier Valley Canal Company reported a deficit of $13K, with expenses exceeding revenue. The organization holds $13K in liabilities against $202K in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $189K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $128K | $202K | $13K | — | — |
| 2022 | $117K | $95K | $217K | $15K | — | — |
| 2021 | $116K | $114K | $186K | $6K | — | View 990 |
| 2020 | $271K | $268K | $186K | $7K | — | — |
| 2019 | $141K | $154K | $176K | $281 | — | View 990 |
| 2018 | $120K | $106K | $189K | $281 | — | View 990 |
| 2017 | $119K | $99K | $175K | $0 | — | View 990 |
| 2016 | $118K | $103K | $155K | $258 | — | View 990 |
| 2015 | $130K | $124K | $141K | $403 | — | View 990 |
| 2014 | $110K | $104K | $135K | $0 | — | View 990 |
| 2013 | $108K | $93K | $141K | $12K | — | View 990 |
| 2012 | $107K | $102K | $114K | $0 | — | View 990 |
| 2011 | $101K | $113K | $110K | $273 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115K, expenses of $128K, and assets of $202K (revenue -1.9% year-over-year).
- 2022: Revenue of $117K, expenses of $95K, and assets of $217K (revenue +0.7% year-over-year).
- 2021: Revenue of $116K, expenses of $114K, and assets of $186K (revenue -57.3% year-over-year).
- 2020: Revenue of $271K, expenses of $268K, and assets of $186K (revenue +92.8% year-over-year).
- 2019: Revenue of $141K, expenses of $154K, and assets of $176K (revenue +17.4% year-over-year).
- 2018: Revenue of $120K, expenses of $106K, and assets of $189K (revenue +0.9% year-over-year).
- 2017: Revenue of $119K, expenses of $99K, and assets of $175K (revenue +1.0% year-over-year).
- 2016: Revenue of $118K, expenses of $103K, and assets of $155K (revenue -9.2% year-over-year).
- 2015: Revenue of $130K, expenses of $124K, and assets of $141K (revenue +18.0% year-over-year).
- 2014: Revenue of $110K, expenses of $104K, and assets of $135K (revenue +1.8% year-over-year).
- 2013: Revenue of $108K, expenses of $93K, and assets of $141K (revenue +1.1% year-over-year).
- 2012: Revenue of $107K, expenses of $102K, and assets of $114K (revenue +5.6% year-over-year).
- 2011: Revenue of $101K, expenses of $113K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sevier Valley Canal Company:
Data Sources and Methodology
This transparency report for Sevier Valley 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.