Sheep Creek Irrigation Company
EIN: 870243355 · Manila, UT
| Metric | Value |
|---|---|
| Total Revenue | $52K |
| Total Expenses | $564K |
| Net Assets | $14.3M |
Is Sheep Creek Irrigation Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sheep Creek Irrigation Company
Sheep Creek Irrigation Company (EIN: 870243355) is a nonprofit organization based in Manila, UT. The organization reported total revenue of $52K and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sheep Creek Irrigation Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sheep Creek Irrigation Company is a micro nonprofit that has been operating for 49 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $564K |
| Surplus / Deficit | $-513,805 |
| Total Assets | $14.3M |
| Net Assets | $14.3M |
| Operating Margin | -1026.4% |
| Months of Reserves | 304.0 months |
Financial Health Grade: B
In 2023, Sheep Creek Irrigation Company reported a deficit of $514K with expenses exceeding revenue, holds 304.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Sheep Creek Irrigation Company's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.4% | -2.1% | -3.5% |
| 2022 | -1.5% | +2.0% | -3.5% |
| 2021 | -73.2% | +2.5% | -3.3% |
| 2020 | +4.7% | +1.3% | -2.3% |
| 2019 | +12.8% | +19.0% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sheep Creek Irrigation 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 Sheep Creek Irrigation 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 $514K, with expenses exceeding revenue.
Frequently Asked Questions about Sheep Creek Irrigation Company
Is Sheep Creek Irrigation Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Sheep Creek Irrigation Company (EIN: 870243355) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sheep Creek Irrigation Company spend its money?
Detailed spending breakdown data is not yet available for Sheep Creek Irrigation Company. Check back for updated IRS 990 analysis.
Are donations to Sheep Creek Irrigation Company tax-deductible?
Sheep Creek Irrigation Company is registered as a tax-exempt nonprofit (EIN: 870243355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sheep Creek Irrigation Company located?
Sheep Creek Irrigation Company is headquartered in Manila, Utah and files with the IRS under EIN 870243355.
How many years of IRS 990 filings does Sheep Creek Irrigation Company have?
Sheep Creek Irrigation Company has 14 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 $52K in total revenue.
Filing History
IRS 990 filing history for Sheep Creek Irrigation Company showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Sheep Creek Irrigation Company's revenue has declined by 39.9%, moving from $83K to $50K. Total assets increased by 30.2% over the same period, from $11.0M to $14.3M. Total functional expenses rose by 49.3%, from $378K to $564K. In its most recent filing year (2023), Sheep Creek Irrigation Company reported a deficit of $514K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $564K | $14.3M | $0 | — | — |
| 2022 | $48K | $576K | $14.8M | $0 | — | View 990 |
| 2021 | $49K | $565K | $15.3M | $1K | — | View 990 |
| 2020 | $182K | $551K | $15.8M | $268 | — | — |
| 2019 | $173K | $544K | $16.2M | $-588 | — | — |
| 2018 | $154K | $457K | $16.6M | $-811 | — | View 990 |
| 2017 | $1.6M | $459K | $16.9M | $7K | — | View 990 |
| 2016 | $311K | $418K | $15.8M | $79K | — | View 990 |
| 2015 | $1.7M | $394K | $16.0M | $129K | — | View 990 |
| 2014 | $3.8M | $391K | $14.6M | $82K | — | View 990 |
| 2013 | $1.4M | $379K | $11.2M | $132K | — | View 990 |
| 2012 | $82K | $392K | $10.2M | $186K | — | View 990 |
| 2011 | $72K | $386K | $10.6M | $240K | — | View 990 |
| 2010 | $83K | $378K | $11.0M | $295K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $564K, and assets of $14.3M (revenue +4.4% year-over-year).
- 2022: Revenue of $48K, expenses of $576K, and assets of $14.8M (revenue -1.5% year-over-year).
- 2021: Revenue of $49K, expenses of $565K, and assets of $15.3M (revenue -73.2% year-over-year).
- 2020: Revenue of $182K, expenses of $551K, and assets of $15.8M (revenue +4.7% year-over-year).
- 2019: Revenue of $173K, expenses of $544K, and assets of $16.2M (revenue +12.8% year-over-year).
- 2018: Revenue of $154K, expenses of $457K, and assets of $16.6M (revenue -90.5% year-over-year).
- 2017: Revenue of $1.6M, expenses of $459K, and assets of $16.9M (revenue +420.7% year-over-year).
- 2016: Revenue of $311K, expenses of $418K, and assets of $15.8M (revenue -82.0% year-over-year).
- 2015: Revenue of $1.7M, expenses of $394K, and assets of $16.0M (revenue -54.9% year-over-year).
- 2014: Revenue of $3.8M, expenses of $391K, and assets of $14.6M (revenue +180.3% year-over-year).
- 2013: Revenue of $1.4M, expenses of $379K, and assets of $11.2M (revenue +1572.5% year-over-year).
- 2012: Revenue of $82K, expenses of $392K, and assets of $10.2M (revenue +13.1% year-over-year).
- 2011: Revenue of $72K, expenses of $386K, and assets of $10.6M (revenue -13.0% year-over-year).
- 2010: Revenue of $83K, expenses of $378K, and assets of $11.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sheep Creek Irrigation Company:
Data Sources and Methodology
This transparency report for Sheep Creek Irrigation 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.