Walnut Creek Water Company
EIN: 346552700 · Walnut Creek, OH
| Metric | Value |
|---|---|
| Total Revenue | $415K |
| Total Expenses | $144K |
| Net Assets | $561K |
Is Walnut Creek Water Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Walnut Creek Water Company
Walnut Creek Water Company (EIN: 346552700) is a nonprofit organization based in Walnut Creek, OH. The organization reported total revenue of $415K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walnut Creek Water Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walnut Creek Water Company is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $144K |
| Surplus / Deficit | +$2K |
| Total Assets | $2.6M |
| Total Liabilities | $2.0M |
| Net Assets | $561K |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 78.0% |
| Months of Reserves | 212.7 months |
Financial Health Grade: A
In 2023, Walnut Creek Water Company reported a surplus of $2K with revenue exceeding expenses, holds 212.7 months of operating reserves (strong position), has a debt-to-asset ratio of 78.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Walnut Creek Water Company's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +11.7% | -1.8% |
| 2022 | +13.7% | +9.6% | -1.0% |
| 2021 | +88.0% | -12.9% | -1.3% |
| 2020 | -55.6% | +9.4% | -3.9% |
| 2019 | +40.6% | +3.8% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Walnut Creek Water 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 Walnut Creek Water 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 surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 78.0%.
Frequently Asked Questions about Walnut Creek Water Company
Is Walnut Creek Water Company a legitimate charity?
Walnut Creek Water Company (EIN: 346552700) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $415K. No red flags identified. Financial health grade: A.
How does Walnut Creek Water Company spend its money?
Walnut Creek Water Company reported $415K 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 Walnut Creek Water Company tax-deductible?
Walnut Creek Water Company is registered as a tax-exempt nonprofit (EIN: 346552700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Walnut Creek Water Company located?
Walnut Creek Water Company is headquartered in Walnut Creek, Ohio and files with the IRS under EIN 346552700.
How many years of IRS 990 filings does Walnut Creek Water Company have?
Walnut Creek Water 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 $415K in total revenue.
Filing History
IRS 990 filing history for Walnut Creek Water Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Walnut Creek Water Company's revenue has grown by 303.4%, moving from $36K to $146K. Total assets increased by 22.7% over the same period, from $2.1M to $2.6M. Total functional expenses rose by 47.4%, from $98K to $144K. In its most recent filing year (2023), Walnut Creek Water Company reported a surplus of $2K, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $2.6M in assets (debt-to-asset ratio: 78.0%), resulting in net assets of $561K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $146K | $144K | $2.6M | $2.0M | — | — |
| 2022 | $141K | $129K | $2.6M | $2.0M | — | View 990 |
| 2021 | $124K | $118K | $2.6M | $2.1M | — | View 990 |
| 2020 | $66K | $135K | $2.7M | $2.1M | — | View 990 |
| 2019 | $149K | $123K | $2.8M | $2.2M | — | View 990 |
| 2018 | $106K | $119K | $2.8M | $2.2M | — | View 990 |
| 2017 | $118K | $107K | $2.4M | $1.8M | — | View 990 |
| 2016 | $118K | $99K | $1.9M | $1.4M | — | View 990 |
| 2015 | $98K | $92K | $1.9M | $1.4M | — | View 990 |
| 2014 | $88K | $96K | $2.0M | $1.5M | — | View 990 |
| 2013 | $57K | $80K | $2.0M | $1.4M | — | View 990 |
| 2012 | $45K | $81K | $2.0M | $1.4M | — | View 990 |
| 2011 | $36K | $98K | $2.1M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $146K, expenses of $144K, and assets of $2.6M (revenue +3.4% year-over-year).
- 2022: Revenue of $141K, expenses of $129K, and assets of $2.6M (revenue +13.7% year-over-year).
- 2021: Revenue of $124K, expenses of $118K, and assets of $2.6M (revenue +88.0% year-over-year).
- 2020: Revenue of $66K, expenses of $135K, and assets of $2.7M (revenue -55.6% year-over-year).
- 2019: Revenue of $149K, expenses of $123K, and assets of $2.8M (revenue +40.6% year-over-year).
- 2018: Revenue of $106K, expenses of $119K, and assets of $2.8M (revenue -10.4% year-over-year).
- 2017: Revenue of $118K, expenses of $107K, and assets of $2.4M (revenue +0.2% year-over-year).
- 2016: Revenue of $118K, expenses of $99K, and assets of $1.9M (revenue +20.9% year-over-year).
- 2015: Revenue of $98K, expenses of $92K, and assets of $1.9M (revenue +10.8% year-over-year).
- 2014: Revenue of $88K, expenses of $96K, and assets of $2.0M (revenue +54.4% year-over-year).
- 2013: Revenue of $57K, expenses of $80K, and assets of $2.0M (revenue +26.3% year-over-year).
- 2012: Revenue of $45K, expenses of $81K, and assets of $2.0M (revenue +24.6% year-over-year).
- 2011: Revenue of $36K, expenses of $98K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walnut Creek Water Company:
Data Sources and Methodology
This transparency report for Walnut Creek Water 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.