Zig Zag Water Cooperative
EIN: 943157764 · Welches, OR
| Metric | Value |
|---|---|
| Total Revenue | $26K |
| Total Expenses | $21K |
| Net Assets | $229K |
Is Zig Zag Water Cooperative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Zig Zag Water Cooperative
Zig Zag Water Cooperative (EIN: 943157764) is a nonprofit organization based in Welches, OR. The organization reported total revenue of $26K and total assets of $232K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zig Zag Water Cooperative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zig Zag Water Cooperative is a micro nonprofit that has been operating for 34 years, with 8 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $21K |
| Surplus / Deficit | +$5K |
| Total Assets | $232K |
| Total Liabilities | $3K |
| Net Assets | $229K |
| Operating Margin | 20.3% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 135.5 months |
Financial Health Grade: A
In 2023, Zig Zag Water Cooperative reported a surplus of $5K with revenue exceeding expenses, holds 135.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 8 years of filings (2015–2023), Zig Zag Water Cooperative's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.5% | +38.1% | +3.3% |
| 2022 | +19.1% | -9.2% | +2.5% |
| 2020 | -1.7% | -31.7% | +3.6% |
| 2019 | -4.4% | +30.8% | -0.1% |
| 2018 | -1.2% | -12.5% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Zig Zag Water Cooperative 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 Zig Zag Water Cooperative 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Zig Zag Water Cooperative
Is Zig Zag Water Cooperative a legitimate charity?
Based on AI analysis of IRS 990 filings, Zig Zag Water Cooperative (EIN: 943157764) insufficient data. 0 red flags identified, 0 strengths noted.
How does Zig Zag Water Cooperative spend its money?
Detailed spending breakdown data is not yet available for Zig Zag Water Cooperative. Check back for updated IRS 990 analysis.
Are donations to Zig Zag Water Cooperative tax-deductible?
Zig Zag Water Cooperative is registered as a tax-exempt nonprofit (EIN: 943157764). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Zig Zag Water Cooperative located?
Zig Zag Water Cooperative is headquartered in Welches, Oregon and files with the IRS under EIN 943157764.
How many years of IRS 990 filings does Zig Zag Water Cooperative have?
Zig Zag Water Cooperative has 8 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 $26K in total revenue.
Filing History
IRS 990 filing history for Zig Zag Water Cooperative showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2023), Zig Zag Water Cooperative's revenue has grown by 38%, moving from $19K to $26K. Total assets increased by 16.1% over the same period, from $200K to $232K. Total functional expenses rose by 65.2%, from $12K to $21K. In its most recent filing year (2023), Zig Zag Water Cooperative reported a surplus of $5K, with revenue exceeding expenses. The organization holds $3K in liabilities against $232K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $229K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $21K | $232K | $3K | — | View 990 |
| 2022 | $28K | $15K | $225K | $679 | — | — |
| 2020 | $23K | $16K | $219K | $488 | — | — |
| 2019 | $24K | $24K | $212K | $0 | — | — |
| 2018 | $25K | $18K | $212K | $0 | — | View 990 |
| 2017 | $25K | $21K | $206K | $927 | — | — |
| 2016 | $19K | $18K | $201K | $338 | — | — |
| 2015 | $19K | $12K | $200K | $200 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $21K, and assets of $232K (revenue -7.5% year-over-year).
- 2022: Revenue of $28K, expenses of $15K, and assets of $225K (revenue +19.1% year-over-year).
- 2020: Revenue of $23K, expenses of $16K, and assets of $219K (revenue -1.7% year-over-year).
- 2019: Revenue of $24K, expenses of $24K, and assets of $212K (revenue -4.4% year-over-year).
- 2018: Revenue of $25K, expenses of $18K, and assets of $212K (revenue -1.2% year-over-year).
- 2017: Revenue of $25K, expenses of $21K, and assets of $206K (revenue +34.5% year-over-year).
- 2016: Revenue of $19K, expenses of $18K, and assets of $201K (revenue +0.3% year-over-year).
- 2015: Revenue of $19K, expenses of $12K, and assets of $200K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zig Zag Water Cooperative:
Data Sources and Methodology
This transparency report for Zig Zag Water Cooperative 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.