THE BONUS DITCH COMPANY

EIN: 741896530

LONGMONT, CO

Total Revenue
$35,666
Total Expenses
$53,303
Total Assets
$468,995
Net Assets
$-121,362
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In

Financial Trends

Organization Details

Formation Year
1908
Legal Domicile
CO
Principal Officer
ROB ALEXANDER
Phone
3037020708
Tax Period
2022-03-01 to 2023-02-28

THE BONUS DITCH COMPANY is a tax-exempt nonprofit with EIN 741896530, based in LONGMONT, CO. Founded in 1908, the organization files IRS Form 990 and reported its most recent data for fiscal year 2022. In that period, it reported $35,666 in total revenue and $53,303 in total expenses, with net assets of $-121,362.

Mission

MUTUAL DITCH AND IRRIGATION TO PROVIDE WATER TO FARMERS AND RANCHERS IN NORTHERN COLORADO.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $25,050
Program Service Revenue $10,600
Investment Income $16
Other Revenue $0
TOTAL REVENUE $35,666

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,440
Fundraising Expenses $0
Program Expenses $43,711
Other Expenses $46,863
TOTAL EXPENSES $53,303

Year-over-Year Comparison

2022 2021 Change
Revenue $35,666 $640,898 -0.9%
Expenses $53,303 $97,484 -0.5%
Net Income $-17,637 $543,414 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
5

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$990
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROB ALEXANDER PRESIDENT 0.25
Officer Director
$0 $0 $0
JASON ELKINS VICE PRESIDENT 0.25
Officer Director
$0 $0 $0
DANIELLE CASSIDY BOARD MEMBER 0.25
Director
$0 $0 $0
ROBIN ENGEN SECRETARY/TREASURER 1.00
Officer
$990 $0 $990
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $35,666 $53,303 $468,995 $-17,637
2022 $640,898 $97,484 $974,103 $543,414
2021 $447,084 $89,674 $430,689 $357,410
Explore More Nonprofits
→Top 100 Nonprofits in Colorado →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE BONUS DITCH COMPANY with other nonprofits in Colorado and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.