FARMERS' CO-OPERATIVE DITCH COMPANY (EIN 820117915) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1902

Legal Domicile

Principal Officer

ROD NIELSEN

Phone

2087222010

Tax Period

2023-01-01 to 2023-12-31

FARMERS' CO-OPERATIVE DITCH COMPANY, founded in 1902, is a small nonprofit that reported $626K in total revenue in fiscal year 2023. Expenses of $586K left a modest 6% surplus.

Mission

TO MAINTAIN AND OPERATE THE CANAL SYSTEM IN ORDER TO DELIVER IRRIGATION WATER TO THE RESPECTIVE SHAREHOLDERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $589,115

Investment Income $17,588

Other Revenue $19,686

TOTAL REVENUE $626,389

Expense Breakdown

Grants Paid $0

Salaries & Benefits $236,796

Fundraising Expenses $0

Other Expenses $349,038

TOTAL EXPENSES $585,834

Year-over-Year Comparison

	2023	2022	Change
Revenue	$626,389	$608,230	+0.0%
Expenses	$585,834	$587,204	0.0%
Net Income	$40,555	$21,026	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROD NIELSEN	PRESIDENT	0.50	Officer Director	$0	$0	$0
BILL HARTMAN	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
KEVIN MIYASAKO	DIRECTOR	0.50	Director	$0	$0	$0
TOM JOHNSTON	TREASURER	0.50	Officer Director	$0	$0	$0
MIKE NICHOLS	DIRECTOR	0.50	Director	$0	$0	$0
MIKE SKOGSBERG	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL JEMMETT	DIRECTOR	0.50	Director	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$626,389	$585,834	$2,627,441	$40,555
2022	$608,230	$587,204	$2,596,623	$21,026
2021	$573,876	$538,286	$2,529,323	$35,590
2020	$579,577	$534,559	$2,487,813	$45,018
2019	$639,641	$503,323	$2,442,168	$136,318
2018	$818,786	$813,249	$2,315,722	$5,537

FARMERS' CO-OPERATIVE DITCH COMPANY