BASIN LAND IRRIGATION COMPANY (EIN 820310534) - 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

1974

Legal Domicile

Principal Officer

ANDREW CASTAGNETO

Phone

2084669264

Tax Period

2024-01-01 to 2024-12-31

BASIN LAND IRRIGATION COMPANY, founded in 1974, is a small nonprofit that reported $872K in total revenue in fiscal year 2024.

Mission

IRRIGATION WATER IS PROVIDED TO SIX MEMBERS AT COST. MEMBERS ARE BILLED BASED ON POWER CONSUMPTION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $871,676

Investment Income $0

Other Revenue $0

TOTAL REVENUE $871,676

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $867,530

Other Expenses $867,530

TOTAL EXPENSES $867,530

Year-over-Year Comparison

	2024	2023	Change
Revenue	$871,676	$851,148	+0.0%
Expenses	$867,530	$853,727	+0.0%
Net Income	$4,146	$-2,579	-2.6%

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

N/A

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
ANDREW CASTAGNETO	PRESIDENT	N/A	Officer Director	$0	$0	$0
PETER CASTAGNETO	DIRECTOR	N/A	Director	$0	$0	$0
TRAVIS CHRISTENSEN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MATTHEW CLEMENTS	DIRECTOR	N/A	Director	$0	$0	$0
DAVID PALFREYMAN	DIRECTOR	N/A	Director	$0	$0	$0
RYAN VANDER STELT	SECRETARY	N/A	Officer 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	$871,676	$867,530	$21,403	$4,146
2023	$851,148	$853,727	$16,129	$-2,579
2022	$773,322	$779,887	$19,491	$-6,565
2021	$770,851	$728,639	$87,614	$42,212
2020	$705,978	$720,226	$57,246	$-14,248
2019	$674,704	$675,185	$51,253	$-481
2018	$789,941	$808,643	$161,006	$-18,702

BASIN LAND IRRIGATION COMPANY