DIVIDE CANAL & RESERVOIR COMPANY (EIN 840190122) - 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

1904

Principal Officer

KIMBERLY D NELSON

Phone

9704543377

Tax Period

2024-01-01 to 2024-12-31

DIVIDE CANAL & RESERVOIR COMPANY, founded in 1904, is a small nonprofit that reported $247K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $112K, a strong 45% operating margin.

Mission

MUTUAL IRRIGATION COMPANY

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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 $240,100

Investment Income $5,034

Other Revenue $1,880

TOTAL REVENUE $247,014

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,853

Fundraising Expenses $0

Other Expenses $75,159

TOTAL EXPENSES $135,012

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,014	$270,279	-0.1%
Expenses	$135,012	$134,633	+0.0%
Net Income	$112,002	$135,646	-0.2%

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

$3,600

Total Directors

$3,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DALE LEACH	PRESIDENT	0.10	Officer Director	$0	$0	$0
GARY BOOTH	VICE PRESIDE	0.10	Officer Director	$0	$0	$0
KIMBERLY D NELSON	SECRETARY	5.00	Officer Director	$3,600	$0	$3,600
CHRIS PLETCHER	DIRECTOR	0.10	Director	$0	$0	$0
AMANDA PROCTER	DIRECTOR	0.10	Director	$0	$0	$0
MARK BOOTH	DIRECTOR	0.10	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
2025	No data	No data	No data	No data
2024	$247,014	$135,012	$3,636,387	$112,002
2023	$270,279	$134,633	$3,559,941	$135,646
2022	$200,447	$125,079	$3,458,483	$75,368
2021	$234,969	$158,328	$3,415,989	$76,641
2020	$207,194	$112,688	$3,371,418	$94,506
2019	$226,772	$131,609	$3,306,844	$95,163
2018	$151,642	$120,960	$3,240,905	$30,682

DIVIDE CANAL & RESERVOIR COMPANY