GUNNISON IRRIGATION COMPANY (EIN 870136425) - 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

1939

Legal Domicile

Principal Officer

DANNY BOORE

Phone

4353400325

Tax Period

2023-01-01 to 2023-12-31

GUNNISON IRRIGATION COMPANY, founded in 1939, is a small nonprofit that reported $469K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $404K left a modest 14% surplus.

Mission

MAINTENANCE OF WATER DELIVERY SYSTEMS TO BENEFIT AGRICULTURAL MEMBERS OF TAX-EXEMPT 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 (2023)

Revenue Breakdown

Contributions & Grants $422,053

Program Service Revenue $10,017

Investment Income $24,223

Other Revenue $12,500

TOTAL REVENUE $468,793

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,672

Fundraising Expenses $0

Other Expenses $298,405

TOTAL EXPENSES $404,077

Year-over-Year Comparison

	2023	2022	Change
Revenue	$468,793	$359,776	+0.3%
Expenses	$404,077	$492,013	-0.2%
Net Income	$64,716	$-132,237	-1.5%

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

$4,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DANNY BOORE	TREASURER	Officer	$1,125	$0	$1,125
SCOTT C CHRISTENSEN	BOARD MEMBER		$1,250	$0	$1,250
STANFORD JENSEN	VICE PRESIDE	Officer	$1,250	$0	$1,250
ZACH JENSEN	PRESIDENT	Officer	$1,125	$0	$1,125
DAVID G MADSEN	BOARD MEMBER		$1,125	$0	$1,125
BLAINE NIELSON	BOARD MEMBER		$1,125	$0	$1,125
JUSTIN PICKETT	BOARD MEMBER		$1,250	$0	$1,250
RUSSELL YARDLEY	SECRETARY	Officer	$1,250	$0	$1,250

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	$468,793	$404,077	$619,275	$64,716
2022	$359,776	$492,013	$603,915	$-132,237
2021	$263,188	$276,812	$587,028	$-13,624
2020	$316,891	$279,125	$600,652	$37,766
2019	$328,107	$242,649	$562,886	$85,458
2018	$366,021	$583,750	$477,428	$-217,729

GUNNISON IRRIGATION COMPANY