Provo Bench Canal and Irrigation Company

EIN: 870228073

Orem, UT

Total Revenue
$321,692
Total Expenses
$267,140
Total Assets
$1,291,893
Net Assets
$1,218,831
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1887
Legal Domicile
UT
Principal Officer
Juan Garrido
Phone
8012256746
Tax Period
2025-01-01 to 2025-12-31

Provo Bench Canal and Irrigation Company, founded in 1887, is a small nonprofit that reported $322K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $55K, a strong 17% operating margin.

Mission

The Company is responsible for the delivery of irrigation water to its shareholders. The Company is also responsible for the maintenance of the canals used for irrigation water delivery by assessing its shareholders the anticipated costs of its operations and maintenance.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $312,417
Investment Income $9,275
Other Revenue $0
TOTAL REVENUE $321,692

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,067
Fundraising Expenses $0
Other Expenses $220,073
TOTAL EXPENSES $267,140

Year-over-Year Comparison

2025 2024 Change
Revenue $321,692 $340,475 -0.1%
Expenses $267,140 $254,217 +0.1%
Net Income $54,552 $86,258 -0.4%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
7
Independent Members
6
Employees
2
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
$19,000
Total Directors
7
$1,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Van Broderick Board Member 1.00
Director
$0 $0 $0
Juan Garrido President 1.00
Officer Director
$1,000 $0 $1,000
Chris Tschirki Board Member 5.00
Director
$0 $0 $0
Reed Price Vice President 1.00
Director
$0 $0 $0
Greg Ferguson Board Member 1.00
Director
$0 $0 $0
Steve Heaps Board Member 1.00
Director
$0 $0 $0
Rick Maloy Board Member 1.00
Director
$0 $0 $0
Tamara Shafer Secretary 5.00
Officer
$18,000 $0 $18,000
Jaden Shafer Treasurer 5.00
Officer
$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 $321,692 $267,140 $1,291,893 $54,552
2024 $340,475 $254,217 $1,240,695 $86,258
2023 $339,838 $358,433 $1,151,083 $-18,595
2022 $323,141 $218,535 $1,180,463 $104,606
2021 $290,800 $229,535 $1,065,829 $61,265
2020 $274,878 $160,250 $1,004,431 $114,628
2019 $192,881 $147,050 $889,574 $45,831
2018 $149,524 $134,429 $844,079 $15,095
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