MUDDY CREEK IRRIGATION COMPANY (EIN 870478254) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1964

Principal Officer

MORRIS SORENSEN

Phone

4352862237

Tax Period

2023-01-01 to 2023-12-31

MUDDY CREEK IRRIGATION COMPANY, founded in 1964, is a small nonprofit in the Mutual Benefit sector that reported $545K in total revenue in fiscal year 2023. Revenue fell 86% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $311K, a strong 57% operating margin.

Mission

MUDDY CREEK IRRIGATION COMPANY IS ENGAGED SOLELY IN THE OPERATION AND MAINTENANCE OF AN IRRIGATION WATER DISTRIBUTION SYSTEM FOR HOLDERS OF WATER RIGHTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $300,000

Program Service Revenue $245,000

Investment Income $400

Other Revenue $0

TOTAL REVENUE $545,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $234,036

TOTAL EXPENSES $234,036

Year-over-Year Comparison

	2023	2022	Change
Revenue	$545,400	$3,796,665	-0.9%
Expenses	$234,036	$310,707	-0.2%
Net Income	$311,364	$3,485,958	-0.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
MORRIS SORENSEN	PRESIDENT	N/A	Officer Director	$0	$0	$0
WOODY JOHNSON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
ABBIE CHRISTIANSEN	SECRETARY	N/A	Officer Director	$0	$0	$0
BEN STALEY	WATER MASTER	N/A	Officer Director	$0	$0	$0
KEN CHRISTIANSEN	BOARD MEMBER	N/A	Director	$0	$0	$0
KRIS PAYNE	BOARD MEMBER	N/A	Director	$0	$0	$0
MIKE CHRISTENSEN	BOARD MEMBER	N/A	Director	$0	$0	$0
MISTIE CHRISTIANSEN	BOARD MEMBER	N/A	Director	$0	$0	$0
JIM FAUVER	BOARD MEMBER	N/A	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	$545,400	$234,036	$13,543,433	$311,364
2022	$3,796,665	$310,707	$13,443,468	$3,485,958
2022	$146,286	$218,086	$10,256,393	$-71,800
2021	$1,710,085	$218,086	$11,410,523	$1,491,999
2020	$1,710,085	$218,086	$9,513,243	$1,491,999
2019	$2,975,740	$83,718	$7,417,252	$2,892,022

MUDDY CREEK IRRIGATION COMPANY