NACHES & COWICHE CANAL COMPANY NACHES & COWICHE CANAL COMPANY

EIN: 910331190

YAKIMA, WA

Total Revenue
$524,180
Total Expenses
$457,739
Total Assets
$775,222
Net Assets
$763,035
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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

Legal Domicile
WA
Principal Officer
DAVID L GARRETSON
Tax Period
2020-01-01 to 2020-12-31

NACHES & COWICHE CANAL COMPANY NACHES & COWICHE CANAL COMPANY is a small nonprofit that reported $524K in total revenue in fiscal year 2020. Expenses of $458K left a modest 13% surplus.

Mission

TO PROVIDE WATER FOR IRRIGATION

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $504,499
Investment Income $114
Other Revenue $19,567
TOTAL REVENUE $524,180

Expense Breakdown

Grants Paid $0
Salaries & Benefits $313,827
Fundraising Expenses $0
Other Expenses $143,912
TOTAL EXPENSES $457,739

Year-over-Year Comparison

2020 2019 Change
Revenue $524,180 $495,945 +0.1%
Expenses $457,739 $658,583 -0.3%
Net Income $66,441 $-162,638 -1.4%
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

Financial Distress Indicator

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
7
Employees
14
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
1
$5,100
Total Directors
7
$5,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID GARRETSO PRESIDENT 1
Officer Director
$5,100 $0 $5,100
JEFF KNUTSON BOARD MEMBER 1
Director
$50 $0 $50
RICHARD ALDERS BOARD MEMBER 1
Director
$150 $0 $150
PHIL JOHNSON BOARD MEMBER 1
Director
$50 $0 $50
DAVE BROWN BOARD MEMBER 1
Director
$150 $0 $150
DAVE PURCELL BOARD MEMBER 1
Director
$150 $0 $150
CHUCK HINKLEY BOARD MEMBER 1
Director
$50 $0 $50
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
2020 $524,180 $457,739 $775,222 $66,441
2019 $495,945 $658,583 $749,677 $-162,638
2018 $468,677 $423,925 $476,881 $44,752
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