Florida Consolidated Ditch Co

Not tax-deductible

Durango, COMutual-benefit / member-servingSince 1889EIN 84-0204321

Maintenance and water conservation methods for the irrigation ditch system serving ditch shareholders.

92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $7K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 11.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $26K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$758K
88% of total assets
Concern: liabilities are 88% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
-14% vs prior year
Spent
$856K
To programs
92%
Net assets
$104K
By yearFY2020–FY2025
Revenue
$1.0M
FY2025▼ -14%
Revenue by fiscal year
FY2020$804K
FY2021$674K
FY2022$736K
FY2023$920K
FY2024$1.2M
FY2025$1.0M
Expenses
$856K
FY2025▼ -45%
Expenses by fiscal year
FY2020$620K
FY2021$696K
FY2022$695K
FY2023$943K
FY2024$1.6M
FY2025$856K
Net assets
$104K
FY2025▲ +318%
Net assets by fiscal year
FY2020$365K
FY2021$344K
FY2022$384K
FY2023$328K
FY2024−$48K
FY2025$104K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1952.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $785K Management & general 7% · $63K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Florida Consolidated Ditch Co executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Maintains irrigation ditches to ensure water flow for agriculture.

Provided by the organization

This section is blank until Florida Consolidated Ditch Co claims this page.

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1 program service account for $785K of program spending, described in the organization's own filed words · FY2025.
01

The maintenance of the irrigation ditch system

$785Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$26K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Fees for servicesLn 2g$630K
Gifts and grantsLn 1h$357K
Investment incomeLn 3$20K
Money outPt IX
$856K
Ln 25
Programscol B$785K
Managementcol C$63K
Owns and owesPt X
$104K
net assets · Ln 32
Cash and savingsLn 1–2$789K
Total assetsLn 16$862K
LiabilitiesLn 26$758K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$357K
Government grantsLn 1e$357K
Fees for servicesLn 2g$630K
Investment incomeLn 3$20K
Other incomeLn 4–11$3K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$141K
SavingsLn 2$647K
Cash and savings togetherLn 1–2$789K
Land, buildings, equipmentLn 10c$39K
Other assetsLn 15$34K
Total assetsLn 16$862K
LiabilitiesLn 26$758K
Net assetsLn 32$104K
OperationsPt I, VI
EmployeesI 54
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$628K$789K
Land, buildings, equipmentLn 10c$47K$39K
Total assetsLn 16$702K$862K
LiabilitiesLn 26$750K$758K
Net assetsLn 32−$48K$104K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$161K$161K
Payroll taxesLn 10$59K$59K
Legal feesLn 11b$30K$30K
Accounting feesLn 11c$20K$20K
Other fees for servicesLn 11g$210K$210K$76
Advertising and promotionLn 12$333$333
Office expensesLn 13$10K$10K
Information technologyLn 14$3K$3K
OccupancyLn 16$6K$6K
Conferences, conventions and meetingsLn 19$805$805
InterestLn 20$12K$12K
Depreciation, depletion and amortizationLn 22$8K
InsuranceLn 23$28K$25K$3K
Other expenses (24a–d)Ln 24$308K$308K
Total functional expensesLn 25$856K$785K$63K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.0M$856K$152K$104K 990 PDF
FY2024 $1.2M$1.6M−$376K−$48K 990 PDF
FY2023 $920K$943K−$23K$328K 990 PDF
FY2022 $736K$695K$41K$384K 990 PDF
FY2021 $674K$696K−$22K$344K 990 PDF
FY2020 $804K$620K$184K$365K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $1,008,534 across 7 lines filed
VIII-1e Government grants$356,529
VIII-1h Total contributions, gifts and grants$356,529
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $629,651$629,651
VIII-3 Investment incomeRelated to mission $19,552$19,552
VIII-5 RoyaltiesRelated to mission $994$994
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,808$1,808
VIII-12 Total revenueRelated to mission $652,005 · Unrelated business $0 · Excluded from tax $0$1,008,534
Part IX · Statement of functional expenses $856,478 across 14 lines filed
IX-7 Other salaries and wagesPrograms $161,095$161,095
IX-10 Payroll taxesPrograms $59,153$59,153
IX-11b Legal feesManagement $29,726$29,726
IX-11c Accounting feesManagement $20,200$20,200
IX-11g Other fees for servicesPrograms $210,248 · Management $76$210,324
IX-12 Advertising and promotionPrograms $333$333
IX-13 Office expensesManagement $9,574$9,574
IX-14 Information technologyPrograms $2,668$2,668
IX-16 OccupancyPrograms $6,406$6,406
IX-19 Conferences, conventions and meetingsPrograms $805$805
IX-20 InterestPrograms $12,283$12,283
IX-22 Depreciation, depletion and amortization$8,149
IX-23 InsurancePrograms $24,809 · Management $3,378$28,187
IX-24 Other expenses (24a–d)Programs $307,575$307,575
IX-25 Total functional expensesPrograms $785,375 · Management $62,954 · Fundraising $0$856,478
Part X · Balance sheet $861,803 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $12,146$141,379
X-2 Savings and temporary cash investmentsStart of year $616,163$647,181
X-10c Land, buildings and equipment, netStart of year $47,218$39,069
X-15 Other assetsStart of year $26,717$34,174
X-16 Total assetsStart of year $702,244$861,803
X-17 Accounts payable and accrued expensesStart of year $20$0
X-25 Other liabilitiesStart of year $750,000$757,500
X-26 Total liabilitiesStart of year $750,020$757,500
X-32 Total net assets or fund balancesStart of year −$47,776$104,303
X-33 Total liabilities and net assetsStart of year $702,244$861,803
Part XI · Reconciliation of net assets $104,303 net assets at year end
XI-1 Total revenue$1,008,534
XI-2 Total expenses$856,478
XI-3 Revenue less expenses$152,056
XI-4 Net assets at start of year−$47,776
XI-8 Prior period adjustments$23
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$104,303

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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