Mapleton Irrigation Company EIN 87-0232279 Form 990 (PDF) Claim this org

Mapleton Irrigation Company FY2020 filing

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Develops, diverts, stores, and distributes water for domestic and irrigation use. For fiscal year 2020 it reported $649K in revenue, $292K in expenses, and $1.1M in net assets.Pt I

Type
Mutual-benefit / member-serving · Mutual/Membership
Location
Springville, UT
Filings
5 on file (2020–2020)
Revenue
$649KFY2020
Expenses
$292K
Net assets
$1.1M
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  87-0232279 Mutual-benefit / member-serving Springville, UT
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Develops, diverts, stores, and distributes water for domestic and irrigation use.
Leadership
Riley Snow · Attorney · $23K
Money in and out
$649K revenue, $292K expenses
Bottom line
+55% surplus margin
Reported financial activity · FY2020
Total revenue
$649K
Pt VIII · Ln 12
Total expenses
$292K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $357K
Where spending went · Part IX cols B–D
Program services $1.00
Surplus margin
+55%
revenue over expenses, this year
Program spending
100%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$649K
FY2020
Expenses
$292K
FY2020
Total assets
$2.1M
FY2020
Total liabilities
$1.0M
FY2020
Total revenue
$649K
Pt VIII · Ln 12
Total expenses
$292K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$357K
Total assetsPt X · Ln 16$2.1M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

The organization receives financial support, beginning with the largest source, for the present and foreseeable future is as follows: percent annual shareholder dues & fees: 97.00 other income(including interest income): 3.00

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMapleton Irrigation Company
EINHdr · item D87-0232279
Principal addressHdr · item CSpringville, UT
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(12) · active
NTEE classificationIRS BMFMutual/Membership (Y22)
Ruling yearIRS BMFJul 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Attorney
$23,400Pt VII · Sec A
Board Member
$1,200Pt VII · Sec A
Board Member
$1,200Pt VII · Sec A
Board Member
$1,200Pt VII · Sec A
Board Member
$1,200Pt VII · Sec A
President
$1,200Pt VII · Sec A

Riley Snow’s $2K as Attorney is at the 17th percentile of top reported officer pay among 536 $100K–1M mutual/membership nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Riley Snow$1,860$11,400$8,400$27,485$23,400
Hal Black$1,200$1,200
David Fuller$1,200$1,200
Scott Jeffers$1,200$1,200$1,200$1,200$1,200
Ron Jensen$1,200$1,200
Rolf Walpole$1,200$1,200$1,200$1,200$1,200
Michael Miner$1,200$1,200$1,200$1,200$1,200
Collin Allan$1,200$1,200$1,200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$613K · 94%
Other revenue$32K · 5%
Investment income$5K · 1%
Contributions & grants94%$613K
Other revenue5%$32K
Investment income1%$5K
— government grantsLn 1e$287K
Total revenueLn 12$649K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$292K
Total functional expensesLn 25$292K

Balance Sheet

Part X · end of year
CashLn 1$486K
Total assetsLn 16$2.1M
Total liabilitiesLn 26$1.0M
Total net assetsLn 32$1.1M
Months of cash on handcomputed20.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $486K · Operating expenses/yr $292K
20.0 months
Where the money goes
Program services
Program services $292K · Total expenses $292K
100%
Management & General
Management & general $0 · Total expenses $292K
0%
Fundraising
Fundraising $0 · Total expenses $292K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $326K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $613K · Total revenue $649K
94%
Government reliance
Government grants $287K · Total revenue $649K
44%
Earned-income share
Program service revenue $0 · Total revenue $649K
0%
Investment reliance
Investment income $5K · Total revenue $649K
+0.7%
Program self-sufficiency
Program service revenue $0 · Total expenses $292K
0%
Growth & trend
Revenue growth (YoY)
This year $649K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $649K · Expenses $292K
+55%
Liabilities-to-Assets
Total liabilities — · Total assets $2.1M
Net-asset ratio
Net assets $1.1M · Total assets $2.1M
52%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Riley Snow · Reported title ATTORNEY · Highest reported compensation $23K · Total expenses $292K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $140K · Total expenses $292K
48%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$511K revenue · ⤓ 990 PDF
FY2023$503K revenue · ⤓ 990 PDF
FY2022$578K revenue · ⤓ 990 PDF
FY2021$814K revenue · ⤓ 990 PDF
FY2020$649K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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