Black Bear Reserve Irrigation Corp

Nonprofit profile at a glance

EIN
452428264
IRS 990-EZ coverage
2016–2016
Forms available
Form 990 2015, Form 990-EZ 2016
Location
Mount Dora, FL, USA
Phone
3219474300
Rating
41
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$129,876
Expenses
$14,125
Assets
$130,712
Liabilities
$39,082

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • TIM DONIHI (President)
  • MIKE MORELLI (Vice President)

People named in this filing

  • TIM DONIHI (President)
  • MIKE MORELLI (Vice President)
  • RAY BABCOCK (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Properly read, bill and record irrigation meters.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 6
  • Transparency & Controls: 82
  • Sustainability: 86
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1.5%; rating input score 1
  • Program expense ratio: 13.6%; rating input score 14

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 89.1%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 9.25; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -17.7% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 51.1% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 1.5% of revenue deployed · 13.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 1/100.
  • High — Financial Efficiency: Program expense ratio scored 14/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.