Farmers Coop Canal Co

Nonprofit profile at a glance

EIN
810345042
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Choteau, MT, USA
Phone
4064663860
Rating confidence
Limited

Reported finances

Revenue
$45,000
Expenses
$34,970
Assets
$29,097

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • MARLIN STYREN (PRESIDENT)
  • BARNEY BOUMA (VICE PRESIDENT)

People named in this filing

  • MARLIN STYREN (PRESIDENT)
  • BARNEY BOUMA (VICE PRESIDENT)
  • EMILY BOUMA (SEC/TREASURE)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Farmers Co-op Canal Company is a 501(c) Corporation. The primary purpose of this Corporation is to supply water for irrigation of crops to its stock holders. Each stock holder owns his/her own share (or multiple shares) and is allotted an equal amount of acre feet per share. This amount can be different each year. This amount is determined

What it reported doing in 2024

The company assesses a charge per share to the stock holders to be able to pay itsbills. This is not a profit making company. The assessments are made in an amount thatis needed to meet the debts and to pay the wages of a ditch rider.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 54
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 22.3%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -13.3% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.