Lake Canyon Mutual Water Company
Nonprofit profile at a glance
- EIN
- 941535553
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Los Gatos, CA, USA
- Phone
- 4088347745
- Rating confidence
- Limited
Reported finances
- Revenue
- $173,216
- Expenses
- $182,347
- Assets
- $803,695
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- REBECCA CABRAL (PRESIDENT)
- SAM MONGA (VICE PRESIDENT)
Highest reported compensation
- WILFRED EVERTS (TREASURER/WATER TREATMENT): $35,275 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing water to members who own lots and/or homes in the district. There are approximately 54 hookups to the water supply.
What it reported doing in 2024
Providing water service for the members of the association.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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: 93
- Accountability: 5
- Sustainability: 48
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.3%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 4.41; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 19.3%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.8% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: -1.3% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 0 of 56 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $182K in reported program spending
- Leadership: top reported pay $35K · 6 people listed
- Consistency: 10 of 10 current checks pass
- Schedules: 3 filed schedules · includes grants
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 7 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Operating margin scored 29/100.
- High — Sustainability: Officer compensation ratio scored 20/100.