Monterey Dunes Colony Mutual Water Assoc
Nonprofit profile at a glance
- EIN
- 942538792
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Moss Landing, CA, USA
- Phone
- 8316334000
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $83,680
- Expenses
- $83,331
- Assets
- $367,819
- Liabilities
- $321,326
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- TODD DAVIS (Vice President)
- BILL MCGOWAN (President)
People named in this filing
- RICK CROWLEY (Treasurer)
- ALLEN RUDOLPH (Director)
- CHARLES FLINT (Secretary)
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
Operation of the mutual water company, exempt under 501(c)12
What it reported doing in 2024
This is a non-profit 501(c)12 organization exempt for the purposes of providing water for domestic and fire fighting use for the 120 residential units of the monterey dunes colony association, a homeowner association, located in castroville, California
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.6%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.4%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 4.41; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.87; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 8% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 99.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $83K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.