Silver Springs Mutual Water Co

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

8 people listed

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Distribution of water as a municipal water service in silver springs, Nevada.

The distribution of water serving the users in silver springs, nv and surrounding area.

Revenue model: Earned-program. 74% 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 available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 24.2%; rating input score 77; 77th percentile among comparable filings
Total-asset coverage ratio: 8.5; rating input score 90; 90th percentile among comparable filings
Liabilities to assets ratio: 0.15; rating input score 29; 29th percentile among comparable filings
Officer compensation ratio: 8.1%; rating input score 43; 43rd percentile among comparable filings

Program expense growth: Limited
Revenue growth: 14.9% per year; rating input score 100; 74th percentile among comparable filings
Asset growth: 6.3% per year; rating input score 100; 41st percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 8 of 8 board members independent · 7 of 8 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $122K · 8 people listed
Consistency: 13 of 13 current checks pass
Schedules: 3 filed schedules · includes major donors
Filing history: 8 filing years from 2018 to 2025
Contacts: How to reach this organization
Money network: 1 filed money-flow record
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.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

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

Review — Accountability: Governance controls: Other executive compensation review process not reported.
High — Sustainability: Liabilities to assets ratio scored 29/100.
Moderate — Sustainability: Officer compensation ratio scored 43/100.