Whispering Aspen Water Company Inc
Nonprofit profile at a glance
- EIN
- 831497257
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025
- Location
- Frisco, CO, USA
- Phone
- 7194195819
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Utilities
Reported finances
- Revenue
- $81,068
- Expenses
- $43,007
- Assets
- $196,205
- Liabilities
- $1,618
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JEREMIAH ERICKSON (PRESIDENT)
People named in this filing
- JEREMIAH ERICKSON (PRESIDENT)
- JOHN NEWMAN (TREASURER)
- ZAK RICHARDSON (MEMBER AT LA)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide water to the community we serve.
What it reported doing in 2025
Providing water services and water taps and maintaining the infrastructure for the delivery of water. The water company is the water utility for the lot owners within the spruce hill filing in park county, Colorado.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 82
- Sustainability: 76
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40%; rating input score 40
- Program expense ratio: 77.9%; rating input score 78
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 46.9%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 4.56; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -57.6% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -49.5% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 21.8% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 40% of revenue deployed · 77.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $33K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.