Carmel Riviera Mutual Water Co A Corp
501(c)(12)
Only null% goes to programs Strong reserves
Carmel Riviera Mutual Water Co A Corp is a 501(c)(12) organization based in Carmel, California, registered in 1979, with $492,262 in FY2023 revenue. CharityIndex grades it C.
Po Box 22288, Carmel, CA, 93922 EIN 94-1591020 Since 1979
Revenue (FY2023)
$492K
▼ 20.4% vs prior year
Expenses (FY2023)
$545K
Net assets
$1.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Carmel Riviera Mutual Water Co A Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating33 mo reserves · -11% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carmel Riviera Mutual Water Co A Corp: 33 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Carmel Riviera Mutual Water Co A Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carmel Riviera Mutual Water Co A Corp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 22288, Carmel, CA, 93922
- City
- Carmel
- State
- California
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $425K (FY2013) to $492K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $285KNet assets $1.5M
Operating margin
-10.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$285K
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $492,262▼20.4% | $545,084▲3.5% | $1,492,139▼3.4% | $1,776,669▼5.7% | 990 |
| 2022 | $618,740▲4.6% | $526,751▲22.2% | $1,544,961▲6.3% | $1,884,855▲2.1% | 990 |
| 2021 | $591,266▲12.0% | $430,968▼7.9% | $1,452,972▲12.4% | $1,846,174▲6.3% | 990 |
| 2020 | $527,779▲11.4% | $468,143▲5.8% | $1,292,674▲4.8% | $1,737,189▲0.6% | 990 |
| 2019 | $473,829▼10.7% | $442,632▲20.0% | $1,233,038▲2.6% | $1,726,785▼3.8% | 990 |
| 2018 | $530,880▲23.5% | $368,719▲2.6% | $1,201,841▲15.6% | $1,795,032▲4.4% | 990 |
| 2017 | $429,691▲9.3% | $359,317▲1.3% | $1,039,680▲7.3% | $1,719,797▲4.1% | 990 |
| 2016 | $392,968▼21.0% | $354,597▼20.7% | $969,306▲4.1% | $1,652,655▼0.3% | 990 |
| 2015 | $497,403▼2.5% | $447,283▲13.4% | $930,935▲5.7% | $1,657,387▲0.3% | 990 |
| 2014 | $510,244▲19.9% | $394,599▲12.7% | $880,815▲15.1% | $1,652,693▲3.1% | 990 |
| 2013 | $425,486 | $350,268▼4.7% | $765,170▲10.2% | $1,602,836▲1.6% | 990 |
| 2012 | — | $367,454▲0.7% | $694,456▲5.7% | $1,578,144▼1.6% | 990 |
| 2011 | — | $364,875▲6.3% | $656,928▼10.5% | $1,603,528▼2.7% | 990 |
| 2010 | — | $343,196 | $733,823 | $1,648,049 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Carmel Riviera Mutual Water Co A Corp a legitimate nonprofit?
- Yes. Carmel Riviera Mutual Water Co A Corp is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 94-1591020, based in Carmel, California.
- What is Carmel Riviera Mutual Water Co A Corp's EIN?
- Carmel Riviera Mutual Water Co A Corp's Employer Identification Number (EIN) is 94-1591020.
- How much revenue does Carmel Riviera Mutual Water Co A Corp report?
- Carmel Riviera Mutual Water Co A Corp reported $492,262 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Carmel Riviera Mutual Water Co A Corp have?
- CharityIndex grades Carmel Riviera Mutual Water Co A Corp C, based on financial health (reserves and operating margin).
More nonprofits in Carmel
Explore more
Data for Carmel Riviera Mutual Water Co A Corp (EIN 94-1591020) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.