Divide Canal & Reservoir Company
501(c)(12)
Only null% goes to programs Strong reserves
Divide Canal & Reservoir Company is a 501(c)(12) organization based in Eaton, Colorado, registered in 1956, with $247,014 in FY2024 revenue. CharityIndex grades it C+.
106 Elm Ave, Eaton, CO, 80615 EIN 84-0190122 Since 1956
Revenue (FY2024)
$247K
▼ 8.6% vs prior year
Expenses (FY2024)
$135K
Net assets
$3.6M
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 Divide Canal & Reservoir Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating320 mo reserves · +45% 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 Divide Canal & Reservoir Company: 320 mo reserves · +45% margin earns a B+ 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 Divide Canal & Reservoir Company— 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 Divide Canal & Reservoir Company: 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
Financial trends
Revenue grew from $177K (FY2013) to $247K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $37KNet assets $3.6M
Operating margin
45.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$37K
Net assets
$3.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $247,014▼8.6% | $135,012▲0.3% | $3,599,410▲3.2% | $3,636,387▲2.1% | 990 |
| 2023 | $270,279▲34.8% | $134,633▲7.6% | $3,487,408▲4.0% | $3,559,941▲2.9% | 990 |
| 2022 | $200,447▼14.7% | $125,079▼21.0% | $3,351,762▲2.3% | $3,458,483▲1.2% | 990 |
| 2021 | $234,969▲13.4% | $158,328▲40.5% | $3,276,394▲2.4% | $3,415,989▲1.3% | 990 |
| 2020 | $207,194▼8.6% | $112,688▼14.4% | $3,199,753▲3.0% | $3,371,418▲2.0% | 990 |
| 2019 | $226,772▲49.5% | $131,609▲8.8% | $3,105,247▲3.2% | $3,306,844▲2.0% | 990 |
| 2018 | $151,642▼5.6% | $120,960▲11.5% | $3,010,084▲1.0% | $3,240,905▲0.1% | 990 |
| 2017 | $160,568▼13.0% | $108,436▼24.2% | $2,979,402▲1.8% | $3,238,323▲0.8% | 990 |
| 2016 | $184,460▲12.7% | $143,050▼19.0% | $2,927,270▲2.9% | $3,213,210▲1.0% | 990 |
| 2014 | $163,669▼7.7% | $176,528▲18.3% | $2,845,705▼11.2% | $3,182,606▼10.8% | 990 |
| 2013 | $177,298 | $149,255▲3.4% | $3,206,158▲0.9% | $3,567,080▲0.1% | 990 |
| 2012 | — | $144,359▼1.0% | $3,178,115▼0.1% | $3,562,133▼0.7% | 990 |
| 2011 | — | $145,845 | $3,182,366▼0.1% | $3,588,592▼0.6% | 990 |
| 2010 | — | $145,835 | $3,184,192 | $3,611,772 | 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 Divide Canal & Reservoir Company a legitimate nonprofit?
- Yes. Divide Canal & Reservoir Company is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 84-0190122, based in Eaton, Colorado.
- What is Divide Canal & Reservoir Company's EIN?
- Divide Canal & Reservoir Company's Employer Identification Number (EIN) is 84-0190122.
- How much revenue does Divide Canal & Reservoir Company report?
- Divide Canal & Reservoir Company reported $247,014 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Divide Canal & Reservoir Company have?
- CharityIndex grades Divide Canal & Reservoir Company C+, based on financial health (reserves and operating margin).
More nonprofits in Eaton
Explore more
Data for Divide Canal & Reservoir Company (EIN 84-0190122) 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.