Lloyd-butler Mutual Water Company is a 501(c)(12) organization based in Ventura, California, registered in 1992, with $712,762 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$713K
▲ 1.2% vs prior year
Expenses (FY2024)
$711K
Net assets
$471K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Lloyd-butler Mutual Water Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Lloyd-butler Mutual Water Company: 8 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
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 Lloyd-butler Mutual Water Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Lloyd-butler Mutual Water 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.
Revenue grew from $467K (FY2013) to $713K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$691K
Total liabilities
$220K
Net assets
$471K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $712,762▲1.2% | $710,756▲8.7% | $471,230▲0.4% | $690,979▲0.3% | 990 |
| 2023 | $704,625▲3.3% | $654,001▼24.1% | $469,224▲12.1% | $688,973▲7.9% | 990 |
| 2022 | $681,966▼4.8% | $861,212▲35.4% | $418,600▼30.0% | $638,349▼21.9% | 990 |
| 2021 | $716,604▲4.6% | $636,218▼17.2% | $597,846▲15.5% | $817,595▼2.3% | 990 |
| 2020 | $685,325▲8.2% | $768,434▲45.5% | $517,460▼13.8% | $837,209▼17.9% | 990 |
| 2019 | $633,328▲8.3% | $528,163▼3.3% | $600,569▲21.2% | $1,020,318▲0.5% | 990 |
| 2018 | $584,773▼23.7% | $546,010▼6.8% | $495,404▲8.5% | $1,015,153▼5.7% | 990 |
| 2017 | $766,245▲18.1% | $586,108▼3.0% | $456,641▲65.1% | $1,076,390▲7.5% | 990 |
| 2016 | $648,597▲10.0% | $604,125▲0.9% | $276,504▲19.2% | $1,001,506▼5.3% | 990 |
| 2015 | $589,622▲31.0% | $598,973▼6.9% | $232,032▼3.9% | $1,057,034▼7.4% | 990 |
| 2014 | $450,143▼3.6% | $643,383▲33.6% | $241,383▼44.5% | $1,141,385▲7.4% | 990 |
| 2013 | $466,928 | $481,516▲57.4% | $434,623▼3.2% | $1,063,207▲137% | 990 |
| 2012 | — | $305,902 | $449,211 | $449,211 | 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.
Explore more
Data for Lloyd-butler Mutual Water Company (EIN 77-0273199) 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.