Richmond Irrigation & Power Company
501(c)(12)Membership
Only null% goes to programs Strong reserves Growing revenue
Richmond Irrigation & Power Company is a 501(c)(12) organization based in Richmond, Utah, registered in 2019, with $419,625 in FY2024 revenue. CharityIndex grades it F.
Po Box 156, Richmond, UT, 84333 EIN 83-2666927 Since 2019
Revenue (FY2024)
$420K
▲ 28.7% vs prior year
Membership median: $185K
Expenses (FY2024)
$649K
Net assets
$474K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Richmond Irrigation & Power Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating9 mo reserves · -55% 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 Richmond Irrigation & Power Company: 9 mo reserves · -55% margin earns a F 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 Richmond Irrigation & Power 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 Richmond Irrigation & Power 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
- Address
- Po Box 156, Richmond, UT, 84333
- City
- Richmond
- State
- Utah
- Category
- Mutual & Membership Benefit
- Subcategory
- Insurance Providers
Financial trends
Revenue grew from $305K (FY2019) to $420K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.9MNet assets $474K
Operating margin
-54.6%
Spent more than it raised in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$3.9M
Net assets
$474K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $419,625▲28.7% | $648,617▲17.2% | $474,447▼32.6% | $4,327,441▼8.2% | 990 |
| 2023 | $326,069▼13.1% | $553,215▲5.0% | $703,439▼24.4% | $4,711,755▼7.3% | 990 |
| 2022 | $375,070▲25.6% | $527,039▼1.1% | $930,585▼14.0% | $5,082,153▼5.6% | 990 |
| 2021 | $298,527▼16.7% | $532,657 | $1,082,554▼17.8% | $5,381,853▼6.0% | 990 |
| 2020 | $358,467▲17.5% | $532,880▲0.6% | $1,316,684▼11.7% | $5,726,438▼5.2% | 990 |
| 2019 | $305,038 | $529,603 | $1,491,097 | $6,038,461 | 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.
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Compare Richmond Irrigation & Power Company
Frequently asked questions
- Is Richmond Irrigation & Power Company a legitimate nonprofit?
- Yes. Richmond Irrigation & Power Company is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 83-2666927, based in Richmond, Utah.
- What is Richmond Irrigation & Power Company's EIN?
- Richmond Irrigation & Power Company's Employer Identification Number (EIN) is 83-2666927.
- How much revenue does Richmond Irrigation & Power Company report?
- Richmond Irrigation & Power Company reported $419,625 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richmond Irrigation & Power Company have?
- CharityIndex grades Richmond Irrigation & Power Company F, based on financial health (reserves and operating margin).
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Data for Richmond Irrigation & Power Company (EIN 83-2666927) 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.