Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Minatare Mutual Canal & Irrigating Co
EIN 47-6034569 • 501(c)3 • Minatare, NE
Profile
The organization mission is to provide maintenance services to members keep the canal in good condition and to supply water for irrigation.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
2.13x
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
36th percentile
Higher net margin than 36% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
79th percentile
Faster revenue growth than 79% of similar nonprofits.
Balance Sheet
Assets
Down$8,450
Down $16,667 (-66%) from 2023
Liabilities
Down$18,000
Down $12,000 (-40%) from 2023
Net Assets
Down-$9,550
Down $4,667 (-96%) from 2023
Revenue
Up$138,933
Up $23,222 (+20%) from 2023
Expenses
Up$143,600
Up $62,180 (+76%) from 2023
Net Income
Down-$4,667
Down $38,958 (-114%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $8,450
- Liabilities
- $18,000
- Net assets
- -$9,550
- Revenue
- $138,933
- Expenses
- $143,600
- Net income
- -$4,667
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 14, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $138,933
Mission and Program Overview
Mission
The organizations mission is to provide maintenance to the laterals and canal and supply irrigation water.
The organizations mission is to provide maintenance service to the members. Keeps the canal in good condition and to supply water for irrigation.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE IRRIGATION AND MAINTENANCE SERVICE TO MEMBERS | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GARY LOFING | President | - | $0 | - | - |
| PERRY MEYERS | Vice Preside | - | $0 | - | - |
| VAL BAKER | Secretary | - | $0 | - | - |
| TOM SCHWARTZ | Director | - | $0 | - | - |
| JESSIE THELANDER | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Minatare Mutual Canal & Irrigation
- EIN
- 47-6034569
- Phone
- 3087832404
- Address
- 120464 STONEGATE ROAD, MINATARE, NE 69356
Signing Officer
- Name
- Gary Lofing
- Title
- President
- Phone
- 3087832404
- Signed
- 2025-05-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Dana F Cole & Company Llp
- Address
- PO BOX 2009, SCOTTSBLUFF, NE 69363
- Preparer
- Michael Scow
- Phone
- 3086324400
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses 884 4,951 taxes 4,597 fuel 6,704 other expenses 595 repairs 87,231 supplies 683 chemicals 157 memberships & dues 435 total 106,237”
Form 990-ez, Part II, Line 24
“27,480 27,480 less accumulated depreciation 19,841 19,841 total 7,639 7,639”
Form 990-ez, Part II, Line 26
“Unsecured notes and loans payable 30,000 18,000”
Form 990-ez, Part III
“The organizations mission is to provide maintenance service to the members. Keeps the canal in good condition and to supply water for irrigation.”
Form 990-ez, Part IV
“The organization did not receive during the year an funds directly, or indirectly to pay premiums on a personal benefit contract. The organization did not during the year, pay premiums directly or indirectly on a personal benefit contract.”
Raw XML Appendix113 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SUSAN LOFING |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3087832404 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 120464 STONEGATE RD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MINATARE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NE |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 69356 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 17478 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 811 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -4667 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 25117 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 8450 |
| IRS990EZ/GrossReceiptsAmt | 0 | 138933 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 133 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -4883 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -9550 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -4883 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -9550 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GARY LOFING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PERRY MEYERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | VAL BAKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | TOM SCHWARTZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JESSIE THELANDER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 7639 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 7639 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 106237 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATIONS MISSION IS TO PROVIDE MAINTENANCE SERVICE TO THE MEMBERS. KEEPS THE CANAL IN GOOD CONDITION AND TO SUPPLY WATER FOR IRRIGATION. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 138800 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE IRRIGATION AND MAINTENANCE SERVICE TO MEMBERS |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 37363 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 30000 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 18000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 143600 |
| IRS990EZ/TotalRevenueAmt | 0 | 138933 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES 884 4,951 TAXES 4,597 FUEL 6,704 OTHER EXPENSES 595 REPAIRS 87,231 SUPPLIES 683 CHEMICALS 157 MEMBERSHIPS & DUES 435 TOTAL 106,237 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 27,480 27,480 LESS ACCUMULATED DEPRECIATION 19,841 19,841 TOTAL 7,639 7,639 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNSECURED NOTES AND LOANS PAYABLE 30,000 18,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATIONS MISSION IS TO PROVIDE MAINTENANCE SERVICE TO THE MEMBERS. KEEPS THE CANAL IN GOOD CONDITION AND TO SUPPLY WATER FOR IRRIGATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION DID NOT RECEIVE DURING THE YEAR AN FUNDS DIRECTLY, OR INDIRECTLY TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION DID NOT DURING THE YEAR, PAY PREMIUMS DIRECTLY OR INDIRECTLY ON A PERSONAL BENEFIT CONTRACT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART IV |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GARY LOFING |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3087832404 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MINATARE MUTUAL CANAL & IRRIGATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MINA |
| ReturnHeader/Filer/EIN | 0 | 476034569 |
| ReturnHeader/Filer/PhoneNum | 0 | 3087832404 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 120464 STONEGATE ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MINATARE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NE |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 69356 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 470526649 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DANA F COLE & COMPANY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 2009 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SCOTTSBLUFF |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 69363 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3086324400 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL SCOW |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-05-15T10:40:27-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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