Civic Intelligence

Rainbow Park Water Company

990EZ • Fiscal year 2024 • EIN 84-0299149

Jan 01, 2024 to Dec 31, 2024

Organization Profile
PO Box 454Florence, CO 81226

(719) 269-6610

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.00x

Higher debt load relative to assets than 96% of similar nonprofits.

2024 filings • NTEE W • <$500k nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

0.53x

Higher debt load relative to revenue than 94% of similar nonprofits.

2024 filings • NTEE W • <$500k nonprofits • Source year 2024

Net Margin

50th percentile

11%

Higher net margin than 50% of similar nonprofits.

2024 filings • NTEE W • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$11,600

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 23.3% of source-year revenue.

2024 filings • NTEE W • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

$26,243

No earlier filing loaded for comparison.

Net Assets

$31,500

No earlier filing loaded for comparison.

Liabilities

$26,243

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin50th percentile

Revenue

$49,749

No earlier filing loaded for comparison.

Expenses

$44,492

No earlier filing loaded for comparison.

Net Income

$5,257

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2024: $26,243Liabilities 2024: $26,243Net Assets 2024: $31,5002024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $38,5972025

Highlighted filing

2024

Assets$26,243
Liabilities$26,243
Net Assets$31,500
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0Revenue 2024: $49,749Expenses 2024: $44,492Net Income 2024: $5,2572024Revenue 2025: $47,044Expenses 2025: $39,947Net Income 2025: $7,0972025

Highlighted filing

2024

Revenue$49,749
Expenses$44,492
Net Income$5,257
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 25, 2026
Return Version
2024v5.1
Gross Receipts
$49,749
Mission and Program Overview

Mission

Procide irrigation water from apr 1 to oct 31

Provide irrigation water from apr 1 to oct 31

Program Services

DescriptionGrantsExpenses
provide irrigation water from april 1st to october 31st every year--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARTIN KARNERDitch Rider-$11,600-$11,600
GAIL SCHMIDTSecretary-$7,351-$7,351
MARK CLINARDPresidentPT$0--
STEPHEN ANDREWSVice President-$0--
Filing and Contact Details

Filer

Filer Name
Rainbow Park Water Co
EIN
84-0299149
Phone
7192696610
Address
PO BOX 454, FLORENCE, CO 81226

Signing Officer

Name
Mark Clinard
Title
President
Phone
7192696610
Signed
2026-03-25
Discuss with paid preparer
No

Preparer

Firm
Absolute Accounting Inc
Address
831 ROYAL GORGE BLVD, CANON CITY, CO 81212
Preparer
Lydia J Udell
Phone
7192758910
Supplemental Narrative

Additional Explanations

Part I, line 16

“Description: INSURANCE Amount: 3883”

Part I, line 16

“Description: INTEREST Amount: 405”

Part I, line 16

“Description: FUEL Amount: 1750”

Part I, line 20

“Description: CURRENT ASSETS Amount: 26243”

Part II, line 26

“Description: PAYROLL LIABILITIES BOY Amount: 6061 EOY Amount: 6834”

Part II, line 26

“Description: COLO WATER CONSERVATION BOARD BOY Amount: 14304 EOY Amount: 11094”

Part II, line 26

“Description: EQUITY BOY Amount: 7575 EOY Amount: 8315”

Raw XML Appendix106 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ABSOLUTE ACCOUNTING
IRS990EZ/BooksInCareOfDetail/PhoneNum07192758910
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 454
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FLORENCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd081226
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt027940
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026243
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05257
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027940
IRS990EZ/Form990TotalAssetsGrp/EOYAmt026243
IRS990EZ/GrossReceiptsAmt049749
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt049749
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt031500
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt014582
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt27351
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt311600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARK CLINARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEPHEN ANDREWS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GAIL SCHMIDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARTIN KARNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DITCH RIDER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt026243
IRS990EZ/OtherExpensesTotalAmt06038
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE IRRIGATION WATER FROM APR 1 TO OCT 31
IRS990EZ/PrintingPublicationsPostageAmt04921
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0provide irrigation water from april 1st to october 31st every year
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt018951
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt027940
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt026243
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt044492
IRS990EZ/TotalRevenueAmt049749
IRS990EZ/TransactionWithControlEntInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: INSURANCE Amount: 3883
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: INTEREST Amount: 405
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: FUEL Amount: 1750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: CURRENT ASSETS Amount: 26243
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: PAYROLL LIABILITIES BOY Amount: 6061 EOY Amount: 6834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: COLO WATER CONSERVATION BOARD BOY Amount: 14304 EOY Amount: 11094
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description: EQUITY BOY Amount: 7575 EOY Amount: 8315
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part II, line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part II, line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK CLINARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07192696610
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAINBOW PARK WATER CO
ReturnHeader/Filer/BusinessNameControlTxt0RAIN
ReturnHeader/Filer/EIN0840299149
ReturnHeader/Filer/PhoneNum07192696610
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 454
ReturnHeader/Filer/USAddress/CityNm0FLORENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081226
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205306409
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ABSOLUTE ACCOUNTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0831 ROYAL GORGE BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CANON CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd081212
ReturnHeader/PreparerPersonGrp/PhoneNum07192758910
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LYDIA J UDELL
ReturnHeader/ReturnTs02026-03-27T09:21:12-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,243
Liabilities
$26,243
Net assets
$31,500
Revenue
$49,749
Expenses
$44,492
Net income
$5,257
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$38.6$47.0$39.9$7.10
2024Detailed filing. Detailed filing data is available for this year.$26.2$26.2$31.5$49.7$44.5$5.26