Civic Intelligence

Hooper Irrigation Company

990 • Fiscal year 2013 • EIN 87-0140547

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 17, 2014

5375 South 5500 West84315

(801) 985-8429

Siviq Scores

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

Liabilities / Assets

100th percentile

1.19x

Higher debt load relative to assets than 100% of similar nonprofits.

2013 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

97th percentile

9.78x

Higher debt load relative to revenue than 97% of similar nonprofits.

2013 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2013

Net Margin

7th percentile

-32%

Higher net margin than 7% of similar nonprofits.

2013 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

41st percentile

$40,445

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2013 filings • $5M-$10M nonprofits • Source year 2013

Asset Growth

4th percentile

-7.9%

Faster asset growth than 4% of similar nonprofits.

2013 filings • 501(c)12 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

81st percentile

12%

Faster revenue growth than 81% of similar nonprofits.

2013 filings • 501(c)12 • $5M-$10M nonprofits • Annualized from 2011 to 2013

Assets

Down

$8,677,989

Down $741,768 (-7.9%) from 2012

Net Assets

Down

-$1,612,903

Down $337,548 (-26%) from 2012

Liabilities

Down

$10,290,892

Down $404,220 (-3.8%) from 2012

Revenue

$1,051,983

No earlier filing loaded for comparison.

Expenses

Down

$1,389,531

Down $230,292 (-14%) from 2012

Net Income

-$337,548

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $10,240,520Liabilities 2010: $10,275,824Net Assets 2010: -$35,3042010Assets 2011: $9,583,269Liabilities 2011: $10,282,852Net Assets 2011: -$699,5832011Assets 2012: $9,419,757Liabilities 2012: $10,695,112Net Assets 2012: -$1,275,3552012Assets 2013: $8,677,989Liabilities 2013: $10,290,892Net Assets 2013: -$1,612,9032013Assets 2014: $8,181,366Liabilities 2014: $10,105,859Net Assets 2014: -$1,924,4932014Assets 2015: $7,709,132Liabilities 2015: $9,655,477Net Assets 2015: -$1,946,3452015Assets 2016: $6,962,375Liabilities 2016: $9,311,948Net Assets 2016: -$2,349,5732016Assets 2017: $6,240,197Liabilities 2017: $8,992,331Net Assets 2017: -$2,752,1342017Assets 2018: $5,847,924Liabilities 2018: $9,501,634Net Assets 2018: -$3,653,7102018Assets 2019: $5,091,028Liabilities 2019: $8,995,587Net Assets 2019: -$3,904,5592019Assets 2020: $4,734,724Liabilities 2020: $9,179,570Net Assets 2020: -$4,444,8462020Assets 2021: $4,979,989Liabilities 2021: $8,271,602Net Assets 2021: -$3,291,6132021Assets 2022: $4,281,909Liabilities 2022: $7,903,945Net Assets 2022: -$3,622,0362022Assets 2023: $5,163,326Liabilities 2023: $8,046,607Net Assets 2023: -$2,883,2812023Assets 2024: $6,076,137Liabilities 2024: $7,327,983Net Assets 2024: -$1,251,8462024

Highlighted filing

2013

Assets$8,677,989
Liabilities$10,290,892
Net Assets-$1,612,903

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,540,8922010Revenue 2011: $846,097Expenses 2011: $1,510,376Net Income 2011: -$664,2792011Expenses 2012: $1,619,8232012Revenue 2013: $1,051,983Expenses 2013: $1,389,531Net Income 2013: -$337,5482013Revenue 2014: $1,112,581Expenses 2014: $1,424,171Net Income 2014: -$311,5902014Revenue 2015: $1,143,575Expenses 2015: $1,499,682Net Income 2015: -$356,1072015Revenue 2016: $1,401,667Expenses 2016: $1,805,010Net Income 2016: -$403,3432016Revenue 2017: $1,399,669Expenses 2017: $1,802,230Net Income 2017: -$402,5612017Revenue 2018: $1,662,903Expenses 2018: $1,765,920Net Income 2018: -$103,0172018Revenue 2019: $2,111,991Expenses 2019: $2,190,055Net Income 2019: -$78,0642019Revenue 2020: $2,000,428Expenses 2020: $1,928,420Net Income 2020: $72,0082020Revenue 2021: $3,130,524Expenses 2021: $1,977,291Net Income 2021: $1,153,2332021Revenue 2022: $2,065,397Expenses 2022: $2,292,677Net Income 2022: -$227,2802022Revenue 2023: $2,922,449Expenses 2023: $2,183,694Net Income 2023: $738,7552023Revenue 2024: $4,261,416Expenses 2024: $2,528,479Net Income 2024: $1,732,9372024

Highlighted filing

2013

Revenue$1,051,983
Expenses$1,389,531
Net Income-$337,548
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 17, 2014
Return Version
2013v3.1
Gross Receipts
$1,051,983
Mission and Program Overview

Mission

Irrigation water for hooper community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,455,821$8,021,243▼ $434,578
Cash and Non-Interest-Bearing Accounts$545,383$357,632▼ $187,751
Cap Stk Tr Prin Current Funds$194,452$194,452→ $0
Accounts Receivable$99,012$87,803▼ $11,209
Savings and Temporary Cash Investments$4,660$2,013▼ $2,647
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Rtn Earn Endowment Incm Other Fnds$-1,469,807$-1,807,355▼ $337,548
Total Assets$9,419,757$8,677,989▼ $741,768
Other Assets Total$314,881$209,298▼ $105,583
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,378,002$9,860,344▼ $517,658
Accounts Payable and Accrued Expenses$317,110$430,548▲ $113,438
Total Liabilities$10,695,112$10,290,892▼ $404,220
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,275,355$-1,612,903▼ $337,548
Total Liabilities and Net Assets / Fund Balance$9,419,757$8,677,989▼ $741,768

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,879,854$6,817,468$14,697,322
Land$103,427-$103,427
Equipment$33,039$40,095$73,134
Buildings$4,923$40,259$45,182
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nicolle BrownTreasurerFT$40,445$40,445
Michelle T SchuetzTreasurerFT$7,292$7,292

Board Members and Trustees

NameTitle
Theo CoxPresident
Rex HancockVice President
Clint NaisbittDirector
David E FaveroDirector
John DiamondDirector
Stan FowersDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,050,912
Investment Income
$1,071
Other Revenue
$0
Change in Net Assets
$-337,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,192,032
Salaries, Compensation, and Employee Benefits$197,499
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$749,752--$749,752
Other Salaries and Wages$127,149--$127,149
All Other Expenses$103,280--$103,280
Other Expenses$50,522--$50,522
Current Officers, Directors, Trustees, and Key Employees$47,737--$47,737
Interest$31,344--$31,344
Insurance$15,728--$15,728
Other Employee Benefits$11,736--$11,736
Payroll Taxes$10,877--$10,877
Fees for Services Other$5,059--$5,059
Fees for Services Legal-$2,271-$2,271
Fees for Services Accounting-$1,915-$1,915
Total Functional Expenses$1,385,345$4,186$0$1,389,531
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The organization sells water shares to new and existing stockholders.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

There is an annual meeting where the stockholders can elect one or more members to the position of director for the following year.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Stockholders have the right to vote annually for member of the board of directors. Stockholders have the right to approve/disapprove any changes to the governing documents.

Form 990, Part VI, Line 11B: Form 990 Review Process

The president review the 990 beforing signing it and mailing it in. In February of the following year the shareholders also come and review the 990.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annually officers, directors, and trustees are required to complete a conflict of interest questionaire. If a conflict if interest exists, the board discusses the matter and resolves the issues.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization distributes financial statements at the annual shareholders meeting in February of each year. If any person would like to see any of its governing documents the organization makes them available upon request.

Filing and Contact Details

Filer

EIN
87-0140547

Signing Officer

Name
Theo Cox
Title
President
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
1902
Legal Domicile
Ut
Voting Board Members
8
Independent Board Members
7
Employees
22

Preparer

Preparer
Altina Stott CPA
Phone
8016272710
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt010877
IRS990/PayrollTaxesGrp/TotalAmt010877
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Access Fees
IRS990/ProgramServiceRevenueGrp/Desc1Annual Service Fees
IRS990/ProgramServiceRevenueGrp/Desc2Maintenance Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt064882
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1502918
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2483112
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt064882
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1502918
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2483112
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0241
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01343104
IRS990/PYProgramServiceRevenueAmt01043810
IRS990/PYRevenuesLessExpensesAmt0-575772
IRS990/PYSalariesCompEmpBnftPaidAmt0276719
IRS990/PYTotalExpensesAmt01619823
IRS990/PYTotalRevenueAmt01044051
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-337548
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-1469807
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1807355
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04660
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02013
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04923
IRS990ScheduleD/BuildingsGrp/DepreciationAmt040259
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt045182
IRS990ScheduleD/EquipmentGrp/BookValueAmt033039
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040095
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt073134
IRS990ScheduleD/LandGrp/BookValueAmt0103427
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0103427
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07879854
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06817468
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014697322
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08021243
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization sells water shares to new and existing stockholders.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There is an annual meeting where the stockholders can elect one or more members to the position of director for the following year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Stockholders have the right to vote annually for member of the board of directors. Stockholders have the right to approve/disapprove any changes to the governing documents.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The president review the 990 beforing signing it and mailing it in. In February of the following year the shareholders also come and review the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Annually officers, directors, and trustees are required to complete a conflict of interest questionaire. If a conflict if interest exists, the board discusses the matter and resolves the issues.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization distributes financial statements at the annual shareholders meeting in February of each year. If any person would like to see any of its governing documents the organization makes them available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09419757
IRS990/TotalAssetsEOYAmt08677989
IRS990/TotalAssetsGrp/BOYAmt09419757
IRS990/TotalAssetsGrp/EOYAmt08677989
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04186
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01385345
IRS990/TotalFunctionalExpensesGrp/TotalAmt01389531
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010695112
IRS990/TotalLiabilitiesEOYAmt010290892
IRS990/TotalLiabilitiesGrp/BOYAmt010695112
IRS990/TotalLiabilitiesGrp/EOYAmt010290892
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1275355
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1612903
IRS990/TotalProgramServiceRevenueAmt01050912
IRS990/TotalReportableCompFromOrgAmt047737
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01051983
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01051983
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09419757
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08677989
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Theo Cox
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine10Hooper Irrigation Campany
ReturnHeader/Filer/BusinessNameControlTxt0HOOP
ReturnHeader/Filer/EIN0870140547
ReturnHeader/Filer/USAddress/AddressLine105375 South 5500 West
ReturnHeader/Filer/USAddress/City0Hooper
ReturnHeader/Filer/USAddress/State0UT
ReturnHeader/Filer/USAddress/ZIPCode084315
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10WIGGINS & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10770 East 9000 South Ste B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Sandy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode084094
ReturnHeader/PreparerPersonGrp/PhoneNum08016272710
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALTINA STOTT CPA
ReturnHeader/ReturnTs02014-11-17T12:59:58-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.08$7.33$1.25$4.26$2.53$1.73
2023Summary only. Only limited summary data is available for this year.$5.16$8.05$2.88$2.92$2.18$0.74
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$7.90$3.62$2.07$2.29$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.98$8.27$3.29$3.13$1.98$1.15
2020Summary only. Only limited summary data is available for this year.$4.73$9.18$4.44$2.00$1.93$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.09$9.00$3.90$2.11$2.19$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.85$9.50$3.65$1.66$1.77$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.24$8.99$2.75$1.40$1.80$0.40
2016Summary only. Only limited summary data is available for this year.$6.96$9.31$2.35$1.40$1.81$0.40
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.71$9.66$1.95$1.14$1.50$0.36
2014Detailed filing. Detailed filing data is available for this year.$8.18$10.1$1.92$1.11$1.42$0.31
2013Detailed filing. Detailed filing data is available for this year.$8.68$10.3$1.61$1.05$1.39$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.42$10.7$1.28$1.62
2011Summary only. Only limited summary data is available for this year.$9.58$10.3$0.70$0.85$1.51$0.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$10.3$0.04$1.54