Civic Intelligence

Pleasant Valley Canal Co

990 • Fiscal year 2025 • EIN 94-0774812

Jan 01, 2025 to Dec 31, 2025 • Filed on Apr 15, 2026

308 North 2nd StreetPorterville, CA 93257

(559) 310-3038

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

Higher debt load relative to assets than 45% of similar nonprofits.

2025 filings • 501(c)12 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

44th percentile

0.00x

Higher debt load relative to revenue than 44% of similar nonprofits.

2025 filings • 501(c)12 • <$500k nonprofits • Source year 2025

Net Margin

69th percentile

17%

Higher net margin than 69% of similar nonprofits.

2025 filings • 501(c)12 • <$500k nonprofits • Source year 2025

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • 501(c)12 • <$500k nonprofits • Source year 2025

Asset Growth

74th percentile

9.8%

Faster asset growth than 74% of similar nonprofits.

2025 filings • 501(c)12 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

89th percentile

36%

Faster revenue growth than 89% of similar nonprofits.

2025 filings • 501(c)12 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$429,614

Up $14,944 (+3.6%) from 2023

Net Assets

$428,596

No earlier filing loaded for comparison.

Liabilities

Down

$1,018

Down $1,410 (-58%) from 2023

Revenue

Up

$222,145

Up $52,582 (+31%) from 2023

Expenses

Up

$183,472

Up $1,133 (+0.6%) from 2023

Net Income

Up

$38,673

Up $51,449 (+403%) from 2023

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $312,744Liabilities 2011: $77,5892011Assets 2012: $294,068Liabilities 2012: $26,8572012Assets 2013: $293,608Liabilities 2013: $3,1512013Assets 2014: $313,922Liabilities 2014: $8,682Net Assets 2014: $305,2402014Assets 2015: $267,932Liabilities 2015: $2,476Net Assets 2015: $265,4562015Assets 2016: $275,704Liabilities 2016: $3,293Net Assets 2016: $272,4112016Assets 2017: $291,183Liabilities 2017: $3,835Net Assets 2017: $287,3482017Assets 2018: $319,319Liabilities 2018: $8942018Assets 2019: $340,295Liabilities 2019: $1,1622019Assets 2020: $364,161Liabilities 2020: $16,508Net Assets 2020: $347,6532020Assets 2021: $407,321Liabilities 2021: $1,093Net Assets 2021: $406,2282021Assets 2022: $426,009Liabilities 2022: $991Net Assets 2022: $425,0182022Assets 2023: $414,670Liabilities 2023: $2,4282023Assets 2025: $429,614Liabilities 2025: $1,018Net Assets 2025: $428,5962025

Highlighted filing

2025

Assets$429,614
Liabilities$1,018
Net Assets$428,596

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $141,376Expenses 2011: $111,598Net Income 2011: $29,7782011Revenue 2012: $136,763Expenses 2012: $104,707Net Income 2012: $32,0562012Revenue 2013: $142,951Expenses 2013: $119,705Net Income 2013: $23,2462013Revenue 2014: $139,062Expenses 2014: $124,279Net Income 2014: $14,7832014Revenue 2015: $139,004Expenses 2015: $131,792Net Income 2015: $7,2122015Revenue 2016: $138,627Expenses 2016: $133,260Net Income 2016: $5,3672016Revenue 2017: $152,944Expenses 2017: $138,007Net Income 2017: $14,9372017Revenue 2018: $169,076Expenses 2018: $137,999Net Income 2018: $31,0772018Revenue 2019: $165,174Expenses 2019: $144,466Net Income 2019: $20,7082019Revenue 2020: $170,773Expenses 2020: $162,253Net Income 2020: $8,5202020Revenue 2021: $180,403Expenses 2021: $121,828Net Income 2021: $58,5752021Revenue 2022: $169,711Expenses 2022: $150,921Net Income 2022: $18,7902022Revenue 2023: $169,563Expenses 2023: $182,339Net Income 2023: -$12,7762023Revenue 2025: $222,145Expenses 2025: $183,472Net Income 2025: $38,6732025

Highlighted filing

2025

Revenue$222,145
Expenses$183,472
Net Income$38,673
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Apr 15, 2026
Return Version
2025v4.1
Gross Receipts
$222,145
Mission and Program Overview

Mission

To provide irrigation water to member/shareholders

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$355,423$394,096▲ $38,673
Land, Buildings, and Equipment, Net$287,715$259,605▼ $28,110
Cash and Non-Interest-Bearing Accounts$101,842$168,421▲ $66,579
Pd in Cap Srpls Land Bldg Eqp Fund$22,421$22,421→ $0
Cap Stk Tr Prin Current Funds$12,079$12,079→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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-
Total Assets$391,145$429,614▲ $38,469
Other Assets Total$1,588$1,588→ $0
Liabilities
Other Liabilities$1,222$1,018▼ $204
Total Liabilities$1,222$1,018▼ $204
Net Assets / Fund Balance
Total Net Assets Fund Balance$389,923$428,596▲ $38,673
Total Liabilities and Net Assets / Fund Balance$391,145$429,614▲ $38,469

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$257,780$527,941$785,721
Equipment$1,825$33,725$35,550
Other Land Buildings-$300$300
Compensation and Service Providers

Board Members and Trustees

NameTitle
David MchonePresident
William GloberVice President
Gary ClemDirector
Robert FortinoDirector
Kay MeekSecretary
Terry TreeceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$222,145
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$38,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$128,574
Salaries, Compensation, and Employee Benefits$54,898
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$50,503
Depreciation Depletion---$28,110
Insurance---$28,079
Fees for Services Accounting---$7,975
Office Expenses---$6,720
Payroll Taxes---$4,395
Other Expenses---$3,281
All Other Expenses---$1,615
Fees for Services Legal---$440
Total Functional Expenses$0$0$0$183,472
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
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Liabilities$1,016
Rounding$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Pleasant Valley Canal Co
EIN
94-0774812
Address
308 NORTH 2ND STREET, PORTERVILLE, CA 93257

Signing Officer

Name
William Glober
Title
Vice President
Signed
2026-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Fortino
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
Pine Pedroncelli & Aguilar Inc
Address
3500 W Orchard Court, Visalia, CA 93277
Preparer
Joanna G Moffett
Phone
5596259800
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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/USAddress/AddressLine1Txt0308 NORTH 2ND STREET
IRS990/USAddress/CityNm0PORTERVILLE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093257
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM GLOBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLEASANT VALLEY CANAL CO
ReturnHeader/Filer/BusinessNameControlTxt0PLEA
ReturnHeader/Filer/EIN0940774812
ReturnHeader/Filer/USAddress/AddressLine1Txt0308 NORTH 2ND STREET
ReturnHeader/Filer/USAddress/CityNm0PORTERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093257
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770051886
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Pine Pedroncelli & Aguilar Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03500 W Orchard Court
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Visalia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093277
ReturnHeader/PreparerPersonGrp/PhoneNum05596259800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOANNA G MOFFETT
ReturnHeader/ReturnTs02026-04-15T15:37:26-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.30$0.01$4.29$2.22$1.83$0.39
2023Summary only. Only limited summary data is available for this year.$4.15$0.02$1.70$1.82$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.26$0.01$4.25$1.70$1.51$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.07$0.01$4.06$1.80$1.22$0.59
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.64$0.17$3.48$1.71$1.62$0.09
2019Summary only. Only limited summary data is available for this year.$3.40$0.01$1.65$1.44$0.21
2018Summary only. Only limited summary data is available for this year.$3.19$0.01$1.69$1.38$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$0.04$2.87$1.53$1.38$0.15
2016Detailed filing. Detailed filing data is available for this year.$2.76$0.03$2.72$1.39$1.33$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.68$0.02$2.65$1.39$1.32$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.14$0.09$3.05$1.39$1.24$0.15
2013Summary only. Only limited summary data is available for this year.$2.94$0.03$1.43$1.20$0.23
2012Summary only. Only limited summary data is available for this year.$2.94$0.27$1.37$1.05$0.32
2011Summary only. Only limited summary data is available for this year.$3.13$0.78$1.41$1.12$0.30