Larkspur Inc is located in Rocky Ford, CO. The organization was established in 1990. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Larkspur Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 09/2023, Larkspur Inc generated $73.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $52.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FOR THE DISTRIBUTION OF IRRIGATION WATER FOR THE MUTUAL BENEFIT OF THE STOCKHOLDERS OF THE COMPANY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leroy Mauch Chairman | 1 | $0 | |
Lynden Gill Vice Chairman | 1 | $0 | |
Matthew Carter Director | 1 | $0 | |
Reeves Brown Director | 1 | $0 | |
Jared Gardner Director | 1 | $0 | |
Brenda Murr Secretary Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $67,687 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $5,910 |
Total Revenue | $73,597 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $27,398 |
Professional fees and other payments to independent contractors | $1,353 |
Occupancy, rent, utilities, and maintenance | $13,891 |
Printing, publications, postage, and shipping | $1,251 |
Other expenses | $8,648 |
Total expenses | $52,541 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,098 |
Other assets | $0 |
Total assets | $184,200 |
Total liabilities | $45,668 |
Net assets or fund balances | $138,532 |