Is Fairway Canyon Community Association Legit?

Quick charity verification for Fairway Canyon Community Association (EIN: 201592678)

Verdict: Fairway Canyon Community Association appears trustworthy

85/100Mission Score

$5.0MRevenue

$6.3MAssets

2Red Flags

4Strengths

Red Flags

Significant liabilities, occasionally exceeding assets (e.g., 2020 liabilities $9,177,589 vs. assets $8,917,677)
One year of significant deficit spending (2022: expenses $4,239,568 vs. revenue $3,524,262)

Strengths

Consistent filing of IRS 990s over 13 periods, demonstrating regulatory compliance and transparency.
No reported officer compensation, indicating potentially low administrative overhead for leadership.
General trend of revenue growth over the past decade, suggesting increasing capacity.
Assets generally exceed liabilities, indicating a healthy balance sheet in most years (e.g., 2023 assets $6,695,913 vs. liabilities $6,182,526).

Spending Breakdown

How Fairway Canyon Community Association allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Fairway Canyon Community Association

Is Fairway Canyon Community Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Fairway Canyon Community Association (EIN: 201592678) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Fairway Canyon Community Association a good charity to donate to?

Fairway Canyon Community Association has a Mission Score of 85/100. Revenue: $5.0M. Assets: $6.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fairway Canyon Community Association?

The Employer Identification Number (EIN) for Fairway Canyon Community Association is 201592678. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Fairway Canyon Community Association spend its money?

Fairway Canyon Community Association allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fairway Canyon Community Association's tax-exempt status?

You can verify Fairway Canyon Community Association's tax-exempt status using EIN 201592678 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Fairway Canyon Community Association demonstrates consistent financial activity, with revenues generally exceeding expenses over the past decade, indicating a stable operational model. For example, in 2023, revenue was $4,343,831 against expenses of $4,226,230. However, the organization experienced a deficit in 2022, with expenses of $4,239,568 exceeding revenue of $3,524,262. The NTEE code L50 suggests a focus on homeowner associations, which typically have a high proportion of program spending related to community maintenance and services.

The organization's assets have fluctuated, reaching a high of $8,917,677 in 2020 and currently standing at $6,695,913 in 2023. Liabilities have also been significant, sometimes exceeding assets, as seen in 2020 where liabilities were $9,177,589 against assets of $8,917,677. This suggests a reliance on debt or deferred revenue, which warrants closer examination. The consistent reporting of 0% officer compensation across all filings indicates either a volunteer board or that compensation is not reported in this specific field, which is a key transparency point.

Overall, the association appears to be managing its finances to support its community functions. The lack of reported officer compensation is a positive indicator for transparency regarding executive pay, though further detail on how administrative costs are allocated would provide a more complete picture of spending efficiency. The consistent filing of IRS 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.