Quick charity verification for Spruce Peak Resort Association Inc (EIN: 203185903)
Verdict: Spruce Peak Resort Association Inc appears trustworthy
85/100Mission Score
$2.3MRevenue
$3.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $296,649 in 2015 to $1,671,292 in 2023.
Strong asset growth, increasing from $1,391,643 in 2015 to $3,226,251 in 2023.
No reported officer compensation across all filings, indicating high efficiency or volunteer leadership.
Consistent operating surpluses in recent years (e.g., $1,671,292 revenue vs. $1,365,058 expenses in 2023).
Low liabilities relative to assets, indicating strong financial health.
Spending Breakdown
How Spruce Peak Resort Association Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Spruce Peak Resort Association Inc
Is Spruce Peak Resort Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spruce Peak Resort Association Inc (EIN: 203185903) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Spruce Peak Resort Association Inc a good charity to donate to?
Spruce Peak Resort Association Inc has a Mission Score of 85/100. Revenue: $2.3M. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Spruce Peak Resort Association Inc?
The Employer Identification Number (EIN) for Spruce Peak Resort Association Inc is 203185903. 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 Spruce Peak Resort Association Inc spend its money?
Spruce Peak Resort Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Spruce Peak Resort Association Inc's tax-exempt status?
You can verify Spruce Peak Resort Association Inc's tax-exempt status using EIN 203185903 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
Spruce Peak Resort Association Inc. demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in $1,671,292 in revenue for the 2023 period. The organization has also shown a strong ability to manage expenses, with expenses in 2023 at $1,365,058, resulting in a surplus. Their asset base has steadily increased, reaching $3,226,251 in 2023, indicating good financial stewardship and capacity building. The organization's liabilities have remained relatively low compared to assets, suggesting a stable financial position.
Spending efficiency appears strong, as the organization consistently operates with a surplus in recent years, indicating that revenue generation outpaces operational costs. While specific program spending percentages are not detailed in the provided data, the overall financial health suggests effective resource allocation. The absence of reported officer compensation across all filings is a notable aspect of their financial transparency, indicating that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990.
Overall, Spruce Peak Resort Association Inc. exhibits a positive financial outlook with growth in revenue and assets, controlled expenses, and a transparent approach to executive compensation. The consistent surpluses and increasing asset base point to a well-managed and financially stable organization.