Is Waterville Valley Resort Association Inc Legit?
Quick charity verification for Waterville Valley Resort Association Inc (EIN: 20485937)
Verdict: Waterville Valley Resort Association Inc appears trustworthy
85/100Mission Score
$846KRevenue
$684KAssets
1Red Flags
5Strengths
Red Flags
NTEE Code is unknown, limiting clear understanding of mission category
Strengths
Consistent financial surpluses (e.g., $306,143 surplus in 2023)
Zero reported liabilities across all filings
Significant growth in assets, from $127,284 in 2020 to $711,808 in 2023
No reported officer compensation, suggesting efficient use of funds or volunteer leadership
Consistent IRS 990 filing history demonstrating transparency
Spending Breakdown
How Waterville Valley 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 Waterville Valley Resort Association Inc
Is Waterville Valley Resort Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Waterville Valley Resort Association Inc (EIN: 20485937) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Waterville Valley Resort Association Inc a good charity to donate to?
Waterville Valley Resort Association Inc has a Mission Score of 85/100. Revenue: $846K. Assets: $684K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Waterville Valley Resort Association Inc?
The Employer Identification Number (EIN) for Waterville Valley Resort Association Inc is 20485937. 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 Waterville Valley Resort Association Inc spend its money?
Waterville Valley 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 Waterville Valley Resort Association Inc's tax-exempt status?
You can verify Waterville Valley Resort Association Inc's tax-exempt status using EIN 20485937 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
The Waterville Valley Resort Association Inc. demonstrates a generally stable financial position, with recent years showing consistent revenue growth and healthy asset accumulation. In 2023, the organization reported revenues of $897,872 against expenses of $591,729, resulting in a significant surplus that contributed to its growing assets, which reached $711,808. This trend of revenue exceeding expenses is positive, indicating sound financial management and an ability to build reserves. The absence of reported liabilities across all available filings is a strong indicator of financial health and low financial risk.
The organization's spending efficiency appears reasonable, though a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data. However, the consistent surpluses suggest that expenses are well-managed relative to income. The lack of reported officer compensation across all filings suggests either a volunteer-led executive structure or that compensation falls below reporting thresholds, which can be a positive sign for donor confidence regarding executive pay.
Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero liabilities is a notable positive. To further enhance transparency, a more detailed breakdown of how expenses are allocated across programs, administration, and fundraising would be beneficial for stakeholders to fully assess spending efficiency and mission impact. Overall, the financial data points to a well-managed organization with a solid financial foundation.