Catskill Mountain Foundation Inc
Catskill Mountain Foundation Inc. consistently operates with deficits in recent years while maintaining significant assets and reporting no officer compensation.
EIN: 133992139 · Hunter, NY · NTEE: A110 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $3.4M |
| Program Spending | 85% |
| Net Assets | $6.6M |
| Transparency Score | 85/100 |
Is Catskill Mountain Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catskill Mountain Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catskill Mountain Foundation Inc
Catskill Mountain Foundation Inc (EIN: 133992139) is a nonprofit organization based in Hunter, NY, classified under NTEE code A110. The organization reported total revenue of $3.0M and total assets of $11.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catskill Mountain Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catskill Mountain Foundation Inc is a mid-size nonprofit that has been operating for 28 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $3.4M |
| Surplus / Deficit | $-592,093 |
| Total Assets | $10.0M |
| Total Liabilities | $3.4M |
| Net Assets | $6.6M |
| Operating Margin | -21.3% |
| Debt-to-Asset Ratio | 33.7% |
| Months of Reserves | 35.7 months |
Financial Health Grade: B
In 2023, Catskill Mountain Foundation Inc reported a deficit of $592K with expenses exceeding revenue, holds 35.7 months of operating reserves (strong position), has a debt-to-asset ratio of 33.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Catskill Mountain Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.5% | +45.7% | -1.5% |
| 2022 | -8.0% | +5.2% | -3.6% |
| 2021 | +7.7% | +21.8% | -8.5% |
| 2020 | +9.9% | -24.1% | -4.9% |
| 2019 | -7.9% | -4.7% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catskill Mountain Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Catskill Mountain Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $592K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly commendable for an organization with annual revenues in the multi-million dollar range and suggests a strong dedication to resource allocation for programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Catskill Mountain Foundation Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $592,093 in 202312, $215,057 in 202212)
- Gradual decline in total assets over the past decade (from $14.3M in 201412 to $10.0M in 202312)
Strengths
The following positive indicators were identified for Catskill Mountain Foundation Inc:
- Zero reported officer compensation across all filings, indicating strong commitment to mission spending.
- Significant asset base ($10,030,837 in 202312) provides a buffer despite operating deficits.
- Decreasing liabilities over the past decade (from $6.8M in 201412 to $3.3M in 202312) improves financial health.
Frequently Asked Questions about Catskill Mountain Foundation Inc
Is Catskill Mountain Foundation Inc a legitimate charity?
Catskill Mountain Foundation Inc (EIN: 133992139) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Catskill Mountain Foundation Inc spend its money?
Catskill Mountain Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Catskill Mountain Foundation Inc tax-deductible?
Catskill Mountain Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133992139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Catskill Mountain Foundation Inc's spending goes to programs?
Catskill Mountain Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Catskill Mountain Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Catskill Mountain Foundation Inc is above average for NTEE category A110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Catskill Mountain Foundation Inc located?
Catskill Mountain Foundation Inc is headquartered in Hunter, New York and files with the IRS under EIN 133992139. It is classified under NTEE code A110.
How many years of IRS 990 filings does Catskill Mountain Foundation Inc have?
Catskill Mountain Foundation Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
Is Catskill Mountain Foundation Inc. financially stable given recent deficits?
While the organization has reported expenses exceeding revenues in several recent periods, such as a $592,093 deficit in 202312, its substantial asset base of $10,030,837 and decreasing liabilities ($3,384,356 in 202312 down from $6,851,534 in 201412) suggest a degree of financial resilience. However, sustained deficits could erode assets over time if not addressed.
How has the organization's asset base changed over time?
The organization's assets have gradually declined from a high of $14,375,827 in 201412 to $10,030,837 in 202312. This trend warrants monitoring, especially in light of recent operating deficits.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a significant strength, indicating that the organization's leadership is either unpaid or compensated through other means not reported as officer compensation on the 990, which is highly unusual and generally positive for donor confidence and resource allocation to programs.
Filing History
IRS 990 filing history for Catskill Mountain Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Catskill Mountain Foundation Inc's revenue has grown by 14.8%, moving from $2.4M to $2.8M. Total assets decreased by 26.7% over the same period, from $13.7M to $10.0M. Total functional expenses rose by 29.5%, from $2.6M to $3.4M. In its most recent filing year (2023), Catskill Mountain Foundation Inc reported a deficit of $592K, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $10.0M in assets (debt-to-asset ratio: 33.7%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $3.4M | $10.0M | $3.4M | — | View 990 |
| 2022 | $2.1M | $2.3M | $10.2M | $2.9M | — | View 990 |
| 2021 | $2.3M | $2.2M | $10.6M | $3.1M | — | View 990 |
| 2020 | $2.1M | $1.8M | $11.5M | $4.2M | — | View 990 |
| 2019 | $1.9M | $2.4M | $12.1M | $5.1M | — | View 990 |
| 2018 | $2.1M | $2.5M | $13.0M | $5.5M | — | View 990 |
| 2017 | $2.7M | $2.6M | $13.7M | $5.8M | — | View 990 |
| 2016 | $2.6M | $2.6M | $14.0M | $6.2M | — | View 990 |
| 2015 | $2.9M | $2.7M | $14.3M | $6.6M | — | View 990 |
| 2014 | $2.8M | $2.7M | $14.4M | $6.9M | — | View 990 |
| 2013 | $2.8M | $2.6M | $14.4M | $7.0M | — | View 990 |
| 2012 | $3.0M | $2.6M | $14.3M | $7.2M | — | View 990 |
| 2011 | $3.3M | $2.6M | $14.3M | $7.7M | — | View 990 |
| 2010 | $2.4M | $2.6M | $13.7M | $7.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $3.4M, and assets of $10.0M (revenue +32.5% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.3M, and assets of $10.2M (revenue -8.0% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.2M, and assets of $10.6M (revenue +7.7% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.8M, and assets of $11.5M (revenue +9.9% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.4M, and assets of $12.1M (revenue -7.9% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.5M, and assets of $13.0M (revenue -22.3% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.6M, and assets of $13.7M (revenue +1.7% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.6M, and assets of $14.0M (revenue -8.3% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.7M, and assets of $14.3M (revenue +1.8% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.7M, and assets of $14.4M (revenue +0.5% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.6M, and assets of $14.4M (revenue -5.0% year-over-year).
- 2012: Revenue of $3.0M, expenses of $2.6M, and assets of $14.3M (revenue -9.0% year-over-year).
- 2011: Revenue of $3.3M, expenses of $2.6M, and assets of $14.3M (revenue +34.8% year-over-year).
- 2010: Revenue of $2.4M, expenses of $2.6M, and assets of $13.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catskill Mountain Foundation Inc:
Data Sources and Methodology
This transparency report for Catskill Mountain Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.