Crotched Mountain Foundation
Crotched Mountain Foundation faces declining revenue and inconsistent expense management despite substantial assets.
EIN: 20222168 · Manchester, NH · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.3M |
| Program Spending | 75% |
| Net Assets | $34.2M |
| Transparency Score | 65/100 |
Is Crotched Mountain Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Crotched Mountain Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Crotched Mountain Foundation
Crotched Mountain Foundation (EIN: 20222168) is a nonprofit organization based in Manchester, NH, classified under NTEE code P200. The organization reported total revenue of $3.4M and total assets of $41.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crotched Mountain Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crotched Mountain Foundation is a mid-size nonprofit that has been operating for 73 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-386,455 |
| Total Assets | $36.4M |
| Total Liabilities | $2.3M |
| Net Assets | $34.2M |
| Operating Margin | -20.7% |
| Debt-to-Asset Ratio | 6.2% |
| Months of Reserves | 193.9 months |
Financial Health Grade: B
In 2023, Crotched Mountain Foundation reported a deficit of $386K with expenses exceeding revenue, holds 193.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Crotched Mountain Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.6% | +7.5% | +9.0% |
| 2022 | -15.4% | -91.7% | +0.3% |
| 2021 | -16.6% | +321.2% | -30.5% |
| 2020 | -2.1% | -43.5% | -3.4% |
| 2019 | +9.4% | +61.7% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1953 |
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 Crotched Mountain Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Crotched Mountain Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $386K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.2%.
Executive Compensation Analysis
Executive compensation is highly favorable, with 0% officer compensation reported across all available filings, indicating strong fiscal responsibility in this area relative to the organization's size and asset base.
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 Crotched Mountain Foundation's IRS 990 filings:
- Significant and consistent decline in annual revenue over the past decade, from $10.2M in 2014 to $1.8M in 2023.
- Expenses frequently exceed revenue in recent years (e.g., 202306, 202106, 202006, 201906, 201806, 201706, 201606, 201506), indicating potential operational deficits.
- Unexplained massive expense spike to $25,159,458 in 202106, which is disproportionate to other years' expenses and revenue.
Strengths
The following positive indicators were identified for Crotched Mountain Foundation:
- Zero officer compensation reported across all filings, indicating excellent executive compensation control and transparency.
- Substantial asset base ($36,433,568 in 202306) provides financial stability despite revenue declines.
- Relatively low liabilities compared to assets, suggesting a healthy balance sheet.
Frequently Asked Questions about Crotched Mountain Foundation
Is Crotched Mountain Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Crotched Mountain Foundation (EIN: 20222168) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Crotched Mountain Foundation spend its money?
Crotched Mountain Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Crotched Mountain Foundation tax-deductible?
Crotched Mountain Foundation is registered as a tax-exempt nonprofit (EIN: 20222168). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Crotched Mountain Foundation's spending goes to programs?
Crotched Mountain Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Crotched Mountain Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Crotched Mountain Foundation is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Crotched Mountain Foundation located?
Crotched Mountain Foundation is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20222168. It is classified under NTEE code P200.
How many years of IRS 990 filings does Crotched Mountain Foundation have?
Crotched Mountain Foundation has 13 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 $3.4M in total revenue.
Why has Crotched Mountain Foundation's revenue declined so significantly from $10,227,273 in 201406 to $1,868,033 in 202306?
The provided data does not specify the reasons for the substantial decline in revenue. This trend warrants further investigation into changes in funding sources, program scope, or operational strategy.
What caused the large expense spike to $25,159,458 in the 202106 fiscal period?
The IRS 990 data does not provide a detailed explanation for this significant increase in expenses. It could be due to one-time capital expenditures, a major program expansion, or other operational changes that would require reviewing the full Form 990 for that period.
How does Crotched Mountain Foundation plan to address the recurring instances where expenses exceed revenue, such as in 202306 ($2,254,488 expenses vs. $1,868,033 revenue)?
The filings indicate a pattern of expenses exceeding revenue in several periods. While the organization has substantial assets to draw upon, this trend is not sustainable long-term without a clear strategy for increasing revenue or reducing expenses. The specific plans are not detailed in the provided summary data.
Filing History
IRS 990 filing history for Crotched Mountain Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Crotched Mountain Foundation's revenue has declined by 82%, moving from $10.4M to $1.9M. Total assets decreased by 39.6% over the same period, from $60.3M to $36.4M. Total functional expenses fell by 73.3%, from $8.4M to $2.3M. In its most recent filing year (2023), Crotched Mountain Foundation reported a deficit of $386K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $36.4M in assets (debt-to-asset ratio: 6.2%), resulting in net assets of $34.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.3M | $36.4M | $2.3M | — | View 990 |
| 2022 | $3.9M | $2.1M | $33.4M | $759K | — | View 990 |
| 2021 | $4.6M | $25.2M | $33.3M | $1.2M | — | View 990 |
| 2020 | $5.5M | $6.0M | $47.9M | $601K | — | View 990 |
| 2019 | $5.6M | $10.6M | $49.5M | $768K | — | View 990 |
| 2018 | $5.1M | $6.5M | $52.8M | $708K | — | View 990 |
| 2017 | $6.4M | $14.4M | $52.4M | $926K | — | View 990 |
| 2016 | $6.8M | $11.7M | $57.4M | $665K | — | View 990 |
| 2015 | $8.1M | $9.4M | $64.5M | $712K | — | View 990 |
| 2014 | $10.2M | $7.0M | $67.6M | $705K | — | View 990 |
| 2013 | $9.2M | $6.8M | $60.1M | $975K | — | View 990 |
| 2012 | $7.8M | $6.8M | $55.8M | $1.6M | — | View 990 |
| 2011 | $10.4M | $8.4M | $60.3M | $4.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.3M, and assets of $36.4M (revenue -51.6% year-over-year).
- 2022: Revenue of $3.9M, expenses of $2.1M, and assets of $33.4M (revenue -15.4% year-over-year).
- 2021: Revenue of $4.6M, expenses of $25.2M, and assets of $33.3M (revenue -16.6% year-over-year).
- 2020: Revenue of $5.5M, expenses of $6.0M, and assets of $47.9M (revenue -2.1% year-over-year).
- 2019: Revenue of $5.6M, expenses of $10.6M, and assets of $49.5M (revenue +9.4% year-over-year).
- 2018: Revenue of $5.1M, expenses of $6.5M, and assets of $52.8M (revenue -20.4% year-over-year).
- 2017: Revenue of $6.4M, expenses of $14.4M, and assets of $52.4M (revenue -6.0% year-over-year).
- 2016: Revenue of $6.8M, expenses of $11.7M, and assets of $57.4M (revenue -16.1% year-over-year).
- 2015: Revenue of $8.1M, expenses of $9.4M, and assets of $64.5M (revenue -20.5% year-over-year).
- 2014: Revenue of $10.2M, expenses of $7.0M, and assets of $67.6M (revenue +10.6% year-over-year).
- 2013: Revenue of $9.2M, expenses of $6.8M, and assets of $60.1M (revenue +19.2% year-over-year).
- 2012: Revenue of $7.8M, expenses of $6.8M, and assets of $55.8M (revenue -25.3% year-over-year).
- 2011: Revenue of $10.4M, expenses of $8.4M, and assets of $60.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crotched Mountain Foundation:
Data Sources and Methodology
This transparency report for Crotched Mountain Foundation 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.