Eventide West Fargo Llc
Eventide West Fargo Llc consistently generates surpluses and has grown assets, with no reported officer compensation.
EIN: 204531061 · Moorhead, MN · NTEE: L220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.2M |
| Total Expenses | $4.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $3.0M |
| Transparency Score | 85/100 |
Is Eventide West Fargo Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eventide West Fargo Llc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eventide West Fargo Llc
Eventide West Fargo Llc (EIN: 204531061) is a nonprofit organization based in Moorhead, MN, classified under NTEE code L220. The organization reported total revenue of $6.2M and total assets of $23.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eventide West Fargo Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eventide West Fargo Llc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.8M |
| Total Expenses | $4.7M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $22.6M |
| Total Liabilities | $19.6M |
| Net Assets | $3.0M |
| Operating Margin | 19.0% |
| Debt-to-Asset Ratio | 86.8% |
| Months of Reserves | 57.8 months |
Financial Health Grade: A
In 2023, Eventide West Fargo Llc reported a surplus of $1.1M with revenue exceeding expenses, holds 57.8 months of operating reserves (strong position), has a debt-to-asset ratio of 86.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eventide West Fargo Llc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.6% | +3.5% | +1.1% |
| 2022 | -2.9% | +10.1% | +34.8% |
| 2021 | +3.2% | -5.5% | +1.4% |
| 2020 | -4.7% | +1.1% | +0.1% |
| 2019 | +1.4% | +2.7% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Eventide West Fargo Llc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Eventide West Fargo Llc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 86.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with revenues exceeding $5 million annually. This suggests either a fully volunteer executive leadership or that executive salaries are embedded within other expense categories, which could obscure a complete picture of compensation.
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 Eventide West Fargo Llc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting full efficiency analysis.
- 0% officer compensation for an organization of this size could indicate hidden executive compensation within other expense categories.
Strengths
The following positive indicators were identified for Eventide West Fargo Llc:
- Consistent revenue generation and financial surpluses, such as $1,099,920 surplus in 202309 ($5,797,659 revenue - $4,697,739 expenses).
- Significant asset growth from $18,544,115 in 201409 to $22,612,124 in 202309.
- Excellent transparency regarding officer compensation (reported as 0%).
- Consistent filing of IRS Form 990 over 13 periods, demonstrating regulatory compliance.
Frequently Asked Questions about Eventide West Fargo Llc
Is Eventide West Fargo Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eventide West Fargo Llc (EIN: 204531061) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Eventide West Fargo Llc spend its money?
Eventide West Fargo Llc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eventide West Fargo Llc tax-deductible?
Eventide West Fargo Llc is registered as a tax-exempt nonprofit (EIN: 204531061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Eventide West Fargo Llc CEO make?
Eventide West Fargo Llc's highest-compensated officer earns $5 annually. The organization reported $6.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Eventide West Fargo Llc's spending goes to programs?
Eventide West Fargo Llc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eventide West Fargo Llc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Eventide West Fargo Llc is above average for NTEE category L220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eventide West Fargo Llc located?
Eventide West Fargo Llc is headquartered in Moorhead, Minnesota and files with the IRS under EIN 204531061. It is classified under NTEE code L220.
How many years of IRS 990 filings does Eventide West Fargo Llc have?
Eventide West Fargo Llc 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 $6.2M in total revenue.
Is Eventide West Fargo Llc a good charity?
Based on the available financial data, Eventide West Fargo Llc appears to be a financially stable organization with consistent revenue generation and asset growth. The consistent surpluses and lack of reported officer compensation are positive indicators. However, without a detailed breakdown of program vs. administrative expenses, a definitive assessment of its 'goodness' as a charity is limited, though the overall financial health is strong.
How has Eventide West Fargo Llc's financial health changed over the last decade?
Eventide West Fargo Llc has shown significant financial improvement over the last decade. Its assets have grown from $18,544,115 in 201409 to $22,612,124 in 202309. While liabilities were substantial in earlier periods, the organization has consistently generated surpluses, with revenues exceeding expenses, such as $5,797,659 in revenue against $4,697,739 in expenses for 202309, indicating a strengthening financial position.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly significant. It could mean that the organization's executive leadership is entirely volunteer-based, which is rare for an entity with over $5 million in annual revenue. Alternatively, executive compensation might be categorized under other operational expenses, which would make it less transparent and harder to assess the true cost of leadership.
Filing History
IRS 990 filing history for Eventide West Fargo Llc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eventide West Fargo Llc's revenue has grown by 48.4%, moving from $3.9M to $5.8M. Total assets increased by 15.7% over the same period, from $19.5M to $22.6M. Total functional expenses rose by 21.4%, from $3.9M to $4.7M. In its most recent filing year (2023), Eventide West Fargo Llc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $19.6M in liabilities against $22.6M in assets (debt-to-asset ratio: 86.8%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.8M | $4.7M | $22.6M | $19.6M | — | View 990 |
| 2022 | $4.8M | $4.5M | $22.4M | $20.5M | — | View 990 |
| 2021 | $5.0M | $4.1M | $16.6M | $15.0M | — | View 990 |
| 2020 | $4.8M | $4.4M | $16.4M | $15.7M | — | View 990 |
| 2019 | $5.1M | $4.3M | $16.3M | $16.1M | — | View 990 |
| 2018 | $5.0M | $4.2M | $16.1M | $16.6M | — | View 990 |
| 2017 | $4.9M | $4.1M | $15.7M | $17.1M | — | View 990 |
| 2016 | $4.9M | $3.9M | $15.5M | $17.6M | — | View 990 |
| 2015 | $4.8M | $4.7M | $15.8M | $18.2M | — | View 990 |
| 2014 | $4.6M | $4.3M | $18.5M | $20.2M | — | View 990 |
| 2013 | $4.2M | $4.2M | $18.8M | $20.7M | — | View 990 |
| 2012 | $4.1M | $4.0M | $18.9M | $20.9M | — | View 990 |
| 2011 | $3.9M | $3.9M | $19.5M | $21.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.8M, expenses of $4.7M, and assets of $22.6M (revenue +19.6% year-over-year).
- 2022: Revenue of $4.8M, expenses of $4.5M, and assets of $22.4M (revenue -2.9% year-over-year).
- 2021: Revenue of $5.0M, expenses of $4.1M, and assets of $16.6M (revenue +3.2% year-over-year).
- 2020: Revenue of $4.8M, expenses of $4.4M, and assets of $16.4M (revenue -4.7% year-over-year).
- 2019: Revenue of $5.1M, expenses of $4.3M, and assets of $16.3M (revenue +1.4% year-over-year).
- 2018: Revenue of $5.0M, expenses of $4.2M, and assets of $16.1M (revenue +2.0% year-over-year).
- 2017: Revenue of $4.9M, expenses of $4.1M, and assets of $15.7M (revenue -0.1% year-over-year).
- 2016: Revenue of $4.9M, expenses of $3.9M, and assets of $15.5M (revenue +2.9% year-over-year).
- 2015: Revenue of $4.8M, expenses of $4.7M, and assets of $15.8M (revenue +3.9% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.3M, and assets of $18.5M (revenue +10.4% year-over-year).
- 2013: Revenue of $4.2M, expenses of $4.2M, and assets of $18.8M (revenue +1.6% year-over-year).
- 2012: Revenue of $4.1M, expenses of $4.0M, and assets of $18.9M (revenue +4.8% year-over-year).
- 2011: Revenue of $3.9M, expenses of $3.9M, and assets of $19.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eventide West Fargo Llc:
Data Sources and Methodology
This transparency report for Eventide West Fargo Llc 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.