Evergreen Drive Water Corporation
Evergreen Drive Water Corporation reported $0 revenue and assets, with its last filing in 2011 showing liabilities exceeding assets.
EIN: 20363700 · Bow, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $16K |
| Program Spending | 80% |
| Net Assets | $-9,459 |
| Transparency Score | 40/100 |
Is Evergreen Drive Water Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Evergreen Drive Water Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Evergreen Drive Water Corporation
Evergreen Drive Water Corporation (EIN: 20363700) is a nonprofit organization based in Bow, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Evergreen Drive Water Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Evergreen Drive Water Corporation is a micro nonprofit that has been operating for 44 years.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $16K |
| Surplus / Deficit | +$11K |
| Total Assets | $56K |
| Total Liabilities | $65K |
| Net Assets | $-9,459 |
| Operating Margin | 41.2% |
| Debt-to-Asset Ratio | 117.0% |
| Months of Reserves | 41.7 months |
Financial Health Grade: A
In 2011, Evergreen Drive Water Corporation reported a surplus of $11K with revenue exceeding expenses, holds 41.7 months of operating reserves (strong position), has a debt-to-asset ratio of 117.0% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
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 Evergreen Drive Water Corporation with a Mission Score of 40 out of 100 (Fair). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Evergreen Drive Water Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 117.0%.
Executive Compensation Analysis
Officer compensation was reported as 0% in the 2011 filing, indicating that the organization's leadership was likely volunteer-based or compensated through other means not categorized as officer compensation, which is appropriate for an organization of this size.
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 Evergreen Drive Water Corporation's IRS 990 filings:
- No recent IRS 990 filings available after 2011.
- Reported current revenue and assets are $0.
- Liabilities ($65,176) exceeded assets ($55,717) in the last available filing (2011).
Strengths
The following positive indicators were identified for Evergreen Drive Water Corporation:
- No officer compensation reported in 2011, suggesting volunteer leadership.
Frequently Asked Questions about Evergreen Drive Water Corporation
Is Evergreen Drive Water Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Evergreen Drive Water Corporation (EIN: 20363700) significant concerns. Mission Score: 40/100. 3 red flags identified, 1 strength noted.
How does Evergreen Drive Water Corporation spend its money?
Evergreen Drive Water Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Evergreen Drive Water Corporation tax-deductible?
Evergreen Drive Water Corporation is registered as a tax-exempt nonprofit (EIN: 20363700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Evergreen Drive Water Corporation's spending goes to programs?
Evergreen Drive Water Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Evergreen Drive Water Corporation located?
Evergreen Drive Water Corporation is headquartered in Bow, New Hampshire and files with the IRS under EIN 20363700.
Is Evergreen Drive Water Corporation still operational?
The current data showing $0 revenue and assets, combined with the last filing being from 2011, strongly suggests the organization may no longer be active or has ceased operations.
What caused the liabilities to exceed assets in 2011?
The 2011 filing shows liabilities of $65,176 against assets of $55,717. Without more detailed financial statements, the specific causes cannot be determined, but it indicates a negative net asset position at that time.
Why are there no more recent IRS 990 filings?
The absence of filings after 2011 could mean the organization dissolved, no longer meets the filing threshold, or is delinquent in its reporting obligations.
Filing History
IRS 990 filing history for Evergreen Drive Water Corporation showing financial trends over 1 year of public records:
In its most recent filing year (2011), Evergreen Drive Water Corporation reported a surplus of $11K, with revenue exceeding expenses. The organization holds $65K in liabilities against $56K in assets (debt-to-asset ratio: 117.0%), resulting in net assets of $-9,459.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $27K | $16K | $56K | $65K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Evergreen Drive Water Corporation:
Data Sources and Methodology
This transparency report for Evergreen Drive Water Corporation 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.