Fairway Canyon Community Association
Fairway Canyon Community Association maintains stable operations with fluctuating assets and liabilities, reporting no officer compensation.
EIN: 201592678 · Beaumont, CA · NTEE: L50 · Updated: 2026-03-28
Is Fairway Canyon Community Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fairway Canyon Community Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fairway Canyon Community Association
Fairway Canyon Community Association (EIN: 201592678) is a nonprofit organization based in Beaumont, CA, classified under NTEE code L50. The organization reported total revenue of $5.0M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairway Canyon Community Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fairway Canyon Community Association 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Fairway Canyon Community Association allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through mechanisms not captured in this specific IRS 990 field. This indicates a potentially low overhead for leadership salaries relative to the organization's size and revenue, which reached $4,343,831 in 2023.
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 Fairway Canyon Community Association's IRS 990 filings:
- Significant liabilities, occasionally exceeding assets (e.g., 2020 liabilities $9,177,589 vs. assets $8,917,677)
- One year of significant deficit spending (2022: expenses $4,239,568 vs. revenue $3,524,262)
Strengths
The following positive indicators were identified for Fairway Canyon Community Association:
- Consistent filing of IRS 990s over 13 periods, demonstrating regulatory compliance and transparency.
- No reported officer compensation, indicating potentially low administrative overhead for leadership.
- General trend of revenue growth over the past decade, suggesting increasing capacity.
- Assets generally exceed liabilities, indicating a healthy balance sheet in most years (e.g., 2023 assets $6,695,913 vs. liabilities $6,182,526).
Frequently Asked Questions about Fairway Canyon Community Association
Is Fairway Canyon Community Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Fairway Canyon Community Association (EIN: 201592678) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Fairway Canyon Community Association spend its money?
Fairway Canyon Community Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fairway Canyon Community Association tax-deductible?
Fairway Canyon Community Association is registered as a tax-exempt nonprofit (EIN: 201592678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Fairway Canyon Community Association financially stable?
Yes, the organization generally maintains financial stability, with revenues often exceeding expenses. For example, in 2023, revenue was $4,343,831 against expenses of $4,226,230. However, there was a deficit in 2022 where expenses ($4,239,568) surpassed revenue ($3,524,262), indicating some year-to-year variability.
How does Fairway Canyon Community Association manage its liabilities?
The organization has significant liabilities, which at times have exceeded its assets, such as in 2020 where liabilities were $9,177,589 compared to assets of $8,917,677. While assets generally exceed liabilities in other years (e.g., 2023 assets $6,695,913 vs. liabilities $6,182,526), the high liability levels warrant further investigation into their nature (e.g., deferred revenue, long-term debt).
What is the trend in the organization's revenue and expenses?
Revenue has shown a general upward trend over the past decade, increasing from $2,121,383 in 2014 to $4,343,831 in 2023. Expenses have also increased proportionally, indicating growth in operational scale. Most years show a surplus, though 2022 recorded a deficit.
Is the organization transparent about executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings. This indicates a high level of transparency in this specific area, suggesting that key officers are either volunteers or compensated in a manner not typically reported in this section, which is a positive sign for donor confidence regarding executive pay.
Filing History
IRS 990 filing history for Fairway Canyon Community Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fairway Canyon Community Association's revenue has grown by 105.5%, moving from $2.1M to $4.3M. Total assets increased by 305.1% over the same period, from $1.7M to $6.7M. Total functional expenses rose by 133.7%, from $1.8M to $4.2M. In its most recent filing year (2023), Fairway Canyon Community Association reported a surplus of $118K, with revenue exceeding expenses. The organization holds $6.2M in liabilities against $6.7M in assets (debt-to-asset ratio: 92.3%), resulting in net assets of $513K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $4.2M | $6.7M | $6.2M | — | View 990 |
| 2022 | $3.5M | $4.2M | $6.8M | $6.0M | — | View 990 |
| 2021 | $3.1M | $3.1M | $7.4M | $5.9M | — | — |
| 2020 | $2.8M | $2.6M | $8.9M | $9.2M | — | — |
| 2019 | $2.9M | $2.3M | $8.4M | $7.1M | — | View 990 |
| 2018 | $2.8M | $2.5M | $7.9M | $7.3M | — | View 990 |
| 2017 | $2.3M | $1.8M | $7.4M | $7.2M | — | — |
| 2016 | $2.0M | $2.0M | $6.9M | $5.3M | — | View 990 |
| 2015 | $2.1M | $1.6M | $3.0M | $457K | — | View 990 |
| 2014 | $2.1M | $1.7M | $2.8M | $606K | — | View 990 |
| 2013 | $2.0M | $1.6M | $2.4M | $678K | — | View 990 |
| 2012 | $2.0M | $2.1M | $2.2M | $885K | — | View 990 |
| 2011 | $2.1M | $1.8M | $1.7M | $255K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $4.2M, and assets of $6.7M (revenue +23.3% year-over-year).
- 2022: Revenue of $3.5M, expenses of $4.2M, and assets of $6.8M (revenue +12.9% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.1M, and assets of $7.4M (revenue +10.9% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.6M, and assets of $8.9M (revenue -3.0% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.3M, and assets of $8.4M (revenue +2.6% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.5M, and assets of $7.9M (revenue +22.1% year-over-year).
- 2017: Revenue of $2.3M, expenses of $1.8M, and assets of $7.4M (revenue +15.6% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.0M, and assets of $6.9M (revenue -3.2% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.6M, and assets of $3.0M (revenue -2.5% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.7M, and assets of $2.8M (revenue +8.2% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.6M, and assets of $2.4M (revenue -0.2% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.1M, and assets of $2.2M (revenue -7.1% year-over-year).
- 2011: Revenue of $2.1M, expenses of $1.8M, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Fairway Canyon Community Association 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.