Fraser Valley Recreation Foundation
Fraser Valley Recreation Foundation shows fluctuating finances with recent asset growth tied to increased liabilities.
EIN: 200152171 · Winter Park, CO · NTEE: N11 · Updated: 2026-03-28
Is Fraser Valley Recreation Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fraser Valley Recreation Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fraser Valley Recreation Foundation
Fraser Valley Recreation Foundation (EIN: 200152171) is a nonprofit organization based in Winter Park, CO, classified under NTEE code N11. The organization reported total revenue of $188K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fraser Valley Recreation Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fraser Valley Recreation Foundation is a small nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -24.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $3K |
| Surplus / Deficit | $-601 |
| Total Assets | $178K |
| Total Liabilities | $165K |
| Net Assets | $13K |
| Operating Margin | -31.2% |
| Debt-to-Asset Ratio | 92.9% |
| Months of Reserves | 843.2 months |
Financial Health Grade: C
In 2023, Fraser Valley Recreation Foundation reported a deficit of $601 with expenses exceeding revenue, holds 843.2 months of operating reserves (strong position), has a debt-to-asset ratio of 92.9% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Fraser Valley Recreation Foundation's revenue has declined at a compound annual growth rate (CAGR) of -24.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.0% | +26.7% | +16.6% |
| 2022 | -28.5% | -51.1% | +950.5% |
| 2019 | -92.1% | -94.7% | +11.8% |
| 2018 | +661.2% | +1009.8% | -32.9% |
| 2017 | -24.7% | -36.0% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Fraser Valley Recreation 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Fraser Valley Recreation Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $601, with expenses exceeding revenue.
- Debt-to-asset ratio: 92.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not receiving salaries, which is positive for a small 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 Fraser Valley Recreation Foundation's IRS 990 filings:
- Significant increase in liabilities to $164,921 in 2023, representing a large portion of assets.
- Highly inconsistent revenue and expense patterns over the past decade, indicating financial instability.
- Expenses exceeding revenue in multiple years (e.g., 2015, 2018, 2023) without clear explanation for deficit funding.
Strengths
The following positive indicators were identified for Fraser Valley Recreation Foundation:
- Consistent reporting of 0% officer compensation, indicating no executive salaries.
- Demonstrated ability to increase assets significantly in some periods, reaching $177,554 in 2023.
- Long filing history (11 filings) suggests ongoing operational commitment.
Frequently Asked Questions about Fraser Valley Recreation Foundation
Is Fraser Valley Recreation Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fraser Valley Recreation Foundation (EIN: 200152171) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Fraser Valley Recreation Foundation spend its money?
Fraser Valley Recreation Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fraser Valley Recreation Foundation tax-deductible?
Fraser Valley Recreation Foundation is registered as a tax-exempt nonprofit (EIN: 200152171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in liabilities to $164,921 in 2023?
The filings do not specify the nature of these liabilities, but they represent a substantial portion of the organization's assets ($177,554) in the same period, suggesting potential debt or restricted funds.
How does the organization manage its highly variable revenue and expenses year-to-year?
The financial data shows significant swings, such as revenue of $70,809 in 2018 dropping to $5,613 in 2019, and expenses of $156,504 in 2015 compared to $7,536 in 2014. This volatility suggests a need for more consistent funding strategies.
What are the primary sources of funding for the Fraser Valley Recreation Foundation?
The provided data only shows total revenue, not specific sources. Given the fluctuations, it would be beneficial to understand if funding comes from grants, donations, or program fees.
Filing History
IRS 990 filing history for Fraser Valley Recreation Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Fraser Valley Recreation Foundation's revenue has declined by 96.7%, moving from $59K to $2K. Total assets increased by 914.5% over the same period, from $18K to $178K. Total functional expenses fell by 96.1%, from $65K to $3K. In its most recent filing year (2023), Fraser Valley Recreation Foundation reported a deficit of $601, with expenses exceeding revenue. The organization holds $165K in liabilities against $178K in assets (debt-to-asset ratio: 92.9%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $3K | $178K | $165K | — | — |
| 2022 | $4K | $2K | $152K | $139K | — | View 990 |
| 2019 | $6K | $4K | $14K | $6K | — | View 990 |
| 2018 | $71K | $77K | $13K | $0 | — | View 990 |
| 2017 | $9K | $7K | $19K | $0 | — | View 990 |
| 2016 | $12K | $11K | $17K | $0 | — | View 990 |
| 2015 | $74K | $157K | $16K | $570 | — | View 990 |
| 2014 | $92K | $8K | $120K | $22K | — | View 990 |
| 2013 | $8K | $6K | $13K | $23 | — | View 990 |
| 2012 | $20K | $24K | $11K | $23 | — | View 990 |
| 2011 | $59K | $65K | $18K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $3K, and assets of $178K (revenue -52.0% year-over-year).
- 2022: Revenue of $4K, expenses of $2K, and assets of $152K (revenue -28.5% year-over-year).
- 2019: Revenue of $6K, expenses of $4K, and assets of $14K (revenue -92.1% year-over-year).
- 2018: Revenue of $71K, expenses of $77K, and assets of $13K (revenue +661.2% year-over-year).
- 2017: Revenue of $9K, expenses of $7K, and assets of $19K (revenue -24.7% year-over-year).
- 2016: Revenue of $12K, expenses of $11K, and assets of $17K (revenue -83.4% year-over-year).
- 2015: Revenue of $74K, expenses of $157K, and assets of $16K (revenue -19.5% year-over-year).
- 2014: Revenue of $92K, expenses of $8K, and assets of $120K (revenue +1108.0% year-over-year).
- 2013: Revenue of $8K, expenses of $6K, and assets of $13K (revenue -61.2% year-over-year).
- 2012: Revenue of $20K, expenses of $24K, and assets of $11K (revenue -66.7% year-over-year).
- 2011: Revenue of $59K, expenses of $65K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fraser Valley Recreation Foundation:
Data Sources and Methodology
This transparency report for Fraser Valley Recreation 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.