Green Valley Association
Green Valley Association reports significant deficit and zero assets in latest filing after sharp revenue decline.
EIN: 10281533 · Island Falls, ME · NTEE: P820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Transparency Score | 65/100 |
Is Green Valley Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Green Valley Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Green Valley Association
Green Valley Association (EIN: 10281533) is a nonprofit organization based in Island Falls, ME, classified under NTEE code P820. The organization reported total revenue of $1.1M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Green Valley Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Green Valley Association is a mid-size nonprofit that has been operating for 44 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of -6.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-317,966 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -29.8% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2022, Green Valley Association reported a deficit of $318K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2012–2022), Green Valley Association's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -64.6% | -48.3% | -100.0% |
| 2021 | +29.6% | +17.2% | -1.2% |
| 2020 | -2.4% | +3.5% | +21.1% |
| 2019 | +12.5% | +14.9% | +19.6% |
| 2018 | +7.9% | -1.1% | +20.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Green Valley Association 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: 85%
- fundraising: 5%
According to IRS 990 filings, Green Valley Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $318K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with over $1 million in annual revenue.
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 Green Valley Association's IRS 990 filings:
- Significant deficit in the latest fiscal period (202206) with expenses exceeding revenue by over $300,000.
- Reported $0 in assets and liabilities in the latest filing (202206), which is highly unusual and potentially indicative of a reporting error or significant operational change.
- Sharp decline in revenue from $3,007,131 in 2021 to $1,065,521 in 2022, raising questions about funding stability.
- Lack of detailed spending breakdown (program, admin, fundraising) in the provided summary data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Green Valley Association:
- Consistent IRS 990 filing history over many years, indicating a commitment to transparency.
- Reported 0% officer compensation across all filings, suggesting a focus on minimizing executive overhead.
- Historically operated with surpluses in most years prior to 2022, demonstrating past financial health.
Frequently Asked Questions about Green Valley Association
Is Green Valley Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Green Valley Association (EIN: 10281533) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Green Valley Association spend its money?
Green Valley Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Green Valley Association tax-deductible?
Green Valley Association is registered as a tax-exempt nonprofit (EIN: 10281533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Green Valley Association CEO make?
Green Valley Association's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Green Valley Association's spending goes to programs?
Green Valley Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Green Valley Association compare to similar nonprofits?
With a transparency score of 65/100 (Good), Green Valley Association is above average for NTEE category P820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Green Valley Association located?
Green Valley Association is headquartered in Island Falls, Maine and files with the IRS under EIN 10281533. It is classified under NTEE code P820.
How many years of IRS 990 filings does Green Valley Association have?
Green Valley Association has 11 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 $1.1M in total revenue.
Why did Green Valley Association's revenue drop from over $3 million in 2021 to just over $1 million in 2022?
The provided data shows a significant decrease in revenue from $3,007,131 in Period 202106 to $1,065,521 in Period 202206. The reason for this sharp decline is not detailed in the summary data and would require reviewing the full IRS 990 forms for an explanation.
What caused the $0 assets and liabilities reported in the 2022 filing?
The reporting of $0 in both assets and liabilities for Period 202206 is highly unusual for an organization with over $1 million in revenue and expenses. This could indicate a data entry error, a significant restructuring, or a change in reporting methodology that would need to be clarified by the organization.
Is Green Valley Association financially sustainable given the recent deficit?
In Period 202206, Green Valley Association incurred expenses of $1,383,487 against revenue of $1,065,521, resulting in a deficit. While previous years generally showed surpluses, this recent deficit, coupled with the reported $0 assets, raises concerns about its short-term financial sustainability without further information on funding sources or reserves.
How does Green Valley Association manage without officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, which is a notable operational model for an organization of this size.
Filing History
IRS 990 filing history for Green Valley Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Green Valley Association's revenue has declined by 47.9%, moving from $2.0M to $1.1M. Total assets decreased by 100% over the same period, from $1.2M to $0. Total functional expenses fell by 31.4%, from $2.0M to $1.4M. In its most recent filing year (2022), Green Valley Association reported a deficit of $318K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.1M | $1.4M | $0 | $0 | — | View 990 |
| 2021 | $3.0M | $2.7M | $2.1M | $301K | — | View 990 |
| 2020 | $2.3M | $2.3M | $2.1M | $652K | — | View 990 |
| 2019 | $2.4M | $2.2M | $1.8M | $319K | — | View 990 |
| 2018 | $2.1M | $1.9M | $1.5M | $210K | — | View 990 |
| 2017 | $2.0M | $1.9M | $1.2M | $168K | — | View 990 |
| 2016 | $2.0M | $2.0M | $1.2M | $218K | — | View 990 |
| 2015 | $2.0M | $2.0M | $1.3M | $199K | — | View 990 |
| 2014 | $1.9M | $1.9M | $1.3M | $204K | — | View 990 |
| 2013 | $1.9M | $1.9M | $1.3M | $217K | — | View 990 |
| 2012 | $2.0M | $2.0M | $1.2M | $201K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.1M, expenses of $1.4M, and assets of $0 (revenue -64.6% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.7M, and assets of $2.1M (revenue +29.6% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.3M, and assets of $2.1M (revenue -2.4% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.2M, and assets of $1.8M (revenue +12.5% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.9M, and assets of $1.5M (revenue +7.9% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.9M, and assets of $1.2M (revenue -1.4% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.0M, and assets of $1.2M (revenue +1.4% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $1.3M (revenue +1.4% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.9M, and assets of $1.3M (revenue -0.7% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.9M, and assets of $1.3M (revenue -4.9% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.0M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Green Valley Association:
Data Sources and Methodology
This transparency report for Green Valley 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.