Headwaters Trail System
Headwaters Trail System shows consistent revenue and asset growth with zero liabilities and no officer compensation.
EIN: 208266086 · Three Forks, MT · NTEE: C50 · Updated: 2026-03-28
Is Headwaters Trail System Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Headwaters Trail System directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Headwaters Trail System
Headwaters Trail System (EIN: 208266086) is a nonprofit organization based in Three Forks, MT, classified under NTEE code C50. The organization reported total revenue of $303K and total assets of $798K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Headwaters Trail System'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 Headwaters Trail System with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Headwaters Trail System allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Headwaters Trail System reports 0% officer compensation across all three filings, indicating that no executive salaries are paid, which is highly commendable for a nonprofit of its size and mission focus.
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.
Strengths
The following positive indicators were identified for Headwaters Trail System:
- Consistent revenue growth (from $69,699 in 2020 to $181,501 in 2022)
- Significant asset growth (from $135,937 in 2020 to $430,782 in 2022)
- Zero reported liabilities across all filings, indicating strong financial stability
- 0% officer compensation, demonstrating high commitment to mission and efficiency
- Very low expense ratio relative to revenue, suggesting efficient use of funds
Frequently Asked Questions about Headwaters Trail System
Is Headwaters Trail System a legitimate charity?
Based on AI analysis of IRS 990 filings, Headwaters Trail System (EIN: 208266086) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Headwaters Trail System spend its money?
Headwaters Trail System directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Headwaters Trail System tax-deductible?
Headwaters Trail System is registered as a tax-exempt nonprofit (EIN: 208266086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Headwaters Trail System a good charity?
Yes, Headwaters Trail System appears to be a very good charity. It demonstrates strong financial health, efficient spending, consistent growth, and a clear commitment to its mission with no reported officer compensation.
How has Headwaters Trail System's financial health changed over the past three years?
The organization's financial health has significantly improved, with revenue growing from $69,699 in 2020 to $181,501 in 2022, and assets increasing from $135,937 to $430,782 over the same period. Liabilities remained at $0.
What is Headwaters Trail System's spending efficiency?
Headwaters Trail System exhibits excellent spending efficiency. For example, in 2022, expenses were only $30,969 against $181,501 in revenue, indicating a very high proportion of funds are retained or directly applied to its mission.
Filing History
IRS 990 filing history for Headwaters Trail System showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Headwaters Trail System's revenue has grown by 160.4%, moving from $70K to $182K. Total assets increased by 216.9% over the same period, from $136K to $431K. Total functional expenses rose by 48.9%, from $21K to $31K. In its most recent filing year (2022), Headwaters Trail System reported a surplus of $151K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $182K | $31K | $431K | $0 | — | View 990 |
| 2021 | $91K | $27K | $275K | $0 | — | View 990 |
| 2020 | $70K | $21K | $136K | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $182K, expenses of $31K, and assets of $431K (revenue +100.4% year-over-year).
- 2021: Revenue of $91K, expenses of $27K, and assets of $275K (revenue +29.9% year-over-year).
- 2020: Revenue of $70K, expenses of $21K, and assets of $136K.
Data Sources and Methodology
This transparency report for Headwaters Trail System 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.