Huajatolla Valley Estates Incorporated
Huajatolla Valley Estates operates with consistent deficits, drawing down assets, but maintains 0% officer compensation.
EIN: 113679067 · La Veta, CO · NTEE: Y220 · Updated: 2026-03-28
Is Huajatolla Valley Estates Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Huajatolla Valley Estates Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Huajatolla Valley Estates Incorporated
Huajatolla Valley Estates Incorporated (EIN: 113679067) is a nonprofit organization based in La Veta, CO, classified under NTEE code Y220. The organization reported total revenue of $127K and total assets of $639K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huajatolla Valley Estates Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huajatolla Valley Estates Incorporated is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $119K |
| Surplus / Deficit | $-18,803 |
| Total Assets | $656K |
| Total Liabilities | $388K |
| Net Assets | $268K |
| Operating Margin | -18.8% |
| Debt-to-Asset Ratio | 59.1% |
| Months of Reserves | 66.1 months |
Financial Health Grade: C
In 2023, Huajatolla Valley Estates Incorporated reported a deficit of $19K with expenses exceeding revenue, holds 66.1 months of operating reserves (strong position), has a debt-to-asset ratio of 59.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Huajatolla Valley Estates Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.2% | -24.4% | -3.9% |
| 2022 | +16.5% | +18.5% | -8.0% |
| 2021 | -1.2% | +5.3% | -6.3% |
| 2020 | -0.1% | +13.2% | -5.0% |
| 2019 | -2.8% | +42.2% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Huajatolla Valley Estates Incorporated with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Huajatolla Valley Estates Incorporated 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 59.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer or compensated through non-officer roles, which is highly commendable for a small organization of its 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 Huajatolla Valley Estates Incorporated's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $18,803 in 2023, $51,833 in 2022)
- Declining asset base over the past five years (from $834,080 in 2019 to $655,622 in 2023)
Strengths
The following positive indicators were identified for Huajatolla Valley Estates Incorporated:
- Consistent 0% officer compensation, indicating efficient use of funds for mission
- Regular and transparent IRS 990 filings
- Stable revenue stream, generally around $90,000 - $100,000 annually (excluding 2015 spike)
Frequently Asked Questions about Huajatolla Valley Estates Incorporated
Is Huajatolla Valley Estates Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Huajatolla Valley Estates Incorporated (EIN: 113679067) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Huajatolla Valley Estates Incorporated spend its money?
Huajatolla Valley Estates Incorporated directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Huajatolla Valley Estates Incorporated tax-deductible?
Huajatolla Valley Estates Incorporated is registered as a tax-exempt nonprofit (EIN: 113679067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Huajatolla Valley Estates Incorporated financially sustainable given its recurring deficits?
The organization has experienced operating deficits in most recent years (e.g., $18,803 in 2023, $51,833 in 2022), leading to a decline in assets from $834,080 in 2019 to $655,622 in 2023. While current assets can cover liabilities, this trend is not sustainable long-term without increased revenue or reduced expenses.
What are the primary drivers of the organization's expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, or fundraising categories. However, given its NTEE code Y220 (housing for elderly/disabled), it's likely that property maintenance, utilities, and direct resident support are significant cost drivers.
How does the organization manage its liabilities?
Liabilities have remained relatively stable over the years, ranging from $387,745 to $446,859. In 2023, liabilities were $387,745 against assets of $655,622, indicating that assets comfortably cover liabilities, though the consistent level suggests ongoing debt or obligations.
Filing History
IRS 990 filing history for Huajatolla Valley Estates Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Huajatolla Valley Estates Incorporated's revenue has grown by 79.7%, moving from $56K to $100K. Total assets increased by 865% over the same period, from $68K to $656K. Total functional expenses rose by 58.4%, from $75K to $119K. In its most recent filing year (2023), Huajatolla Valley Estates Incorporated reported a deficit of $19K, with expenses exceeding revenue. The organization holds $388K in liabilities against $656K in assets (debt-to-asset ratio: 59.1%), resulting in net assets of $268K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $119K | $656K | $388K | — | — |
| 2022 | $106K | $157K | $683K | $396K | — | View 990 |
| 2021 | $91K | $133K | $742K | $404K | — | View 990 |
| 2020 | $92K | $126K | $792K | $411K | — | — |
| 2019 | $92K | $111K | $834K | $419K | — | — |
| 2018 | $94K | $78K | $861K | $426K | — | View 990 |
| 2017 | $102K | $110K | $852K | $433K | — | View 990 |
| 2016 | $106K | $111K | $867K | $440K | — | View 990 |
| 2015 | $340K | $81K | $878K | $447K | — | View 990 |
| 2014 | $63K | $57K | $625K | $604K | — | View 990 |
| 2013 | $63K | $58K | $65K | $49K | — | View 990 |
| 2012 | $62K | $69K | $62K | $51K | — | View 990 |
| 2011 | $56K | $75K | $68K | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $100K, expenses of $119K, and assets of $656K (revenue -5.2% year-over-year).
- 2022: Revenue of $106K, expenses of $157K, and assets of $683K (revenue +16.5% year-over-year).
- 2021: Revenue of $91K, expenses of $133K, and assets of $742K (revenue -1.2% year-over-year).
- 2020: Revenue of $92K, expenses of $126K, and assets of $792K (revenue -0.1% year-over-year).
- 2019: Revenue of $92K, expenses of $111K, and assets of $834K (revenue -2.8% year-over-year).
- 2018: Revenue of $94K, expenses of $78K, and assets of $861K (revenue -7.4% year-over-year).
- 2017: Revenue of $102K, expenses of $110K, and assets of $852K (revenue -3.8% year-over-year).
- 2016: Revenue of $106K, expenses of $111K, and assets of $867K (revenue -68.8% year-over-year).
- 2015: Revenue of $340K, expenses of $81K, and assets of $878K (revenue +443.0% year-over-year).
- 2014: Revenue of $63K, expenses of $57K, and assets of $625K (revenue +0.0% year-over-year).
- 2013: Revenue of $63K, expenses of $58K, and assets of $65K (revenue +1.8% year-over-year).
- 2012: Revenue of $62K, expenses of $69K, and assets of $62K (revenue +10.4% year-over-year).
- 2011: Revenue of $56K, expenses of $75K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Huajatolla Valley Estates Incorporated:
Data Sources and Methodology
This transparency report for Huajatolla Valley Estates Incorporated 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.