International Galapagos Tour Operators Association Incorporated
International Galapagos Tour Operators Association shows volatile financial performance with frequent deficits but no executive compensation.
EIN: 161533920 · Fort Collins, CO · NTEE: Q30 · Updated: 2026-03-28
Is International Galapagos Tour Operators Association Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Galapagos Tour Operators Association Incorporated directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Galapagos Tour Operators Association Incorporated
International Galapagos Tour Operators Association Incorporated (EIN: 161533920) is a nonprofit organization based in Fort Collins, CO, classified under NTEE code Q30. The organization reported total revenue of $136K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Galapagos Tour Operators Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Galapagos Tour Operators Association Incorporated is a small nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $153K |
| Surplus / Deficit | $-46,799 |
| Total Assets | $66K |
| Net Assets | $66K |
| Operating Margin | -44.0% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, International Galapagos Tour Operators Association Incorporated reported a deficit of $47K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), International Galapagos Tour Operators Association Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.0% | +354.1% | -41.4% |
| 2022 | +342.8% | -41.1% | +336.1% |
| 2021 | -43.5% | -68.4% | -53.6% |
| 2020 | -78.5% | +141.9% | -70.6% |
| 2019 | +35.0% | -52.2% | +41.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
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 International Galapagos Tour Operators Association Incorporated with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, International Galapagos Tour Operators Association Incorporated allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $47K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's officers are not drawing salaries, which is highly unusual for an organization with its level of revenue and expenses.
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 International Galapagos Tour Operators Association Incorporated's IRS 990 filings:
- Inconsistent financial performance with frequent deficits (e.g., 2023, 2021, 2020, 2017, 2016, 2014).
- Significant fluctuations in assets, indicating potential instability or reliance on short-term funding cycles.
- Lack of detailed expense breakdown in summary data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for International Galapagos Tour Operators Association Incorporated:
- Consistent IRS 990 filing history, demonstrating transparency.
- Zero reported officer compensation across all filings, indicating a lean executive cost structure.
- Absence of liabilities in many periods (e.g., 2023, 2022), suggesting good debt management.
Frequently Asked Questions about International Galapagos Tour Operators Association Incorporated
Is International Galapagos Tour Operators Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, International Galapagos Tour Operators Association Incorporated (EIN: 161533920) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does International Galapagos Tour Operators Association Incorporated spend its money?
International Galapagos Tour Operators Association Incorporated directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to International Galapagos Tour Operators Association Incorporated tax-deductible?
International Galapagos Tour Operators Association Incorporated is registered as a tax-exempt nonprofit (EIN: 161533920). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is International Galapagos Tour Operators Association Incorporated financially stable?
The organization's financial stability is inconsistent. While it has periods of strong surpluses (e.g., 2022 with $120,801 revenue vs. $33,710 expenses), it also frequently operates at a deficit (e.g., 2023 with $106,268 revenue vs. $153,067 expenses), suggesting a need for more consistent revenue generation or expense management.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation suggests that leadership may be volunteer-based or compensated through other means not reported as officer compensation. While this can indicate a commitment to minimizing overhead, it also raises questions about the sustainability of leadership and potential reliance on unpaid labor for critical functions.
What caused the significant expense increase in 2020 and 2023?
In 2020, expenses were $181,358 against revenue of $48,315, and in 2023, expenses were $153,067 against revenue of $106,268. Without detailed expense breakdowns, it's impossible to pinpoint the exact causes, but these periods represent significant operational costs relative to income, potentially due to specific projects, events, or unforeseen expenditures.
Filing History
IRS 990 filing history for International Galapagos Tour Operators Association Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Galapagos Tour Operators Association Incorporated's revenue has grown by 5.2%, moving from $101K to $106K. Total assets decreased by 55.5% over the same period, from $149K to $66K. Total functional expenses rose by 143.1%, from $63K to $153K. In its most recent filing year (2023), International Galapagos Tour Operators Association Incorporated reported a deficit of $47K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $106K | $153K | $66K | $0 | — | — |
| 2022 | $121K | $34K | $113K | $0 | — | View 990 |
| 2021 | $27K | $57K | $26K | $0 | — | View 990 |
| 2020 | $48K | $181K | $56K | $0 | — | — |
| 2019 | $224K | $75K | $190K | $1K | — | View 990 |
| 2018 | $166K | $157K | $135K | $95K | — | View 990 |
| 2017 | $113K | $151K | $33K | $3K | — | View 990 |
| 2016 | $118K | $156K | $68K | $0 | — | View 990 |
| 2015 | $108K | $92K | $110K | $4K | — | View 990 |
| 2014 | $102K | $117K | $98K | $8K | — | View 990 |
| 2013 | $107K | $134K | $108K | $3K | — | View 990 |
| 2012 | $96K | $106K | $134K | $3K | — | View 990 |
| 2011 | $101K | $63K | $149K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $106K, expenses of $153K, and assets of $66K (revenue -12.0% year-over-year).
- 2022: Revenue of $121K, expenses of $34K, and assets of $113K (revenue +342.8% year-over-year).
- 2021: Revenue of $27K, expenses of $57K, and assets of $26K (revenue -43.5% year-over-year).
- 2020: Revenue of $48K, expenses of $181K, and assets of $56K (revenue -78.5% year-over-year).
- 2019: Revenue of $224K, expenses of $75K, and assets of $190K (revenue +35.0% year-over-year).
- 2018: Revenue of $166K, expenses of $157K, and assets of $135K (revenue +47.1% year-over-year).
- 2017: Revenue of $113K, expenses of $151K, and assets of $33K (revenue -4.4% year-over-year).
- 2016: Revenue of $118K, expenses of $156K, and assets of $68K (revenue +9.4% year-over-year).
- 2015: Revenue of $108K, expenses of $92K, and assets of $110K (revenue +5.8% year-over-year).
- 2014: Revenue of $102K, expenses of $117K, and assets of $98K (revenue -4.7% year-over-year).
- 2013: Revenue of $107K, expenses of $134K, and assets of $108K (revenue +11.9% year-over-year).
- 2012: Revenue of $96K, expenses of $106K, and assets of $134K (revenue -5.2% year-over-year).
- 2011: Revenue of $101K, expenses of $63K, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Galapagos Tour Operators Association Incorporated:
Data Sources and Methodology
This transparency report for International Galapagos Tour Operators Association 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.