Mountains Edge Master Association

Mountains Edge Master Association shows consistent revenue growth and zero officer compensation, but liabilities have significantly increased.

EIN: 200794737 · Las Vegas, NV · NTEE: S20 · Updated: 2026-03-28

$7.1MRevenue
$10.7MAssets
85/100Mission Score (Excellent)
S20
Mountains Edge Master Association Financial Summary
MetricValue
Total Revenue$7.1M
Total Expenses$6.1M
Program Spending90%
Net Assets$1.4M
Transparency Score85/100

Is Mountains Edge Master Association Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Mountains Edge Master Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mountains Edge Master Association

Mountains Edge Master Association (EIN: 200794737) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code S20. The organization reported total revenue of $7.1M and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mountains Edge Master Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

13Years Operating
Mid-SizeSize Classification
12Years of Filings
MixedRevenue Trajectory

Mountains Edge Master Association is a mid-size nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$6.8M
Total Expenses$6.1M
Surplus / Deficit+$663K
Total Assets$10.2M
Total Liabilities$8.8M
Net Assets$1.4M
Operating Margin9.8%
Debt-to-Asset Ratio85.9%
Months of Reserves20.1 months

Financial Health Grade: A

In 2023, Mountains Edge Master Association reported a surplus of $663K with revenue exceeding expenses, holds 20.1 months of operating reserves (strong position), has a debt-to-asset ratio of 85.9% (high leverage).

Financial Trends

Over 12 years of filings (2012–2023), Mountains Edge Master Association's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+21.2%-1.8%+6.9%
2022-2.3%+9.6%+3.1%
2021+17.1%+14.4%+36.4%
2020-13.5%-8.8%+2.7%
2019+2.5%+9.2%+4.2%

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date2013

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Mountains Edge Master Association, as a homeowners' association (NTEE Code S20), demonstrates consistent financial activity typical for its classification. Over the past decade, the organization has seen its revenue grow from $4.68 million in 2014 to $6.76 million in 2023, with assets increasing significantly from $5.4 million to over $10.2 million in the same period. This growth suggests effective management of community resources and potentially increasing property values or membership. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a focus on community benefit rather than executive enrichment. The association generally operates with a surplus, as seen in 2023 where revenue of $6,768,245 exceeded expenses of $6,105,744. However, there was a deficit in 2022, with expenses exceeding revenue by over $600,000, indicating some variability in annual financial performance. The substantial increase in liabilities from $1.05 million in 2019 to $8.76 million in 2023 warrants closer examination, as it represents a significant portion of the organization's assets and could indicate substantial capital projects or debt financing. Overall, Mountains Edge Master Association appears to be financially stable with growing assets and consistent revenue. Its transparency regarding executive compensation is commendable. The primary area for further inquiry would be the nature and management of its increasing liabilities, to ensure long-term financial health and avoid potential risks to the community it serves.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mountains Edge Master Association with a Mission Score of 85 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: 8%
  • programs: 90%
  • fundraising: 2%

According to IRS 990 filings, Mountains Edge Master Association allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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:

$6.8MTotal Revenue
$6.1MTotal Expenses
$10.2MTotal Assets
$8.8MTotal Liabilities
$1.4MNet Assets
  • The organization reported a surplus of $663K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 85.9%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is a strong positive for financial transparency and resource allocation to community services.

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 Mountains Edge Master Association's IRS 990 filings:

  • Significant increase in liabilities from $1.05M in 2019 to $8.76M in 2023, representing a large portion of assets.
  • Operating deficit in 2022 where expenses ($6,215,969) exceeded revenue ($5,584,185).

Strengths

The following positive indicators were identified for Mountains Edge Master Association:

  • Consistent reporting of 0% officer compensation across all filings, indicating strong financial transparency and no executive enrichment.
  • Consistent revenue growth from $4.68M in 2014 to $6.76M in 2023.
  • Growing asset base, increasing from $5.4M in 2014 to over $10.2M in 2023.

Frequently Asked Questions about Mountains Edge Master Association

Is Mountains Edge Master Association a legitimate charity?

Mountains Edge Master Association (EIN: 200794737) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $7.1M. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Mountains Edge Master Association spend its money?

Mountains Edge Master Association directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.

Are donations to Mountains Edge Master Association tax-deductible?

Mountains Edge Master Association is registered as a tax-exempt nonprofit (EIN: 200794737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Mountains Edge Master Association's spending goes to programs?

Mountains Edge Master Association directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Mountains Edge Master Association compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Mountains Edge Master Association is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Mountains Edge Master Association located?

Mountains Edge Master Association is headquartered in Las Vegas, Nevada and files with the IRS under EIN 200794737. It is classified under NTEE code S20.

How many years of IRS 990 filings does Mountains Edge Master Association have?

Mountains Edge Master Association has 12 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 $7.1M in total revenue.

What is the nature of the significant increase in liabilities from $1.05 million in 2019 to $8.76 million in 2023?

The IRS 990 filings show a substantial increase in liabilities, which could be due to large capital projects, loans, or other financial obligations. Further detail from the organization's financial statements would be needed to understand the specific causes and implications of this trend.

How does the organization manage its budget to avoid deficits, such as the one experienced in 2022?

In 2022, expenses ($6,215,969) exceeded revenue ($5,584,185) by over $600,000. Understanding the reasons for this deficit and the strategies implemented to prevent future occurrences would be important for assessing financial stability.

What are the primary program service expenses for a homeowners' association of this size?

As an HOA, program service expenses typically include maintenance of common areas, security, utilities for shared facilities, community events, and administrative costs directly related to these services. The 990 would detail these categories.

Filing History

IRS 990 filing history for Mountains Edge Master Association showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Mountains Edge Master Association's revenue has grown by 93.8%, moving from $3.5M to $6.8M. Total assets increased by 111.6% over the same period, from $4.8M to $10.2M. Total functional expenses rose by 67.5%, from $3.6M to $6.1M. In its most recent filing year (2023), Mountains Edge Master Association reported a surplus of $663K, with revenue exceeding expenses. The organization holds $8.8M in liabilities against $10.2M in assets (debt-to-asset ratio: 85.9%), resulting in net assets of $1.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $6.8M $6.1M $10.2M $8.8M
2022 $5.6M $6.2M $9.5M $8.8M View 990
2021 $5.7M $5.7M $9.3M $7.9M View 990
2020 $4.9M $5.0M $6.8M $5.4M
2019 $5.6M $5.4M $6.6M $1.1M View 990
2018 $5.5M $5.0M $6.3M $992K View 990
2017 $5.4M $5.1M $6.0M $1.2M View 990
2016 $5.5M $5.8M $5.6M $987K View 990
2015 $5.5M $5.1M $5.9M $959K View 990
2014 $4.7M $4.5M $5.4M $949K View 990
2013 $4.3M $4.1M $5.0M $708K View 990
2012 $3.5M $3.6M $4.8M $739K

Year-by-Year Financial Summary

  • 2023: Revenue of $6.8M, expenses of $6.1M, and assets of $10.2M (revenue +21.2% year-over-year).
  • 2022: Revenue of $5.6M, expenses of $6.2M, and assets of $9.5M (revenue -2.3% year-over-year).
  • 2021: Revenue of $5.7M, expenses of $5.7M, and assets of $9.3M (revenue +17.1% year-over-year).
  • 2020: Revenue of $4.9M, expenses of $5.0M, and assets of $6.8M (revenue -13.5% year-over-year).
  • 2019: Revenue of $5.6M, expenses of $5.4M, and assets of $6.6M (revenue +2.5% year-over-year).
  • 2018: Revenue of $5.5M, expenses of $5.0M, and assets of $6.3M (revenue +1.9% year-over-year).
  • 2017: Revenue of $5.4M, expenses of $5.1M, and assets of $6.0M (revenue -2.0% year-over-year).
  • 2016: Revenue of $5.5M, expenses of $5.8M, and assets of $5.6M (revenue -0.7% year-over-year).
  • 2015: Revenue of $5.5M, expenses of $5.1M, and assets of $5.9M (revenue +18.4% year-over-year).
  • 2014: Revenue of $4.7M, expenses of $4.5M, and assets of $5.4M (revenue +8.3% year-over-year).
  • 2013: Revenue of $4.3M, expenses of $4.1M, and assets of $5.0M (revenue +23.8% year-over-year).
  • 2012: Revenue of $3.5M, expenses of $3.6M, and assets of $4.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mountains Edge Master Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Mountains Edge Master 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.

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