Platte Valley Legacy Foundation Inc
Platte Valley Legacy Foundation Inc shows consistent asset growth and zero executive compensation over a decade.
EIN: 208164731 · Saratoga, WY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $182K |
| Total Expenses | $45K |
| Program Spending | 90% |
| Net Assets | $430K |
| Transparency Score | 95/100 |
Is Platte Valley Legacy Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Platte Valley Legacy Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Platte Valley Legacy Foundation Inc
Platte Valley Legacy Foundation Inc (EIN: 208164731) is a nonprofit organization based in Saratoga, WY, classified under NTEE code T22. The organization reported total revenue of $182K and total assets of $489K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Platte Valley Legacy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Platte Valley Legacy Foundation Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $45K |
| Surplus / Deficit | +$32K |
| Total Assets | $430K |
| Total Liabilities | $1 |
| Net Assets | $430K |
| Operating Margin | 41.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 113.6 months |
Financial Health Grade: A
In 2024, Platte Valley Legacy Foundation Inc reported a surplus of $32K with revenue exceeding expenses, holds 113.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Platte Valley Legacy Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +30.5% | -20.4% | +8.1% |
| 2023 | -60.1% | +8.6% | +0.6% |
| 2022 | +89.5% | +23.0% | +32.4% |
| 2021 | +162.5% | +84.3% | +13.8% |
| 2020 | -47.0% | -10.1% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Platte Valley Legacy Foundation Inc 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, Platte Valley Legacy Foundation Inc 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation to its mission.
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 Platte Valley Legacy Foundation Inc:
- Consistent asset growth, increasing from $184,244 in 2013 to $488,833 currently.
- Zero officer compensation reported across all 11 filings, indicating high efficiency in leadership costs.
- Minimal liabilities (consistently reported as $1), demonstrating strong financial stability.
- Consistent operational surpluses, with revenue exceeding expenses in most periods (e.g., 202406: Revenue=$77,797, Expenses=$45,471).
- Regular and consistent IRS 990 filing history (11 filings), indicating strong transparency.
Frequently Asked Questions about Platte Valley Legacy Foundation Inc
Is Platte Valley Legacy Foundation Inc a legitimate charity?
Platte Valley Legacy Foundation Inc (EIN: 208164731) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 95/100. It has 11 years of IRS 990 filings on record. Total revenue: $182K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Platte Valley Legacy Foundation Inc spend its money?
Platte Valley Legacy Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Platte Valley Legacy Foundation Inc tax-deductible?
Platte Valley Legacy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208164731). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Platte Valley Legacy Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Platte Valley Legacy Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Platte Valley Legacy Foundation Inc located?
Platte Valley Legacy Foundation Inc is headquartered in Saratoga, Wyoming and files with the IRS under EIN 208164731. It is classified under NTEE code T22.
How many years of IRS 990 filings does Platte Valley Legacy Foundation Inc have?
Platte Valley Legacy Foundation Inc 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 $182K in total revenue.
Is Platte Valley Legacy Foundation Inc a good charity?
Based on its financial data, Platte Valley Legacy Foundation Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a clear commitment to its mission by reporting zero officer compensation and maintaining minimal liabilities.
How has the organization's financial health changed over time?
The organization's financial health has consistently improved. Assets have grown from $184,244 in 2013 to $488,833 currently, and it consistently operates with a surplus, indicating sustainable growth and effective financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all 11 available filings, suggesting a volunteer-led executive team or that leadership compensation is not categorized as officer compensation, which is a strong indicator of resource efficiency.
Filing History
IRS 990 filing history for Platte Valley Legacy Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Platte Valley Legacy Foundation Inc's revenue has declined by 46.4%, moving from $145K to $78K. Total assets increased by 192.9% over the same period, from $147K to $430K. Total functional expenses rose by 511.3%, from $7K to $45K. In its most recent filing year (2024), Platte Valley Legacy Foundation Inc reported a surplus of $32K, with revenue exceeding expenses. The organization holds $1 in liabilities against $430K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $430K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $78K | $45K | $430K | $1 | — | View 990 |
| 2023 | $60K | $57K | $398K | $1 | — | View 990 |
| 2022 | $149K | $53K | $396K | $1 | — | View 990 |
| 2021 | $79K | $43K | $299K | $1 | — | View 990 |
| 2020 | $30K | $23K | $263K | $1 | — | — |
| 2019 | $57K | $26K | $256K | $1 | — | View 990 |
| 2016 | $37K | $30K | $199K | $1 | — | View 990 |
| 2015 | $15K | $9K | $192K | $1 | — | View 990 |
| 2014 | $10K | $8K | $186K | $1 | — | View 990 |
| 2013 | $47K | $9K | $184K | $1 | — | View 990 |
| 2012 | $145K | $7K | $147K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $78K, expenses of $45K, and assets of $430K (revenue +30.5% year-over-year).
- 2023: Revenue of $60K, expenses of $57K, and assets of $398K (revenue -60.1% year-over-year).
- 2022: Revenue of $149K, expenses of $53K, and assets of $396K (revenue +89.5% year-over-year).
- 2021: Revenue of $79K, expenses of $43K, and assets of $299K (revenue +162.5% year-over-year).
- 2020: Revenue of $30K, expenses of $23K, and assets of $263K (revenue -47.0% year-over-year).
- 2019: Revenue of $57K, expenses of $26K, and assets of $256K (revenue +51.4% year-over-year).
- 2016: Revenue of $37K, expenses of $30K, and assets of $199K (revenue +145.1% year-over-year).
- 2015: Revenue of $15K, expenses of $9K, and assets of $192K (revenue +57.1% year-over-year).
- 2014: Revenue of $10K, expenses of $8K, and assets of $186K (revenue -79.1% year-over-year).
- 2013: Revenue of $47K, expenses of $9K, and assets of $184K (revenue -67.9% year-over-year).
- 2012: Revenue of $145K, expenses of $7K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Platte Valley Legacy Foundation Inc:
Data Sources and Methodology
This transparency report for Platte Valley Legacy Foundation Inc 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.