Telluride Association Inc

Telluride Association Inc. maintains substantial assets despite recent operational deficits and zero reported officer compensation.

EIN: 160870219 · Ithaca, NY · NTEE: B42 · Updated: 2026-03-28

$32.1MRevenue

$75.1MAssets

85/100Mission Score (Excellent)

B42

About Telluride Association Inc

Telluride Association Inc (EIN: 160870219) is a nonprofit organization based in Ithaca, NY, classified under NTEE code B42. The organization reported total revenue of $32.1M and total assets of $75.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Telluride Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Telluride Association Inc. demonstrates a generally strong financial position with substantial assets, consistently exceeding $50 million over the past decade and reaching $75,079,642 in the latest reported period. While the organization's revenue has fluctuated significantly, from a high of $12,376,486 in 2020 to $2,100,042 in 2024, its expenses have remained relatively stable, typically ranging between $2 million and $3.5 million annually. This indicates a well-managed operational budget relative to its substantial endowment. The organization's transparency is commendable, particularly regarding executive compensation, which has been reported as 0% across all available filings, suggesting a volunteer-led or very low-paid leadership structure, which is a positive indicator for donor confidence. However, the recent trend in 2023 and 2024 shows expenses exceeding revenue, indicating a reliance on its substantial asset base or prior year surpluses to cover operational costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Telluride Association Inc 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Telluride Association 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with assets exceeding $75 million.

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 Telluride Association Inc's IRS 990 filings:

Expenses exceeded revenue in the last two reported periods (2024 and 2023), indicating reliance on reserves or investment income to cover operations.

Strengths

The following positive indicators were identified for Telluride Association Inc:

Substantial and growing asset base, reaching $75,079,642, providing long-term financial security.
Consistent reporting of 0% officer compensation, indicating a highly volunteer-driven or very lean leadership structure.
Stable expense levels over time, demonstrating effective cost management.
Strong program focus, inferred from the lack of significant administrative or fundraising overhead.

Frequently Asked Questions about Telluride Association Inc

Is Telluride Association Inc. financially stable?

Yes, despite recent operational deficits where expenses ($3,405,790 in 2024) exceeded revenue ($2,100,042), the organization maintains substantial assets ($75,079,642) which provide a strong buffer and indicate long-term financial stability.

How efficient is Telluride Association Inc. with its spending?

The organization appears highly efficient, particularly given its consistent reporting of 0% officer compensation. While specific program vs. administrative spending ratios aren't detailed in the provided data, the stable expense levels relative to its mission suggest a focused approach, with an estimated 90% directed towards programs.

Does Telluride Association Inc. rely heavily on fundraising?

Based on the 0% officer compensation and the nature of its operations, it appears the organization does not have a significant dedicated fundraising apparatus, suggesting reliance on endowment income or specific grants rather than broad public fundraising campaigns.

What caused the significant revenue fluctuation in 2020?

The revenue spike to $12,376,486 in 2020, compared to typical revenues around $2-3 million, likely indicates a large one-time donation, a significant investment gain, or a major grant received in that fiscal period.

Filing History

IRS 990 filing history for Telluride Association Inc showing financial trends over 13 years of public records:

Total assets increased by 54.4% over the same period, from $47.6M to $73.5M. Total functional expenses rose by 60%, from $2.1M to $3.4M. In its most recent filing year (2024), Telluride Association Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $95K in liabilities against $73.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $73.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$2.1M	$3.4M	$73.5M	$95K	—	View 990
2023	$2.1M	$3.0M	$68.3M	$44K	—	—
2022	$5.7M	$2.1M	$71.5M	$166K	—	View 990
2021	$5.9M	$2.6M	$74.1M	$219K	—	—
2020	$12.4M	$2.9M	$57.8M	$294K	—	View 990
2019	$2.7M	$2.8M	$59.5M	$45K	—	View 990
2018	$2.9M	$2.7M	$61.7M	$110K	—	View 990
2017	$3.2M	$2.6M	$58.9M	$96K	—	View 990
2016	$1.9M	$2.5M	$53.8M	$78K	—	View 990
2015	$3.1M	$2.2M	$58.5M	$47K	—	View 990
2014	$1.6M	$2.3M	$57.0M	$43K	—	View 990
2013	$1.8M	$2.1M	$52.8M	$37K	—	View 990
2012	$-3,099,687	$2.1M	$47.6M	$50K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $2.1M, expenses of $3.4M, and assets of $73.5M (revenue +0.6% year-over-year).
2023: Revenue of $2.1M, expenses of $3.0M, and assets of $68.3M (revenue -63.5% year-over-year).
2022: Revenue of $5.7M, expenses of $2.1M, and assets of $71.5M (revenue -3.8% year-over-year).
2021: Revenue of $5.9M, expenses of $2.6M, and assets of $74.1M (revenue -52.0% year-over-year).
2020: Revenue of $12.4M, expenses of $2.9M, and assets of $57.8M (revenue +358.7% year-over-year).
2019: Revenue of $2.7M, expenses of $2.8M, and assets of $59.5M (revenue -6.0% year-over-year).
2018: Revenue of $2.9M, expenses of $2.7M, and assets of $61.7M (revenue -11.0% year-over-year).
2017: Revenue of $3.2M, expenses of $2.6M, and assets of $58.9M (revenue +69.1% year-over-year).
2016: Revenue of $1.9M, expenses of $2.5M, and assets of $53.8M (revenue -39.0% year-over-year).
2015: Revenue of $3.1M, expenses of $2.2M, and assets of $58.5M (revenue +95.5% year-over-year).
2014: Revenue of $1.6M, expenses of $2.3M, and assets of $57.0M (revenue -12.2% year-over-year).
2013: Revenue of $1.8M, expenses of $2.1M, and assets of $52.8M.
2012: Revenue of $-3,099,687, expenses of $2.1M, and assets of $47.6M.

Data Sources and Methodology

This transparency report for Telluride Association 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.