Vallecito Conservation And Sporting Association
Vallecito Conservation And Sporting Association maintains stable operations with decreasing liabilities and no reported officer compensation.
EIN: 10974517 · Bayfield, CO · NTEE: N67 · Updated: 2026-03-27
Is Vallecito Conservation And Sporting Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vallecito Conservation And Sporting Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vallecito Conservation And Sporting Association
Vallecito Conservation And Sporting Association (EIN: 10974517) is a nonprofit organization based in Bayfield, CO, classified under NTEE code N67. The organization reported total revenue of $618K and total assets of $369K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vallecito Conservation And Sporting Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vallecito Conservation And Sporting 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Vallecito Conservation And Sporting Association 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through non-officer roles, which is a positive sign for resource allocation towards 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.
Red Flags
The following concerns were identified during AI analysis of Vallecito Conservation And Sporting Association's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($532,782 vs $531,166) and 2022 ($512,862 vs $379,723), indicating potential operational deficits in those years.
Strengths
The following positive indicators were identified for Vallecito Conservation And Sporting Association:
- Significant reduction in liabilities from $212,071 in 2016 to $5,469 in 2023, demonstrating strong financial management.
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds and potentially volunteer leadership.
- Maintained a healthy asset base relative to liabilities, with assets of $306,826 and liabilities of $5,469 in 2023.
- Consistent revenue generation over multiple years, showing sustained support for its mission.
Frequently Asked Questions about Vallecito Conservation And Sporting Association
Is Vallecito Conservation And Sporting Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Vallecito Conservation And Sporting Association (EIN: 10974517) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Vallecito Conservation And Sporting Association spend its money?
Vallecito Conservation And Sporting Association directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vallecito Conservation And Sporting Association tax-deductible?
Vallecito Conservation And Sporting Association is registered as a tax-exempt nonprofit (EIN: 10974517). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Vallecito Conservation And Sporting Association financially stable?
Yes, the organization appears financially stable. While expenses occasionally exceed revenue (e.g., 2023 and 2022), it has maintained a healthy asset base and significantly reduced its liabilities from $212,071 in 2016 to $5,469 in 2023, demonstrating strong financial management.
How does Vallecito Conservation And Sporting Association manage its debt?
The organization has shown excellent debt management, reducing its liabilities from over $200,000 in 2016 to just $5,469 in 2023, indicating a strong focus on fiscal responsibility and improving its balance sheet.
Does Vallecito Conservation And Sporting Association pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation for all available periods, suggesting that the organization's leadership is volunteer-based or compensated in ways not categorized as officer compensation.
Filing History
IRS 990 filing history for Vallecito Conservation And Sporting Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Vallecito Conservation And Sporting Association's revenue has grown by 3034.1%, moving from $17K to $531K. Total assets increased by 10% over the same period, from $279K to $307K. Total functional expenses rose by 626.3%, from $73K to $533K. In its most recent filing year (2023), Vallecito Conservation And Sporting Association reported a deficit of $2K, with expenses exceeding revenue. The organization holds $5K in liabilities against $307K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $301K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $531K | $533K | $307K | $5K | — | — |
| 2022 | $380K | $513K | $353K | $42K | — | View 990 |
| 2021 | $562K | $532K | $511K | $75K | — | View 990 |
| 2020 | $551K | $397K | $509K | $102K | — | View 990 |
| 2019 | $399K | $354K | $381K | $128K | — | View 990 |
| 2018 | $291K | $270K | $374K | $166K | — | View 990 |
| 2017 | $425K | $294K | $393K | $206K | — | View 990 |
| 2016 | $17K | $73K | $279K | $212K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $531K, expenses of $533K, and assets of $307K (revenue +39.9% year-over-year).
- 2022: Revenue of $380K, expenses of $513K, and assets of $353K (revenue -32.4% year-over-year).
- 2021: Revenue of $562K, expenses of $532K, and assets of $511K (revenue +2.0% year-over-year).
- 2020: Revenue of $551K, expenses of $397K, and assets of $509K (revenue +38.2% year-over-year).
- 2019: Revenue of $399K, expenses of $354K, and assets of $381K (revenue +37.1% year-over-year).
- 2018: Revenue of $291K, expenses of $270K, and assets of $374K (revenue -31.5% year-over-year).
- 2017: Revenue of $425K, expenses of $294K, and assets of $393K (revenue +2404.8% year-over-year).
- 2016: Revenue of $17K, expenses of $73K, and assets of $279K.
Data Sources and Methodology
This transparency report for Vallecito Conservation And Sporting 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.