Valley Community Association Inc
Valley Community Association Inc consistently directs 100% of reported officer compensation to programs, maintaining stable assets despite fluctuating annual operating results.
EIN: 160964724 · Buffalo, NY · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $3.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $6.4M |
| Transparency Score | 95/100 |
Is Valley Community Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Valley Community Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Valley Community Association Inc
Valley Community Association Inc (EIN: 160964724) is a nonprofit organization based in Buffalo, NY, classified under NTEE code P200. The organization reported total revenue of $3.0M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Valley Community Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Valley Community Association Inc is a mid-size nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-80,370 |
| Total Assets | $6.4M |
| Total Liabilities | $46K |
| Net Assets | $6.4M |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 25.4 months |
Financial Health Grade: B
In 2023, Valley Community Association Inc reported a deficit of $80K with expenses exceeding revenue, holds 25.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Valley Community Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.3% | +12.4% | -2.3% |
| 2022 | +13.0% | +33.4% | -2.4% |
| 2021 | +108.4% | +19.5% | +1.1% |
| 2020 | -57.7% | -30.6% | -2.6% |
| 2019 | -2.0% | +2.2% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1969 |
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 Valley Community Association 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Valley Community Association Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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:
- The organization reported a deficit of $80K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size with assets exceeding $6 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 Valley Community Association Inc's IRS 990 filings:
- Occasional operating deficits, such as in 202312 where expenses ($3,024,126) exceeded revenue ($2,943,756).
Strengths
The following positive indicators were identified for Valley Community Association Inc:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
- Strong asset base, consistently above $5 million, providing financial stability.
- Generally stable revenue streams over multiple years, typically in the $2-3 million range.
- Low liabilities relative to assets, indicating good financial management.
Frequently Asked Questions about Valley Community Association Inc
Is Valley Community Association Inc a legitimate charity?
Valley Community Association Inc (EIN: 160964724) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Valley Community Association Inc spend its money?
Valley Community Association Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Valley Community Association Inc tax-deductible?
Valley Community Association Inc is registered as a tax-exempt nonprofit (EIN: 160964724). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Valley Community Association Inc CEO make?
Valley Community Association Inc's highest-compensated officer earns $6 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Valley Community Association Inc's spending goes to programs?
Valley Community Association Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Valley Community Association Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Valley Community Association Inc is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Valley Community Association Inc located?
Valley Community Association Inc is headquartered in Buffalo, New York and files with the IRS under EIN 160964724. It is classified under NTEE code P200.
How many years of IRS 990 filings does Valley Community Association Inc have?
Valley Community Association Inc has 13 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 $3.0M in total revenue.
Is Valley Community Association Inc a good charity?
Based on the available data, Valley Community Association Inc appears to be a very good charity. Its consistent reporting of 0% officer compensation is exceptional, indicating a strong commitment to program spending. While there are occasional operating deficits, the organization maintains substantial assets, suggesting financial stability.
How does Valley Community Association Inc manage its executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, meaning no salaries or other compensation were paid to its officers, directors, trustees, or key employees. This is a highly positive indicator for donor confidence.
What is the trend in Valley Community Association Inc's financial health?
Valley Community Association Inc shows stable assets, generally between $6-7 million. Revenues and expenses fluctuate annually, sometimes resulting in small deficits (e.g., 202312: $2,943,756 revenue vs. $3,024,126 expenses) and sometimes surpluses (e.g., 202212: $2,717,045 revenue vs. $2,690,989 expenses). Overall, it appears financially stable with a strong asset base.
Filing History
IRS 990 filing history for Valley Community Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Valley Community Association Inc's revenue has grown by 33.4%, moving from $2.2M to $2.9M. Total assets increased by 80.2% over the same period, from $3.6M to $6.4M. Total functional expenses rose by 98.5%, from $1.5M to $3.0M. In its most recent filing year (2023), Valley Community Association Inc reported a deficit of $80K, with expenses exceeding revenue. The organization holds $46K in liabilities against $6.4M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $3.0M | $6.4M | $46K | — | — |
| 2022 | $2.7M | $2.7M | $6.6M | $116K | — | View 990 |
| 2021 | $2.4M | $2.0M | $6.7M | $300K | — | View 990 |
| 2020 | $1.2M | $1.7M | $6.6M | $616K | — | View 990 |
| 2019 | $2.7M | $2.4M | $6.8M | $261K | — | View 990 |
| 2018 | $2.8M | $2.4M | $6.5M | $248K | — | View 990 |
| 2017 | $2.3M | $2.6M | $6.1M | $225K | — | View 990 |
| 2016 | $2.3M | $2.3M | $6.4M | $265K | — | View 990 |
| 2015 | $4.3M | $1.9M | $6.9M | $674K | — | View 990 |
| 2014 | $2.3M | $1.9M | $4.2M | $351K | — | View 990 |
| 2013 | $1.9M | $1.7M | $3.6M | $261K | — | View 990 |
| 2012 | $1.6M | $1.7M | $3.5M | $275K | — | View 990 |
| 2011 | $2.2M | $1.5M | $3.6M | $271K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $3.0M, and assets of $6.4M (revenue +8.3% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.7M, and assets of $6.6M (revenue +13.0% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.0M, and assets of $6.7M (revenue +108.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.7M, and assets of $6.6M (revenue -57.7% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.4M, and assets of $6.8M (revenue -2.0% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.4M, and assets of $6.5M (revenue +18.7% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.6M, and assets of $6.1M (revenue +3.7% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $6.4M (revenue -47.4% year-over-year).
- 2015: Revenue of $4.3M, expenses of $1.9M, and assets of $6.9M (revenue +88.9% year-over-year).
- 2014: Revenue of $2.3M, expenses of $1.9M, and assets of $4.2M (revenue +21.7% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.7M, and assets of $3.6M (revenue +15.7% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.7M, and assets of $3.5M (revenue -26.7% year-over-year).
- 2011: Revenue of $2.2M, expenses of $1.5M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Valley Community Association Inc:
Data Sources and Methodology
This transparency report for Valley Community 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.