Valley Floor Preservation Partners
Valley Floor Preservation Partners reports minimal revenue and significant expenses in its latest filing, drawing on substantial assets.
EIN: 204889403 · Telluride, CO · NTEE: C30 · Updated: 2026-03-28
Is Valley Floor Preservation Partners Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Valley Floor Preservation Partners directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Valley Floor Preservation Partners
Valley Floor Preservation Partners (EIN: 204889403) is a nonprofit organization based in Telluride, CO, classified under NTEE code C30. The organization reported total revenue of $2K and total assets of $942K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Valley Floor Preservation Partners'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 Valley Floor Preservation Partners with a Mission Score of 75 out of 100 (Good). 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, Valley Floor Preservation Partners 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 no executive salaries are paid, 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.
Red Flags
The following concerns were identified during AI analysis of Valley Floor Preservation Partners's IRS 990 filings:
- Significant revenue decline in the latest filing period ($2,472 vs. $118,063 in prior year).
- Expenses ($19,695) significantly exceeded revenue ($2,472) in the latest filing, indicating a draw on assets.
Strengths
The following positive indicators were identified for Valley Floor Preservation Partners:
- Substantial asset base ($942,328) provides financial resilience.
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
- Long and consistent IRS 990 filing history (8 filings), demonstrating transparency.
- Low liabilities across all reported periods (mostly $1 or $0).
Frequently Asked Questions about Valley Floor Preservation Partners
Is Valley Floor Preservation Partners a legitimate charity?
Based on AI analysis of IRS 990 filings, Valley Floor Preservation Partners (EIN: 204889403) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Valley Floor Preservation Partners spend its money?
Valley Floor Preservation Partners directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Valley Floor Preservation Partners tax-deductible?
Valley Floor Preservation Partners is registered as a tax-exempt nonprofit (EIN: 204889403). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Valley Floor Preservation Partners financially stable given its recent revenue decline?
While the latest filing shows revenue of $2,472 against expenses of $19,695, the organization possesses substantial assets of $942,328. This asset base provides a buffer, but sustained periods of spending significantly more than revenue could impact long-term stability.
What caused the significant drop in revenue in the 202012 period?
The provided data does not specify the cause. Revenue dropped from $118,063 in 201912 to $2,472 in 202012, which could be due to various factors such as a decline in donations, grants, or specific project funding. Further investigation into their detailed financial statements would be needed.
How does the organization fund its operations without executive compensation?
The consistent reporting of 0% officer compensation suggests that the organization likely relies on volunteer leadership or has its administrative functions covered by other means, allowing more funds to be directed towards its program activities.
Are the assets of $942,328 restricted or unrestricted?
The provided IRS 990 summary data does not distinguish between restricted and unrestricted assets. This information would typically be found in the organization's full financial statements or notes to the financial statements.
Filing History
IRS 990 filing history for Valley Floor Preservation Partners showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2010–2020), Valley Floor Preservation Partners's revenue has declined by 89.6%, moving from $24K to $2K. Total assets increased by 2.5% over the same period, from $920K to $942K. Total functional expenses fell by 63.3%, from $54K to $20K. In its most recent filing year (2020), Valley Floor Preservation Partners reported a deficit of $17K, with expenses exceeding revenue. The organization holds $1 in liabilities against $942K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $942K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $2K | $20K | $942K | $1 | — | — |
| 2019 | $118K | $34K | $960K | $1 | — | — |
| 2015 | $58K | $36K | $998K | $1 | — | View 990 |
| 2014 | $68K | $58K | $1.1M | $1 | — | View 990 |
| 2013 | $68K | $17K | $1.1M | $0 | — | View 990 |
| 2012 | $25K | $18K | $956K | $0 | — | View 990 |
| 2011 | $33K | $15K | $873K | $0 | — | View 990 |
| 2010 | $24K | $54K | $920K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $2K, expenses of $20K, and assets of $942K (revenue -97.9% year-over-year).
- 2019: Revenue of $118K, expenses of $34K, and assets of $960K (revenue +102.9% year-over-year).
- 2015: Revenue of $58K, expenses of $36K, and assets of $998K (revenue -14.0% year-over-year).
- 2014: Revenue of $68K, expenses of $58K, and assets of $1.1M (revenue -0.4% year-over-year).
- 2013: Revenue of $68K, expenses of $17K, and assets of $1.1M (revenue +167.6% year-over-year).
- 2012: Revenue of $25K, expenses of $18K, and assets of $956K (revenue -23.8% year-over-year).
- 2011: Revenue of $33K, expenses of $15K, and assets of $873K (revenue +39.7% year-over-year).
- 2010: Revenue of $24K, expenses of $54K, and assets of $920K.
Data Sources and Methodology
This transparency report for Valley Floor Preservation Partners 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.