Waterfall Community Water Users Association
Waterfall Community Water Users Association consistently grows revenue and assets with zero officer compensation.
EIN: 10598548 · Cloudcroft, NM · NTEE: W80 · Updated: 2026-03-27
Is Waterfall Community Water Users Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Waterfall Community Water Users Association directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waterfall Community Water Users Association
Waterfall Community Water Users Association (EIN: 10598548) is a nonprofit organization based in Cloudcroft, NM, classified under NTEE code W80. The organization reported total revenue of $74K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waterfall Community Water Users 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 Waterfall Community Water Users Association 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Waterfall Community Water Users Association allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 is likely volunteer-run or compensates its leadership through non-salary means, which is highly efficient for a nonprofit of this size.
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 Waterfall Community Water Users Association:
- Consistent revenue growth (from $31,026 in 2009 to $83,900 in 2024).
- Healthy asset growth (from $12,011 in 2009 to $55,482 in 2024).
- Zero liabilities reported across all filings, indicating strong financial stability.
- Zero officer compensation, suggesting high efficiency and direct program focus.
- Consistent positive net income in most years, demonstrating financial sustainability.
Frequently Asked Questions about Waterfall Community Water Users Association
Is Waterfall Community Water Users Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Waterfall Community Water Users Association (EIN: 10598548) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Waterfall Community Water Users Association spend its money?
Waterfall Community Water Users Association directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Waterfall Community Water Users Association tax-deductible?
Waterfall Community Water Users Association is registered as a tax-exempt nonprofit (EIN: 10598548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Waterfall Community Water Users Association a good charity?
Based on the provided IRS 990 data, Waterfall Community Water Users Association appears to be a very good and efficiently run organization. It consistently reports zero officer compensation, maintains healthy revenue growth, and has no liabilities, indicating strong financial health and a direct focus on its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $31,026 in 2009 to $83,900 in 2024, and assets have increased from $12,011 to $55,482 in the same period, demonstrating consistent growth and stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-led structure or that leadership is not compensated through traditional salaries, which is a highly efficient model for a nonprofit of this size.
Filing History
IRS 990 filing history for Waterfall Community Water Users Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2009–2024), Waterfall Community Water Users Association's revenue has grown by 170.4%, moving from $31K to $84K. Total assets increased by 361.9% over the same period, from $12K to $55K. Total functional expenses rose by 92.1%, from $33K to $63K. In its most recent filing year (2024), Waterfall Community Water Users Association reported a surplus of $21K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $84K | $63K | $55K | $0 | — | — |
| 2023 | $71K | $42K | $55K | $0 | — | — |
| 2022 | $70K | $64K | $26K | $0 | — | View 990 |
| 2021 | $64K | $57K | $20K | $0 | — | — |
| 2012 | $41K | $37K | $40K | $0 | — | View 990 |
| 2011 | $41K | $34K | $36K | $0 | — | — |
| 2010 | $52K | $35K | $29K | $0 | — | View 990 |
| 2009 | $31K | $33K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $84K, expenses of $63K, and assets of $55K (revenue +18.4% year-over-year).
- 2023: Revenue of $71K, expenses of $42K, and assets of $55K (revenue +1.5% year-over-year).
- 2022: Revenue of $70K, expenses of $64K, and assets of $26K (revenue +8.7% year-over-year).
- 2021: Revenue of $64K, expenses of $57K, and assets of $20K (revenue +55.5% year-over-year).
- 2012: Revenue of $41K, expenses of $37K, and assets of $40K (revenue +1.2% year-over-year).
- 2011: Revenue of $41K, expenses of $34K, and assets of $36K (revenue -21.9% year-over-year).
- 2010: Revenue of $52K, expenses of $35K, and assets of $29K (revenue +68.5% year-over-year).
- 2009: Revenue of $31K, expenses of $33K, and assets of $12K.
Data Sources and Methodology
This transparency report for Waterfall Community Water Users 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.