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
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Waterfall Community Water Users Association is mapped to EIN 10598548.
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8 stored filing years available.
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8 stored filing years available.
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8 stored filing years plus ProPublica source
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95% program spend, health grade A
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| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $63K |
| Program Spending | 95% |
| Net Assets | $55K |
| Transparency Score | 95/100 |
Search Intent Cockpit
Waterfall Community Water Users Association Form 990, Revenue, CEO Pay, and IRS Filing Signals
Waterfall Community Water Users Association is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Waterfall Community Water Users Association in one place.
Form 990 Filing Summary
8 filing years are available, with latest revenue of $84K and expenses of $63K.
Revenue and Expenses
Waterfall Community Water Users Association reported $84K in revenue and $63K in expenses, a surplus of $21K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
95/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
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 →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $60K (95%) |
Across stored filings, Waterfall Community Water Users Association shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 95% to programs | Excellent |
| Financial durability | Grade A | 8 stored filing years |
| Peer context | Compare with Stevan & Cynthia Pearce Charitable Foundation | New Mexico and Category W context |
Trust Check
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Cloudcroft, NM nonprofitsCategory W in New Mexico
Public Benefit in New Mexico
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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.
Organization Overview
Waterfall Community Water Users Association is a micro nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $63K |
| Surplus / Deficit | +$21K |
| Total Assets | $55K |
| Net Assets | $55K |
| Operating Margin | 24.5% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2024, Waterfall Community Water Users Association reported a surplus of $21K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2009–2024), Waterfall Community Water Users Association's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.4% | +51.1% | +1.0% |
| 2023 | +1.5% | -34.4% | +111.0% |
| 2022 | +8.7% | +12.2% | +29.2% |
| 2021 | +55.5% | +53.7% | -50.2% |
| 2012 | +1.2% | +9.6% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
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?
Waterfall Community Water Users Association (EIN: 10598548) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 95/100. It has 8 years of IRS 990 filings on record. Total revenue: $74K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Waterfall Community Water Users Association spend its money?
Waterfall Community Water Users Association directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
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.
How does Waterfall Community Water Users Association compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Waterfall Community Water Users Association is above average for NTEE category W80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Waterfall Community Water Users Association located?
Waterfall Community Water Users Association is headquartered in Cloudcroft, New Mexico and files with the IRS under EIN 10598548. It is classified under NTEE code W80.
How many years of IRS 990 filings does Waterfall Community Water Users Association have?
Waterfall Community Water Users Association has 8 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 $74K in total revenue.
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.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waterfall Community Water Users Association:
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.