Waterford Springs Corp
EIN: 30264149 · Waterford, VT
| Metric | Value |
|---|---|
| Total Revenue | $171K |
| Total Expenses | $163K |
| Net Assets | $157K |
Is Waterford Springs Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Waterford Springs Corp
Waterford Springs Corp (EIN: 30264149) is a nonprofit organization based in Waterford, VT. The organization reported total revenue of $171K and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waterford Springs Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waterford Springs Corp is a small nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $163K |
| Surplus / Deficit | +$7K |
| Total Assets | $163K |
| Total Liabilities | $6K |
| Net Assets | $157K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 12.0 months |
Financial Health Grade: A
In 2023, Waterford Springs Corp reported a surplus of $7K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Waterford Springs Corp's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.3% | +14.0% | -10.1% |
| 2022 | -6.0% | -5.2% | +7.3% |
| 2019 | +82.1% | +38.5% | -44.6% |
| 2017 | -38.4% | +3.5% | +66.7% |
| 2016 | +60.6% | +12.8% | +44.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Waterford Springs Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Waterford Springs Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.5%.
Frequently Asked Questions about Waterford Springs Corp
Is Waterford Springs Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Waterford Springs Corp (EIN: 30264149) insufficient data. 0 red flags identified, 0 strengths noted.
How does Waterford Springs Corp spend its money?
Detailed spending breakdown data is not yet available for Waterford Springs Corp. Check back for updated IRS 990 analysis.
Are donations to Waterford Springs Corp tax-deductible?
Waterford Springs Corp is registered as a tax-exempt nonprofit (EIN: 30264149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Waterford Springs Corp located?
Waterford Springs Corp is headquartered in Waterford, Vermont and files with the IRS under EIN 30264149.
How many years of IRS 990 filings does Waterford Springs Corp have?
Waterford Springs Corp has 10 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 $171K in total revenue.
Filing History
IRS 990 filing history for Waterford Springs Corp showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Waterford Springs Corp's revenue has grown by 117.5%, moving from $78K to $171K. Total assets increased by 26.2% over the same period, from $129K to $163K. Total functional expenses rose by 126.7%, from $72K to $163K. In its most recent filing year (2023), Waterford Springs Corp reported a surplus of $7K, with revenue exceeding expenses. The organization holds $6K in liabilities against $163K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $157K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $163K | $163K | $6K | — | View 990 |
| 2022 | $152K | $143K | $181K | $9K | — | View 990 |
| 2019 | $161K | $151K | $169K | $41K | — | View 990 |
| 2017 | $89K | $109K | $305K | $138K | — | View 990 |
| 2016 | $144K | $105K | $183K | $42K | — | View 990 |
| 2015 | $90K | $93K | $126K | $24K | — | View 990 |
| 2014 | $77K | $128K | $129K | $23K | — | View 990 |
| 2013 | $100K | $82K | $175K | $18K | — | View 990 |
| 2012 | $97K | $76K | $168K | $30K | — | View 990 |
| 2011 | $78K | $72K | $129K | $12K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $163K, and assets of $163K (revenue +12.3% year-over-year).
- 2022: Revenue of $152K, expenses of $143K, and assets of $181K (revenue -6.0% year-over-year).
- 2019: Revenue of $161K, expenses of $151K, and assets of $169K (revenue +82.1% year-over-year).
- 2017: Revenue of $89K, expenses of $109K, and assets of $305K (revenue -38.4% year-over-year).
- 2016: Revenue of $144K, expenses of $105K, and assets of $183K (revenue +60.6% year-over-year).
- 2015: Revenue of $90K, expenses of $93K, and assets of $126K (revenue +15.8% year-over-year).
- 2014: Revenue of $77K, expenses of $128K, and assets of $129K (revenue -22.9% year-over-year).
- 2013: Revenue of $100K, expenses of $82K, and assets of $175K (revenue +3.9% year-over-year).
- 2012: Revenue of $97K, expenses of $76K, and assets of $168K (revenue +23.1% year-over-year).
- 2011: Revenue of $78K, expenses of $72K, and assets of $129K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waterford Springs Corp:
Data Sources and Methodology
This transparency report for Waterford Springs Corp 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.