Waterville Valley Resort Association Inc
Waterville Valley Resort Association consistently generates surpluses and has zero reported liabilities.
EIN: 20485937 · Watervl Vly, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $846K |
| Total Expenses | $592K |
| Program Spending | 80% |
| Net Assets | $712K |
| Transparency Score | 85/100 |
Is Waterville Valley Resort Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Waterville Valley Resort Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waterville Valley Resort Association Inc
Waterville Valley Resort Association Inc (EIN: 20485937) is a nonprofit organization based in Watervl Vly, NH. The organization reported total revenue of $846K and total assets of $684K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waterville Valley Resort Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waterville Valley Resort Association Inc is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $898K |
| Total Expenses | $592K |
| Surplus / Deficit | +$306K |
| Total Assets | $712K |
| Net Assets | $712K |
| Operating Margin | 34.1% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Waterville Valley Resort Association Inc reported a surplus of $306K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Waterville Valley Resort Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.1% | -5.5% | +75.5% |
| 2022 | +34.6% | +1.9% | +152.8% |
| 2021 | +13.1% | +4.0% | +26.1% |
| 2020 | -16.9% | -22.4% | -12.3% |
| 2019 | -4.7% | +14.6% | -33.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Waterville Valley Resort Association Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Waterville Valley Resort Association Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $306K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that compensation levels are below IRS reporting thresholds, which is a positive indicator for minimizing overhead related to executive pay.
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 Waterville Valley Resort Association Inc's IRS 990 filings:
- NTEE Code is unknown, limiting clear understanding of mission category
Strengths
The following positive indicators were identified for Waterville Valley Resort Association Inc:
- Consistent financial surpluses (e.g., $306,143 surplus in 2023)
- Zero reported liabilities across all filings
- Significant growth in assets, from $127,284 in 2020 to $711,808 in 2023
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about Waterville Valley Resort Association Inc
Is Waterville Valley Resort Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Waterville Valley Resort Association Inc (EIN: 20485937) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Waterville Valley Resort Association Inc spend its money?
Waterville Valley Resort Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Waterville Valley Resort Association Inc tax-deductible?
Waterville Valley Resort Association Inc is registered as a tax-exempt nonprofit (EIN: 20485937). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Waterville Valley Resort Association Inc's spending goes to programs?
Waterville Valley Resort Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Waterville Valley Resort Association Inc located?
Waterville Valley Resort Association Inc is headquartered in Watervl Vly, New Hampshire and files with the IRS under EIN 20485937.
How many years of IRS 990 filings does Waterville Valley Resort Association Inc have?
Waterville Valley Resort 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 $846K in total revenue.
Is Waterville Valley Resort Association Inc. financially stable?
Yes, the organization appears financially stable. It has consistently generated surpluses in recent years, with revenue exceeding expenses (e.g., $897,872 revenue vs. $591,729 expenses in 2023), and has reported zero liabilities across all available filings, indicating a strong balance sheet.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth, particularly in recent years. Assets increased from $127,284 in 2020 to $711,808 in 2023, demonstrating a strong ability to build reserves and financial capacity.
Does the organization have any debt?
Based on the provided IRS 990 data, the organization consistently reports $0 in liabilities across all available filing periods, indicating it operates without reported debt.
What is the trend in revenue and expenses?
Revenue has shown a positive trend, increasing from $572,321 in 2020 to $897,872 in 2023. Expenses have also increased but at a slower rate, allowing for consistent surpluses. For example, in 2023, revenue was $897,872 and expenses were $591,729.
Filing History
IRS 990 filing history for Waterville Valley Resort Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Waterville Valley Resort Association Inc's revenue has grown by 34.1%, moving from $670K to $898K. Total assets increased by 421.1% over the same period, from $137K to $712K. Total functional expenses fell by 0%, from $592K to $592K. In its most recent filing year (2023), Waterville Valley Resort Association Inc reported a surplus of $306K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $898K | $592K | $712K | $0 | — | View 990 |
| 2022 | $871K | $626K | $406K | $0 | — | View 990 |
| 2021 | $647K | $614K | $160K | $0 | — | View 990 |
| 2020 | $572K | $590K | $127K | $0 | — | View 990 |
| 2019 | $689K | $760K | $145K | $0 | — | View 990 |
| 2018 | $723K | $663K | $217K | $0 | — | View 990 |
| 2017 | $614K | $602K | $158K | $0 | — | View 990 |
| 2016 | $680K | $615K | $146K | $0 | — | View 990 |
| 2015 | $655K | $756K | $80K | $0 | — | View 990 |
| 2014 | $669K | $592K | $181K | $0 | — | View 990 |
| 2013 | $587K | $612K | $104K | $0 | — | View 990 |
| 2012 | $631K | $639K | $128K | $0 | — | View 990 |
| 2011 | $670K | $592K | $137K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $898K, expenses of $592K, and assets of $712K (revenue +3.1% year-over-year).
- 2022: Revenue of $871K, expenses of $626K, and assets of $406K (revenue +34.6% year-over-year).
- 2021: Revenue of $647K, expenses of $614K, and assets of $160K (revenue +13.1% year-over-year).
- 2020: Revenue of $572K, expenses of $590K, and assets of $127K (revenue -16.9% year-over-year).
- 2019: Revenue of $689K, expenses of $760K, and assets of $145K (revenue -4.7% year-over-year).
- 2018: Revenue of $723K, expenses of $663K, and assets of $217K (revenue +17.7% year-over-year).
- 2017: Revenue of $614K, expenses of $602K, and assets of $158K (revenue -9.7% year-over-year).
- 2016: Revenue of $680K, expenses of $615K, and assets of $146K (revenue +3.8% year-over-year).
- 2015: Revenue of $655K, expenses of $756K, and assets of $80K (revenue -2.0% year-over-year).
- 2014: Revenue of $669K, expenses of $592K, and assets of $181K (revenue +13.9% year-over-year).
- 2013: Revenue of $587K, expenses of $612K, and assets of $104K (revenue -6.9% year-over-year).
- 2012: Revenue of $631K, expenses of $639K, and assets of $128K (revenue -5.7% year-over-year).
- 2011: Revenue of $670K, expenses of $592K, and assets of $137K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waterville Valley Resort Association Inc:
Data Sources and Methodology
This transparency report for Waterville Valley Resort 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.