White Mountain Gateway Economic Development Corporation
White Mountain Gateway Economic Development Corporation reports $0 revenue and assets in latest filing, indicating dormancy.
EIN: 10573568 · Plymouth, NH · NTEE: S30 · Updated: 2026-03-28
Is White Mountain Gateway Economic Development Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About White Mountain Gateway Economic Development Corporation
White Mountain Gateway Economic Development Corporation (EIN: 10573568) is a nonprofit organization based in Plymouth, NH, classified under NTEE code S30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of White Mountain Gateway Economic Development Corporation'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 White Mountain Gateway Economic Development Corporation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, White Mountain Gateway Economic Development Corporation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, suggesting an all-volunteer leadership or that compensation is not being paid, which is unusual for an organization that previously had significant revenue.
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 White Mountain Gateway Economic Development Corporation's IRS 990 filings:
- Reported $0 revenue and assets in the latest filing after previously holding significant assets, indicating potential dormancy or closure.
- Lack of detailed expense breakdown makes it impossible to assess spending efficiency.
- Significant drop in revenue from $208,868 in 201312 to $0 in the latest period.
Strengths
The following positive indicators were identified for White Mountain Gateway Economic Development Corporation:
- Consistently reported 0% officer compensation, indicating a volunteer-led structure or no paid executives.
Frequently Asked Questions about White Mountain Gateway Economic Development Corporation
Is White Mountain Gateway Economic Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, White Mountain Gateway Economic Development Corporation (EIN: 10573568) significant concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
How does White Mountain Gateway Economic Development Corporation spend its money?
Detailed spending breakdown data is not yet available for White Mountain Gateway Economic Development Corporation. Check back for updated IRS 990 analysis.
Are donations to White Mountain Gateway Economic Development Corporation tax-deductible?
White Mountain Gateway Economic Development Corporation is registered as a tax-exempt nonprofit (EIN: 10573568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does the latest filing show $0 in revenue and assets, while previous filings reported significant assets?
The provided data indicates a sharp decline from $221,856 in assets in 201512 to $0 in the latest filing, and revenue from $1,245 to $0. This suggests the organization may have ceased operations or transferred its assets.
Is White Mountain Gateway Economic Development Corporation still active?
Based on the latest reported $0 revenue and assets, it appears the organization is either inactive or has significantly scaled down its operations to a point of dormancy.
What were the primary expenses when the organization was active?
The provided data only gives total expenses (e.g., $2,134 in 201512) but does not break them down into program, administrative, or fundraising categories, making it impossible to determine primary expense areas.
Filing History
IRS 990 filing history for White Mountain Gateway Economic Development Corporation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2013–2015), White Mountain Gateway Economic Development Corporation's revenue has declined by 99.4%, moving from $209K to $1K. Total assets decreased by 0% over the same period, from $222K to $222K. Total functional expenses rose by 79.3%, from $1K to $2K. In its most recent filing year (2015), White Mountain Gateway Economic Development Corporation reported a deficit of $889, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2015 | $1K | $2K | $222K | $0 | — | View 990 |
| 2014 | $2K | $1K | $223K | $0 | — | View 990 |
| 2013 | $209K | $1K | $222K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $1K, expenses of $2K, and assets of $222K (revenue -31.6% year-over-year).
- 2014: Revenue of $2K, expenses of $1K, and assets of $223K (revenue -99.1% year-over-year).
- 2013: Revenue of $209K, expenses of $1K, and assets of $222K.
Data Sources and Methodology
This transparency report for White Mountain Gateway Economic Development Corporation 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.