White River Indie Films Incorporated
White River Indie Films Incorporated experiences significant revenue volatility and operates with a deficit in its latest fiscal year.
EIN: 201571658 · White River Junction, VT · NTEE: A60 · Updated: 2026-03-28
About White River Indie Films Incorporated
White River Indie Films Incorporated (EIN: 201571658) is a nonprofit organization based in White River Junction, VT, classified under NTEE code A60. The organization reported total revenue of $17K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of White River Indie Films Incorporated'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 River Indie Films Incorporated with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, White River Indie Films Incorporated allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers receive compensation from the organization. This suggests a volunteer-led or very lean leadership structure, which is commendable for a small organization with fluctuating revenues.
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 River Indie Films Incorporated's IRS 990 filings:
- Significant revenue volatility (e.g., $69,144 in 2021 to $17,347 in 2022)
- Operating at a deficit in the latest fiscal year (Expenses $31,937 exceeded Revenue $17,347 in 2022)
- Expenses exceeded revenue in multiple periods (2022, 2020, 2019, 2016, 2015, 2014, 2013)
Strengths
The following positive indicators were identified for White River Indie Films Incorporated:
- Consistently reports $0 in liabilities, indicating excellent debt management
- 0% officer compensation across all filings, suggesting efficient use of funds for leadership
- Consistent IRS 990 filing history (12 filings), demonstrating transparency and compliance
- Growing asset base over time, providing some financial cushion
Frequently Asked Questions about White River Indie Films Incorporated
Is White River Indie Films Incorporated financially stable?
The organization's financial stability is questionable due to significant revenue volatility (e.g., $69,144 in 2021 to $17,347 in 2022) and operating at a deficit in the latest period (Revenue $17,347 vs. Expenses $31,937 in 2022). While assets have grown, consistent deficits could erode reserves.
How does White River Indie Films Incorporated manage its debt?
White River Indie Films Incorporated has consistently reported $0 in liabilities across all 12 available filings, indicating excellent debt management and a strong balance sheet free of debt.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend over time, increasing from $5,453 in 2016 to $35,503 in 2022, suggesting some accumulation of reserves despite revenue fluctuations.
Why did revenue drop so sharply in 2022?
The provided data does not specify the reasons for the sharp drop in revenue from $69,144 in 2021 to $17,347 in 2022. This significant decrease warrants further investigation into funding sources or operational changes.
Filing History
IRS 990 filing history for White River Indie Films Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), White River Indie Films Incorporated's revenue has grown by 26.6%, moving from $14K to $17K. Total assets increased by 401.5% over the same period, from $7K to $36K. Total functional expenses rose by 93.2%, from $17K to $32K. In its most recent filing year (2022), White River Indie Films Incorporated reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $17K | $32K | $36K | $0 | — | View 990 |
| 2021 | $69K | $41K | $50K | $0 | — | View 990 |
| 2020 | $12K | $20K | $24K | $0 | — | View 990 |
| 2019 | $67K | $69K | $32K | $0 | — | View 990 |
| 2018 | $64K | $48K | $34K | $0 | — | View 990 |
| 2017 | $54K | $50K | $18K | $0 | — | View 990 |
| 2016 | $42K | $45K | $5K | $0 | — | View 990 |
| 2015 | $35K | $40K | $9K | $0 | — | View 990 |
| 2014 | $36K | $38K | $13K | $0 | — | View 990 |
| 2013 | $25K | $26K | $15K | $0 | — | View 990 |
| 2012 | $24K | $15K | $16K | $0 | — | View 990 |
| 2011 | $14K | $17K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $17K, expenses of $32K, and assets of $36K (revenue -74.9% year-over-year).
- 2021: Revenue of $69K, expenses of $41K, and assets of $50K (revenue +495.8% year-over-year).
- 2020: Revenue of $12K, expenses of $20K, and assets of $24K (revenue -82.7% year-over-year).
- 2019: Revenue of $67K, expenses of $69K, and assets of $32K (revenue +4.8% year-over-year).
- 2018: Revenue of $64K, expenses of $48K, and assets of $34K (revenue +17.4% year-over-year).
- 2017: Revenue of $54K, expenses of $50K, and assets of $18K (revenue +29.1% year-over-year).
- 2016: Revenue of $42K, expenses of $45K, and assets of $5K (revenue +19.7% year-over-year).
- 2015: Revenue of $35K, expenses of $40K, and assets of $9K (revenue -1.7% year-over-year).
- 2014: Revenue of $36K, expenses of $38K, and assets of $13K (revenue +43.4% year-over-year).
- 2013: Revenue of $25K, expenses of $26K, and assets of $15K (revenue +2.7% year-over-year).
- 2012: Revenue of $24K, expenses of $15K, and assets of $16K (revenue +77.6% year-over-year).
- 2011: Revenue of $14K, expenses of $17K, and assets of $7K.
Data Sources and Methodology
This transparency report for White River Indie Films Incorporated 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.