Whitefish Legacy Partners Inc

Whitefish Legacy Partners Inc shows strong financial growth and zero executive compensation.

EIN: 200674119 · Whitefish, MT · NTEE: C30 · Updated: 2026-03-28

$1.7MRevenue

$4.4MAssets

92/100Mission Score (Excellent)

C30

About Whitefish Legacy Partners Inc

Whitefish Legacy Partners Inc (EIN: 200674119) is a nonprofit organization based in Whitefish, MT, classified under NTEE code C30. The organization reported total revenue of $1.7M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whitefish Legacy Partners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Whitefish Legacy Partners Inc demonstrates strong financial health and efficient spending, particularly in its most recent filing period. In 2023, the organization reported revenue of $2,515,854 against expenses of $911,218, indicating a substantial surplus that contributed to a healthy asset base of $3,517,358. This trend of revenue exceeding expenses is consistent across most recent years, allowing for significant asset growth from $1,069,280 in 2019 to over $3.5 million in 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-driven spending rather than executive enrichment. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall low expense ratio relative to revenue suggests efficient operations. The organization's liabilities have remained very low, further underscoring its financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Whitefish Legacy Partners Inc with a Mission Score of 92 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Whitefish Legacy Partners Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filing periods, indicating that no officers received compensation from the organization. This is highly commendable and suggests a strong commitment to directing resources towards the organization's mission rather than executive salaries.

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 Whitefish Legacy Partners Inc:

Consistent asset growth, reaching $3,517,358 in 2023.
Zero officer compensation reported across all filing periods.
Strong revenue growth, particularly in the most recent filing period ($2,515,854 in 2023).
Low liabilities, indicating strong financial stability.
Expenses consistently well below revenue in recent years, leading to healthy surpluses.

Frequently Asked Questions about Whitefish Legacy Partners Inc

Is Whitefish Legacy Partners Inc a good charity?

Based on the provided financial data, Whitefish Legacy Partners Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings.

How has the organization's financial health changed over time?

The organization has shown significant financial growth and improved stability. Assets have grown from $1,069,280 in 2019 to $3,517,358 in 2023, and revenue has consistently outpaced expenses in recent years, leading to healthy surpluses.

What is the trend in revenue and expenses?

Revenue has generally increased significantly, especially from $525,523 in 2019 to $2,515,854 in 2023. Expenses have also increased but at a much slower rate, leading to substantial net income and asset accumulation in recent periods.

Filing History

IRS 990 filing history for Whitefish Legacy Partners Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Whitefish Legacy Partners Inc's revenue has grown by 75.5%, moving from $1.4M to $2.5M. Total assets increased by 162.2% over the same period, from $1.3M to $3.5M. Total functional expenses rose by 433.2%, from $171K to $911K. In its most recent filing year (2023), Whitefish Legacy Partners Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $14K in liabilities against $3.5M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $3.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.5M	$911K	$3.5M	$14K	—	—
2022	$1.1M	$931K	$1.9M	$27K	—	View 990
2021	$824K	$381K	$1.7M	$1K	—	View 990
2020	$594K	$411K	$1.3M	$37K	—	View 990
2019	$526K	$402K	$1.1M	$7K	—	View 990
2018	$512K	$614K	$920K	$4K	—	View 990
2017	$545K	$410K	$1.0M	$4K	—	—
2016	$469K	$371K	$884K	$1K	—	View 990
2015	$466K	$292K	$785K	$1K	—	View 990
2014	$4.0M	$3.8M	$607K	$0	—	View 990
2013	$2.1M	$4.7M	$501K	$189	—	View 990
2012	$3.0M	$338K	$3.0M	$2K	—	View 990
2011	$1.4M	$171K	$1.3M	$1K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.5M, expenses of $911K, and assets of $3.5M (revenue +127.0% year-over-year).
2022: Revenue of $1.1M, expenses of $931K, and assets of $1.9M (revenue +34.4% year-over-year).
2021: Revenue of $824K, expenses of $381K, and assets of $1.7M (revenue +38.8% year-over-year).
2020: Revenue of $594K, expenses of $411K, and assets of $1.3M (revenue +13.1% year-over-year).
2019: Revenue of $526K, expenses of $402K, and assets of $1.1M (revenue +2.6% year-over-year).
2018: Revenue of $512K, expenses of $614K, and assets of $920K (revenue -6.0% year-over-year).
2017: Revenue of $545K, expenses of $410K, and assets of $1.0M (revenue +16.0% year-over-year).
2016: Revenue of $469K, expenses of $371K, and assets of $884K (revenue +0.7% year-over-year).
2015: Revenue of $466K, expenses of $292K, and assets of $785K (revenue -88.2% year-over-year).
2014: Revenue of $4.0M, expenses of $3.8M, and assets of $607K (revenue +84.4% year-over-year).
2013: Revenue of $2.1M, expenses of $4.7M, and assets of $501K (revenue -29.1% year-over-year).
2012: Revenue of $3.0M, expenses of $338K, and assets of $3.0M (revenue +111.2% year-over-year).
2011: Revenue of $1.4M, expenses of $171K, and assets of $1.3M.

Data Sources and Methodology

This transparency report for Whitefish Legacy Partners 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.