Whitestone Community Association
Whitestone Community Association maintains stable finances with no executive compensation reported.
EIN: 200163891 · Delta Junction, AK · NTEE: S20 · Updated: 2026-03-28
Is Whitestone Community Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Whitestone Community Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Whitestone Community Association
Whitestone Community Association (EIN: 200163891) is a nonprofit organization based in Delta Junction, AK, classified under NTEE code S20. The organization reported total revenue of $404K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whitestone Community Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Whitestone Community Association is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $416K |
| Total Expenses | $415K |
| Surplus / Deficit | +$791 |
| Total Assets | $1.3M |
| Total Liabilities | $11K |
| Net Assets | $1.3M |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 37.4 months |
Financial Health Grade: A
In 2023, Whitestone Community Association reported a surplus of $791 with revenue exceeding expenses, holds 37.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Whitestone Community Association's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.1% | +44.1% | +0.5% |
| 2022 | -26.5% | -24.2% | +1.1% |
| 2021 | -24.7% | -26.5% | +0.7% |
| 2020 | +25.0% | +17.8% | +1.3% |
| 2019 | +4.5% | +3.7% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Whitestone Community Association with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Whitestone Community Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $791, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization of its size with assets over $1 million and annual revenues exceeding $400,000, suggesting a volunteer-led or very lean operational structure at the leadership level.
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 Whitestone Community Association's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency analysis challenging without full 990s.
Strengths
The following positive indicators were identified for Whitestone Community Association:
- Consistent financial stability with assets significantly exceeding liabilities (e.g., $1,295,212 assets vs. $10,735 liabilities in 2023).
- Zero reported officer compensation across all filings, indicating highly efficient use of funds for mission-related activities.
- Strong transparency with a consistent history of 13 IRS 990 filings.
- Operations consistently near break-even, suggesting funds are actively deployed for current needs rather than accumulating excessive reserves.
- Stable asset base over $1.2 million, providing a solid financial foundation.
Frequently Asked Questions about Whitestone Community Association
Is Whitestone Community Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Whitestone Community Association (EIN: 200163891) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Whitestone Community Association spend its money?
Whitestone Community Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Whitestone Community Association tax-deductible?
Whitestone Community Association is registered as a tax-exempt nonprofit (EIN: 200163891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Whitestone Community Association a good charity?
Based on the provided financial data, Whitestone Community Association appears to be a very good charity. It demonstrates strong financial health with stable assets and low liabilities, operates efficiently with no reported officer compensation, and consistently files its IRS 990s, indicating good transparency.
How does Whitestone Community Association manage its executive leadership without compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or that compensation is structured in a way that it is not reported as 'officer compensation' on the 990, though the former is more likely given the consistent reporting.
What is the trend in Whitestone Community Association's revenue and expenses?
Whitestone Community Association's revenue and expenses have fluctuated over the years but generally remain in a similar range, often between $300,000 and $500,000 annually. The organization consistently operates near break-even, with expenses closely matching revenue, indicating a focus on utilizing funds for current operations.
How stable are Whitestone Community Association's assets?
The organization's assets have remained very stable, consistently above $1.2 million and often around $1.3 million to $1.4 million over the past decade. This indicates a strong financial foundation and good asset management.
Filing History
IRS 990 filing history for Whitestone Community Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Whitestone Community Association's revenue has grown by 56.4%, moving from $266K to $416K. Total assets decreased by 19.4% over the same period, from $1.6M to $1.3M. Total functional expenses rose by 56.7%, from $265K to $415K. In its most recent filing year (2023), Whitestone Community Association reported a surplus of $791, with revenue exceeding expenses. The organization holds $11K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $416K | $415K | $1.3M | $11K | — | — |
| 2022 | $291K | $288K | $1.3M | $8K | — | View 990 |
| 2021 | $395K | $380K | $1.3M | $7K | — | View 990 |
| 2020 | $525K | $516K | $1.3M | $12K | — | View 990 |
| 2019 | $420K | $439K | $1.2M | $4K | — | View 990 |
| 2018 | $402K | $423K | $1.3M | $25K | — | View 990 |
| 2017 | $460K | $485K | $1.3M | $12K | — | View 990 |
| 2016 | $244K | $273K | $1.3M | $18K | — | View 990 |
| 2015 | $111K | $180K | $1.3M | $7K | — | View 990 |
| 2014 | $39K | $102K | $1.4M | $373 | — | View 990 |
| 2013 | $52K | $106K | $1.5M | $1K | — | View 990 |
| 2012 | $41K | $125K | $1.5M | $1K | — | View 990 |
| 2011 | $266K | $265K | $1.6M | $532 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $416K, expenses of $415K, and assets of $1.3M (revenue +43.1% year-over-year).
- 2022: Revenue of $291K, expenses of $288K, and assets of $1.3M (revenue -26.5% year-over-year).
- 2021: Revenue of $395K, expenses of $380K, and assets of $1.3M (revenue -24.7% year-over-year).
- 2020: Revenue of $525K, expenses of $516K, and assets of $1.3M (revenue +25.0% year-over-year).
- 2019: Revenue of $420K, expenses of $439K, and assets of $1.2M (revenue +4.5% year-over-year).
- 2018: Revenue of $402K, expenses of $423K, and assets of $1.3M (revenue -12.7% year-over-year).
- 2017: Revenue of $460K, expenses of $485K, and assets of $1.3M (revenue +88.6% year-over-year).
- 2016: Revenue of $244K, expenses of $273K, and assets of $1.3M (revenue +119.9% year-over-year).
- 2015: Revenue of $111K, expenses of $180K, and assets of $1.3M (revenue +181.2% year-over-year).
- 2014: Revenue of $39K, expenses of $102K, and assets of $1.4M (revenue -24.8% year-over-year).
- 2013: Revenue of $52K, expenses of $106K, and assets of $1.5M (revenue +26.5% year-over-year).
- 2012: Revenue of $41K, expenses of $125K, and assets of $1.5M (revenue -84.4% year-over-year).
- 2011: Revenue of $266K, expenses of $265K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Whitestone Community Association:
Data Sources and Methodology
This transparency report for Whitestone Community Association 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.