Wilton Main Street Association
Wilton Main Street Association maintains stable assets with fluctuating, but recently lower, revenue and expenses, operating with no officer compensation.
EIN: 20501970 · Wilton, NH · NTEE: S200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $41K |
| Total Expenses | $6K |
| Program Spending | 90% |
| Net Assets | $110K |
| Transparency Score | 85/100 |
Is Wilton Main Street Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wilton Main Street Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wilton Main Street Association
Wilton Main Street Association (EIN: 20501970) is a nonprofit organization based in Wilton, NH, classified under NTEE code S200. The organization reported total revenue of $41K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wilton Main Street Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wilton Main Street Association is a micro nonprofit that has been operating for 27 years, with 7 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $6K |
| Surplus / Deficit | +$6K |
| Total Assets | $110K |
| Net Assets | $110K |
| Operating Margin | 50.6% |
| Months of Reserves | 210.1 months |
Financial Health Grade: A
In 2023, Wilton Main Street Association reported a surplus of $6K with revenue exceeding expenses, holds 210.1 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2023), Wilton Main Street Association's revenue has declined at a compound annual growth rate (CAGR) of -15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +189.0% | +4.5% | +6.8% |
| 2022 | -82.4% | -47.3% | -1.5% |
| 2021 | -67.8% | -79.5% | +47.5% |
| 2014 | +17.0% | -27.0% | -79.2% |
| 2013 | -17.4% | -22.4% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Wilton Main Street Association 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Wilton Main Street Association allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $6K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all seven filings, indicating that its leadership is entirely volunteer-based, which is highly efficient for a nonprofit of its size.
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 Wilton Main Street Association's IRS 990 filings:
- Significant decline in revenue and expenses over the past decade, indicating a potential reduction in program scope or activity level.
Strengths
The following positive indicators were identified for Wilton Main Street Association:
- Consistent reporting of 0% officer compensation, indicating a highly efficient, volunteer-driven leadership.
- Stable asset base, with assets consistently exceeding liabilities across all reported periods (e.g., $109,765 assets and $0 liabilities in 2023).
- Consistent IRS 990 filing history, demonstrating commitment to transparency.
- Low expense ratios in recent years relative to revenue, suggesting efficient use of funds (e.g., $6,269 expenses vs. $12,691 revenue in 2023).
Frequently Asked Questions about Wilton Main Street Association
Is Wilton Main Street Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Wilton Main Street Association (EIN: 20501970) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Wilton Main Street Association spend its money?
Wilton Main Street Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wilton Main Street Association tax-deductible?
Wilton Main Street Association is registered as a tax-exempt nonprofit (EIN: 20501970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wilton Main Street Association's spending goes to programs?
Wilton Main Street Association directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wilton Main Street Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wilton Main Street Association is above average for NTEE category S200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wilton Main Street Association located?
Wilton Main Street Association is headquartered in Wilton, New Hampshire and files with the IRS under EIN 20501970. It is classified under NTEE code S200.
How many years of IRS 990 filings does Wilton Main Street Association have?
Wilton Main Street Association has 7 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 $41K in total revenue.
Is Wilton Main Street Association a good charity?
Based on the available data, Wilton Main Street Association appears to be a good charity. It operates with no paid executive compensation, maintains stable assets, and consistently files its IRS 990s, demonstrating transparency and efficient use of resources, particularly in recent years where expenses are low relative to revenue.
Why did the organization's revenue and expenses decrease so significantly from 2011-2014 to 2021-2023?
The financial data shows a substantial decrease in both revenue and expenses from periods like 2011-2014 (e.g., $91,575 revenue in 2011) compared to 2021-2023 (e.g., $12,691 revenue in 2023). This suggests a significant scaling down of operations or a shift in funding model, which would require further inquiry into their program activities during those periods.
How does the organization fund its operations without officer compensation?
The consistent reporting of 0% officer compensation indicates that the organization relies entirely on volunteer leadership for its management and oversight. This allows a greater proportion of its revenue to be directed towards program activities and operational costs.
Filing History
IRS 990 filing history for Wilton Main Street Association showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2023), Wilton Main Street Association's revenue has declined by 86.1%, moving from $92K to $13K. Total assets decreased by 70.9% over the same period, from $377K to $110K. Total functional expenses fell by 94.7%, from $118K to $6K. In its most recent filing year (2023), Wilton Main Street Association reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13K | $6K | $110K | $0 | — | — |
| 2022 | $4K | $6K | $103K | $0 | — | View 990 |
| 2021 | $25K | $11K | $104K | $0 | — | — |
| 2014 | $77K | $55K | $71K | $0 | — | View 990 |
| 2013 | $66K | $76K | $340K | $291K | — | View 990 |
| 2012 | $80K | $98K | $350K | $291K | — | View 990 |
| 2011 | $92K | $118K | $377K | $299K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13K, expenses of $6K, and assets of $110K (revenue +189.0% year-over-year).
- 2022: Revenue of $4K, expenses of $6K, and assets of $103K (revenue -82.4% year-over-year).
- 2021: Revenue of $25K, expenses of $11K, and assets of $104K (revenue -67.8% year-over-year).
- 2014: Revenue of $77K, expenses of $55K, and assets of $71K (revenue +17.0% year-over-year).
- 2013: Revenue of $66K, expenses of $76K, and assets of $340K (revenue -17.4% year-over-year).
- 2012: Revenue of $80K, expenses of $98K, and assets of $350K (revenue -12.6% year-over-year).
- 2011: Revenue of $92K, expenses of $118K, and assets of $377K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wilton Main Street Association:
Data Sources and Methodology
This transparency report for Wilton Main Street 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.