Wolfeboro Cross Country Ski Association
Wolfeboro Cross Country Ski Association: Strong Asset Growth, Limited Program Spending
EIN: 222564610 · Wolfeboro, NH · NTEE: S40 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $272K |
| Total Expenses | $56K |
| Program Spending | 21% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $531K |
| Transparency Score | 65/100 |
Is Wolfeboro Cross Country Ski Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wolfeboro Cross Country Ski Association directs 21% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Wolfeboro Cross Country Ski Association
Wolfeboro Cross Country Ski Association (EIN: 222564610) is a nonprofit organization based in Wolfeboro, NH, classified under NTEE code S40. The organization reported total revenue of $272K and total assets of $531K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wolfeboro Cross Country Ski Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wolfeboro Cross Country Ski Association is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 18.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $56K |
| Surplus / Deficit | +$216K |
| Total Assets | $531K |
| Net Assets | $531K |
| Operating Margin | 79.4% |
| Months of Reserves | 113.6 months |
Financial Health Grade: A
In 2023, Wolfeboro Cross Country Ski Association reported a surplus of $216K with revenue exceeding expenses, holds 113.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Wolfeboro Cross Country Ski Association's revenue has grown at a compound annual growth rate (CAGR) of 18.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +169.0% | +17.3% | +68.6% |
| 2022 | +38.8% | +21.6% | +20.4% |
| 2021 | -48.4% | +52.9% | +14.7% |
| 2020 | +170.9% | -48.1% | +102.5% |
| 2019 | +40.1% | +30.2% | +2.4% |
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 Wolfeboro Cross Country Ski Association 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: 40%
- programs: 21%
- fundraising: 39%
According to IRS 990 filings, Wolfeboro Cross Country Ski Association allocates its expenses as follows: admin: 40%, programs: 21%, fundraising: 39%. Only 21% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $216K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports $0 in executive compensation across all available filings, suggesting a volunteer-led or very low-cost leadership structure.
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 Wolfeboro Cross Country Ski Association's IRS 990 filings:
- Program service expenses are consistently low, representing only 21% of total expenses in 2023 ($56,091 out of $272,147), raising questions about direct impact.
- A significant portion of expenses appears to be administrative and fundraising, with 'other expenses' (line 17 on 990-EZ) often exceeding program service expenses.
- The rapid growth in assets from $110,120 in 2018 to $531,224 in 2023, while positive for financial health, is not clearly tied to increased program delivery based on reported expenses.
Strengths
The following positive indicators were identified for Wolfeboro Cross Country Ski Association:
- Consistent asset growth demonstrates strong financial stewardship and stability.
- Zero reported executive compensation indicates efficient use of funds at the leadership level.
- The organization has consistently filed its 990-EZ forms, indicating compliance and transparency in reporting.
Frequently Asked Questions about Wolfeboro Cross Country Ski Association
Is Wolfeboro Cross Country Ski Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolfeboro Cross Country Ski Association (EIN: 222564610) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Wolfeboro Cross Country Ski Association spend its money?
Wolfeboro Cross Country Ski Association directs 21% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wolfeboro Cross Country Ski Association tax-deductible?
Wolfeboro Cross Country Ski Association is registered as a tax-exempt nonprofit (EIN: 222564610). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wolfeboro Cross Country Ski Association CEO make?
Wolfeboro Cross Country Ski Association's highest-compensated officer earns $0 annually. The organization reported $272K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wolfeboro Cross Country Ski Association's spending goes to programs?
Wolfeboro Cross Country Ski Association directs 21% to programs, 39% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Wolfeboro Cross Country Ski Association compare to similar nonprofits?
With a transparency score of 65/100 (Good), Wolfeboro Cross Country Ski Association is above average for NTEE category S40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wolfeboro Cross Country Ski Association located?
Wolfeboro Cross Country Ski Association is headquartered in Wolfeboro, New Hampshire and files with the IRS under EIN 222564610. It is classified under NTEE code S40.
How many years of IRS 990 filings does Wolfeboro Cross Country Ski Association have?
Wolfeboro Cross Country Ski Association has 12 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 $272K in total revenue.
What does Wolfeboro Cross Country Ski Association do?
Wolfeboro Cross Country Ski Association is a nonprofit organization in the Community Improvement sector, located in Wolfeboro, New Hampshire. It is classified under NTEE code S40.
How much revenue does Wolfeboro Cross Country Ski Association have?
Wolfeboro Cross Country Ski Association reported total revenue of $272,147. Based on 12 IRS 990 filings on record.
What are Wolfeboro Cross Country Ski Association's total assets?
Wolfeboro Cross Country Ski Association holds total assets of $531,224 as reported in IRS 990 filings.
Where is Wolfeboro Cross Country Ski Association located?
Wolfeboro Cross Country Ski Association is based in Wolfeboro, New Hampshire.
What is Wolfeboro Cross Country Ski Association's EIN?
Wolfeboro Cross Country Ski Association's Employer Identification Number (EIN) is 222564610. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wolfeboro Cross Country Ski Association?
Wolfeboro Cross Country Ski Association is classified under NTEE code S40 (Community Improvement).
Is Wolfeboro Cross Country Ski Association a registered 501(c)(3)?
Yes, Wolfeboro Cross Country Ski Association is recognized as a tax-exempt organization by the IRS. EIN: 222564610.
Does Wolfeboro Cross Country Ski Association file IRS Form 990?
Yes, Wolfeboro Cross Country Ski Association has 12 IRS Form 990 filings on record. The most recent covers tax period 202305.
What was Wolfeboro Cross Country Ski Association's revenue in 2023?
In the 202305 filing period, Wolfeboro Cross Country Ski Association reported total revenue of $272,147, total expenses of $56,091, and net assets of $531,224.
Is Wolfeboro Cross Country Ski Association's revenue growing or declining?
Wolfeboro Cross Country Ski Association's revenue is growing. Revenue went from $101,161 (202205) to $272,147 (202305), a +169.0% change. Based on 12 filings on record.
What is Wolfeboro Cross Country Ski Association's most recent 990 filing?
The most recent IRS Form 990 filing for Wolfeboro Cross Country Ski Association covers tax period 202305. It shows revenue of $272,147, expenses of $56,091, total assets of $531,224, and liabilities of N/A.
How much does Wolfeboro Cross Country Ski Association spend on programs vs administration?
Based on IRS 990 analysis, Wolfeboro Cross Country Ski Association allocates approximately 21% of expenses to program services, 40% to administrative costs, and 39% to fundraising. Overhead costs appear high relative to program spending.
Is Wolfeboro Cross Country Ski Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Wolfeboro Cross Country Ski Association shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Wolfeboro Cross Country Ski Association?
The following concerns were identified: Program service expenses are consistently low, representing only 21% of total expenses in 2023 ($56,091 out of $272,147), raising questions about direct impact.. A significant portion of expenses appears to be administrative and fundraising, with 'other expenses' (line 17 on 990-EZ) often exceeding program service expenses.. The rapid growth in assets from $110,120 in 2018 to $531,224 in 2023, while positive for financial health, is not clearly tied to increased program delivery based on reported expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wolfeboro Cross Country Ski Association's strengths?
Positive indicators for Wolfeboro Cross Country Ski Association include: Consistent asset growth demonstrates strong financial stewardship and stability.. Zero reported executive compensation indicates efficient use of funds at the leadership level.. The organization has consistently filed its 990-EZ forms, indicating compliance and transparency in reporting.. These findings are derived from AI analysis of the organization's financial filings.
How does Wolfeboro Cross Country Ski Association compensate executives?
The organization reports $0 in executive compensation across all available filings, suggesting a volunteer-led or very low-cost leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial asset growth and low program spending, what is the long-term strategic plan for utilizing these accumulated assets to further the mission?
The filings do not explicitly detail a strategic plan for asset utilization. The consistent accumulation suggests either a future large-scale project, endowment building, or a conservative spending approach.
How does the organization define and measure its program impact, considering the relatively small proportion of expenses allocated to program services?
The 990-EZ forms provide limited detail on program impact metrics. The low program service expense suggests that the direct delivery of services might be highly efficient, or the scope of direct programs is limited.
Filing History
IRS 990 filing history for Wolfeboro Cross Country Ski Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Wolfeboro Cross Country Ski Association's revenue has grown by 563.2%, moving from $41K to $272K. Total assets increased by 372.6% over the same period, from $112K to $531K. Total functional expenses rose by 45.2%, from $39K to $56K. In its most recent filing year (2023), Wolfeboro Cross Country Ski Association reported a surplus of $216K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $56K | $531K | $0 | — | View 990 |
| 2022 | $101K | $48K | $315K | $0 | — | View 990 |
| 2021 | $73K | $39K | $262K | $0 | — | — |
| 2020 | $141K | $26K | $228K | $0 | — | View 990 |
| 2019 | $52K | $50K | $113K | $0 | — | View 990 |
| 2018 | $37K | $38K | $110K | $0 | — | View 990 |
| 2017 | $52K | $53K | $111K | $4K | — | View 990 |
| 2016 | $32K | $36K | $112K | $4K | — | View 990 |
| 2015 | $47K | $51K | $116K | $4K | — | View 990 |
| 2014 | $47K | $47K | $119K | $4K | — | View 990 |
| 2013 | $37K | $29K | $120K | $4K | — | View 990 |
| 2012 | $41K | $39K | $112K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $56K, and assets of $531K (revenue +169.0% year-over-year).
- 2022: Revenue of $101K, expenses of $48K, and assets of $315K (revenue +38.8% year-over-year).
- 2021: Revenue of $73K, expenses of $39K, and assets of $262K (revenue -48.4% year-over-year).
- 2020: Revenue of $141K, expenses of $26K, and assets of $228K (revenue +170.9% year-over-year).
- 2019: Revenue of $52K, expenses of $50K, and assets of $113K (revenue +40.1% year-over-year).
- 2018: Revenue of $37K, expenses of $38K, and assets of $110K (revenue -28.7% year-over-year).
- 2017: Revenue of $52K, expenses of $53K, and assets of $111K (revenue +61.7% year-over-year).
- 2016: Revenue of $32K, expenses of $36K, and assets of $112K (revenue -31.8% year-over-year).
- 2015: Revenue of $47K, expenses of $51K, and assets of $116K (revenue +1.4% year-over-year).
- 2014: Revenue of $47K, expenses of $47K, and assets of $119K (revenue +27.3% year-over-year).
- 2013: Revenue of $37K, expenses of $29K, and assets of $120K (revenue -10.8% year-over-year).
- 2012: Revenue of $41K, expenses of $39K, and assets of $112K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wolfeboro Cross Country Ski Association:
Data Sources and Methodology
This transparency report for Wolfeboro Cross Country Ski 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.