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WATERFORD SPRINGS CORPORATION

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Public IRS 990 nonprofit record

WATERFORD SPRINGS CORPORATION

EIN 03-0264149

What they do

The Organizations Primary Mission is to Assist Community Members and Maintain Quality of Life In The Waterford Springs Planned Community.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.84%of revenue went to mission work100.0% of expenses · Program services
$91.35spent for every $100 of revenueRevenue covered expenses this year.
$1.59in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$170,523
Mission workProgram services$163,42395.84% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$7,1004.16% of revenueShown in gray on the chart
Total expenses$163,42395.84% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2022CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.84% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 94.47% of revenue
2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 123.13% of revenue

Money in and money out

Revenue$178,902
Expenses$163,423
Annual surplus $15,479 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$163,423 · 100.0% of expenses
See all reported dollar amounts
Revenue$178,902
Expenses$163,423
Assets$260,560
Income$178,902
Mission work (program services)$163,423
Accounting fees$15,767
People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (13)

ALEX FOWLERPRESIDENT

BOB WHITTAKERTRUSTEE

DIANE MAYTRUSTEE

DOUGLAS BORCHARDTREASURER

ELIZABETH BROWNTRUSTEE

JAMES MEIGSPRESIDENT

JOE INSKEEPTRUSTEE

JOHN BUCKLEYTRUSTEE

JUSTIN NOBLEEXECUTIVE VICE PRESIDENT

KAYLA BATEMANSECRETARY

MATTI PYLKKANENCONTROLLER

SARAH MORRISTRUSTEE

TIMOTHY YARROWCLERK

About this charity

Location
43 BIRCH TREE LN, WATERFORD, VT 05819-9300
County
Caledonia
In care of
Douglas Bourchard
Primary officer
Douglas Bourchard, Treasurer

How to reach them

Filing and classification

Latest tax year
2022
Tax period began
July 1, 2022
Return type
990
Tax preparer
CORRETTE AND ASSOCIATES PC

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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