Whittier Falls INC FY2020 filing

Not tax-deductible

Dover, NHMutual-benefit / member-servingSince 2014Community DevelopmentEIN 47-0985665Revenue $641K in FY2020

On file with the IRS62 Whittier St, 03820-2946 · Dover, NHTax-exempt since Sep 2015

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Provide housing for low income elderly people.

93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $23K a year · 3% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 10.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.0M
59% of total assets
Fine: liabilities are 59% of assets; 50% to 65%.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$641K
Spent
$701K
To programs
93%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$641K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$641K
FY2021$640K
FY2022$641K
FY2023$666K
FY2024$722K
FY2025$798K
Expenses
$701K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$701K
FY2021$725K
FY2022$660K
FY2023$704K
FY2024$736K
FY2025$722K
Net assets
$1.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.3M
FY2022$1.3M
FY2023$1.3M
FY2024$1.3M
FY2025$1.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $650K Management & general 7% · $51K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
President, Secretary, Dire
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Whittier Falls INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers housing to low-income elderly individuals.

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Provided by the organization

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1 program · $650K · in their own filed words · FY2020
01

Program provides housing for elderly and low income people

$650Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$641K
Ln 12
Fees for servicesLn 2g$638K
Investment incomeLn 3$2K
Other incomeLn 4–11$1K
Money outPt IX
$701K
Ln 25
Programscol B$650K
Managementcol C$51K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$628K
Total assetsLn 16$3.5M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$638K
Investment incomeLn 3$2K
Other incomeLn 4–11$1K
Total revenueLn 12$641K
Assets in detailPt X, end of year
CashLn 1$44K
SavingsLn 2$584K
Cash and savings togetherLn 1–2$628K
InvestmentsLn 11–13$43K
Land, buildings, equipmentLn 10c$2.8M
Total assetsLn 16$3.5M
LiabilitiesLn 26$2.0M
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$604K$628K
InvestmentsLn 11–13$42K$43K
Land, buildings, equipmentLn 10c$2.9M$2.8M
Total assetsLn 16$3.6M$3.5M
LiabilitiesLn 26$2.1M$2.0M
Net assetsLn 32$1.5M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$122K$122K
Payroll taxesLn 10$11K$11K
Management feesLn 11a$46K$46K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$5K$5K
Advertising and promotionLn 12$264$264
Office expensesLn 13$4K$4K
InterestLn 20$91K$91K
Depreciation, depletion and amortizationLn 22$182K$182K
InsuranceLn 23$21K$21K
Other expenses (24a–d)Ln 24$211K$211K
All other expensesLn 24e$123$123
Total functional expensesLn 25$701K$650K$51K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $798K$722K$76K$1.3M 990 PDF
FY2024 $722K$736K−$14K$1.3M 990 PDF
FY2023 $666K$704K−$38K$1.3M 990 PDF
FY2022 $641K$660K−$19K$1.3M 990 PDF
FY2021 $640K$725K−$85K$1.3M 990 PDF
FY2020 Viewing $641K$701K−$60K$1.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $640,883 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $617,665$638,003
I-10 Investment incomePrior year $3,842$1,810
I-11 Other revenuePrior year $620$1,070
I-12 Total revenuePrior year $622,127$640,883
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $111,515$132,443
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $568,517$568,429
I-18 Total expensesPrior year $680,032$700,872
I-19 Revenue less expensesPrior year −$57,905−$59,989
Part VI · Governance 4 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $640,883 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $638,003$638,003
VIII-3 Investment incomeExcluded from tax $1,810$1,810
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,070$1,070
VIII-12 Total revenueRelated to mission $639,073 · Unrelated business $0 · Excluded from tax $1,810$640,883
Part IX · Statement of functional expenses $700,872 across 12 lines filed
IX-7 Other salaries and wagesPrograms $121,848$121,848
IX-10 Payroll taxesPrograms $10,595$10,595
IX-11a Management feesManagement $45,900$45,900
IX-11b Legal feesPrograms $6,674$6,674
IX-11c Accounting feesManagement $5,175$5,175
IX-12 Advertising and promotionPrograms $264$264
IX-13 Office expensesPrograms $4,287$4,287
IX-20 InterestPrograms $91,459$91,459
IX-22 Depreciation, depletion and amortizationPrograms $182,208$182,208
IX-23 InsurancePrograms $21,341$21,341
IX-24 Other expenses (24a–d)Programs $210,998$210,998
IX-24e All other expensesPrograms $123$123
IX-25 Total functional expensesPrograms $649,797 · Management $51,075 · Fundraising $0$700,872
Part X · Balance sheet $3,460,715 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $31,614$43,955
X-2 Savings and temporary cash investmentsStart of year $572,434$584,180
X-4 Accounts receivableStart of year $510$2,306
X-9 Prepaid expenses and deferred chargesStart of year $6,931$7,206
X-10c Land, buildings and equipment, netStart of year $2,890,577$2,760,164
X-12 Other securitiesStart of year $41,958$42,519
X-14 Intangible assetsStart of year $22,321$20,385
X-16 Total assetsStart of year $3,566,345$3,460,715
X-17 Accounts payable and accrued expensesStart of year $45,526$44,302
X-19 Deferred revenueStart of year $4,292$3,671
X-25 Other liabilitiesStart of year $42,030$42,519
X-26 Total liabilitiesStart of year $2,084,089$2,038,448
X-32 Total net assets or fund balancesStart of year $1,482,256$1,422,267
X-33 Total liabilities and net assetsStart of year $3,566,345$3,460,715
Part XI · Reconciliation of net assets $1,422,267 net assets at year end
XI-1 Total revenue$640,883
XI-2 Total expenses$700,872
XI-3 Revenue less expenses−$59,989
XI-4 Net assets at start of year$1,482,256
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,422,267

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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