150 Cherry Street Inc
150 Cherry Street Inc. shows a history of consistent revenue and expenses, with recent filings indicating zero financial activity.
EIN: 205196967 · Burlington, VT · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.2M |
| Program Spending | 80% |
| Net Assets | $47K |
| Transparency Score | 70/100 |
Is 150 Cherry Street Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
150 Cherry Street Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 150 Cherry Street Inc
150 Cherry Street Inc (EIN: 205196967) is a nonprofit organization based in Burlington, VT, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 150 Cherry Street Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
150 Cherry Street Inc is a mid-size nonprofit that has been operating for 19 years, with 3 years of IRS 990 filings on record (2010–2012). Revenue has grown at a compound annual rate of 14.7%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-18,711 |
| Total Assets | $125K |
| Total Liabilities | $78K |
| Net Assets | $47K |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 62.7% |
| Months of Reserves | 1.2 months |
Financial Health Grade: D
In 2012, 150 Cherry Street Inc reported a deficit of $19K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 62.7% (high leverage).
Financial Trends
Over 3 years of filings (2010–2012), 150 Cherry Street Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | +7.6% | +16.5% | +56.4% |
| 2011 | +22.4% | +17.1% | +209.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7120 |
| IRS Ruling Date | 2007 |
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 150 Cherry Street Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, 150 Cherry Street Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 62.7%.
Executive Compensation Analysis
Officer compensation was reported as 0% across all available filings, suggesting either a volunteer-led organization or that executive compensation is not reported under 'officer compensation' in these specific filings.
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 150 Cherry Street Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or reporting issues.
- Expenses slightly exceeded revenue in 2012, which could indicate a reliance on reserves or future funding.
Strengths
The following positive indicators were identified for 150 Cherry Street Inc:
- Consistent revenue generation over $900,000 annually from 2010-2012.
- No reported officer compensation in historical filings, suggesting efficient use of funds or volunteer leadership.
- Growth in assets from $25,871 in 2010 to $125,018 in 2012, indicating some financial stability prior to the recent $0 filing.
Frequently Asked Questions about 150 Cherry Street Inc
Is 150 Cherry Street Inc a legitimate charity?
150 Cherry Street Inc (EIN: 205196967) is a registered tax-exempt nonprofit based in Vermont. Our AI analysis gives it a Mission Score of 70/100. It has 3 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: D.
How does 150 Cherry Street Inc spend its money?
150 Cherry Street Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to 150 Cherry Street Inc tax-deductible?
150 Cherry Street Inc is registered as a tax-exempt nonprofit (EIN: 205196967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of 150 Cherry Street Inc's spending goes to programs?
150 Cherry Street Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 150 Cherry Street Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), 150 Cherry Street Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 150 Cherry Street Inc located?
150 Cherry Street Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 205196967. It is classified under NTEE code X20.
How many years of IRS 990 filings does 150 Cherry Street Inc have?
150 Cherry Street Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Why does the latest filing show $0 in revenue and assets?
The most recent data indicates a significant change, with both revenue and assets reported as $0. This could mean the organization has ceased operations, is in a dormant phase, or there's a reporting anomaly. Further investigation into their current status would be necessary.
What is the organization's current operational status given the $0 revenue and assets?
Based on the latest available data, the organization appears to have no financial activity. This could imply it is no longer active, has merged, or is undergoing a significant restructuring. Without more recent filings or direct information, its current operational status is unclear.
How did the organization manage its expenses relative to revenue historically?
Historically, 150 Cherry Street Inc. operated with a tight margin. In 2012, expenses ($1,212,063) slightly exceeded revenue ($1,193,352), while in 2011, revenue ($1,109,327) exceeded expenses ($1,040,296). This suggests a focus on spending nearly all available funds on its mission.
Filing History
IRS 990 filing history for 150 Cherry Street Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2010–2012), 150 Cherry Street Inc's revenue has grown by 31.6%, moving from $907K to $1.2M. Total assets increased by 383.2% over the same period, from $26K to $125K. Total functional expenses rose by 36.4%, from $889K to $1.2M. In its most recent filing year (2012), 150 Cherry Street Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $78K in liabilities against $125K in assets (debt-to-asset ratio: 62.7%), resulting in net assets of $47K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $1.2M | $1.2M | $125K | $78K | — | View 990 |
| 2011 | $1.1M | $1.0M | $80K | $15K | — | View 990 |
| 2010 | $907K | $889K | $26K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $125K (revenue +7.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.0M, and assets of $80K (revenue +22.4% year-over-year).
- 2010: Revenue of $907K, expenses of $889K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 150 Cherry Street Inc:
Data Sources and Methodology
This transparency report for 150 Cherry Street Inc 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.