Eastview At Middlebury
Eastview At Middlebury shows consistent revenue growth and positive operating margins but carries significant liabilities.
EIN: 203537263 · Middlebury, VT · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.8M |
| Total Expenses | $7.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $-4,690,488 |
| Transparency Score | 70/100 |
Is Eastview At Middlebury Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eastview At Middlebury directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eastview At Middlebury
Eastview At Middlebury (EIN: 203537263) is a nonprofit organization based in Middlebury, VT, classified under NTEE code L22. The organization reported total revenue of $8.8M and total assets of $32.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastview At Middlebury's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastview At Middlebury is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 51.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.8M |
| Total Expenses | $7.7M |
| Surplus / Deficit | +$85K |
| Total Assets | $31.9M |
| Total Liabilities | $36.6M |
| Net Assets | $-4,690,488 |
| Operating Margin | 1.1% |
| Debt-to-Asset Ratio | 114.7% |
| Months of Reserves | 49.8 months |
Financial Health Grade: A
In 2023, Eastview At Middlebury reported a surplus of $85K with revenue exceeding expenses, holds 49.8 months of operating reserves (strong position), has a debt-to-asset ratio of 114.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eastview At Middlebury's revenue has grown at a compound annual growth rate (CAGR) of 51.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +6.0% | +5.6% |
| 2022 | +4.1% | +9.2% | +9.8% |
| 2021 | -7.0% | -2.0% | -0.4% |
| 2020 | +8.5% | +7.9% | +2.4% |
| 2019 | +7.0% | -0.9% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Eastview At Middlebury 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Eastview At Middlebury allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 114.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is unusual for an organization of this size with revenues exceeding $7 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which reduces transparency regarding leadership costs.
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 Eastview At Middlebury's IRS 990 filings:
- Consistently high liabilities exceeding assets across all reported periods, indicating significant debt or long-term obligations.
- 0% reported officer compensation across all filings, which is unusual for an organization of this scale and may obscure leadership costs.
Strengths
The following positive indicators were identified for Eastview At Middlebury:
- Consistent revenue growth over the past decade, from $4.9M in 2014 to $7.7M in 2023.
- Positive operating margins in recent years, with revenues exceeding expenses (e.g., $85,385 net income in 2023).
- Steady growth in assets, reaching over $31 million in 2023.
- Implied strong program focus given the NTEE code L22 (Continuing Care Retirement Communities) and consistent operational activity.
Frequently Asked Questions about Eastview At Middlebury
Is Eastview At Middlebury a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastview At Middlebury (EIN: 203537263) some concerns. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
How does Eastview At Middlebury spend its money?
Eastview At Middlebury directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eastview At Middlebury tax-deductible?
Eastview At Middlebury is registered as a tax-exempt nonprofit (EIN: 203537263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Eastview At Middlebury CEO make?
Eastview At Middlebury's highest-compensated officer earns $7 annually. The organization reported $8.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Eastview At Middlebury's spending goes to programs?
Eastview At Middlebury directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eastview At Middlebury compare to similar nonprofits?
With a transparency score of 70/100 (Good), Eastview At Middlebury is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eastview At Middlebury located?
Eastview At Middlebury is headquartered in Middlebury, Vermont and files with the IRS under EIN 203537263. It is classified under NTEE code L22.
How many years of IRS 990 filings does Eastview At Middlebury have?
Eastview At Middlebury has 13 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 $8.8M in total revenue.
Is Eastview At Middlebury financially stable?
Yes, Eastview At Middlebury appears operationally stable, with revenues generally exceeding expenses in recent years (e.g., $7,763,207 revenue vs. $7,677,822 expenses in 2023). Assets have also shown consistent growth, reaching $31,861,506 in 2023.
Why are liabilities consistently higher than assets?
The organization consistently reports liabilities significantly exceeding assets (e.g., $36,551,994 liabilities vs. $31,861,506 assets in 2023). This could indicate substantial long-term debt, such as mortgages for facilities, which is common for Continuing Care Retirement Communities (NTEE L22), but warrants further investigation into the nature of these obligations.
How does Eastview At Middlebury compensate its executives?
The provided IRS 990 data consistently shows 0% officer compensation across all filings. This suggests either a volunteer executive team or that executive compensation is reported within other expense categories, making it difficult to assess leadership compensation directly from this data.
Is the organization growing?
Yes, the organization shows consistent growth in both revenue and assets over the past decade. Revenue increased from $4,927,269 in 2014 to $7,763,207 in 2023, and assets grew from $29,750,139 to $31,861,506 in the same period.
Filing History
IRS 990 filing history for Eastview At Middlebury showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eastview At Middlebury's revenue has grown by 14712.2%, moving from $52K to $7.8M. Total assets increased by 42.6% over the same period, from $22.4M to $31.9M. Total functional expenses rose by 1752.4%, from $414K to $7.7M. In its most recent filing year (2023), Eastview At Middlebury reported a surplus of $85K, with revenue exceeding expenses. The organization holds $36.6M in liabilities against $31.9M in assets (debt-to-asset ratio: 114.7%), resulting in net assets of $-4,690,488.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.8M | $7.7M | $31.9M | $36.6M | — | — |
| 2022 | $6.9M | $7.2M | $30.2M | $36.1M | — | View 990 |
| 2021 | $6.7M | $6.6M | $27.5M | $33.2M | — | View 990 |
| 2020 | $7.2M | $6.8M | $27.6M | $33.3M | — | — |
| 2019 | $6.6M | $6.3M | $26.9M | $33.1M | — | View 990 |
| 2018 | $6.2M | $6.3M | $27.1M | $33.5M | — | View 990 |
| 2017 | $5.9M | $6.4M | $27.5M | $33.8M | — | View 990 |
| 2016 | $5.5M | $6.0M | $27.5M | $33.4M | — | View 990 |
| 2015 | $5.3M | $5.9M | $29.0M | $34.4M | — | View 990 |
| 2014 | $4.9M | $5.9M | $29.8M | $34.6M | — | View 990 |
| 2013 | $3.7M | $5.4M | $30.5M | $34.3M | — | View 990 |
| 2012 | $1.5M | $3.0M | $33.6M | $35.7M | — | View 990 |
| 2011 | $52K | $414K | $22.4M | $22.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.8M, expenses of $7.7M, and assets of $31.9M (revenue +12.0% year-over-year).
- 2022: Revenue of $6.9M, expenses of $7.2M, and assets of $30.2M (revenue +4.1% year-over-year).
- 2021: Revenue of $6.7M, expenses of $6.6M, and assets of $27.5M (revenue -7.0% year-over-year).
- 2020: Revenue of $7.2M, expenses of $6.8M, and assets of $27.6M (revenue +8.5% year-over-year).
- 2019: Revenue of $6.6M, expenses of $6.3M, and assets of $26.9M (revenue +7.0% year-over-year).
- 2018: Revenue of $6.2M, expenses of $6.3M, and assets of $27.1M (revenue +4.6% year-over-year).
- 2017: Revenue of $5.9M, expenses of $6.4M, and assets of $27.5M (revenue +6.6% year-over-year).
- 2016: Revenue of $5.5M, expenses of $6.0M, and assets of $27.5M (revenue +3.9% year-over-year).
- 2015: Revenue of $5.3M, expenses of $5.9M, and assets of $29.0M (revenue +8.0% year-over-year).
- 2014: Revenue of $4.9M, expenses of $5.9M, and assets of $29.8M (revenue +33.4% year-over-year).
- 2013: Revenue of $3.7M, expenses of $5.4M, and assets of $30.5M (revenue +149.8% year-over-year).
- 2012: Revenue of $1.5M, expenses of $3.0M, and assets of $33.6M (revenue +2719.9% year-over-year).
- 2011: Revenue of $52K, expenses of $414K, and assets of $22.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastview At Middlebury:
Data Sources and Methodology
This transparency report for Eastview At Middlebury 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.