Elmore Community Trust
EIN: 850623566 · Lake Elmore, VT · NTEE: S99
| Metric | Value |
|---|---|
| Total Revenue | $177K |
| Total Expenses | $41K |
| Net Assets | $526K |
Is Elmore Community Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elmore Community Trust
Elmore Community Trust (EIN: 850623566) is a nonprofit organization based in Lake Elmore, VT, classified under NTEE code S99. The organization reported total revenue of $177K and total assets of $680K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elmore Community Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elmore Community Trust is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -31.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $161K |
| Total Expenses | $41K |
| Surplus / Deficit | +$120K |
| Total Assets | $586K |
| Total Liabilities | $60K |
| Net Assets | $526K |
| Operating Margin | 74.6% |
| Debt-to-Asset Ratio | 10.2% |
| Months of Reserves | 172.1 months |
Financial Health Grade: A
In 2023, Elmore Community Trust reported a surplus of $120K with revenue exceeding expenses, holds 172.1 months of operating reserves (strong position), has a debt-to-asset ratio of 10.2% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Elmore Community Trust's revenue has declined at a compound annual growth rate (CAGR) of -31.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +119.2% | +25.9% | +31.5% |
| 2022 | -78.7% | +223.6% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elmore Community Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elmore Community Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $120K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.2%.
Frequently Asked Questions about Elmore Community Trust
Is Elmore Community Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Elmore Community Trust (EIN: 850623566) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elmore Community Trust spend its money?
Detailed spending breakdown data is not yet available for Elmore Community Trust. Check back for updated IRS 990 analysis.
Are donations to Elmore Community Trust tax-deductible?
Elmore Community Trust is registered as a tax-exempt nonprofit (EIN: 850623566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elmore Community Trust located?
Elmore Community Trust is headquartered in Lake Elmore, Vermont and files with the IRS under EIN 850623566. It is classified under NTEE code S99.
How many years of IRS 990 filings does Elmore Community Trust have?
Elmore Community Trust has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $177K in total revenue.
Filing History
IRS 990 filing history for Elmore Community Trust showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Elmore Community Trust's revenue has declined by 53.3%, moving from $345K to $161K. Total assets increased by 44.8% over the same period, from $405K to $586K. Total functional expenses rose by 307.4%, from $10K to $41K. In its most recent filing year (2023), Elmore Community Trust reported a surplus of $120K, with revenue exceeding expenses. The organization holds $60K in liabilities against $586K in assets (debt-to-asset ratio: 10.2%), resulting in net assets of $526K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $161K | $41K | $586K | $60K | — | — |
| 2022 | $74K | $32K | $446K | $40K | — | View 990 |
| 2021 | $345K | $10K | $405K | $40K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $161K, expenses of $41K, and assets of $586K (revenue +119.2% year-over-year).
- 2022: Revenue of $74K, expenses of $32K, and assets of $446K (revenue -78.7% year-over-year).
- 2021: Revenue of $345K, expenses of $10K, and assets of $405K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elmore Community Trust:
Data Sources and Methodology
This transparency report for Elmore Community Trust 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.