Lake Champlain Committee Inc
Lake Champlain Committee: Strong Mission, Variable Funding, and Transparent Operations
EIN: 222482466 · Burlington, VT · NTEE: C013 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $600K |
| Total Expenses | $366K |
| Program Spending | 80% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Lake Champlain Committee Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lake Champlain Committee Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lake Champlain Committee Inc
Lake Champlain Committee Inc (EIN: 222482466) is a nonprofit organization based in Burlington, VT, classified under NTEE code C013. The organization reported total revenue of $600K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Champlain Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Champlain Committee Inc is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $459K |
| Total Expenses | $366K |
| Surplus / Deficit | +$93K |
| Total Assets | $1.6M |
| Total Liabilities | $181K |
| Net Assets | $1.4M |
| Operating Margin | 20.2% |
| Debt-to-Asset Ratio | 11.6% |
| Months of Reserves | 51.2 months |
Financial Health Grade: A
In 2023, Lake Champlain Committee Inc reported a surplus of $93K with revenue exceeding expenses, holds 51.2 months of operating reserves (strong position), has a debt-to-asset ratio of 11.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lake Champlain Committee Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +159.4% | +17.6% | +13.7% |
| 2022 | -68.3% | -15.3% | -9.0% |
| 2021 | +31.8% | +4.2% | +13.9% |
| 2020 | +33.3% | +30.8% | +8.0% |
| 2019 | -25.2% | +13.8% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Lake Champlain Committee Inc with a Mission Score of 85 out of 100 (Excellent). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Lake Champlain Committee Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $93K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.6%.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, with all years showing 0% compensation for officers, directors, trustees, and key employees.
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.
Strengths
The following positive indicators were identified for Lake Champlain Committee Inc:
- Consistent mission focus on Lake Champlain protection and restoration.
- Healthy asset growth over the past several years, indicating financial stability.
- Low administrative and fundraising overhead, maximizing program impact.
Frequently Asked Questions about Lake Champlain Committee Inc
Is Lake Champlain Committee Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Champlain Committee Inc (EIN: 222482466) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Lake Champlain Committee Inc spend its money?
Lake Champlain Committee Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lake Champlain Committee Inc tax-deductible?
Lake Champlain Committee Inc is registered as a tax-exempt nonprofit (EIN: 222482466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lake Champlain Committee Inc's spending goes to programs?
Lake Champlain Committee Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lake Champlain Committee Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lake Champlain Committee Inc is above average for NTEE category C013 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lake Champlain Committee Inc located?
Lake Champlain Committee Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 222482466. It is classified under NTEE code C013.
How many years of IRS 990 filings does Lake Champlain Committee Inc have?
Lake Champlain Committee Inc 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 $600K in total revenue.
What does Lake Champlain Committee Inc do?
Lake Champlain Committee Inc is a nonprofit organization in the Environment sector, located in Burlington, Vermont. It is classified under NTEE code C013.
How much revenue does Lake Champlain Committee Inc have?
Lake Champlain Committee Inc reported total revenue of $600,162. Based on 13 IRS 990 filings on record.
What are Lake Champlain Committee Inc's total assets?
Lake Champlain Committee Inc holds total assets of $1,781,973 as reported in IRS 990 filings.
Where is Lake Champlain Committee Inc located?
Lake Champlain Committee Inc is based in Burlington, Vermont.
What is Lake Champlain Committee Inc's EIN?
Lake Champlain Committee Inc's Employer Identification Number (EIN) is 222482466. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Lake Champlain Committee Inc?
Lake Champlain Committee Inc is classified under NTEE code C013 (Environment).
Is Lake Champlain Committee Inc a registered 501(c)(3)?
Yes, Lake Champlain Committee Inc is recognized as a tax-exempt organization by the IRS. EIN: 222482466.
Does Lake Champlain Committee Inc file IRS Form 990?
Yes, Lake Champlain Committee Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Lake Champlain Committee Inc's revenue in 2023?
In the 202309 filing period, Lake Champlain Committee Inc reported total revenue of $459,103, total expenses of $366,474, and net assets of $1,562,762.
Is Lake Champlain Committee Inc's revenue growing or declining?
Lake Champlain Committee Inc's revenue is growing. Revenue went from $177,007 (202209) to $459,103 (202309), a +159.4% change. Based on 13 filings on record.
What is Lake Champlain Committee Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Lake Champlain Committee Inc covers tax period 202309. It shows revenue of $459,103, expenses of $366,474, total assets of $1,562,762, and liabilities of $181,004.
How much does Lake Champlain Committee Inc spend on programs vs administration?
Based on IRS 990 analysis, Lake Champlain Committee Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Lake Champlain Committee Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Lake Champlain Committee Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Lake Champlain Committee Inc's strengths?
Positive indicators for Lake Champlain Committee Inc include: Consistent mission focus on Lake Champlain protection and restoration.. Healthy asset growth over the past several years, indicating financial stability.. Low administrative and fundraising overhead, maximizing program impact.. These findings are derived from AI analysis of the organization's financial filings.
How does Lake Champlain Committee Inc compensate executives?
Executive compensation is not reported in the provided filings, with all years showing 0% compensation for officers, directors, trustees, and key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations with 0% reported executive compensation?
The consistent reporting of 0% compensation for key personnel suggests a highly volunteer-driven leadership model or that compensation is covered through other means not explicitly detailed in the provided summary data, potentially through external grants or specific project funding that doesn't fall under 'executive compensation' in the filing context.
What factors contribute to the significant fluctuation in reported revenue, such as the drop from $558,921 in 2021 to $177,007 in 2022, and then a rebound to $459,103 in 2023?
The substantial year-over-year revenue fluctuations could be attributed to several factors, including the timing and success of specific fundraising campaigns, the receipt of large, one-time grants for particular projects, or variations in individual donor contributions. A deeper dive into their annual reports or grant disclosures would be necessary to pinpoint the exact causes.
Filing History
IRS 990 filing history for Lake Champlain Committee Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lake Champlain Committee Inc's revenue has grown by 82.3%, moving from $252K to $459K. Total assets increased by 264.4% over the same period, from $429K to $1.6M. Total functional expenses rose by 59.5%, from $230K to $366K. In its most recent filing year (2023), Lake Champlain Committee Inc reported a surplus of $93K, with revenue exceeding expenses. The organization holds $181K in liabilities against $1.6M in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $459K | $366K | $1.6M | $181K | — | — |
| 2022 | $177K | $312K | $1.4M | $85K | — | View 990 |
| 2021 | $559K | $368K | $1.5M | $87K | — | View 990 |
| 2020 | $424K | $353K | $1.3M | $93K | — | View 990 |
| 2019 | $318K | $270K | $1.2M | $66K | — | View 990 |
| 2018 | $425K | $237K | $1.1M | $63K | — | View 990 |
| 2017 | $382K | $211K | $930K | $54K | — | View 990 |
| 2016 | $307K | $255K | $748K | $43K | — | View 990 |
| 2015 | $282K | $248K | $696K | $42K | — | View 990 |
| 2014 | $448K | $238K | $646K | $25K | — | View 990 |
| 2013 | $279K | $241K | $450K | $24K | — | View 990 |
| 2012 | $227K | $248K | $409K | $22K | — | View 990 |
| 2011 | $252K | $230K | $429K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $459K, expenses of $366K, and assets of $1.6M (revenue +159.4% year-over-year).
- 2022: Revenue of $177K, expenses of $312K, and assets of $1.4M (revenue -68.3% year-over-year).
- 2021: Revenue of $559K, expenses of $368K, and assets of $1.5M (revenue +31.8% year-over-year).
- 2020: Revenue of $424K, expenses of $353K, and assets of $1.3M (revenue +33.3% year-over-year).
- 2019: Revenue of $318K, expenses of $270K, and assets of $1.2M (revenue -25.2% year-over-year).
- 2018: Revenue of $425K, expenses of $237K, and assets of $1.1M (revenue +11.4% year-over-year).
- 2017: Revenue of $382K, expenses of $211K, and assets of $930K (revenue +24.3% year-over-year).
- 2016: Revenue of $307K, expenses of $255K, and assets of $748K (revenue +9.1% year-over-year).
- 2015: Revenue of $282K, expenses of $248K, and assets of $696K (revenue -37.2% year-over-year).
- 2014: Revenue of $448K, expenses of $238K, and assets of $646K (revenue +60.5% year-over-year).
- 2013: Revenue of $279K, expenses of $241K, and assets of $450K (revenue +23.1% year-over-year).
- 2012: Revenue of $227K, expenses of $248K, and assets of $409K (revenue -9.9% year-over-year).
- 2011: Revenue of $252K, expenses of $230K, and assets of $429K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Champlain Committee Inc:
Data Sources and Methodology
This transparency report for Lake Champlain Committee 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.