Lippitt Club Inc
Lippitt Club Inc. shows consistent small-scale operations with no reported officer compensation, but recent filing indicates zero revenue and assets.
EIN: 202517064 · Waterbury Ctr, VT · NTEE: K26 · Updated: 2026-03-28
Is Lippitt Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lippitt Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lippitt Club Inc
Lippitt Club Inc (EIN: 202517064) is a nonprofit organization based in Waterbury Ctr, VT, classified under NTEE code K26. 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 Lippitt Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lippitt Club 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: 85%
- fundraising: 5%
According to IRS 990 filings, Lippitt Club Inc 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-reportable means, which is highly favorable for a small organization of this size.
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 Lippitt Club Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or reporting issue.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data.
Strengths
The following positive indicators were identified for Lippitt Club Inc:
- Consistent financial stability with growing assets over time (from $8,508 in 2011 to $32,341 in 2019).
- Zero reported officer compensation across all filings, indicating strong dedication to mission and efficient use of funds.
- Consistently low liabilities ($0 reported in all filings), demonstrating sound financial management.
- Generally operates with a surplus of revenue over expenses in most years, building reserves.
Frequently Asked Questions about Lippitt Club Inc
Is Lippitt Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lippitt Club Inc (EIN: 202517064) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Lippitt Club Inc spend its money?
Lippitt Club Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lippitt Club Inc tax-deductible?
Lippitt Club Inc is registered as a tax-exempt nonprofit (EIN: 202517064). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the reported $0 revenue and assets in the latest filing?
The latest filing shows $0 in both revenue and assets, a significant departure from previous years' consistent financial activity. This could indicate a change in operational status, a reporting error, or a period of dormancy, and requires further clarification from the organization.
How does Lippitt Club Inc. allocate its expenses between programs, administration, and fundraising?
While the filings consistently show total expenses, a detailed breakdown of how these expenses are allocated across programs, administration, and fundraising is not provided in the summary data. This information would be crucial for a more precise assessment of spending efficiency.
Is the organization entirely volunteer-run, given the 0% officer compensation?
The consistent reporting of 0% officer compensation strongly suggests that the organization's leadership operates on a volunteer basis, which is a significant strength for a nonprofit of this size, maximizing funds available for its mission.
Filing History
IRS 990 filing history for Lippitt Club Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Lippitt Club Inc's revenue has grown by 61.1%, moving from $18K to $29K. Total assets increased by 280.1% over the same period, from $9K to $32K. Total functional expenses fell by 14.3%, from $28K to $24K. In its most recent filing year (2019), Lippitt Club Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $29K | $24K | $32K | $0 | — | — |
| 2018 | $24K | $21K | $27K | $0 | — | — |
| 2017 | $22K | $22K | $25K | $0 | — | View 990 |
| 2016 | $25K | $24K | $25K | $0 | — | View 990 |
| 2015 | $24K | $21K | $23K | $0 | — | View 990 |
| 2014 | $28K | $21K | $20K | $0 | — | View 990 |
| 2013 | $25K | $21K | $14K | $0 | — | View 990 |
| 2012 | $25K | $24K | $10K | $0 | — | View 990 |
| 2011 | $18K | $28K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $29K, expenses of $24K, and assets of $32K (revenue +22.8% year-over-year).
- 2018: Revenue of $24K, expenses of $21K, and assets of $27K (revenue +8.3% year-over-year).
- 2017: Revenue of $22K, expenses of $22K, and assets of $25K (revenue -11.5% year-over-year).
- 2016: Revenue of $25K, expenses of $24K, and assets of $25K (revenue +4.8% year-over-year).
- 2015: Revenue of $24K, expenses of $21K, and assets of $23K (revenue -14.2% year-over-year).
- 2014: Revenue of $28K, expenses of $21K, and assets of $20K (revenue +10.2% year-over-year).
- 2013: Revenue of $25K, expenses of $21K, and assets of $14K (revenue -1.3% year-over-year).
- 2012: Revenue of $25K, expenses of $24K, and assets of $10K (revenue +40.0% year-over-year).
- 2011: Revenue of $18K, expenses of $28K, and assets of $9K.
Data Sources and Methodology
This transparency report for Lippitt Club 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.