Londonderry Cultural Center Inc
EIN: 922350059 · Londonderry, VT · NTEE: A80
| Metric | Value |
|---|---|
| Total Expenses | $12K |
| Net Assets | $-10,283 |
Is Londonderry Cultural Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Londonderry Cultural Center Inc
Londonderry Cultural Center Inc (EIN: 922350059) is a nonprofit organization based in Londonderry, VT, classified under NTEE code A80. The organization reported total revenue of $0 and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Londonderry Cultural Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Londonderry Cultural Center Inc is a micro nonprofit that has been operating for 2 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $12K |
| Surplus / Deficit | $-10,283 |
| Total Assets | $11K |
| Total Liabilities | $21K |
| Net Assets | $-10,283 |
| Operating Margin | -494.9% |
| Debt-to-Asset Ratio | 194.4% |
| Months of Reserves | 10.6 months |
Financial Health Grade: C
In 2023, Londonderry Cultural Center Inc reported a deficit of $10K with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 194.4% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Londonderry Cultural Center Inc 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 Londonderry Cultural Center Inc 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 deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 194.4%.
Frequently Asked Questions about Londonderry Cultural Center Inc
Is Londonderry Cultural Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Londonderry Cultural Center Inc (EIN: 922350059) insufficient data. 0 red flags identified, 0 strengths noted.
How does Londonderry Cultural Center Inc spend its money?
Detailed spending breakdown data is not yet available for Londonderry Cultural Center Inc. Check back for updated IRS 990 analysis.
Are donations to Londonderry Cultural Center Inc tax-deductible?
Londonderry Cultural Center Inc is registered as a tax-exempt nonprofit (EIN: 922350059). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Londonderry Cultural Center Inc located?
Londonderry Cultural Center Inc is headquartered in Londonderry, Vermont and files with the IRS under EIN 922350059. It is classified under NTEE code A80.
Filing History
IRS 990 filing history for Londonderry Cultural Center Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Londonderry Cultural Center Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $21K in liabilities against $11K in assets (debt-to-asset ratio: 194.4%), resulting in net assets of $-10,283.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $12K | $11K | $21K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Londonderry Cultural Center Inc:
Data Sources and Methodology
This transparency report for Londonderry Cultural Center 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.