Monticello Community School District Veba Trust
EIN: 472316555 · Monticello, IA · NTEE: Y44
| Metric | Value |
|---|---|
| Total Revenue | $117 |
| Total Expenses | $3K |
| Net Assets | $8K |
Is Monticello Community School District Veba Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monticello Community School District Veba Trust
Monticello Community School District Veba Trust (EIN: 472316555) is a nonprofit organization based in Monticello, IA, classified under NTEE code Y44. The organization reported total revenue of $117 and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monticello Community School District Veba Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monticello Community School District Veba Trust is a micro nonprofit that has been operating for 10 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of -25.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $120 |
| Total Expenses | $3K |
| Surplus / Deficit | $-2,732 |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | -2276.7% |
| Months of Reserves | 31.7 months |
Financial Health Grade: B
In 2024, Monticello Community School District Veba Trust reported a deficit of $3K with expenses exceeding revenue, holds 31.7 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2015–2024), Monticello Community School District Veba Trust's revenue has declined at a compound annual growth rate (CAGR) of -25.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.0% | -35.6% | -26.6% |
| 2023 | -52.6% | -63.4% | -29.6% |
| 2022 | -62.7% | -48.0% | -44.8% |
| 2021 | -69.9% | -19.0% | -46.1% |
| 2020 | -96.5% | -28.7% | -35.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monticello Community School District Veba 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 Monticello Community School District Veba 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Monticello Community School District Veba Trust
Is Monticello Community School District Veba Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Monticello Community School District Veba Trust (EIN: 472316555) insufficient data. 0 red flags identified, 0 strengths noted.
How does Monticello Community School District Veba Trust spend its money?
Detailed spending breakdown data is not yet available for Monticello Community School District Veba Trust. Check back for updated IRS 990 analysis.
Are donations to Monticello Community School District Veba Trust tax-deductible?
Monticello Community School District Veba Trust is registered as a tax-exempt nonprofit (EIN: 472316555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monticello Community School District Veba Trust located?
Monticello Community School District Veba Trust is headquartered in Monticello, Iowa and files with the IRS under EIN 472316555. It is classified under NTEE code Y44.
How many years of IRS 990 filings does Monticello Community School District Veba Trust have?
Monticello Community School District Veba Trust has 10 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 $117 in total revenue.
Filing History
IRS 990 filing history for Monticello Community School District Veba Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Monticello Community School District Veba Trust's revenue has declined by 92.9%, moving from $2K to $120. Total assets decreased by 89.9% over the same period, from $75K to $8K. Total functional expenses fell by 56.1%, from $6K to $3K. In its most recent filing year (2024), Monticello Community School District Veba Trust reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $120 | $3K | $8K | $0 | — | — |
| 2023 | $120 | $4K | $10K | $0 | — | — |
| 2022 | $253 | $12K | $15K | $0 | — | View 990 |
| 2021 | $679 | $23K | $26K | $0 | — | — |
| 2020 | $2K | $29K | $49K | $0 | — | View 990 |
| 2019 | $65K | $40K | $75K | $0 | — | View 990 |
| 2018 | $8K | $23K | $51K | $0 | — | View 990 |
| 2017 | $8K | $18K | $66K | $0 | — | View 990 |
| 2016 | $8K | $7K | $76K | $0 | — | View 990 |
| 2015 | $2K | $6K | $75K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $120, expenses of $3K, and assets of $8K (revenue +0.0% year-over-year).
- 2023: Revenue of $120, expenses of $4K, and assets of $10K (revenue -52.6% year-over-year).
- 2022: Revenue of $253, expenses of $12K, and assets of $15K (revenue -62.7% year-over-year).
- 2021: Revenue of $679, expenses of $23K, and assets of $26K (revenue -69.9% year-over-year).
- 2020: Revenue of $2K, expenses of $29K, and assets of $49K (revenue -96.5% year-over-year).
- 2019: Revenue of $65K, expenses of $40K, and assets of $75K (revenue +705.1% year-over-year).
- 2018: Revenue of $8K, expenses of $23K, and assets of $51K (revenue +3.7% year-over-year).
- 2017: Revenue of $8K, expenses of $18K, and assets of $66K (revenue -3.9% year-over-year).
- 2016: Revenue of $8K, expenses of $7K, and assets of $76K (revenue +381.1% year-over-year).
- 2015: Revenue of $2K, expenses of $6K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monticello Community School District Veba Trust:
Data Sources and Methodology
This transparency report for Monticello Community School District Veba 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.