Mount Vernon Lisbon Community Development Group
Mount Vernon Lisbon Community Development Group consistently operates with expenses exceeding revenue in recent years, maintaining modest assets.
EIN: 204769084 · Mount Vernon, IA · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $129K |
| Total Expenses | $147K |
| Program Spending | 80% |
| Net Assets | $114K |
| Transparency Score | 85/100 |
Is Mount Vernon Lisbon Community Development Group Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Vernon Lisbon Community Development Group directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Vernon Lisbon Community Development Group
Mount Vernon Lisbon Community Development Group (EIN: 204769084) is a nonprofit organization based in Mount Vernon, IA, classified under NTEE code S20. The organization reported total revenue of $129K and total assets of $148K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Vernon Lisbon Community Development Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Vernon Lisbon Community Development Group is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $147K |
| Surplus / Deficit | $-15,985 |
| Total Assets | $130K |
| Total Liabilities | $16K |
| Net Assets | $114K |
| Operating Margin | -12.2% |
| Debt-to-Asset Ratio | 12.1% |
| Months of Reserves | 10.6 months |
Financial Health Grade: B
In 2023, Mount Vernon Lisbon Community Development Group reported a deficit of $16K with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 12.1% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Mount Vernon Lisbon Community Development Group's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.6% | -20.0% | -12.0% |
| 2022 | -31.5% | +0.1% | -14.8% |
| 2021 | -15.2% | -34.3% | +38.4% |
| 2020 | +73.4% | +78.5% | -2.4% |
| 2019 | +56.5% | +53.7% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2013 |
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 Mount Vernon Lisbon Community Development Group 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mount Vernon Lisbon Community Development Group allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.1%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a group of its size and revenue level.
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 Mount Vernon Lisbon Community Development Group's IRS 990 filings:
- Expenses consistently exceeding revenue in recent fiscal periods (e.g., 202306, 202206, 202006).
Strengths
The following positive indicators were identified for Mount Vernon Lisbon Community Development Group:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Long and consistent IRS 990 filing history (11 filings), demonstrating strong transparency.
- Maintains a positive asset balance, with assets of $129,503 in 202306.
Frequently Asked Questions about Mount Vernon Lisbon Community Development Group
Is Mount Vernon Lisbon Community Development Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Vernon Lisbon Community Development Group (EIN: 204769084) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Mount Vernon Lisbon Community Development Group spend its money?
Mount Vernon Lisbon Community Development Group directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Vernon Lisbon Community Development Group tax-deductible?
Mount Vernon Lisbon Community Development Group is registered as a tax-exempt nonprofit (EIN: 204769084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mount Vernon Lisbon Community Development Group's spending goes to programs?
Mount Vernon Lisbon Community Development Group directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mount Vernon Lisbon Community Development Group compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mount Vernon Lisbon Community Development Group is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mount Vernon Lisbon Community Development Group located?
Mount Vernon Lisbon Community Development Group is headquartered in Mount Vernon, Iowa and files with the IRS under EIN 204769084. It is classified under NTEE code S20.
How many years of IRS 990 filings does Mount Vernon Lisbon Community Development Group have?
Mount Vernon Lisbon Community Development Group has 11 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 $129K in total revenue.
Is Mount Vernon Lisbon Community Development Group financially sustainable given recent deficits?
The organization has reported expenses exceeding revenue in several recent periods (e.g., 202306, 202206, 202006). While current assets of $129,503 (202306) provide some buffer, a sustained trend of operating deficits could challenge long-term financial sustainability if not addressed.
How does the 0% officer compensation impact the organization's operations?
The 0% officer compensation indicates a volunteer-led organization, which significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards programs. This is a strong positive for efficiency.
Filing History
IRS 990 filing history for Mount Vernon Lisbon Community Development Group showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Mount Vernon Lisbon Community Development Group's revenue has grown by 4.4%, moving from $125K to $131K. Total assets increased by 64.5% over the same period, from $79K to $130K. Total functional expenses rose by 20.5%, from $122K to $147K. In its most recent filing year (2023), Mount Vernon Lisbon Community Development Group reported a deficit of $16K, with expenses exceeding revenue. The organization holds $16K in liabilities against $130K in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $114K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $147K | $130K | $16K | — | — |
| 2022 | $157K | $184K | $147K | $17K | — | View 990 |
| 2021 | $229K | $183K | $173K | $16K | — | — |
| 2020 | $270K | $279K | $125K | $14K | — | — |
| 2019 | $156K | $156K | $128K | $8K | — | View 990 |
| 2018 | $100K | $102K | $127K | $7K | — | View 990 |
| 2017 | $130K | $113K | $128K | $6K | — | View 990 |
| 2016 | $139K | $131K | $110K | $6K | — | View 990 |
| 2015 | $134K | $116K | $103K | $7K | — | View 990 |
| 2014 | $133K | $131K | $83K | $5K | — | View 990 |
| 2013 | $125K | $122K | $79K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $147K, and assets of $130K (revenue -16.6% year-over-year).
- 2022: Revenue of $157K, expenses of $184K, and assets of $147K (revenue -31.5% year-over-year).
- 2021: Revenue of $229K, expenses of $183K, and assets of $173K (revenue -15.2% year-over-year).
- 2020: Revenue of $270K, expenses of $279K, and assets of $125K (revenue +73.4% year-over-year).
- 2019: Revenue of $156K, expenses of $156K, and assets of $128K (revenue +56.5% year-over-year).
- 2018: Revenue of $100K, expenses of $102K, and assets of $127K (revenue -23.6% year-over-year).
- 2017: Revenue of $130K, expenses of $113K, and assets of $128K (revenue -6.3% year-over-year).
- 2016: Revenue of $139K, expenses of $131K, and assets of $110K (revenue +4.1% year-over-year).
- 2015: Revenue of $134K, expenses of $116K, and assets of $103K (revenue +0.3% year-over-year).
- 2014: Revenue of $133K, expenses of $131K, and assets of $83K (revenue +6.3% year-over-year).
- 2013: Revenue of $125K, expenses of $122K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Vernon Lisbon Community Development Group:
Data Sources and Methodology
This transparency report for Mount Vernon Lisbon Community Development Group 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.