Northern Enterprises Inc
Northern Enterprises Inc: Minimal Activity, High Assets, Unclear Mission
EIN: 222532356 · St Johnsbury, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $5K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.7M |
| Transparency Score | 1/100 |
Is Northern Enterprises Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northern Enterprises Inc
Northern Enterprises Inc (EIN: 222532356) is a nonprofit organization based in St Johnsbury, VT. 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 Northern Enterprises Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern Enterprises Inc is a micro nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2010–2019). Revenue has grown at a compound annual rate of -41.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $5K |
| Surplus / Deficit | +$15K |
| Total Assets | $1.7M |
| Total Liabilities | $33K |
| Net Assets | $1.7M |
| Operating Margin | 74.2% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 3937.4 months |
Financial Health Grade: A
In 2019, Northern Enterprises Inc reported a surplus of $15K with revenue exceeding expenses, holds 3937.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 10 years of filings (2010–2019), Northern Enterprises Inc's revenue has declined at a compound annual growth rate (CAGR) of -41.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +0.0% | -52.9% | +0.8% |
| 2018 | -69.7% | +931.5% | +0.5% |
| 2017 | +39828.2% | -94.4% | +4.1% |
| 2016 | -15.4% | -70.6% | -1.1% |
| 2015 | -99.9% | +1192.5% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Northern Enterprises Inc with a Mission Score of 1 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Northern Enterprises Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, consistent with the lack of operational activity.
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 Northern Enterprises Inc's IRS 990 filings:
- Zero revenue and expenses reported for multiple years (e.g., 2019, 2018, 2017) despite substantial assets.
- No mission statement or program service accomplishments are detailed in any available filings.
- The organization holds significant assets (e.g., $1,740,014 in 2019) with no clear charitable use or purpose.
- The nature of the organization's activities and its charitable intent are entirely unclear from the provided data.
Strengths
The following positive indicators were identified for Northern Enterprises Inc:
- Consistently reports $0 executive compensation.
Frequently Asked Questions about Northern Enterprises Inc
Is Northern Enterprises Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northern Enterprises Inc (EIN: 222532356) significant concerns. Mission Score: 1/100. 4 red flags identified, 1 strength noted.
How does Northern Enterprises Inc spend its money?
Detailed spending breakdown data is not yet available for Northern Enterprises Inc. Check back for updated IRS 990 analysis.
Are donations to Northern Enterprises Inc tax-deductible?
Northern Enterprises Inc is registered as a tax-exempt nonprofit (EIN: 222532356). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Northern Enterprises Inc CEO make?
Northern Enterprises Inc's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
Where is Northern Enterprises Inc located?
Northern Enterprises Inc is headquartered in St Johnsbury, Vermont and files with the IRS under EIN 222532356.
How many years of IRS 990 filings does Northern Enterprises Inc have?
Northern Enterprises Inc 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.
What does Northern Enterprises Inc do?
Northern Enterprises Inc is a nonprofit organization in the Unknown sector, located in St Johnsbury, Vermont. It is classified under NTEE code Unknown.
How much revenue does Northern Enterprises Inc have?
Northern Enterprises Inc reported total revenue of N/A. Based on 10 IRS 990 filings on record.
What are Northern Enterprises Inc's total assets?
Northern Enterprises Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Northern Enterprises Inc located?
Northern Enterprises Inc is based in St Johnsbury, Vermont.
What is Northern Enterprises Inc's EIN?
Northern Enterprises Inc's Employer Identification Number (EIN) is 222532356. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Northern Enterprises Inc?
Northern Enterprises Inc is classified under NTEE code Unknown (Unknown).
Is Northern Enterprises Inc a registered 501(c)(3)?
Northern Enterprises Inc appears in IRS records (EIN: 222532356). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Northern Enterprises Inc file IRS Form 990?
Yes, Northern Enterprises Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 201912.
What was Northern Enterprises Inc's revenue in 2019?
In the 201912 filing period, Northern Enterprises Inc reported total revenue of $20,548, total expenses of $5,303, and net assets of $1,740,014.
Is Northern Enterprises Inc's revenue growing or declining?
Northern Enterprises Inc's revenue is relatively stable. Revenue went from $20,538 (201812) to $20,548 (201912), a 0.0% change. Based on 10 filings on record.
What is Northern Enterprises Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Northern Enterprises Inc covers tax period 201912. It shows revenue of $20,548, expenses of $5,303, total assets of $1,740,014, and liabilities of $33,112.
Is Northern Enterprises Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Northern Enterprises Inc has notable concerns. Mission Score: 1/100 (Very Poor). 4 red flags identified. 1 strength noted.
What are the red flags for Northern Enterprises Inc?
The following concerns were identified: Zero revenue and expenses reported for multiple years (e.g., 2019, 2018, 2017) despite substantial assets.. No mission statement or program service accomplishments are detailed in any available filings.. The organization holds significant assets (e.g., $1,740,014 in 2019) with no clear charitable use or purpose.. The nature of the organization's activities and its charitable intent are entirely unclear from the provided data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Northern Enterprises Inc's strengths?
Positive indicators for Northern Enterprises Inc include: Consistently reports $0 executive compensation.. These findings are derived from AI analysis of the organization's financial filings.
How does Northern Enterprises Inc compensate executives?
Executive compensation is reported as $0 across all available filings, consistent with the lack of operational activity. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the intended charitable purpose or mission of Northern Enterprises Inc, given its consistent reporting of zero activity?
The filings do not provide any information regarding the organization's mission or program service accomplishments, making its charitable purpose entirely unknown.
How does Northern Enterprises Inc manage to maintain significant assets (e.g., $1,740,014 in 2019) without any reported revenue or expenses?
The filings indicate that the organization holds substantial assets but do not explain the source of these assets or how they are maintained without any reported financial activity.
Filing History
IRS 990 filing history for Northern Enterprises Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2019), Northern Enterprises Inc's revenue has declined by 99.2%, moving from $2.4M to $21K. Total assets decreased by 57.8% over the same period, from $4.1M to $1.7M. Total functional expenses fell by 96.7%, from $161K to $5K. In its most recent filing year (2019), Northern Enterprises Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $33K in liabilities against $1.7M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $21K | $5K | $1.7M | $33K | — | View 990 |
| 2018 | $21K | $11K | $1.7M | $34K | — | View 990 |
| 2017 | $68K | $1K | $1.7M | $34K | — | View 990 |
| 2016 | $170 | $20K | $1.6M | $33K | — | View 990 |
| 2015 | $201 | $67K | $1.7M | $32K | — | View 990 |
| 2014 | $250K | $5K | $1.8M | $50K | — | View 990 |
| 2013 | $570 | $18K | $1.5M | $45K | — | View 990 |
| 2012 | $55K | $16K | $4.9M | $122K | — | View 990 |
| 2011 | $1.1M | $7K | $4.9M | $342K | — | View 990 |
| 2010 | $2.4M | $161K | $4.1M | $692K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $21K, expenses of $5K, and assets of $1.7M (revenue +0.0% year-over-year).
- 2018: Revenue of $21K, expenses of $11K, and assets of $1.7M (revenue -69.7% year-over-year).
- 2017: Revenue of $68K, expenses of $1K, and assets of $1.7M (revenue +39828.2% year-over-year).
- 2016: Revenue of $170, expenses of $20K, and assets of $1.6M (revenue -15.4% year-over-year).
- 2015: Revenue of $201, expenses of $67K, and assets of $1.7M (revenue -99.9% year-over-year).
- 2014: Revenue of $250K, expenses of $5K, and assets of $1.8M (revenue +43797.7% year-over-year).
- 2013: Revenue of $570, expenses of $18K, and assets of $1.5M (revenue -99.0% year-over-year).
- 2012: Revenue of $55K, expenses of $16K, and assets of $4.9M (revenue -95.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $7K, and assets of $4.9M (revenue -54.0% year-over-year).
- 2010: Revenue of $2.4M, expenses of $161K, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northern Enterprises Inc:
Data Sources and Methodology
This transparency report for Northern Enterprises 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.