Northgate Residents Owbership Corporation
EIN: 30317529 · Burlington, VT · NTEE: L20Z
| Metric | Value |
|---|---|
| Total Revenue | $328K |
| Net Assets | $3.3M |
Is Northgate Residents Owbership Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northgate Residents Owbership Corporation
Northgate Residents Owbership Corporation (EIN: 30317529) is a nonprofit organization based in Burlington, VT, classified under NTEE code L20Z. The organization reported total revenue of $328K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northgate Residents Owbership Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northgate Residents Owbership Corporation is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -20.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $293K |
| Total Expenses | $0 |
| Surplus / Deficit | +$293K |
| Total Assets | $3.3M |
| Net Assets | $3.3M |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2023, Northgate Residents Owbership Corporation reported a surplus of $293K with revenue exceeding expenses.
Financial Trends
Over 13 years of filings (2011–2023), Northgate Residents Owbership Corporation's revenue has declined at a compound annual growth rate (CAGR) of -20.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.0% | — | +9.8% |
| 2022 | +58.4% | — | +13.8% |
| 2021 | -46.3% | — | +9.6% |
| 2020 | +51.7% | — | +21.6% |
| 2019 | -28.6% | — | +16.6% |
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 Analysis Pending
AI enrichment for Northgate Residents Owbership Corporation 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 Northgate Residents Owbership Corporation 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:
Frequently Asked Questions about Northgate Residents Owbership Corporation
Is Northgate Residents Owbership Corporation a legitimate charity?
Northgate Residents Owbership Corporation (EIN: 30317529) is a registered tax-exempt nonprofit based in Vermont. It has 13 years of IRS 990 filings on record. Total revenue: $328K. No red flags identified. Financial health grade: A.
How does Northgate Residents Owbership Corporation spend its money?
Northgate Residents Owbership Corporation reported $328K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northgate Residents Owbership Corporation tax-deductible?
Northgate Residents Owbership Corporation is registered as a tax-exempt nonprofit (EIN: 30317529). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northgate Residents Owbership Corporation located?
Northgate Residents Owbership Corporation is headquartered in Burlington, Vermont and files with the IRS under EIN 30317529. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Northgate Residents Owbership Corporation have?
Northgate Residents Owbership Corporation has 13 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 $328K in total revenue.
Filing History
IRS 990 filing history for Northgate Residents Owbership Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northgate Residents Owbership Corporation's revenue has declined by 94%, moving from $4.9M to $293K. Total functional expenses fell by 100%, from $3.2M to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $293K | $0 | $3.3M | $0 | — | — |
| 2022 | $361K | $0 | $3.0M | $0 | — | View 990 |
| 2021 | $228K | $0 | $2.6M | $0 | — | View 990 |
| 2020 | $424K | $0 | $2.4M | $0 | — | View 990 |
| 2019 | $279K | $0 | $2.0M | $0 | — | View 990 |
| 2018 | $391K | $0 | $1.7M | $0 | — | View 990 |
| 2017 | $570K | $0 | $1.3M | $0 | — | View 990 |
| 2016 | $200K | $0 | $684K | $0 | — | View 990 |
| 2015 | $208K | $0 | $485K | $0 | — | View 990 |
| 2014 | $55K | $0 | $276K | $0 | — | View 990 |
| 2013 | $194K | $0 | $221K | $0 | — | View 990 |
| 2012 | $116K | $0 | $27K | $0 | — | View 990 |
| 2011 | $4.9M | $3.2M | $-89,255 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $293K, expenses of $0, and assets of $3.3M (revenue -19.0% year-over-year).
- 2022: Revenue of $361K, expenses of $0, and assets of $3.0M (revenue +58.4% year-over-year).
- 2021: Revenue of $228K, expenses of $0, and assets of $2.6M (revenue -46.3% year-over-year).
- 2020: Revenue of $424K, expenses of $0, and assets of $2.4M (revenue +51.7% year-over-year).
- 2019: Revenue of $279K, expenses of $0, and assets of $2.0M (revenue -28.6% year-over-year).
- 2018: Revenue of $391K, expenses of $0, and assets of $1.7M (revenue -31.3% year-over-year).
- 2017: Revenue of $570K, expenses of $0, and assets of $1.3M (revenue +185.1% year-over-year).
- 2016: Revenue of $200K, expenses of $0, and assets of $684K (revenue -4.1% year-over-year).
- 2015: Revenue of $208K, expenses of $0, and assets of $485K (revenue +278.0% year-over-year).
- 2014: Revenue of $55K, expenses of $0, and assets of $276K (revenue -71.6% year-over-year).
- 2013: Revenue of $194K, expenses of $0, and assets of $221K (revenue +66.4% year-over-year).
- 2012: Revenue of $116K, expenses of $0, and assets of $27K (revenue -97.6% year-over-year).
- 2011: Revenue of $4.9M, expenses of $3.2M, and assets of $-89,255.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northgate Residents Owbership Corporation:
Data Sources and Methodology
This transparency report for Northgate Residents Owbership Corporation 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.