United Way Of Lamoille County Inc
United Way of Lamoille County: Financials Raise Questions Amidst Zero Revenue Reporting
EIN: 222774485 · Morrisville, VT · NTEE: T70Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Program Spending | 70% |
| Net Assets | $800K |
| Transparency Score | 60/100 |
Is United Way Of Lamoille County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Way Of Lamoille County Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About United Way Of Lamoille County Inc
United Way Of Lamoille County Inc (EIN: 222774485) is a nonprofit organization based in Morrisville, VT, classified under NTEE code T70Z. 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 United Way Of Lamoille County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Way Of Lamoille County Inc is a micro nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2012–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -100.0% | -100.0% | -100.0% |
| 2020 | -7.5% | -17.2% | -6.4% |
| 2019 | +31.2% | +52.7% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 United Way Of Lamoille County Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, United Way Of Lamoille County Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 9.9%.
Executive Compensation Analysis
Executive compensation cannot be assessed due to the absence of reported expenses and compensation figures in recent filings.
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 United Way Of Lamoille County Inc's IRS 990 filings:
- Zero reported revenue and expenses for fiscal years 2021, 2022, and 2023, which is a major red flag for financial transparency and operational status.
- Significant drop in reported assets from $767,407 in 2020 to $0 in 2022, then a sudden jump to $887,571 in 2023 without corresponding revenue.
- Inconsistent reporting of assets and liabilities across recent years without clear explanations.
Strengths
The following positive indicators were identified for United Way Of Lamoille County Inc:
- Historically, the organization reported consistent revenue and expenses, indicating prior operational activity.
- The organization has maintained its tax-exempt status despite recent reporting anomalies.
Frequently Asked Questions about United Way Of Lamoille County Inc
Is United Way Of Lamoille County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, United Way Of Lamoille County Inc (EIN: 222774485) some concerns. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
How does United Way Of Lamoille County Inc spend its money?
United Way Of Lamoille County Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to United Way Of Lamoille County Inc tax-deductible?
United Way Of Lamoille County Inc is registered as a tax-exempt nonprofit (EIN: 222774485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of United Way Of Lamoille County Inc's spending goes to programs?
United Way Of Lamoille County Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does United Way Of Lamoille County Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), United Way Of Lamoille County Inc is above average for NTEE category T70Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is United Way Of Lamoille County Inc located?
United Way Of Lamoille County Inc is headquartered in Morrisville, Vermont and files with the IRS under EIN 222774485. It is classified under NTEE code T70Z.
How many years of IRS 990 filings does United Way Of Lamoille County Inc have?
United Way Of Lamoille County Inc has 12 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 United Way Of Lamoille County Inc do?
United Way Of Lamoille County Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Morrisville, Vermont. It is classified under NTEE code T70Z.
How much revenue does United Way Of Lamoille County Inc have?
United Way Of Lamoille County Inc reported total revenue of N/A. Based on 12 IRS 990 filings on record.
What are United Way Of Lamoille County Inc's total assets?
United Way Of Lamoille County Inc holds total assets of N/A as reported in IRS 990 filings.
Where is United Way Of Lamoille County Inc located?
United Way Of Lamoille County Inc is based in Morrisville, Vermont.
What is United Way Of Lamoille County Inc's EIN?
United Way Of Lamoille County Inc's Employer Identification Number (EIN) is 222774485. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is United Way Of Lamoille County Inc?
United Way Of Lamoille County Inc is classified under NTEE code T70Z (Philanthropy, Voluntarism & Grantmaking).
Is United Way Of Lamoille County Inc a registered 501(c)(3)?
Yes, United Way Of Lamoille County Inc is recognized as a tax-exempt organization by the IRS. EIN: 222774485.
Does United Way Of Lamoille County Inc file IRS Form 990?
Yes, United Way Of Lamoille County Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was United Way Of Lamoille County Inc's revenue in 2023?
In the 202306 filing period, United Way Of Lamoille County Inc reported total revenue of N/A, total expenses of N/A, and net assets of $887,571.
Is United Way Of Lamoille County Inc's revenue growing or declining?
United Way Of Lamoille County Inc's revenue is relatively stable. Revenue went from N/A (202206) to N/A (202306), a 0.0% change. Based on 12 filings on record.
What is United Way Of Lamoille County Inc's most recent 990 filing?
The most recent IRS Form 990 filing for United Way Of Lamoille County Inc covers tax period 202306. It shows revenue of N/A, expenses of N/A, total assets of $887,571, and liabilities of $87,857.
How much does United Way Of Lamoille County Inc spend on programs vs administration?
Based on IRS 990 analysis, United Way Of Lamoille County Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is United Way Of Lamoille County Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, United Way Of Lamoille County Inc shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for United Way Of Lamoille County Inc?
The following concerns were identified: Zero reported revenue and expenses for fiscal years 2021, 2022, and 2023, which is a major red flag for financial transparency and operational status.. Significant drop in reported assets from $767,407 in 2020 to $0 in 2022, then a sudden jump to $887,571 in 2023 without corresponding revenue.. Inconsistent reporting of assets and liabilities across recent years without clear explanations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are United Way Of Lamoille County Inc's strengths?
Positive indicators for United Way Of Lamoille County Inc include: Historically, the organization reported consistent revenue and expenses, indicating prior operational activity.. The organization has maintained its tax-exempt status despite recent reporting anomalies.. These findings are derived from AI analysis of the organization's financial filings.
How does United Way Of Lamoille County Inc compensate executives?
Executive compensation cannot be assessed due to the absence of reported expenses and compensation figures in recent filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What explains the sudden and sustained reporting of zero revenue and expenses from 2021-2023, and how does the organization fund its operations during these periods?
The filings do not provide an explanation for the zero revenue and expense reporting. This suggests either a significant change in reporting methodology, a period of dormancy, or an error in the submitted financial documents, making it unclear how operations are sustained.
How did the organization's assets fluctuate from $767,407 in 2020 to $0 in 2022, and then to $887,571 in 2023, without corresponding revenue or expense activity?
The drastic changes in reported assets without any corresponding revenue or expense entries in the same periods are highly unusual. This could indicate asset transfers, reclassifications, or significant errors in financial reporting that require further investigation.
Filing History
IRS 990 filing history for United Way Of Lamoille County Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), United Way Of Lamoille County Inc's revenue has declined by 100%, moving from $438K to $0. Total assets increased by 149.3% over the same period, from $356K to $888K. Total functional expenses fell by 100%, from $199K to $0. The organization holds $88K in liabilities against $888K in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $800K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $888K | $88K | — | — |
| 2022 | $0 | $0 | $0 | $0 | — | View 990 |
| 2021 | $0 | $0 | $0 | $0 | — | — |
| 2020 | $365K | $368K | $767K | $32K | — | View 990 |
| 2019 | $394K | $445K | $820K | $41K | — | View 990 |
| 2018 | $301K | $291K | $857K | $85K | — | View 990 |
| 2017 | $401K | $229K | $796K | $42K | — | View 990 |
| 2016 | $291K | $253K | $408K | $71K | — | View 990 |
| 2015 | $239K | $245K | $339K | $43K | — | View 990 |
| 2014 | $252K | $271K | $365K | $58K | — | View 990 |
| 2013 | $250K | $195K | $394K | $61K | — | View 990 |
| 2012 | $438K | $199K | $356K | $86K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $888K.
- 2022: Revenue of $0, expenses of $0, and assets of $0.
- 2021: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2020: Revenue of $365K, expenses of $368K, and assets of $767K (revenue -7.5% year-over-year).
- 2019: Revenue of $394K, expenses of $445K, and assets of $820K (revenue +31.2% year-over-year).
- 2018: Revenue of $301K, expenses of $291K, and assets of $857K (revenue -25.0% year-over-year).
- 2017: Revenue of $401K, expenses of $229K, and assets of $796K (revenue +37.6% year-over-year).
- 2016: Revenue of $291K, expenses of $253K, and assets of $408K (revenue +21.6% year-over-year).
- 2015: Revenue of $239K, expenses of $245K, and assets of $339K (revenue -5.2% year-over-year).
- 2014: Revenue of $252K, expenses of $271K, and assets of $365K (revenue +0.8% year-over-year).
- 2013: Revenue of $250K, expenses of $195K, and assets of $394K (revenue -42.9% year-over-year).
- 2012: Revenue of $438K, expenses of $199K, and assets of $356K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Way Of Lamoille County Inc:
Data Sources and Methodology
This transparency report for United Way Of Lamoille County 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.