United Way Of Vermillion
EIN: 363535078 · Vermillion, SD
| Metric | Value |
|---|---|
| Total Revenue | $307K |
| Total Expenses | $308K |
| Net Assets | $489K |
Is United Way Of Vermillion Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About United Way Of Vermillion
United Way Of Vermillion (EIN: 363535078) is a nonprofit organization based in Vermillion, SD. The organization reported total revenue of $307K and total assets of $687K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Way Of Vermillion's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Way Of Vermillion is a small nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $289K |
| Total Expenses | $308K |
| Surplus / Deficit | $-18,873 |
| Total Assets | $781K |
| Total Liabilities | $291K |
| Net Assets | $489K |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 37.3% |
| Months of Reserves | 30.4 months |
Financial Health Grade: B
In 2023, United Way Of Vermillion reported a deficit of $19K with expenses exceeding revenue, holds 30.4 months of operating reserves (strong position), has a debt-to-asset ratio of 37.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), United Way Of Vermillion's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.9% | +14.2% | -3.8% |
| 2022 | -24.8% | -28.3% | -4.0% |
| 2021 | -1.4% | +18.9% | -3.2% |
| 2020 | +0.7% | -24.1% | +7.9% |
| 2019 | +47.9% | +93.2% | +65.4% |
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 Analysis Pending
AI enrichment for United Way Of Vermillion 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 United Way Of Vermillion 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:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.3%.
Frequently Asked Questions about United Way Of Vermillion
Is United Way Of Vermillion a legitimate charity?
United Way Of Vermillion (EIN: 363535078) is a registered tax-exempt nonprofit based in South Dakota. It has 14 years of IRS 990 filings on record. Total revenue: $307K. No red flags identified. Financial health grade: B.
How does United Way Of Vermillion spend its money?
United Way Of Vermillion reported $307K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to United Way Of Vermillion tax-deductible?
United Way Of Vermillion is registered as a tax-exempt nonprofit (EIN: 363535078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is United Way Of Vermillion located?
United Way Of Vermillion is headquartered in Vermillion, South Dakota and files with the IRS under EIN 363535078.
How many years of IRS 990 filings does United Way Of Vermillion have?
United Way Of Vermillion has 14 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 $307K in total revenue.
Filing History
IRS 990 filing history for United Way Of Vermillion showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), United Way Of Vermillion's revenue has grown by 219.9%, moving from $90K to $289K. Total assets increased by 1607.8% over the same period, from $46K to $781K. Total functional expenses rose by 225.1%, from $95K to $308K. In its most recent filing year (2023), United Way Of Vermillion reported a deficit of $19K, with expenses exceeding revenue. The organization holds $291K in liabilities against $781K in assets (debt-to-asset ratio: 37.3%), resulting in net assets of $489K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $289K | $308K | $781K | $291K | — | View 990 |
| 2022 | $328K | $270K | $811K | $303K | — | View 990 |
| 2021 | $437K | $377K | $845K | $395K | — | View 990 |
| 2020 | $443K | $317K | $873K | $484K | — | View 990 |
| 2019 | $440K | $417K | $809K | $546K | — | View 990 |
| 2018 | $298K | $216K | $489K | $245K | — | View 990 |
| 2017 | $62K | $79K | $163K | $0 | — | View 990 |
| 2016 | $119K | $134K | $96K | $0 | — | View 990 |
| 2015 | $135K | $131K | $63K | $0 | — | View 990 |
| 2014 | $117K | $114K | $58K | $0 | — | View 990 |
| 2013 | $116K | $94K | $54K | $0 | — | View 990 |
| 2012 | $87K | $89K | $32K | $0 | — | View 990 |
| 2011 | $91K | $102K | $34K | $0 | — | View 990 |
| 2010 | $90K | $95K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $289K, expenses of $308K, and assets of $781K (revenue -11.9% year-over-year).
- 2022: Revenue of $328K, expenses of $270K, and assets of $811K (revenue -24.8% year-over-year).
- 2021: Revenue of $437K, expenses of $377K, and assets of $845K (revenue -1.4% year-over-year).
- 2020: Revenue of $443K, expenses of $317K, and assets of $873K (revenue +0.7% year-over-year).
- 2019: Revenue of $440K, expenses of $417K, and assets of $809K (revenue +47.9% year-over-year).
- 2018: Revenue of $298K, expenses of $216K, and assets of $489K (revenue +377.7% year-over-year).
- 2017: Revenue of $62K, expenses of $79K, and assets of $163K (revenue -47.6% year-over-year).
- 2016: Revenue of $119K, expenses of $134K, and assets of $96K (revenue -12.1% year-over-year).
- 2015: Revenue of $135K, expenses of $131K, and assets of $63K (revenue +15.3% year-over-year).
- 2014: Revenue of $117K, expenses of $114K, and assets of $58K (revenue +0.8% year-over-year).
- 2013: Revenue of $116K, expenses of $94K, and assets of $54K (revenue +33.3% year-over-year).
- 2012: Revenue of $87K, expenses of $89K, and assets of $32K (revenue -3.5% year-over-year).
- 2011: Revenue of $91K, expenses of $102K, and assets of $34K (revenue +0.1% year-over-year).
- 2010: Revenue of $90K, expenses of $95K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Way Of Vermillion:
Data Sources and Methodology
This transparency report for United Way Of Vermillion 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.