Vermont Sheep And Wool Festival
EIN: 475106046 · Peacham, VT · NTEE: K20
Is Vermont Sheep And Wool Festival Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vermont Sheep And Wool Festival
Vermont Sheep And Wool Festival (EIN: 475106046) is a nonprofit organization based in Peacham, VT, classified under NTEE code K20. The organization reported total revenue of $83K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Sheep And Wool Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Vermont Sheep And Wool Festival 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 Vermont Sheep And Wool Festival 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.
Frequently Asked Questions about Vermont Sheep And Wool Festival
Is Vermont Sheep And Wool Festival a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Sheep And Wool Festival (EIN: 475106046) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vermont Sheep And Wool Festival spend its money?
Detailed spending breakdown data is not yet available for Vermont Sheep And Wool Festival. Check back for updated IRS 990 analysis.
Are donations to Vermont Sheep And Wool Festival tax-deductible?
Vermont Sheep And Wool Festival is registered as a tax-exempt nonprofit (EIN: 475106046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Vermont Sheep And Wool Festival showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Vermont Sheep And Wool Festival's revenue has grown by 50.1%, moving from $46K to $68K. Total assets increased by 70.3% over the same period, from $22K to $38K. Total functional expenses rose by 30.6%, from $48K to $62K. In its most recent filing year (2023), Vermont Sheep And Wool Festival reported a surplus of $6K, with revenue exceeding expenses. The organization holds $11K in liabilities against $38K in assets (debt-to-asset ratio: 29.8%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $62K | $38K | $11K | — | View 990 |
| 2022 | $66K | $49K | $30K | $10K | — | View 990 |
| 2021 | $4K | $9K | $13K | $10K | — | — |
| 2020 | $11K | $14K | $18K | $10K | — | — |
| 2019 | $50K | $52K | $20K | $9K | — | View 990 |
| 2018 | $46K | $48K | $22K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $62K, and assets of $38K (revenue +3.3% year-over-year).
- 2022: Revenue of $66K, expenses of $49K, and assets of $30K (revenue +1595.6% year-over-year).
- 2021: Revenue of $4K, expenses of $9K, and assets of $13K (revenue -66.0% year-over-year).
- 2020: Revenue of $11K, expenses of $14K, and assets of $18K (revenue -76.9% year-over-year).
- 2019: Revenue of $50K, expenses of $52K, and assets of $20K (revenue +9.4% year-over-year).
- 2018: Revenue of $46K, expenses of $48K, and assets of $22K.
Data Sources and Methodology
This transparency report for Vermont Sheep And Wool Festival 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.