Vershare
EIN: 30356227 · Vershire, VT · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $52K |
| Net Assets | $96K |
Is Vershare Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vershare
Vershare (EIN: 30356227) is a nonprofit organization based in Vershire, VT, classified under NTEE code P20. The organization reported total revenue of $82K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vershare's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vershare is a micro nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $52K |
| Surplus / Deficit | $-5,466 |
| Total Assets | $96K |
| Net Assets | $96K |
| Operating Margin | -11.7% |
| Months of Reserves | 21.9 months |
Financial Health Grade: B
In 2023, Vershare reported a deficit of $5K with expenses exceeding revenue, holds 21.9 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2023), Vershare's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | +30.8% | -5.4% |
| 2022 | -9.7% | -1.8% | +9.0% |
| 2021 | +72.8% | +0.8% | +69.6% |
| 2017 | +10.1% | +28.2% | -13.5% |
| 2016 | -12.6% | -20.4% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vershare 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 Vershare 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 $5K, with expenses exceeding revenue.
Frequently Asked Questions about Vershare
Is Vershare a legitimate charity?
Based on AI analysis of IRS 990 filings, Vershare (EIN: 30356227) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vershare spend its money?
Detailed spending breakdown data is not yet available for Vershare. Check back for updated IRS 990 analysis.
Are donations to Vershare tax-deductible?
Vershare is registered as a tax-exempt nonprofit (EIN: 30356227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vershare located?
Vershare is headquartered in Vershire, Vermont and files with the IRS under EIN 30356227. It is classified under NTEE code P20.
How many years of IRS 990 filings does Vershare have?
Vershare 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. The most recent filing shows $82K in total revenue.
Filing History
IRS 990 filing history for Vershare showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Vershare's revenue has declined by 6.8%, moving from $50K to $47K. Total assets increased by 1.1% over the same period, from $95K to $96K. Total functional expenses fell by 19.1%, from $65K to $52K. In its most recent filing year (2023), Vershare reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $52K | $96K | $0 | — | View 990 |
| 2022 | $48K | $40K | $101K | $0 | — | View 990 |
| 2021 | $54K | $41K | $93K | $0 | — | View 990 |
| 2017 | $31K | $40K | $55K | $0 | — | View 990 |
| 2016 | $28K | $32K | $63K | $0 | — | View 990 |
| 2015 | $32K | $40K | $67K | $0 | — | View 990 |
| 2014 | $28K | $42K | $74K | $0 | — | View 990 |
| 2013 | $37K | $37K | $88K | $0 | — | View 990 |
| 2012 | $43K | $49K | $87K | $0 | — | View 990 |
| 2011 | $50K | $65K | $95K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $52K, and assets of $96K (revenue -3.0% year-over-year).
- 2022: Revenue of $48K, expenses of $40K, and assets of $101K (revenue -9.7% year-over-year).
- 2021: Revenue of $54K, expenses of $41K, and assets of $93K (revenue +72.8% year-over-year).
- 2017: Revenue of $31K, expenses of $40K, and assets of $55K (revenue +10.1% year-over-year).
- 2016: Revenue of $28K, expenses of $32K, and assets of $63K (revenue -12.6% year-over-year).
- 2015: Revenue of $32K, expenses of $40K, and assets of $67K (revenue +13.8% year-over-year).
- 2014: Revenue of $28K, expenses of $42K, and assets of $74K (revenue -24.2% year-over-year).
- 2013: Revenue of $37K, expenses of $37K, and assets of $88K (revenue -13.0% year-over-year).
- 2012: Revenue of $43K, expenses of $49K, and assets of $87K (revenue -14.8% year-over-year).
- 2011: Revenue of $50K, expenses of $65K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vershare:
Data Sources and Methodology
This transparency report for Vershare 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.