General Liability Defense Ic FY2020 filing

Burlington, VTUnknown exempt organizationSince 2020EIN 85-1472543

On file with the IRS100 Bank St Suite 630 · Burlington, VT

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General Liability Defense, Ic (General Liability) is a public benefit corporation and incorporated protected cell of a sponsored captive insurance company organized in accordance with the vermont nonprofit corporation act and chapter 141 of title 8 of the vermont statutes annotated. General Liability is organized and operated as a supporting organization described in internal revenue code section 509(a)(3) to provide services and resources for the benefit of, to perform functions of, and to carry out the purposes of, the university of southern california (USC) and usc's tax-exempt affiliates, so long as USC and such affiliates are described in paragraphs (1) or (2) of section 509(a). Specifically, General liability's sole planned activity is to facilitate self-insurance with respect to certain casualty exposures of USC and usc's tax-exempt affiliates.

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990-EZIndependent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $135K a year · 598% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
Net assets
$0
By yearFY2020–FY2025
Revenue
$0
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$64K
FY2025$49K
Expenses
—
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$273K
FY2022$214K
FY2023$149K
FY2024$148K
FY2025$6K
Net assets
$0
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$0
FY2021$1.3M
FY2022$1.1M
FY2023$909K
FY2024$825K
FY2025$0

From the FY2020 Form 990 (year ending June 2020) · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

5 people listed on the 990-EZ.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President/Director
$0Pt VII · Sec A
CFO/Treasurer/Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See General Liability Defense Ic executive salaries →

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Programs and updates

General Liability Defense Ic is a nonprofit organization based in Burlington, VT, formed in 2020.

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Provided by the organization

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2020 990-EZ, line by line.

1The main four
Money in
$0
Owns and owes
$0
net assets
Liabilities$0
People
5
listed
Paid0
2In more detail
Revenue in detail
Total revenue$0
Assets in detailEnd of year
Liabilities$0
Net assets$0
Operations
Employees0
Volunteers0
Fiscal year endsJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $49K$6K$43K$0 990 PDF
FY2024 $64K$148K−$84K$825K 990 PDF
FY2023 $0$149K−$149K$909K 990 PDF
FY2022 $0$214K−$214K$1.1M 990 PDF
FY2021 $0$273K−$273K$1.3M 990 PDF
FY2020 Viewing $0$0 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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