Is Central Vermont Dressage Association Inc…

Quick charity verification for Central Vermont Dressage Association Inc (EIN: 200731392)

Strengths

Consistent positive net assets and asset growth, from $74,172 in 2014 to $119,638 in 2023.
Zero liabilities reported across all available filings, indicating strong financial health and no debt.
0% officer compensation, suggesting a highly efficient, volunteer-driven leadership model.
Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency.
Generally operates with revenues exceeding or closely matching expenses, indicating sustainable financial management.

Spending Breakdown

How Central Vermont Dressage Association Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Central Vermont Dressage Association Inc

Is Central Vermont Dressage Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Central Vermont Dressage Association Inc (EIN: 200731392) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Central Vermont Dressage Association Inc a good charity to donate to?

Central Vermont Dressage Association Inc has a Mission Score of 90/100. Revenue: $54K. Assets: $128K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Central Vermont Dressage Association Inc?

The Employer Identification Number (EIN) for Central Vermont Dressage Association Inc is 200731392. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Central Vermont Dressage Association Inc spend its money?

Central Vermont Dressage Association Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Central Vermont Dressage Association Inc's tax-exempt status?

You can verify Central Vermont Dressage Association Inc's tax-exempt status using EIN 200731392 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Central Vermont Dressage Association Inc. demonstrates consistent financial health, maintaining positive net assets and generally operating with revenues exceeding or closely matching expenses over the past decade. For instance, in 2023, the organization reported revenues of $46,345 against expenses of $45,890, resulting in a small surplus. Their assets have shown steady growth, increasing from $74,172 in 2014 to $119,638 in 2023, indicating sound financial management and accumulation of resources. The organization's liabilities consistently remain at $0, which is a strong indicator of financial stability and responsible fiscal practices.

Spending efficiency appears high, as the organization reports 0% officer compensation across all available filings, suggesting a volunteer-driven leadership model. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of paid officers implies that a significant portion of their operational budget likely goes directly to their mission-related activities. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, providing public access to their financial information.

One notable anomaly is the 2022 filing period, which reported $0 revenue, $0 expenses, and $0 assets/liabilities. This could indicate a lapse in filing or a period of complete inactivity, which warrants further investigation to understand the continuity of operations. However, the subsequent 2023 filing shows a return to normal activity, suggesting this was an isolated incident. Overall, the organization appears to be a well-managed, financially stable entity with a strong commitment to its mission, supported by volunteer leadership.

Is Central Vermont Dressage Association Inc Legit?

Verdict: Central Vermont Dressage Association Inc appears trustworthy

Red Flags