Quick charity verification for New Thoughts Vermont (EIN: 201301789)
Verdict: New Thoughts Vermont appears trustworthy
75/100Mission Score
$73KRevenue
$215KAssets
1Red Flags
3Strengths
Red Flags
High liabilities relative to assets (58% in 2023)
Strengths
Consistent revenue growth (from $35,560 in 2020 to $72,507 in 2023)
No reported officer compensation (0% across all filings)
Stable asset base (over $200,000 consistently)
Spending Breakdown
How New Thoughts Vermont allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 New Thoughts Vermont
Is New Thoughts Vermont a legitimate charity?
Based on AI analysis of IRS 990 filings, New Thoughts Vermont (EIN: 201301789) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
Is New Thoughts Vermont a good charity to donate to?
New Thoughts Vermont has a Mission Score of 75/100. Revenue: $73K. Assets: $215K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Thoughts Vermont?
The Employer Identification Number (EIN) for New Thoughts Vermont is 201301789. 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 New Thoughts Vermont spend its money?
New Thoughts Vermont allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Thoughts Vermont's tax-exempt status?
You can verify New Thoughts Vermont's tax-exempt status using EIN 201301789 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
New Thoughts Vermont demonstrates consistent financial growth, with revenue increasing from $35,560 in 2020 to $72,507 in 2023. This growth is positive, indicating increasing support for its mission. The organization has maintained a healthy asset base, growing from $209,495 in 2020 to $215,443 in 2023, which provides a solid foundation. However, liabilities remain significant, at $124,989 in 2023, representing a substantial portion of its assets. While the organization has consistently reported 0% officer compensation, which is a positive indicator of volunteer leadership or modest compensation practices, the detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, making a precise assessment of spending efficiency challenging. Further analysis of the full 990 forms would be needed to determine the exact allocation of expenses and fully evaluate spending efficiency and program impact.