Inconsistent revenue streams leading to unpredictable financial performance in some years.
Expenses exceeded revenue in multiple years (e.g., 2022, 2021, 2019, 2017), indicating potential operational deficits.
Strengths
Zero officer compensation reported across all filings, demonstrating excellent financial stewardship and dedication to mission.
Significant revenue growth in the latest filing (2023) to $940,348, indicating strong fundraising or grant acquisition.
Generally low liabilities, suggesting prudent financial management and avoidance of significant debt.
Spending Breakdown
How Vermont Caribbean Institiute Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Vermont Caribbean Institiute Inc
Is Vermont Caribbean Institiute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Caribbean Institiute Inc (EIN: 202474069) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Vermont Caribbean Institiute Inc a good charity to donate to?
Vermont Caribbean Institiute Inc has a Mission Score of 85/100. Revenue: $1.7M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vermont Caribbean Institiute Inc?
The Employer Identification Number (EIN) for Vermont Caribbean Institiute Inc is 202474069. 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 Vermont Caribbean Institiute Inc spend its money?
Vermont Caribbean Institiute Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vermont Caribbean Institiute Inc's tax-exempt status?
You can verify Vermont Caribbean Institiute Inc's tax-exempt status using EIN 202474069 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
Vermont Caribbean Institute Inc. demonstrates a fluctuating financial trajectory over the past decade. While the organization reported a significant increase in revenue to $940,348 in 2023, up from $217,946 in 2022, its asset base has also seen considerable variation, peaking at $565,281 in 2023 after a dip to $152,106 in 2022. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. The organization's transparency regarding executive compensation is excellent, but a more granular view of program, administrative, and fundraising expenses would further enhance its financial transparency.