Is Vermont Medical Society Education And Research Foundation Legit?
Quick charity verification for Vermont Medical Society Education And Research Foundation (EIN: 200183445)
Verdict: Vermont Medical Society Education And Research Foundation appears trustworthy
85/100Mission Score
$216KRevenue
$475KAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the 2023 fiscal period ($134,497 vs. $80,649), leading to a deficit.
Significant year-to-year revenue fluctuations (e.g., $515,952 in 2016 vs. $28,450 in 2021) could indicate reliance on inconsistent funding sources.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
Strong asset growth over the past decade, from $157,866 in 2016 to $475,212 in the latest period.
Generally low or zero liabilities, demonstrating sound financial management and avoidance of debt.
Consistent IRS 990 filing history (12 filings), indicating good compliance and transparency.
Spending Breakdown
How Vermont Medical Society Education And Research Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Medical Society Education And Research Foundation
Is Vermont Medical Society Education And Research Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Medical Society Education And Research Foundation (EIN: 200183445) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Vermont Medical Society Education And Research Foundation a good charity to donate to?
Vermont Medical Society Education And Research Foundation has a Mission Score of 85/100. Revenue: $216K. Assets: $475K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vermont Medical Society Education And Research Foundation?
The Employer Identification Number (EIN) for Vermont Medical Society Education And Research Foundation is 200183445. 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 Medical Society Education And Research Foundation spend its money?
Vermont Medical Society Education And Research Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vermont Medical Society Education And Research Foundation's tax-exempt status?
You can verify Vermont Medical Society Education And Research Foundation's tax-exempt status using EIN 200183445 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 Vermont Medical Society Education And Research Foundation demonstrates a generally stable financial position with fluctuating but often positive net assets over the past decade. While revenue has varied significantly year-to-year, from a low of $28,450 in 2021 to a high of $515,952 in 2016, the organization has consistently maintained a healthy asset base, reaching $475,212 in the latest period. A notable strength is the consistent reporting of zero officer compensation across all available filings, indicating a volunteer-driven leadership or very low overhead in this area. However, the 2023 period showed expenses ($134,497) exceeding revenue ($80,649), leading to a deficit, which warrants monitoring. The organization's liabilities have generally been low or zero, suggesting good financial management in avoiding debt.
The foundation's spending efficiency appears reasonable, especially given the absence of executive compensation. Without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, it's challenging to precisely assess efficiency ratios. However, the consistent growth in assets, despite revenue fluctuations, suggests effective management of resources. The organization's transparency is strong regarding executive compensation, as it consistently reports $0. Further transparency could be enhanced with more detailed expense breakdowns in public filings to allow for a clearer understanding of how funds are allocated between programs, administration, and fundraising.
Overall, the Vermont Medical Society Education And Research Foundation appears to be a financially sound organization, particularly in its asset management and lack of executive compensation. The recent deficit in 2023 is a point to watch, but it does not overshadow the overall positive financial trajectory and low liability profile. Its consistent filing history also indicates a commitment to regulatory compliance and transparency.