Is Vermont Software Developersalliance Inc…

Quick charity verification for Vermont Software Developersalliance Inc (EIN: 205367423)

Spending Breakdown

How Vermont Software Developersalliance Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

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 Vermont Software Developersalliance Inc

Is Vermont Software Developersalliance Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Vermont Software Developersalliance Inc (EIN: 205367423) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Vermont Software Developersalliance Inc a good charity to donate to?

Vermont Software Developersalliance Inc has a Mission Score of 85/100. Revenue: $114K. Assets: $30K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Vermont Software Developersalliance Inc?

The Employer Identification Number (EIN) for Vermont Software Developersalliance Inc is 205367423. 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 Software Developersalliance Inc spend its money?

Vermont Software Developersalliance Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Vermont Software Developersalliance Inc's tax-exempt status?

You can verify Vermont Software Developersalliance Inc's tax-exempt status using EIN 205367423 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 Software Developersalliance Inc (VSDI) demonstrates a consistent operational history, with revenues and expenses generally balancing out over the past decade, typically hovering around the $100,000 - $150,000 range. In the latest filing (202312), the organization reported revenues of $133,667 against expenses of $133,742, indicating a very tight operational margin. While the organization's assets have fluctuated, they remain relatively modest, with $37,616 in assets and $23,993 in liabilities in 2023, suggesting limited reserves. The consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of financial transparency and a focus on mission over executive pay.

The organization's financial health appears stable but without significant growth or substantial reserves. The consistent near-breakeven operations suggest that VSDI is effectively utilizing its incoming funds for its stated purpose, rather than accumulating large surpluses. However, this also means it has limited capacity to absorb unexpected financial shocks or invest heavily in new initiatives without securing additional funding. The absence of officer compensation is a strong point for donor confidence, indicating that all funds are directed towards operational costs and programs.

Given the NTEE code S41 (Software Development & Programming), the organization's financial activity aligns with a community-focused, potentially volunteer-driven model. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency, allowing for public scrutiny of its financial activities. Overall, VSDI appears to be a lean, mission-focused organization with good transparency regarding executive compensation.

Is Vermont Software Developersalliance Inc Legit?

Verdict: Vermont Software Developersalliance Inc appears trustworthy

Red Flags

Strengths