Association Of Vermont Independent Colleges
EIN: 30289811 · Montpelier, VT · NTEE: B20Z
| Metric | Value |
|---|---|
| Total Revenue | $177K |
| Total Expenses | $192K |
| Net Assets | $106K |
Is Association Of Vermont Independent Colleges Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Association Of Vermont Independent Colleges
Association Of Vermont Independent Colleges (EIN: 30289811) is a nonprofit organization based in Montpelier, VT, classified under NTEE code B20Z. The organization reported total revenue of $177K and total assets of $132K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Vermont Independent Colleges's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Vermont Independent Colleges is a small nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $170K |
| Total Expenses | $192K |
| Surplus / Deficit | $-22,120 |
| Total Assets | $111K |
| Total Liabilities | $4K |
| Net Assets | $106K |
| Operating Margin | -13.0% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Association Of Vermont Independent Colleges reported a deficit of $22K with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Association Of Vermont Independent Colleges's revenue has declined at a compound annual growth rate (CAGR) of -9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.9% | +26.2% | -16.2% |
| 2022 | -13.4% | +10.6% | +1.3% |
| 2021 | +19.6% | -0.7% | +6.2% |
| 2020 | +9.2% | -1.1% | +49.3% |
| 2019 | -1.2% | +2.7% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Association Of Vermont Independent Colleges has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association Of Vermont Independent Colleges with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.9%.
Frequently Asked Questions about Association Of Vermont Independent Colleges
Is Association Of Vermont Independent Colleges a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Vermont Independent Colleges (EIN: 30289811) insufficient data. 0 red flags identified, 0 strengths noted.
How does Association Of Vermont Independent Colleges spend its money?
Detailed spending breakdown data is not yet available for Association Of Vermont Independent Colleges. Check back for updated IRS 990 analysis.
Are donations to Association Of Vermont Independent Colleges tax-deductible?
Association Of Vermont Independent Colleges is registered as a tax-exempt nonprofit (EIN: 30289811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Association Of Vermont Independent Colleges located?
Association Of Vermont Independent Colleges is headquartered in Montpelier, Vermont and files with the IRS under EIN 30289811. It is classified under NTEE code B20Z.
How many years of IRS 990 filings does Association Of Vermont Independent Colleges have?
Association Of Vermont Independent Colleges has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $177K in total revenue.
Filing History
IRS 990 filing history for Association Of Vermont Independent Colleges showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Association Of Vermont Independent Colleges's revenue has declined by 65.4%, moving from $491K to $170K. Total assets increased by 2.2% over the same period, from $108K to $111K. Total functional expenses fell by 60.5%, from $486K to $192K. In its most recent filing year (2023), Association Of Vermont Independent Colleges reported a deficit of $22K, with expenses exceeding revenue. The organization holds $4K in liabilities against $111K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $170K | $192K | $111K | $4K | — | View 990 |
| 2022 | $153K | $152K | $132K | $4K | — | View 990 |
| 2021 | $177K | $138K | $131K | $3K | — | — |
| 2020 | $148K | $139K | $123K | $35K | — | View 990 |
| 2019 | $136K | $140K | $82K | $4K | — | View 990 |
| 2018 | $137K | $136K | $86K | $3K | — | View 990 |
| 2017 | $137K | $141K | $85K | $3K | — | View 990 |
| 2016 | $140K | $147K | $90K | $4K | — | View 990 |
| 2015 | $194K | $198K | $96K | $4K | — | View 990 |
| 2014 | $136K | $148K | $100K | $3K | — | View 990 |
| 2013 | $319K | $315K | $112K | $3K | — | View 990 |
| 2012 | $491K | $486K | $108K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $170K, expenses of $192K, and assets of $111K (revenue +10.9% year-over-year).
- 2022: Revenue of $153K, expenses of $152K, and assets of $132K (revenue -13.4% year-over-year).
- 2021: Revenue of $177K, expenses of $138K, and assets of $131K (revenue +19.6% year-over-year).
- 2020: Revenue of $148K, expenses of $139K, and assets of $123K (revenue +9.2% year-over-year).
- 2019: Revenue of $136K, expenses of $140K, and assets of $82K (revenue -1.2% year-over-year).
- 2018: Revenue of $137K, expenses of $136K, and assets of $86K (revenue +0.1% year-over-year).
- 2017: Revenue of $137K, expenses of $141K, and assets of $85K (revenue -2.2% year-over-year).
- 2016: Revenue of $140K, expenses of $147K, and assets of $90K (revenue -27.7% year-over-year).
- 2015: Revenue of $194K, expenses of $198K, and assets of $96K (revenue +42.9% year-over-year).
- 2014: Revenue of $136K, expenses of $148K, and assets of $100K (revenue -57.4% year-over-year).
- 2013: Revenue of $319K, expenses of $315K, and assets of $112K (revenue -35.0% year-over-year).
- 2012: Revenue of $491K, expenses of $486K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Vermont Independent Colleges:
Data Sources and Methodology
This transparency report for Association Of Vermont Independent Colleges is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.