Central Vermont Dressage Association Inc
Central Vermont Dressage Association Inc. maintains stable finances with volunteer leadership and consistent asset growth.
EIN: 200731392 · Springfield, VT · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $54K |
| Total Expenses | $46K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $40,000 |
| Net Assets | $120K |
| Transparency Score | 90/100 |
Is Central Vermont Dressage Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Vermont Dressage Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Vermont Dressage Association Inc
Central Vermont Dressage Association Inc (EIN: 200731392) is a nonprofit organization based in Springfield, VT, classified under NTEE code B60. The organization reported total revenue of $54K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Vermont Dressage Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Vermont Dressage Association Inc is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $46K |
| Surplus / Deficit | +$455 |
| Total Assets | $120K |
| Net Assets | $120K |
| Operating Margin | 1.0% |
| Months of Reserves | 31.3 months |
Financial Health Grade: A
In 2023, Central Vermont Dressage Association Inc reported a surplus of $455 with revenue exceeding expenses, holds 31.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Central Vermont Dressage Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -100.0% | -100.0% |
| 2021 | +716.2% | +402.0% | +13.5% |
| 2020 | -85.8% | -77.5% | -1.6% |
| 2019 | -7.1% | -18.9% | +7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Vermont Dressage Association Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Central Vermont Dressage Association Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $455, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the organization is entirely volunteer-led at the officer level, which is highly efficient for an organization of its size with annual revenues typically ranging from $40,000 to $50,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Central Vermont Dressage Association Inc's IRS 990 filings:
- Unexplained $0 filing for the 2022 fiscal period, which could indicate a temporary lapse in operations or reporting.
Strengths
The following positive indicators were identified for Central Vermont Dressage Association Inc:
- Consistent positive net assets and asset growth, from $74,172 in 2014 to $119,638 in 2023.
- Zero liabilities reported across all available filings, indicating strong financial health and no debt.
- 0% officer compensation, suggesting a highly efficient, volunteer-driven leadership model.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency.
- Generally operates with revenues exceeding or closely matching expenses, indicating sustainable financial management.
Frequently Asked Questions about Central Vermont Dressage Association Inc
Is Central Vermont Dressage Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Vermont Dressage Association Inc (EIN: 200731392) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Central Vermont Dressage Association Inc spend its money?
Central Vermont Dressage Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Vermont Dressage Association Inc tax-deductible?
Central Vermont Dressage Association Inc is registered as a tax-exempt nonprofit (EIN: 200731392). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Central Vermont Dressage Association Inc CEO make?
Central Vermont Dressage Association Inc's highest-compensated officer earns $40,000 annually. The organization reported $54K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Central Vermont Dressage Association Inc's spending goes to programs?
Central Vermont Dressage Association Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Central Vermont Dressage Association Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Central Vermont Dressage Association Inc is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Central Vermont Dressage Association Inc located?
Central Vermont Dressage Association Inc is headquartered in Springfield, Vermont and files with the IRS under EIN 200731392. It is classified under NTEE code B60.
How many years of IRS 990 filings does Central Vermont Dressage Association Inc have?
Central Vermont Dressage Association Inc has 13 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 $54K in total revenue.
Is Central Vermont Dressage Association Inc. a good charity?
Based on the available data, Central Vermont Dressage Association Inc. appears to be a good charity. It demonstrates strong financial stability with growing assets and no liabilities, operates with 0% officer compensation, and consistently files its IRS 990s, indicating transparency.
How does the organization manage its finances?
The organization manages its finances prudently, consistently maintaining positive net assets and operating with revenues generally exceeding expenses. For example, in 2023, revenue was $46,345 against expenses of $45,890. They also have no reported liabilities, indicating a debt-free operation.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the past decade, increasing from $74,172 in 2014 to $119,638 in 2023, demonstrating healthy financial growth and accumulation of resources.
Why was there a $0 filing in 2022?
The 2022 filing period reported $0 revenue, expenses, assets, and liabilities. This is an unusual anomaly that could suggest a temporary dormancy, an administrative error, or a specific filing exemption for that year. However, operations resumed normally in 2023.
Filing History
IRS 990 filing history for Central Vermont Dressage Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Vermont Dressage Association Inc's revenue has declined by 6.9%, moving from $50K to $46K. Total assets increased by 86% over the same period, from $64K to $120K. Total functional expenses fell by 22.6%, from $59K to $46K. In its most recent filing year (2023), Central Vermont Dressage Association Inc reported a surplus of $455, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $46K | $120K | $0 | — | — |
| 2022 | $0 | $0 | $0 | $0 | — | View 990 |
| 2021 | $51K | $42K | $122K | $0 | — | — |
| 2020 | $6K | $8K | $107K | $0 | — | View 990 |
| 2019 | $44K | $37K | $109K | $0 | — | View 990 |
| 2018 | $48K | $46K | $101K | $0 | — | View 990 |
| 2017 | $42K | $43K | $100K | $0 | — | View 990 |
| 2016 | $76K | $64K | $102K | $0 | — | View 990 |
| 2015 | $88K | $71K | $90K | $0 | — | View 990 |
| 2014 | $47K | $39K | $74K | $0 | — | View 990 |
| 2013 | $49K | $52K | $67K | $0 | — | View 990 |
| 2012 | $55K | $49K | $70K | $0 | — | View 990 |
| 2011 | $50K | $59K | $64K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46K, expenses of $46K, and assets of $120K.
- 2022: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2021: Revenue of $51K, expenses of $42K, and assets of $122K (revenue +716.2% year-over-year).
- 2020: Revenue of $6K, expenses of $8K, and assets of $107K (revenue -85.8% year-over-year).
- 2019: Revenue of $44K, expenses of $37K, and assets of $109K (revenue -7.1% year-over-year).
- 2018: Revenue of $48K, expenses of $46K, and assets of $101K (revenue +13.7% year-over-year).
- 2017: Revenue of $42K, expenses of $43K, and assets of $100K (revenue -44.6% year-over-year).
- 2016: Revenue of $76K, expenses of $64K, and assets of $102K (revenue -13.6% year-over-year).
- 2015: Revenue of $88K, expenses of $71K, and assets of $90K (revenue +86.6% year-over-year).
- 2014: Revenue of $47K, expenses of $39K, and assets of $74K (revenue -3.9% year-over-year).
- 2013: Revenue of $49K, expenses of $52K, and assets of $67K (revenue -10.8% year-over-year).
- 2012: Revenue of $55K, expenses of $49K, and assets of $70K (revenue +10.0% year-over-year).
- 2011: Revenue of $50K, expenses of $59K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Vermont Dressage Association Inc:
Data Sources and Methodology
This transparency report for Central Vermont Dressage Association Inc 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.