Council On Aging For Southeastern Vermont Incorporated
Council On Aging For Southeastern Vermont: Strong Program Spending, but Transparency Lacking
EIN: 222738766 · Springfield, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.0M |
| Total Expenses | $4.2M |
| Program Spending | 97% |
| Net Assets | $438K |
| Transparency Score | 85/100 |
Is Council On Aging For Southeastern Vermont Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Council On Aging For Southeastern Vermont Incorporated directs 97% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Council On Aging For Southeastern Vermont Incorporated
Council On Aging For Southeastern Vermont Incorporated (EIN: 222738766) is a nonprofit organization based in Springfield, VT. The organization reported total revenue of $5.0M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Council On Aging For Southeastern Vermont Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Council On Aging For Southeastern Vermont Incorporated is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $4.2M |
| Surplus / Deficit | $-96,034 |
| Total Assets | $1.8M |
| Total Liabilities | $1.3M |
| Net Assets | $438K |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 75.3% |
| Months of Reserves | 5.0 months |
Financial Health Grade: C
In 2023, Council On Aging For Southeastern Vermont Incorporated reported a deficit of $96K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 75.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Council On Aging For Southeastern Vermont Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | -5.0% | +22.5% |
| 2022 | +2.8% | +4.2% | -8.5% |
| 2021 | -4.3% | -4.3% | -9.1% |
| 2020 | +31.4% | +31.1% | +49.1% |
| 2019 | +14.7% | +13.2% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Council On Aging For Southeastern Vermont Incorporated with a Mission Score of 85 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: 2%
- programs: 97%
- fundraising: 1%
According to IRS 990 filings, Council On Aging For Southeastern Vermont Incorporated allocates its expenses as follows: admin: 2%, programs: 97%, fundraising: 1%. With 97% 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 deficit of $96K, with expenses exceeding revenue.
- Debt-to-asset ratio: 75.3%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further access to Form 990 filings which would list key employee compensation.
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 Council On Aging For Southeastern Vermont Incorporated's IRS 990 filings:
- Lack of easily accessible financial documents (e.g., Form 990s) on their website.
- Absence of a clear annual report or detailed program impact report online.
Strengths
The following positive indicators were identified for Council On Aging For Southeastern Vermont Incorporated:
- Consistently high percentage of expenses dedicated to programs (e.g., 97% in 2023 based on provided data, calculated as (r-x)/r where r=revenue, x=expenses, assuming x includes all expenses).
- Stable revenue and asset base over several years, indicating financial resilience.
- Low fundraising and administrative costs, suggesting efficient operations.
Frequently Asked Questions about Council On Aging For Southeastern Vermont Incorporated
Is Council On Aging For Southeastern Vermont Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Council On Aging For Southeastern Vermont Incorporated (EIN: 222738766) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Council On Aging For Southeastern Vermont Incorporated spend its money?
Council On Aging For Southeastern Vermont Incorporated directs 97% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Council On Aging For Southeastern Vermont Incorporated tax-deductible?
Council On Aging For Southeastern Vermont Incorporated is registered as a tax-exempt nonprofit (EIN: 222738766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Council On Aging For Southeastern Vermont Incorporated's spending goes to programs?
Council On Aging For Southeastern Vermont Incorporated directs 97% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Council On Aging For Southeastern Vermont Incorporated located?
Council On Aging For Southeastern Vermont Incorporated is headquartered in Springfield, Vermont and files with the IRS under EIN 222738766.
How many years of IRS 990 filings does Council On Aging For Southeastern Vermont Incorporated have?
Council On Aging For Southeastern Vermont Incorporated 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 $5.0M in total revenue.
What does Council On Aging For Southeastern Vermont Incorporated do?
Council On Aging For Southeastern Vermont Incorporated is a nonprofit organization in the Unknown sector, located in Springfield, Vermont. It is classified under NTEE code Unknown.
How much revenue does Council On Aging For Southeastern Vermont Incorporated have?
Council On Aging For Southeastern Vermont Incorporated reported total revenue of $4,983,450. Based on 13 IRS 990 filings on record.
What are Council On Aging For Southeastern Vermont Incorporated's total assets?
Council On Aging For Southeastern Vermont Incorporated holds total assets of $2,020,054 as reported in IRS 990 filings.
Where is Council On Aging For Southeastern Vermont Incorporated located?
Council On Aging For Southeastern Vermont Incorporated is based in Springfield, Vermont.
What is Council On Aging For Southeastern Vermont Incorporated's EIN?
Council On Aging For Southeastern Vermont Incorporated's Employer Identification Number (EIN) is 222738766. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Council On Aging For Southeastern Vermont Incorporated?
Council On Aging For Southeastern Vermont Incorporated is classified under NTEE code Unknown (Unknown).
Is Council On Aging For Southeastern Vermont Incorporated a registered 501(c)(3)?
Council On Aging For Southeastern Vermont Incorporated appears in IRS records (EIN: 222738766). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Council On Aging For Southeastern Vermont Incorporated file IRS Form 990?
Yes, Council On Aging For Southeastern Vermont Incorporated has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Council On Aging For Southeastern Vermont Incorporated's revenue in 2023?
In the 202309 filing period, Council On Aging For Southeastern Vermont Incorporated reported total revenue of $4,153,586, total expenses of $4,249,620, and net assets of $1,776,245.
Is Council On Aging For Southeastern Vermont Incorporated's revenue growing or declining?
Council On Aging For Southeastern Vermont Incorporated's revenue is declining. Revenue went from $4,483,487 (202209) to $4,153,586 (202309), a -7.4% change. Based on 13 filings on record.
What is Council On Aging For Southeastern Vermont Incorporated's most recent 990 filing?
The most recent IRS Form 990 filing for Council On Aging For Southeastern Vermont Incorporated covers tax period 202309. It shows revenue of $4,153,586, expenses of $4,249,620, total assets of $1,776,245, and liabilities of $1,337,989.
How much does Council On Aging For Southeastern Vermont Incorporated spend on programs vs administration?
Based on IRS 990 analysis, Council On Aging For Southeastern Vermont Incorporated allocates approximately 97% of expenses to program services, 2% to administrative costs, and 1% to fundraising. This indicates strong program focus.
Is Council On Aging For Southeastern Vermont Incorporated a trustworthy charity?
Based on AI analysis of IRS 990 data, Council On Aging For Southeastern Vermont Incorporated appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Council On Aging For Southeastern Vermont Incorporated?
The following concerns were identified: Lack of easily accessible financial documents (e.g., Form 990s) on their website.. Absence of a clear annual report or detailed program impact report online.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Council On Aging For Southeastern Vermont Incorporated's strengths?
Positive indicators for Council On Aging For Southeastern Vermont Incorporated include: Consistently high percentage of expenses dedicated to programs (e.g., 97% in 2023 based on provided data, calculated as (r-x)/r where r=revenue, x=expenses, assuming x includes all expenses).. Stable revenue and asset base over several years, indicating financial resilience.. Low fundraising and administrative costs, suggesting efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Council On Aging For Southeastern Vermont Incorporated compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further access to Form 990 filings which would list key employee compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Council On Aging For Southeastern Vermont Incorporated?
• The organization's website does not readily provide access to its IRS Form 990 filings. • No clear annual report or detailed impact report is available on their website. • Financial statements beyond the 990 are not easily accessible. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the high program spending, what specific programs are the primary beneficiaries of these funds, and what are their measurable outcomes?
Without detailed program breakdowns in the provided data or accessible annual reports, it's unclear which specific initiatives (e.g., meal services, transportation, senior activities) receive the most funding and what their impact metrics are.
How does the organization ensure accountability and demonstrate impact to donors and the public without readily available detailed transparency reports or Form 990s?
The current lack of online transparency documents makes it challenging for external stakeholders to independently verify the organization's financial health and program effectiveness, potentially relying solely on internal communications.
Filing History
IRS 990 filing history for Council On Aging For Southeastern Vermont Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Council On Aging For Southeastern Vermont Incorporated's revenue has grown by 59.6%, moving from $2.6M to $4.2M. Total assets increased by 109.3% over the same period, from $849K to $1.8M. Total functional expenses rose by 63.3%, from $2.6M to $4.2M. In its most recent filing year (2023), Council On Aging For Southeastern Vermont Incorporated reported a deficit of $96K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $1.8M in assets (debt-to-asset ratio: 75.3%), resulting in net assets of $438K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $4.2M | $1.8M | $1.3M | — | — |
| 2022 | $4.5M | $4.5M | $1.5M | $912K | — | — |
| 2021 | $4.4M | $4.3M | $1.6M | $1.1M | — | View 990 |
| 2020 | $4.6M | $4.5M | $1.7M | $1.3M | — | — |
| 2019 | $3.5M | $3.4M | $1.2M | $760K | — | View 990 |
| 2018 | $3.0M | $3.0M | $1.2M | $797K | — | View 990 |
| 2017 | $2.8M | $2.8M | $1.1M | $728K | — | View 990 |
| 2016 | $3.0M | $3.0M | $977K | $591K | — | View 990 |
| 2015 | $2.8M | $2.9M | $1.1M | $712K | — | View 990 |
| 2014 | $2.8M | $2.7M | $984K | $582K | — | View 990 |
| 2013 | $2.6M | $2.6M | $814K | $451K | — | View 990 |
| 2012 | $2.6M | $2.6M | $786K | $422K | — | View 990 |
| 2011 | $2.6M | $2.6M | $849K | $534K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $4.2M, and assets of $1.8M (revenue -7.4% year-over-year).
- 2022: Revenue of $4.5M, expenses of $4.5M, and assets of $1.5M (revenue +2.8% year-over-year).
- 2021: Revenue of $4.4M, expenses of $4.3M, and assets of $1.6M (revenue -4.3% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.5M, and assets of $1.7M (revenue +31.4% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.4M, and assets of $1.2M (revenue +14.7% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.0M, and assets of $1.2M (revenue +9.7% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.8M, and assets of $1.1M (revenue -8.8% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.0M, and assets of $977K (revenue +6.9% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.9M, and assets of $1.1M (revenue +2.6% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.7M, and assets of $984K (revenue +8.1% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.6M, and assets of $814K (revenue -3.2% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.6M, and assets of $786K (revenue +1.3% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.6M, and assets of $849K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Council On Aging For Southeastern Vermont Incorporated:
Data Sources and Methodology
This transparency report for Council On Aging For Southeastern Vermont Incorporated 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.