Mentor Vermont Inc
Mentor Vermont Inc faces recent operational deficits despite historical revenue growth.
EIN: 20658483 · Burlington, VT · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $902K |
| Program Spending | 75% |
| Net Assets | $127K |
| Transparency Score | 70/100 |
Is Mentor Vermont Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mentor Vermont Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mentor Vermont Inc
Mentor Vermont Inc (EIN: 20658483) is a nonprofit organization based in Burlington, VT, classified under NTEE code B99. The organization reported total revenue of $1.1M and total assets of $219K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mentor Vermont Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mentor Vermont Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $880K |
| Total Expenses | $902K |
| Surplus / Deficit | $-21,689 |
| Total Assets | $198K |
| Total Liabilities | $71K |
| Net Assets | $127K |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 35.8% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Mentor Vermont Inc reported a deficit of $22K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 35.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mentor Vermont Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.8% | -17.3% | -22.3% |
| 2022 | -14.9% | +0.1% | -21.7% |
| 2021 | +69.1% | +89.0% | +12.8% |
| 2020 | +20.3% | +7.1% | +100.9% |
| 2019 | +0.4% | +1.2% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
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 Mentor Vermont Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Mentor Vermont Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.8%.
Executive Compensation Analysis
Officer compensation is reported as 0% across all available filings, suggesting that key executives may be volunteers or compensated through mechanisms not classified as officer compensation on the 990, which could indicate a high dedication of resources to programs.
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 Mentor Vermont Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in the last two reported fiscal years (2022 and 2023), indicating operational deficits.
- Declining asset base from $324,953 in 2021 to $197,735 in 2023, suggesting a draw on reserves.
Strengths
The following positive indicators were identified for Mentor Vermont Inc:
- Consistent and long history of IRS 990 filings (13 filings), demonstrating transparency.
- Reported 0% officer compensation across all available filings, potentially indicating efficient use of funds for mission-related activities.
- Significant revenue growth from $90,424 in 2014 to over $1 million in 2021, showing historical fundraising capacity.
Frequently Asked Questions about Mentor Vermont Inc
Is Mentor Vermont Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mentor Vermont Inc (EIN: 20658483) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Mentor Vermont Inc spend its money?
Mentor Vermont Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mentor Vermont Inc tax-deductible?
Mentor Vermont Inc is registered as a tax-exempt nonprofit (EIN: 20658483). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mentor Vermont Inc's spending goes to programs?
Mentor Vermont Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mentor Vermont Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Mentor Vermont Inc is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mentor Vermont Inc located?
Mentor Vermont Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 20658483. It is classified under NTEE code B99.
How many years of IRS 990 filings does Mentor Vermont Inc have?
Mentor Vermont 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 $1.1M in total revenue.
Is Mentor Vermont Inc a good charity?
Mentor Vermont Inc has a long history of operation and consistent IRS filings, indicating transparency. While recent financial periods show expenses exceeding revenue, the reported 0% officer compensation suggests a strong commitment to directing funds towards its mission. Its effectiveness ultimately depends on its program impact, which isn't detailed in the financial data alone.
Why are expenses exceeding revenue in recent years?
In fiscal year 2023, expenses were $901,775 while revenue was $880,086, and in 2022, expenses were $1,089,915 against revenue of $965,179. This trend suggests the organization is either expanding programs beyond its current funding capacity, experiencing a temporary dip in fundraising, or facing increased operational costs. This pattern is not sustainable long-term without a corresponding increase in revenue or reduction in expenses.
What is the trend in Mentor Vermont Inc's assets?
The organization's assets have fluctuated, peaking at $324,953 in 2021, then decreasing to $254,588 in 2022, and further to $197,735 in 2023. This decline in assets over the last two years, coupled with operational deficits, suggests the organization may be drawing on its reserves to cover expenses.
Filing History
IRS 990 filing history for Mentor Vermont Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mentor Vermont Inc's revenue has grown by 73.3%, moving from $508K to $880K. Total assets decreased by 62.2% over the same period, from $523K to $198K. Total functional expenses rose by 85.7%, from $486K to $902K. In its most recent filing year (2023), Mentor Vermont Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $71K in liabilities against $198K in assets (debt-to-asset ratio: 35.8%), resulting in net assets of $127K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $880K | $902K | $198K | $71K | — | View 990 |
| 2022 | $965K | $1.1M | $255K | $109K | — | View 990 |
| 2021 | $1.1M | $1.1M | $325K | $55K | — | View 990 |
| 2020 | $671K | $576K | $288K | $67K | — | — |
| 2019 | $558K | $538K | $143K | $6K | — | View 990 |
| 2018 | $556K | $531K | $129K | $12K | — | View 990 |
| 2017 | $546K | $518K | $136K | $43K | — | View 990 |
| 2016 | $525K | $506K | $133K | $68K | — | View 990 |
| 2015 | $440K | $473K | $152K | $106K | — | View 990 |
| 2014 | $90K | $240K | $84K | $5K | — | View 990 |
| 2013 | $382K | $234K | $234K | $5K | — | View 990 |
| 2012 | $459K | $457K | $92K | $12K | — | View 990 |
| 2011 | $508K | $486K | $523K | $446K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $880K, expenses of $902K, and assets of $198K (revenue -8.8% year-over-year).
- 2022: Revenue of $965K, expenses of $1.1M, and assets of $255K (revenue -14.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $325K (revenue +69.1% year-over-year).
- 2020: Revenue of $671K, expenses of $576K, and assets of $288K (revenue +20.3% year-over-year).
- 2019: Revenue of $558K, expenses of $538K, and assets of $143K (revenue +0.4% year-over-year).
- 2018: Revenue of $556K, expenses of $531K, and assets of $129K (revenue +1.8% year-over-year).
- 2017: Revenue of $546K, expenses of $518K, and assets of $136K (revenue +3.9% year-over-year).
- 2016: Revenue of $525K, expenses of $506K, and assets of $133K (revenue +19.3% year-over-year).
- 2015: Revenue of $440K, expenses of $473K, and assets of $152K (revenue +386.4% year-over-year).
- 2014: Revenue of $90K, expenses of $240K, and assets of $84K (revenue -76.4% year-over-year).
- 2013: Revenue of $382K, expenses of $234K, and assets of $234K (revenue -16.7% year-over-year).
- 2012: Revenue of $459K, expenses of $457K, and assets of $92K (revenue -9.6% year-over-year).
- 2011: Revenue of $508K, expenses of $486K, and assets of $523K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mentor Vermont Inc:
Data Sources and Methodology
This transparency report for Mentor Vermont 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.