New Thoughts Vermont
New Thoughts Vermont shows consistent revenue growth and stable assets, with no reported officer compensation.
EIN: 201301789 · Weston, VT · NTEE: X99 · Updated: 2026-03-28
Is New Thoughts Vermont Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Thoughts Vermont directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Thoughts Vermont
New Thoughts Vermont (EIN: 201301789) is a nonprofit organization based in Weston, VT, classified under NTEE code X99. The organization reported total revenue of $73K and total assets of $215K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Thoughts Vermont's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Thoughts Vermont with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New Thoughts Vermont allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
New Thoughts Vermont reports 0% officer compensation across all available filings, suggesting a volunteer-led organization or that executive compensation is covered under other expense categories, which would require further investigation of the full 990 forms.
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 New Thoughts Vermont's IRS 990 filings:
- High liabilities relative to assets (58% in 2023)
Strengths
The following positive indicators were identified for New Thoughts Vermont:
- Consistent revenue growth (from $35,560 in 2020 to $72,507 in 2023)
- No reported officer compensation (0% across all filings)
- Stable asset base (over $200,000 consistently)
Frequently Asked Questions about New Thoughts Vermont
Is New Thoughts Vermont a legitimate charity?
Based on AI analysis of IRS 990 filings, New Thoughts Vermont (EIN: 201301789) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does New Thoughts Vermont spend its money?
New Thoughts Vermont directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Thoughts Vermont tax-deductible?
New Thoughts Vermont is registered as a tax-exempt nonprofit (EIN: 201301789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is New Thoughts Vermont financially stable?
Yes, New Thoughts Vermont appears financially stable, demonstrating consistent revenue growth from $35,560 in 2020 to $72,507 in 2023, and maintaining a stable asset base of over $200,000.
How has New Thoughts Vermont's revenue changed over time?
New Thoughts Vermont has experienced significant revenue growth, more than doubling from $35,560 in 2020 to $72,507 in 2023.
What is the trend in New Thoughts Vermont's liabilities?
New Thoughts Vermont's liabilities have shown a slight decrease from $143,810 in 2020 to $124,989 in 2023, which is a positive trend.
Filing History
IRS 990 filing history for New Thoughts Vermont showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), New Thoughts Vermont's revenue has grown by 103.9%, moving from $36K to $73K. Total assets increased by 2.8% over the same period, from $209K to $215K. Total functional expenses fell by 13.4%, from $57K to $50K. In its most recent filing year (2023), New Thoughts Vermont reported a surplus of $23K, with revenue exceeding expenses. The organization holds $125K in liabilities against $215K in assets (debt-to-asset ratio: 58.0%), resulting in net assets of $90K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $50K | $215K | $125K | — | — |
| 2022 | $45K | $45K | $199K | $131K | — | View 990 |
| 2021 | $38K | $36K | $205K | $138K | — | — |
| 2020 | $36K | $57K | $209K | $144K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $50K, and assets of $215K (revenue +61.6% year-over-year).
- 2022: Revenue of $45K, expenses of $45K, and assets of $199K (revenue +17.6% year-over-year).
- 2021: Revenue of $38K, expenses of $36K, and assets of $205K (revenue +7.3% year-over-year).
- 2020: Revenue of $36K, expenses of $57K, and assets of $209K.
Data Sources and Methodology
This transparency report for New Thoughts Vermont 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.