Southwestern Vermont Education Association Inc
Southwestern Vermont Education Association Inc: Declining Assets, Stagnant Revenue
EIN: 223096371 · Bennington, VT · NTEE: J40 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $235K |
| Program Spending | 70% |
| Net Assets | $75K |
| Transparency Score | 45/100 |
Is Southwestern Vermont Education Association Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southwestern Vermont Education Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Southwestern Vermont Education Association Inc
Southwestern Vermont Education Association Inc (EIN: 223096371) is a nonprofit organization based in Bennington, VT, classified under NTEE code J40. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwestern Vermont Education Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southwestern Vermont Education Association Inc is a small nonprofit that has been operating for 11 years, with 2 years of IRS 990 filings on record (2015–2016). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $211K |
| Total Expenses | $235K |
| Surplus / Deficit | $-23,280 |
| Total Assets | $75K |
| Net Assets | $75K |
| Operating Margin | -11.0% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2016, Southwestern Vermont Education Association Inc reported a deficit of $23K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2015–2016), Southwestern Vermont Education Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +5.1% | +26.9% | -25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2015 |
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 Southwestern Vermont Education Association Inc with a Mission Score of 45 out of 100 (Fair). 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: 70%
- fundraising: 15%
According to IRS 990 filings, Southwestern Vermont Education Association Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation figures were provided in the available financial data.
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 Southwestern Vermont Education Association Inc's IRS 990 filings:
- Total assets decreased from $99,681 in 2015 to $74,723 in 2016, indicating a potential decline in financial stability.
- Revenue remained relatively stagnant, increasing only slightly from $201,267 in 2015 to $211,453 in 2016, suggesting limited growth.
- Lack of detailed spending breakdown beyond total expenses makes it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for Southwestern Vermont Education Association Inc:
- Maintained a positive net income in both reported years, with revenues exceeding expenses.
Frequently Asked Questions about Southwestern Vermont Education Association Inc
Is Southwestern Vermont Education Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southwestern Vermont Education Association Inc (EIN: 223096371) significant concerns. Mission Score: 45/100. 3 red flags identified, 1 strength noted.
How does Southwestern Vermont Education Association Inc spend its money?
Southwestern Vermont Education Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southwestern Vermont Education Association Inc tax-deductible?
Southwestern Vermont Education Association Inc is registered as a tax-exempt nonprofit (EIN: 223096371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southwestern Vermont Education Association Inc's spending goes to programs?
Southwestern Vermont Education Association Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Southwestern Vermont Education Association Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Southwestern Vermont Education Association Inc is near average for NTEE category J40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southwestern Vermont Education Association Inc located?
Southwestern Vermont Education Association Inc is headquartered in Bennington, Vermont and files with the IRS under EIN 223096371. It is classified under NTEE code J40.
How many years of IRS 990 filings does Southwestern Vermont Education Association Inc have?
Southwestern Vermont Education Association Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What does Southwestern Vermont Education Association Inc do?
Southwestern Vermont Education Association Inc is a nonprofit organization in the Employment sector, located in Bennington, Vermont. It is classified under NTEE code J40.
How much revenue does Southwestern Vermont Education Association Inc have?
Southwestern Vermont Education Association Inc reported total revenue of N/A. Based on 2 IRS 990 filings on record.
What are Southwestern Vermont Education Association Inc's total assets?
Southwestern Vermont Education Association Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Southwestern Vermont Education Association Inc located?
Southwestern Vermont Education Association Inc is based in Bennington, Vermont.
What is Southwestern Vermont Education Association Inc's EIN?
Southwestern Vermont Education Association Inc's Employer Identification Number (EIN) is 223096371. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Southwestern Vermont Education Association Inc?
Southwestern Vermont Education Association Inc is classified under NTEE code J40 (Employment).
Is Southwestern Vermont Education Association Inc a registered 501(c)(3)?
Yes, Southwestern Vermont Education Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 223096371.
Does Southwestern Vermont Education Association Inc file IRS Form 990?
Yes, Southwestern Vermont Education Association Inc has 2 IRS Form 990 filings on record. The most recent covers tax period 201606.
What was Southwestern Vermont Education Association Inc's revenue in 2016?
In the 201606 filing period, Southwestern Vermont Education Association Inc reported total revenue of $211,453, total expenses of $234,733, and net assets of $74,723.
Is Southwestern Vermont Education Association Inc's revenue growing or declining?
Southwestern Vermont Education Association Inc's revenue is growing. Revenue went from $201,267 (201506) to $211,453 (201606), a +5.1% change.
What is Southwestern Vermont Education Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Southwestern Vermont Education Association Inc covers tax period 201606. It shows revenue of $211,453, expenses of $234,733, total assets of $74,723, and liabilities of N/A.
How much does Southwestern Vermont Education Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Southwestern Vermont Education Association Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Southwestern Vermont Education Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Southwestern Vermont Education Association Inc shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 1 strength noted.
What are the red flags for Southwestern Vermont Education Association Inc?
The following concerns were identified: Total assets decreased from $99,681 in 2015 to $74,723 in 2016, indicating a potential decline in financial stability.. Revenue remained relatively stagnant, increasing only slightly from $201,267 in 2015 to $211,453 in 2016, suggesting limited growth.. Lack of detailed spending breakdown beyond total expenses makes it difficult to assess program efficiency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Southwestern Vermont Education Association Inc's strengths?
Positive indicators for Southwestern Vermont Education Association Inc include: Maintained a positive net income in both reported years, with revenues exceeding expenses.. These findings are derived from AI analysis of the organization's financial filings.
How does Southwestern Vermont Education Association Inc compensate executives?
Executive compensation cannot be assessed as no compensation figures were provided in the available financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant decrease in total assets from 2015 to 2016, despite a slight increase in revenue?
The provided data does not specify the reasons for the asset decline. It could be due to asset depreciation, sale of assets, or increased liabilities not detailed in the provided summary.
Filing History
IRS 990 filing history for Southwestern Vermont Education Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2015–2016), Southwestern Vermont Education Association Inc's revenue has grown by 5.1%, moving from $201K to $211K. Total assets decreased by 25% over the same period, from $100K to $75K. Total functional expenses rose by 26.9%, from $185K to $235K. In its most recent filing year (2016), Southwestern Vermont Education Association Inc reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $211K | $235K | $75K | $0 | — | View 990 |
| 2015 | $201K | $185K | $100K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southwestern Vermont Education Association Inc:
Data Sources and Methodology
This transparency report for Southwestern Vermont Education 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.