The Vermont Insurance Agents Association Inc
EIN: 30213935 · Williston, VT
| Metric | Value |
|---|---|
| Total Revenue | $386K |
| Total Expenses | $292K |
| Net Assets | $622K |
Is The Vermont Insurance Agents Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Vermont Insurance Agents Association Inc
The Vermont Insurance Agents Association Inc (EIN: 30213935) is a nonprofit organization based in Williston, VT. The organization reported total revenue of $386K and total assets of $647K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Vermont Insurance Agents Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Vermont Insurance Agents Association Inc is a small nonprofit that has been operating for 74 years, with 15 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $311K |
| Total Expenses | $292K |
| Surplus / Deficit | +$19K |
| Total Assets | $639K |
| Total Liabilities | $17K |
| Net Assets | $622K |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 26.3 months |
Financial Health Grade: A
In 2023, The Vermont Insurance Agents Association Inc reported a surplus of $19K with revenue exceeding expenses, holds 26.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 15 years of filings (2010–2023), The Vermont Insurance Agents Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.7% | -16.7% | +4.3% |
| 2021 | -100.0% | -99.8% | -3.9% |
| 2020 | -20.4% | -35.3% | +25.6% |
| 2019 | -16.9% | -15.4% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1952 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Vermont Insurance Agents Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Vermont Insurance Agents Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about The Vermont Insurance Agents Association Inc
Is The Vermont Insurance Agents Association Inc a legitimate charity?
The Vermont Insurance Agents Association Inc (EIN: 30213935) is a registered tax-exempt nonprofit based in Vermont. It has 15 years of IRS 990 filings on record. Total revenue: $386K. No red flags identified. Financial health grade: A.
How does The Vermont Insurance Agents Association Inc spend its money?
The Vermont Insurance Agents Association Inc reported $386K in total revenue in IRS 990 filings. 15 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Vermont Insurance Agents Association Inc tax-deductible?
The Vermont Insurance Agents Association Inc is registered as a tax-exempt nonprofit (EIN: 30213935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Vermont Insurance Agents Association Inc located?
The Vermont Insurance Agents Association Inc is headquartered in Williston, Vermont and files with the IRS under EIN 30213935.
How many years of IRS 990 filings does The Vermont Insurance Agents Association Inc have?
The Vermont Insurance Agents Association Inc has 15 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 $386K in total revenue.
Filing History
IRS 990 filing history for The Vermont Insurance Agents Association Inc showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2010–2023), The Vermont Insurance Agents Association Inc's revenue has declined by 21.1%, moving from $394K to $311K. Total assets decreased by 3.1% over the same period, from $660K to $639K. Total functional expenses fell by 36.2%, from $457K to $292K. In its most recent filing year (2023), The Vermont Insurance Agents Association Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $17K in liabilities against $639K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $622K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $311K | $292K | $639K | $17K | — | — |
| 2022 | $352K | $350K | $613K | $9K | — | View 990 |
| 2021 | $0 | $662 | $549K | $960 | — | View 990 |
| 2020 | $398K | $296K | $571K | $22K | — | — |
| 2019 | $500K | $457K | $454K | $8K | — | View 990 |
| 2018 | $602K | $540K | $454K | $51K | — | View 990 |
| 2017 | $524K | $556K | $400K | $57K | — | View 990 |
| 2016 | $622K | $597K | $415K | $41K | — | View 990 |
| 2015 | $391K | $472K | $477K | $127K | — | View 990 |
| 2014 | $531K | $552K | $431K | $0 | — | View 990 |
| 2013 | $429K | $474K | $486K | $33K | — | View 990 |
| 2012 | $281K | $300K | $522K | $24K | — | View 990 |
| 2012 | $427K | $489K | $577K | $71K | — | View 990 |
| 2011 | $455K | $486K | $633K | $65K | — | View 990 |
| 2010 | $394K | $457K | $660K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $311K, expenses of $292K, and assets of $639K (revenue -11.7% year-over-year).
- 2022: Revenue of $352K, expenses of $350K, and assets of $613K.
- 2021: Revenue of $0, expenses of $662, and assets of $549K (revenue -100.0% year-over-year).
- 2020: Revenue of $398K, expenses of $296K, and assets of $571K (revenue -20.4% year-over-year).
- 2019: Revenue of $500K, expenses of $457K, and assets of $454K (revenue -16.9% year-over-year).
- 2018: Revenue of $602K, expenses of $540K, and assets of $454K (revenue +14.8% year-over-year).
- 2017: Revenue of $524K, expenses of $556K, and assets of $400K (revenue -15.7% year-over-year).
- 2016: Revenue of $622K, expenses of $597K, and assets of $415K (revenue +59.2% year-over-year).
- 2015: Revenue of $391K, expenses of $472K, and assets of $477K (revenue -26.5% year-over-year).
- 2014: Revenue of $531K, expenses of $552K, and assets of $431K (revenue +24.0% year-over-year).
- 2013: Revenue of $429K, expenses of $474K, and assets of $486K (revenue +52.3% year-over-year).
- 2012: Revenue of $281K, expenses of $300K, and assets of $522K (revenue -34.1% year-over-year).
- 2012: Revenue of $427K, expenses of $489K, and assets of $577K (revenue -6.3% year-over-year).
- 2011: Revenue of $455K, expenses of $486K, and assets of $633K (revenue +15.7% year-over-year).
- 2010: Revenue of $394K, expenses of $457K, and assets of $660K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Vermont Insurance Agents Association Inc:
Data Sources and Methodology
This transparency report for The Vermont Insurance Agents 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.