Vermont Business Education Corporation
EIN: 30369628 · Randolph Ctr, VT · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $38K |
| Net Assets | $36K |
Is Vermont Business Education Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vermont Business Education Corporation
Vermont Business Education Corporation (EIN: 30369628) is a nonprofit organization based in Randolph Ctr, VT, classified under NTEE code B82. The organization reported total revenue of $25K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Business Education Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vermont Business Education Corporation is a micro nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $38K |
| Surplus / Deficit | $-12,204 |
| Total Assets | $36K |
| Net Assets | $36K |
| Operating Margin | -47.9% |
| Months of Reserves | 11.5 months |
Financial Health Grade: B
In 2023, Vermont Business Education Corporation reported a deficit of $12K with expenses exceeding revenue, holds 11.5 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.9% | +171.1% | -23.1% |
| 2022 | +70.9% | -70.1% | +3.3% |
| 2020 | -71.5% | +46.2% | -8.7% |
| 2019 | +16.4% | +11.8% | +27.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vermont Business Education Corporation 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 Vermont Business Education Corporation 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 deficit of $12K, with expenses exceeding revenue.
Frequently Asked Questions about Vermont Business Education Corporation
Is Vermont Business Education Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Business Education Corporation (EIN: 30369628) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vermont Business Education Corporation spend its money?
Detailed spending breakdown data is not yet available for Vermont Business Education Corporation. Check back for updated IRS 990 analysis.
Are donations to Vermont Business Education Corporation tax-deductible?
Vermont Business Education Corporation is registered as a tax-exempt nonprofit (EIN: 30369628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vermont Business Education Corporation located?
Vermont Business Education Corporation is headquartered in Randolph Ctr, Vermont and files with the IRS under EIN 30369628. It is classified under NTEE code B82.
How many years of IRS 990 filings does Vermont Business Education Corporation have?
Vermont Business Education Corporation 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 $25K in total revenue.
Filing History
IRS 990 filing history for Vermont Business Education Corporation showing financial trends over 13 years of public records:
Total assets decreased by 34.3% over the same period, from $55K to $36K. In its most recent filing year (2023), Vermont Business Education Corporation reported a deficit of $12K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $38K | $36K | $0 | — | View 990 |
| 2022 | $21K | $14K | $47K | $0 | — | — |
| 2020 | $12K | $46K | $46K | $0 | — | View 990 |
| 2019 | $43K | $32K | $50K | $0 | — | View 990 |
| 2018 | $37K | $28K | $39K | $0 | — | View 990 |
| 2017 | $0 | $4K | $31K | $0 | — | View 990 |
| 2016 | $0 | $1K | $35K | $0 | — | View 990 |
| 2015 | $0 | $3K | $37K | $0 | — | View 990 |
| 2014 | $0 | $1K | $43K | $0 | — | View 990 |
| 2013 | $0 | $0 | $46K | $0 | — | View 990 |
| 2012 | $0 | $0 | $47K | $0 | — | — |
| 2011 | $0 | $0 | $49K | $0 | — | View 990 |
| 2010 | $0 | $0 | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $38K, and assets of $36K (revenue +22.9% year-over-year).
- 2022: Revenue of $21K, expenses of $14K, and assets of $47K (revenue +70.9% year-over-year).
- 2020: Revenue of $12K, expenses of $46K, and assets of $46K (revenue -71.5% year-over-year).
- 2019: Revenue of $43K, expenses of $32K, and assets of $50K (revenue +16.4% year-over-year).
- 2018: Revenue of $37K, expenses of $28K, and assets of $39K.
- 2017: Revenue of $0, expenses of $4K, and assets of $31K.
- 2016: Revenue of $0, expenses of $1K, and assets of $35K.
- 2015: Revenue of $0, expenses of $3K, and assets of $37K.
- 2014: Revenue of $0, expenses of $1K, and assets of $43K.
- 2013: Revenue of $0, expenses of $0, and assets of $46K.
- 2012: Revenue of $0, expenses of $0, and assets of $47K.
- 2011: Revenue of $0, expenses of $0, and assets of $49K.
- 2010: Revenue of $0, expenses of $0, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vermont Business Education Corporation:
Data Sources and Methodology
This transparency report for Vermont Business Education Corporation 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.