Vermont Employee Ownership Center Inc
Vermont Employee Ownership Center shows consistent growth and zero officer compensation over a decade.
EIN: 10694256 · Burlington, VT · NTEE: B99 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $233K |
| Total Expenses | $253K |
| Program Spending | 90% |
| Net Assets | $299K |
| Transparency Score | 95/100 |
Is Vermont Employee Ownership Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vermont Employee Ownership Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vermont Employee Ownership Center Inc
Vermont Employee Ownership Center Inc (EIN: 10694256) is a nonprofit organization based in Burlington, VT, classified under NTEE code B99. The organization reported total revenue of $233K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Employee Ownership Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vermont Employee Ownership Center Inc is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $274K |
| Total Expenses | $253K |
| Surplus / Deficit | +$21K |
| Total Assets | $398K |
| Total Liabilities | $99K |
| Net Assets | $299K |
| Operating Margin | 7.6% |
| Debt-to-Asset Ratio | 24.9% |
| Months of Reserves | 18.8 months |
Financial Health Grade: A
In 2023, Vermont Employee Ownership Center Inc reported a surplus of $21K with revenue exceeding expenses, holds 18.8 months of operating reserves (strong position), has a debt-to-asset ratio of 24.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vermont Employee Ownership Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.6% | +16.4% | +41.2% |
| 2022 | +27.4% | +33.7% | -3.9% |
| 2021 | -11.1% | +0.4% | -0.8% |
| 2020 | +10.4% | -1.8% | +8.6% |
| 2019 | +16.9% | +23.3% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
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 Vermont Employee Ownership Center Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Vermont Employee Ownership Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.9%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size and suggests a volunteer-driven leadership or compensation through other means not reported on the 990.
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 Vermont Employee Ownership Center Inc's IRS 990 filings:
- Significant increase in liabilities in 2023 ($98,967 from $3,832 in 2022) warrants further investigation to understand its nature.
Strengths
The following positive indicators were identified for Vermont Employee Ownership Center Inc:
- Consistent revenue growth over a decade, from $80,829 in 2014 to $274,470 in 2023.
- Strong asset growth, increasing from $166,840 in 2014 to $397,725 in 2023.
- Remarkable 0% officer compensation reported across all filings, indicating high dedication to mission.
- Generally low liabilities relative to assets, demonstrating financial stability (except for the 2023 increase).
- Positive net income in most years, contributing to asset accumulation.
Frequently Asked Questions about Vermont Employee Ownership Center Inc
Is Vermont Employee Ownership Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Employee Ownership Center Inc (EIN: 10694256) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Vermont Employee Ownership Center Inc spend its money?
Vermont Employee Ownership Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vermont Employee Ownership Center Inc tax-deductible?
Vermont Employee Ownership Center Inc is registered as a tax-exempt nonprofit (EIN: 10694256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vermont Employee Ownership Center Inc's spending goes to programs?
Vermont Employee Ownership Center Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vermont Employee Ownership Center Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Vermont Employee Ownership Center 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 Vermont Employee Ownership Center Inc located?
Vermont Employee Ownership Center Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 10694256. It is classified under NTEE code B99.
How many years of IRS 990 filings does Vermont Employee Ownership Center Inc have?
Vermont Employee Ownership Center 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 $233K in total revenue.
Is Vermont Employee Ownership Center Inc a good charity?
Based on the provided financial data, the Vermont Employee Ownership Center Inc appears to be a very good charity. It demonstrates consistent financial growth, strong asset accumulation, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, suggesting a high proportion of funds are directed to programs.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $80,829 in 2014 to $274,470 in 2023, and assets have increased from $166,840 to $397,725 in the same period, indicating robust and sustained growth.
What is the trend in the organization's liabilities?
Liabilities have remained relatively low and stable over the years, with a notable increase to $98,967 in 2023, up from $3,832 in 2022. While this is a significant jump, it should be viewed in context of the overall asset growth to $397,725, suggesting it may be related to specific projects or operational needs rather than systemic financial distress.
Does the organization spend efficiently?
Yes, the organization appears to spend very efficiently. The consistent reporting of 0% officer compensation strongly suggests that a very high percentage of its expenses are directed towards program delivery and essential operational costs, rather than high executive salaries.
Filing History
IRS 990 filing history for Vermont Employee Ownership Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vermont Employee Ownership Center Inc's revenue has grown by 179.8%, moving from $98K to $274K. Total assets increased by 111.7% over the same period, from $188K to $398K. Total functional expenses rose by 156.1%, from $99K to $253K. In its most recent filing year (2023), Vermont Employee Ownership Center Inc reported a surplus of $21K, with revenue exceeding expenses. The organization holds $99K in liabilities against $398K in assets (debt-to-asset ratio: 24.9%), resulting in net assets of $299K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $274K | $253K | $398K | $99K | — | View 990 |
| 2022 | $207K | $218K | $282K | $4K | — | View 990 |
| 2021 | $163K | $163K | $293K | $4K | — | View 990 |
| 2020 | $183K | $162K | $295K | $6K | — | View 990 |
| 2019 | $165K | $165K | $272K | $3K | — | View 990 |
| 2018 | $142K | $134K | $271K | $3K | — | View 990 |
| 2017 | $140K | $125K | $265K | $4K | — | View 990 |
| 2016 | $150K | $101K | $248K | $3K | — | View 990 |
| 2015 | $122K | $90K | $198K | $2K | — | View 990 |
| 2014 | $81K | $65K | $167K | $2K | — | View 990 |
| 2013 | $86K | $102K | $151K | $1K | — | View 990 |
| 2012 | $78K | $100K | $166K | $995 | — | View 990 |
| 2011 | $98K | $99K | $188K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $274K, expenses of $253K, and assets of $398K (revenue +32.6% year-over-year).
- 2022: Revenue of $207K, expenses of $218K, and assets of $282K (revenue +27.4% year-over-year).
- 2021: Revenue of $163K, expenses of $163K, and assets of $293K (revenue -11.1% year-over-year).
- 2020: Revenue of $183K, expenses of $162K, and assets of $295K (revenue +10.4% year-over-year).
- 2019: Revenue of $165K, expenses of $165K, and assets of $272K (revenue +16.9% year-over-year).
- 2018: Revenue of $142K, expenses of $134K, and assets of $271K (revenue +0.9% year-over-year).
- 2017: Revenue of $140K, expenses of $125K, and assets of $265K (revenue -6.7% year-over-year).
- 2016: Revenue of $150K, expenses of $101K, and assets of $248K (revenue +23.6% year-over-year).
- 2015: Revenue of $122K, expenses of $90K, and assets of $198K (revenue +50.5% year-over-year).
- 2014: Revenue of $81K, expenses of $65K, and assets of $167K (revenue -5.9% year-over-year).
- 2013: Revenue of $86K, expenses of $102K, and assets of $151K (revenue +10.7% year-over-year).
- 2012: Revenue of $78K, expenses of $100K, and assets of $166K (revenue -20.9% year-over-year).
- 2011: Revenue of $98K, expenses of $99K, and assets of $188K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vermont Employee Ownership Center Inc:
Data Sources and Methodology
This transparency report for Vermont Employee Ownership Center 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.