Vermont Independent Media Inc
Vermont Independent Media Inc. shows consistent revenue and growing assets with no reported officer compensation.
EIN: 202140604 · Brattleboro, VT · NTEE: A33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $535K |
| Total Expenses | $471K |
| Program Spending | 85% |
| Net Assets | $133K |
| Transparency Score | 90/100 |
Is Vermont Independent Media Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vermont Independent Media Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vermont Independent Media Inc
Vermont Independent Media Inc (EIN: 202140604) is a nonprofit organization based in Brattleboro, VT, classified under NTEE code A33. The organization reported total revenue of $535K and total assets of $247K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Independent Media Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vermont Independent Media Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $528K |
| Total Expenses | $471K |
| Surplus / Deficit | +$57K |
| Total Assets | $211K |
| Total Liabilities | $79K |
| Net Assets | $133K |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 37.3% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Vermont Independent Media Inc reported a surplus of $57K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 37.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vermont Independent Media Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.9% | +17.8% | +53.7% |
| 2022 | +9.9% | +8.6% | +39.5% |
| 2021 | -18.0% | -5.3% | +29.8% |
| 2020 | +14.4% | -9.1% | +1386.9% |
| 2019 | -5.9% | -11.3% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Independent Media Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Vermont Independent Media Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of this revenue size and suggests a volunteer-driven leadership model.
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.
Strengths
The following positive indicators were identified for Vermont Independent Media Inc:
- Consistent revenue generation, averaging around $450k-$500k annually in recent years.
- Significant growth in net assets from $0 in 2018 to $211,334 in 2023, indicating improved financial health.
- 0% officer compensation reported across all filings, demonstrating a strong commitment to mission-focused spending.
- Expenses consistently below revenue in recent periods (e.g., 2023: Revenue $527,802, Expenses $470,881), allowing for asset accumulation.
- Clear NTEE code (A33) indicating a focus on media and publishing, aligning with its name.
Frequently Asked Questions about Vermont Independent Media Inc
Is Vermont Independent Media Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Independent Media Inc (EIN: 202140604) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Vermont Independent Media Inc spend its money?
Vermont Independent Media Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vermont Independent Media Inc tax-deductible?
Vermont Independent Media Inc is registered as a tax-exempt nonprofit (EIN: 202140604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vermont Independent Media Inc's spending goes to programs?
Vermont Independent Media Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vermont Independent Media Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Vermont Independent Media Inc is above average for NTEE category A33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vermont Independent Media Inc located?
Vermont Independent Media Inc is headquartered in Brattleboro, Vermont and files with the IRS under EIN 202140604. It is classified under NTEE code A33.
How many years of IRS 990 filings does Vermont Independent Media Inc have?
Vermont Independent Media 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 $535K in total revenue.
Is Vermont Independent Media Inc. financially stable?
Yes, the organization has shown increasing assets from $0 in 2018 to $211,334 in 2023, and revenues have consistently exceeded expenses in recent years, indicating improved financial stability.
How does Vermont Independent Media Inc. manage executive compensation?
The organization reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers, which is a strong indicator of volunteer leadership and efficient use of funds.
What is the trend in the organization's assets?
Vermont Independent Media Inc. has shown a significant positive trend in assets, growing from $0 in 2018 to $211,334 in 2023, demonstrating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Vermont Independent Media Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vermont Independent Media Inc's revenue has grown by 67%, moving from $316K to $528K. Total assets increased by 2688.4% over the same period, from $8K to $211K. Total functional expenses rose by 52.1%, from $310K to $471K. In its most recent filing year (2023), Vermont Independent Media Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $79K in liabilities against $211K in assets (debt-to-asset ratio: 37.3%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $528K | $471K | $211K | $79K | — | — |
| 2022 | $444K | $400K | $138K | $49K | — | View 990 |
| 2021 | $404K | $368K | $99K | $55K | — | View 990 |
| 2020 | $493K | $389K | $76K | $68K | — | — |
| 2019 | $431K | $428K | $5K | $101K | — | View 990 |
| 2018 | $458K | $482K | $0 | $100K | — | View 990 |
| 2017 | $478K | $497K | $14K | $85K | — | View 990 |
| 2016 | $501K | $534K | $59K | $103K | — | View 990 |
| 2015 | $455K | $452K | $51K | $63K | — | View 990 |
| 2014 | $391K | $391K | $33K | $47K | — | View 990 |
| 2013 | $373K | $389K | $25K | $39K | — | View 990 |
| 2012 | $368K | $350K | $23K | $22K | — | View 990 |
| 2011 | $316K | $310K | $8K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $528K, expenses of $471K, and assets of $211K (revenue +18.9% year-over-year).
- 2022: Revenue of $444K, expenses of $400K, and assets of $138K (revenue +9.9% year-over-year).
- 2021: Revenue of $404K, expenses of $368K, and assets of $99K (revenue -18.0% year-over-year).
- 2020: Revenue of $493K, expenses of $389K, and assets of $76K (revenue +14.4% year-over-year).
- 2019: Revenue of $431K, expenses of $428K, and assets of $5K (revenue -5.9% year-over-year).
- 2018: Revenue of $458K, expenses of $482K, and assets of $0 (revenue -4.2% year-over-year).
- 2017: Revenue of $478K, expenses of $497K, and assets of $14K (revenue -4.8% year-over-year).
- 2016: Revenue of $501K, expenses of $534K, and assets of $59K (revenue +10.3% year-over-year).
- 2015: Revenue of $455K, expenses of $452K, and assets of $51K (revenue +16.4% year-over-year).
- 2014: Revenue of $391K, expenses of $391K, and assets of $33K (revenue +4.6% year-over-year).
- 2013: Revenue of $373K, expenses of $389K, and assets of $25K (revenue +1.5% year-over-year).
- 2012: Revenue of $368K, expenses of $350K, and assets of $23K (revenue +16.4% year-over-year).
- 2011: Revenue of $316K, expenses of $310K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vermont Independent Media Inc:
Data Sources and Methodology
This transparency report for Vermont Independent Media 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.