Vermont Medical Society Education And Research Foundation

Vermont Medical Society Education And Research Foundation maintains strong assets with zero officer compensation despite fluctuating revenues and a recent deficit.

EIN: 200183445 · Williamstown, VT · NTEE: T30 · Updated: 2026-03-28

$216KRevenue

$475KAssets

85/100Mission Score (Excellent)

T30

About Vermont Medical Society Education And Research Foundation

Vermont Medical Society Education And Research Foundation (EIN: 200183445) is a nonprofit organization based in Williamstown, VT, classified under NTEE code T30. The organization reported total revenue of $216K and total assets of $475K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Medical Society Education And Research Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Vermont Medical Society Education And Research Foundation demonstrates a generally stable financial position with fluctuating but often positive net assets over the past decade. While revenue has varied significantly year-to-year, from a low of $28,450 in 2021 to a high of $515,952 in 2016, the organization has consistently maintained a healthy asset base, reaching $475,212 in the latest period. A notable strength is the consistent reporting of zero officer compensation across all available filings, indicating a volunteer-driven leadership or very low overhead in this area. However, the 2023 period showed expenses ($134,497) exceeding revenue ($80,649), leading to a deficit, which warrants monitoring. The organization's liabilities have generally been low or zero, suggesting good financial management in avoiding debt.

The foundation's spending efficiency appears reasonable, especially given the absence of executive compensation. Without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, it's challenging to precisely assess efficiency ratios. However, the consistent growth in assets, despite revenue fluctuations, suggests effective management of resources. The organization's transparency is strong regarding executive compensation, as it consistently reports $0. Further transparency could be enhanced with more detailed expense breakdowns in public filings to allow for a clearer understanding of how funds are allocated between programs, administration, and fundraising.

Overall, the Vermont Medical Society Education And Research Foundation appears to be a financially sound organization, particularly in its asset management and lack of executive compensation. The recent deficit in 2023 is a point to watch, but it does not overshadow the overall positive financial trajectory and low liability profile. Its consistent filing history also indicates a commitment to regulatory compliance and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Vermont Medical Society Education And Research Foundation with a Mission Score of 85 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Vermont Medical Society Education And Research Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with extremely low overhead in this area, which is highly favorable for a nonprofit of its size (latest revenue $215,861, assets $475,212).

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 Medical Society Education And Research Foundation's IRS 990 filings:

Expenses exceeded revenue in the 2023 fiscal period ($134,497 vs. $80,649), leading to a deficit.
Significant year-to-year revenue fluctuations (e.g., $515,952 in 2016 vs. $28,450 in 2021) could indicate reliance on inconsistent funding sources.

Strengths

The following positive indicators were identified for Vermont Medical Society Education And Research Foundation:

Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
Strong asset growth over the past decade, from $157,866 in 2016 to $475,212 in the latest period.
Generally low or zero liabilities, demonstrating sound financial management and avoidance of debt.
Consistent IRS 990 filing history (12 filings), indicating good compliance and transparency.

Frequently Asked Questions about Vermont Medical Society Education And Research Foundation

Is the Vermont Medical Society Education And Research Foundation financially stable?

Yes, despite fluctuating revenues, the organization has consistently grown its assets, reaching $475,212 in the latest period, and generally maintains low or zero liabilities, indicating good financial stability.

How does the organization manage executive compensation?

The organization reports 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or a highly efficient operational model with no paid executives.

What caused the deficit in the 2023 fiscal period?

In 2023, expenses ($134,497) exceeded revenue ($80,649), resulting in a deficit. The specific reasons for this increase in expenses relative to revenue are not detailed in the provided summary data but warrant further investigation.

How has the organization's asset base changed over time?

The organization's assets have shown significant growth, increasing from $157,866 in 2016 to $475,212 in the latest period, demonstrating effective asset management.

Filing History

IRS 990 filing history for Vermont Medical Society Education And Research Foundation showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Vermont Medical Society Education And Research Foundation's revenue has declined by 39%, moving from $132K to $81K. Total assets increased by 286.5% over the same period, from $111K to $429K. Total functional expenses rose by 14.7%, from $117K to $134K. In its most recent filing year (2023), Vermont Medical Society Education And Research Foundation reported a deficit of $54K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$81K	$134K	$429K	$0	—	View 990
2022	$201K	$114K	$476K	$0	—	View 990
2021	$28K	$39K	$432K	$0	—	View 990
2020	$75K	$126K	$410K	$10K	—	View 990
2019	$386K	$142K	$444K	$0	—	View 990
2018	$80K	$77K	$214K	$48K	—	View 990
2017	$44K	$42K	$219K	$45K	—	View 990
2016	$516K	$505K	$158K	$0	—	View 990
2015	$310K	$310K	$153K	$19K	—	View 990
2014	$137K	$137K	$155K	$8K	—	View 990
2013	$140K	$129K	$208K	$67K	—	View 990
2012	$132K	$117K	$111K	$21	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $81K, expenses of $134K, and assets of $429K (revenue -59.8% year-over-year).
2022: Revenue of $201K, expenses of $114K, and assets of $476K (revenue +605.2% year-over-year).
2021: Revenue of $28K, expenses of $39K, and assets of $432K (revenue -61.9% year-over-year).
2020: Revenue of $75K, expenses of $126K, and assets of $410K (revenue -80.6% year-over-year).
2019: Revenue of $386K, expenses of $142K, and assets of $444K (revenue +385.1% year-over-year).
2018: Revenue of $80K, expenses of $77K, and assets of $214K (revenue +80.6% year-over-year).
2017: Revenue of $44K, expenses of $42K, and assets of $219K (revenue -91.5% year-over-year).
2016: Revenue of $516K, expenses of $505K, and assets of $158K (revenue +66.6% year-over-year).
2015: Revenue of $310K, expenses of $310K, and assets of $153K (revenue +125.3% year-over-year).
2014: Revenue of $137K, expenses of $137K, and assets of $155K (revenue -1.8% year-over-year).
2013: Revenue of $140K, expenses of $129K, and assets of $208K (revenue +5.9% year-over-year).
2012: Revenue of $132K, expenses of $117K, and assets of $111K.

Data Sources and Methodology

This transparency report for Vermont Medical Society Education And Research Foundation 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.