Vermont Nurses In Partnership Inc
Vermont Nurses In Partnership Inc reports $0 revenue and $1 in assets, indicating severe financial distress or cessation of operations.
EIN: 208940523 · Perkinsville, VT · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $4K |
| Program Spending | 70% |
| Net Assets | $13K |
| Transparency Score | 20/100 |
Is Vermont Nurses In Partnership Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vermont Nurses In Partnership Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Vermont Nurses In Partnership Inc
Vermont Nurses In Partnership Inc (EIN: 208940523) is a nonprofit organization based in Perkinsville, VT, classified under NTEE code B90. The organization reported total revenue of $0 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Nurses In Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vermont Nurses In Partnership Inc is a micro nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -42.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $595 |
| Total Expenses | $4K |
| Surplus / Deficit | $-2,999 |
| Total Assets | $15K |
| Total Liabilities | $2K |
| Net Assets | $13K |
| Operating Margin | -504.0% |
| Debt-to-Asset Ratio | 14.0% |
| Months of Reserves | 51.7 months |
Financial Health Grade: B
In 2021, Vermont Nurses In Partnership Inc reported a deficit of $3K with expenses exceeding revenue, holds 51.7 months of operating reserves (strong position), has a debt-to-asset ratio of 14.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2021), Vermont Nurses In Partnership Inc's revenue has declined at a compound annual growth rate (CAGR) of -42.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -97.6% | -89.5% | -6.0% |
| 2021 | -73.9% | -70.7% | -36.1% |
| 2020 | +5.7% | -1.7% | -47.0% |
| 2019 | -38.5% | -16.7% | -36.2% |
| 2018 | +31.5% | +20.1% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Nurses In Partnership Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Vermont Nurses In Partnership Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is unpaid, which is common for very small or volunteer-run nonprofits.
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 Nurses In Partnership Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $1 in assets, indicating potential cessation of operations.
- Consistent multi-year deficits where expenses significantly exceed revenue (e.g., 202112: Revenue=$595, Expenses=$3,594).
- Significant decline in assets over time, from $80,212 in 201609 to $1 in the latest period.
Strengths
The following positive indicators were identified for Vermont Nurses In Partnership Inc:
- Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
- No reported officer compensation, indicating a volunteer-driven leadership structure and minimal overhead in this area.
Frequently Asked Questions about Vermont Nurses In Partnership Inc
Is Vermont Nurses In Partnership Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Nurses In Partnership Inc (EIN: 208940523) significant concerns. Mission Score: 20/100. 3 red flags identified, 2 strengths noted.
How does Vermont Nurses In Partnership Inc spend its money?
Vermont Nurses In Partnership Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vermont Nurses In Partnership Inc tax-deductible?
Vermont Nurses In Partnership Inc is registered as a tax-exempt nonprofit (EIN: 208940523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vermont Nurses In Partnership Inc's spending goes to programs?
Vermont Nurses In Partnership Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Vermont Nurses In Partnership Inc compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Vermont Nurses In Partnership Inc is below average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vermont Nurses In Partnership Inc located?
Vermont Nurses In Partnership Inc is headquartered in Perkinsville, Vermont and files with the IRS under EIN 208940523. It is classified under NTEE code B90.
How many years of IRS 990 filings does Vermont Nurses In Partnership Inc have?
Vermont Nurses In Partnership Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Vermont Nurses In Partnership Inc still operational?
The latest filing showing $0 revenue and $1 in assets strongly suggests the organization is no longer actively operational or is in the process of dissolution.
What caused the significant decline in revenue and assets?
The provided data does not specify the exact causes, but there has been a consistent trend of expenses exceeding revenue since at least 201709, leading to a depletion of assets from $80,212 in 201609 to $1 in the latest period.
How did the organization manage to operate with consistent deficits?
The organization likely drew down its assets over time to cover deficits, as seen by the decrease in assets from $80,212 in 201609 to $15,470 in 202112, before reaching $1 in the latest period.
Filing History
IRS 990 filing history for Vermont Nurses In Partnership Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2021), Vermont Nurses In Partnership Inc's revenue has declined by 99.6%, moving from $154K to $595. Total assets decreased by 74.1% over the same period, from $60K to $15K. Total functional expenses fell by 97.5%, from $145K to $4K. In its most recent filing year (2021), Vermont Nurses In Partnership Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $2K in liabilities against $15K in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $595 | $4K | $15K | $2K | — | — |
| 2021 | $25K | $34K | $16K | $166 | — | — |
| 2020 | $95K | $117K | $26K | $101 | — | View 990 |
| 2019 | $90K | $119K | $49K | $1K | — | View 990 |
| 2018 | $146K | $143K | $76K | $0 | — | View 990 |
| 2017 | $111K | $119K | $73K | $0 | — | — |
| 2016 | $186K | $132K | $80K | $0 | — | View 990 |
| 2015 | $75K | $110K | $27K | $349 | — | View 990 |
| 2014 | $82K | $86K | $68K | $5K | — | View 990 |
| 2013 | $111K | $133K | $68K | $0 | — | View 990 |
| 2012 | $172K | $142K | $90K | $0 | — | View 990 |
| 2011 | $154K | $145K | $60K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $595, expenses of $4K, and assets of $15K (revenue -97.6% year-over-year).
- 2021: Revenue of $25K, expenses of $34K, and assets of $16K (revenue -73.9% year-over-year).
- 2020: Revenue of $95K, expenses of $117K, and assets of $26K (revenue +5.7% year-over-year).
- 2019: Revenue of $90K, expenses of $119K, and assets of $49K (revenue -38.5% year-over-year).
- 2018: Revenue of $146K, expenses of $143K, and assets of $76K (revenue +31.5% year-over-year).
- 2017: Revenue of $111K, expenses of $119K, and assets of $73K (revenue -40.1% year-over-year).
- 2016: Revenue of $186K, expenses of $132K, and assets of $80K (revenue +146.4% year-over-year).
- 2015: Revenue of $75K, expenses of $110K, and assets of $27K (revenue -7.9% year-over-year).
- 2014: Revenue of $82K, expenses of $86K, and assets of $68K (revenue -26.4% year-over-year).
- 2013: Revenue of $111K, expenses of $133K, and assets of $68K (revenue -35.6% year-over-year).
- 2012: Revenue of $172K, expenses of $142K, and assets of $90K (revenue +12.0% year-over-year).
- 2011: Revenue of $154K, expenses of $145K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vermont Nurses In Partnership Inc:
Data Sources and Methodology
This transparency report for Vermont Nurses In Partnership 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.