Vermont Program For Quality In Health Care Inc
Vermont Program For Quality In Health Care Inc: Steady Revenue, Strong Program Focus
EIN: 222982253 · Montpelier, VT · NTEE: E99Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $616K |
| Transparency Score | 85/100 |
Is Vermont Program For Quality In Health Care Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vermont Program For Quality In Health Care Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vermont Program For Quality In Health Care Inc
Vermont Program For Quality In Health Care Inc (EIN: 222982253) is a nonprofit organization based in Montpelier, VT, classified under NTEE code E99Z. The organization reported total revenue of $3.2M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Program For Quality In Health Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vermont Program For Quality In Health Care Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$57K |
| Total Assets | $1.1M |
| Total Liabilities | $507K |
| Net Assets | $616K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 45.2% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, Vermont Program For Quality In Health Care Inc reported a surplus of $57K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 45.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vermont Program For Quality In Health Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.0% | +61.4% | +24.1% |
| 2022 | -41.2% | -32.4% | +5.4% |
| 2021 | +52.9% | +33.1% | +9.3% |
| 2020 | -2.7% | -1.0% | +4.7% |
| 2019 | +4.5% | +7.8% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Program For Quality In Health Care Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Vermont Program For Quality In Health Care 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: 45.2%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting either a volunteer-led executive team or compensation is reported under different categories.
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 Program For Quality In Health Care Inc's IRS 990 filings:
- Consistent reporting of $0 executive compensation may obscure actual leadership costs or indicate a fully volunteer-run executive team, which could pose sustainability questions for a growing organization.
Strengths
The following positive indicators were identified for Vermont Program For Quality In Health Care Inc:
- Strong program spending, consistently above 80% of total expenses.
- Consistent revenue generation and asset growth over the past several years, indicating financial stability.
- Low administrative and fundraising costs, maximizing resources for direct program impact.
Frequently Asked Questions about Vermont Program For Quality In Health Care Inc
Is Vermont Program For Quality In Health Care Inc a legitimate charity?
Vermont Program For Quality In Health Care Inc (EIN: 222982253) is a registered tax-exempt nonprofit based in Vermont. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Vermont Program For Quality In Health Care Inc spend its money?
Vermont Program For Quality In Health Care Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Vermont Program For Quality In Health Care Inc tax-deductible?
Vermont Program For Quality In Health Care Inc is registered as a tax-exempt nonprofit (EIN: 222982253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Vermont Program For Quality In Health Care Inc CEO make?
Vermont Program For Quality In Health Care Inc's highest-compensated officer earns $0 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Vermont Program For Quality In Health Care Inc's spending goes to programs?
Vermont Program For Quality In Health Care Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vermont Program For Quality In Health Care Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vermont Program For Quality In Health Care Inc is above average for NTEE category E99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vermont Program For Quality In Health Care Inc located?
Vermont Program For Quality In Health Care Inc is headquartered in Montpelier, Vermont and files with the IRS under EIN 222982253. It is classified under NTEE code E99Z.
How many years of IRS 990 filings does Vermont Program For Quality In Health Care Inc have?
Vermont Program For Quality In Health Care 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 $3.2M in total revenue.
What does Vermont Program For Quality In Health Care Inc do?
Vermont Program For Quality In Health Care Inc is a nonprofit organization in the Health Care sector, located in Montpelier, Vermont. It is classified under NTEE code E99Z.
How much revenue does Vermont Program For Quality In Health Care Inc have?
Vermont Program For Quality In Health Care Inc reported total revenue of $3,191,989. Based on 13 IRS 990 filings on record.
What are Vermont Program For Quality In Health Care Inc's total assets?
Vermont Program For Quality In Health Care Inc holds total assets of $1,174,308 as reported in IRS 990 filings.
Where is Vermont Program For Quality In Health Care Inc located?
Vermont Program For Quality In Health Care Inc is based in Montpelier, Vermont.
What is Vermont Program For Quality In Health Care Inc's EIN?
Vermont Program For Quality In Health Care Inc's Employer Identification Number (EIN) is 222982253. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Vermont Program For Quality In Health Care Inc?
Vermont Program For Quality In Health Care Inc is classified under NTEE code E99Z (Health Care).
Is Vermont Program For Quality In Health Care Inc a registered 501(c)(3)?
Yes, Vermont Program For Quality In Health Care Inc is recognized as a tax-exempt organization by the IRS. EIN: 222982253.
Does Vermont Program For Quality In Health Care Inc file IRS Form 990?
Yes, Vermont Program For Quality In Health Care Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Vermont Program For Quality In Health Care Inc's revenue in 2023?
In the 202306 filing period, Vermont Program For Quality In Health Care Inc reported total revenue of $2,096,024, total expenses of $2,039,155, and net assets of $1,123,339.
Is Vermont Program For Quality In Health Care Inc's revenue growing or declining?
Vermont Program For Quality In Health Care Inc's revenue is growing. Revenue went from $1,211,674 (202206) to $2,096,024 (202306), a +73.0% change. Based on 13 filings on record.
What is Vermont Program For Quality In Health Care Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Vermont Program For Quality In Health Care Inc covers tax period 202306. It shows revenue of $2,096,024, expenses of $2,039,155, total assets of $1,123,339, and liabilities of $507,277.
How much does Vermont Program For Quality In Health Care Inc spend on programs vs administration?
Based on IRS 990 analysis, Vermont Program For Quality In Health Care Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Vermont Program For Quality In Health Care Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Vermont Program For Quality In Health Care Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for Vermont Program For Quality In Health Care Inc?
The following concerns were identified: Consistent reporting of $0 executive compensation may obscure actual leadership costs or indicate a fully volunteer-run executive team, which could pose sustainability questions for a growing organization.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Vermont Program For Quality In Health Care Inc's strengths?
Positive indicators for Vermont Program For Quality In Health Care Inc include: Strong program spending, consistently above 80% of total expenses.. Consistent revenue generation and asset growth over the past several years, indicating financial stability.. Low administrative and fundraising costs, maximizing resources for direct program impact.. These findings are derived from AI analysis of the organization's financial filings.
How does Vermont Program For Quality In Health Care Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting either a volunteer-led executive team or compensation is reported under different categories. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Vermont Program For Quality In Health Care Inc?
• The organization consistently reports 0% compensation for its highest-paid employees, which may indicate a reliance on volunteers or a different compensation structure not fully detailed. • Financial filings show consistent revenue and expense reporting over several years, indicating stable operations. • The organization's assets have shown growth, from $717,117 in 2016 to $1,123,339 in 2023. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the reported $0 executive compensation, how does the organization attract and retain high-level leadership and ensure effective governance?
The consistent reporting of $0 for executive compensation suggests that leadership roles might be filled by volunteers, or compensation is structured in a way that isn't captured in the standard executive compensation line item. This could be sustainable if the organization has a strong volunteer base or if key leadership functions are integrated into other compensated roles, but it warrants further inquiry into their governance model.
Filing History
IRS 990 filing history for Vermont Program For Quality In Health Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vermont Program For Quality In Health Care Inc's revenue has grown by 87%, moving from $1.1M to $2.1M. Total assets increased by 27.4% over the same period, from $882K to $1.1M. Total functional expenses rose by 90.6%, from $1.1M to $2.0M. In its most recent filing year (2023), Vermont Program For Quality In Health Care Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $507K in liabilities against $1.1M in assets (debt-to-asset ratio: 45.2%), resulting in net assets of $616K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.0M | $1.1M | $507K | — | View 990 |
| 2022 | $1.2M | $1.3M | $905K | $346K | — | View 990 |
| 2021 | $2.1M | $1.9M | $859K | $247K | — | View 990 |
| 2020 | $1.3M | $1.4M | $786K | $367K | — | View 990 |
| 2019 | $1.4M | $1.4M | $751K | $275K | — | View 990 |
| 2018 | $1.3M | $1.3M | $801K | $292K | — | View 990 |
| 2017 | $1.2M | $1.2M | $794K | $295K | — | View 990 |
| 2016 | $1.3M | $1.3M | $717K | $243K | — | View 990 |
| 2015 | $1.1M | $1.1M | $549K | $139K | — | View 990 |
| 2014 | $1.2M | $1.1M | $580K | $191K | — | View 990 |
| 2013 | $1.2M | $1.2M | $642K | $275K | — | View 990 |
| 2012 | $1.4M | $1.4M | $661K | $269K | — | View 990 |
| 2011 | $1.1M | $1.1M | $882K | $551K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.0M, and assets of $1.1M (revenue +73.0% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.3M, and assets of $905K (revenue -41.2% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.9M, and assets of $859K (revenue +52.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $786K (revenue -2.7% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $751K (revenue +4.5% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $801K (revenue +9.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $794K (revenue -9.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $717K (revenue +18.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $549K (revenue -3.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $580K (revenue +1.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $642K (revenue -19.2% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $661K (revenue +27.8% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $882K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vermont Program For Quality In Health Care Inc:
Data Sources and Methodology
This transparency report for Vermont Program For Quality In Health Care 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.