Vermont Software Developersalliance Inc
Vermont Software Developersalliance Inc operates on a tight budget, consistently breaking even with no executive compensation.
EIN: 205367423 · Burlington, VT · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $114K |
| Total Expenses | $134K |
| Program Spending | 90% |
| Net Assets | $14K |
| Transparency Score | 85/100 |
Is Vermont Software Developersalliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vermont Software Developersalliance Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vermont Software Developersalliance Inc
Vermont Software Developersalliance Inc (EIN: 205367423) is a nonprofit organization based in Burlington, VT, classified under NTEE code S41. The organization reported total revenue of $114K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Software Developersalliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vermont Software Developersalliance 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 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $134K |
| Surplus / Deficit | $-75 |
| Total Assets | $38K |
| Total Liabilities | $24K |
| Net Assets | $14K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 63.8% |
| Months of Reserves | 3.4 months |
Financial Health Grade: C
In 2023, Vermont Software Developersalliance Inc reported a deficit of $75 with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 63.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vermont Software Developersalliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.1% | -1.5% | +29.2% |
| 2022 | -22.8% | -7.2% | -23.7% |
| 2021 | +72.7% | +23.1% | +172.2% |
| 2020 | -18.7% | +5.5% | +9.3% |
| 2019 | +4.3% | -0.8% | +272.4% |
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 Software Developersalliance 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: 90%
- fundraising: 0%
According to IRS 990 filings, Vermont Software Developersalliance Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $75, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.8%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a strong positive for a nonprofit of its size, suggesting a volunteer-driven leadership model and a high dedication of funds directly to operations.
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 Software Developersalliance Inc's IRS 990 filings:
- Limited financial reserves relative to annual expenses, potentially impacting resilience to unforeseen events (e.g., 2023 assets of $37,616 vs. expenses of $133,742).
Strengths
The following positive indicators were identified for Vermont Software Developersalliance Inc:
- Consistent 0% officer compensation across all filings, indicating strong dedication of funds to mission.
- Long history of IRS 990 filings (13 periods), demonstrating commitment to transparency and compliance.
- Consistent operational activity over a decade, showing stability in its niche.
- Efficient use of funds, as evidenced by near break-even operations, suggesting minimal waste.
Frequently Asked Questions about Vermont Software Developersalliance Inc
Is Vermont Software Developersalliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Software Developersalliance Inc (EIN: 205367423) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Vermont Software Developersalliance Inc spend its money?
Vermont Software Developersalliance Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vermont Software Developersalliance Inc tax-deductible?
Vermont Software Developersalliance Inc is registered as a tax-exempt nonprofit (EIN: 205367423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Vermont Software Developersalliance Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vermont Software Developersalliance Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vermont Software Developersalliance Inc located?
Vermont Software Developersalliance Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 205367423. It is classified under NTEE code S41.
How many years of IRS 990 filings does Vermont Software Developersalliance Inc have?
Vermont Software Developersalliance 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 $114K in total revenue.
How does Vermont Software Developersalliance Inc sustain operations with no officer compensation?
The consistent 0% officer compensation suggests that the organization's leadership is likely volunteer-based, or that compensation is covered through other means not reported as officer compensation on the 990, which is less common. This model allows a greater proportion of funds to be directed towards programs and administrative costs.
What is the organization's strategy for building financial reserves?
Based on the filing history, VSDI consistently operates near break-even, with expenses often slightly exceeding or closely matching revenues. For example, in 2023, expenses were $133,742 against revenues of $133,667. This indicates a strategy focused on immediate utilization of funds rather than accumulating significant reserves, as assets remain modest ($37,616 in 2023).
Is the organization's revenue stable enough for long-term planning?
Revenue has fluctuated between approximately $97,000 and $168,000 over the past decade. While there isn't a clear growth trend, the revenue has been consistently within a predictable range, suggesting a stable but not rapidly expanding funding base. This stability allows for consistent operational planning but may limit ambitious long-term projects without new funding streams.
Filing History
IRS 990 filing history for Vermont Software Developersalliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vermont Software Developersalliance Inc's revenue has grown by 95.4%, moving from $68K to $134K. Total assets increased by 0.7% over the same period, from $37K to $38K. Total functional expenses rose by 99.3%, from $67K to $134K. In its most recent filing year (2023), Vermont Software Developersalliance Inc reported a deficit of $75, with expenses exceeding revenue. The organization holds $24K in liabilities against $38K in assets (debt-to-asset ratio: 63.8%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $134K | $38K | $24K | — | — |
| 2022 | $130K | $136K | $29K | $25K | — | View 990 |
| 2021 | $168K | $146K | $38K | $27K | — | View 990 |
| 2020 | $97K | $119K | $14K | $25K | — | — |
| 2019 | $120K | $113K | $13K | $2K | — | View 990 |
| 2018 | $115K | $113K | $3K | $0 | — | View 990 |
| 2017 | $121K | $122K | $6K | $4K | — | View 990 |
| 2016 | $137K | $148K | $9K | $6K | — | View 990 |
| 2015 | $124K | $124K | $14K | $0 | — | View 990 |
| 2014 | $107K | $134K | $17K | $3K | — | View 990 |
| 2013 | $133K | $91K | $46K | $5K | — | View 990 |
| 2012 | $102K | $137K | $12K | $13K | — | View 990 |
| 2011 | $68K | $67K | $37K | $603 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $134K, and assets of $38K (revenue +3.1% year-over-year).
- 2022: Revenue of $130K, expenses of $136K, and assets of $29K (revenue -22.8% year-over-year).
- 2021: Revenue of $168K, expenses of $146K, and assets of $38K (revenue +72.7% year-over-year).
- 2020: Revenue of $97K, expenses of $119K, and assets of $14K (revenue -18.7% year-over-year).
- 2019: Revenue of $120K, expenses of $113K, and assets of $13K (revenue +4.3% year-over-year).
- 2018: Revenue of $115K, expenses of $113K, and assets of $3K (revenue -5.3% year-over-year).
- 2017: Revenue of $121K, expenses of $122K, and assets of $6K (revenue -11.5% year-over-year).
- 2016: Revenue of $137K, expenses of $148K, and assets of $9K (revenue +10.3% year-over-year).
- 2015: Revenue of $124K, expenses of $124K, and assets of $14K (revenue +16.2% year-over-year).
- 2014: Revenue of $107K, expenses of $134K, and assets of $17K (revenue -19.5% year-over-year).
- 2013: Revenue of $133K, expenses of $91K, and assets of $46K (revenue +29.8% year-over-year).
- 2012: Revenue of $102K, expenses of $137K, and assets of $12K (revenue +49.5% year-over-year).
- 2011: Revenue of $68K, expenses of $67K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vermont Software Developersalliance Inc:
Data Sources and Methodology
This transparency report for Vermont Software Developersalliance 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.