Village Improvement Society Inc
Village Improvement Society Inc: Consistent Operations, Modest Reserves
EIN: 222600696 · Lyndonville, VT · NTEE: N31Z · Updated: 2026-04-04
About Village Improvement Society Inc
Village Improvement Society Inc (EIN: 222600696) is a nonprofit organization based in Lyndonville, VT, classified under NTEE code N31Z. The organization reported total revenue of $142K and total assets of $255K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Village Improvement Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Village Improvement Society Inc with a Mission Score of 75 out of 100 (Good). 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: 70%
- fundraising: 15%
According to IRS 990 filings, Village Improvement Society Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure.
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 Village Improvement Society Inc's IRS 990 filings:
- Total assets have decreased by approximately 23.6% from $291,883 in 2016 to $222,832 in 2023, which could impact long-term sustainability if the trend continues.
Strengths
The following positive indicators were identified for Village Improvement Society Inc:
- The organization consistently reports 0% compensation for key personnel, indicating a strong commitment to directing funds towards its mission.
- Revenue has generally exceeded expenses in recent years (e.g., 2023: $90,219 revenue vs. $89,387 expenses), demonstrating operational stability.
- The organization has maintained a consistent level of activity and assets over several years, suggesting a stable presence in its community.
Frequently Asked Questions about Village Improvement Society Inc
What does Village Improvement Society Inc do?
Village Improvement Society Inc is a nonprofit organization in the Recreation & Sports sector, located in Lyndonville, Vermont. It is classified under NTEE code N31Z.
How much revenue does Village Improvement Society Inc have?
Village Improvement Society Inc reported total revenue of $141,506. Based on 11 IRS 990 filings on record.
What are Village Improvement Society Inc's total assets?
Village Improvement Society Inc holds total assets of $255,161 as reported in IRS 990 filings.
Where is Village Improvement Society Inc located?
Village Improvement Society Inc is based in Lyndonville, Vermont.
What is Village Improvement Society Inc's EIN?
Village Improvement Society Inc's Employer Identification Number (EIN) is 222600696. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Village Improvement Society Inc?
Village Improvement Society Inc is classified under NTEE code N31Z (Recreation & Sports).
Is Village Improvement Society Inc a registered 501(c)(3)?
Yes, Village Improvement Society Inc is recognized as a tax-exempt organization by the IRS. EIN: 222600696.
Does Village Improvement Society Inc file IRS Form 990?
Yes, Village Improvement Society Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Village Improvement Society Inc's revenue in 2023?
In the 202312 filing period, Village Improvement Society Inc reported total revenue of $90,219, total expenses of $89,387, and net assets of $222,832.
Is Village Improvement Society Inc's revenue growing or declining?
Village Improvement Society Inc's revenue is declining. Revenue went from $111,619 (202212) to $90,219 (202312), a -19.2% change. Based on 11 filings on record.
What is Village Improvement Society Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Village Improvement Society Inc covers tax period 202312. It shows revenue of $90,219, expenses of $89,387, total assets of $222,832, and liabilities of N/A.
How much does Village Improvement Society Inc spend on programs vs administration?
Based on IRS 990 analysis, Village Improvement Society Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Village Improvement Society Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Village Improvement Society Inc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Village Improvement Society Inc?
The following concerns were identified: Total assets have decreased by approximately 23.6% from $291,883 in 2016 to $222,832 in 2023, which could impact long-term sustainability if the trend continues.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Village Improvement Society Inc's strengths?
Positive indicators for Village Improvement Society Inc include: The organization consistently reports 0% compensation for key personnel, indicating a strong commitment to directing funds towards its mission.. Revenue has generally exceeded expenses in recent years (e.g., 2023: $90,219 revenue vs. $89,387 expenses), demonstrating operational stability.. The organization has maintained a consistent level of activity and assets over several years, suggesting a stable presence in its community.. These findings are derived from AI analysis of the organization's financial filings.
How does Village Improvement Society Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 executive compensation, how does the organization manage its administrative and operational functions?
The consistent $0 executive compensation suggests that the organization is either entirely volunteer-run at the leadership level or utilizes external contractors for administrative tasks, which would be reflected in other expense categories rather than direct compensation to officers.
What factors contribute to the gradual decline in total assets from $291,883 in 2016 to $222,832 in 2023, and what is the organization's strategy to address this trend?
The decline in assets could be due to various factors such as depreciation of property, equipment, or a strategic decision to spend down reserves for specific projects. Without more detailed financial statements, the exact cause and the organization's strategy to reverse or manage this trend are unclear.
Filing History
IRS 990 filing history for Village Improvement Society Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Village Improvement Society Inc's revenue has grown by 117.6%, moving from $41K to $90K. Total assets decreased by 8.2% over the same period, from $243K to $223K. Total functional expenses rose by 141.8%, from $37K to $89K. In its most recent filing year (2023), Village Improvement Society Inc reported a surplus of $832, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $89K | $223K | $0 | — | — |
| 2022 | $112K | $91K | $218K | $14 | — | View 990 |
| 2021 | $91K | $84K | $207K | $0 | — | View 990 |
| 2020 | $50K | $71K | $196K | $0 | — | View 990 |
| 2018 | $52K | $75K | $243K | $31K | — | View 990 |
| 2017 | $48K | $93K | $267K | $22K | — | View 990 |
| 2016 | $115K | $81K | $292K | $9K | — | View 990 |
| 2015 | $101K | $77K | $278K | $0 | — | View 990 |
| 2014 | $70K | $60K | $243K | $0 | — | View 990 |
| 2012 | $52K | $53K | $247K | $0 | — | View 990 |
| 2011 | $41K | $37K | $243K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $89K, and assets of $223K (revenue -19.2% year-over-year).
- 2022: Revenue of $112K, expenses of $91K, and assets of $218K (revenue +23.1% year-over-year).
- 2021: Revenue of $91K, expenses of $84K, and assets of $207K (revenue +82.4% year-over-year).
- 2020: Revenue of $50K, expenses of $71K, and assets of $196K (revenue -3.8% year-over-year).
- 2018: Revenue of $52K, expenses of $75K, and assets of $243K (revenue +7.9% year-over-year).
- 2017: Revenue of $48K, expenses of $93K, and assets of $267K (revenue -58.2% year-over-year).
- 2016: Revenue of $115K, expenses of $81K, and assets of $292K (revenue +13.9% year-over-year).
- 2015: Revenue of $101K, expenses of $77K, and assets of $278K (revenue +43.5% year-over-year).
- 2014: Revenue of $70K, expenses of $60K, and assets of $243K (revenue +34.3% year-over-year).
- 2012: Revenue of $52K, expenses of $53K, and assets of $247K (revenue +25.9% year-over-year).
- 2011: Revenue of $41K, expenses of $37K, and assets of $243K.
Data Sources and Methodology
This transparency report for Village Improvement Society 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.