Vmi Inc
EIN: 833843704 · East Burke, VT · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $531K |
| Total Expenses | $477K |
| Net Assets | $-131,762 |
Is Vmi Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vmi Inc
Vmi Inc (EIN: 833843704) is a nonprofit organization based in East Burke, VT, classified under NTEE code B90. The organization reported total revenue of $531K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vmi Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vmi Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 38.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $451K |
| Total Expenses | $477K |
| Surplus / Deficit | $-26,472 |
| Total Assets | $33K |
| Total Liabilities | $165K |
| Net Assets | $-131,762 |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 502.4% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2023, Vmi Inc reported a deficit of $26K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 502.4% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Vmi Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | +12.2% | -57.1% |
| 2022 | +53.8% | +45.3% | -43.9% |
| 2021 | +62.4% | +14.8% | +156.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vmi Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vmi Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 502.4%.
Frequently Asked Questions about Vmi Inc
Is Vmi Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vmi Inc (EIN: 833843704) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vmi Inc spend its money?
Detailed spending breakdown data is not yet available for Vmi Inc. Check back for updated IRS 990 analysis.
Are donations to Vmi Inc tax-deductible?
Vmi Inc is registered as a tax-exempt nonprofit (EIN: 833843704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vmi Inc located?
Vmi Inc is headquartered in East Burke, Vermont and files with the IRS under EIN 833843704. It is classified under NTEE code B90.
How many years of IRS 990 filings does Vmi Inc have?
Vmi Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $531K in total revenue.
Filing History
IRS 990 filing history for Vmi Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Vmi Inc's revenue has grown by 167.3%, moving from $169K to $451K. Total assets decreased by 38.2% over the same period, from $53K to $33K. Total functional expenses rose by 87.2%, from $255K to $477K. In its most recent filing year (2023), Vmi Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $165K in liabilities against $33K in assets (debt-to-asset ratio: 502.4%), resulting in net assets of $-131,762.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $451K | $477K | $33K | $165K | — | — |
| 2022 | $421K | $426K | $76K | $182K | — | View 990 |
| 2021 | $274K | $293K | $136K | $237K | — | — |
| 2020 | $169K | $255K | $53K | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $451K, expenses of $477K, and assets of $33K (revenue +7.0% year-over-year).
- 2022: Revenue of $421K, expenses of $426K, and assets of $76K (revenue +53.8% year-over-year).
- 2021: Revenue of $274K, expenses of $293K, and assets of $136K (revenue +62.4% year-over-year).
- 2020: Revenue of $169K, expenses of $255K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vmi Inc:
Data Sources and Methodology
This transparency report for Vmi 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.