Windsor Improvement Corporation

Windsor Improvement Corporation maintains strong asset growth and operational surpluses with zero executive compensation.

EIN: 10180687 · Windsor, VT · NTEE: S30 · Updated: 2026-03-26

$433KRevenue

$1.4MAssets

95/100Mission Score (Excellent)

S30

About Windsor Improvement Corporation

Windsor Improvement Corporation (EIN: 10180687) is a nonprofit organization based in Windsor, VT, classified under NTEE code S30. The organization reported total revenue of $433K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Windsor Improvement Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Windsor Improvement Corporation demonstrates consistent financial health with a strong asset base relative to its annual expenses. Over the past five years, assets have grown significantly from $275,626 in 2019 to $1,413,460 in 2023, indicating effective asset management and potentially successful capital campaigns or investment growth. The organization consistently operates with a surplus, as seen in 2023 where revenue of $286,673 exceeded expenses of $231,421. This financial stability suggests a well-managed operation capable of sustaining its programs.

Spending efficiency appears robust, with no reported officer compensation across all available filings, which is a strong indicator of resources being directed towards the mission rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation implies a lean operational structure. The organization's revenue has shown some volatility, with a significant spike in 2020 ($920,705) and 2021 ($293,418) compared to other years, which could be due to specific grants or projects. However, expenses have remained relatively stable, demonstrating good cost control.

Transparency is high regarding executive compensation, as zero officer compensation is reported. The consistent filing of IRS Form 990s over 12 periods further enhances transparency, allowing public scrutiny of its financial activities. The growth in assets and consistent operational surpluses, combined with no executive compensation, paints a picture of a financially sound and mission-focused organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Windsor Improvement Corporation with a Mission Score of 95 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, Windsor Improvement Corporation 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with assets exceeding $1.4 million.

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 Windsor Improvement Corporation's IRS 990 filings:

Unusually high asset growth without corresponding increase in expenses, potentially indicating significant reserves or investments rather than direct program spending growth.
Significant revenue volatility between years (e.g., $99,714 in 2019 vs. $920,705 in 2020) could indicate reliance on sporadic large grants rather than diversified funding.

Strengths

The following positive indicators were identified for Windsor Improvement Corporation:

Zero reported officer compensation, indicating high efficiency in directing funds to the mission.
Consistent operational surpluses, demonstrating strong financial management and sustainability (e.g., $286,673 revenue vs. $231,421 expenses in 2023).
Substantial and growing asset base ($1,413,460 in 2023), providing financial stability and capacity for future initiatives.
Long history of IRS 990 filings (12 filings), indicating consistent transparency and compliance.
Expenses have remained relatively stable despite revenue fluctuations, suggesting good cost control.

Frequently Asked Questions about Windsor Improvement Corporation

How does Windsor Improvement Corporation manage to operate without any officer compensation?

The filings consistently report 0% officer compensation, suggesting that leadership roles may be filled by volunteers, or compensation is structured in a way not reported as 'officer compensation' on the 990, or through a related entity. This is a significant factor in its financial efficiency.

What caused the significant revenue spike in 2020 and 2021?

Revenue jumped from $99,714 in 2019 to $920,705 in 2020 and $293,418 in 2021. This could be due to a large grant, a specific capital campaign, or a major project, which would be detailed in the full 990 filings.

What is the primary use of Windsor Improvement Corporation's substantial assets?

With assets of $1,416,834, understanding how these assets are deployed (e.g., property, investments, program-related assets) is crucial for assessing their impact, which would be detailed in the organization's balance sheet within the 990.

Filing History

IRS 990 filing history for Windsor Improvement Corporation showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Windsor Improvement Corporation's revenue has grown by 658.2%, moving from $38K to $287K. Total assets increased by 8178% over the same period, from $17K to $1.4M. Total functional expenses rose by 305.6%, from $57K to $231K. In its most recent filing year (2023), Windsor Improvement Corporation reported a surplus of $55K, with revenue exceeding expenses. The organization holds $433K in liabilities against $1.4M in assets (debt-to-asset ratio: 30.6%), resulting in net assets of $981K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$287K	$231K	$1.4M	$433K	—	View 990
2022	$286K	$229K	$1.4M	$456K	—	View 990
2021	$293K	$232K	$1.3M	$480K	—	View 990
2020	$921K	$235K	$1.3M	$498K	—	View 990
2019	$100K	$74K	$276K	$156K	—	View 990
2018	$94K	$75K	$249K	$155K	—	View 990
2017	$81K	$77K	$74K	$0	—	View 990
2016	$114K	$70K	$70K	$0	—	View 990
2015	$59K	$92K	$26K	$0	—	View 990
2014	$78K	$70K	$60K	$0	—	View 990
2013	$78K	$55K	$39K	$271	—	View 990
2012	$38K	$57K	$17K	$887	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $287K, expenses of $231K, and assets of $1.4M (revenue +0.1% year-over-year).
2022: Revenue of $286K, expenses of $229K, and assets of $1.4M (revenue -2.4% year-over-year).
2021: Revenue of $293K, expenses of $232K, and assets of $1.3M (revenue -68.1% year-over-year).
2020: Revenue of $921K, expenses of $235K, and assets of $1.3M (revenue +823.3% year-over-year).
2019: Revenue of $100K, expenses of $74K, and assets of $276K (revenue +6.0% year-over-year).
2018: Revenue of $94K, expenses of $75K, and assets of $249K (revenue +16.3% year-over-year).
2017: Revenue of $81K, expenses of $77K, and assets of $74K (revenue -28.8% year-over-year).
2016: Revenue of $114K, expenses of $70K, and assets of $70K (revenue +93.9% year-over-year).
2015: Revenue of $59K, expenses of $92K, and assets of $26K (revenue -24.4% year-over-year).
2014: Revenue of $78K, expenses of $70K, and assets of $60K (revenue -0.3% year-over-year).
2013: Revenue of $78K, expenses of $55K, and assets of $39K (revenue +105.8% year-over-year).
2012: Revenue of $38K, expenses of $57K, and assets of $17K.

Data Sources and Methodology

This transparency report for Windsor Improvement Corporation 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.