Vermont Council on World Affairs Inc

Overview

Mission

See schedule othe mission of the Vermont council on world affairs is to promote awareness and understanding of the world and its people, places and cultures through education and engagement. The future of Vermont depends upon the world beyond our borders. The Vermont council on world affairs, in cooperation with the public and private sectors, promotes an awareness and understanding of the world and its people through public forums, hosting international visitors and working with our educational institutions to develop programs for students, faculty, staff and community.

What it reported doing in 2023

International exchanges is a program to allow students and others to travel to various countries and learn about other cultures and governance.paylp and laya are youth exchange programs bringing students from around the world to Vermont and are focused on various topics like leadership, entrepreneurship, and civic engagement. The open world program is a program supported by the us congress that promoted leadership and accountable governance among key emerging leaders in the former soviet countries and eastern europe.

Operating model

Revenue model
Earned-program. 61% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
036010787
IRS 990 coverage
2011–2023
Forms available
Form 990 2023
Headquarters
Burlington, VT, USA
Phone
8028612343
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.4%; rating input score 76
  • Program expense ratio: 78.2%; rating input score 78
  • Fundraising efficiency: $7.55 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.3%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 28.7%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 14.7% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 12.4% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 31.2% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 76.4% of revenue deployed · 78.2% of spending went to programs
  • Governance: 12 of 12 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $359K in reported program spending
  • Leadership: top reported pay $132K · 13 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 13 annual filings from 2011 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

13 people listed

Highest reported compensation

  • PATRICIA PRESTON (PRESIDENT AND CEO): $132,044 total reported compensation

Source: IRS Form 990. Selected filing: FY2023.