Corpwell Foundation Co
Nonprofit profile at a glance
- EIN
- 821005159
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Clarendon Springs, VT, USA
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $163,824
- Expenses
- $145,550
- Assets
- $156,636
- Liabilities
- $38,000
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- Nicolette Asselin (Executive Officer)
- Jeff Guevin (Legal Advisor)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Value: Service Ethical Principle: The foundation and its members primary goal is to assist communities. Advisors elevate service above self-interest draw on their knowledge values and skills to help communities in need as a pro-bono service. Value: Importance of Human Relationships The foundation its officers and advisors understand that relationships between and among people are an essential vehicle for change and are involved as partners in the process. They seek to strengthen relationships among people in a purposeful effort to promote restore maintain and enhance the well-being of individuals families social groups organizations and communities. Value: Integrity The foundation its officers and advisors are continually aware of the foundation mission values ethical principles and ethical standards and practice in a manner consistent with their profession. They act honestly and responsibly and promote ethical practices on the part of the organizations with which
What it reported doing in 2025
The organization assists local individual organizations and municipalities in various aspect of accomplishing preservation and better communities in repurposing given abandoned properties. The Foundation regains use of historical and unused buildings by completing HSSS Historic Sites and Structure Surveys structural assessment assists in creating a vision identify community support and interests obtain grants find private funding and donations to restore recover and enhance the property. Ultimately buildings will offer needed community resources historical or art exhibits as well as provide education.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.8%; rating input score 89
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.2%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 1.08; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 65.5% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 28.2% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 40.6% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 88.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $146K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2017 to 2025
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.