Green Mountain Carshare Inc
Nonprofit profile at a glance
- EIN
- 262264386
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Burlington, VT, USA
- Phone
- 8028612340
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Transportation Systems
Reported finances
- Revenue
- $644,941
- Expenses
- $742,418
- Assets
- $440,365
- Liabilities
- $44,778
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ANNE BOURDON (EXECUTIVE DIRECTOR)
Highest reported compensation
- ANNE BOURDON (EXECUTIVE DIRECTOR): $58,641 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Carshare Vermont is a community-based nonprofit whose mission is to provide an affordable, convenient, and reliable alternative to private car ownership that enhances the environmental, social and economic well-being of our region and planet.
What it reported doing in 2024
See schedule ogreen mountain carshare, inc. (dba carshare Vermont) works to reduce vehicle dependence and improve mobility for vermonters by providing an affordable and convenient carsharing service. It also implements a range of community outreach campaigns and programs aimed at increasing awareness about the environmental, financial, and social costs of vehicle dependence and increasing access to carsharing among vulnerable community members. Carsharing is a neighborhood-based, short-term shared mobility service that makes a network of vehicles available to a group of users by the hour or day. Anyone is eligible to participate in the service who is at least 18 years old, has had two consecutive years of driving experience, and maintains a clean driving record. In 2024, more than 1,000 residents shared a fleet of 27 vehicles located throughout burlington and winooski. Since its launch in 2008, carshare Vermont members have helped remove 405 vehicles from the road and reduced their vehicle miles traveled by over 30 million miles, saving thousands of tons of carbon emissions from entering the atmosphere.through its mobilityshare program, carshare Vermont offers free annual memberships and discounted driving rates to households with low incomes, as well as to nonprofit organizations providing food access to food insecure vermonters. During 2024, carshare Vermont provided more than 150 free memberships.
Operating model
- Revenue model
- Earned-program. 81% 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.
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: 87
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.5%; rating input score 89
- Fundraising efficiency: $5.02 raised per $1 spent on fundraising; rating input score 18; 18th 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: 5 of 8 controls in place; rating input score 62
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -15.1%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 7.9%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.5% of spending went to programs
- Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $657K in reported program spending
- Leadership: top reported pay $59K · 9 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Fundraising efficiency scored 18/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 12/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.