Net Zero Vermont Incorporated
Nonprofit profile at a glance
- EIN
- 272371175
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Charlotte, VT, USA
- Phone
- 8022389807
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Pollution Abatement and Control Services
Reported finances
- Revenue
- $138,501
- Expenses
- $102,636
- Assets
- $67,583
- Liabilities
- $624
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Patricia M Sears (President)
People named in this filing
- Patricia M Sears (President)
- David Blittersdorf (Treasurer)
- Paul Comey (Director)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Prioritizing actions to more walkable communities.
What it reported doing in 2024
Applied for and managed at least four grants, with outcomes resulting in matching grant funds to sponsorship and trolley revenues by more than 50%. Advanced (TDM) transportation demand management projects in the areas of community engagement, planning, technical assistance in walkable communities, marketing and incentives in collaboration with business and community-based partners involving ten plus Vermont municipalities: Burlington, South Burlington, Winooski, Williston, Essex, St. Albans, Middlebury, Barre, Bristol, and Vergennes). Added capacity and amplified the impact of partner service organizations (i.e., family resource centers, transit agencies, regional planning commissions, energy committees, area food shelves and pantries, planning projects, senior living facilities, community groups, health and wellness through institutions HR departments, active mobility groups, professional and volunteer advocates/organizations; and technical assistance to businesses and decision-makers representing State of Vermont, regions, businesses and municipalities. 1080 trolleys distributed in 2024 with trolley sales averaging $41.50/trolley. Collected and synthesized trolley user transportation and travel behavior data. Walk resource maps for several communities used to help educate people about their travel, food, walking resource and service options; these walking maps were used for engaging people. Improved general public health and wellness through transportation tools, education, and incentives--to help people more readily access food and public transit, improve active and shared mobility habits, and encourage people to walk and enjoy their community, social interaction and improved transportation efficiency options. Organizational strategic planning underway to explore how increased collaboration with Vermont Clean Communities Coalition could complement and accelerate the mission and vision of Net Zero Vermont, Inc.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 100
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 45.6%; rating input score 46
- Program expense ratio: 61.5%; rating input score 61
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 25.9%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 22.4%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 30% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 33% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 72.3% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 45.6% of revenue deployed · 61.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $63K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.