Northern New England School of Banking
Nonprofit profile at a glance
- EIN
- 010477533
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025
- Location
- Montpelier, VT, USA
- Phone
- 8022290341
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $185,781
- Expenses
- $184,589
- Assets
- $105,919
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- CHRISTOPHER D'ELIA (Registrar)
- MELODEE STEARNS (Trustee)
- DAVID PEASE (Trustee)
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
The northern new england school of banking is one of the oldest banking schools in the nation. Founded in 1953 the school was developed to offer a program on current issues in banking designed for both junior and senior officers of commercial banks in Vermont and New Hampshire and was sponsored by the banking associations of the two states. In the mid 1960's Maine joined the school, the name was changed to the northern new england school and rotating the location between the three states ceased in 1984 when the kellogg center for continuing education (the new england center) at the university of New Hampshire in durham was chosen as its location. Responding to the changing needs of bankers, the school shifted its emphasis to a program in general banking geared to supervisors and junior officers and is considered a stepping stone to the stonier graduate school of banking.
What it reported doing in 2025
The organization provides training and education to its members in the field of banking.
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
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.5%; rating input score 98
- Program expense ratio: 99.1%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.6%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 2% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 98.5% of revenue deployed · 99.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $183K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2010 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.
- Moderate — Sustainability: Operating margin scored 33/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.