Physician Assistant Academy of Vermont
Nonprofit profile at a glance
- EIN
- 222586796
- IRS 990-EZ coverage
- 2022–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Williamstown, VT, US
- Phone
- (802) 223-7898 ext. 5
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $115,961
- Expenses
- $91,842
- Assets
- $101,364
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Michele Nilsson (Executive Director)
- Lee Morissette (Board President Eff July 2024)
- Sarah Bushweller (Prior Board President End July 2024)
People named in this filing
- Michele Nilsson (Executive Director)
- Lee Morissette (Board President Eff July 2024)
- Brad Salzmann (Secretary)
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
To provide all Vermont PAs with representation on issues of legislative, regulatory, and professional support around the state of Vermont. To forge and maintain partnerships/working relationships with other health professional organizations on a national, regional, and statewide level. To work toward improving the professional and regulatory environment for PA practice in Vermont and nationwide. To monitor and improve the reimbursement environment in the state and nationally.
What it reported doing in 2024
The mission of the Physician Assistant Academy of Vermont is to promote quality, cost-effective, and accessible health care to the people of Vermont and to support the professional growth of Physician Assistants. PAAV forges and maintains partnerships/working relationships with other health professional organizations on a national, regional and statewide level. With the support of membership dues, PAAV represents Vermont Physician Assistants on issues of legislative, regulatory and professional relevance around the state of Vermont and actively works to improve the professional and regulatory environment for Physician Assistant practice in Vermont and nationwide. In addition, PAAV monitors the reimbursement environment in the state and nationally.
Operating model
- Revenue model
- Earned-program. 89% 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
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 82
- Sustainability: 64
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.4%; rating input score 55
- Program expense ratio: 71.8%; rating input score 72
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 20.8%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 1.1; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 26.1%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: -20% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 2% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 36th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 55.4% of revenue deployed · 71.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $66K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 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.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 13/100.