Vermont Information Technology Leaders Inc

Nonprofit profile at a glance

EIN
203131747
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
South Burlington, VT, USA
Phone
8028611800
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Research Institutes and Public Policy Analysis

Official website

Reported finances

Revenue
$11,050,876
Expenses
$10,403,814
Assets
$9,450,268
Liabilities
$2,168,580

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • BETH ANDERSON (CEO)

Highest reported compensation

  • BETH ANDERSON (CEO): $236,095 total reported compensation
  • ROMAN KHMALADZE (LEAD ENTERPRISE ARCHITECT (END 02/25)): $197,234 total reported compensation
  • CARA CALLANAN (VP OF FINANCE / CFO): $193,209 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Vitl's mission is to securely aggregate, standardize, and share the data needed to improve the effectiveness of healthcare for vermonters. In service of this mission, vitl operates the Vermont health information exchange, which enables the secure electronic sharing of health-related information across health care organizations in Vermont.vitl's vision is to be a leader in collaboratively delivering actionable data that leads to better health.vitl's work includes delivering data not only to clinicians at the point of care, but also to health care organizations, payers and others engaged in reforming the delivery of health care in Vermont.

What it reported doing in 2024

Vitl is the legislatively designated operator of the Vermont health information exchange ("vhie"). As defined by the office of the national coordinator of health information technology, electronic health information exchange (hie) allows doctors, nurses, pharmacists, other health care providers to appropriately access and securely share a patient's vital medical information electronically improving the speed, quality, safety and cost of patient care.the vhie receives data from, and provides data to, health care organizations throughout the state of Vermont, including primary and specialty care practices, hospitals, federally qualified health centers, laboratories, payers, public health, and others. During fiscal year 2025, the vitl access clinical portal was queried over 260,000 times and the vhie delivered over 1.3 million lab, radiology and transcribed reports to the electronic health record systems of Vermont health care providers. The vitl team continued focused efforts to educate health care organizations about how they can access patient data stewarded by vitl, and onboarded providers to use the vitl's provider portal to access comprehensive patient records. In its efforts to expand its reach and positive impact on the health of vermonters, vitl created 39 new data collection interfaces and 24 new results delivery interfaces during the year. The vitl team also began collecting new data types. During the year, vitl continued its efforts to support important public health initiatives, including completing a project that enables automated integration of key vitl data elements into women, infants and children program's (wic) system to reduce the need for on-site visits by wic clients.finally, the vitl team continued efforts to educate patients about how their health data is shared by vitl, and to help them understand the choices they have around how their data is shared.

Operating model

Revenue model
Grant-funded. 97% of the money available for current operations came from government grants.
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 - 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: 74
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81%; rating input score 81
  • Program expense ratio: 85.8%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.9%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.91; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 13%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 4.7% per year; rating input score 100; 39th percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 14.4% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 81% of revenue deployed · 85.8% of spending went to programs
  • Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $8.9M in reported program spending
  • Leadership: top reported pay $236K · 18 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.7M reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Sustainability: Operating margin scored 56/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.