Vermont Professionals of Color Network

Nonprofit profile at a glance

EIN
862667055
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Burlington, VT, USA
Phone
8023838836
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$608,750
Expenses
$665,709
Assets
$926,385
Liabilities
$3,878

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

Leadership & pay

8 people listed

Highest reported compensation

  • TINOTENDA RUTANHRA (CO EXECUTIVE): $105,587 total reported compensation
  • WEIWEI WANG (CO EXECUTIVE): $105,296 total reported compensation

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

Overview

Mission

Vermont professionals of color network (vt poc) exists to advance networking and career development opportunities for its members, to increase civic engagement, to grow generations of black, indigenous and people of color (bipoc) leaders to join the ranks of leadership and management, and to economically empower bipoc organizations, businesses and entrepreneurs in the state of Vermont.

What it reported doing in 2024

The organization provides social and economic services and resources to vermonters between ages 18-65, with focus on individuals who identify as bipoc to engage and support one another. They also provide education sessions for personal and professional growth, as well asproviding visibility and outreach to ensure bipoc voices are heard andincluded in planning and policy making across the state. Education workshops and events -educational series include the things in between series, general educational workshops, and the career video series. -things in between focused on presenting educational information via video-on-demand format. In total, -educational workshops included in-person and virtual workshops to support personal, professional or business development. In total, 10 educational workshops were held in fy2025. -career video series is a video series focusing on careers of individuals in Vermont. In total, 4 videos were created and published in fy2025. One-on-one support/mentoring sessions: -provided resource navigation and business technical assistance for business owners across Vermont, primarily in connecting to existing business resources, supporting business planning, and identifying sources for business capital. -provided resource navigation and professional technical assistance for individual professionals in career development and advancement. -additionally, there were business support clinics offered in cy2025. In total, 15 clinics were held in fy2025. Professional and business networking opportunities included: -networking events to support individual career development and connection, and/or business development, and creating connections. -networking events occurred across the state. -in total, 28 networking events were held in fy2025. Outreach -outreach efforts included ensuring that a greater audience became aware of statewide resources, including those of partner organizations, state entities and departments, and businesses. This includes a monthly newsletter, social media sharing, and general email distribution of information. -outreach also included creating greater awareness of resources offered by the Vermont professionals of color network. In total, staff participated in 9 tabling or other outreach events. Data collection the organization collects data on professional and business information to inform the community and statewide entities (including nonprofits, state departments, policy makers) about changes in Vermont demographics. The organization works with partners to analyze and publish the data. This includes 10 data collection focus groups in fy2025.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.3%; rating input score 51
  • Program expense ratio: 46.5%; rating input score 47
  • Fundraising efficiency: $3.65 raised per $1 spent on fundraising; rating input score 11; 11th 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: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -9.4%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 1.39; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 31.7%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 29.1% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 13.2% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 28.4% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 51.3% of revenue deployed · 46.5% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $310K in reported program spending
  • Leadership: top reported pay $106K · 8 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Review — Financial Efficiency: Mission deployment rate scored 51/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 47/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 11/100.
  • High — Sustainability: Operating margin scored 18/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.