Vermont Software Developers Alliance Dba Vermont Technology Alliance
Nonprofit profile at a glance
- EIN
- 205367423
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Burlington, VT, USA
- Phone
- 8027350840
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $114,011
- Expenses
- $132,185
- Assets
- $29,851
- Liabilities
- $34,402
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ROD BUTLER (PRESIDENT)
- JEFFREY COUTURE (EXECUTIVE DIRECTOR)
People named in this filing
- MAUREEN MCELANEY (DIRECTOR)
- ROD BUTLER (PRESIDENT)
- JUSTIN MCCABE (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
The Vermont software developers alliance (dba the Vermont technology alliance - vtta) is a non-profit business association with a mission to support, promote, and grow technology-focused businesses and jobs in Vermont. The vtta has approximately 200 members from throughout the state ranging from startups to established companies, including businesses and organizations that work with and support the tech sector. The vtta works to attract a tech workforce to the state; advocates on behalf of the Vermont technology business sector, hosts events and networking opportunities, shares Vermont tech news and events through its communications channels, and provides business support for Vermont's tech community.
What it reported doing in 2024
Advocacy for Vermont's tech sector - in 2024, the Vermont technology alliance (vtta) actively advocated for policies supporting technology-driven businesses and workforce development. Vtta represented more than 250 member businesses across Vermont in state legislative sessions, provided public comment on economic development bills, and worked closely with regional stakeholders to expand broadband access and remote work initiatives. Vtta helped ensure tech voices were included in policy making by organizing two policy briefings and participating in three state working groups
Operating model
- Revenue model
- Donor-supported. 62% of the money available for current operations came from contributions and gifts.
- 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: 100
- Sustainability: 12
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.7%; rating input score 96
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: -15.9%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.23; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 1.15; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 60.1%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: 14.3% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 2.4% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: -0.2% per year; rating input score 0; 27th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $127K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2010 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.
- High — Sustainability: Operating margin scored 10/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.