Vsc Foundation Inc
Nonprofit profile at a glance
- EIN
- 202695709
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024
- Location
- Montpelier, VT, USA
- Phone
- 8022243000
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $45,798
- Expenses
- $46,326
- Assets
- $51,981
- Liabilities
- $50,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Joyce Judy (President)
- Sarah Truckle (Vice President)
People named in this filing
- Joyce Judy (President)
- Sarah Truckle (Vice President)
- Sharron Scott (Treasurer)
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 support the functions of and carry out the educational mission of the member institutions of the Vermont State Colleges System.
What it reported doing in 2024
Provided support to the colleges which constitute the Vermont State College system.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.9%; rating input score 100
- Program expense ratio: 98.8%; rating input score 99
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: -1.2%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 1.12; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.96; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 16.3% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: -0% per year; rating input score 0; 51st percentile among comparable filings
- Asset growth: 5.3% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 99.9% of revenue deployed · 98.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $46K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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 — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.