Civic Intelligence

Sustainability Institute Inc

EIN 02-0492913 • 501(c)3 • Burlington, VT

View Organization Page

Profile

To advance the field of awareness-based systemic change in order to accelerate ecological, social, and economic well-being.

PO Box 4593Burlington, VT 05406

www.academyforchange.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.07x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.13x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$89,926

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

82nd percentile

25%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

265%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$1,468,616

Up $289,787 (+25%) from 2023

Liabilities

Up

$104,186

Up $75,079 (+258%) from 2023

Net Assets

Up

$1,364,430

Up $214,708 (+19%) from 2023

Operations
Liabilities / Revenue59th percentileNet Margin93rd percentile

Revenue

Up

$788,194

Up $572,079 (+265%) from 2023

Expenses

Up

$292,155

Up $5,221 (+1.8%) from 2023

Net Income

Up

$496,039

Up $566,858 (+800%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $2,098,909Liabilities 2011: $4,804Net Assets 2011: $2,094,1052011Assets 2012: $1,903,028Liabilities 2012: $0Net Assets 2012: $1,903,0282012Assets 2013: $1,621,473Liabilities 2013: $0Net Assets 2013: $1,621,4732013Assets 2014: $1,695,403Liabilities 2014: $0Net Assets 2014: $1,695,4032014Assets 2015: $1,444,650Liabilities 2015: $0Net Assets 2015: $1,444,6502015Assets 2016: $1,418,500Liabilities 2016: $0Net Assets 2016: $1,418,5002016Assets 2017: $1,299,060Liabilities 2017: $4,215Net Assets 2017: $1,294,8452017Assets 2018: $1,254,762Liabilities 2018: $0Net Assets 2018: $1,254,7622018Assets 2019: $1,097,750Liabilities 2019: $0Net Assets 2019: $1,097,7502019Assets 2020: $1,087,772Liabilities 2020: $63,600Net Assets 2020: $1,024,1722020Assets 2021: $1,104,101Liabilities 2021: $65,237Net Assets 2021: $1,038,8642021Assets 2022: $1,162,323Liabilities 2022: $54,783Net Assets 2022: $1,107,5402022Assets 2023: $1,178,829Liabilities 2023: $29,107Net Assets 2023: $1,149,7222023Assets 2024: $1,468,616Liabilities 2024: $104,186Net Assets 2024: $1,364,4302024

Highlighted filing

2024

Assets$1,468,616
Liabilities$104,186
Net Assets$1,364,430
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $498,833Expenses 2011: $1,103,255Net Income 2011: -$604,4222011Expenses 2012: $515,3272012Revenue 2013: $297,838Expenses 2013: $369,678Net Income 2013: -$71,8402013Revenue 2014: $373,517Expenses 2014: $362,817Net Income 2014: $10,7002014Revenue 2015: $151,183Expenses 2015: $241,889Net Income 2015: -$90,7062015Revenue 2016: $134,523Expenses 2016: $176,217Net Income 2016: -$41,6942016Revenue 2017: $458,392Expenses 2017: $534,100Net Income 2017: -$75,7082017Revenue 2018: $877,431Expenses 2018: $926,965Net Income 2018: -$49,5342018Revenue 2019: $993,524Expenses 2019: $1,207,413Net Income 2019: -$213,8892019Revenue 2020: $707,459Expenses 2020: $874,956Net Income 2020: -$167,4972020Revenue 2021: $412,819Expenses 2021: $468,660Net Income 2021: -$55,8412021Revenue 2022: $459,237Expenses 2022: $277,694Net Income 2022: $181,5432022Revenue 2023: $216,115Expenses 2023: $286,934Net Income 2023: -$70,8192023Revenue 2024: $788,194Expenses 2024: $292,155Net Income 2024: $496,0392024

Highlighted filing

2024

Revenue$788,194
Expenses$292,155
Net Income$496,039
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,468,616
Liabilities
$104,186
Net assets
$1,364,430
Revenue
$788,194
Expenses
$292,155
Net income
$496,039
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.47$0.10$1.36$0.79$0.29$0.50
2023Detailed filing. Detailed filing data is available for this year.$1.18$0.03$1.15$0.22$0.29$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.16$0.05$1.11$0.46$0.28$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.07$1.04$0.41$0.47$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.09$0.06$1.02$0.71$0.87$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.99$1.21$0.21
2018Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.88$0.93$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.29$0.46$0.53$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.13$0.18$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.15$0.24$0.09
2014Summary only. Only limited summary data is available for this year.$1.70$0.00$1.70$0.37$0.36$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.00$1.62$0.30$0.37$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.00$1.90$0.52
2011Summary only. Only limited summary data is available for this year.$2.10$0.00$2.09$0.50$1.10$0.60
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$1,263,346
Mission and Program Overview

Mission

We engage community leaders and organizations to develop a deep understanding of social and ecological systems, and equip them for the inner and outer work needed to act as agents of positive change.

To advance the field of awareness-based systemic change in order to accelerate ecological, social, and economic well-being.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,026,237$1,346,488▲ $320,251
Accounts Receivable$28,938$70,059▲ $41,121
Cash and Non-Interest-Bearing Accounts$120,718$48,164▼ $72,554
Prepaid Expenses and Deferred Charges$2,936$3,905▲ $969
Total Assets$1,178,829$1,468,616▲ $289,787
Liabilities
Deferred Revenue$271$73,755▲ $73,484
Accounts Payable and Accrued Expenses$28,836$30,431▲ $1,595
Total Liabilities$29,107$104,186▲ $75,079
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,058,383$1,290,619▲ $232,236
Net Assets With Donor Restrictions$91,339$73,811▼ $17,528
Total Net Assets Fund Balance$1,149,722$1,364,430▲ $214,708
Total Liabilities and Net Assets / Fund Balance$1,178,829$1,468,616▲ $289,787

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$24,888$24,888
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kindle LoomisCo-directorFT$81,900$8,026$89,926
Marta CeroniCo-directorPT$54,349$7,466$61,815

Board Members and Trustees

NameTitle
Jenna MuscoChair
Anthony JohnsonVice Chair
Armando EstradaDirector
Ed KrishokDirector
Jeff Mohr Until Jan 2024Director
Ken LeinbachDirector
Kim KitaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$86,154
Program Service Revenue
$41,001
Investment Income
$567,971
Other Revenue
$93,068
All Other Contributions
$86,154
Change in Net Assets
$496,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$167,297
Other Expenses$118,830
Total Fundraising Expense$15,056
Grants and Similar Amounts Paid$6,028
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$56,023$73,777$13,114$142,914
Fees for Services Other$70,384--$70,384
Fees for Services Accounting-$24,200-$24,200
Payroll Taxes$4,203$6,051$913$11,167
Other Salaries and Wages$3,735$6,610$542$10,887
Information Technology$6,583$3,067-$9,650
Foreign Grants$5,550--$5,550
Insurance-$3,162-$3,162
Conferences and Meetings-$3,036-$3,036
Other Employee Benefits$218$2,111-$2,329
Office Expenses$493$330$487$1,310
Other Expenses$914$54-$968
Grants to Domestic Orgs$478--$478
Occupancy$245--$245
Fees for Service Investment Mgmnt Fees-$189-$189
Total Functional Expenses$154,512$122,587$15,056$292,155
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Cpa completes return and provides it to the co-director for review. Once the co-director feels it's ready to file, the return is shared with the board of directors for review. After review the return is filed by the cpa firm.”

Form 990, Page 6, Part VI, Line 12C

“Board members are required to report any conflicts of interest pursuant to the organization's conflict of interest policy with annual monitoring of compliance by the co-directors.”

Form 990, Page 6, Part VI, Line 15A

“Independent board members review comparability data and contemporaneously substantiate their deliberations related to the annual compensation of all key employees.”

Form 990, Page 6, Part VI, Line 19

“The organization has never been asked for its organizational documents, financial statements, or conflict of interest policy and has no formal policy related to the public inspection of this information. All are available upon request in accordance with the law.”

Filing and Contact Details

Filer

Filer Name
Sustainability Institute Inc
EIN
02-0492913
Phone
8023047944
Address
PO BOX 4593, BURLINGTON, VT 05406
Doing Business As
Academy for Systems Change

Signing Officer

Name
Marta Ceroni
Title
Co-director
Phone
6036327621
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marta Ceroni
Formed
1996
Legal Domicile
Vt
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
10

Preparer

Firm
Jmm & Associates Pc
Address
463 MOUNTAIN VIEW DR STE 403, COLCHESTER, VT 05446
Preparer
Randall L Sargent CPA
Phone
8026555665
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

“Educational activities of the organization include a variety of programs, such as webinars, stakeholder workshops, face to face and online courses and the "donella meadows project" which makes all of donella meadows' work freely accessible online and through a collaboration with dartmouth college's rauner library. Educational offerings also include "academy stories" - a website sharing stories and case studies of systems-level interventions, and a "fieldbook of systems change" - an interactive online field book of practices, tools, and frameworks to support anyone engaged in applied social change and sustainability work through a systems lens. Training, facilitation & consulting services - recent activities include facilitation, trainings and consulting services for clients including the university of vermont, nos noroeste sustentable, spett.le rodl & partner, iluminate, and speaker requests. Fiscal sponsorship services - the organization serves as the fiscal sponsor for two mission-aligned initiatives focused on growing collective systems change capacity. One focuses on uplifting women and growing that capacity within women globally, while the other focuses more geographically on vermont.”

Form 990, Part IX, Line 11G

“Other professional fees 70,384 0 0”

Financial Statement Notes

Schedule D, Page 3, Part X

“Asc is a nonprofit corporation exempt from income taxes under irc section 501(c)(3). It has been classified as an organization that is not a private foundation under irc 509(a)(2), and donations to the organization qualify as charitable contributions. The organization believes that it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC IS A NONPROFIT CORPORATION EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(C)(3). IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER IRC 509(A)(2), AND DONATIONS TO THE ORGANIZATION QUALIFY AS CHARITABLE CONTRIBUTIONS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0ASC DISTRIBUTED FUNDS TO HATAN FOUNDATION AND REQUESTED RECEIPTS AND FINANCIAL REPORTING WHICH WERE RECEIVED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDUCATIONAL ACTIVITIES OF THE ORGANIZATION INCLUDE A VARIETY OF PROGRAMS, SUCH AS WEBINARS, STAKEHOLDER WORKSHOPS, FACE TO FACE AND ONLINE COURSES AND THE "DONELLA MEADOWS PROJECT" WHICH MAKES ALL OF DONELLA MEADOWS' WORK FREELY ACCESSIBLE ONLINE AND THROUGH A COLLABORATION WITH DARTMOUTH COLLEGE'S RAUNER LIBRARY. EDUCATIONAL OFFERINGS ALSO INCLUDE "ACADEMY STORIES" - A WEBSITE SHARING STORIES AND CASE STUDIES OF SYSTEMS-LEVEL INTERVENTIONS, AND A "FIELDBOOK OF SYSTEMS CHANGE" - AN INTERACTIVE ONLINE FIELD BOOK OF PRACTICES, TOOLS, AND FRAMEWORKS TO SUPPORT ANYONE ENGAGED IN APPLIED SOCIAL CHANGE AND SUSTAINABILITY WORK THROUGH A SYSTEMS LENS. TRAINING, FACILITATION & CONSULTING SERVICES - RECENT ACTIVITIES INCLUDE FACILITATION, TRAININGS AND CONSULTING SERVICES FOR CLIENTS INCLUDING THE UNIVERSITY OF VERMONT, NOS NOROESTE SUSTENTABLE, SPETT.LE RODL & PARTNER, ILUMINATE, AND SPEAKER REQUESTS. FISCAL SPONSORSHIP SERVICES - THE ORGANIZATION SERVES AS THE FISCAL SPONSOR FOR TWO MISSION-ALIGNED INITIATIVES FOCUSED ON GROWING COLLECTIVE SYSTEMS CHANGE CAPACITY. ONE FOCUSES ON UPLIFTING WOMEN AND GROWING THAT CAPACITY WITHIN WOMEN GLOBALLY, WHILE THE OTHER FOCUSES MORE GEOGRAPHICALLY ON VERMONT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CPA COMPLETES RETURN AND PROVIDES IT TO THE CO-DIRECTOR FOR REVIEW. ONCE THE CO-DIRECTOR FEELS IT'S READY TO FILE, THE RETURN IS SHARED WITH THE BOARD OF DIRECTORS FOR REVIEW. AFTER REVIEW THE RETURN IS FILED BY THE CPA FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO REPORT ANY CONFLICTS OF INTEREST PURSUANT TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY WITH ANNUAL MONITORING OF COMPLIANCE BY THE CO-DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INDEPENDENT BOARD MEMBERS REVIEW COMPARABILITY DATA AND CONTEMPORANEOUSLY SUBSTANTIATE THEIR DELIBERATIONS RELATED TO THE ANNUAL COMPENSATION OF ALL KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS NEVER BEEN ASKED FOR ITS ORGANIZATIONAL DOCUMENTS, FINANCIAL STATEMENTS, OR CONFLICT OF INTEREST POLICY AND HAS NO FORMAL POLICY RELATED TO THE PUBLIC INSPECTION OF THIS INFORMATION. ALL ARE AVAILABLE UPON REQUEST IN ACCORDANCE WITH THE LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER PROFESSIONAL FEES 70,384 0 0
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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