Civic Intelligence

Vershare

990EZ • Fiscal year 2023 • EIN 03-0356227

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

PO Box 112Vershire, VT 05079

(802) 685-9982

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

26th percentile

-12%

Higher net margin than 26% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

38th percentile

-5.4%

Faster asset growth than 38% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

-3.0%

Faster revenue growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$95,637

Down $5,466 (-5.4%) from 2022

Net Assets

Down

$95,637

Down $5,466 (-5.4%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$46,917

Down $1,470 (-3.0%) from 2022

Expenses

Up

$52,383

Up $12,327 (+31%) from 2022

Net Income

Down

-$5,466

Down $13,797 (-166%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2011: $94,575Liabilities 2011: $1,5002011Assets 2012: $86,930Liabilities 2012: $02012Assets 2013: $87,682Liabilities 2013: $02013Assets 2014: $74,068Liabilities 2014: $02014Assets 2015: $66,641Liabilities 2015: $02015Assets 2016: $63,235Liabilities 2016: $02016Assets 2017: $54,695Liabilities 2017: $02017Assets 2021: $92,772Liabilities 2021: $0Net Assets 2021: $92,7722021Assets 2022: $101,103Liabilities 2022: $0Net Assets 2022: $101,1032022Assets 2023: $95,637Liabilities 2023: $0Net Assets 2023: $95,6372023Assets 2024: $100,664Liabilities 2024: $0Net Assets 2024: $100,6642024

Highlighted filing

2023

Assets$95,637
Liabilities$0
Net Assets$95,637

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $50,356Expenses 2011: $64,716Net Income 2011: -$14,3602011Revenue 2012: $42,915Expenses 2012: $49,060Net Income 2012: -$6,1452012Revenue 2013: $37,325Expenses 2013: $36,573Net Income 2013: $7522013Revenue 2014: $28,289Expenses 2014: $41,903Net Income 2014: -$13,6142014Revenue 2015: $32,206Expenses 2015: $39,635Net Income 2015: -$7,4292015Revenue 2016: $28,153Expenses 2016: $31,560Net Income 2016: -$3,4072016Revenue 2017: $30,996Expenses 2017: $40,455Net Income 2017: -$9,4592017Revenue 2021: $53,569Expenses 2021: $40,783Net Income 2021: $12,7862021Revenue 2022: $48,387Expenses 2022: $40,056Net Income 2022: $8,3312022Revenue 2023: $46,917Expenses 2023: $52,383Net Income 2023: -$5,4662023Revenue 2024: $78,416Expenses 2024: $73,389Net Income 2024: $5,0272024

Highlighted filing

2023

Revenue$46,917
Expenses$52,383
Net Income-$5,466
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$51,364
Mission and Program Overview

Mission

Build community and promote local economic development

Program Services

DescriptionGrantsExpenses
SUMMER CAMP IS A ONE WEEK FREE TO ALL CHILDREN AGES 5-12 WITH OPPORTUNITIES FOR TEENS TO SERVE AS CAMP COUNSELORS AND EARN COMMUNITY SERVICE CREDIT. THE CAMP IS PARTIALLY SUPPORTED BY THE SNOW-SHOE-ATHON.$0$14,264
MADE IN VERSHIRE GENERATED COMMUNITY SPIRT AND PRIDE FURTHERING VERSHARE'S MISSION OF FOSTERING ECONOMIC, DEVELOPMENT BY PROMOTING AND PROVIDING A MARKET FOR VERSHARE MADE PRODUCTS AND CONTIGUOUS COMMUNITES.$0$4,447
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AARON HOOPESBoard Member-$0--
SHIRLEY COLLINSVice President-$0--
JUSTIN WILLPresident-$0--
ELEANOR ZUESecretary-$0--
KAREEN OBYDOL-ALEXANDREBoard Member-$0--
ROSIE WAWRZYNIAKBoard Member-$0--
JAMIE SHECHTMANTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Vershare
EIN
03-0356227
Phone
8026859982
Address
PO BOX 112, VERSHIRE, VT 05079

Signing Officer

Name
Jamie Shechtman
Title
Treasurer
Phone
8026859982
Signed
2024-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Am Peisch & Company Llp
Address
24 AIRPORT ROAD SUITE 402, WEST LEBANON, NH 03784-1663
Preparer
Brooks a Teel CPA
Phone
6033060100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 6,624. Returns and allowances: 0. Less cost of goods sold: 4,447. Gross profit: 2,177. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 4,447. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 4,447.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: hostel - church orr house. Amount: 11,433.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 4,407. Description: utilities. Amount: 1,190. Description: fuel. Amount: 2,876. Description: maintenance. Amount: 520. Description: property taxes. Amount: 139. Description: miscellaneous. Amount: 1,922. Description: hostel staff. Amount: 1,217. Description: coh exp. Amount: 349. Total to form 990-ez, line 14: 12,620.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: liability insurance. Amount: 4,372. Description: supplies. Amount: 2,335. Description: telephone and internet. Amount: 884. Description: helping hands. Amount: 13. Description: food shelf. Amount: 7,697. Description: program and activities exp. Amount: 3,482. Description: website/advertising. Amount: 238. Description: window dresser. Amount: 4,815. Description: subscriptions. Amount: 1,078. Total to form 990-ez, line 16: 24,914.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other asset. Beg. Of year amount: 44. End of year amount: 44.

Raw XML Appendix194 raw XML fields

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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AARON HOOPES
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ELEANOR ZUE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JAMIE SHECHTMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt044
IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/OtherRevenueTotalAmt011433
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0BUILD COMMUNITY AND PROMOTE LOCAL ECONOMIC DEVELOPMENT
IRS990EZ/PrintingPublicationsPostageAmt0342
IRS990EZ/ProgramServiceRevenueAmt017211
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MADE IN VERSHIRE GENERATED COMMUNITY SPIRT AND PRIDE FURTHERING VERSHARE'S MISSION OF FOSTERING ECONOMIC, DEVELOPMENT BY PROMOTING AND PROVIDING A MARKET FOR VERSHARE MADE PRODUCTS AND CONTIGUOUS COMMUNITES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SUMMER CAMP IS A ONE WEEK FREE TO ALL CHILDREN AGES 5-12 WITH OPPORTUNITIES FOR TEENS TO SERVE AS CAMP COUNSELORS AND EARN COMMUNITY SERVICE CREDIT. THE CAMP IS PARTIALLY SUPPORTED BY THE SNOW-SHOE-ATHON.
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 6,624. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 4,447. GROSS PROFIT: 2,177. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 4,447. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 4,447.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: HOSTEL - CHURCH ORR HOUSE. AMOUNT: 11,433.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 4,407. DESCRIPTION: UTILITIES. AMOUNT: 1,190. DESCRIPTION: FUEL. AMOUNT: 2,876. DESCRIPTION: MAINTENANCE. AMOUNT: 520. DESCRIPTION: PROPERTY TAXES. AMOUNT: 139. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,922. DESCRIPTION: HOSTEL STAFF. AMOUNT: 1,217. DESCRIPTION: COH EXP. AMOUNT: 349. TOTAL TO FORM 990-EZ, LINE 14: 12,620.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: LIABILITY INSURANCE. AMOUNT: 4,372. DESCRIPTION: SUPPLIES. AMOUNT: 2,335. DESCRIPTION: TELEPHONE AND INTERNET. AMOUNT: 884. DESCRIPTION: HELPING HANDS. AMOUNT: 13. DESCRIPTION: FOOD SHELF. AMOUNT: 7,697. DESCRIPTION: PROGRAM AND ACTIVITIES EXP. AMOUNT: 3,482. DESCRIPTION: WEBSITE/ADVERTISING. AMOUNT: 238. DESCRIPTION: WINDOW DRESSER. AMOUNT: 4,815. DESCRIPTION: SUBSCRIPTIONS. AMOUNT: 1,078. TOTAL TO FORM 990-EZ, LINE 16: 24,914.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: OTHER ASSET. BEG. OF YEAR AMOUNT: 44. END OF YEAR AMOUNT: 44.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERSHARE
ReturnHeader/Filer/BusinessNameControlTxt0VERS
ReturnHeader/Filer/EIN0030356227
ReturnHeader/Filer/PhoneNum08026859982
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ReturnHeader/Filer/USAddress/CityNm0VERSHIRE
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030210880
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AM PEISCH & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt024 AIRPORT ROAD SUITE 402
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST LEBANON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0037841663
ReturnHeader/PreparerPersonGrp/PhoneNum06033060100
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BROOKS A TEEL CPA
ReturnHeader/ReturnTs02024-05-13T12:49:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAMIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHECHTMAN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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