Civic Intelligence

Vermont Student Development Fund Inc.

990 • Fiscal year 2013 • EIN 03-0367034

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 06, 2013

PO Box 2000Winooski, VT 05404
Siviq Scores

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

Liabilities / Assets

77th percentile

0.61x

Higher debt load relative to assets than 77% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

80th percentile

1.21x

Higher debt load relative to revenue than 80% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

51st percentile

3.0%

Higher net margin than 51% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

59th percentile

5.9%

Faster asset growth than 59% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$10,190,751

Up $563,672 (+5.9%) from 2012

Net Assets

Up

$3,966,653

Up $463,999 (+13%) from 2012

Liabilities

Up

$6,224,098

Up $99,673 (+1.6%) from 2012

Revenue

$5,140,384

No earlier filing loaded for comparison.

Expenses

Down

$4,985,938

Down $630,259 (-11%) from 2012

Net Income

$154,446

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $9,538,709Liabilities 2011: $6,166,820Net Assets 2011: $3,371,8892011Assets 2012: $9,627,079Liabilities 2012: $6,124,425Net Assets 2012: $3,502,6542012Assets 2013: $10,190,751Liabilities 2013: $6,224,098Net Assets 2013: $3,966,6532013Assets 2014: $10,508,182Liabilities 2014: $5,869,129Net Assets 2014: $4,639,0532014Assets 2015: $10,183,434Liabilities 2015: $5,430,126Net Assets 2015: $4,753,3082015Assets 2016: $11,346,481Liabilities 2016: $6,614,042Net Assets 2016: $4,732,4392016Assets 2017: $11,871,009Liabilities 2017: $6,478,754Net Assets 2017: $5,392,2552017Assets 2018: $12,232,303Liabilities 2018: $6,180,157Net Assets 2018: $6,052,1462018Assets 2019: $14,300,089Liabilities 2019: $7,768,445Net Assets 2019: $6,531,6442019Assets 2020: $16,135,276Liabilities 2020: $8,193,370Net Assets 2020: $7,941,9062020Assets 2021: $18,078,140Liabilities 2021: $8,343,341Net Assets 2021: $9,734,7992021Assets 2022: $17,468,961Liabilities 2022: $8,558,338Net Assets 2022: $8,910,6232022Assets 2023: $21,466,171Liabilities 2023: $11,421,366Net Assets 2023: $10,044,8052023Assets 2024: $25,220,619Liabilities 2024: $12,734,240Net Assets 2024: $12,486,3792024Assets 2025: $24,646,852Liabilities 2025: $10,867,277Net Assets 2025: $13,779,5752025

Highlighted filing

2013

Assets$10,190,751
Liabilities$6,224,098
Net Assets$3,966,653

Operations Trend

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

$20M$15M$10M$5.0M$0Expenses 2011: $5,824,0202011Expenses 2012: $5,616,1972012Revenue 2013: $5,140,384Expenses 2013: $4,985,938Net Income 2013: $154,4462013Revenue 2014: $5,255,227Expenses 2014: $5,126,407Net Income 2014: $128,8202014Revenue 2015: $6,520,733Expenses 2015: $5,679,855Net Income 2015: $840,8782015Revenue 2016: $6,075,229Expenses 2016: $5,977,627Net Income 2016: $97,6022016Revenue 2017: $6,327,939Expenses 2017: $5,687,099Net Income 2017: $640,8402017Revenue 2018: $5,401,555Expenses 2018: $4,967,913Net Income 2018: $433,6422018Revenue 2019: $5,616,274Expenses 2019: $5,443,508Net Income 2019: $172,7662019Revenue 2020: $7,061,675Expenses 2020: $5,999,387Net Income 2020: $1,062,2882020Revenue 2021: $7,934,039Expenses 2021: $7,494,261Net Income 2021: $439,7782021Revenue 2022: $10,359,436Expenses 2022: $9,623,959Net Income 2022: $735,4772022Revenue 2023: $10,461,793Expenses 2023: $9,952,137Net Income 2023: $509,6562023Revenue 2024: $13,719,701Expenses 2024: $13,162,279Net Income 2024: $557,4222024Revenue 2025: $17,494,764Expenses 2025: $16,807,150Net Income 2025: $687,6142025

Highlighted filing

2013

Revenue$5,140,384
Expenses$4,985,938
Net Income$154,446
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 6, 2013
Return Version
2012v2.0
Gross Receipts
$5,760,581
Mission and Program Overview

Mission

The Vermont Scholarship Fund is a 501(c)(3) charitable affiliate of the Vermont Student Assistance Corporation. Our mission is to provide scholarships to Vermonters through gifts from individual donors and philanthropic sources. Together with our donors, we make it possible for more Vermonters to aim higher, go further, and build something better-for themselves, for their family, for their community, and for our shared world. We partner closely with our donors to create scholarship funds that reflect their personal and philanthropic values as well as their financial goals-so they can help open the doors to higher education for others. We administer all scholarships through VSAC, with ongoing support that makes managing a scholarship easy. VSAC currently administers almost $5.8 million in scholarships to some 3,000 Vermonters each year.

Filing and Contact Details

Filer

EIN
03-0367034
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IRS990ScheduleD/CurrentYear/Contributions0102756
IRS990ScheduleD/CurrentYear/EndOfYearBalance04724528
IRS990ScheduleD/CurrentYear/GrantsOrScholarships0138413
IRS990ScheduleD/CurrentYear/InvestmentEarningsOrLosses0432370
IRS990ScheduleD/CurrentYearMinus1Year/AdministrativeExpenses00
IRS990ScheduleD/CurrentYearMinus1Year/BeginningOfYearBalance04266825
IRS990ScheduleD/CurrentYearMinus1Year/Contributions0189125
IRS990ScheduleD/CurrentYearMinus1Year/EndOfYearBalance04327815
IRS990ScheduleD/CurrentYearMinus1Year/GrantsOrScholarships0157300
IRS990ScheduleD/CurrentYearMinus1Year/InvestmentEarningsOrLosses029165
IRS990ScheduleD/CurrentYearMinus1Year/OtherExpenditures00
IRS990ScheduleD/CurrentYearMinus2Years/AdministrativeExpenses00
IRS990ScheduleD/CurrentYearMinus2Years/BeginningOfYearBalance03965986
IRS990ScheduleD/CurrentYearMinus2Years/Contributions053127
IRS990ScheduleD/CurrentYearMinus2Years/EndOfYearBalance04266825
IRS990ScheduleD/CurrentYearMinus2Years/GrantsOrScholarships0231651
IRS990ScheduleD/CurrentYearMinus2Years/InvestmentEarningsOrLosses0479363
IRS990ScheduleD/CurrentYearMinus2Years/OtherExpenditures00
IRS990ScheduleD/CurrentYearMinus3Years/AdministrativeExpenses00
IRS990ScheduleD/CurrentYearMinus3Years/BeginningOfYearBalance03647054
IRS990ScheduleD/CurrentYearMinus3Years/Contributions0261002
IRS990ScheduleD/CurrentYearMinus3Years/EndOfYearBalance03965986
IRS990ScheduleD/CurrentYearMinus3Years/GrantsOrScholarships0195158
IRS990ScheduleD/CurrentYearMinus3Years/InvestmentEarningsOrLosses0253088
IRS990ScheduleD/CurrentYearMinus3Years/OtherExpenditures00
IRS990ScheduleD/CurrentYearMinus4Years/AdministrativeExpenses00
IRS990ScheduleD/CurrentYearMinus4Years/BeginningOfYearBalance04199742
IRS990ScheduleD/CurrentYearMinus4Years/Contributions070593
IRS990ScheduleD/CurrentYearMinus4Years/EndOfYearBalance03647054
IRS990ScheduleD/CurrentYearMinus4Years/GrantsOrScholarships0249244
IRS990ScheduleD/CurrentYearMinus4Years/InvestmentEarningsOrLosses0-374037
IRS990ScheduleD/CurrentYearMinus4Years/OtherExpenditures00
IRS990ScheduleD/CurrentYear/OtherExpenditures00
IRS990ScheduleD/DonatedServicesUseOfFacilities00
IRS990ScheduleD/DonatedSrvcAndUseOfFacilities00
IRS990ScheduleD/EndowmentsHeldByRelatedOrgs00
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$24.6$10.9$13.8$17.5$16.8$0.69
2024Detailed filing. Detailed filing data is available for this year.$25.2$12.7$12.5$13.7$13.2$0.56
2023Detailed filing. Detailed filing data is available for this year.$21.5$11.4$10.0$10.5$9.95$0.51
2022Detailed filing. Detailed filing data is available for this year.$17.5$8.56$8.91$10.4$9.62$0.74
2021Detailed filing. Detailed filing data is available for this year.$18.1$8.34$9.73$7.93$7.49$0.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.1$8.19$7.94$7.06$6.00$1.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$7.77$6.53$5.62$5.44$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$6.18$6.05$5.40$4.97$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$6.48$5.39$6.33$5.69$0.64
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$11.3$6.61$4.73$6.08$5.98$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$5.43$4.75$6.52$5.68$0.84
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$10.5$5.87$4.64$5.26$5.13$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$6.22$3.97$5.14$4.99$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.63$6.12$3.50$5.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.54$6.17$3.37$5.82