Civic Intelligence

Southeast Vermont Community Learning Collaborative

990 • Fiscal year 2016 • EIN 03-0372419

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 15, 2016

PO Box 300Brattleboro, VT 05302

(802) 257-8600

Siviq Scores

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

Liabilities / Assets

85th percentile

0.32x

Higher debt load relative to assets than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

0.33x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

39th percentile

-0.6%

Higher net margin than 39% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

41st percentile

-2.1%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

38th percentile

-6.9%

Faster revenue growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$277,543

Down $5,936 (-2.1%) from 2015

Net Assets

Down

$189,064

Down $1,634 (-0.9%) from 2015

Liabilities

Down

$88,479

Down $4,302 (-4.6%) from 2015

Revenue

Down

$266,630

Down $19,662 (-6.9%) from 2015

Expenses

Down

$268,264

Down $38,891 (-13%) from 2015

Net Income

Up

-$1,634

Up $19,229 (+92%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $513,757Liabilities 2011: $13,753Net Assets 2011: $500,0042011Assets 2012: $509,182Liabilities 2012: $27,729Net Assets 2012: $481,4532012Assets 2013: $523,436Liabilities 2013: $104,715Net Assets 2013: $418,7212013Assets 2014: $314,099Liabilities 2014: $102,538Net Assets 2014: $211,5612014Assets 2015: $283,479Liabilities 2015: $92,781Net Assets 2015: $190,6982015Assets 2016: $277,543Liabilities 2016: $88,479Net Assets 2016: $189,0642016Assets 2017: $226,834Liabilities 2017: $104,190Net Assets 2017: $122,6442017Assets 2018: $308,164Liabilities 2018: $3,654Net Assets 2018: $304,5102018Assets 2019: $286,420Liabilities 2019: $1,291Net Assets 2019: $285,1292019Assets 2020: $240,903Liabilities 2020: $2,589Net Assets 2020: $238,3142020Assets 2021: $209,173Liabilities 2021: $1,969Net Assets 2021: $207,2042021Assets 2022: $230,977Liabilities 2022: $777Net Assets 2022: $230,2002022Assets 2023: $331,688Liabilities 2023: $1,466Net Assets 2023: $330,2222023Assets 2024: $186,780Liabilities 2024: $14,322Net Assets 2024: $172,4582024Assets 2025: $175,659Liabilities 2025: $6,778Net Assets 2025: $168,8812025

Highlighted filing

2016

Assets$277,543
Liabilities$88,479
Net Assets$189,064

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $697,560Expenses 2011: $707,292Net Income 2011: -$9,7322011Expenses 2012: $721,1782012Revenue 2013: $488,336Expenses 2013: $551,068Net Income 2013: -$62,7322013Revenue 2014: $521,865Expenses 2014: $729,025Net Income 2014: -$207,1602014Revenue 2015: $286,292Expenses 2015: $307,155Net Income 2015: -$20,8632015Revenue 2016: $266,630Expenses 2016: $268,264Net Income 2016: -$1,6342016Revenue 2017: $89,384Expenses 2017: $179,042Net Income 2017: -$89,6582017Revenue 2018: $281,115Expenses 2018: $99,249Net Income 2018: $181,8662018Revenue 2019: $57,933Expenses 2019: $77,314Net Income 2019: -$19,3812019Revenue 2020: $58,336Expenses 2020: $105,151Net Income 2020: -$46,8152020Revenue 2021: $33,236Expenses 2021: $64,346Net Income 2021: -$31,1102021Revenue 2022: $162,895Expenses 2022: $134,835Net Income 2022: $28,0602022Revenue 2023: $225,480Expenses 2023: $125,458Net Income 2023: $100,0222023Revenue 2024: $159,998Expenses 2024: $318,281Net Income 2024: -$158,2832024Revenue 2025: $384,730Expenses 2025: $388,307Net Income 2025: -$3,5772025

Highlighted filing

2016

Revenue$266,630
Expenses$268,264
Net Income-$1,634
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 15, 2016
Return Version
2015v2.0
Gross Receipts
$266,630
Mission and Program Overview

Mission

To coordinate and to provide varied educational resources including, but not limited to, professional learning for educators, lifelong learning opportunities, and programs for students throughout our region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivables From Officers Etc$195,051$170,074▼ $24,977
Land, Buildings, and Equipment, Net$50,810$60,361▲ $9,551
Accounts Receivable$35,483$35,479▼ $4
Cash and Non-Interest-Bearing Accounts$2,135$9,294▲ $7,159
Savings and Temporary Cash Investments-$2,335-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$283,479$277,543▼ $5,936
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$88,203$81,148▼ $7,055
Accounts Payable and Accrued Expenses$4,578$7,331▲ $2,753
Total Liabilities$92,781$88,479▼ $4,302
Net Assets / Fund Balance
Unrestricted Net Assets$190,698$189,064▼ $1,634
Total Net Assets Fund Balance$190,698$189,064▼ $1,634
Total Liabilities and Net Assets / Fund Balance$283,479$277,543▼ $5,936

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$49,309$9,390$58,699
Equipment$1,983$21,327$23,310
Leasehold Improvements$4,069$16,452$20,521
Land$5,000-$5,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amelia StonePresident
Diana LawrenceDirector
Emily HartzDirector
Jeannie CrosbyDirector
Lyn HaasDirector
Paul SmithSec. & Treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$167,727
Program Service Revenue
$92,594
Investment Income
$8
Other Revenue
$6,301
All Other Contributions
$9,844
Change in Net Assets
$-1,634
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$170,699
Salaries, Compensation, and Employee Benefits$97,565
Total Fundraising Expense$12,911
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$63,099$18,028$9,014$90,141
All Other Expenses$9,891$7,814$743$18,448
Travel$11,354$3,244$1,622$16,220
Insurance-$9,327-$9,327
Payroll Taxes$5,197$1,485$742$7,424
Occupancy-$5,660-$5,660
Other Expenses$5,530$5,282$790$5,282
Interest-$5,173-$5,173
Fees for Services Accounting-$4,413-$4,413
Depreciation Depletion-$2,745-$2,745
Fees for Services Other-$786-$786
Total Functional Expenses$189,816$65,537$12,911$268,264
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$195,051$170,074▼ $24,977
Receivables from Disqualified Persons-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Form 990 is submitted to the bookkeeper, Sandra Pinger, for initial review. The Board of Directors then reviews the return prior to filing and availability to the public.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Comparability data is used from similar organizations in Vermont and nationally.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Comparability data is used from similar organizations in Vermont and nationally.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Access to the vermont learning collaborative, inc.'s governing documents is available upon request.

Filing and Contact Details

Filer

Filer Name
Vermont Learning Collaborative Inc
EIN
03-0372419
Phone
8022578600
Address
PO BOX 300, BRATTLEBORO, VT 05302

Signing Officer

Name
Paul Smith
Title
Sec. & Treas.
Signed
2016-12-15
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Vt
Voting Board Members
6
Independent Board Members
5
Employees
5
Volunteers
4

Preparer

Firm
Pieciak & Company PC
Address
PO BOX 797, Brattleboro, VT 05302-0797
Preparer
Timothy C Fogg CPA
Phone
8022571307
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt373717
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11020
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2690
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt373717
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0185807
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-61
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0175803
IRS990/PYOtherRevenueAmt09015
IRS990/PYProgramServiceRevenueAmt091531
IRS990/PYRevenuesLessExpensesAmt0-20863
IRS990/PYSalariesCompEmpBnftPaidAmt0131352
IRS990/PYTotalExpensesAmt0307155
IRS990/PYTotalRevenueAmt0286292
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0195051
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0170074
IRS990/ReconcilationRevenueExpnssAmt0-1634
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt05278
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02335
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0167727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0185743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0373591
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0361920
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0504839
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01593820
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05286
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt08244
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06366
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05378
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09041
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt034315
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77750
IRS990ScheduleA/PublicSupportPY170Pct00.74110
IRS990ScheduleA/PublicSupportTotal170Amt01265883
IRS990ScheduleA/SubstantialContributorsTotAmt0327937
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0167727
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0185743
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0373591
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0361920
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0504839
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01593820
IRS990ScheduleA/TotalSupportAmt01628135
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt049309
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09390
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt058699
IRS990ScheduleD/EquipmentGrp/BookValueAmt01983
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021327
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023310
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04069
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016452
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt020521
IRS990ScheduleD/TotalBookValueLandBuildingsAmt060361
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0365779
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CHARLES MURROW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXEC DIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is submitted to the bookkeeper, Sandra Pinger, for initial review. The Board of Directors then reviews the return prior to filing and availability to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Comparability data is used from similar organizations in Vermont and nationally.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Comparability data is used from similar organizations in Vermont and nationally.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCESS TO THE VERMONT LEARNING COLLABORATIVE, INC.'S GOVERNING DOCUMENTS IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0283479
IRS990/TotalAssetsEOYAmt0277543
IRS990/TotalAssetsGrp/BOYAmt0283479
IRS990/TotalAssetsGrp/EOYAmt0277543
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0167727
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012911
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065537
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0189816
IRS990/TotalFunctionalExpensesGrp/TotalAmt0268264
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt092781
IRS990/TotalLiabilitiesEOYAmt088479
IRS990/TotalLiabilitiesGrp/BOYAmt092781
IRS990/TotalLiabilitiesGrp/EOYAmt088479
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0190698
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0189064
IRS990/TotalProgramServiceExpensesAmt0189816
IRS990/TotalProgramServiceRevenueAmt092594
IRS990/TotalRevenueGrp/ExclusionAmt05286
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt093617

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.07$1.69$3.85$3.88$0.04
2024Detailed filing. Detailed filing data is available for this year.$1.87$0.14$1.72$1.60$3.18$1.58
2023Detailed filing. Detailed filing data is available for this year.$3.32$0.01$3.30$2.25$1.25$1.00
2022Detailed filing. Detailed filing data is available for this year.$2.31$0.01$2.30$1.63$1.35$0.28
2021Detailed filing. Detailed filing data is available for this year.$2.09$0.02$2.07$0.33$0.64$0.31
2020Detailed filing. Detailed filing data is available for this year.$2.41$0.03$2.38$0.58$1.05$0.47
2019Detailed filing. Detailed filing data is available for this year.$2.86$0.01$2.85$0.58$0.77$0.19
2018Detailed filing. Detailed filing data is available for this year.$3.08$0.04$3.05$2.81$0.99$1.82
2017Detailed filing. Detailed filing data is available for this year.$2.27$1.04$1.23$0.89$1.79$0.90
2016Detailed filing. Detailed filing data is available for this year.$2.78$0.88$1.89$2.67$2.68$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.83$0.93$1.91$2.86$3.07$0.21
2014Summary only. Only limited summary data is available for this year.$3.14$1.03$2.12$5.22$7.29$2.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.23$1.05$4.19$4.88$5.51$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.09$0.28$4.81$7.21
2011Summary only. Only limited summary data is available for this year.$5.14$0.14$5.00$6.98$7.07$0.10