Civic Intelligence

Vt-Hec Inc.

990 • Fiscal year 2020 • EIN 27-3343277

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 13, 2021

Organization Profilewww.vthec.org

View Organization Page

2 Prospect StreetMontpelier, VT 05602

(802) 454-7712

Siviq Scores

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

Liabilities / Assets

68th percentile

0.27x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.22x

Higher debt load relative to revenue than 61% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

29th percentile

-4.1%

Higher net margin than 29% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

73rd percentile

$110,265

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

68th percentile

16%

Faster asset growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-7.8%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$1,152,877

Up $162,509 (+16%) from 2019

Net Assets

Down

$845,836

Down $57,992 (-6.4%) from 2019

Liabilities

Up

$307,041

Up $220,501 (+255%) from 2019

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin29th percentile

Revenue

Down

$1,420,995

Down $119,632 (-7.8%) from 2019

Expenses

Up

$1,478,987

Up $29,562 (+2.0%) from 2019

Net Income

Down

-$57,992

Down $149,194 (-164%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $275,130Liabilities 2012: $106,906Net Assets 2012: $168,2242012Assets 2013: $369,084Liabilities 2013: $59,205Net Assets 2013: $309,8792013Assets 2014: $310,138Liabilities 2014: $22,330Net Assets 2014: $287,8082014Assets 2015: $492,296Liabilities 2015: $134,737Net Assets 2015: $357,5592015Assets 2016: $707,524Liabilities 2016: $146,150Net Assets 2016: $561,3742016Assets 2017: $804,196Liabilities 2017: $101,495Net Assets 2017: $702,7012017Assets 2018: $901,085Liabilities 2018: $88,459Net Assets 2018: $812,6262018Assets 2019: $990,368Liabilities 2019: $86,540Net Assets 2019: $903,8282019Assets 2020: $1,152,877Liabilities 2020: $307,041Net Assets 2020: $845,8362020Assets 2021: $1,187,201Liabilities 2021: $129,950Net Assets 2021: $1,057,2512021Assets 2022: $1,501,110Liabilities 2022: $284,005Net Assets 2022: $1,217,1052022

Highlighted filing

2020

Assets$1,152,877
Liabilities$307,041
Net Assets$845,836
Open 2020 Filing

Operations Trend

Revenue Growth36th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $826,0322012Expenses 2013: $862,5542013Revenue 2014: $832,258Expenses 2014: $854,329Net Income 2014: -$22,0712014Revenue 2015: $1,036,229Expenses 2015: $966,478Net Income 2015: $69,7512015Revenue 2016: $1,185,885Expenses 2016: $982,070Net Income 2016: $203,8152016Revenue 2017: $1,195,510Expenses 2017: $1,054,183Net Income 2017: $141,3272017Revenue 2018: $1,257,324Expenses 2018: $1,147,399Net Income 2018: $109,9252018Revenue 2019: $1,540,627Expenses 2019: $1,449,425Net Income 2019: $91,2022019Revenue 2020: $1,420,995Expenses 2020: $1,478,987Net Income 2020: -$57,9922020Revenue 2021: $1,487,327Expenses 2021: $1,275,912Net Income 2021: $211,4152021Revenue 2022: $1,554,968Expenses 2022: $1,395,114Net Income 2022: $159,8542022

Highlighted filing

2020

Revenue$1,420,995
Expenses$1,478,987
Net Income-$57,992
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 13, 2021
Return Version
2019v5.0
Gross Receipts
$1,420,995
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$447,924$557,963▲ $110,039
Cash and Non-Interest-Bearing Accounts$418,118$486,888▲ $68,770
Accounts Receivable$124,326$108,026▼ $16,300
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$990,368$1,152,877▲ $162,509
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$141,700-
Deferred Revenue$25,580$85,921▲ $60,341
Other Liabilities$44,964$62,565▲ $17,601
Accounts Payable and Accrued Expenses$15,996$16,855▲ $859
Total Liabilities$86,540$307,041▲ $220,501
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$903,828$845,836▼ $57,992
Total Net Assets Fund Balance$903,828$845,836▼ $57,992
Total Liabilities and Net Assets / Fund Balance$990,368$1,152,877▲ $162,509
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dennis KaneExecutive DirectorPT$100,809$9,456$110,265

Board Members and Trustees

NameTitle
Andrea WassonChairman
Alicia LyfordDirector
Casey MurrowDirector
Dillon BurnsDirector
Laurie GossensDirector
Nancy SugarmanDirector
Sarah TetzlaffDirector
Vicki WellsDirector
Nancy ThomasVP/Treas/Sec
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$1,401,363
Investment Income
$9,632
Other Revenue
$0
All Other Contributions
$10,000
Change in Net Assets
$-57,992

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,420,995
Total Revenue per Audited Statements
$1,420,995
Total Revenue per Form 990
$1,420,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$758,174
Other Expenses$720,813
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$452,260$113,320-$565,580
Current Officers, Directors, Trustees, and Key Employees$47,883$47,883-$95,766
Fees for Services Accounting$200$53,300-$53,500
Payroll Taxes$38,261$12,771-$51,032
Other Employee Benefits$20,762$9,509-$30,271
Other Expenses$19,353--$19,353
All Other Expenses$10,802$6,939-$17,741
Insurance$11,902$3,837-$15,739
Pension Plan Contributions$10,142$5,383-$15,525
Information Technology$441$13,693-$14,134
Occupancy-$12,360-$12,360
Travel$10,629$1,500-$12,129
Office Expenses$4,368$3,460-$7,828
Advertising-$1,800-$1,800
Total Functional Expenses$1,193,232$285,755$0$1,478,987

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,478,987
Total Expenses per Audited Statements$1,478,987
Total Expenses per Form 990$1,478,987
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 Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
accrued wages & taxes$62,565
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
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, Part VI, Line 11B: Form 990 Review Process

“The form 990 will be reviewed by fothergill segale & valley, cpas and the executive director for vt-hec prior to submitting to the irs. The copy of the 990 will be available to all board members.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The monitoring and enforcement of the conflicts of interest policy is outlined in the corporate by-laws.”

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

“The executive director's salary is reviewed and approved by the board of directors.”

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

“Other officers or key employees compensation is determined and approved by the executive director and program coordinator. The amounts are substantiated by written contracts.”

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

“Disclosure of governing documents, policies and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Vt-hec Inc
EIN
27-3343277
Phone
8024547712
Address
2 PROSPECT STREET, MONTPELIER, VT 05602

Signing Officer

Name
Dennis Kane
Title
Executive Director
Signed
2021-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Kane
Formed
2009
Legal Domicile
Vt
Voting Board Members
9
Independent Board Members
9
Employees
50

Preparer

Firm
Fothergill Segale & Valley CPAs
Address
143 Barre Street, Montpelier, VT 05602
Preparer
Michael L Segale CPA
Phone
8022236261
Supplemental Narrative

Additional Explanations

Mission or Most Significant Activities

“The organization's mission or most significant actitivies include offering professional development opportunities, such as sequences of graduate courses, workshops, conferences and individualy planned school support to educators and others to address critical personnel needs and staff shortages in schools. The goal of vt-hec is to gather expertise from a variety of sources and facilitate collaboration to develop and deliver programs of professional development and school improvement. The programs of vt-hec focus on areas of unmet need in education and human services in order to increase the availability of qualified and well-trained staff that can help ensure the educational needs of all students are met.”

Raw XML AppendixShowing 400 of 464 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015996
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016855
IRS990/AccountsReceivableGrp/BOYAmt0124326
IRS990/AccountsReceivableGrp/EOYAmt0108026
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01800
IRS990/AdvertisingGrp/TotalAmt01800
IRS990/AllOtherContributionsAmt010000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06939
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010802
IRS990/AllOtherExpensesGrp/TotalAmt017741
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0FOTHERGILL SEGALE VALLEY CPA
IRS990/BooksInCareOfDetail/PhoneNum08022236261
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0143 BARRE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MONTPELIER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd005602
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0418118
IRS990/CashNonInterestBearingGrp/EOYAmt0486888
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt047883
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt047883
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt095766
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt09632
IRS990/CYOtherExpensesAmt0720813
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01401363
IRS990/CYRevenuesLessExpensesAmt0-57992
IRS990/CYSalariesCompEmpBnftPaidAmt0758174
IRS990/CYTotalExpensesAmt01478987
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01420995
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt025580
IRS990/DeferredRevenueGrp/EOYAmt085921
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0VT-HEC, INC. IS A COLLABORATIVE OFFERING PROFESSIONAL DEVELOPMENT OPPORTUNITIES, SUCH AS SEQUENCES OF GRADUATE COURSES, WORKSHOPS, CONFERENCES AND INDIVIDUALLY PLANNED SCHOOL SUPPORT TO EDUCATORS AND OTHERS TO ADDRESS CRITICAL PERSONNEL NEEDS AND STAFF SHORTAGES IN SCHOOLS. WE CONTINUE TO ACHIEVE OUR GOALS BY FOCUSING ON AREAS OF UNMET NEED IN EDUCATION AND HUMAN SERVICES IN ORDER TO INCREASE THE AVAILABILITY OF QUALIFIED AND WELL-TRAINED STAFF THAT CAN HELP ENSURE THE EDUCATIONAL NEEDS OF ALL STUDENTS ARE MET.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt050
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01193232
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt053300
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0200
IRS990/FeesForServicesAccountingGrp/TotalAmt053500
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt030.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.35
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.35
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.35
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.35
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.35
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.35
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.35
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.35
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.35
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt09456
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0DENNIS KANE
IRS990/Form990PartVIISectionAGrp/PersonNm1LAURIE GOSSENS
IRS990/Form990PartVIISectionAGrp/PersonNm2DILLON BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm3ALICIA LYFORD
IRS990/Form990PartVIISectionAGrp/PersonNm4NANCY SUGARMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5VICKI WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm6CASEY MURROW
IRS990/Form990PartVIISectionAGrp/PersonNm7SARAH TETZLAFF
IRS990/Form990PartVIISectionAGrp/PersonNm8ANDREA WASSON
IRS990/Form990PartVIISectionAGrp/PersonNm9NANCY THOMAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0100809
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP/Treas/Sec
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01420995
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt013693
IRS990/InformationTechnologyGrp/ProgramServicesAmt0441
IRS990/InformationTechnologyGrp/TotalAmt014134
IRS990/InsuranceGrp/ManagementAndGeneralAmt03837
IRS990/InsuranceGrp/ProgramServicesAmt011902
IRS990/InsuranceGrp/TotalAmt015739
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt09632
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09632
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0VT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0141700
IRS990/NetAssetsOrFundBalancesBOYAmt0903828
IRS990/NetAssetsOrFundBalancesEOYAmt0845836
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0903828
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0845836
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt012360
IRS990/OccupancyGrp/TotalAmt012360
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03460
IRS990/OfficeExpensesGrp/ProgramServicesAmt04368
IRS990/OfficeExpensesGrp/TotalAmt07828
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09509
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020762
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030271
IRS990/OtherExpensesGrp/Desc0TUITION CREDITS
IRS990/OtherExpensesGrp/Desc1CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc2FACILITY RENTAL
IRS990/OtherExpensesGrp/Desc3PAYPAL & CREDIT CARD FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt0249185
IRS990/OtherExpensesGrp/ProgramServicesAmt1193017
IRS990/OtherExpensesGrp/ProgramServicesAmt2124027
IRS990/OtherExpensesGrp/ProgramServicesAmt319353
IRS990/OtherExpensesGrp/TotalAmt0249185
IRS990/OtherExpensesGrp/TotalAmt1193017
IRS990/OtherExpensesGrp/TotalAmt2124027
IRS990/OtherExpensesGrp/TotalAmt319353
IRS990/OtherLiabilitiesGrp/BOYAmt044964
IRS990/OtherLiabilitiesGrp/EOYAmt062565
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0113320
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0452260
IRS990/OtherSalariesAndWagesGrp/TotalAmt0565580
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012771
IRS990/PayrollTaxesGrp/ProgramServicesAmt038261
IRS990/PayrollTaxesGrp/TotalAmt051032
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05383
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010142
IRS990/PensionPlanContributionsGrp/TotalAmt015525
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0DENNIS KANE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01401363
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01401363
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05475
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0752593
IRS990/PYProgramServiceRevenueAmt01525152
IRS990/PYRevenuesLessExpensesAmt091202
IRS990/PYSalariesCompEmpBnftPaidAmt0696832
IRS990/PYTotalExpensesAmt01449425
IRS990/PYTotalRevenueAmt01540627
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-57992
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01401363
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0447924
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0557963
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0235
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01245
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt021730
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt09632
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05475
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02448
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt017555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01401363
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01525152
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01254641
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01195260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01184639
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06561055
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt09632
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05475
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02448
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt017555
IRS990ScheduleA/InvestmentIncomeCYPct00.00270
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99730
IRS990ScheduleA/PublicSupportPY509Pct00.99870
IRS990ScheduleA/PublicSupportTotal509Amt06582785
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01411363
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01535152
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01254876
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01195510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01185884
IRS990ScheduleA/Total509Grp/TotalAmt06582785
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01420995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01540627
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01257324
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01195510
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01185884
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06600340
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01478987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt062565
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0accrued wages & taxes
IRS990ScheduleD/RevenueSubtotalAmt01420995
IRS990ScheduleD/TotalExpensesPerForm990Amt01478987
IRS990ScheduleD/TotalLiabilityAmt062565
IRS990ScheduleD/TotalRevenuePerForm990Amt01420995
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01420995
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01478987
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE REVIEWED BY FOTHERGILL SEGALE & VALLEY, CPAS AND THE EXECUTIVE DIRECTOR FOR VT-HEC PRIOR TO SUBMITTING TO THE IRS. THE COPY OF THE 990 WILL BE AVAILABLE TO ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MONITORING AND ENFORCEMENT OF THE CONFLICTS OF INTEREST POLICY IS OUTLINED IN THE CORPORATE BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER OFFICERS OR KEY EMPLOYEES COMPENSATION IS DETERMINED AND APPROVED BY THE EXECUTIVE DIRECTOR AND PROGRAM COORDINATOR. THE AMOUNTS ARE SUBSTANTIATED BY WRITTEN CONTRACTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DISCLOSURE OF GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTITIVIES INCLUDE OFFERING PROFESSIONAL DEVELOPMENT OPPORTUNITIES, SUCH AS SEQUENCES OF GRADUATE COURSES, WORKSHOPS, CONFERENCES AND INDIVIDUALY PLANNED SCHOOL SUPPORT TO EDUCATORS AND OTHERS TO ADDRESS CRITICAL PERSONNEL NEEDS AND STAFF SHORTAGES IN SCHOOLS. THE GOAL OF VT-HEC IS TO GATHER EXPERTISE FROM A VARIETY OF SOURCES AND FACILITATE COLLABORATION TO DEVELOP AND DELIVER PROGRAMS OF PROFESSIONAL DEVELOPMENT AND SCHOOL IMPROVEMENT. THE PROGRAMS OF VT-HEC FOCUS ON AREAS OF UNMET NEED IN EDUCATION AND HUMAN SERVICES IN ORDER TO INCREASE THE AVAILABILITY OF QUALIFIED AND WELL-TRAINED STAFF THAT CAN HELP ENSURE THE EDUCATIONAL NEEDS OF ALL STUDENTS ARE MET.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5MISSION OR MOST SIGNIFICANT ACTIVITIES
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0990368
IRS990/TotalAssetsEOYAmt01152877
IRS990/TotalAssetsGrp/BOYAmt0990368

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,152,877
Liabilities
$307,041
Net assets
$845,836
Revenue
$1,420,995
Expenses
$1,478,987
Net income
-$57,992
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.28$1.22$1.55$1.40$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.13$1.06$1.49$1.28$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.31$0.85$1.42$1.48$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.09$0.90$1.54$1.45$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.09$0.81$1.26$1.15$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.10$0.70$1.20$1.05$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.15$0.56$1.19$0.98$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.13$0.36$1.04$0.97$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.02$0.29$0.83$0.85$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.06$0.31$0.86
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.11$0.17$0.83