Civic Intelligence

Vt-Hec Inc.

990 • Fiscal year 2021 • EIN 27-3343277

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 09, 2022

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

57th percentile

0.11x

Higher debt load relative to assets than 57% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

49th percentile

0.09x

Higher debt load relative to revenue than 49% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

53rd percentile

14%

Higher net margin than 53% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

76th percentile

$116,052

Higher top officer pay than 76% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

35th percentile

3.0%

Faster asset growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

40th percentile

4.7%

Faster revenue growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$1,187,201

Up $34,324 (+3.0%) from 2020

Net Assets

Up

$1,057,251

Up $211,415 (+25%) from 2020

Liabilities

Down

$129,950

Down $177,091 (-58%) from 2020

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin53rd percentile

Revenue

Up

$1,487,327

Up $66,332 (+4.7%) from 2020

Expenses

Down

$1,275,912

Down $203,075 (-14%) from 2020

Net Income

Up

$211,415

Up $269,407 (+465%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth35th 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

2021

Assets$1,187,201
Liabilities$129,950
Net Assets$1,057,251
Open 2021 Filing

Operations Trend

Revenue Growth40th 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

2021

Revenue$1,487,327
Expenses$1,275,912
Net Income$211,415
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 9, 2022
Return Version
2020v4.0
Gross Receipts
$1,487,327
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$486,888$492,278▲ $5,390
Savings and Temporary Cash Investments$557,963$375,979▼ $181,984
Accounts Receivable$108,026$318,944▲ $210,918
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$1,152,877$1,187,201▲ $34,324
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$141,700--
Deferred Revenue$85,921$66,945▼ $18,976
Other Liabilities$62,565$55,805▼ $6,760
Accounts Payable and Accrued Expenses$16,855$7,200▼ $9,655
Total Liabilities$307,041$129,950▼ $177,091
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$845,836$1,057,251▲ $211,415
Total Net Assets Fund Balance$845,836$1,057,251▲ $211,415
Total Liabilities and Net Assets / Fund Balance$1,152,877$1,187,201▲ $34,324
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dennis KaneExecutive DirectorPT$104,195$11,857$116,052

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
$393,058
Program Service Revenue
$1,088,615
Investment Income
$5,654
Other Revenue
$0
All Other Contributions
$393,058
Change in Net Assets
$211,415

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,487,327
Total Revenue per Audited Statements
$1,487,327
Total Revenue per Form 990
$1,487,327
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$667,317
Other Expenses$608,595
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$338,083$125,491-$463,574
Current Officers, Directors, Trustees, and Key Employees$47,883$47,883-$95,766
Payroll Taxes$36,065$14,766-$50,831
Fees for Services Accounting-$50,764-$50,764
Other Employee Benefits$22,217$10,357-$32,574
Pension Plan Contributions$15,534$9,038-$24,572
Information Technology$7,132$13,259-$20,391
Occupancy-$12,360-$12,360
Insurance$8,610$3,168-$11,778
Office Expenses$4,029$5,946-$9,975
All Other Expenses$2,502$1,580-$4,082
Advertising$2,019$1,852-$3,871
Other Expenses$19,598$1,215-$1,215
Total Functional Expenses$978,233$297,679$0$1,275,912

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,275,912
Total Expenses per Audited Statements$1,275,912
Total Expenses per Form 990$1,275,912
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$55,805
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
2022-03-09
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.”

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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01057251
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IRS990/OccupancyGrp/ManagementAndGeneralAmt012360
IRS990/OccupancyGrp/TotalAmt012360
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05946
IRS990/OfficeExpensesGrp/ProgramServicesAmt04029
IRS990/OfficeExpensesGrp/TotalAmt09975
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010357
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022217
IRS990/OtherEmployeeBenefitsGrp/TotalAmt032574
IRS990/OtherExpensesGrp/Desc0CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc1TUITION CREDITS
IRS990/OtherExpensesGrp/Desc2PAYPAL & CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01215
IRS990/OtherExpensesGrp/ProgramServicesAmt0250791
IRS990/OtherExpensesGrp/ProgramServicesAmt1223770
IRS990/OtherExpensesGrp/ProgramServicesAmt219598
IRS990/OtherExpensesGrp/TotalAmt0250791
IRS990/OtherExpensesGrp/TotalAmt1223770
IRS990/OtherExpensesGrp/TotalAmt219598
IRS990/OtherExpensesGrp/TotalAmt31215
IRS990/OtherLiabilitiesGrp/BOYAmt062565
IRS990/OtherLiabilitiesGrp/EOYAmt055805
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0125491
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0338083
IRS990/OtherSalariesAndWagesGrp/TotalAmt0463574
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014766
IRS990/PayrollTaxesGrp/ProgramServicesAmt036065
IRS990/PayrollTaxesGrp/TotalAmt050831
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09038
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015534
IRS990/PensionPlanContributionsGrp/TotalAmt024572
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0DENNIS KANE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01088615
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01088615
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09632
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0720813
IRS990/PYProgramServiceRevenueAmt01401363
IRS990/PYRevenuesLessExpensesAmt0-57992
IRS990/PYSalariesCompEmpBnftPaidAmt0758174
IRS990/PYTotalExpensesAmt01478987
IRS990/PYTotalRevenueAmt01420995
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0211415
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01088615
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0557963
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0375979
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0393058
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0235
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0413543
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05654
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09632
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05475
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02448
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt023209
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01088615
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01401363
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01525152
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01254641
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01195260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06465031
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05654
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09632
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05475
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02448
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt023209
IRS990ScheduleA/InvestmentIncomeCYPct00.00340
IRS990ScheduleA/InvestmentIncomePYPct00.00270
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99660
IRS990ScheduleA/PublicSupportPY509Pct00.99730
IRS990ScheduleA/PublicSupportTotal509Amt06878574
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01481673
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01411363
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01535152
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01254876
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01195510
IRS990ScheduleA/Total509Grp/TotalAmt06878574
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01487327
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01420995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01540627
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01257324
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01195510
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06901783
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01275912
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt055805
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0accrued wages & taxes
IRS990ScheduleD/RevenueSubtotalAmt01487327
IRS990ScheduleD/TotalExpensesPerForm990Amt01275912
IRS990ScheduleD/TotalLiabilityAmt055805
IRS990ScheduleD/TotalRevenuePerForm990Amt01487327
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01487327
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01275912
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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/TotalAssetsBOYAmt01152877
IRS990/TotalAssetsEOYAmt01187201

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,187,201
Liabilities
$129,950
Net assets
$1,057,251
Revenue
$1,487,327
Expenses
$1,275,912
Net income
$211,415
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
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$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