Civic Intelligence

Vermont Inaugural Committee Inc

EIN 81-4573528 • 501(c)3 • Barre, VT

Revoked

Profile

Public support of vermont's military, military families and

Revocation date: May 15, 2022

240 S Main StBarre, VT 05641

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

11th percentile

-85%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

21st percentile

-45%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

11th percentile

-73%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$72,045

Down $59,697 (-45%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$72,045

Down $59,697 (-45%) from 2017

Operations
Liabilities / Revenue62nd percentileNet Margin11th percentile

Revenue

Down

$70,535

Down $189,126 (-73%) from 2017

Expenses

Up

$130,232

Up $1,863 (+1.5%) from 2017

Net Income

Down

-$59,697

Down $190,989 (-145%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2016: $58,564Liabilities 2016: $58,114Net Assets 2016: $4502016Assets 2017: $131,742Liabilities 2017: $0Net Assets 2017: $131,7422017Assets 2018: $72,045Liabilities 2018: $0Net Assets 2018: $72,0452018

Highlighted filing

2018

Assets$72,045
Liabilities$0
Net Assets$72,045
Open 2018 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2016: $4502016Revenue 2017: $259,661Expenses 2017: $128,369Net Income 2017: $131,2922017Revenue 2018: $70,535Expenses 2018: $130,232Net Income 2018: -$59,6972018

Highlighted filing

2018

Revenue$70,535
Expenses$130,232
Net Income-$59,697
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,045
Liabilities
$0
Net assets
$72,045
Revenue
$70,535
Expenses
$130,232
Net income
-$59,697
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.71$1.30$0.60
2017Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$2.60$1.28$1.31
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.58$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 3, 2019
Return Version
2018v3.1
Gross Receipts
$126,681
Mission and Program Overview

Mission

Public support of vermont's military, military families and

Public support of vermont's military, military families and economicly vulnerable population through fundraising.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$131,292$71,595▼ $59,697
Prepaid Expenses and Deferred Charges$450$450→ $0
Total Assets$131,742$72,045▼ $59,697
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Deferred Revenue$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$131,742$72,045▼ $59,697
Total Net Assets Fund Balance$131,742$72,045▼ $59,697
Total Liabilities and Net Assets / Fund Balance$131,742$72,045▼ $59,697
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Phil ScottPresident
Richard WobbyVice President
Shannon BillingsSecretary
Thomas LauzonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$66,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$4,535
Change in Net Assets
$-59,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$129,722
Other Expenses$510
Total Fundraising Expense$510
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$129,722--$129,722
Other Expenses$0$0$510$510
Total Functional Expenses$129,722$0$510$130,232
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60,681
Fundraising Direct Expenses$56,146
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Vermont Inaugural Committee Inc
EIN
81-4573528
Phone
8024768673
Address
240 S MAIN ST, BARRE, VT 05641
Doing Business As
Vermonters United to Help

Signing Officer

Name
Thomas Lauzon
Title
Treasurer
Phone
8024768673
Signed
2019-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Lauzon
Formed
2016
Legal Domicile
Vt
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
15

Preparer

Firm
Salvador and Babic PC
Address
PO Box 593, Barre, VT 05641
Preparer
Thomas J Lauzon CPA
Phone
8024768673
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Form 990 is reviewed by the treasurer prior to filing.”

Pt VI, Line 12C

“Compliance is reviewed with directors semi-annually.”

Raw XML Appendix298 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
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt066000
IRS990/FundraisingDirectExpensesAmt056146
IRS990/FundraisingGrossIncomeAmt060681
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0129722
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0129722
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0126681
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
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IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0INSURANCE
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0450
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IRS990/ProfessionalFundraisingInd0false
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IRS990/PYGrantsAndSimilarPaidAmt0128369
IRS990/PYOtherRevenueAmt0259661
IRS990/PYRevenuesLessExpensesAmt0131292
IRS990/PYTotalExpensesAmt0128369
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-59697
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IRS990/ReportLandBuildingEquipmentInd0false
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/Filer/BusinessNameControlTxt0VERM
ReturnHeader/Filer/EIN0814573528
ReturnHeader/Filer/PhoneNum08024768673
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ReturnHeader/Filer/USAddress/ZIPCd005641
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ReturnHeader/FilingSecurityInformation/IPTm016:06:16
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 593
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Barre
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005641
ReturnHeader/PreparerPersonGrp/PhoneNum08024768673
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS J LAUZON CPA
ReturnHeader/ReturnTs02019-11-06T16:06:23-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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