MENTOR Vermont Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

Chad Butt

Phone

8026581888

Tax Period

2023-07-01 to 2024-06-30

MENTOR Vermont Inc, founded in 2003, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 5% surplus.

Mission

Empowering youth by providing support and resources to the youth mentoring field in Vermont to strengthen the quality and broaden the reach of mentoring relationships in our communities.

Program Service Accomplishments

Program 1

Expenses: $659,648

Increasing Sustainable Investment in Mentoring: Building awareness and establishing meaningful partnerships with a diverse array of changemakers to share in the advancement of mentoring and secure...

Increasing Sustainable Investment in Mentoring: Building awareness and establishing meaningful partnerships with a diverse array of changemakers to share in the advancement of mentoring and secure the necessary funding to build mentoring capacity and meet community needs. MENTOR Vermont provides annual funding directly to youth mentoring agencies, investing in the creation and support of quality, long-term youth mentoring relationships.

Program 2

Expenses: $72,009

Enhancing Public Will:Motivating civic leaders, employers, and individual stakeholders to prioritize and participate in ensuring all young people have access to supportive mentoring relationships...

Enhancing Public Will:Motivating civic leaders, employers, and individual stakeholders to prioritize and participate in ensuring all young people have access to supportive mentoring relationships throughout Vermont. MENTOR Vermont strategically leverages social channels, earned media, marketing materials, storytelling, and public events to convey diverse and authentic representation of youth mentoring. Building awareness is thoughtfully planned to destigmatize, inform, and inspire more Vermonters to get involved in youth mentoring.

Program 3

Expenses: $104,770 Revenue: $29,667

Centering Quality: Identifying, promoting, and driving the implementation of evidence-based practices combined with community wisdom to increase the quality of mentoring relationships for Vermont's young people. MENTOR Vermont aims to improve the quality and broaden the reach of youth mentoring in Vermont. MENTOR Vermont's resources, support, and training strengthen the quality of local mentoring relationships through research-based effective practices and enable local program staff to focus more time on supporting matches.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,048,731

Program Service Revenue $29,667

Investment Income $56

Other Revenue $52,947

TOTAL REVENUE $1,131,401

Expense Breakdown

Grants Paid $637,733

Salaries & Benefits $317,061

Fundraising Expenses $33,479

Program Expenses $898,697

Other Expenses $124,993

TOTAL EXPENSES $1,079,787

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,131,401	$880,086	+0.3%
Expenses	$1,079,787	$901,775	+0.2%
Net Income	$51,614	$-21,689	-3.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$85,883

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrea Haddad	Director	1.00	Director	$0	$0	$0
Nate Formalarie	President	1.00	Officer Director	$0	$0	$0
Beth Perlongo	Director	1.00	Director	$0	$0	$0
Joshua Jarvis	Secretary	1.00	Officer Director	$0	$0	$0
Alice Urban	Director	1.00	Director	$0	$0	$0
Amy Spector	Treasurer	1.00	Officer Director	$0	$0	$0
Phillip Foy	Director	1.00	Director	$0	$0	$0
Marissa Barbieri	Director	1.00	Director	$0	$0	$0
Mona Abdelghani	Director	1.00	Director	$0	$0	$0
Chris Hultquist	director	1.00	Director	$0	$0	$0
Chad I Butt	Executive Director	37.50	Officer	$78,365	$7,518	$85,883

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$1,131,401	$1,079,787	$268,890	$51,614
2023	$880,086	$901,775	$197,735	$-21,689
2022	$965,179	$1,089,915	$254,588	$-124,736
2021	$1,134,106	$1,088,305	$324,953	$45,801
2020	$670,775	$575,723	$288,108	$95,052