VERMONT ACHIEVEMENT CENTER INC

EIN: 030179407 501(c)(3) Education

RUTLAND, VT

Total Revenue
$4,872,451
Total Expenses
$3,840,478
Total Assets
$3,939,965
Net Assets
$3,767,769
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
VT
Principal Officer
MARK MOSSEY
Phone
8027752395
Tax Period
2024-07-01 to 2025-06-30

VERMONT ACHIEVEMENT CENTER INC, founded in 1944, is a community nonprofit in the Education sector that reported $4.9M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.0M, a strong 21% operating margin.

Mission

THROUGH FLEXIBLE, DIVERSE, AND RESPONSIVE PROGRAMS, VERMONT ACHIEVEMENT CENTER, INC. (VAC) PROVIDES A FOUNDATION OF LIFE SKILLS TO PREPARE INDIVIDUALS TO REACH THEIR FULL POTENTIAL AS CONTRIBUTING MEMBERS OF SOCIETY. ALL PEOPLE ARE CAPABLE OF CHANGE, INDIVIDUALS FLOURISH BECAUSE THEY ARE NURTURED, VALUED AND TREATED WITH RESPECT, EDUCATION IS EMPOWERING. THE FAMILY IS THE PRIMARY INFLUENCE IN A PERSON'S LIFE, CHILDREN BELONG IN A FAMILY, FAMILIES ARE ENHANCED BY SUPPORT OF THE COMMUNITY, CHILDREN AND FAMILY SERVICES ARE FLEXIBLE AND RESPONSIVE TO CHANGING NEEDS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,551,726
Program Service Revenue $2,987,375
Investment Income $310,812
Other Revenue $22,538
TOTAL REVENUE $4,872,451

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,721,430
Fundraising Expenses $107,172
Program Expenses $2,884,301
Other Expenses $1,119,048
TOTAL EXPENSES $3,840,478

Year-over-Year Comparison

2024 2023 Change
Revenue $4,872,451 $4,176,430 +0.2%
Expenses $3,840,478 $3,739,151 +0.0%
Net Income $1,031,973 $437,279 +1.4%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
Employees
77
Volunteers
N/A

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
3
$118,515
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK MOSSEY PRESIDENT & 40.00
Officer
$105,221 $13,294 $118,515
KAREN PEZZETTI BOARD CHAIR 0.25
Officer Director
$0 $0 $0
LYNN KLAMM VICE CHAIR/S 0.25
Officer Director
$0 $0 $0
ALYSSA FLYNN TRUSTEE 0.25
Director
$0 $0 $0
JIM ANDERSON TRUSTEE 0.25
Director
$0 $0 $0
MIKE LAMARRE TRUSTEE 0.25
Director
$0 $0 $0
ANDREA MCNEIL TRUSTEE 0.25
Director
$0 $0 $0
ELIZABETH YADDOW TRUSTEE 0.25
Director
$0 $0 $0
JUSTIN CARLSTROM TRUSTEE 0.25
Director
$0 $0 $0
JILL ALDERMAN TRUSTEE 0.25
Director
$0 $0 $0
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 $4,872,451 $3,840,478 $3,939,965 $1,031,973
2024 $4,176,430 $3,739,151 $3,122,946 $437,279
2023 $3,347,315 $3,335,353 $2,784,725 $11,962
2022 $2,917,042 $2,442,949 $2,774,624 $474,093
2021 $3,871,509 $3,015,910 $2,439,275 $855,599
2020 $4,444,224 $4,467,465 $1,714,484 $-23,241
2019 $4,460,653 $4,119,936 $1,718,815 $340,717
2018 $4,330,962 $4,220,610 $1,518,029 $110,352
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