CORPORATION OF SOUTHERN VERMONT COLLEGE INC

EIN: 030214106 501(c)(3)

Bennington, VT

Total Revenue
$-3,787,000
Total Expenses
$1,650,077
Total Assets
N/A
Net Assets
$-2,772,117
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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
1929
Legal Domicile
VT
Phone
8024476310
Tax Period
2021-07-01 to 2022-06-30

CORPORATION OF SOUTHERN VERMONT COLLEGE INC, founded in 1929, is a micro nonprofit that reported $3.8M in total revenue in fiscal year 2021.

Mission

Provide full-time and part-time post-secondary educational services.THE COLLEGE CLOSED DURING FISCAL YEAR ENDING JUNE 30, 2019.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-3,787,000
Other Revenue $0
TOTAL REVENUE $-3,787,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,650,077
Other Expenses $1,650,077
TOTAL EXPENSES $1,650,077

Year-over-Year Comparison

2021 2020 Change
Revenue $-3,787,000 $-5,585,577 -0.3%
Expenses $1,650,077 $2,104 +783.3%
Net Income $-5,437,077 $-5,587,681 0.0%
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

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Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND OBUCKOWSKI BANRUPTCY TRUST 0.00
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
2022 $-3,787,000 $1,650,077 No data $-5,437,077
2021 $-5,585,577 $2,104 $6,073,033 $-5,587,681
2020 $44,274 $401,288 $16,409,340 $-357,014
2019 $11,814,285 $15,177,363 $16,432,321 $-3,363,078
2018 $17,412,688 $14,906,567 $19,352,077 $2,506,121
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