CHAMPLAIN VALLEY OFFICE OF ECONOMIC OPPORTUNITY INC (EIN 030216837) - Form 990 Financial Analysis & Trantor Score

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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

1965

Legal Domicile

Principal Officer

PAUL DRAGON

Phone

8022877971

Tax Period

2023-10-01 to 2024-09-30

CHAMPLAIN VALLEY OFFICE OF ECONOMIC OPPORTUNITY INC, founded in 1965, is a mid-sized nonprofit in the Community Improvement sector that reported $40.3M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $36.2M left a modest 10% surplus.

Mission

CVOEO ADDRESSES FUNDAMENTAL ISSUES OF ECONOMIC, SOCIAL, AND RACIAL JUSTICE AND WORKS WITH PEOPLE TO ACHIEVE ECONOMIC INDEPENDENCE.

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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 $39,499,240

Program Service Revenue $369,188

Investment Income $390,498

Other Revenue $4,267

TOTAL REVENUE $40,263,193

Expense Breakdown

Grants Paid $12,751,737

Salaries & Benefits $18,621,036

Fundraising Expenses $251,746

Program Expenses $32,880,035

Other Expenses $4,847,613

TOTAL EXPENSES $36,220,386

Year-over-Year Comparison

	2023	2022	Change
Revenue	$40,263,193	$29,030,321	+0.4%
Expenses	$36,220,386	$28,602,198	+0.3%
Net Income	$4,042,807	$428,123	+8.4%

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

307

Volunteers

221

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

$333,090

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CODY FIALA	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
ELIZABETH MADIGAN	DIRECTOR	0.50	Director	$0	$0	$0
JON CRYSTAL	BOARD VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WENDY BOVA	DIRECTOR	0.50	Director	$0	$0	$0
ANNE ROSENBLUM	SECRETARY	1.00	Director	$0	$0	$0
BRIAN CINA	DIRECTOR	0.50	Director	$0	$0	$0
ADEN HAJI	DIRECTOR	0.50	Director	$0	$0	$0
COLLEEN NONI	DIRECTOR	0.50	Director	$0	$0	$0
NAKUMA PALCCZEWSKI	TREASURER	1.00	Officer Director	$0	$0	$0
ANDREA TREADWAY	DIRECTOR	0.50	Director	$0	$0	$0
LESLI BLOUNT	DIRECTOR	0.50	Director	$0	$0	$0
PAUL DRAGON	EXECUTIVE DIRECTOR	55.00	Officer	$135,698	$36,203	$171,901
MATT D'AGOSTINO	FISCAL DIRECTOR	50.00	Officer	$124,986	$36,203	$161,189
CAROL PAUL	DEPUTY PROGRAM DIRECTOR	50.00	Highest	$123,460	$36,511	$159,971
SANDRA GRAVES	HEAD START PROGRAM DIRECTOR	45.00	Highest	$112,577	$16,251	$128,828

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
2024	$40,263,193	$36,220,386	$17,445,286	$4,042,807
2023	$29,030,321	$28,602,198	$13,497,011	$428,123
2022	$26,250,415	$25,335,475	$10,365,221	$914,940
2021	$27,122,913	$25,714,715	$9,733,148	$1,408,198
2020	$21,844,417	$20,504,055	$8,271,056	$1,340,362
2019	$19,030,209	$19,933,558	$6,256,828	$-903,349
2018	$19,862,275	$19,562,298	$6,847,129	$299,977

CHAMPLAIN VALLEY OFFICE OF ECONOMIC OPPORTUNITY INC