Vermont Information Technology Association for the (EIN 030336359) - 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

1992

Legal Domicile

Principal Officer

Jeff Mao

Phone

2077982460

Tax Period

2024-01-01 to 2024-12-31

Vermont Information Technology Association for the, founded in 1992, is a small nonprofit that reported $293K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 19% operating margin.

Mission

To promote and support the use of information technology to transform Vermont K12 education through the provision of professional development, training, and networking opportunities.

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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 (2024)

Revenue Breakdown

Contributions & Grants $125

Program Service Revenue $175,449

Investment Income $8,582

Other Revenue $108,457

TOTAL REVENUE $292,613

Expense Breakdown

Grants Paid $6,137

Salaries & Benefits $109,464

Fundraising Expenses $0

Program Expenses $175,473

Other Expenses $122,565

TOTAL EXPENSES $238,166

Year-over-Year Comparison

	2024	2023	Change
Revenue	$292,613	$233,636	+0.3%
Expenses	$238,166	$252,684	-0.1%
Net Income	$54,447	$-19,048	-3.9%

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

N/A

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

$106,464

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeff Mao	Executive Director	32.00	Officer	$106,464	$0	$106,464
Nathan Gingras	Director	0.50	Director	$0	$0	$0
Lisa Helme	Director	0.50	Director	$0	$0	$0
Mark Kline	Director	0.50	Director	$0	$0	$0
Jon Rice	Director	0.50	Director	$0	$0	$0
Theresa Schneiderheinze	Director	0.50	Director	$0	$0	$0
Jessica Wisloski	Director	0.50	Director	$0	$0	$0
Robert Gervais	President	1.00	Officer Director	$0	$0	$0
Peter Drescher	Vice President	1.00	Officer Director	$0	$0	$0
Mark Kline	Treasurer	1.00	Officer Director	$0	$0	$0
Walter Ripley	Secretary	1.00	Officer 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
2024	$292,613	$238,166	$232,718	$54,447
2022	$303,580	$248,754	$194,257	$54,826
2021	$174,272	$158,284	$143,464	$15,988

Vermont Information Technology Association for the