VERGENNES, VT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VERGENNES PARTNERSHIP INC, founded in 1999, is a micro nonprofit in the Community Improvement sector that reported $97K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $108K exceeded revenue, resulting in a 11% operating deficit.
THE VERGENNES PARTNERSHIP'S MISSION IS TO ENHANCE THE ECONOMIC VIABILITY OF VERGENNES AND PRESERVE THE BEAUTY AND CHARACTER OF ITS DOWNTOWN.
THE PARTNERSHIP SPONSORED AND PROMOTED A NUMBER OF COMMUNITY EVENTS IN FURTHERANCE OF ITS MISSION.
THE PARTNERSHIP CONTINUES TO ACT AS THE LEAD PRIVATE FUNDRAISER FOR THE VERGENNES "PAVILION PROJECT" - A MULTI-PHASE PROJECT TO IMPROVE VERGENNES PUBLIC INFRASTRUCTURE, PARKS AND RECREATION.
THE PARTNERSHIP ACTED AS THE FISCAL SPONSOR FOR THE PARK STREET COMMUNITY PROJECT WHICH IS WORKING TO EXPAND THE PUBLIC'S ACCESS TO GREEN SPACE IN VERGENNES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $96,959 | $177,437 | -0.5% |
| Expenses | $107,765 | $115,787 | -0.1% |
| Net Income | $-10,806 | $61,650 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JEN RUSSELL | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAURA MACK | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHANON ATKINS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY DJORDJEVIC | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM BENTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MAGGIE CARRERA-BLY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNNE CHABOT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT GAINES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RENNY PERRY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELISE SHANBACKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIE BASOL | EXECUTIVE DIRECTOR | 20.00 |
Officer
|
$27,560 | $0 | $27,560 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $96,959 | $107,765 | $103,153 | $-10,806 |
| 2023 | $177,437 | $115,787 | $113,959 | $61,650 |
| 2022 | $279,048 | $351,252 | $52,739 | $-72,204 |
Compare VERGENNES PARTNERSHIP INC with other nonprofits in Vermont and across the country.