Silas L Griffith Trust Trust Company of Vermont Trustee

EIN: 036005941 501(c)(3) Philanthropy & Grantmaking

Rutland, VT

Total Revenue
$87,924
Total Expenses
$93,586
Total Assets
$1,045,572
Net Assets
$1,045,572
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1903
Legal Domicile
VT
Phone
8022304019
Tax Period
2023-01-01 to 2023-12-31

Silas L Griffith Trust Trust Company of Vermont Trustee, founded in 1903, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $88K in total revenue in fiscal year 2023. Revenue surged 115% from the prior year, signaling strong growth momentum. Net assets of $1.0M represent 143 months of operating reserves.

Mission

This trust is a support organization for a church, public school and library. The Silas Griffith Trust itself has no program services. The trust was created under the will of Silas Griffith. The primary exempt purpose of the trust is to provide financial support for the church, a subcommittee of the church which provides funds for Christmas gifts and clothing for the needy children of Danby/Mt Tabor, the Danby/Mt Tabor public schools and the Danby Public Library, all of which are 501(C)(3) organizations. Effective July 1, 2021 the trustee, after taking into account the intentions of the settlor of the trust as expressed in the governing instrument, the needs of the beneficiaries, general economic conditions, projected current earnings and appreciation for the trust, and projected inflation and its impact on the trust, have decided to pay out as net income 4% of the fair market value as determined as of December 31 of each year, in equal installments.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $87,685
Other Revenue $239
TOTAL REVENUE $87,924

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,075
Fundraising Expenses $0
Other Expenses $80,511
TOTAL EXPENSES $93,586

Year-over-Year Comparison

2023 2022 Change
Revenue $87,924 $40,889 +1.2%
Expenses $93,586 $101,880 -0.1%
Net Income $-5,662 $-60,991 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Trust Company of Vermont Trustee 1.00
$13,075 $0 $13,075
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 No data No data No data No data
2024 No data No data No data No data
2023 $87,924 $93,586 $1,045,572 $-5,662
2022 $40,889 $101,880 $1,051,234 $-60,991
2021 $234,376 $91,636 $1,112,225 $142,740
2020 $171,329 $51,257 $998,328 $120,072
2019 $36,517 $71,787 $896,590 $-35,270
2018 $-505 $67,698 $928,115 $-68,203
Explore More Nonprofits
Top 100 Nonprofits in Vermont Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Silas L Griffith Trust Trust Company of Vermont Trustee with other nonprofits in Vermont and across the country.