VERMONT JOURNALISM TRUST LTD (EIN 271553931) - 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

2009

Legal Domicile

Principal Officer

SCHUYLER BARSCH

Phone

8022256224

Tax Period

2023-01-01 to 2023-12-31

VERMONT JOURNALISM TRUST LTD, founded in 2009, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.7M in total revenue in fiscal year 2023. Expenses of $3.5M exceeded revenue, resulting in a 26% operating deficit.

Mission

INFORMATION IS POWER. THE MISSION OF THE VERMONT JOURNALISM TRUST AND VTDIGGER.ORG, IS TO GIVE THAT POWER TO VERMONTERS BY MAKING COMPLEX PUBLIC POLICY ISSUES READILY ACCESSIBLE, BY HOLDING GOVERNMENT ACCOUNTABLE AND BY GIVING READERS OPPORTUNITIES TO BECOME ACTIVE PARTICIPANTS IN DEMOCRACY.

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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 $2,307,422

Program Service Revenue $417,476

Investment Income $18,871

Other Revenue $1,831

TOTAL REVENUE $2,745,600

Expense Breakdown

Grants Paid $7,250

Salaries & Benefits $2,734,916

Fundraising Expenses $656,188

Program Expenses $2,185,932

Other Expenses $729,946

TOTAL EXPENSES $3,472,112

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,745,600	$2,772,494	0.0%
Expenses	$3,472,112	$3,783,579	-0.1%
Net Income	$-726,512	$-1,011,085	-0.3%

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

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

$170,564

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCHUYLER BARSCH	CEO AS OF MA	40.00	Officer	$102,404	$2,304	$104,708
JIM WELCH UNTIL MARCH 2023	EXECUTIVE DI	40.00	Officer	$63,045	$2,811	$65,856
GAYE SYMINGTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROB WOOLMINGTON	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KATHRYN STEARNS	VP & SECRETA	1.00	Officer Director	$0	$0	$0
MATHEW RUBIN	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN REILLY	DIRECTOR	1.00	Director	$0	$0	$0
GREG CRAIG	DIRECTOR	1.00	Director	$0	$0	$0
SUE HALPERN	DIRECTOR	1.00	Director	$0	$0	$0
ERIC HANSON	DIRECTOR	1.00	Director	$0	$0	$0
DON HOOPER	DIRECTOR	1.00	Director	$0	$0	$0
NEALE LUNDERVILLE	DIRECTOR	1.00	Director	$0	$0	$0
BILL MARES	DIRECTOR	1.00	Director	$0	$0	$0
JANE MAYER	DIRECTOR	1.00	Director	$0	$0	$0
LOUISA SCHIBLI	DIRECTOR	1.00	Director	$0	$0	$0
EMILY BERNARD	DIRECTOR	1.00	Director	$0	$0	$0
BRIANA LAI KILLEEN	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN MEUB	DIRECTOR	1.00	Director	$0	$0	$0
ARIEL WENGROFF UNTIL DEC 2023	DIRECTOR	1.00	Director	$0	$0	$0
PAUL HEINTZ	EDITOR IN CH	40.00	Highest	$111,977	$2,951	$114,928

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	No data	No data	No data	No data
2023	$2,745,600	$3,472,112	$1,882,079	$-726,512
2022	$2,772,494	$3,783,579	$2,700,199	$-1,011,085
2021	$3,372,936	$2,766,167	$3,627,259	$606,769
2020	$2,478,530	$2,130,426	$3,279,587	$348,104
2019	$2,382,783	$2,101,194	$2,412,414	$281,589
2018	$1,435,909	$1,517,128	$2,059,904	$-81,219

VERMONT JOURNALISM TRUST LTD