PROSPECT MOUNTAIN ASSOCIATION INC

EIN: 821194722 501(c)(3) Recreation & Sports

BENNINGTON, VT

Total Revenue
$754,505
Total Expenses
$609,963
Total Assets
$2,461,154
Net Assets
$2,458,962
🔒

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
2017
Legal Domicile
VT
Principal Officer
DAVID NEWELL
Phone
8024422575
Tax Period
2024-10-01 to 2025-09-30

PROSPECT MOUNTAIN ASSOCIATION INC, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $755K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $145K, a strong 19% operating margin.

Mission

THE CORPORATION'S PURPOSE IS TO SUPPORT COMMUNITY HEALTH AND WELLBEING BY PROVIDING GROOMED CROSS-COUNTRY SKI TRAILS AND PROGRAMS FOR A DIVERSE POPULATION IN THE SOUTHERN VERMONT AND WESTER MASSACHUSETTS COMMUNITIES, AND TO PROMOTE AND DEVELOP TEH SPORT OF CROSS-COUNTRY SKIING THROUGH RELATED EDUCATIONAL ACTIVITIES FOR SUCH COMMUNITIES. THE CORPORATION IS A CHARITABLE ORGANIZATION ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SPECIFIED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW.)

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $121,290
Program Service Revenue $455,070
Investment Income $24,059
Other Revenue $154,086
TOTAL REVENUE $754,505

Expense Breakdown

Grants Paid $500
Salaries & Benefits $231,790
Fundraising Expenses $0
Program Expenses $593,630
Other Expenses $377,673
TOTAL EXPENSES $609,963

Year-over-Year Comparison

2024 2023 Change
Revenue $754,505 $473,412 +0.6%
Expenses $609,963 $454,716 +0.3%
Net Income $144,542 $18,696 +6.7%
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
10
Independent Members
9
Employees
12
Volunteers
25

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
4
$0
Total Directors
6
$61,590
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE WHITHAM Director 40.00
Director
$61,590 $0 $61,590
DAVID DETHIER Director 2.00
Director
$0 $0 $0
BRAD DEBOER Director 2.00
Director
$0 $0 $0
STEPHEN MONSULICK Director 2.00
Director
$0 $0 $0
LISA MELENDY Director 0.00
Director
$0 $0 $0
CHRIS WINTERS Director 2.00
Director
$0 $0 $0
DAVID NEWELL President 2.00
Officer
$0 $0 $0
LEWIS FISHER Vice President 2.00
Officer
$0 $0 $0
AMIE SMITH Secretary 2.00
Officer
$0 $0 $0
STEVE FOGEL Treasurer 2.00
Officer
$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
2025 $754,505 $609,963 $2,461,154 $144,542
2024 $473,412 $454,716 $2,314,420 $18,696
2023 $554,024 $360,431 $2,300,883 $193,593
2022 $1,080,365 $290,917 $2,108,013 $789,448
2021 $369,310 $241,156 $1,317,529 $128,154
2020 $310,077 $257,910 $1,189,406 $52,167
2019 $1,001,700 $326,937 $1,136,956 $674,763
2018 $524,081 $12,818 $961,263 $511,263
Explore More Nonprofits
Top 100 Nonprofits in Vermont Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PROSPECT MOUNTAIN ASSOCIATION INC with other nonprofits in Vermont and across the country.