VERMONT PROFESSIONALS OF COLOR NETWORK (EIN 862667055) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

WEIWEI WANG

Phone

8023838836

Tax Period

2023-10-01 to 2024-09-30

VERMONT PROFESSIONALS OF COLOR NETWORK, founded in 2021, is a small nonprofit in the Human Services sector that reported $757K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $645K left a modest 15% surplus.

Mission

VT PROFESSIONALS OF COLOR NETWORK (VT POC) EXISTS TO ADVANCE NETWORKING AND CAREER DEVELOPMENT OPPORTUNITIES FOR ITS MEMBERS, TO INCREASE CIVIC ENGAGEMENT, TO GROW GENERATIONS OF BLACK, INDIGENOUS AND PEOPLE OF COLOR (BIPOC) LEADERS TO JOIN THE RANKS OF LEADERSHIP AND MANAGEMENT, AND TO ECONOMICALLY EMPOWER BIPOC ORGANIZATIONS, BUSINESSES AND ENTREPRENEURS IN THE STATE OF VERMONT.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $567,376

Program Service Revenue $189,228

Investment Income $458

Other Revenue $0

TOTAL REVENUE $757,062

Expense Breakdown

Grants Paid $0

Salaries & Benefits $447,467

Fundraising Expenses $155,957

Program Expenses $299,903

Other Expenses $197,952

TOTAL EXPENSES $645,419

Year-over-Year Comparison

	2023	2022	Change
Revenue	$757,062	$672,990	+0.1%
Expenses	$645,419	$303,728	+1.1%
Net Income	$111,643	$369,262	-0.7%

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

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

$203,743

Total Directors

$203,743

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WEIWEI WANG	CO EXECUTIVE	40.00	Officer Director	$85,531	$15,920	$101,451
TINOTENDA RUTANHIRA	CO EXECUTIVE	40.00	Officer Director	$85,531	$16,761	$102,292
BELAN ANTENSAYE	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
DAVID TABARUKA	TREASURER	2.00	Officer Director	$0	$0	$0
CD MATTISON	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPH YU	BOARD MEMBER	1.00	Director	$0	$0	$0
NICK KHOLSA	BOARD MEMBER	1.00	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	$757,062	$645,419	$992,969	$111,643
2023	$672,990	$303,728	$885,718	$369,262
2022	$541,462	$210,707	$513,820	$330,755
2021	$332,579	$165,930	$175,325	$166,649

VERMONT PROFESSIONALS OF COLOR NETWORK