Mentor Vermont Inc
- Assets
- $325.0k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Burlington, VT
- Founding
- 07/2003
- Data as of
- 06/2021
- EIN
- 02-0658483
Organization Overview
Mentor Vermont Inc is located in Burlington, VT. The organization was established in 2003. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Mentor Vermont Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mentor Vermont Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Mentor Vermont Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 13.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mentor Vermont Inc has awarded 130 individual grants totaling $2,725,673. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RESOURCES AND SUPPORT TO YOUTH MENTORING PROGRAMS IN VERMONT SO THEY CAN MEET THE NEEDS OF YOUNG PEOPLE IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT FUNDING: MENTOR VERMONT PROVIDES GRANTS TO NON-PROFIT AGENCIES, SCHOOL DISTRICTS, AND SUPERVISORY UNIONS TO ESTABLISH NEW YOUTH-ADULT MENTORING PROGRAMS IN UNDERSERVED AREAS OF VERMONT, AND TO SUPPORT EXISTING MENTORING PROGRAMS IN INCREASING THEIR NUMBER OF MENTOR MATCHES AND THE QUALITY OF THEIR PROGRAMING.
PROGRAM SUPPORT AND RESOURCES: MENTOR VERMONT PROVIDES TECHNICAL ASSISTANCE FOR MENTORING PROGRAMS TO SUPPORT THEM IN MEETING NATIONALLY-RECOGNIZED BEST PRACTICES, AND ANNUALLY CONVENES THE VERMONT MENTORING SYMPOSIUM, A STATEWIDE CONFERENCE FOR MENTORING PROGRAM STAFF. MENTOR VERMONT ALSO OFFERS A RANGE OF RESOURCES INCLUDING A DIRECTORY OF ALL VERMONT MENTORING PROGRAMS, A PROGRAM MANAGEMENT DATABASE, A MENTOR DISCOUNT CARD, A STANDARDIZED SURVEY SYSTEM FOR MENTORS/MENTEES, A FREE NATIONAL CRIMINAL RECORD CHECK SYSTEM, AND WORKS WITH PROGRAMS TO DEVELOP AN INFRASTRUCTURE THAT ALLOWS MENTOR MATCHES TO CONTINUE MEETING THROUGH THE MENTEES HIGH SCHOOL GRADUATION.
RAISING AWARENESS OF MENTORING: MENTOR VERMONT SPEARHEADS LOCAL, REGIONAL, AND STATEWIDE EFFORTS TO RAISE PUBLIC AWARENESS OF THE BENEFITS OF MENTORING AND THE NEED FOR MORE VOLUNTEERS. THIS INCLUDES CONDUCTING MEDIA OUTREACH, ASSISTING PROGRAMS WITH THEIR PUBLIC RELATIONS EFFORTS, IMPLEMENTING AN ANNUAL MENTORING CELEBRATION AT THE VERMONT STATEHOUSE DURING NATIONAL MENTORING MONTH, LEADING LOCAL AND NATIONAL ADVOCACY EFFORTS, AND COLLABORATING WITH MENTOR NATIONALS AFFILIATE NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad I Butt Executive Dir. | Officer | 37.5 | $76,228 |
Nate Formalarie President | OfficerTrustee | 2 | $0 |
Elizabeth Dunbar Secretary | OfficerTrustee | 1 | $0 |
Sarah Caliendo Treasurer | OfficerTrustee | 1 | $0 |
Andrea Haddad Director | Trustee | 1 | $0 |
Chris Hultquist Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $692,893 |
| All other contributions, gifts, grants, and similar amounts not included above | $394,402 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,087,295 |
| Total Program Service Revenue | $36,756 |
| Investment income | $149 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,906 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,134,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $817,305 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,917 |
| Compensation of current officers, directors, key employees. | $22,827 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,884 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,647 |
| Payroll taxes | $13,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,137 |
| Fees for services: Accounting | $11,263 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,327 |
| Advertising and promotion | $25,710 |
| Office expenses | $0 |
| Information technology | $24,821 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $374 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $932 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,143 |
| All other expenses | $251 |
| Total functional expenses | $1,088,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,052 |
| Savings and temporary cash investments | $7,818 |
| Pledges and grants receivable | $138,018 |
| Accounts receivable, net | $5,065 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $324,953 |
| Accounts payable and accrued expenses | $55,358 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $55,358 |
| Net assets without donor restrictions | $217,095 |
| Net assets with donor restrictions | $52,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $324,953 |
Grants Awarded
Over the last fiscal year, Mentor Vermont Inc has awarded $798,805 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Rutland, VT PURPOSE: General program support | $169,307 |
Brattleboro, VT PURPOSE: General program support | $129,342 |
Winooski, VT PURPOSE: General program support | $122,405 |
Montpelier, VT PURPOSE: General program support | $65,000 |
MT ABRAHAM UNIFIED SCHOOL DI PURPOSE: General program support | $37,200 |
Saint Albans, VT PURPOSE: General program support | $35,901 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mentor Vermont Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Cooper Family Foundation Inc South Burlington, VT PURPOSE: GENERAL SUPPORT | $1,000 |
Organization Name not Listed PURPOSE: PROGRAM SUPPORT | | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |
Ascend Learning Inc Brooklyn, NY | $10,949,837 | $20,246,927 |
Pike School Inc Andover, MA | $31,746,911 | $18,230,890 |
Workforce Development Corp New York, NY | $20,852,099 | $12,566,315 |
International School Of Brooklyn Brooklyn, NY | $6,521,944 | $15,095,239 |
Watershed Agricultural Council Of The New York City Watersheds Inc Walton, NY | $8,601,609 | $14,819,769 |
North Atlantic States Carpenters Labor Management Program Boston, MA | $29,841,142 | $12,688,057 |
Purpose Foundation Island Park, NY | $1,585,866 | $11,041,724 |
Together Education Inc New York, NY | $57,079,543 | $31,828,853 |
St Stephens School Corporation New York, NY | $22,745,119 | $12,506,958 |
Aids Community Resources Syracuse, NY | $5,910,589 | $11,647,992 |