Association Of Vermont Independent Colleges
- Assets
- $132.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montpelier, VT
- Founding
- 04/1993
- Data as of
- 06/2022
- EIN
- 03-0289811
Organization Overview
Association Of Vermont Independent Colleges is located in Montpelier, VT. The organization was established in 1993. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Vermont Independent Colleges 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 06/2022, Association Of Vermont Independent Colleges generated $153.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $152.2k during the year ending 06/2022. While expenses have increased by 0.5% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AVIC FURTHERS THE DEVELOPMENT AND PRESERVATION OF THE INDEPENDENT COLLEGE & UNIVERSITY IN THE STATE OF VERMONT THRU REPRESENTATION, PROMOTION & SUPPORT OF ITS MEMBERS AND THEIR ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Stitely President | 40 | $98,847 | |
Lorraine Sterritt Chair | 1 | $0 | |
Laurie Patton Vice Chair | 1 | $0 | |
Mark Anarumo Sec/treasurer | 1 | $0 | |
Michelle Ollie Director | 1 | $0 | |
Laura Walker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $153,362 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,362 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $131,859 |
| Professional fees and other payments to independent contractors | $4,095 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $469 |
| Other expenses | $15,784 |
| Total expenses | $152,207 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,273 |
| Other assets | $0 |
| Total assets | $132,273 |
| Total liabilities | $3,663 |
| Net assets or fund balances | $128,610 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Milton Academy Milton, MA | $512,730,465 | $105,004,685 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Spence School New York, NY | $416,454,517 | $72,977,566 |
Buckingham Browne And Nichols School Cambridge, MA | $184,959,090 | $58,711,322 |
Packer Collegiate Institute Brooklyn, NY | $176,388,503 | $70,028,029 |
Brearley School New York, NY | $371,332,515 | $54,677,601 |