Upper Valley Teacher Training Program Incorporated FY2023 filing

Lebanon, NH · Public charity (501(c)(3)) · Colleges & Universities

✓ Tax-deductible Latest data FY2023
Revenue
$931K
▼ -6% vs prior year
Spent
$1.0M
To programs
80%
Net assets
$2.8M
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending June 2023 (IRS tax year 2022).

Figures match the IRS filing checked 9/28/26 · see original: IRS

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Fidelity Investments Charitable Gift Fund
$28K in the latest grant year.
Spent on programs?
80% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
↓ -6% vs prior year
Legal name (IRS)Hdr · item CUpper Valley Teacher Training Program Incorporated
EINHdr · item D02-0423502
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFDec 1988
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CLebanon, NH
NTEE classificationIRS BMFColleges & Universities (B56Z)
WebsiteHdr · item Jwww.uvei.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.17 Fundraising $0.03
Program services80%$839K
Management & general17%$181K
Fundraising3%$26K
Total functional expensesLn 25$1.0M

Financial health

Revenue & expenses by yearFY2021–FY2025
Revenue
$931K
FY2023▼ -6%
Expenses
$1.0M
FY2023▲ +3%
Program efficiency
80%
of spending reaches programs
Operating runway
29.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$3.2M
FY2023▼ -2%
Total liabilities
$425K
FY2023▼ -3%
Revenue less expensesPt I · Ln 19−$116K
Total assetsPt X · Ln 16$3.2M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Balance Sheet

Part X · end of year
CashLn 1$235K
Total assetsLn 16$3.2M
Total liabilitiesLn 26$425K
Total net assetsLn 32$2.8M
Months of cash on handcomputed2.7

Statement of Revenue

Part VIII
Program service revenue$794K · 85%
Contributions & grants$89K · 10%
Investment income$42K · 4%
Other revenue$6K · 1%
Program service revenue85%$794K
Contributions & grants10%$89K
Investment income4%$42K
Other revenue1%$6K
— government grantsLn 1e$15K
Total revenueLn 12$931K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.6M · Operating expenses/yr $1.0M
29.7 months
Where the money goes
Program services
Program services $839K · Total expenses $1.0M
80%
Management & General
Management & general $181K · Total expenses $1.0M
17%
Fundraising
Fundraising $26K · Total expenses $1.0M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $28K · Solicited contributions (3-yr avg) $38K
$0.74 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $89K · Total revenue $931K
10%
Government reliance
Government grants $15K · Total revenue $931K
2%
Earned-income share
Program service revenue $794K · Total revenue $931K
85%
Investment reliance
Investment income $42K · Total revenue $931K
+4%
Program self-sufficiency
Program service revenue $794K · Total expenses $1.0M
76%
Growth & trend
Revenue growth (YoY)
This year $931K · Prior year $993K
-6%
Net-asset trend (YoY)
End of year $2.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $931K · Expenses $1.0M
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $3.2M
—
Net-asset ratio
Net assets $2.8M · Total assets $3.2M
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.4M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $3.2M
74%
People & payroll
Highest Reported Total Compensation
Individual R Page Tompkins · Reported title President · Highest reported compensation $113K · Total expenses $1.0M
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $739K · Total expenses $1.0M
71%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%——
Overhead ratio 17%——
Fundraising cost ratio 30%——
Revenue growth -6%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$113,339Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

R Page Tompkins’s $121K as President is at the 46th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
R Page Tompkins$120,683$117,215$113,339$116,418$112,617

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Prepares, inspires, and supports aspiring K-12 teachers and school leaders.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $839K of program spending, described in the organization's own filed words · FY2022.
01

Uvttp, inc. Provides experiential teacher and principal training, with competency-based assessments, to qualified adults who seek to earn elementary or secondary or principal certification through a one year internship. Uvttp, inc. Also offers masters degrees in education.

$839Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$28K
Grants paid · 4 grants · $211K · 2020–2024
Unitemized GrantFY2024$92,820
Unitemized GrantFY2023$46,694
Unitemized GrantFY2022$64,900
Unitemized GrantFY2020$6,381

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $1.2M$1.1M+28% 990 PDF
FY2024 $934K$1.0M+0.3% 990 PDF
FY2023 Viewing $931K$1.0M-6% 990 PDF
FY2022 $993K$1.0M-35% 990 PDF
FY2021 $1.5M$982K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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