Champlain Valley Educator Development Center INC FY2021 filing

Public charity (501(c)(3)) South Burlington, VT Since 2007 EIN 36-4623914 NTEE N64
Revenue
$418K
▼ -18%
FY2021 · Pt VIII · Ln 12
Expenses
$400K
▼ -26%
FY2021 · Pt IX · Ln 25
Net assets
$853K
FY2021 · Pt X · Ln 32
To programs
80%
FY2021 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2024
Revenue
$418K
FY2021▼ -18%
Expenses
$400K
FY2021▼ -26%

Improves schools by providing high-quality professional development for educators.

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Tax-deductible?
Yes
Per the IRS master file.
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Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
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Filing up to date?
Filed FY2024 (typical filing lag)
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Foundation funders?
1 funder — Vermont Community Foundation
$13K in the latest grant year.
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Spent on programs?
80% to programs
Form 990 Part IX, latest filing.
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Size and trend
$100K–1M
↓ -18% vs prior year
Details →

Form 990 for the fiscal year ending June 2021 (IRS tax year 2020).


Improves schools by providing high-quality professional development for educators.

Founded
2007
Type
Public charity (501(c)(3)) · Recreation & Sports
Location
South Burlington, VT
Website
cvedcvt.org
Filings
5 on file (2020–2021)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Where the money goes · FY2021
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs
Operating runway
17.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$903K
FY2021▲ +10%
Total liabilities
$51K
FY2021▲ +3%
Revenue less expensesPt I · Ln 19$18K
Total assetsPt X · Ln 16$903K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 418

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CChamplain Valley Educator Development Center INC
EINHdr · item D36-4623914
Principal addressHdr · item CSouth Burlington, VT
WebsiteHdr · item Jcvedcvt.org
Year of formationHdr · item L2007
State of legal domicileHdr · item MVT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N64)
Ruling yearIRS BMFJun 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$103,573Pt VII · Sec A
Secretary / Instuctor
$28,900Pt VII · Sec A
Treasurer / Instructor
$3,000Pt VII · Sec A
Director / Instructor
$500Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Lauren Wooden’s $102K as Executive Director (end 6/30/25) is at the 92nd percentile of top reported officer pay among 1017 $100K–1M recreation & sports 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Lauren Wooden$101,963$110,806$108,280$108,280——
Lauren Wooden————$103,573$102,151
Christian Courtemanche————$28,900$31,750
Christian Courtemanche$21,600$16,800$30,100$30,100——
Megan Grube$6,150$5,000$2,500$2,500——
Linda Keating—————$5,750
Michael Martin—————$5,000
Erin Tinti$4,200—————

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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Mission & Programs · Part III

Where the work happens

1 program service account for $320K of program spending, described in the organization's own filed words · FY2020.
01

Esa

CVEDC acts as the "Educational Services Agency" for northwest and centralwest Vermont providing professional development courses, workshops, collaborative meetings, and educational series for the region's teachers and educational leaders.

$320Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$275K · 66%
Contributions & grants$141K · 34%
Program service revenue66%$275K
Contributions & grants34%$141K
Investment income$2K
— government grantsLn 1e$99K
Total revenueLn 12$418K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$320K
Management & general20%$80K
Total functional expensesLn 25$400K

Balance Sheet

Part X · end of year
CashLn 1$591K
Total assetsLn 16$903K
Total liabilitiesLn 26$51K
Total net assetsLn 32$853K
Months of cash on handcomputed17.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $591K · Operating expenses/yr $400K
17.7 months
Where the money goes
Program services
Program services $320K · Total expenses $400K
80%
Management & General
Management & general $80K · Total expenses $400K
20%
Fundraising
Fundraising $0 · Total expenses $400K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $42K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $141K · Total revenue $418K
34%
Government reliance
Government grants $99K · Total revenue $418K
24%
Earned-income share
Program service revenue $275K · Total revenue $418K
66%
Investment reliance
Investment income $2K · Total revenue $418K
+0.5%
Program self-sufficiency
Program service revenue $275K · Total expenses $400K
69%
Growth & trend
Revenue growth (YoY)
This year $418K · Prior year $513K
-18%
Net-asset trend (YoY)
End of year $853K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $418K · Expenses $400K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $903K
—
Net-asset ratio
Net assets $853K · Total assets $903K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $903K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lauren Wooden · Reported title Executive Director · Highest reported compensation $104K · Total expenses $400K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $221K · Total expenses $400K
55%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%——
Overhead ratio 20%——
Fundraising cost ratio 0%——
Revenue growth -18%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0.9%——
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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$13K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$481K revenue · ⤓ 990 PDF
FY2023$486K revenue · ⤓ 990 PDF
FY2022$485K revenue · ⤓ 990 PDF
FY2021$418K revenue · viewing · ⤓ 990 PDF
FY2020$513K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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