VMI INC
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Improves math teaching and learning by training K-12 teacher leaders and supporting schools statewide. For fiscal year 2024 it reported $510K in revenue, $504K in expenses, and $-128K in net assets.Pt I
Summary of the Filing
Where the work happens
The VMI, in partnership with Vermont State University (VTSU): (1) had 39 students enrolled in the Master's Degree program, split between 2 cohorts. One cohort of 28 participants completed their second year (of three). A cohort of 11 educators completed their first year of the program.
The VMI conducted one remote professional development experience across the state during this reporting period. This was a course for re-licensing purposes (non-degree). Other courses within the degree programs were made available for those not seeking a degree but who needed credits for relicensing: (1) Mathematics as a Second Language…
The VMI provided professional consulting services in support of mathematics teaching and learning for SAU 36, local school administrative unit in Whitefield, NH. A second endeavor supports a statewide initiative aimed at recruiting and retaining licensed math teachers.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Judi Laird’s $86K as Executive Director is at the 76th percentile of top reported officer pay among 1616 $100K–1M 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 · 3 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Judi Laird | $85,554 | $103,508 | $103,224 | $100,977 | $98,008 | $98,000 |
| Karen Nee | — | $13,400 | $57,925 | $27,325 | $1,150 | — |
| Priscilla Bremser | $6,000 | $5,500 | $6,000 | $3,000 | — | — |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 89% | — | — |
| Overhead ratio | 11% | — | — |
| Revenue growth | -4% | — | — |
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.
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Filings & Schedule Manifest
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