Form 990 for the fiscal year ending June 2021 (IRS tax year 2020).
Improves math teaching and learning by training K-12 teacher leaders and supporting schools statewide.
- Founded
- 2019
- Type
- Public charity (501(c)(3)) · Education
- Location
- East Burke, VT
- Website
- www.vmimathematics.com
- Filings
- 5 on file (2020–2021)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Judi Laird’s $86K as Executive Director is at the 75th percentile of top reported officer pay among 1613 $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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Where the work happens
The VMI, in partnership with Southern New Hampshire University (SNHU), enrolled 22 educators into its newest Master's Degree cohort which started September, 2020. These 23 educators represent 16 VT educators from all geographic regions across Vermont and 7 educators from the Manchester, New Hampshire area.
The VMI offered two professional development, non-degree granting courses for educators. One newly developed offering entitled Introduction to Cryptography was piloted (remotely) during June 2021, and enrolled 9 Vermont educators. A second course, Advanced Probability, was offered during July 2020 and enrolled 6 educators.
The VMI partnered with the School Administrative Unit #16 in Exeter, NH to provide professional consulting to that districts area schools. This included workshops and classroom based coaching (remotely) for all teachers K-8 in the district.
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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% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 62% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0.4% | — | — |
| Accounting fee ratio | 0.1% | — | — |
| 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
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Filings & Schedule Manifest
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Sources
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