VMI INC FY2024 filing
Improves math teaching and learning by training K-12 teacher leaders and supporting schools statewide. For fiscal year 2024 it reported $531K in revenue, $519K in expenses, and $-119K in net assets.Pt I
- Founded
- 2019
- Type
- Public charity (501(c)(3)) · Education
- Location
- East Burke, VT
- Website
- www.vmimathematics.com
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
The VMI, in partnership with Southern New Hampshire University (SNHU): (1) had 34 students enrolled in the Master's Degree program, split between 2 cohorts. One cohort of 20 participants completed their third year and will complete the final three credits of the program in July 2023.
The VMI provided professional consulting services in support of mathematics teaching and learning at the middle level in EWSD (specifically the ADL and EMS schools). This service included: >Classroom based support for teachers, >intervention work (planning, materials development, system and processes development), >PLC attendance and…
The VMI conducted several professional development opportunities across the state during this reporting period. These were non-degree granting courses, workshops or inservice experiences for educators that are not part of the Masters Degree or Post-graduate certificate programs.
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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 | 93% | — | — |
| Overhead ratio | 7% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 18% | — | — |
| Legal fee ratio | <0.01% | — | — |
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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