Overview
What is Mentor Vermont Inc?
Mentor Vermont Inc, based in Burlington, Vermont, is a nonprofit organization with a mission to strengthen and broaden the reach of mentoring relationships within the community. They achieve this by fostering partnerships with various stakeholders and securing funding to enhance mentoring capacities. Their work involves providing grants to local non-profits, schools, and educational districts to establish new mentoring programs in under-served areas of Vermont and to improve the quality and number of mentor matches in existing programs. With a team of five dedicated individuals, Mentor Vermont Inc plays a vital role in empowering youth by supporting the youth mentoring field in the state.
Official website here: www.mentorvt.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)
Mentor Vermont Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and financial management. The organization scored particularly well in Leadership & Adaptability and Culture & Community, indicating a strong commitment to governance and a positive organizational environment. Their program expense ratio is commendable at 87.44%, showing that the majority of their funds are directed towards their mission.
The nonprofit boasts a fully independent board, demonstrating a robust governance structure. Their policies on conflict of interest and whistleblower protections are well-established, contributing to a transparent operational framework. Additionally, the organization excels in collecting and utilizing feedback to enhance its services, which is a notable strength.
However, while Mentor Vermont performs well in various areas, the overall score of 82% suggests there is room for improvement, particularly in the Accountability & Finance category, where they scored 74%. Continuous efforts to enhance their financial practices and transparency could further bolster their impact and sustainability in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Mentor Vermont Inc legitimate?
Mentor Vermont Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mentor Vermont Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $90,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,550
For more financial information, click here
Official website here: www.mentorvt.org
What is the mission statement of Mentor Vermont Inc?
Mentor Vermont Inc's mission is centered around empowering youth by providing support and resources to the youth mentoring field. This mission aims to enhance the quality and expand the reach of mentoring relationships within communities. To achieve this, Mentor Vermont Inc focuses on building awareness, fostering meaningful partnerships with various stakeholders, and securing necessary funding to bolster mentoring capacity and meet community needs. The organization provides grants to non-profit agencies, schools, and districts to establish new mentoring opportunities in underserved areas and enhance the quality of existing programs, ultimately increasing the number of mentor matches served.
Official website here: www.mentorvt.org
Who is the CEO of Mentor Vermont Inc?
Chad Butt is the Director of Mentor Vermont Inc.
Official website here: www.mentorvt.org
What is the revenue of Mentor Vermont Inc?
Mentor Vermont Inc's revenue in 2023 was $880,086.
Official website here: www.mentorvt.org
Who are the executives of Mentor Vermont Inc and what are their salaries?
The average compensation at Mentor Vermont Inc during 2023 was $49,940. There are 5 employees at Mentor Vermont Inc.
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- Compensation: $85,741
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- Other: $4,409
Official website here: www.mentorvt.org
Where can I find the form 990 for Mentor Vermont Inc?
Mentor Vermont Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mentorvt.org
Learn more at the official website: www.mentorvt.org
Mission Statement of Mentor Vermont Inc
Mentor Vermont Inc, a notable organization, is dedicated to empowering youth by offering support and resources to the youth mentoring field within the state. Their mission is to strengthen the quality and extend the reach of mentoring relationships in various communities. To accomplish this, Mentor Vermont Inc fosters meaningful partnerships with various changemakers, sharing the responsibility of advancing mentoring and securing the essential funding needed to bolster mentoring capacity and cater to community needs. The nonprofit also grants funds to non-profit agencies, school districts, and supervisory unions in underserved areas of Vermont, enabling them to establish new youth mentoring opportunities and enhance the number of mentor matches served, as well as the quality of their programming.
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Impact
July, 2024
Mentor Vermont Inc, through its mission of empowering youth by providing support and resources to the youth mentoring field in Vermont, has had a significant impact on the community. By increasing sustainable investment in mentoring, they have been able to build awareness, establish partnerships, and secure funding to expand mentoring capacity and address community needs. Through grants provided to non-profit agencies, school districts, and supervisory unions, Mentor Vermont Inc has created new youth mentoring opportunities in underserved areas and supported existing programs to enhance the quality of mentor matches and programming. This direct impact is enabling the organization to strengthen the quality and expand the reach of mentoring relationships in Vermont communities, ultimately making a positive difference in the lives of youth.
This information is meant to be a general summary of Mentor Vermont Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $872
- Program Service Revenue: $49,857
- Gross Receipts: $903,363
Assets and Liabilities:
- Total Assets: $197,735
- Total Liabilities: $70,828
- Net Assets: $126,907
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NMRC Tech Assistance
Revenue
$33,953
Miscellaneous
Revenue
$10,304
Data Base Fees
Revenue
$5,600
Organization Details
Founding Year
2003
Phone
(802) 658-1888Principal Officer
Chad Butt
Main Address
PO Box 103, Burlington, VT, 05402
Website
www.mentorvt.orgNTEE Category
Code: B99 - Education
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