Overview
What is Vermont Permanency Initiative Inc?
Vermont Permanency Initiative Inc is a nonprofit organization located in Plymouth, New Hampshire. Their primary focus is to provide residential treatment and related educational and ancillary services for adolescents and young adults in Vermont. The organization aims to operate schools and residential treatment facilities, as well as community-based services, to support the engagement and transition of youth and families. They currently employ a staff of 279 individuals and are dedicated to establishing, organizing, and maintaining programs to enhance the lives of at-risk children and youth in Vermont.
Official website here: www.vermontpermanencyinitiative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Vermont Permanency Initiative Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management within the organization. This rating is based entirely on their strong performance in the Accountability & Finance category, underscoring their commitment to transparency and responsible stewardship of funds.
The organization demonstrates exemplary governance practices, including a board composed entirely of independent members, which enhances its credibility. Their financial operations are robust, with an impressive program expense ratio of 82.10%, indicating that a significant portion of their funds is allocated directly to their programs. Furthermore, they have sound policies in place for conflict of interest, whistleblowing, and document retention, which are essential for maintaining integrity within their operations.
While the data does not indicate any major concerns, the organization’s low liabilities to assets ratio of 16.73% suggests a solid financial position, though ongoing monitoring is essential to ensure sustained fiscal health. Overall, Vermont Permanency Initiative Inc appears to be a well-managed nonprofit with a strong focus on its mission and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Vermont Permanency Initiative Inc legitimate?
Vermont Permanency Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Permanency Initiative 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: $397,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,001,320
For more financial information, click here
Official website here: www.vermontpermanencyinitiative.org
What is the mission statement of Vermont Permanency Initiative Inc?
The Vermont Permanency Initiative Inc is dedicated to operating programs that cater to the education and treatment of at-risk children and youth in Vermont. Their mission encompasses the establishment, organization, and maintenance of both residential treatment facilities and related community-based services. These services aim to promote community engagement and facilitate the transition of youth and families. The initiative provides essential residential treatment and ancillary services to adolescents and young adults, working towards their overall well-being.
Official website here: www.vermontpermanencyinitiative.org
Who is the CEO of Vermont Permanency Initiative Inc?
Jeffrey Caron is the President of Vermont Permanency Initiative Inc.
Official website here: www.vermontpermanencyinitiative.org
What is the revenue of Vermont Permanency Initiative Inc?
Vermont Permanency Initiative Inc's revenue in 2022 was $14,500,913.
Official website here: www.vermontpermanencyinitiative.org
Who are the executives of Vermont Permanency Initiative Inc and what are their salaries?
The average compensation at Vermont Permanency Initiative Inc during 2022 was $26,520. There are 279 employees and 6 volunteers at Vermont Permanency Initiative Inc.
Here are 12 key members and their salaries:
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- Compensation: $233,765
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- Other: $16,970
- Compensation: $143,942
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- Compensation: $115,699
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- Other: $25,780
- Compensation: $110,863
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- Other: $10,510
Official website here: www.vermontpermanencyinitiative.org
Where can I find the form 990 for Vermont Permanency Initiative Inc?
Vermont Permanency Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vermontpermanencyinitiative.org
Learn more at the official website: www.vermontpermanencyinitiative.org
Mission Statement of Vermont Permanency Initiative Inc
Vermont Permanency Initiative Inc, a dedicated organization, is committed to operating school and residential treatment facilities, as well as providing related community-based services for at-risk children and youth in Vermont. The mission of this esteemed nonprofit is to support these young individuals and their families, fostering community engagement and facilitating a smooth transition towards a better future.
In their endeavor to make a difference, Vermont Permanency Initiative Inc offers residential treatment and a range of ancillary services to adolescents and young adults. Their approach is multifaceted, addressing the unique needs of each young person through education and evidence-based treatment methods. The organization's ultimate goal is to help these young individuals develop essential skills and regain stability, enabling them to re-engage with their communities and reach their full potential.
Moreover, Vermont Permanency Initiative Inc's commitment to community-based services extends beyond the walls of their treatment facilities. They strive to provide comprehensive support, ensuring that every young person receives the care and resources they need to thrive. By working closely with families and community partners, the organization fosters a collaborative and holistic approach to addressing the complex challenges faced by at-risk children and youth in Vermont.
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Impact
October, 2024
Vermont Permanency Initiative Inc significantly impacts the lives of at-risk children and youth in Vermont through its comprehensive programs aimed at education and treatment. By providing residential treatment and related educational services, the organization directly addresses the needs of adolescents and young adults struggling with various challenges.
The initiative operates school and residential treatment facilities designed to foster personal growth and development. These programs not only focus on therapeutic interventions but also emphasize community engagement, which is crucial for supporting youth and their families as they navigate transitions in their lives.
By offering ancillary services alongside its core programs, Vermont Permanency Initiative Inc creates a holistic approach that promotes the well-being of youth. This commitment to providing a nurturing environment helps empower young individuals, equips them with the skills necessary to thrive, and ultimately supports their successful reintegration into the community. The initiative’s focus on youth development fosters resilience and equips participants with the tools needed to overcome adversity, paving the way for brighter futures.
This information is meant to be a general summary of Vermont Permanency Initiative 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 2022.
- Investment Income: -$1,527
- Program Service Revenue: $14,129,918
- Gross Receipts: $14,638,205
Assets and Liabilities:
- Total Assets: $12,996,079
- Total Liabilities: $4,345,430
- Net Assets: $8,650,649
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition, room & board
Revenue
$14,054,432
Other Income
Revenue
$75,486
Organization Details
Founding Year
2012
Phone
(603) 353-9102Principal Officer
Jeffrey Caron
Main Address
PO Box 328, Plymouth, NH, 03268
NTEE Category
Code: O50 - Youth development
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