Structural Deficit
What does this mean?
Persistently low financial health over 5 years despite strong programmatic output. They are borrowing from their future (or bleeding an endowment) to pay for today's programs.
The Path Forward
The Truth-Teller
Forces necessary, painful cuts to preserve the core. It demands that the organization stop borrowing from its future and align its current programmatic output with actual sustainable revenue.
Title
Representative Institutions
Institutional Epochs
Historical Performance
| Year | Revenue | Top Comp | Comp % Rev | Score | Phase Label | Outlook | Details |
|---|---|---|---|---|---|---|---|
| 2024 | Hidden | Hidden | — | — | Unknown | — | |
| 2023 | Hidden | Hidden | 5.7% | 39 | Fragile | Recovery | |
| 2022 | — | — | — | 27 | Critical Intervention Needed | Decline Risk | |
| 2021 | Hidden | Hidden | — | 34 | Critical Intervention Needed | Recovery | |
| 2020 | — | — | — | 47 | Fragile | Recovery | |
| 2019 | — | — | — | 32 | Critical Intervention Needed | Recovery | |
| 2018 | — | — | — | 47 | Fragile | Recovery | |
| 2017 | — | — | — | 43 | Financially Distressed | Stable Watch | |
| 2016 | — | — | — | 43 | Financially Distressed | Stable Watch | |
| 2015 | — | — | — | 43 | Financially Distressed | Decline Risk | |
| 2014 | — | — | — | 55 | Fragile | Recovery | |
| 2013 | — | — | — | 43 | Fragile | Decline Risk | |
| 2012 | — | — | — | 42 | Fragile | Recovery | |
| 2011 | — | — | — | 37 | Fragile | Stable Watch |
Officer compensation history
Tax year 2025
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Allison Steinmetz | Board Member | 5.6% of Rev | ||
| James Malcolm | Board President | — | ||
| Richard Marshak | Board President | — | ||
| Elizabeth Karnes Keefe | Secretary | — | ||
| Donald Devost | Treasurer | — | ||
| Michele Brown | Treasurer | — | ||
| Richard Isenberg | Board Member | — | ||
| Gail Miller | Board Member | — | ||
| Catherine Clark | Board Member | — | ||
| Arlinda Wickland | Board Member | — | ||
| David Clark | Board Member | — | ||
| Jonathan Isham | Board Member | — | ||
| Wayne Hobbs | Board Member | — | ||
| Jim Pugh | Board Member | — | ||
| Norma Norland | Board Member | — | ||
| Robin LaPlante | Board Member | — |
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| ELIZABETH KARNES KEEFE | Secretary | — | ||
| RICHARD MARSHAK | VICE PRESIDE | — | ||
| JAMES MALCOLM | Board President | — | ||
| DONALD DEVOST | Treasurer | — | ||
| DEBORAH ANDERSON | Board Member | — | ||
| MICHELE BROWN | Board Member | — | ||
| SARAH CULLINS | Board Member | — | ||
| RICHARD ISENBERG | Board Member | — | ||
| GAIL MILLER | Board Member | — | ||
| NORMA NORLAND | Board Member | — | ||
| JIM PUGH | Board Member | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| DONALD DEVOST | Treasurer | — |
Score breakdown
The three components combine into a single 0–100 score weighted as shown. Full methodology →
Peer comparison
Compared to 61 other orgs in VT with NTEE prefix A6.
Most-divergent component: financial score sits 32 points below the peer median (25 vs. 57).
5-year trend: Structural Deficit
Persistently low financial health over 5 years despite strong programmatic output. They are borrowing from their future (or bleeding an endowment) to pay for today's programs.
What's driving this score
- Comp-to-revenue ratio of 5.7% sits within the sector's healthy band (18–22%).
- Financial resilience score in the bottom quartile — reserves and liabilities ratios warrant review.
What would change this score
The two changes that would most improve this score:
- Build cash reserves to at least 3 months of operating expenses — moves financial resilience score meaningfully (~10 points).
Improving governance is a board decision. These are the levers.