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Vermont · Nonprofit

Northeast Kingdom Development Corporation

Northeast Kingdom Development Corporation (Vermont) receives grants from 1 organization whose IRS filings report $79,800 to it, the largest being Northern Forest Center Inc ($79,800). 0 of them have funded it in more than one year.

Revenue FY2025
$3.8M
Funders on record
1
Grants received
$80k
Net assets
$5.3M
0/1 repeat funders
01What it does

What Northeast Kingdom Development Corporation does

Mission

Fostering, encouraging and assisting the physical location of business enterprises within the States of Vermont and New Hampshire, and having its principal purpose be industrial and economic development of one or more political subdivisions of those states

As stated on its FY2025 Form 990.

Program

  1. Yellow Barn Yellow Barn is a unique public-private endeavor to offer best-in-class production and administrative space to new and expanding businesses at highly competitive rates. The Town of Hardwick owns the Yellow Barn. The Northeast Kingdom Development Corporation, a non-profit economic development entity, will act as fiscal agent for the facility. The Center for an Agricultural Economy will provide managerial oversight to the accelerator spaces available to new and expanding farm- and food-related businesses.

    $549,448 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $549,448.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($6) Expenses 0 ($0) Net assets 100 ($2k)2023 Revenue 5060950 ($304k) Expenses 100 ($387k) Net assets 20412 ($388k)2024 Revenue 60726783 ($3.6M) Expenses 522 ($2.0M) Net assets 137913 ($2.6M)2025 Revenue 63655700 ($3.8M) Expenses 142 ($549k) Net assets 279647 ($5.3M)
2017202320242025
Revenue (63655700)Expenses (142)Net assets (279647)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.2M to $9.9M (+714%).

$136k
$1.2M
$9.9M
$9.2M
2017202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 83% · 2024 96% · 2025 87%. Grants only. Government contracts and fees sit inside program revenue.

89% of Northeast Kingdom Development Corporation’s revenue is contributions — more donation-reliant than the typical peer (16% for the typical peer).

This organization
Typical peer · 1,617 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

$6
’17
−$83k
’23
$1.6M
’24
$3.3M
’25
9.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202320242025
Listed666
Joined·+0+0
No longer listed·00
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'25*
total
funders
1

From the IRS filings of Northeast Kingdom Development Corporation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Northeast Kingdom Development Corporation draws 100% of its grant income from funders outside Vermont, across 1 state in all.

NH

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Northeast Kingdom Development Corporation runs a healthier operating margin than three-quarters of the 1,012 employment nonprofits its size.

Operating margin86% · top quartile
Months of reserve9.7mo · top quartile
Revenue growth (annualized)431% · outside the comparable range

this organization peer median middle 50% of peers· 1,012 employment nonprofits $1M–$10M, FY2025

Government funding Northeast Kingdom Development Corporation receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.5M on record.

State$2.5M
22
23
24
25
Top programs
  • Other Grants$2.4M
  • ARPA-SLFRF Rev Replacement$93k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Northeast Kingdom Development Corporation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Vermont

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

VT

Screen this organization

A dated, signed PDF of the compliance screen for Northeast Kingdom Development Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Northeast Kingdom Development Corporation?
Northeast Kingdom Development Corporation (Vermont) receives grants from 1 organization whose IRS filings report $79,800 to it, the largest being Northern Forest Center Inc ($79,800). 0 of them have funded it in more than one year.
How many funders does Northeast Kingdom Development Corporation have?
IRS filings report 1 organization giving $79,800 in grants to Northeast Kingdom Development Corporation.
Who is the largest funder of Northeast Kingdom Development Corporation?
Northern Forest Center Inc is the largest funder on record, with $79,800 in grants. The full list of funders is on this page.
How can an organization like Northeast Kingdom Development Corporation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing