Vermont · Nonprofit
VERMONT CENTER FOR EMERGING TECHNOLOGIES INC
VERMONT CENTER FOR EMERGING TECHNOLOGIES INC (Vermont) receives grants from 5 organizations whose IRS filings report $128,001 to it, the largest being THE VERMONT COMMUNITY FOUNDATION ($70,000). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $1.5M
- Funders on record
- 5
- Grants received
- $128k
- Net assets
- $5.2M
What Vermont Center for Emerging Technologies Inc does
Mission
Vcet's purpose is to accelerate innovation and entrepreneurship across vermont. This is accomplished by providing expert mentoring and technical assistance, the operation of coworking/incubation facilities and the operation of early stage seed capital venture funds.
As stated on its FY2024 Form 990.
Program
Vcet has worked with over 3,700 start-ups, entrepreneurs and students and operates a coworking facility serving over 250 members annually. Vcet curates an expert mentor network, provides free expert advice to 377 clients a year and makes direct investments from two evergreen venture capital funds. Vcet works directly with and supports entrepreneurs to form, incubate and accelerate ideas and innovations into commercial enterprises. In 2013, vcet was named 11 globally and 5 in the us by the ubi index. In 2018, vcet received a rural impact award by the inbia global trade association. In 2024, vcet was awarded as an inc power partner. Visit at www.vcet.co and follow @vcet on twitter. Services include: -providing coaching and mentoring from both on-site and affiliated experts at no charge to clients. -establishing connections to angel investors, foundations, economic development organizations and venture capital resources for capital formation and syndicates. -assisting with grants and loans from local, state, and federal sources, including providing federal sbir application aid and support. -offering a network of managerial, financing and professional resources -business advisory,…
$751,885 spent$275,157 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $751,885.
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.
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 $4.5M to $13M (+198%).
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.
Government-grant reliance: 2017 35% · 2018 36% · 2019 33% · 2020 82% · 2021 19% · 2022 70% · 2023 23% · 2024 60%. Grants only. Government contracts and fees sit inside program revenue.
77% of VERMONT CENTER FOR EMERGING TECHNOLOGIES INC’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
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.
Board chair
Frank Cioffi
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2019 → 2023: the base held at 1 funder, grant income rose $5k → $6k.
5 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of VERMONT CENTER FOR EMERGING TECHNOLOGIES INC’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.
How concentrated its funding is
VERMONT CENTER FOR EMERGING TECHNOLOGIES INC leans on a few funders — its largest provides 55% of grant income and the top three 88%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VERMONT CENTER FOR EMERGING TECHNOLOGIES INC.
Largest funder’s share by year: 2019 100% · 2020 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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
100% of VERMONT CENTER FOR EMERGING TECHNOLOGIES INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.
Funder states come from each funder’s own filing. $128k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
VERMONT CENTER FOR EMERGING TECHNOLOGIES INC runs a healthier operating margin than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding VERMONT CENTER FOR EMERGING TECHNOLOGIES INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $19.2M on record — $17.0M federal, $2.2M state.
- Department of Housing and Urban Development$9.0M
- Small Business Administration$8.0M
- Other Grants$1.1M
- Grants$1.0M
- Property - Land$75k
- Cost of Property Mgmt Services$592
- Rubbish Removal$305
- Other Purchased Services$81
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 VERMONT CENTER FOR EMERGING TECHNOLOGIES INC
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Public support
95%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 3 related entities
- Vcet Capital Corporation · corp_trust
- Vcet Capital Investors · corp_trust
- Vcet Equity Corporation · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for VERMONT CENTER FOR EMERGING TECHNOLOGIES INC: 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.
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 VERMONT CENTER FOR EMERGING TECHNOLOGIES INC?
- VERMONT CENTER FOR EMERGING TECHNOLOGIES INC (Vermont) receives grants from 5 organizations whose IRS filings report $128,001 to it, the largest being THE VERMONT COMMUNITY FOUNDATION ($70,000). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does VERMONT CENTER FOR EMERGING TECHNOLOGIES INC have?
- IRS filings report 5 organizations giving $128,001 in grants to VERMONT CENTER FOR EMERGING TECHNOLOGIES INC, 1 of which have funded it in more than one year.
- Who is the largest funder of VERMONT CENTER FOR EMERGING TECHNOLOGIES INC?
- THE VERMONT COMMUNITY FOUNDATION is the largest funder on record, with $70,000 in grants. The full list of funders is on this page.
- How can an organization like VERMONT CENTER FOR EMERGING TECHNOLOGIES INC 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.
Play a game about who funds Vermont Center for Emerging Technologies →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 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