Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Liabilities / Revenue
50th percentile
Higher debt load relative to revenue than 50% of similar nonprofits.
Net Margin
25th percentile
Higher net margin than 25% of similar nonprofits.
Top Officer Pay
48th percentile
Higher top officer pay than 48% of similar nonprofits.
Top officer pay equals 1.8% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
18th percentile
Faster revenue growth than 18% of similar nonprofits.
Assets
Down$27,770,654
Down $1,485,242 (-5.1%) from 2018
Net Assets
Up$23,795,343
Up $127,373 (+0.5%) from 2018
Liabilities
Down$3,975,311
Down $1,612,615 (-29%) from 2018
Revenue
Down$13,540,453
Down $1,964,025 (-13%) from 2018
Expenses
Up$13,961,956
Up $85,780 (+0.6%) from 2018
Net Income
Down-$421,503
Down $2,049,805 (-126%) from 2018
To provide a supportive community and close personal attention to its students, vermont academy develops confident, active learners and respectful citizens.
We are devoted to creating confident and independent learners through personal attention in a unique vermont environment. We believe in our students and in their capacity to learn and develop into responsible, self-disciplined adults. Our faculty and staff are committed to helping students discover their individual talents and develop the character, strength, and skills to meet the challenges in their lives.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $12,827,306 | $12,339,927 | ▼ $487,379 |
| Land, Buildings, and Equipment, Net | $11,872,066 | $11,557,591 | ▼ $314,475 |
| Cash and Non-Interest-Bearing Accounts | $1,332,886 | $672,273 | ▼ $660,613 |
| Accounts Receivable | $170,569 | $177,563 | ▲ $6,994 |
| Inventories for Sale or Use | $118,659 | $102,589 | ▼ $16,070 |
| Prepaid Expenses and Deferred Charges | $195,732 | $53,498 | ▼ $142,234 |
| Pledges and Grants Receivable | $44,958 | $39,318 | ▼ $5,640 |
| Total Assets | $29,255,896 | $27,770,654 | ▼ $1,485,242 |
| Other Assets Total | $2,693,720 | $2,827,895 | ▲ $134,175 |
| Liabilities | |||
| Other Liabilities | $3,416,921 | $1,727,219 | ▼ $1,689,702 |
| Mortgage Notes Payable Secured by Investment Property | $1,340,439 | $1,513,643 | ▲ $173,204 |
| Accounts Payable and Accrued Expenses | $814,096 | $685,504 | ▼ $128,592 |
| Deferred Revenue | $16,470 | $48,945 | ▲ $32,475 |
| Total Liabilities | $5,587,926 | $3,975,311 | ▼ $1,612,615 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $13,667,804 | $13,270,852 | ▼ $396,952 |
| Permanently Rstr Net Assets | $8,819,879 | $9,076,460 | ▲ $256,581 |
| Temporarily Rstr Net Assets | $1,180,287 | $1,448,031 | ▲ $267,744 |
| Total Net Assets Fund Balance | $23,667,970 | $23,795,343 | ▲ $127,373 |
| Total Liabilities and Net Assets / Fund Balance | $29,255,896 | $27,770,654 | ▼ $1,485,242 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $10,526,632 | $11,148,033 | $21,674,665 |
| Equipment | $423,376 | $2,624,348 | $3,047,724 |
| Leasehold Improvements | $179,469 | $1,348,793 | $1,528,262 |
| Land | $316,624 | - | $316,624 |
| Other Land Buildings | $111,490 | - | $111,490 |
| Other Assets Org | $214,242 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2018 | $12,396,282 | $336,648 | ▲ $722,590 | $1,372,378 | $12,083,142 |
| 2017 | $11,696,174 | $215,191 | ▲ $730,801 | $245,884 | $12,396,282 |
| 2016 | $10,259,379 | $468,208 | ▲ $1,239,356 | $270,769 | $11,696,174 |
| 2015 | $10,500,470 | $343,013 | ▼ $210,294 | $373,810 | $10,259,379 |
| 2014 | $10,415,485 | $297,523 | ▲ $269,747 | $482,285 | $10,500,470 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jennifer Zaccara | Head of School | FT | $210,000 | $32,935 | $242,935 |
| Jeffery Seaton | CFO | FT | $118,750 | $46,940 | $165,690 |
| Name | Title |
|---|---|
| Micheal Choukas | Chairman |
| Richard Stark | Vice Chairman |
| Amy Howard | Trustee |
| Andrew Ward | Trustee |
| David Holton | Trustee |
| Lee Ryder | Trustee |
| Lori Paprin | Trustee |
| Mark Smith | Trustee |
| Matt Galanes | Trustee |
| Micheal Horowitz | Trustee |
| Patty Eppinger | Trustee |
| Peter Howe | Trustee |
| Steven Karol | Trustee |
| Thomas Capasse | Trustee |
| Tylor Tregellas | Trustee |
| Carrie Dunn | Secretary |
| Casey Cota | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Thomas Charters LLC | Transportation Services For Athletics & | 93 MONADNOCK HWY, Swanzey, NH 03431 | $121,664 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $6,231,621 |
| Other Expenses | $4,555,727 |
| Grants and Similar Amounts Paid | $3,174,608 |
| Total Fundraising Expense | $811,412 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $3,395,420 | $755,536 | $404,658 | $4,555,614 |
| Grants to Domestic Individuals | $3,174,608 | - | - | $3,174,608 |
| Other Employee Benefits | $651,804 | $183,417 | $77,687 | $912,908 |
| Depreciation Depletion | $674,302 | $20,300 | $5,390 | $699,992 |
| Occupancy | $576,312 | $17,315 | $4,597 | $598,224 |
| Payroll Taxes | $254,495 | $118,171 | $29,484 | $402,150 |
| Current Officers, Directors, Trustees, and Key Employees | - | $360,949 | - | $360,949 |
| Travel | $237,980 | $78,916 | $12,204 | $329,100 |
| All Other Expenses | $269,517 | $39,715 | $160 | $309,392 |
| Fees for Services Other | $48,469 | $94,381 | $129,333 | $272,183 |
| Other Expenses | $79,873 | $109,007 | $25,888 | $214,768 |
| Insurance | $144,359 | $54,048 | $1,133 | $199,540 |
| Advertising | - | $90,159 | $91,712 | $181,871 |
| Fees for Services Legal | - | $82,706 | - | $82,706 |
| Interest | $77,314 | - | - | $77,314 |
| Office Expenses | $17,031 | $41,536 | $15,388 | $73,955 |
| Fees for Services Accounting | - | $63,002 | - | $63,002 |
| Information Technology | $54,508 | - | - | $54,508 |
| Fees for Service Investment Mgmnt Fees | - | $26,999 | - | $26,999 |
| Total Functional Expenses | $10,898,222 | $2,252,322 | $811,412 | $13,961,956 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $13,961,956 |
| Total Expenses per Audited Statements | $10,851,113 |
| Expenses per Audited Statements | $10,760,349 |
| Expenses Not Reported on Financial Statements | $3,201,607 |
| Other Expense Adjustments | $3,174,608 |
| Expenses Not Reported on Form 990 | $90,764 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Casey Cota | Academy Trustee | The Academy Purchases a Portion of Its Heating Fuel and Also Receives Service on Their Heating Equipment From a Company Whose Shareholder Is Also a Trustee of the Academy | No | $457,316 |
| David Holton | Academy Trustee | The Academy Purchases Property and Casualty Insurance From an Insurance Agent Who Is Also a Trustee of the Academy | No | $226,831 |
| Liability | Amount |
|---|---|
| Advanced Tuition | $1,491,429 |
| Split-interest Annuities | $234,798 |
| Capital Lease Obligation | $992 |
“A copy of the form 990 is provided to the organization's governing body before it is filed.”
“The cfo and business manager's salaries are set by the head of school. The head of school's salary is set by the board of trustees after a committee review and recommendation.”
“A request for the organization's governing documents, conflict of interest policy, and financial statements should be made to the business office.”
“Change in the value of split-interest agreements 26,250.”
“Most funds that are specifically directed are directed to financial aid/scholarship and those funds are used for financial aid scholarship. Finally any unspecified funds are used for general support of the school and generally would be considered to have been spent on financial aid for which the school spends approximately $3,000,000 per year.”
“Asc subtopic 740-10, accounting for uncertainty in income taxes, addresses the accounting uncertainty of income taxes recognized in an enterprise's financial statements and prescribes a threshold of "more-likely-than-not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Subtopic 740-10 also provides guidance on measurement classification, interest and penalties and disclosure. The academy has determined that the provisions of subtopic 740-10 do not have a material effect on the academy's financial statements. The academy believes it is no longer subject to examinations for years prior to 2016.”
“Change in value of split interest agreements 26,250. Financial aid -3,174,608.”
“Cost of goods sold -90,764.”
“Cost of goods sold 90,764.”
“FINANCIAL AID 3,174,608.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 814096 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 685504 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 170569 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 177563 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | WE ARE DEVOTED TO CREATING CONFIDENT AND INDEPENDENT LEARNERS THROUGH PERSONAL ATTENTION IN A UNIQUE VERMONT ENVIRONMENT. WE BELIEVE IN OUR STUDENTS AND IN THEIR CAPACITY TO LEARN AND DEVELOP INTO RESPONSIBLE, SELF-DISCIPLINED ADULTS. OUR FACULTY AND STAFF ARE COMMITTED TO HELPING STUDENTS DISCOVER THEIR INDIVIDUAL TALENTS AND DEVELOP THE CHARACTER, STRENGTH, AND SKILLS TO MEET THE CHALLENGES IN THEIR LIVES. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 91712 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 90159 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 181871 |
| IRS990/AllOtherContributionsAmt | 0 | 1857727 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 160 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 39715 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 269517 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 309392 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 0 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JEFFREY SEATON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8028696200 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 10 LONG WALK VERMONT ACADEMY |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SAXTONS RIVER |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 05154 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 1 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1332886 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 672273 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 360949 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 360949 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 121664 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 93 MONADNOCK HWY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | SWANZEY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | NH |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 03431 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | THOMAS CHARTERS LLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | TRANSPORTATION SERVICES FOR ATHLETICS & |
| IRS990/CostOfGoodsSoldAmt | 0 | 90764 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1857727 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 3174608 |
| IRS990/CYInvestmentIncomeAmt | 0 | 470079 |
| IRS990/CYOtherExpensesAmt | 0 | 4555727 |
| IRS990/CYOtherRevenueAmt | 0 | 54049 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 11158598 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -421503 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 6231621 |
| IRS990/CYTotalExpensesAmt | 0 | 13961956 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 811412 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 13540453 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 16470 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 48945 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 5390 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 20300 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 674302 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 699992 |
| IRS990/Desc | 0 | VERMONT ACADEMY IS A PRIVATE BOARDING AND DAY SCHOOL PROVIDING A BROAD CURRICULUM AND AN EXTENSIVE ATHLETIC PROGRAM. PROGRAMS OF NOTE ARE FOUND IN THE LEARNING SKILLS PROGRAM, THE ARTS, AND IN OUR SCIENCE AND ENGINEERING CURRICULUM. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 198 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 10789657 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 63002 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 63002 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 82706 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 82706 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 129333 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 94381 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 48469 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 272183 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 26999 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 26999 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 32935 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 46940 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | THOMAS CAPASSE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MICHEAL CHOUKAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CASEY COTA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CARRIE DUNN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | PATTY EPPINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MATT GALANES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DAVID HOLTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MICHEAL HOROWITZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | AMY HOWARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | PETER HOWE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | STEVEN KAROL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | LORI PAPRIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | LEE RYDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MARK SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | RICHARD STARK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | TYLOR TREGELLAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | ANDREW WARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | JENNIFER ZACCARA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | JEFFERY SEATON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 210000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 118750 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | VICE CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | HEAD OF SCHOOL |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | CFO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1876 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 6746 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 81406 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 17 |
| IRS990/GrantAmt | 0 | 3174608 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 3174608 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 3174608 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 92325 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 81406 |
| IRS990/GrossReceiptsAmt | 0 | 13716796 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 29593 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 115220 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 17 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 54508 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 54508 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 1133 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 54048 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 144359 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 199540 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 77314 |
| IRS990/InterestGrp/TotalAmt | 0 | 77314 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 118659 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 102589 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 381927 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 381927 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 12827306 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 12339927 |
| IRS990/IRPDocumentCnt | 0 | 47 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 15121174 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 11872066 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 11557591 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 26678765 |
| IRS990/LegalDomicileStateCd | 0 | VT |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 85579 |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 0 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE A SUPPORTIVE COMMUNITY AND CLOSE PERSONAL ATTENTION TO ITS STUDENTS, VERMONT ACADEMY DEVELOPS CONFIDENT, ACTIVE LEARNERS AND RESPECTFUL CITIZENS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1340439 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1513643 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 23667970 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 23795343 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 88152 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 88152 |
| IRS990/NetIncomeOrLossGrp/ExclusionAmt | 0 | 24456 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 24456 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 9154 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 29593 |
| IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | 20439 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 522626 |
| IRS990/NoncashContributionsAmt | 0 | 632 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 4597 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 17315 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 576312 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 598224 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 15388 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 41536 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 17031 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 73955 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2693720 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2827895 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 26250 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 77687 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 183417 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 651804 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 912908 |
| IRS990/OtherExpensesGrp/Desc | 0 | SUPPLIES AND SMALL EQUI |
| IRS990/OtherExpensesGrp/Desc | 1 | EDUCATION PROGRAMS |
| IRS990/OtherExpensesGrp/Desc | 2 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 3 | NOT OTHERWISE CLASSIFIE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 10967 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 2811 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 25888 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 105648 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 10517 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 109007 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 490498 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 395366 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 356366 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 79873 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 607113 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 395366 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 369694 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 214768 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 3416921 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1727219 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 404658 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 755536 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 3395420 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 4555614 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 29484 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 118171 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 254495 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 402150 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 8819879 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 9076460 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 44958 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 39318 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 195732 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 53498 |
| IRS990/PrincipalOfficerNm | 0 | JENNIFER ZACCARA |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | PROGRAM SUPPORTING REV |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | SUMMER PROGRAM REV. |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 10429656 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 663611 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 65331 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 10429656 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 663611 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 65331 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | VERMONT ACADEMY IS HOST TO A SUMMER PROGRAM HELD DURING THE SUMMER RECESS THAT FEATURES EDUCATIONAL AND PROFESSIONAL STUDY AND REVIEW FOR PREMIER SCIENTISTS IN THE FIELD OF BIOLOGY AND LIFE SCIENCES. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 108565 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 65331 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1979025 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 3009918 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1311671 |
| IRS990/PYOtherExpensesAmt | 0 | 4273157 |
| IRS990/PYOtherRevenueAmt | 0 | 74275 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 12139507 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1628302 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 6593101 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.