Civic Intelligence

Vermont Academy

990 • Fiscal year 2021 • EIN 03-0179600

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

Organization ProfileVERMONTACADEMY.ORG

View Organization Page

PO Box 500Saxtons River, VT 05154

(802) 869-6200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.13x

Higher debt load relative to assets than 41% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

53rd percentile

0.30x

Higher debt load relative to revenue than 53% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

47th percentile

11%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

61st percentile

$292,912

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

25th percentile

1.6%

Faster asset growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

7.5%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$27,535,481

Up $435,657 (+1.6%) from 2020

Net Assets

Up

$23,921,590

Up $1,279,195 (+5.6%) from 2020

Liabilities

Down

$3,613,891

Down $843,538 (-19%) from 2020

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin47th percentile

Revenue

Up

$12,078,437

Up $846,620 (+7.5%) from 2020

Expenses

Down

$10,799,242

Down $1,732,293 (-14%) from 2020

Net Income

Up

$1,279,195

Up $2,578,913 (+198%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $21,110,308Liabilities 2010: $6,116,581Net Assets 2010: $14,993,7272010Assets 2011: $22,304,248Liabilities 2011: $5,961,322Net Assets 2011: $16,342,9262011Assets 2012: $22,553,322Liabilities 2012: $5,999,477Net Assets 2012: $16,553,8452012Assets 2013: $22,722,809Liabilities 2013: $5,697,382Net Assets 2013: $17,025,4272013Assets 2014: $25,857,856Liabilities 2014: $6,503,533Net Assets 2014: $19,354,3232014Assets 2015: $27,494,722Liabilities 2015: $6,025,235Net Assets 2015: $21,469,4872015Assets 2016: $27,758,096Liabilities 2016: $6,580,263Net Assets 2016: $21,177,8332016Assets 2017: $28,660,152Liabilities 2017: $6,162,593Net Assets 2017: $22,497,5592017Assets 2018: $29,255,896Liabilities 2018: $5,587,926Net Assets 2018: $23,667,9702018Assets 2019: $27,770,654Liabilities 2019: $3,975,311Net Assets 2019: $23,795,3432019Assets 2020: $27,099,824Liabilities 2020: $4,457,429Net Assets 2020: $22,642,3952020Assets 2021: $27,535,481Liabilities 2021: $3,613,891Net Assets 2021: $23,921,5902021Assets 2022: $24,019,233Liabilities 2022: $5,070,623Net Assets 2022: $18,948,6102022Assets 2023: $24,585,152Liabilities 2023: $6,629,731Net Assets 2023: $17,955,4212023Assets 2024: $23,008,017Liabilities 2024: $3,260,624Net Assets 2024: $19,747,3932024

Highlighted filing

2021

Assets$27,535,481
Liabilities$3,613,891
Net Assets$23,921,590
Open 2021 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MExpenses 2010: $10,375,9932010Expenses 2011: $11,629,3692011Expenses 2012: $11,979,6062012Revenue 2013: $11,786,915Expenses 2013: $12,611,178Net Income 2013: -$824,2632013Revenue 2014: $14,914,070Expenses 2014: $13,205,987Net Income 2014: $1,708,0832014Revenue 2015: $13,786,020Expenses 2015: $13,845,671Net Income 2015: -$59,6512015Revenue 2016: $13,605,127Expenses 2016: $14,619,870Net Income 2016: -$1,014,7432016Revenue 2017: $14,085,957Expenses 2017: $13,885,479Net Income 2017: $200,4782017Revenue 2018: $15,504,478Expenses 2018: $13,876,176Net Income 2018: $1,628,3022018Revenue 2019: $13,540,453Expenses 2019: $13,961,956Net Income 2019: -$421,5032019Revenue 2020: $11,231,817Expenses 2020: $12,531,535Net Income 2020: -$1,299,7182020Revenue 2021: $12,078,437Expenses 2021: $10,799,242Net Income 2021: $1,279,1952021Revenue 2022: $10,107,402Expenses 2022: $15,080,382Net Income 2022: -$4,972,9802022Revenue 2023: $15,106,285Expenses 2023: $16,099,474Net Income 2023: -$993,1892023Revenue 2024: $18,782,655Expenses 2024: $18,864,241Net Income 2024: -$81,5862024

Highlighted filing

2021

Revenue$12,078,437
Expenses$10,799,242
Net Income$1,279,195
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$12,078,437
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,544,653$11,544,673▲ $20
Land, Buildings, and Equipment, Net$11,021,313$11,081,451▲ $60,138
Accounts Receivable$166,794$788,515▲ $621,721
Cash and Non-Interest-Bearing Accounts$1,352,175$590,504▼ $761,671
Prepaid Expenses and Deferred Charges$84,407$485,316▲ $400,909
Pledges and Grants Receivable$76,528$190,718▲ $114,190
Inventories for Sale or Use$112,770$112,770→ $0
Total Assets$27,099,824$27,535,481▲ $435,657
Other Assets Total$2,741,184$2,741,534▲ $350
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,362,578$2,276,850▼ $85,728
Accounts Payable and Accrued Expenses$307,464$861,716▲ $554,252
Deferred Revenue$1,565,544$244,982▼ $1,320,562
Other Liabilities$221,843$230,343▲ $8,500
Total Liabilities$4,457,429$3,613,891▼ $843,538
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,212,846$13,492,041▲ $1,279,195
Net Assets With Donor Restrictions$10,429,549$10,429,549→ $0
Total Net Assets Fund Balance$22,642,395$23,921,590▲ $1,279,195
Total Liabilities and Net Assets / Fund Balance$27,099,824$27,535,481▲ $435,657

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,054,500$11,686,191$21,740,691
Equipment$381,819$2,721,398$3,103,217
Leasehold Improvements$286,508$1,373,279$1,659,787
Land$316,624-$316,624
Other Land Buildings$42,000-$42,000
Other Assets Org$350--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$11,320,809---$11,320,809
2019$12,083,142$106,063▲ $527,499$1,395,895$11,320,809
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
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer ZaccaraHead of SchoolFT$243,846$49,066$292,912
Jeffery SeatonCFOFT$127,605$55,762$183,367

Board Members and Trustees

NameTitle
Micheal ChoukasChairman
Casey CotaVice Chair
Carrie DunnTrustee
Cathy McdermottTrustee
Chris CotaTrustee
David HoltonTrustee
Francis WillettTrustee
Linda SaarnijokiTrustee
Mark SmithTrustee
N'DIA RIEGLERTrustee
Patty EppingerTrustee
Peter HoweTrustee
Richard StarkTrustee
Steven KarolTrustee
Tom OxholmTrustee
Tylor TregellasTrustee
Vaughan HennumTrustee
William HosleyTrustee
Amy HowardSecretary
Matt GalanesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Sage Dining Services INCDining Services1402 YORK ROAD, Lutherville, MD 21093$900,272
Marts & LundyAdvancement Consulting Services160 CHUBB AVENUE SUITE 303, Lyndhurst, NJ 07071$152,200
Revenue and Support

Revenue Composition

Contributions and Grants
$1,241,875
Program Service Revenue
$10,774,407
Investment Income
$59,505
Other Revenue
$2,650
All Other Contributions
$1,241,875
Change in Net Assets
$1,279,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,581,227
Other Expenses$2,610,711
Salaries, Compensation, and Employee Benefits$1,607,304
Total Fundraising Expense$398,028
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$6,581,227--$6,581,227
Other Employee Benefits$370,912$326,196$11,015$708,123
Occupancy$470,406$14,162$3,760$488,328
Other Salaries and Wages$417,392$26,141$12,395$455,928
Current Officers, Directors, Trustees, and Key Employees-$386,388-$386,388
Other Expenses$222,131$10,108$2,729$222,131
Advertising-$91,207$30,998$122,205
Interest$84,650--$84,650
All Other Expenses$31,054$37,358$11,539$79,951
Insurance$75,467--$75,467
Office Expenses$15,324$32,775$22,420$70,519
Fees for Services Accounting-$60,822-$60,822
Payroll Taxes$28,912$27,094$859$56,865
Fees for Services Legal-$52,933-$52,933
Travel$50,373$1,736-$52,109
Information Technology$46,213--$46,213
Fees for Services Other-$27,870-$27,870
Total Functional Expenses$9,161,746$1,239,468$398,028$10,799,242
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Split-interest Annuities$220,851
Faculty Deposits$8,500
Capital Lease Obligation$992
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is provided to the organization's governing body before it is filed.”

Form 990, Part VI, Section B, Line 15A

“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.”

Form 990, Part VI, Section C, Line 19

“A request for the organization's governing documents, conflict of interest policy, and financial statements should be made to the business office.”

Filing and Contact Details

Filer

Filer Name
Vermont Academy
EIN
03-0179600
Phone
8028696200
Address
PO BOX 500, SAXTONS RIVER, VT 05154

Signing Officer

Name
Kathryn Aldrich
Title
Business Manager
Phone
8028696200
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Zaccara
Formed
1876
Legal Domicile
Vt
Voting Board Members
20
Independent Board Members
20
Employees
135
Volunteers
0

Preparer

Firm
Tyler Simms & St Sauveur Cpas Pc
Address
19 MORGAN DRIVE, LEBANON, NH 03766
Preparer
James N Godfrey CPA
Phone
6036530044
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“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.”

PART X, LINE 2:

“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 2017.”

Raw XML AppendixShowing 400 of 652 raw XML fields

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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0307464
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0861716
IRS990/AccountsReceivableGrp/BOYAmt0166794
IRS990/AccountsReceivableGrp/EOYAmt0788515
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WE 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/FundraisingAmt030998
IRS990/AdvertisingGrp/ManagementAndGeneralAmt091207
IRS990/AdvertisingGrp/TotalAmt0122205
IRS990/AllOtherContributionsAmt01241875
IRS990/AllOtherExpensesGrp/FundraisingAmt011539
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt037358
IRS990/AllOtherExpensesGrp/ProgramServicesAmt031054
IRS990/AllOtherExpensesGrp/TotalAmt079951
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum08028696200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 500
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAXTONS RIVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd005154
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01352175
IRS990/CashNonInterestBearingGrp/EOYAmt0590504
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0386388
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0386388
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0900272
IRS990/ContractorCompensationGrp/CompensationAmt1152200
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01402 YORK ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1160 CHUBB AVENUE SUITE 303
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LUTHERVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1LYNDHURST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd021093
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd107071
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SAGE DINING SERVICES INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1MARTS & LUNDY
IRS990/ContractorCompensationGrp/ServicesDesc0DINING SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1ADVANCEMENT CONSULTING SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01241875
IRS990/CYGrantsAndSimilarPaidAmt06581227
IRS990/CYInvestmentIncomeAmt059505
IRS990/CYOtherExpensesAmt02610711
IRS990/CYOtherRevenueAmt02650
IRS990/CYProgramServiceRevenueAmt010774407
IRS990/CYRevenuesLessExpensesAmt01279195
IRS990/CYSalariesCompEmpBnftPaidAmt01607304
IRS990/CYTotalExpensesAmt010799242
IRS990/CYTotalFundraisingExpenseAmt0398028
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012078437
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01565544
IRS990/DeferredRevenueGrp/EOYAmt0244982
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0VERMONT 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/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt010429549
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt010429549
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0135
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt09161746
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt060822
IRS990/FeesForServicesAccountingGrp/TotalAmt060822
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt052933
IRS990/FeesForServicesLegalGrp/TotalAmt052933
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt027870
IRS990/FeesForServicesOtherGrp/TotalAmt027870
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2049066
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2155762
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHEAL CHOUKAS
IRS990/Form990PartVIISectionAGrp/PersonNm1CASEY COTA
IRS990/Form990PartVIISectionAGrp/PersonNm2AMY HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm3MATT GALANES
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRIS COTA
IRS990/Form990PartVIISectionAGrp/PersonNm5CARRIE DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm6PATTY EPPINGER
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID HOLTON
IRS990/Form990PartVIISectionAGrp/PersonNm8WILLIAM HOSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm9PETER HOWE
IRS990/Form990PartVIISectionAGrp/PersonNm10STEVEN KAROL
IRS990/Form990PartVIISectionAGrp/PersonNm11N'DIA RIEGLER
IRS990/Form990PartVIISectionAGrp/PersonNm12LINDA SAARNIJOKI
IRS990/Form990PartVIISectionAGrp/PersonNm13MARK SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm14RICHARD STARK
IRS990/Form990PartVIISectionAGrp/PersonNm15TYLOR TREGELLAS
IRS990/Form990PartVIISectionAGrp/PersonNm16FRANCIS WILLETT
IRS990/Form990PartVIISectionAGrp/PersonNm17VAUGHAN HENNUM
IRS990/Form990PartVIISectionAGrp/PersonNm18TOM OXHOLM
IRS990/Form990PartVIISectionAGrp/PersonNm19CATHY MCDERMOTT
IRS990/Form990PartVIISectionAGrp/PersonNm20JENNIFER ZACCARA
IRS990/Form990PartVIISectionAGrp/PersonNm21JEFFERY SEATON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20243846
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21127605
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt21CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01876
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt06581227
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt06581227
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt06581227
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt012078437
IRS990/GrossRentsGrp/RealAmt02650
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt046213
IRS990/InformationTechnologyGrp/TotalAmt046213
IRS990/InsuranceGrp/ProgramServicesAmt075467
IRS990/InsuranceGrp/TotalAmt075467
IRS990/InterestGrp/ProgramServicesAmt084650
IRS990/InterestGrp/TotalAmt084650
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0112770
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0112770
IRS990/InvestmentIncomeGrp/ExclusionAmt059505
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt059505
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt011544653
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011544673
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt015780868
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011021313
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011081451
IRS990/LandBldgEquipCostOrOtherBssAmt026862319
IRS990/LegalDomicileStateCd0VT
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE A SUPPORTIVE COMMUNITY AND CLOSE PERSONAL ATTENTION TO ITS STUDENTS, VERMONT ACADEMY DEVELOPS CONFIDENT, ACTIVE LEARNERS AND RESPECTFUL CITIZENS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02362578
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02276850
IRS990/NetAssetsOrFundBalancesBOYAmt022642395
IRS990/NetAssetsOrFundBalancesEOYAmt023921590
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02650
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02650
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012212846
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013492041
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03760
IRS990/OccupancyGrp/ManagementAndGeneralAmt014162
IRS990/OccupancyGrp/ProgramServicesAmt0470406
IRS990/OccupancyGrp/TotalAmt0488328
IRS990/OfficeExpensesGrp/FundraisingAmt022420
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt032775
IRS990/OfficeExpensesGrp/ProgramServicesAmt015324
IRS990/OfficeExpensesGrp/TotalAmt070519
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02741184
IRS990/OtherAssetsTotalGrp/EOYAmt02741534
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt011015
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0326196
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0370912
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0708123
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND SMALL EQUI
IRS990/OtherExpensesGrp/Desc1CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3EDUCATION PROGRAMS
IRS990/OtherExpensesGrp/FundraisingAmt06701
IRS990/OtherExpensesGrp/FundraisingAmt1295612
IRS990/OtherExpensesGrp/FundraisingAmt22729
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0104668
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt140010
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210108
IRS990/OtherExpensesGrp/ProgramServicesAmt0361553
IRS990/OtherExpensesGrp/ProgramServicesAmt168973
IRS990/OtherExpensesGrp/ProgramServicesAmt2337159
IRS990/OtherExpensesGrp/ProgramServicesAmt3222131
IRS990/OtherExpensesGrp/TotalAmt0472922
IRS990/OtherExpensesGrp/TotalAmt1404595
IRS990/OtherExpensesGrp/TotalAmt2349996
IRS990/OtherExpensesGrp/TotalAmt3222131
IRS990/OtherLiabilitiesGrp/BOYAmt0221843
IRS990/OtherLiabilitiesGrp/EOYAmt0230343
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012395
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026141
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0417392
IRS990/OtherSalariesAndWagesGrp/TotalAmt0455928
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0859
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt027094
IRS990/PayrollTaxesGrp/ProgramServicesAmt028912
IRS990/PayrollTaxesGrp/TotalAmt056865
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt076528
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0190718
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt084407
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0485316
IRS990/PrincipalOfficerNm0JENNIFER ZACCARA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SUPPORTING REV
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010630867
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1143540
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010630867
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1143540
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01133076
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03476251
IRS990/PYInvestmentIncomeAmt0359450
IRS990/PYOtherExpensesAmt03714601
IRS990/PYOtherRevenueAmt064886
IRS990/PYProgramServiceRevenueAmt09674405
IRS990/PYRevenuesLessExpensesAmt0-1299718
IRS990/PYSalariesCompEmpBnftPaidAmt05340683
IRS990/PYTotalExpensesAmt012531535
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011231817
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01279195

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,535,481
Liabilities
$3,613,891
Net assets
$23,921,590
Revenue
$12,078,437
Expenses
$10,799,242
Net income
$1,279,195
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.0$3.26$19.7$18.8$18.9$0.08
2023Detailed filing. Detailed filing data is available for this year.$24.6$6.63$18.0$15.1$16.1$0.99
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$5.07$18.9$10.1$15.1$4.97
2021Detailed filing. Detailed filing data is available for this year.$27.5$3.61$23.9$12.1$10.8$1.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.1$4.46$22.6$11.2$12.5$1.30
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.8$3.98$23.8$13.5$14.0$0.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.3$5.59$23.7$15.5$13.9$1.63
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.7$6.16$22.5$14.1$13.9$0.20
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$27.8$6.58$21.2$13.6$14.6$1.01
2015Detailed filing. Detailed filing data is available for this year.$27.5$6.03$21.5$13.8$13.8$0.06
2014Detailed filing. Detailed filing data is available for this year.$25.9$6.50$19.4$14.9$13.2$1.71
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.7$5.70$17.0$11.8$12.6$0.82
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$6.00$16.6$12.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$5.96$16.3$11.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.1$6.12$15.0$10.4