Civic Intelligence

St. Johnsbury Academy

990 • Fiscal year 2014 • EIN 03-0181215

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 11, 2014

1000 Main StreetSt Johnsbury, VT 05819

(802) 748-8171

Siviq Scores

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

Liabilities / Assets

44th percentile

0.26x

Higher debt load relative to assets than 44% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

0.54x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

46th percentile

3.2%

Higher net margin than 46% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

51st percentile

$325,777

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

68th percentile

9.8%

Faster asset growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

41st percentile

2.3%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Assets

Up

$61,144,707

Up $5,458,410 (+9.8%) from 2013

Net Assets

Up

$45,310,302

Up $5,044,398 (+13%) from 2013

Liabilities

Up

$15,834,405

Up $414,012 (+2.7%) from 2013

Revenue

Up

$29,116,186

Up $650,858 (+2.3%) from 2013

Expenses

Up

$28,186,562

Up $1,607,202 (+6.0%) from 2013

Net Income

Down

$929,624

Down $956,344 (-51%) from 2013

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2011: $52,378,034Liabilities 2011: $15,656,950Net Assets 2011: $36,721,0842011Assets 2012: $52,840,647Liabilities 2012: $15,606,516Net Assets 2012: $37,234,1312012Assets 2013: $55,686,297Liabilities 2013: $15,420,393Net Assets 2013: $40,265,9042013Assets 2014: $61,144,707Liabilities 2014: $15,834,405Net Assets 2014: $45,310,3022014Assets 2015: $61,509,411Liabilities 2015: $15,754,689Net Assets 2015: $45,754,7222015Assets 2016: $61,646,903Liabilities 2016: $16,764,276Net Assets 2016: $44,882,6272016Assets 2017: $65,785,379Liabilities 2017: $14,936,345Net Assets 2017: $50,849,0342017Assets 2018: $68,026,299Liabilities 2018: $15,224,161Net Assets 2018: $52,802,1382018Assets 2019: $67,399,294Liabilities 2019: $14,808,046Net Assets 2019: $52,591,2482019Assets 2020: $67,714,799Liabilities 2020: $15,898,705Net Assets 2020: $51,816,0942020Assets 2021: $76,075,100Liabilities 2021: $14,668,259Net Assets 2021: $61,406,8412021Assets 2022: $70,804,558Liabilities 2022: $12,680,682Net Assets 2022: $58,123,8762022Assets 2023: $73,844,060Liabilities 2023: $13,693,132Net Assets 2023: $60,150,9282023Assets 2024: $76,612,446Liabilities 2024: $12,817,412Net Assets 2024: $63,795,0342024Assets 2025: $83,600,515Liabilities 2025: $12,384,136Net Assets 2025: $71,216,3792025

Highlighted filing

2014

Assets$61,144,707
Liabilities$15,834,405
Net Assets$45,310,302

Operations Trend

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

$60M$40M$20M$0Expenses 2011: $24,954,6062011Revenue 2012: $27,639,566Expenses 2012: $26,303,752Net Income 2012: $1,335,8142012Revenue 2013: $28,465,328Expenses 2013: $26,579,360Net Income 2013: $1,885,9682013Revenue 2014: $29,116,186Expenses 2014: $28,186,562Net Income 2014: $929,6242014Revenue 2015: $30,941,111Expenses 2015: $29,674,966Net Income 2015: $1,266,1452015Revenue 2016: $31,198,252Expenses 2016: $30,882,980Net Income 2016: $315,2722016Revenue 2017: $35,567,000Expenses 2017: $31,118,078Net Income 2017: $4,448,9222017Revenue 2018: $33,426,440Expenses 2018: $32,199,279Net Income 2018: $1,227,1612018Revenue 2019: $33,882,124Expenses 2019: $32,832,349Net Income 2019: $1,049,7752019Revenue 2020: $33,452,686Expenses 2020: $32,868,004Net Income 2020: $584,6822020Revenue 2021: $36,928,944Expenses 2021: $30,560,088Net Income 2021: $6,368,8562021Revenue 2022: $34,690,272Expenses 2022: $33,395,487Net Income 2022: $1,294,7852022Revenue 2023: $35,040,897Expenses 2023: $34,824,326Net Income 2023: $216,5712023Revenue 2024: $38,416,850Expenses 2024: $36,535,981Net Income 2024: $1,880,8692024Revenue 2025: $41,292,653Expenses 2025: $36,541,948Net Income 2025: $4,750,7052025

Highlighted filing

2014

Revenue$29,116,186
Expenses$28,186,562
Net Income$929,624
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 11, 2014
Return Version
2013v3.0
Gross Receipts
$30,367,289
Mission and Program Overview

Mission

This is the mission of St. Johnsbury Academy, a diverse, comprehensive, and independent educational community grounded by our traditions, our deep optimism regarding young people, and our commitment to academic excellence: to teach good character by modeling and fostering compassion, respect, responsibility, and integrity. To foster a love for learning by challenging individuals to pursue knowledge, creativity, and intellectual self-reliance. To encourage each individual to understand his or her relationships, rights, and responsibilities within a community that is itself part of the larger world.

Founded in 1842, st. Johnsbury academy is a comprehensive independent private high school widely recognized as an institution that fosters character, academic excellence, and civic responsibility in its students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$32,435,758$32,965,603▲ $529,845
Investments in Publicly Traded Securities$15,178,035$18,315,170▲ $3,137,135
Savings and Temporary Cash Investments$3,837,651$3,589,016▼ $248,635
Investments Other Securities$2,833,664$2,904,858▲ $71,194
Accounts Receivable$829,727$1,015,293▲ $185,566
Pledges and Grants Receivable$151,890$351,890▲ $200,000
Prepaid Expenses and Deferred Charges$262,925$228,580▼ $34,345
Inventories for Sale or Use$16,460$17,077▲ $617
Total Assets$55,686,297$61,144,707▲ $5,458,410
Other Assets Total$140,187$1,757,220▲ $1,617,033
Liabilities
Tax Exempt Bond Liabilities$10,058,498$9,847,615▼ $210,883
Deferred Revenue$2,920,561$3,054,234▲ $133,673
Accounts Payable and Accrued Expenses$1,613,863$2,031,959▲ $418,096
Other Liabilities$827,471$900,597▲ $73,126
Total Liabilities$15,420,393$15,834,405▲ $414,012
Net Assets / Fund Balance
Unrestricted Net Assets$32,054,818$34,038,473▲ $1,983,655
Temporarily Rstr Net Assets$5,450,821$8,373,324▲ $2,922,503
Permanently Rstr Net Assets$2,760,265$2,898,505▲ $138,240
Total Net Assets Fund Balance$40,265,904$45,310,302▲ $5,044,398
Total Liabilities and Net Assets / Fund Balance$55,686,297$61,144,707▲ $5,458,410

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$28,392,245$14,102,104$42,494,349
Equipment$2,489,821$3,582,136$6,071,957
Land$2,083,537-$2,083,537

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$4,620,963$147,645▲ $652,114-$4,947,951
2012$4,185,162$505,383▲ $369,011-$4,620,963
2011$2,943,315$1,305,104▲ $53,723-$4,185,162
2010$2,702,076-▲ $355,989-$2,943,315
2009$2,491,273$64,447▲ $261,106-$2,702,076
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Thomas W LovettHeadmasterFT$224,058$101,719$325,777
Mr John CummingsAssociate HeadmasterFT$126,777$67,960$194,737
Ms Beth ChoiniereAssistant Headmaster for Campus LifeFT$104,669$44,967$149,636
Ms Carol LyonAssistant Headmaster for Business SvcsFT$105,762$32,961$138,723
Mr Jeffrey S BurroughsAssistant Headmaster for AcademicsFT$100,676$32,675$133,351
Mr James MazzonnaChief Technology OfficerFT$106,315$13,659$119,974
Revenue and Support

Revenue Composition

Contributions and Grants
$1,428,186
Program Service Revenue
$26,900,547
Investment Income
$667,695
Other Revenue
$119,758
All Other Contributions
$1,428,186
Change in Net Assets
$929,624

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$138,873Fair Market Value
Other Non Cash Contri Table1$6,608Fair Market Value
Other Non Cash Contri Table1$500Fair Market Value
Other Non Cash Contri Table1$455Fair Market Value
Total Noncash Contributions6$146,436-

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,552,152
Revenue Not Reported on Financial Statements
$1,564,034
Revenue Not Reported on Form 990
$4,122,705
Other Revenue Adjustments
$1,564,034
Total Revenue per Audited Statements
$31,674,857
Total Revenue per Form 990
$29,116,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,900,226
Other Expenses$10,857,239
Grants and Similar Amounts Paid$1,429,097
Total Fundraising Expense$421,163
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,376,939$1,425,912$151,588$10,954,439
Other Employee Benefits$3,399,108$647,097$68,809$4,115,014
Occupancy$2,443,799$36,086$3,740$2,483,625
Depreciation Depletion$1,702,294--$1,702,294
Grants to Domestic Individuals$1,429,097--$1,429,097
Fees for Services Other$599,927$740,901$12,204$1,353,032
Office Expenses$926,041$141,660$59,230$1,126,931
Current Officers, Directors, Trustees, and Key Employees$321,699$478,553$30,521$830,773
Insurance$481,657--$481,657
Conferences and Meetings$114,524$258,858$40,000$413,382
Interest$394,626--$394,626
Other Expenses$25,394$134,349$2,527$162,270
Advertising$255$128,791-$129,046
Fees for Service Investment Mgmnt Fees-$96,672-$96,672
All Other Expenses$52,491--$52,491
Fees for Services Lobbying-$40,317-$40,317
Travel$25,888--$25,888
Fees for Services Legal$1,068$21,555-$22,623
Total Functional Expenses$23,512,481$4,252,918$421,163$28,186,562

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$28,186,562
Total Expenses per Audited Statements$26,630,459
Expenses per Audited Statements$26,622,528
Expenses Not Reported on Financial Statements$1,564,034
Other Expense Adjustments$1,564,034
Expenses Not Reported on Form 990$7,931
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,702
Fundraising Direct Expenses$7,931
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$22,702$22,702-$22,702
Total Events$22,702$22,702$7,931$14,771
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dale WellsTrusteeSt Johnsbury Academy Contracted With Dale Wells to Act as General Contractor in the Renovation of Cramton Dormitory and Ranger Hall.No$1,009,070
John BenoitTrusteeSt. Johnsbury Academy Contracted With Benoit Electric to Install a Generator at Contractor Cost to Serve Streeter Hall to Serve as Backup Power for the Resident Program. Additional Work Was Done on the Fiber Network and Expansion to Cramton Dormitory.No$162,509
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held on Behalf of Others$511,600
Obligation Under Split-interest Agreements$388,997

Bond Issues

BondIssuerIssuedIssue PricePurpose
A23-71544672010-09-01$10,600,000To refinance previous bond and new construction of student dorm

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$10,600,000-$6,515,737$153,864

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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 A, Line 2

Mr. Lee p. Hackett, mr. Jay o. Wright, mr. Garth moulton, mr. Thomas w. Lovett and mr. John cummings are each stockholders in kingdom development company, inc., an online education and economic development company. See also schedule r for additional disclosures.

Form 990, Part VI, Section B, Line 11

The board of trustees of the st. Johnsbury academy reviewed a list of contributions over $ 5,000 at the october 4, 2014 meeting of the full board. Once the 990 was prepared, copies were sent to the full board who then had 10 days to review the document and present any questions to the audit committee, cfo or headmaster. No objections were presented and the return was filed.

Form 990, Part VI, Section B, Line 12C

The board of trustees reviews and signs a new conflict of interest agreement each october. Any conflicts are disclosed at that time.

Form 990, Part VI, Section B, Line 15

The compensation committee of the board of trustees reviews the compensation of the headmaster annually using performance measures, achievement of defined goals and a customized report purchased from nais that provides comparative data from other independent schools, the state of vermont as well as national statistics. Other key employees have an annual performance appraisal by the headmaster and are compensated using survey data from nais, isanne and the state of vermont.

Form 990, Part VI, Section C, Line 19

Upon request or through guidestar.org

Filing and Contact Details

Filer

EIN
03-0181215
Phone
8027488171

Signing Officer

Name
Thomas W Lovett
Title
Headmaster
Phone
8027488171
Signed
2014-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas W Lovett
Formed
1842
Legal Domicile
Vt
Voting Board Members
20
Independent Board Members
20
Employees
453
Volunteers
227

Preparer

Preparer
Philip a Lapp CPA
Phone
8028631331
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Unrealized actuarial loss on valuation of deferred compensation liability -52,948. Increase in fair value of beneficial interest in trust 289,150. Beneficial interest in trust contribution 1,333,012.

FORM 990 PART XII, LINE 2C: CHANGES IN ACCOUNT POLICIES AND PROCEDURES.

There have been no changes for the year ended june 30, 2014.

Financial Statement Notes

PART V, LINE 4:

The academy manages its endowment funds, including donor restricted and board designated endowments, in accordance with the laws of the state of vermont, specifically the uniform prudent management of institutional funds act. Accordingly, the academy has adopted investment and spending policies for endowment assets that are reviewed annually and attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets. The academy has a policy of appropriating for distribution each year an annual draw from its endowment fund. Each year the investment committee reviews the present circumstances and future plans for the academy, and recommends a drawing figure based on both near and longer term considerations. The spending rate calculation weights inflation at 70% and current endowment value at 30%. The policy will allow the spending rate to rise following periods of low returns and fall following periods of high returns, but maintain close to a 4.5% spending rate over time. This is consistent with the academy's objective of maintaining the purchasing power of the endowment assets held in perpetuity or for a specified term, as well as providing additional real growth through new gifts and investment return. The spending is to be used first in accordance with donor restrictions, if any, and then for operations, support of capital expenditures investments, scholarships to students, or other board-designated purposes.

PART X, LINE 2:

The academy recognized no liabilities for unrecognized tax benefits or associated interest and penalties at june 30, 2014 and june 30, 2013. The academy files income tax returns in the u.s. Federal jurisdiction on form 990. With few exceptions, the academy is no longer subject to u.s. Federal tax examinations by tax authorities for years before june 30, 2010.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising events expenses included in program expenses for financial stmts 7,931. Unrealized actuarial loss on valuation of deferred compensation liability -52,948. Increase in fair value of beneficial interest in trust 289,150. Beneficial interest in trust contribution 1,333,012.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Investment management fees 96,672. Gross up revenues for scholarship expense netted out in financial statements 1,467,362.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising events expenses included in program expenses for financial stmts 7,931.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Gross up revenues for scholarship expense netted out in financial statements 1,467,362. Management fees 96,672.

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IRS990/ActivityOrMissionDesc0FOUNDED IN 1842, ST. JOHNSBURY ACADEMY IS A COMPREHENSIVE INDEPENDENT PRIVATE HIGH SCHOOL WIDELY RECOGNIZED AS AN INSTITUTION THAT FOSTERS CHARACTER, ACADEMIC EXCELLENCE, AND CIVIC RESPONSIBILITY IN ITS STUDENTS.
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IRS990/Desc0ST.JOHNSBURY ACADEMY OFFERS A COMPREHENSIVE HIGH SCHOOL PROGRAM SERVING STUDENTS IN GRADES 9-12 AND A POSTGRADUATE YEAR. ST. JOHNSBURY ACADEMY OFFERS A RIGOROUS, WIDE-RANGING, 319-COURSE, STANDARDS-BASED CURRICULUM DESIGNED TO MEET THE NEEDS AND INTERESTS OF A WIDE RANGE OF ABILITIES, CAREER GOALS, AND INTERESTS. ST. JOHNSBURY ACADEMY SERVED 934 STUDENTS (INCLUDING BOARDERS) IN THE DAY SCHOOL PROGRAM WHICH INCLUDES STANDARD HIGH SCHOOL CURRICULUM, SPECIAL EDUCATION, FINE ARTS, TECHNICAL EDUCATION AND ATHLETIC PROGRAMS. THE SCHOOL DAY CONSISTS OF A FIVE BLOCK DAILY SCHEDULE WITH 70 MINUTE COURSES. SCHOLARSHIPS ARE PROVIDED TO STUDENTS FROM AROUND THE WORLD INCLUDING THROUGHOUT THE UNITED STATES AND NORTH AMERICA, CENTRAL AMERICA AND THE CARIBBEAN, RUSSIA AND THE NEWLY INDEPENDENT STATES, EAST ASIA, EUROPE AND SOUTH AMERICA.ST. JOHNSBURY ACADEMY OFFERS A BOARDING PROGRAM ON OUR CAMPUS TO 265 STUDENTS FROM ACROSS THE COUNTRY AND THE WORLD, CREATING A GLOBAL COMMUNITY. THE ACADEMY HAS ELEVEN DORMITORIES ON THE CAMPUS, SIX FOR BOYS AND FIVE FOR GIRLS. DIFFERENT IN SIZE AND PERSONALITY, EACH DORM HOUSES FACULTY ADVISORS, THEIR FAMILIES, AND STUDENTS. THE ACADEMY HAS A COMPREHENSIVE RESIDENT LIFE CURRICULUM THAT COMPLEMENTS OUR DAY SCHOOL PROGRAMS. STUDENTS ARE ABLE TO TAKE ADVANTAGE OF WEEKEND CAMPUS ACTIVITIES AS WELL AS TRAVEL OPPORTUNITIES THROUGHOUT THE SEMESTER. OUR BOARDING PROGRAM ALSO INCLUDES AN ENGLISH AS A SECOND LANGUAGE PROGRAM FOR STUDENTS WHO REQUIRE ADDITIONAL INSTRUCTION AS WELL AS LEARNING SUPPORT PROGRAMS FOR RESIDENT STUDENTS.EXPENSES PRESENTED ON THIS SCHEDULE DO NOT REFLECT AN INCLUSION OF GENERAL AND ADMINISTRATIVE EXPENSES THAT ARE NECESSARY FOR THE SCHOOL'S DAY TO DAY OPERATIONS.
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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
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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
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2232961
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2344967
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2413659
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2532675
IRS990/Form990PartVIISectionAGrp/PersonNm0MR SAMUEL E BAIN JR
IRS990/Form990PartVIISectionAGrp/PersonNm1MR JOHN T BENOIT
IRS990/Form990PartVIISectionAGrp/PersonNm2MR GREGORY E BOARDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3MR BRUCE E BUXTON
IRS990/Form990PartVIISectionAGrp/PersonNm4MR PETER CROSBY
IRS990/Form990PartVIISectionAGrp/PersonNm5MS MARCIA DEROSIA
IRS990/Form990PartVIISectionAGrp/PersonNm6MR ROBERT M FAIRBANKS ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm7MS SUSAN O'NEIL GRAYSON
IRS990/Form990PartVIISectionAGrp/PersonNm8MR JOHN S HALL
IRS990/Form990PartVIISectionAGrp/PersonNm9MR JAMES IMPEY
IRS990/Form990PartVIISectionAGrp/PersonNm10MR ALEX PM KO
IRS990/Form990PartVIISectionAGrp/PersonNm11MR BERNIER L MAYO
IRS990/Form990PartVIISectionAGrp/PersonNm12MR GARTH MOULTON
IRS990/Form990PartVIISectionAGrp/PersonNm13MS KIMBERLY A SILLOWAY
IRS990/Form990PartVIISectionAGrp/PersonNm14MR RON W STEEN
IRS990/Form990PartVIISectionAGrp/PersonNm15MR DALE R WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm16MR EDWARD R ZUCCARO ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm17MR LEE P HACKETT
IRS990/Form990PartVIISectionAGrp/PersonNm18MR JAY O WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm19MS NANCY USHER GOODRICH
IRS990/Form990PartVIISectionAGrp/PersonNm20MR THOMAS W LOVETT
IRS990/Form990PartVIISectionAGrp/PersonNm21MR JOHN CUMMINGS
IRS990/Form990PartVIISectionAGrp/PersonNm22MS CAROL LYON
IRS990/Form990PartVIISectionAGrp/PersonNm23MS BETH CHOINIERE
IRS990/Form990PartVIISectionAGrp/PersonNm24MR JAMES MAZZONNA
IRS990/Form990PartVIISectionAGrp/PersonNm25MR JEFFREY S BURROUGHS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
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 - PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE - VICE PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE - SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt20HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt21ASSOCIATE HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt22ASSISTANT HEADMASTER FOR BUSINESS SVCS
IRS990/Form990PartVIISectionAGrp/TitleTxt23ASSISTANT HEADMASTER FOR CAMPUS LIFE
IRS990/Form990PartVIISectionAGrp/TitleTxt24CHIEF TECHNOLOGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt25ASSISTANT HEADMASTER FOR ACADEMICS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01842
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt07931
IRS990/FundraisingGrossIncomeAmt022702
IRS990/GainOrLossGrp/OtherAmt0-9934
IRS990/GainOrLossGrp/SecuritiesAmt0149854
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt01429097
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01429097
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01429097
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt04770
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01378322
IRS990/GrossReceiptsAmt030367289
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0481657
IRS990/InsuranceGrp/TotalAmt0481657
IRS990/InterestGrp/ProgramServicesAmt0394626
IRS990/InterestGrp/TotalAmt0394626
IRS990/InventoriesForSaleOrUseGrp/BOYAmt016460
IRS990/InventoriesForSaleOrUseGrp/EOYAmt017077
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0527775
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02833664
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02904858
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015178035
IRS990/InvestmentsPubTradedSecGrp/EOYAmt018315170
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt075
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt032965603
IRS990/LandBldgEquipCostOrOtherBssAmt050649843
IRS990/LegalDomicileStateCd0VT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt014704
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01228468
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THIS IS THE MISSION OF ST. JOHNSBURY ACADEMY, A DIVERSE, COMPREHENSIVE, AND INDEPENDENT EDUCATIONAL COMMUNITY GROUNDED BY OUR TRADITIONS, OUR DEEP OPTIMISM REGARDING YOUNG PEOPLE, AND OUR COMMITMENT TO ACADEMIC EXCELLENCE: TO TEACH GOOD CHARACTER BY MODELING AND FOSTERING COMPASSION, RESPECT, RESPONSIBILITY, AND INTEGRITY. TO FOSTER A LOVE FOR LEARNING BY CHALLENGING INDIVIDUALS TO PURSUE KNOWLEDGE, CREATIVITY, AND INTELLECTUAL SELF-RELIANCE. TO ENCOURAGE EACH INDIVIDUAL TO UNDERSTAND HIS OR HER RELATIONSHIPS, RIGHTS, AND RESPONSIBILITIES WITHIN A COMMUNITY THAT IS ITSELF PART OF THE LARGER WORLD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt045310302
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0139920
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt014771
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt014771
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02527967
IRS990/NoncashContributionsAmt0146436
IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/ManagementAndGeneralAmt036086
IRS990/OccupancyGrp/ProgramServicesAmt02443799
IRS990/OccupancyGrp/TotalAmt02483625
IRS990/OfficeExpensesGrp/FundraisingAmt059230
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0141660
IRS990/OfficeExpensesGrp/ProgramServicesAmt0926041
IRS990/OfficeExpensesGrp/TotalAmt01126931
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0140187
IRS990/OtherAssetsTotalGrp/EOYAmt01757220
IRS990/OtherChangesInNetAssetsAmt01569214
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt068809
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0647097
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03399108
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04115014
IRS990/OtherExpensesGrp/Desc0FOOD SERVICES
IRS990/OtherExpensesGrp/Desc1VARIOUS ACTIVITIES
IRS990/OtherExpensesGrp/Desc2FACULTY GRANTS
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/FundraisingAmt02108
IRS990/OtherExpensesGrp/FundraisingAmt150436
IRS990/OtherExpensesGrp/FundraisingAmt22527
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0102167
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1134349
IRS990/OtherExpensesGrp/ProgramServicesAmt01745756
IRS990/OtherExpensesGrp/ProgramServicesAmt1385700
IRS990/OtherExpensesGrp/ProgramServicesAmt286218
IRS990/OtherExpensesGrp/ProgramServicesAmt325394
IRS990/OtherExpensesGrp/TotalAmt01747864
IRS990/OtherExpensesGrp/TotalAmt1436136
IRS990/OtherExpensesGrp/TotalAmt2188385
IRS990/OtherExpensesGrp/TotalAmt3162270
IRS990/OtherLiabilitiesGrp/BOYAmt0827471
IRS990/OtherLiabilitiesGrp/EOYAmt0900597
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/BusinessCd1900000
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1PARTNERSHIP INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt092852
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt092852
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112135
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt012135
IRS990/OtherRevenueTotalAmt0104987
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0151588

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$83.6$12.4$71.2$41.3$36.5$4.75
2024Detailed filing. Detailed filing data is available for this year.$76.6$12.8$63.8$38.4$36.5$1.88
2023Detailed filing. Detailed filing data is available for this year.$73.8$13.7$60.2$35.0$34.8$0.22
2022Detailed filing. Detailed filing data is available for this year.$70.8$12.7$58.1$34.7$33.4$1.29
2021Detailed filing. Detailed filing data is available for this year.$76.1$14.7$61.4$36.9$30.6$6.37
2020Detailed filing. Detailed filing data is available for this year.$67.7$15.9$51.8$33.5$32.9$0.58
2019Detailed filing. Detailed filing data is available for this year.$67.4$14.8$52.6$33.9$32.8$1.05
2018Detailed filing. Detailed filing data is available for this year.$68.0$15.2$52.8$33.4$32.2$1.23
2017Detailed filing. Detailed filing data is available for this year.$65.8$14.9$50.8$35.6$31.1$4.45
2016Detailed filing. Detailed filing data is available for this year.$61.6$16.8$44.9$31.2$30.9$0.32
2015Detailed filing. Detailed filing data is available for this year.$61.5$15.8$45.8$30.9$29.7$1.27
2014Detailed filing. Detailed filing data is available for this year.$61.1$15.8$45.3$29.1$28.2$0.93
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.7$15.4$40.3$28.5$26.6$1.89
2012Summary only. Only limited summary data is available for this year.$52.8$15.6$37.2$27.6$26.3$1.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.4$15.7$36.7$25.0