Civic Intelligence

Green Mountain Academy for Life Long Learning Inc.

990 • Fiscal year 2016 • EIN 03-0372532

Jan 01, 2016 to Dec 31, 2016 • Filed on May 11, 2017

PO Box 129Dorset, VT 05251

(802) 867-0111

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

53rd percentile

4.2%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

52nd percentile

2.8%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

59th percentile

6.4%

Faster revenue growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$195,187

Up $5,261 (+2.8%) from 2015

Net Assets

Up

$194,161

Up $8,604 (+4.6%) from 2015

Liabilities

Down

$1,026

Down $3,343 (-77%) from 2015

Revenue

Up

$195,206

Up $11,816 (+6.4%) from 2015

Expenses

Down

$187,092

Down $203 (-0.1%) from 2015

Net Income

Up

$8,114

Up $12,019 (+308%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $150,463Net Assets 2010: $150,4632010Assets 2011: $154,941Net Assets 2011: $154,9412011Assets 2012: $170,009Liabilities 2012: $265Net Assets 2012: $169,7442012Assets 2013: $177,845Liabilities 2013: $1,578Net Assets 2013: $176,2672013Assets 2014: $193,867Liabilities 2014: $889Net Assets 2014: $192,9782014Assets 2015: $189,926Liabilities 2015: $4,369Net Assets 2015: $185,5572015Assets 2016: $195,187Liabilities 2016: $1,026Net Assets 2016: $194,1612016Assets 2017: $213,907Liabilities 2017: $1,025Net Assets 2017: $212,8822017Assets 2018: $197,627Liabilities 2018: $402Net Assets 2018: $197,2252018Assets 2019: $231,240Liabilities 2019: $402Net Assets 2019: $230,8382019Assets 2020: $258,139Liabilities 2020: $20,027Net Assets 2020: $238,1122020Assets 2021: $311,679Liabilities 2021: $252Net Assets 2021: $311,4272021Assets 2022: $305,316Liabilities 2022: $0Net Assets 2022: $305,3162022Assets 2023: $305,780Liabilities 2023: $0Net Assets 2023: $305,7802023Assets 2024: $304,698Liabilities 2024: $30,809Net Assets 2024: $273,8892024

Highlighted filing

2016

Assets$195,187
Liabilities$1,026
Net Assets$194,161

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $134,241Expenses 2010: $125,159Net Income 2010: $9,0822010Revenue 2011: $137,794Expenses 2011: $133,315Net Income 2011: $4,4792011Revenue 2012: $153,507Expenses 2012: $147,152Net Income 2012: $6,3552012Revenue 2013: $167,520Expenses 2013: $167,318Net Income 2013: $2022013Revenue 2014: $183,504Expenses 2014: $164,304Net Income 2014: $19,2002014Revenue 2015: $183,390Expenses 2015: $187,295Net Income 2015: -$3,9052015Revenue 2016: $195,206Expenses 2016: $187,092Net Income 2016: $8,1142016Revenue 2017: $198,917Expenses 2017: $196,133Net Income 2017: $2,7842017Revenue 2018: $199,637Expenses 2018: $194,357Net Income 2018: $5,2802018Revenue 2019: $212,616Expenses 2019: $201,397Net Income 2019: $11,2192019Revenue 2020: $186,325Expenses 2020: $177,463Net Income 2020: $8,8622020Revenue 2021: $244,857Expenses 2021: $179,475Net Income 2021: $65,3822021Revenue 2022: $237,932Expenses 2022: $208,812Net Income 2022: $29,1202022Revenue 2023: $272,902Expenses 2023: $272,486Net Income 2023: $4162023Revenue 2024: $260,908Expenses 2024: $292,844Net Income 2024: -$31,9362024

Highlighted filing

2016

Revenue$195,206
Expenses$187,092
Net Income$8,114
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 11, 2017
Return Version
2016v3.0
Gross Receipts
$219,078
Mission and Program Overview

Mission

Continuing educational services

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$90,142$95,158▲ $5,016
Cash and Non-Interest-Bearing Accounts$46,181$56,546▲ $10,365
Savings and Temporary Cash Investments$53,315$43,325▼ $9,990
Land, Buildings, and Equipment, Net$288$158▼ $130
Total Assets$189,926$195,187▲ $5,261
Liabilities
Accounts Payable and Accrued Expenses$4,105$623▼ $3,482
Other Liabilities$264$403▲ $139
Total Liabilities$4,369$1,026▼ $3,343
Net Assets / Fund Balance
Unrestricted Net Assets$185,557$194,161▲ $8,604
Total Net Assets Fund Balance$185,557$194,161▲ $8,604
Total Liabilities and Net Assets / Fund Balance$189,926$195,187▲ $5,261

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$158$2,631$2,789
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter RadfordPresident
Rocco MaggiottoPresident
Bill MuenchDirector
David GolibersuchDirector
Elena AtwillDirector
Jackie KeadyDirector
Jim WilburDirector
Judi McphailDirector
Judy LivingstonDirector
Kaye ManlyDirector
Mark SzuchmanDirector
Michele ZideDirector
Monica KnorrDirector
Richard HaasDirector
Terri HathawayDirector
Betsey DickeyTrustee/dire
Megan ThornTrustee/dire
Ed TanenhausSecretary
Ted PritchardSecretary
Gail EblingTreasurer
John McinerneyVP
Revenue and Support

Revenue Composition

Contributions and Grants
$87,205
Program Service Revenue
$61,565
Investment Income
$4,554
Other Revenue
$41,882
All Other Contributions
$80,705
Change in Net Assets
$8,114
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,675
Salaries, Compensation, and Employee Benefits$90,417
Total Fundraising Expense$12,757
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$50,597$19,460$7,784$77,841
Office Expenses$28,256$1,140$2,371$31,767
Fees for Services Other$25,952--$25,952
Advertising$17,077--$17,077
Occupancy$4,880$1,470$420$6,770
Other Employee Benefits$4,299$1,462$585$6,346
Payroll Taxes$4,049$1,558$623$6,230
Travel$2,403$752$301$3,456
Information Technology$2,003$248$99$2,350
Insurance$565$218$87$870
Fees for Services Accounting$536$206$83$825
Conferences and Meetings$528--$528
Other Expenses$259$100$40$399
All Other Expenses$397--$397
Depreciation Depletion$130--$130
Total Functional Expenses$146,812$27,523$12,757$187,092
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,790
Fundraising Direct Expenses$23,872
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Summer Ball$27,240$20,740$23,872$-3,132
Auction$19,050$19,050-$19,050
Total Events$46,290$39,790$23,872$15,918
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$403
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Director and appropriate members of board reviewed return prior to filing.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Green Mountain Academy
EIN
03-0372532
Phone
8028670111
Address
PO BOX 129, DORSET, VT 05251

Signing Officer

Name
Gloria Palmer
Title
Executive Director
Phone
8028670111
Signed
2017-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gloria Palmer
Legal Domicile
Vt
Voting Board Members
21
Independent Board Members
21
Employees
2

Preparer

Firm
Misasi & Misasi
Address
1148 ROUTE 30, DORSET, VT 05251
Preparer
Steven Misasi CPA
Phone
8023622101
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Education programs tech support 177 0 0 instructors 24,478 0 0 0 0 0 advertising sales sales commissions 1,297 0 0 total 25,952 0 0

Form 990, Part XI, Line 9

Unrealized gain on investments 490 unrealized loss on investments 0 total 490

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IRS990/InformationTechnologyGrp/ProgramServicesAmt02003
IRS990/InformationTechnologyGrp/TotalAmt02350
IRS990/InsuranceGrp/FundraisingAmt087
IRS990/InsuranceGrp/ManagementAndGeneralAmt0218
IRS990/InsuranceGrp/ProgramServicesAmt0565
IRS990/InsuranceGrp/TotalAmt0870
IRS990/InvestmentIncomeGrp/ExclusionAmt04554
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04554
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt090142
IRS990/InvestmentsPubTradedSecGrp/EOYAmt095158
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02631
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0288
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0158
IRS990/LandBldgEquipCostOrOtherBssAmt02789
IRS990/LegalDomicileStateCd0VT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CONTINUING EDUCATIONAL SERVICES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0185557
IRS990/NetAssetsOrFundBalancesEOYAmt0194161
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt015918
IRS990/NetUnrelatedBusTxblIncmAmt0-3952
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0420
IRS990/OccupancyGrp/ManagementAndGeneralAmt01470
IRS990/OccupancyGrp/ProgramServicesAmt04880
IRS990/OccupancyGrp/TotalAmt06770
IRS990/OfficeExpensesGrp/FundraisingAmt02371
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01140
IRS990/OfficeExpensesGrp/ProgramServicesAmt028256
IRS990/OfficeExpensesGrp/TotalAmt031767
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0490
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0585
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01462
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04299
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06346
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/Desc1PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc2OTHER FEES
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt0364
IRS990/OtherExpensesGrp/FundraisingAmt140
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0909
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1100
IRS990/OtherExpensesGrp/ProgramServicesAmt02362
IRS990/OtherExpensesGrp/ProgramServicesAmt11879
IRS990/OtherExpensesGrp/ProgramServicesAmt2640
IRS990/OtherExpensesGrp/ProgramServicesAmt3259
IRS990/OtherExpensesGrp/TotalAmt03635
IRS990/OtherExpensesGrp/TotalAmt11879
IRS990/OtherExpensesGrp/TotalAmt2640
IRS990/OtherExpensesGrp/TotalAmt3399
IRS990/OtherLiabilitiesGrp/BOYAmt0264
IRS990/OtherLiabilitiesGrp/EOYAmt0403
IRS990/OtherRevenueMiscGrp/BusinessCd0511140
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING SALES
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025964
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt025964
IRS990/OtherRevenueTotalAmt025964
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07784
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019460
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt050597
IRS990/OtherSalariesAndWagesGrp/TotalAmt077841
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0623
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01558
IRS990/PayrollTaxesGrp/ProgramServicesAmt04049
IRS990/PayrollTaxesGrp/TotalAmt06230
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0GLORIA PALMER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt061565
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt061565
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt080140
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03996
IRS990/PYOtherExpensesAmt0105489
IRS990/PYOtherRevenueAmt043117
IRS990/PYProgramServiceRevenueAmt056137
IRS990/PYRevenuesLessExpensesAmt0-3905
IRS990/PYSalariesCompEmpBnftPaidAmt081806
IRS990/PYTotalExpensesAmt0187295
IRS990/PYTotalRevenueAmt0183390
IRS990/ReconcilationRevenueExpnssAmt08114
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt053315
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043325
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt018360
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt017394
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt013100
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt016560
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt09294
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt074708
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt087205
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt080140
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt087962
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt091234
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt074564
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0421105
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04554
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03464
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04829
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04261
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03395
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt020503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0101355
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt089737
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt047992
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt064837
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt077478
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0381399
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt042375
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt030675
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt073050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04554
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03464
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04829
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04261
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03395
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt020503
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.77200
IRS990ScheduleA/PublicSupportPY509Pct00.79570
IRS990ScheduleA/PublicSupportTotal509Amt0691746
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt043360
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt052494

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.05$0.31$2.74$2.61$2.93$0.32
2023Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$2.73$2.72$0.00
2022Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$2.38$2.09$0.29
2021Detailed filing. Detailed filing data is available for this year.$3.12$0.00$3.11$2.45$1.79$0.65
2020Detailed filing. Detailed filing data is available for this year.$2.58$0.20$2.38$1.86$1.77$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$2.13$2.01$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.97$2.00$1.94$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.14$0.01$2.13$1.99$1.96$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.95$0.01$1.94$1.95$1.87$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.90$0.04$1.86$1.83$1.87$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.94$0.01$1.93$1.84$1.64$0.19
2013Detailed filing. Detailed filing data is available for this year.$1.78$0.02$1.76$1.68$1.67$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.00$1.70$1.54$1.47$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$1.55$1.38$1.33$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$1.50$1.34$1.25$0.09