Green Mountain Valley School Inc
- Assets
- $24.2m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 102
- Location
- Waitsfield, VT
- Founding
- 11/1975
- Data as of
- 06/2022
- EIN
- 03-0235167
Organization Overview
Green Mountain Valley School Inc is located in Waitsfield, VT. The organization was established in 1975. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Green Mountain Valley School Inc employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Mountain Valley School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Green Mountain Valley School Inc generated $8.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $9.2m during the year ending 06/2022. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACADEMIC & SKI SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE EDUCATIONAL INSTITUTION FOR COLLEGE PREPARATION WITH AN EMPHASIS ON PRODUCING NATIONAL CLASS SKI RACERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Keller Headmaster | Officer | 40 | $202,561 |
Barbara Frascella Business Mgr | Officer | 40 | $67,913 |
Charlie Brush Trustee | Trustee | 1 | $0 |
Jane Goldstein Hon Trustee | Trustee | 1 | $0 |
James Hildebrand Trustee | Trustee | 1 | $0 |
Donna Stout Hon Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $74,336 |
| All other contributions, gifts, grants, and similar amounts not included above | $873,681 |
| Noncash contributions included in lines 1a–1f | $121,935 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $948,017 |
| Total Program Service Revenue | $7,179,594 |
| Investment income | $188,687 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,683 |
| Net Gain/Loss on Asset Sales | $32,890 |
| Net Income from Fundraising Events | $137,090 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $13,388 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,562,291 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,396,903 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $269,959 |
| Compensation of current officers, directors, key employees. | $69,959 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,525,031 |
| Pension plan accruals and contributions | $122,813 |
| Other employee benefits | $408,331 |
| Payroll taxes | $282,987 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,707 |
| Fees for services: Accounting | $26,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,743 |
| Fees for services: Other | $53,093 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $173,966 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $652,017 |
| Insurance | $196,468 |
| All other expenses | $612,575 |
| Total functional expenses | $9,206,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $381,693 |
| Savings and temporary cash investments | $2,672,539 |
| Pledges and grants receivable | $48,565 |
| Accounts receivable, net | $109,539 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,018 |
| Prepaid expenses and deferred charges | $221,554 |
| Net Land, buildings, and equipment | $14,714,708 |
| Investments—publicly traded securities | $6,021,410 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,481 |
| Total assets | $24,207,507 |
| Accounts payable and accrued expenses | $844,600 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $270,911 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,830,747 |
| Total liabilities | $4,946,258 |
| Net assets without donor restrictions | $14,959,999 |
| Net assets with donor restrictions | $4,301,250 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $24,207,507 |