Long Trail School Inc
- Assets
- $17.0m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 85
- Location
- Dorset, VT
- Founding
- 06/1975
- Data as of
- 06/2022
- EIN
- 03-0253366
Organization Overview
Long Trail School Inc is located in Dorset, 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, Long Trail School Inc employed 85 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Trail 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, Long Trail School Inc generated $7.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $6.4m during the year ending 06/2022. While expenses have increased by 4.6% 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
TO PROVIDE AN INTELLECTUALLY ENRICHING COLLEGE-PREPARATORY CURRICULUM IN A SUPPORTIVE, CARING ENVIRONMENT TO FOSTER IN EACH STUDENT A LIFELONG COMMITMENT TO EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL OPERATES AS A SECONDARY-LEVEL SCHOOL FOR GRADES 6 TO 12. DURING THE FISCAL YEAR 2022, THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 241 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Linfield Head Of School | Officer | 55 | $165,146 |
Jo Lacaillade Interm Director Of Finance | Officer | 55 | $36,798 |
Amy Thebault Chairwoman | OfficerTrustee | 5 | $0 |
Tom Whalen Treasurer | OfficerTrustee | 5 | $0 |
Julie Foster Board Member | Trustee | 5 | $0 |
Jeff Yates Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $915,928 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,096,570 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,012,498 |
| Total Program Service Revenue | $5,274,863 |
| Investment income | $72,560 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,900 |
| Net Gain/Loss on Asset Sales | $488,586 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,851,407 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $765,445 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $251,216 |
| Compensation of current officers, directors, key employees. | $145,706 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,202,975 |
| Pension plan accruals and contributions | $74,569 |
| Other employee benefits | $221,835 |
| Payroll taxes | $241,718 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,749 |
| Fees for services: Accounting | $87,360 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,125 |
| Advertising and promotion | $3,814 |
| Office expenses | $18,424 |
| Information technology | $94,339 |
| Royalties | $0 |
| Occupancy | $129,430 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,699 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $395,216 |
| Insurance | $114,355 |
| All other expenses | $160,395 |
| Total functional expenses | $6,440,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,179,848 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $70,111 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,799,915 |
| Investments—publicly traded securities | $5,968,197 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $953,672 |
| Total assets | $16,971,743 |
| Accounts payable and accrued expenses | $279,098 |
| Grants payable | $0 |
| Deferred revenue | $236,715 |
| 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 | $10,048 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $525,861 |
| Net assets without donor restrictions | $11,224,222 |
| Net assets with donor restrictions | $5,221,660 |
| 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 | $16,971,743 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Long Trail School Inc has recieved totaling $193,282.
| Awarding Organization | Amount |
|---|---|
David S & Janet R Sheridan Foundation Teton Village, WY PURPOSE: UNRESTRICTED CHARITABLE USE | $128,000 |
Jephson Educational Tr 2 Chicago, IL PURPOSE: GENERAL | $20,000 |
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $19,151 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: EDUCATION | $10,000 |
Alcyon Foundation Wilmington, DE PURPOSE: GENERAL OPERATIONS | $5,000 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: EDUCATION | $5,000 |
Endowment Analysis
| Beg. Balance | $6,170,032 |
| Earnings | -$517,067 |
| Net Contributions | $130,500 |
| Other Expense | $187,762 |
| Ending Balance | $5,595,703 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Catholic High School Inc Lawrence, MA | $53,774,234 | $20,404,394 |
Yeshiva University High Schools New York, NY | $22,674,721 | $20,464,649 |
Bancroft School Worcester, MA | $41,590,208 | $15,668,076 |
Derryfield School Manchester, NH | $44,949,554 | $20,323,202 |
Miss Halls School Inc Pittsfield, MA | $50,566,747 | $21,121,476 |
Tilton School Tilton, NH | $51,782,047 | $28,426,192 |
Putney School Inc Putney, VT | $65,148,933 | $24,861,480 |
Keio Academy Of New York Purchase, NY | $60,256,729 | $12,685,966 |
Chapel Hill-Chauncy Hall School Waltham, MA | $22,980,670 | $15,324,002 |
North Shore Hebrew Academy High School Great Neck, NY | $49,436,731 | $14,949,978 |
Coe-Brown Northwood Academy Northwood, NH | $14,207,279 | $13,826,653 |
Dublin School Inc Dublin, NH | $31,365,781 | $17,498,470 |