Indian Mountain School Incorporated
- Assets
- $42.7m
- Revenue
- $20.5m
- Investments
- $0.0
- Employees
- 136
- Location
- Lakeville, CT
- Founding
- 03/1930
- Data as of
- 06/2023
- EIN
- 06-0646681
Organization Overview
Indian Mountain School Incorporated is located in Lakeville, CT. The organization was established in 1930. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Indian Mountain School Incorporated employed 136 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indian Mountain School Incorporated 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 06/2023, Indian Mountain School Incorporated generated $20.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $16.6m during the year ending 06/2023. While expenses have increased by 5.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION TO PRE K THRU 9TH GRADE DAY AND BOARDING SCHOOL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASIC PROGRAM SERVICE ACTIVITIES INCLUDING SCHOOL AND EDUCATION PROGRAMS FOR APPROXIMATELY 230 STUDENTS IN GRADES 5-9, AND APPROXIMATELY 76 STUDENTS IN GRADES PK-4. THIS INCLUDES BOTH DAY AND BOARDING STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Sanger President | OfficerTrustee | 1 | $0 |
Ulrika Ekman Vice President | OfficerTrustee | 1 | $0 |
Jamil Swati Treasurer | OfficerTrustee | 1 | $0 |
Anna Traggio Secretary | OfficerTrustee | 1 | $0 |
Lawrence Alexander Trustee | Trustee | 1 | $0 |
Michele Browne Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sage Dining Services Dining/food Service | 6/29/23 | $795,602 |
Jbr Janitorial Services Janitorial Services | 6/29/23 | $130,620 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $417,798 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,515,003 |
| Noncash contributions included in lines 1a–1f | $92,359 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,932,801 |
| Total Program Service Revenue | $14,793,831 |
| Investment income | $335,733 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $455,465 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,517,830 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,418,425 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $721,752 |
| Compensation of current officers, directors, key employees. | $435,804 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,956,226 |
| Pension plan accruals and contributions | $191,377 |
| Other employee benefits | $2,251,550 |
| Payroll taxes | $460,947 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $59,096 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,057 |
| Office expenses | $1,985,301 |
| Information technology | $247,101 |
| Royalties | $0 |
| Occupancy | $925,677 |
| Travel | $238,286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,783 |
| Interest | $84,935 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $651,028 |
| Insurance | $209,581 |
| All other expenses | $0 |
| Total functional expenses | $16,630,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,423,243 |
| Savings and temporary cash investments | $326,842 |
| Pledges and grants receivable | $2,657,222 |
| Accounts receivable, net | $576,615 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $116,918 |
| Prepaid expenses and deferred charges | $191,338 |
| Net Land, buildings, and equipment | $10,854,240 |
| Investments—publicly traded securities | $12,100,139 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,421,247 |
| Total assets | $42,667,804 |
| Accounts payable and accrued expenses | $1,097,293 |
| Grants payable | $0 |
| Deferred revenue | $3,669,777 |
| Tax-exempt bond liabilities | $5,467,843 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $997,920 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $674,447 |
| Total liabilities | $11,907,280 |
| Net assets without donor restrictions | $21,528,757 |
| Net assets with donor restrictions | $9,231,767 |
| 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 | $42,667,804 |