Pacem School Inc is located in Montpelier, VT. The organization was established in 2008. 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 06/2022, Pacem School Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacem 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, Pacem School Inc generated $251.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $203.8k during the year ending 06/2022. While expenses have increased by 7.8% 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
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF PACEM SCHOOL IS TO PROVIDE AN INTELLECTUALLY RIGOROUS LEARNING COMMUNITY FOR 10- 18 YEAR OLDS BASED ON THE PRINCIPLES AND PROMOTION OF PEACE. PACEM IS A FULL TIME RECOGNIZED SCHOOL AND PROVIDES FULL AND PART TIME EDUCATION FOR HOME-SCHOOLERS AND OTHER STUDENTS. TO THAT END PACEM ENROLLED 29 STUDENTS DURING THE FISCAL YEAR 2022. OF THESE STUDENTS 14 WERE FULL TIME AND 15 WERE PART TIME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lexi Shear Executive Di | Officer | 13 | $28,391 |
Laura Mccaffrey Faculty Rep | Officer | 11 | $14,828 |
Chris Stone President | OfficerTrustee | 1 | $0 |
Adam Necrason Treasurer | OfficerTrustee | 1 | $0 |
Steve Sharp Secretary | OfficerTrustee | 1 | $0 |
Kathleen Kesson Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,866 |
All other contributions, gifts, grants, and similar amounts not included above | $15,246 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $21,112 |
Total Program Service Revenue | $228,122 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,402 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$503 |
Miscellaneous Revenue | $0 |
Total Revenue | $251,133 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $26,766 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $31,901 |
Compensation of current officers, directors, key employees. | $13,464 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $77,891 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,104 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,275 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,344 |
Advertising and promotion | $2,307 |
Office expenses | $4,499 |
Information technology | $300 |
Royalties | $0 |
Occupancy | $24,408 |
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 | $0 |
Insurance | $5,723 |
All other expenses | $1,326 |
Total functional expenses | $203,844 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $106,832 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $200 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $107,032 |
Accounts payable and accrued expenses | $3,848 |
Grants payable | $0 |
Deferred revenue | $1,350 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $5,198 |
Net assets without donor restrictions | $101,834 |
Net assets with donor restrictions | $0 |
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 | $107,032 |
Over the last fiscal year, we have identified 1 grants that Pacem School Inc has recieved totaling $52.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $52 |
Organization Name | Assets | Revenue |
---|---|---|
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Milton Academy Milton, MA | $512,730,465 | $105,004,685 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Spence School New York, NY | $416,454,517 | $72,977,566 |
Buckingham Browne And Nichols School Cambridge, MA | $184,959,090 | $58,711,322 |
Packer Collegiate Institute Brooklyn, NY | $176,388,503 | $70,028,029 |
Brearley School New York, NY | $371,332,515 | $54,677,601 |