BURR & BURTON ACADEMY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
BURR & BURTON ACADEMY (EIN 03-0179404)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-16
IRS object ID
202401079349301100
Schema version
2022v5.0
Note
A later return for the same period supersedes this one.
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-16T09:59:41-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN030225774PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GALLAGHER FLYNN & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1725 COMMUNITY DRIVE SUITE 401AddressLine1Txt
CitySOUTH BURLINGTONCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05403ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030179404EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BURR & BURTON SEMINARYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBURRBusinessNameControlTxt
Phone8023621775PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 498AddressLine1Txt
CityMANCHESTERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05254ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSCOTT SWENORPersonNm
Person TitleTREASURERPersonTitleTxt
Phone8023621775PhoneNum
Signature2024-04-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSCOTTPersonFirstNm
Person LastSWENORPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEVEN M AUSTIN CPAPreparerPersonNm
PTINP02385259PTIN
Phone8028631331PhoneNum
Preparation2024-04-11PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1BURR AND BURTON ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerSCOTT SWENORPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 498AddressLine1Txt
CityMANCHESTERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05254ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$82,072,501GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BURRBURTON.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1829FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionACCREDITED INDEPENDENT HIGH SCHOOL - PROVIDING EDUCATION FOR GRADES 9-12ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee298TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,726,171PYContributionsGrantsAmt
CY Contributions Grants$1,631,993CYContributionsGrantsAmt
PY Program Service Revenue$18,023,387PYProgramServiceRevenueAmt
CY Program Service Revenue$18,540,721CYProgramServiceRevenueAmt
PY Investment Income$1,746,213PYInvestmentIncomeAmt
CY Investment Income$929,269CYInvestmentIncomeAmt
PY Other Revenue$42,733PYOtherRevenueAmt
CY Other Revenue$43,453CYOtherRevenueAmt
PY Total Revenue$25,538,504PYTotalRevenueAmt
CY Total Revenue$21,145,436CYTotalRevenueAmt
PY Grants And Similar Paid$813,571PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$885,606CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$14,555,864PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$15,569,138CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$800,424CYTotalFundraisingExpenseAmt
PY Other Expenses$6,540,164PYOtherExpensesAmt
CY Other Expenses$6,651,332CYOtherExpensesAmt
PY Total Expenses$21,909,599PYTotalExpensesAmt
CY Total Expenses$23,106,076CYTotalExpensesAmt
PY Revenues Less Expenses$3,628,905PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,960,640CYRevenuesLessExpensesAmt
Total Assets BOY$71,139,922TotalAssetsBOYAmt
Total Assets EOY$70,917,173TotalAssetsEOYAmt
Total Liabilities BOY$5,913,112TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,626,498TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$65,226,810NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$65,290,675NetAssetsOrFundBalancesEOYAmt
MissionTO EDUCATE STUDENTS INTELLECTUALLY AND MORALLY FOR A LIFE OF RESPONSIBILITY, INTEGRITY AND SERVICE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$19,665,085ExpenseAmt
Grant$885,606GrantAmt
Revenue$18,058,601RevenueAmt
DescBURR AND BURTON ACADEMY (BBA) IS AN INDEPENDENT SCHOOL THAT SERVES THE GENERAL PUBLIC. FOUNDED IN 1829, BBA SERVES 13 TOWNS IN SOUTHERN VERMONT AND IS COMMITTED TO PROVIDING AN OUTSTANDING EDUCATIONAL OPPORTUNITY TO EVERY STUDENT. BBA SERVES APPROXIMATELY 725 DOMESTIC AND 28 INTERNATIONAL STUDENTS FROM VARIOUS COUNTRIES. FAMILIES IN SENDING TOWNS PAY NO TUITION; TUITION IS PAID BY EACH SENDING TOWN. THE STUDENT BODY IS DIVERSE SOCIOECONOMICALLY. BBA HAS A VIRTUALLY 100% GRADUATION RATE & 80%-90% COLLEGE MATRICULATION RATE. BBA BRINGS THE BEST OF INDEPENDENT SCHOOL PHILOSOPHY AND EXPECTATIONS COUPLED WITH THE DEMOCRATIC IDEAL OF EDUCATION FOR ALL.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$743,474ExpenseAmt
Revenue$583,890RevenueAmt
DescFOOD SERVICEDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$20,408,559TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document74IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee298EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JEFF SPENCERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8025498131PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 498AddressLine1Txt
CityMANCHESTERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05254ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
SCOTT SWENOR
TREASURER5.00Yes (X)Yes (X)$0$0$0
SANFRA WEISS
SECRETARY5.00Yes (X)Yes (X)$0$0$0
ROB REDMOND
TRUSTEE3.00Yes (X)$0$0$0
RABBI MICHAEL COHEN
TRUSTEE3.00Yes (X)$0$0$0
PEGGY BROCKETT
TRUSTEE3.00Yes (X)$0$0$0
MICHAEL POWERS
TRUSTEE3.00Yes (X)$0$0$0
MICHAEL COOPERMAN
TRUSTEE3.00Yes (X)$0$0$0
CHARITY CLARK
TRUSTEE3.00Yes (X)$0$0$0
KELLIE WAITE
TRUSTEE3.00Yes (X)$0$0$0
HEIDI LYNN
TRUSTEE3.00Yes (X)$0$0$0
ED CAMPBELL
BOARD CHAIR10.00Yes (X)Yes (X)$0$0$0
CHARLEY STEVENSON
TRUSTEE3.00Yes (X)$0$0$0
CAROL O'CONNOR
BOARD VICE CHAIR5.00Yes (X)Yes (X)$0$0$0
BRIAN BAREFOOT
TRUSTEE3.00Yes (X)$0$0$0
BILL CAIRNS
TRUSTEE3.00Yes (X)$0$0$0
MARK TASHJIAN
HEADMASTER60.00Yes (X)$255,099$0$34,612
DENNIS FILIPPI
DIRECTOR OF FINANCE45.00Yes (X)$134,724$0$7,707
MICHAEL CARACO
DEAN OF FACULTY40.00$117,545$0$5,709Yes (X)
MARGARET KENNY
ASSOCIATE HEAD OF SCHOOL60.00$173,609$0$8,647Yes (X)
KATE LEACH
DIRECTOR OF ADVANCEMENT50.00$130,242$0$5,904Yes (X)
JEN HYATT
ACADEMIC DEAN40.00$115,077$0$5,544Yes (X)
DAVID MICELI
DIRECTOR OF ATHLETICS40.00$111,887$0$5,977Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,038,183TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$74,100TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K11IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
DEW CONSTRUCTION
277 BLAIR PARK RD SUITE 130WILLISTONVT05495CONSTRUCTION$1,057,794
HAMILTON HOME IMPROVEMENTS LLC
813 SOUTH STREAM RDBENNINGTONVT05201CONSTRUCTION$542,770
HERRMANN CONSTRUCTION
PO BOX 604MANCHESTER CENTERVT05255CONSTRUCTION$271,541
A&L PAINTING AND STAINING SERVICES
438 KANSAS ROADE ARLINGTONVT05252PAINTING$105,503
HIGH TECH P&H INC
PO BOX 541MANCHESTERVT05254PLUMBING AND HEATING REPAIRS$105,068
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Fundraising$164,017FundraisingAmt
Government Grants$144,773GovernmentGrantsAmt
All Other Contributions$1,323,203AllOtherContributionsAmt
Noncash Contributions$163,923NoncashContributionsAmt
Total Contributions$1,631,993TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611600$17,956,831$17,956,831
FOOD SERVICE611600$583,890$583,890
FieldValueIRS element (for citing)
Total Program Service Revenue$18,540,721TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$871,104TotalRevenueColumnAmt
Exclusion$871,104ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$60,876,354SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$60,818,189SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$58,165SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$58,165TotalRevenueColumnAmt
Exclusion$58,165ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$34,665FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$164,017ContriRptFundraisingEventAmt
Fundraising Direct Expenses$108,876FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$74,211TotalRevenueColumnAmt
Exclusion-$74,211ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business611600BusinessCd
Total Revenue Column$117,664TotalRevenueColumnAmt
Related Or Exempt Func Income$101,770RelatedOrExemptFuncIncomeAmt
Exclusion$15,894ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$117,664OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,145,436TotalRevenueColumnAmt
Related Or Exempt Func Income$18,642,491RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$870,952ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$438,365TotalAmt
Program Services$438,365ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$447,241TotalAmt
Program Services$447,241ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$523,130TotalAmt
Program Services$170,912ProgramServicesAmt
Management And General$170,056ManagementAndGeneralAmt
Fundraising$182,162FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$10,812,453TotalAmt
Program Services$9,873,464ProgramServicesAmt
Management And General$610,576ManagementAndGeneralAmt
Fundraising$328,413FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$462,297TotalAmt
Program Services$439,407ProgramServicesAmt
Management And General$20,605ManagementAndGeneralAmt
Fundraising$2,285FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,962,205TotalAmt
Program Services$2,726,205ProgramServicesAmt
Management And General$135,374ManagementAndGeneralAmt
Fundraising$100,626FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$809,053TotalAmt
Program Services$751,009ProgramServicesAmt
Management And General$36,493ManagementAndGeneralAmt
Fundraising$21,551FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,743TotalAmt
Management And General$6,743ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$57,370TotalAmt
Management And General$57,370ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$66,450TotalAmt
Management And General$66,450ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$133,270TotalAmt
Management And General$133,270ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,494,429TotalAmt
Program Services$1,008,144ProgramServicesAmt
Management And General$424,931ManagementAndGeneralAmt
Fundraising$61,354FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$11,662TotalAmt
Program Services$11,662ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$130,498TotalAmt
Program Services$75,468ProgramServicesAmt
Management And General$3,966ManagementAndGeneralAmt
Fundraising$51,064FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$19,415TotalAmt
Management And General$19,415ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$586,932TotalAmt
Program Services$572,399ProgramServicesAmt
Management And General$9,254ManagementAndGeneralAmt
Fundraising$5,279FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$404,591TotalAmt
Program Services$370,059ProgramServicesAmt
Management And General$31,458ManagementAndGeneralAmt
Fundraising$3,074FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$112,059TotalAmt
Program Services$83,629ProgramServicesAmt
Management And General$21,816ManagementAndGeneralAmt
Fundraising$6,614FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$24,073TotalAmt
Program Services$23,365ProgramServicesAmt
Management And General$451ManagementAndGeneralAmt
Fundraising$257FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,073,838TotalAmt
Program Services$2,012,844ProgramServicesAmt
Management And General$38,838ManagementAndGeneralAmt
Fundraising$22,156FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$304,600TotalAmt
Program Services$295,642ProgramServicesAmt
Management And General$5,704ManagementAndGeneralAmt
Fundraising$3,254FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPLIES$929,681$834,194$83,152$12,335
EQUIPMENT AND LEASES$180,938$159,767$21,171
ROOM AND BOARD$30,238$30,238

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$84,545TotalAmt
Program Services$84,545ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,106,076TotalAmt
Program Services$20,408,559ProgramServicesAmt
Management And General$1,897,093ManagementAndGeneralAmt
Fundraising$800,424FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$11,323BOYAmt
EOY$1,635EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$269,119BOYAmt
EOY$1,042,177EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$99,599BOYAmt
EOY$61,692EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$198,751BOYAmt
EOY$759,196EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$64,629BOYAmt
EOY$35,704EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$57,514,534LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$22,188,183LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$34,404,779BOYAmt
EOY$35,326,351EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$32,790,414BOYAmt
EOY$31,485,589EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$19,657BOYAmt
EOY$17,036EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,281,651BOYAmt
EOY$2,187,793EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$71,139,922BOYAmt
EOY$70,917,173EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,167,775BOYAmt
EOY$3,222,838EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$759,585BOYAmt
EOY$377,647EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$377,011BOYAmt
EOY$329,885EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$262,838BOYAmt
EOY$250,585EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,345,903BOYAmt
EOY$1,445,543EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,913,112BOYAmt
EOY$5,626,498EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$42,709,257BOYAmt
EOY$42,422,538EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$22,517,553BOYAmt
EOY$22,868,137EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$65,226,810BOYAmt
EOY$65,290,675EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$71,139,922BOYAmt
EOY$70,917,173EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$1,960,640ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,053,057NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$28,552OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$66,450OtherActivitiesAmt
Total Lobbying Expenditures$66,450TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationHIRED A PROFESSIONAL LOBBYING FIRM TO MONITOR LEGISLATIVE ACTIVITIES IN VERMONT RELATED TO SCHOOL CHOICE AND INDEPENDENT SCHOOL GOVERNANCE ON BBA'S BEHALF.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$23,613,894BeginningYearBalanceAmt
Contributions$51,073ContributionsAmt
Investment Earnings Or Losses$2,534,166InvestmentEarningsOrLossesAmt
Other Expenditures$1,009,478OtherExpendituresAmt
End Year Balance$25,189,655EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$27,629,986BeginningYearBalanceAmt
Contributions$278,131ContributionsAmt
Investment Earnings Or Losses-$3,386,336InvestmentEarningsOrLossesAmt
Other Expenditures$907,887OtherExpendituresAmt
End Year Balance$23,613,894EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,471,292BeginningYearBalanceAmt
Contributions$1,045,457ContributionsAmt
Investment Earnings Or Losses$5,849,749InvestmentEarningsOrLossesAmt
Other Expenditures$736,512OtherExpendituresAmt
End Year Balance$27,629,986EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$20,893,613BeginningYearBalanceAmt
Contributions$105,758ContributionsAmt
Investment Earnings Or Losses$1,306,546InvestmentEarningsOrLossesAmt
Other Expenditures$834,625OtherExpendituresAmt
End Year Balance$21,471,292EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$20,232,367BeginningYearBalanceAmt
Contributions$79,707ContributionsAmt
Investment Earnings Or Losses$1,288,621InvestmentEarningsOrLossesAmt
Other Expenditures$707,082OtherExpendituresAmt
End Year Balance$20,893,613EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.12340BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.60000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.27660TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,682,198OtherCostOrOtherBasisAmt
Book Value$1,682,198BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,328,032OtherCostOrOtherBasisAmt
Depreciation$17,453,447DepreciationAmt
Book Value$30,874,585BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,090,752OtherCostOrOtherBasisAmt
Depreciation$3,629,105DepreciationAmt
Book Value$1,461,647BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,413,552OtherCostOrOtherBasisAmt
Depreciation$1,105,631DepreciationAmt
Book Value$1,307,921BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$35,326,351TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CASH HELD IN CUSTODY FOR OTHERS$136,090
RETIREMENT BENEFIT LIABILITY$1,309,453
FieldValueIRS element (for citing)
Total Liability$1,445,543TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$22,259,941TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,053,057NetUnrealizedGainsInvstAmt
Other Revenue-$28,552OtherRevenueAmt
Revenue Not Reported$2,024,505RevenueNotReportedAmt
Revenue Subtotal$20,235,436RevenueSubtotalAmt
Investment Expenses Not Incld$133,270InvestmentExpensesNotIncldAmt
Other Revenues Not Included$776,730OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$910,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$21,145,436TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$22,196,076TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$108,876OtherExpensesIncludedAmt
Expenses Not Reported$108,876ExpensesNotReportedAmt
Expenses Subtotal$22,087,200ExpensesSubtotalAmt
Investment Expenses Not Incld2$133,270InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$885,606OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,018,876ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$23,106,076TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:ENDOWMENT FUNDS: BBA MANAGES ITS ENDOWMENT FUNDS (DONOR RESTRICTED AND BOARD-DESIGNATED) IN ACCORDANCE WITH VERMONT LAWS, INCLUDING THE STATE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (SUPMIFA). ACCORDINGLY, BBA HAS ADOPTED INVESTMENT AND SPENDING POLICIES THAT ARE REVIEWED ANNUALLY AND ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ASSETS. BBA'S SPENDING POLICY PROVIDES FOR ANNUAL APPROPRIATION FOR DISTRIBUTION OF UP TO 5% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE, MEASURED AND SMOOTHED ON A ROLLING 20-QUARTER BASIS. IN PRACTICE, BBA APPROPRIATES APPROXIMATELY 4% OF THE ENDOWMENT FUND'S AVERAGE FAIR VALUE, MEASURED AND SMOOTHED ON A ROLLING 20-QUARTER BASIS. AMOUNTS REPORTED AS EXPENSES IN SCHEDULE D, PART V (LINES D THROUGH F) ARE REPORTED ON A CASH BASIS. THEREFORE, THERE MAY BE TIMING DIFFERENCES BETWEEN WHEN THE EXPENSES WERE INCURRED AND THE ENDOWMENT DRAW WAS MADE. THE SPENDING IS TO BE USED FIRST IN ACCORDANCE WITH DONOR RESTRICTIONS, IF ANY, AND THEN FOR OPERATIONS, SUPPORT OF CAPITAL EXPENDITURES, SCHOLARSHIPS TO STUDENTS, OR OTHER BOARD-DESIGNATED PURPOSES.
PART X, LINE 2:EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION BBA HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITIONS BBA HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND, THEREFORE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THE FINANCIAL STATEMENTS. TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE MOST RECENT THREE YEARS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS -28,552. GAIN ON NON-CASH EXCHANGE OF REAL ESTATE
PART XI, LINE 4B - OTHER ADJUSTMENTS:INTERNATIONAL & DOMESTIC SCHOLARSHIP AWARDS (REPORTED GROSS FOR 990, NET FOR AUDIT) 885,606. DIRECT FUNDRAISING EXPENSES (REPORTED NET FOR 990, GROSS FOR AUDIT) -108,876.
PART XII, LINE 2D - OTHER ADJUSTMENTS:DIRECT FUNDRAISING EXPENSES (REPORTED NET FOR 990, GROSS FOR AUDIT) 108,876.
PART XII, LINE 4B - OTHER ADJUSTMENTS:INTERNATIONAL & DOMESTIC SCHOLARSHIP AWARDS (REPORTED GROSS FOR 990, NET FOR AUDIT) 885,606.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3BBA HAS INCLUDED ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS COURSE STUDY BOOKLET, WHICH IS PROVIDED TO ALL PROSPECTIVE STUDENTS. THE POLICY CAN ALSO BE FOUND ON BBA'S WEBSITE.
SCHEDULE E, PART I, LINE 6BBA RECEIVES PAYMENTS FOR STUDENT TUITION FROM LOCAL MUNICIPALITIES WHOSE STUDENTS ATTEND BBA.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$0SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$0TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (4 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntNon Cash AssistanceNonCashAssistanceAmtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
SCHOLARSHIPS TO STUDENTSEAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,12$121,000FINANCIAL AIDFMV
SCHOLARSHIPS TO STUDENTSEUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU7$138,654FINANCIAL AIDFMV
SCHOLARSHIPS FOR STUDENTSCENTRAL AMERICA1$46,200FINANCIAL AIDFMV
SCHOLARSHIPS TO STUDENTSSOUTH AMERICA9$141,387FINANCIAL AIDFMV
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$191,217GrossReceiptsEvent1Amt
Charitable Contri Event1$164,017CharitableContriEvent1Amt
Gross Revenue Event1$27,200GrossRevenueEvent1Amt
Rent Facility Costs Event1$60,903RentFacilityCostsEvent1Amt
Entertainment Event1$8,990EntertainmentEvent1Amt
Other Direct Expenses Event1$12,538OtherDirectExpensesEvent1Amt
Event2REUNIONEvent2Nm
Gross Receipts Event2$7,465GrossReceiptsEvent2Amt
Gross Revenue Event2$7,465GrossRevenueEvent2Amt
Food And Beverage Event2$14,239FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$12,206OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Total$198,682GrossReceiptsTotalAmt
Charitable Contributions Tot$164,017CharitableContributionsTotAmt
Gross Revenue Total Events$34,665GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$60,903RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$14,239FoodAndBeverageTotalEventsAmt
Entertainment Total Events$8,990EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$24,744OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$108,876DirectExpenseSummaryEventsAmt
Net Income Summary-$74,211NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS TO STUDENTSGrantTypeTxt
Recipient85RecipientCnt
Cash Grant$438,365CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceFINANCIAL AIDNonCashAssistanceDesc

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARK TASHJIAN
HEADMASTER$255,099$0$0$0$0$0$33,226$0$1,386$0$289,711$0$0$0
MARGARET KENNY
ASSOCIATE HEAD OF SCHOOL$173,609$0$0$0$0$0$8,115$0$532$0$182,256$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AAS A CONDITION OF EMPLOYMENT, BBA REQUIRES THE HEADMASTER TO LIVE ON CAMPUS. THEREFORE, BBA OWNS A PROPERTY WHICH IS USED BY THE HEADMASTER AS A RESIDENCE FOR PERSONAL USE.
PART I, LINE 4BIN 2008, BBA ESTABLISHED A 457(F) PLAN, AS SUBSEQUENTLY AMENDED, FOR THE BENEFIT OF ITS HEADMASTER, MARK TASHJIAN. THE BALANCE IN THE PLAN AS OF JUNE 30, 2023 WAS $486,419. THERE WERE NO ADDITIONAL CONTRIBUTIONS TO OR DISTRIBUTIONS FROM THE PLAN MADE BY BBA DURING THE YEAR. NO CONTRIBUTIONS HAVE BEEN MADE TO THE 457(F) PLAN SINCE 2016.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1VERMONT ECONOMIC DEVELOPMENT AUTHORITY (VEDA)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN036024497BondIssuerEIN
Bond Issued2004-09-29BondIssuedDt
Issue Price$5,000,000IssuePriceAmt
PurposeCAMPUS IMPROVEMENTSPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$3,000,000TotalProceedsAmt
Issuance Costs From Proceeds$81,364IssuanceCostsFromProceedsAmt
Capital Expenditures$2,918,636CapitalExpendituresAmt
Substantial Completion2005SubstantialCompletionYr
Refunding Tax Exempt Bonds0RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec Maint0AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt TestYes (1)BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate IssueYes (1)VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective Action0ProceduresCorrectiveActionInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution11ContributionCnt
Noncash Contributions Rpt F990$163,923NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 REVIEW COMMITTEE, AN AD HOC COMMITTEE OF THE BOARD OF TRUSTEES, REVIEWS THE FORM 990 IN DETAIL FOR ACCURACY AND COMPLETENESS TO THE BEST OF ITS ABILITY. THE COMMITTEE THEN REPORTS ITS FINDINGS AND RECOMMENDATIONS AND PROVIDES A PUBLIC DISCLOSURE COPY OF THE 990 TO THE BOARD. ANY ITEMS OF UNCERTAINTY ARE CLARIFIED AND/OR CORRECTED BEFORE THE RETURN IS FILED. THE COMMITTEE ADVISES THE FULL BOARD THAT THE FORM 990 HAS BEEN FILED AND THAT A FULL COPY IS AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION B, LINE 12CBBA REQUIRES THE ANNUAL COMPLETION OF A CONFLICT OF INTEREST QUESTIONNAIRE. IF A CONFLICT ARISES DURING THE YEAR, THE INVOLVED PARTIES ARE REQUIRED TO REPORT IT AS IT ARISES.
FORM 990, PART VI, SECTION B, LINE 15ACHAIR AND TREASURER OF THE BOARD OF TRUSTEES ARE CHARGED WITH HEADMASTER COMPENSATION PACKAGE.
FORM 990, PART VI, SECTION C, LINE 19THESE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
FORM 990, PART XI, LINE 9:CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS -28,552.
FORM 990, PART XII, LINE 2CBBA DID NOT CHANGE ITS AUDIT OVERSIGHT OR SELECTION PROCESS DURING THE YEAR.

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