2025-05-15T14:48:05-05:00 2024-06-30 921397405 TSS ADVISORS LLC 19 MORGAN DRIVE LEBANON NH 03766 990 2023-07-01 030179600 VERMONT ACADEMY VERM 8028696200 PO BOX 500 SAXTONS RIVER VT 05154 BUTCH SCHUCK CFO/COO 8028696200 2025-05-15 1 0 KYLE M POTTER CPA P02269785 6036530044 2025-05-15 2023 2025-03-06 01:10:19Z BUTCH SCHUCK PO BOX 500 SAXTONS RIVER VT 05154 18793697 0 X VERMONTACADEMY.ORG X 1876 VT WE ARE DEVOTED TO CREATING CONFIDENT AND INDEPENDENT LEARNERS THROUGH PERSONAL ATTENTION IN A UNIQUE VERMONT ENVIRONMENT. WE BELIEVE IN OUR STUDENTS AND IN THEIR CAPACITY TO LEARN AND DEVELOP INTO RESPONSIBLE, SELF-DISCIPLINED ADULTS. OUR FACULTY AND STAFF ARE COMMITTED TO HELPING STUDENTS DISCOVER THEIR INDIVIDUAL TALENTS AND DEVELOP THE CHARACTER, STRENGTH, AND SKILLS TO MEET THE CHALLENGES IN THEIR LIVES. 18 18 152 18 18958 10000 2249656 4225656 12872668 14387428 64041 150613 -80080 18958 15106285 18782655 6463811 7544273 0 0 6247627 6504337 0 0 724916 3388036 4815631 16099474 18864241 -993189 -81586 24585152 23008017 6629731 3260624 17955421 19747393 TO PROVIDE A SUPPORTIVE COMMUNITY AND CLOSE PERSONAL ATTENTION TO ITS STUDENTS, VERMONT ACADEMY DEVELOPS CONFIDENT, ACTIVE LEARNERS AND RESPECTFUL CITIZENS. 0 0 16439898 7544273 14387428 VERMONT ACADEMY IS A PRIVATE BOARDING AND DAY SCHOOL PROVIDING A BROAD CURRICULUM AND AN EXTENSIVE ATHLETIC PROGRAM. PROGRAMS OF NOTE ARE FOUND IN THE CENTER FOR LEARNING, THE ARTS, AND IN OUR SCIENCE AND ENGINEERING CURRICULUM. 16439898 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 42 0 1 152 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 0 0 VT X THE ORGANIZATION 8028696200 PO BOX 500 SAXTONS RIVER VT 05154 JEREMY HERBERT CHAIR 1.00 X X 0 0 0 LINDA SAARNIJOKI SECRETARY 1.00 X X 0 0 0 GEORGE ATKINS TRUSTEE 1.00 X 0 0 0 LISA BIRMINGHAM TRUSTEE 1.00 X 0 0 0 SCOTT BUCKLEY TRUSTEE 1.00 X 0 0 0 SHAWN BYRON TRUSTEE 1.00 X 0 0 0 THOMAS CAPASSE TRUSTEE 1.00 X 0 0 0 MICHEAL CHOUKAS TRUSTEE 1.00 X 0 0 0 CHRIS CROFT TRUSTEE 1.00 X 0 0 0 JAYSON DUNBAR TRUSTEE 1.00 X 0 0 0 WILLIAM HOSLEY TRUSTEE 1.00 X 0 0 0 MARY LIBUTTI TRUSTEE 1.00 X 0 0 0 BOB MCHUGH TRUSTEE 1.00 X 0 0 0 TODD ORMISTON TRUSTEE 1.00 X 0 0 0 JENNIFER PALMIOTTO TRUSTEE 1.00 X 0 0 0 SHAWNE ROBINSON TRUSTEE 1.00 X 0 0 0 JEANLISS SANCHEZ TRUSTEE 1.00 X 0 0 0 DIANE WILDER TRUSTEE 1.00 X 0 0 0 JENNIFER ZACCARA HEAD OF SCHOOL 40.00 X 239390 0 31128 MATTHEW EMSLEY CHIEF FINANCIAL OFFICER 40.00 X 187748 0 13848 TONIA FLEMING DIRECTOR OF ADVANCEMENT 40.00 X 116341 0 22178 BRIAN GILLORAN ASST HEAD OF SCHOOL 40.00 X 114391 0 18828 657870 0 85982 4 0 1 0 0 4225656 2784753 4225656 TUITION 611710 13614300 13614300 PROGRAM SUPPORTING REV 611710 750048 750048 SUMMER PROGRAMS 611710 23080 23080 14387428 150613 150613 30000 11042 18958 18958 18958 18782655 14387428 18958 150613 7544273 7544273 523852 523852 4832395 3865916 531563 434916 856654 685323 94232 77099 291436 233149 32058 26229 59292 59292 16376 16376 279813 178580 94370 6863 146450 64678 81772 86746 43116 27622 16008 81019 81019 941041 906505 27290 7246 215084 176741 20831 17512 21538 21538 272337 272072 265 OTHER EXPENSES 1390036 1390036 REPAIRS AND MAINTENANCE 548595 528562 15816 4217 SUPPLIES AND SMALL EQUI 344098 200931 132316 10851 EDUCATION PROGRAMS 297696 297696 115510 14441 58866 42203 18864241 16439898 1699427 724916 882166 285649 175718 140718 786132 112769 112770 466274 242382 29442577 17881517 9188685 11561060 11017906 9737566 2741634 141740 24585152 23008017 2813310 1118082 18291 2142134 2003890 1655996 138652 6629731 3260624 X 551423 2448363 17403998 17299030 17955421 19747393 24585152 23008017 -81586 1873558 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 10746829 10746829 10746829 10746829 11320809 45308 619288 10746829 11320809 11320809 12083142 106063 527499 1395895 11320809 0 0 316624 316624 24148466 13756517 10391949 1685725 1400000 285725 3249762 2725000 524762 42000 42000 11561060 SPLIT-INTEREST ANNUITIES 135798 AGENCY LIABILITIES 2854 138652 X PART V, LINE 4: MOST FUNDS THAT ARE SPECIFICALLY DIRECTED ARE DIRECTED TO FINANCIAL AID/SCHOLARSHIP AND THOSE FUNDS ARE USED FOR FINANCIAL AID SCHOLARSHIP. FINALLY ANY UNSPECIFIED FUNDS ARE USED FOR GENERAL SUPPORT OF THE SCHOOL AND GENERALLY WOULD BE CONSIDERED TO HAVE BEEN SPENT ON FINANCIAL AID FOR WHICH THE SCHOOL SPENDS APPROXIMATELY $3,000,000 PER YEAR. PART X, LINE 2: ASC SUBTOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ADDRESSES THE ACCOUNTING UNCERTAINTY OF INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF "MORE-LIKELY-THAN-NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. SUBTOPIC 740-10 ALSO PROVIDES GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. THE ACADEMY HAS DETERMINED THAT THE PROVISIONS OF SUBTOPIC 740-10 DO NOT HAVE A MATERIAL EFFECT ON THE ACADEMY'S FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 VERMONT ACADEMY'S NON-DISCRIMINATION POLICY IS PUBLISHED IN SCHOOL LITERATURE, MAGAZINE ADVERTISING, AND THE BOSTON GLOBE. 1 FINANCIAL AID 177 7544273 FMV SUBSIDIZED TUITION, PROGRAM FEES, AND BOARD. PART I, LINE 2: TUITION SUBSIDY IS CREDITED DIRECTLY AGAINST THE STUDENTS ACCOUNT AND AWARDED ANNUALLY BASED UPON DEMONSTRATED NEED AS WELL AS GOOD ACADEMIC AND SOCIAL STANDING. FINANCIAL AID FORMS ALONG WITH TAX RETURNS AND ALL SUPPORTING DOCUMENTS ARE REQUIRED TO BE SUBMITTED FOR SUBSIDY CONSIDERATION. SCHEDULE I THE NAMES AND ADDRESSES OF THE RECIPIENTS ARE AVAILABLE AT THE BUSINESS OFFICE. X X 1 1 X X 0 0 0 0 0 0 0 0 0 JENNIFER ZACCARA HEAD OF SCHOOL 239390 0 0 0 0 0 19200 0 11928 0 270518 0 0 0 MATTHEW EMSLEY CHIEF FINANCIAL OFFICER 187748 0 0 0 0 0 11100 0 2748 0 201596 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED TO THE ACADEMY'S HEADMASTER. X 13 2784753 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 15A THE CFO'S SALARY IS SET BY THE HEAD OF SCHOOL. THE HEAD OF SCHOOL'S SALARY IS SET BY THE BOARD OF TRUSTEES AFTER A COMMITTEE REVIEW AND RECOMMENDATION. FORM 990, PART VI, SECTION C, LINE 19 A REQUEST FOR THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS SHOULD BE MADE TO THE BUSINESS OFFICE.