2015-02-16T14:13:22-06:00 2014-06-30 020476956 TYLER SIMMS & STSAUVEUR CPAS PC 19 MORGAN DRIVE LEBANON NH 03766 990 2013-07-01 030179600 VERMONT ACADEMY VERM 8028696200 PO BOX 500 SAXTONS RIVER VT 05154 020922 HEAD OF SCHOOL 8028696200 2015-02-11 1 W JAY SIMMS P00435321 6036530044 2015-02-09 2013 2016-02-25 16:41:14Z SEAN P BRENNAN PO BOX 500 SAXTONS RIVER VT 05154 16132969 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. 25 22 234 5 25556 0 799624 2436959 10693344 11606434 244421 796991 49526 73686 11786915 14914070 2284042 2418037 0 0 5849525 6243885 0 0 534813 4477611 4544065 12611178 13205987 -824263 1708083 22722809 25857856 5697382 6503533 17025427 19354323 TO PROVIDE A SUPPORTIVE COMMUNITY AND CLOSE PERSONAL ATTENTION TO ITS STUDENTS, VERMONT ACADEMY DEVELOPS CONFIDENT, ACTIVE LEARNERS AND RESPECTFUL CITIZENS 0 0 10695202 2418037 11206724 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 LEARNING SKILLS PROGRAM, THE ARTS, AND IN OUR SCIENCE AND ENGINEERING CURRICULUM. 327866 454760 VERMONT ACADEMY IS HOST TO A SUMMER PROGRAM HELD DURING THE SUMMER RECESS THAT FEATURES EDUCATIONAL AND PROFESSIONAL STUDY AND REVIEW FOR PREMIER SCIENTISTS IN THE FIELD OF BIOLOGY AND LIFE SCIENCES. 11023068 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 78 0 1 234 1 1 1 0 0 0 0 0 0 0 0 0 X 25 22 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 0 0 X SEAN P CAMPBELL 8028696200 10 LONG WALK VERMONT ACADEMY SAXTONS RIVER VT 05154 SEAN P BRENNAN HEAD OF SCHOOL 40.00 X X 196480 0 41610 JOSE BARREIRO HERNANDEZ TRUSTEE 1.00 X 0 0 0 CAROLYN BLITZ TRUSTEE 1.00 X 0 0 0 MARK CANDON TRUSTEE 1.00 X 0 0 0 MICHAEL A CHOUKAS CHAIRMAN 1.00 X X 0 0 0 CASEY COTA TRUSTEE 1.00 X 0 0 0 CHRIS COTA TREASURER 1.00 X X 0 0 0 CARRIE DUNN TRUSTEE 1.00 X 0 0 0 STUART EISENKRAFT TRUSTEE 1.00 X 0 0 0 PENNY GENDRON TRUSTEE 1.00 X 0 0 0 MARK W SMITH TRUSTEE 1.00 X 0 0 0 ANDREW WARD TRUSTEE 1.00 X 0 0 0 PENNY HOROWITZ TRUSTEE 1.00 X 0 0 0 THE REV DR PETER HOWE TRUSTEE 1.00 X 0 0 0 STEVEN E KAROL TRUSTEE 1.00 X 0 0 0 TIMOTHY J LORD TRUSTEE 1.00 X 0 0 0 DONALD G MCINNES TRUSTEE 1.00 X 0 0 0 GEORGE P MOSER JR TRUSTEE 1.00 X 0 0 0 MARVIN S NEUMAN TRUSTEE 1.00 X 0 0 0 DAVID E ROBINSON VICE CHAIRMAN 1.00 X X 0 0 0 LEE RYDER TRUSTEE 1.00 X 0 0 0 CAROLINE SALZMAN TRUSTEE 1.00 X 0 0 0 NIKKI VAN DER VORD TRUSTEE 1.00 X 0 0 0 RICHARD I STARK JR SECRETARY 1.00 X X 0 0 0 S TYLER TREGALLAS TRUSTEE 1.00 X 0 0 0 SEAN P CAMPBELL CFO 40.00 X 99248 0 7309 JAY GUNDY DIRECTOR OF ADVANCEMENT 40.00 X 103619 0 34897 399347 0 83816 2 0 1 0 0 2436959 5439 2436959 TUITION 611710 9917504 9917504 PROGRAM SUPPORTING REV 611710 1234170 1234170 SUMMER PROGRAM REV. 611710 454760 454760 11606434 210960 210960 1513627 284383 890056 321923 623571 -37540 586031 586031 55050 6920 48130 48130 HOCKEY RINK RENTAL 713990 25556 25556 25556 14914070 11606434 25556 845121 2418037 2418037 332131 332131 4607679 3633331 685557 288791 228477 172020 44170 12287 704718 498494 170617 35607 370880 259616 92720 18544 18647 18647 54267 54267 20540 20540 67627 67627 258777 169701 67693 21383 40666 40666 205872 205872 240376 185134 39609 15633 68876 68876 714437 714437 145252 130811 14441 EDUCATION PROGRAM 562414 554665 7514 235 PLANT EXPENSE 508995 508995 DINING HALL 418110 418110 EQUIPMENT & MAINT. 239778 239778 979431 736898 100200 142333 13205987 11023068 1648106 534813 297686 915386 29412 203019 437142 556831 132965 167084 164892 188164 24737957 11904723 13180846 12833234 8478441 10992713 1425 1425 22722809 25857856 698285 684398 142031 216729 1788535 1735100 3068531 3867306 5697382 6503533 X 9121359 9380271 2511019 3123612 5393049 6850440 17025427 19354323 22722809 25857856 X 1708083 613892 6920 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8519043 1519792 1245525 291647 10992713 7803032 62943 928013 274945 8519043 7799088 283352 -27860 251548 7803032 6753240 265860 1032345 252357 7799088 6170037 111219 725373 253389 6753240 0.19700 0.49400 0.30900 0 0 768725 768725 19882439 8682601 11199838 1392343 1196866 195477 2594410 2025256 569154 100040 100040 12833234 ADVANCED TUITION 3384775 SPLIT-INTEREST ANNUITIES 478113 CAPITAL LEASE OBLIGATION 4418 3867306 13096306 613892 613892 12482414 20540 2411117 2431657 14914071 10767410 0 10767410 2438577 2438577 13205987 PART V, LINE 4: VERMONT ACADEMY USES ENDOWMENT FUNDS IN SEVERAL WAYS-SPECIFIC FUNDS FOR STATED PURPOSES ARE USED FOR THOSE PURPOSES-PROMOTING THE PROGRAM AS STATED BY THE DONOR. 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 2,300,000 PER YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXCLUDED CONTRIBUTIONS PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,418,037. FUNDRAISING EXPENSES -6,920. FUNDRAISING INCOME PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,418,037. INVESTMENT EXPENSE 20,540. 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. PARENTS AUCTION 55050 55050 6920 55050 55050 6920 6920 48130 1 FINANCIAL AID 99 2418037 FMV SUBSIDIZED TUITION, PROGRAM FEES, AND BOARD. 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 SEAN P BRENNAN HEAD OF SCHOOL 196480 0 0 0 0 0 11062 0 30548 0 238090 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED TO THE ACADEMY'S HEADMASTER. ACADEMY TRUSTEE 121829 THE ACADEMY PURCHASES A PORTION OF ITS HEATING FUEL AND ALSO RECEIVES SERVICE ON THEIR HEATING EQUIPMENT FROM A COMPANY WHOSE SHAREHOLDER IS ALSO A TRUSTEE OF THE ACADEMY 0 CASEY COTA ACADEMY TRUSTEE 121829 THE ACADEMY PURCHASES A PORTION OF ITS HEATING FUEL AND ALSO RECEIVES SERVICE ON THEIR HEATING EQUIPMENT FROM A COMPANY WHOSE SHAREHOLDER IS ALSO A TRUSTEE OF THE ACADEMY 0 DAVID HOLTON ACADEMY TRUSTEE 186265 THE ACADEMY PURCHASES PROPERTY AND CASUALTY INSURANCE FROM AN INSURANCE AGENT WHO IS ALSO A TRUSTEE OF THE ACADEMY 0 0 X PROCEEDS FROM SALE X MISCELLANEOUS 0 0 FMV 0 0 1 PART I, LINE 32B: VERMONT ACADEMY USES MOORS & CABOT, INC. TO SELL ANY STOCK CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 CHRIS COTA IS THE UNCLE OF CASEY COTA FORM 990, PART VI, SECTION B, LINE 11 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. FORM 990, PART XI, LINE 9: FUNDRAISING EXPENSES 6,920. EXCLUDED CONTRIBUTIONS