2015-02-12T14:13:25-06:00 2014-06-30 020476956 TYLER SIMMS & STSAUVEUR CPAS PC 19 MORGAN DRIVE LEBANON NH 03766 990 2013-07-01 030350587 THE SHARON ACADEMY SHAR 8027632500 P O BOX 207 SHARON VT 05065 MICHAEL LIVINGSTON HEAD OF SCHOOL 8027632500 2015-01-30 1 JAMES N GODFREY CPA P00913422 6036530044 2015-01-29 2013 2016-02-25 16:41:14Z MICHAEL LIVINGSTON P O BOX 207 SHARON VT 05065 2635746 0 X WWW.SHARONACADEMY.ORG X 1996 VT EDUCATION GRADES 7-12 19 19 66 75 0 0 205148 309650 2141334 2285847 36017 40249 0 0 2382499 2635746 702 1408 0 0 1876754 2007660 0 0 97346 578298 653452 2455754 2662520 -73255 -26774 3762196 3641565 879080 956973 2883116 2684592 EDUCATION GRADES 7-12 0 0 1811473 1408 2285847 163 STUDENTS GRADES 7-12 WERE EDUCATED BY TEACHERS/EMPLOYEES 1811473 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 66 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MICHAEL LIVINGSTON 8027632500 P O BOX 207 SHARON VT 05065 ROB ANDEREGG TREASURER 1.00 X X 0 0 0 BRAD ATWOOD PRESIDENT 1.00 X X 0 0 0 GRETA BINZEN TRUSTEE 1.00 X 0 0 0 TRUDI BROCK SECRETARY 1.00 X X 0 0 0 JENNIFER BROWN TRUSTEE 1.00 X 0 0 0 CHARLOTTE FACCIO MEMBER AT LARGE 1.00 X 0 0 0 STEPHEN FARRINGTON TRUSTEE 1.00 X 0 0 0 PHYLLIS FORBES TRUSTEE 1.00 X 0 0 0 MICHAEL HEANEY TRUSTEE 1.00 X 0 0 0 LORIE LOEB TRUSTEE 1.00 X 0 0 0 SUSAN COLE PETERS TRUSTEE 1.00 X 0 0 0 JED PUTNEY TRUSTEE 1.00 X 0 0 0 JOHN ROE VICE PRESIDENT 1.00 X X 0 0 0 PETER TEACHOUT TRUSTEE 1.00 X 0 0 0 KEN WRIGHT TRUSTEE 1.00 X 0 0 0 MICHAEL LIVINGSTON HEAD OF SCHOOL 40.00 X X 95159 0 3997 SHANNON BUSKEY TRUSTEE 1.00 X 0 0 0 HEIDI CONNER TRUSTEE 1.00 X 0 0 0 EDIE FARWELL TRUSTEE 1.00 X 0 0 0 BEN HAYSLETT TRUSTEE 1.00 X 0 0 0 95159 0 3997 0 0 0 0 0 309650 309650 TUITION & FEES 611710 2139029 2139029 PROGRAM REVENUES 611710 146818 146818 2285847 40249 40249 2635746 2285847 0 40249 1408 1408 103875 103875 1439658 966221 427247 46190 24388 18999 4597 792 284710 206341 69771 8598 155029 111621 38757 4651 48732 36549 12183 24438 24438 8394 8394 5002 5002 102130 73533 25533 3064 1227 1227 31503 31503 126860 126860 19137 13779 4784 574 BOOKS AND PROGRAM 81424 81424 DEVELOPMENT COSTS 40973 7496 33477 SPORTS 33240 33240 BAD DEBT EXPENSE 29632 29632 100760 71640 29120 2662520 1811473 753701 97346 316380 205982 9746 9246 64963 28044 500 3718122 1249228 2556880 2468894 796577 913340 17150 16059 3762196 3641565 89267 166806 58898 17032 730915 773135 879080 956973 X 2766506 2541287 29251 55946 87359 87359 2883116 2684592 3762196 3641565 X -26774 85142 -256892 X 1 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 463220 64995 528215 412222 2550 48248 463220 417099 -4677 412422 353254 1150 74490 11795 417099 308284 12011 30954 -2005 353254 0.79000 0.16000 0.05000 0 0 317940 317940 2435781 639932 1795849 440289 188165 252124 496860 395596 101264 27252 25535 1717 2468894 2719480 85142 85142 2634338 1408 1408 2635746 2661112 0 2661112 1408 1408 2662520 PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,408. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,408. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISING FOR TEACHING POSITIONS INDICATE SHARON ACADEMY IS AN EQUAL OPPORTUNITY EMPLOYER. STUDENT APPLICATION FORMS INCLUDE STATEMENT THAT THE ACADEMY IS RACIALLY NONDISCRIMINATORY. SCHEDULE E, PART I, LINE 6 TUITION FOR MANY STUDENTS IS PAID BY THEIR LOCAL SCHOOL DISTRICT. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWS THE FORM 990 FOR ACCURACY AND APPROVES IT BEFORE ITS FILING DEADLINE. THE FINANCE COMMITTEE THEN REPORTS ITS FINDINGS ON THE FORM 990 TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL MEMBERS OF THE BOARD OF TRUSTEES PROVIDE THE CHAIRPERSON WITH A LIST OF BUSINESSES AND NONPROFIT ORGANIZATIONS WITH WHICH EACH INDIVIDUAL IS AFFILIATED. IT IS THE RESPONSIBILITY OF ALL TRUSTEES TO DISCLOSE ANY DISQUALIFYING RELATIONSHIP WITH ANY PROPOSED TRANSACTIONS AND TO ABSTAIN FROM DISCUSSING, VOTING ON, OR OTHERWISE ATTEMPTING TO INFLUENCE THE DECISION ON THE PROPOSED ACTION. THE TRUSTEES MAY PROVIDE INFORMATION IF REQUESTED TO DO SO. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE SALARY FOR MICHAEL LIVINGSTON, THE HEAD OF SCHOOL. THE HEAD OF SCHOOL DETERMINES THE SALARIES FOR ALL OTHER EMPLOYEES. FACULTY SALARIES AT INITIAL HIRING ARE GUIDED BY A MATRIX THAT TAKES INTO ACCOUNT EDUCATION AND YEARS OF EXPERIENCE. ANNUAL SALARY INCREASES ARE RECOMMENDED BY THE HEAD OF SCHOOL TO THE BOARD OF TRUSTEES FOR APPROVAL. TRADITIONALLY THOSE RECOMMENDATIONS HAVE BEEN MADE FOR FACULTY AND STAFF AS WHOLE GROUPS, RATHER THAN ON THE INDIVIDUAL LEVEL. THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE SALARY FOR MICHAEL LIVINGSTON, THE HEAD OF SCHOOL. THE HEAD OF SCHOOL DETERMINES THE SALARIES FOR ALL OTHER EMPLOYEES. FACULTY SALARIES AT INITIAL HIRING ARE GUIDED BY A MATRIX THAT TAKES INTO ACCOUNT EDUCATION AND YEARS OF EXPERIENCE. ANNUAL SALARY INCREASES ARE RECOMMENDED BY THE HEAD OF SCHOOL TO THE BOARD OF TRUSTEES FOR APPROVAL. TRADITIONALLY THOSE RECOMMENDATIONS HAVE BEEN MADE FOR FACULTY AND STAFF AS WHOLE GROUPS, RATHER THAN ON THE INDIVIDUAL LEVEL. THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE SALARY FOR MICHAEL LIVINGSTON, THE HEAD OF SCHOOL. THE HEAD OF SCHOOL DETERMINES THE SALARIES FOR ALL OTHER EMPLOYEES. FACULTY SALARIES AT INITIAL HIRING ARE GUIDED BY A MATRIX THAT TAKES INTO ACCOUNT EDUCATION AND YEARS OF EXPERIENCE. ANNUAL SALARY INCREASES ARE RECOMMENDED BY THE HEAD OF SCHOOL TO THE BOARD OF TRUSTEES FOR APPROVAL. TRADITIONALLY THOSE RECOMMENDATIONS HAVE BEEN MADE FOR FACULTY AND STAFF AS WHOLE GROUPS, RATHER THAN ON THE INDIVIDUAL LEVEL. FORM 990, PART VI, SECTION C, LINE 18 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: DISCONTINUED OPERATIONS -256,892.