2014-02-07T09:10:20-06:00 2013-06-30 020476956 TYLER SIMMS & STSAUVEUR CPAS PC 19 MORGAN DRIVE LEBANON NH 03766 990 2012-07-01 030179600 VERMONT ACADEMY VERM 8028696200 PO BOX 500 SAXTONS RIVER VT 05154 020922 8028696200 2014-01-15 1 W JAY SIMMS P00435321 6036530044 2014-01-15 2012 2015-11-30 17:44:51Z SEAN P BRENNAN PO BOX 500 SAXTONS RIVER VT 05154 12531597 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. 27 23 240 8 26667 0 1338279 799624 10801129 10693344 170616 244421 45008 49526 12355032 11786915 2071462 2284042 0 0 5685993 5849525 0 0 476672 4222151 4477611 11979606 12611178 375426 -824263 22553322 22722809 5999477 5697382 16553845 17025427 TO PROVIDE A SUPPORTIVE COMMUNITY AND CLOSE PERSONAL ATTENTION TO ITS STUDENTS, VERMONT ACADEMY DEVELOPS CONFIDENT, ACTIVE LEARNERS AND RESPECTFUL CITIZENS 0 0 10176353 2284042 10257046 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. 309090 436298 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. 10485443 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 70 0 1 240 1 1 1 0 0 0 0 0 0 0 0 0 X 27 23 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 40.00 X X 176250 0 74255 CORINA LUTHER BELLE-ISLE 1.00 X 0 0 0 CAROLYN BLITZ 1.00 X 0 0 0 MARK CANDON 1.00 X 0 0 0 MICHAEL A CHOUKAS 1.00 X X 0 0 0 CASEY COTA 1.00 X 0 0 0 CHRIS COTA 1.00 X X 0 0 0 CARRIE DUNN 1.00 X 0 0 0 STUART EISENKRAFT 1.00 X 0 0 0 PENNY GENDRON 1.00 X 0 0 0 DAVID HOLTON 1.00 X 0 0 0 MARY HELEN HOLSCHUH 1.00 X 0 0 0 PENNY HOROWITZ 1.00 X 0 0 0 REV PETER HOWE 1.00 X 0 0 0 STEVEN E KAROL 1.00 X 0 0 0 TIMOTHY J LORD 1.00 X 0 0 0 DONALD G MCINNES 1.00 X 0 0 0 GEORGE P MOSER 1.00 X 0 0 0 MARVIN S NEUMAN 1.00 X 0 0 0 DAVID E ROBINSON 1.00 X X 0 0 0 LEE RYDER 1.00 X 0 0 0 CAROLINE SALZMAN 1.00 X 0 0 0 KEVIN J SEIFERT 1.00 X 0 0 0 COL RICHARD I STARK 1.00 X X 0 0 0 S TYLER TREGALLAS 1.00 X 0 0 0 NIKKI VAN DER VORD 1.00 X 0 0 0 ANDREW WARD 1.00 X 0 0 0 SEAN P CAMPBELL 40.00 X 108161 0 8109 284411 0 82364 2 0 1 0 0 39816 759808 65303 799624 TUITION 611710 9104007 9104007 PROGRAM SUPPORTING REV. 611710 1153039 1153039 SUMMER PROGRAM REV. 611710 436298 436298 10693344 125441 125441 858421 5200 744641 0 113780 5200 118980 118980 22900 39816 41 22859 22859 HOCKEY RINK RENTAL 713990 26667 26667 26667 11786915 10693344 26667 267280 2284042 2284042 303577 303577 4293247 3368867 703766 220614 187616 143081 34315 10220 714421 505024 173324 36073 350664 245465 87666 17533 15413 15413 45719 45719 19866 19866 36872 36872 247310 147618 76091 23601 33369 33369 204012 204012 271935 225797 31351 14787 78066 78066 737922 737922 136657 107360 29297 EDUCATION PROGRAM 505444 497527 7917 PLANT EXPENSE 435759 435759 DINING HALL 402686 402686 BAD DEBT EXPENSE 241379 241379 1065202 790597 120761 153844 12611178 10485443 1649063 476672 926571 297686 24295 29412 440743 437142 111223 132965 188493 164892 24654115 11473269 12834621 13180846 8025501 8478441 1875 1425 22553322 22722809 737782 698285 207790 142031 1833860 1788535 3220045 3068531 5999477 5697382 X 9044140 9121359 1657833 2511019 5851872 5393049 16553845 17025427 22553322 22722809 X -824263 710962 2000 582842 41 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7803032 62943 928013 274945 8519043 7799088 283352 -27860 251548 7803032 6753240 265860 1032345 252357 7799088 6170037 111219 725373 253389 6753240 7685562 37280 -1294471 258334 6170037 0.16040 0.63310 0.20650 0 0 182406 182406 19800328 8201124 11599204 1907018 1166957 740061 2707293 2105188 602105 57070 57070 13180846 ADVANCED TUITION 2515882 SPLIT-INTEREST ANNUITIES 525593 CAPITAL LEASE OBLIGATION 27056 3068531 10196010 710962 2000 22900 735862 9460148 19866 2306901 2326767 11786915 10307270 0 10307270 2303908 2303908 12611178 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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 22,900. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,284,042. FUNDRAISING EXPENSES -41. FUNDRAISING INCOME 22,900. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,284,042. INVESTMENT EXPENSE 19,866. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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 62716 39816 22900 41 62716 39816 22900 41 41 22859 1 FINANCIAL AID 92 2284042 FMV SUBSIDIZED TUITION, PROGRAM FEES, AND BOARD. 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 176250 0 0 0 0 0 10575 0 63680 0 250505 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED TO THE ACADEMY'S HEADMASTER. CHRIS A COTA ACADEMY TRUSTEE 127133 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 127133 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 289594 THE ACADEMY PURCHASES PROPERTY AND CASUALTY INSURANCE FROM AN INSURANCE AGENT WHO IS ALSO A TRUSTEE OF THE ACADEMY 0 X 9 21477 PROCEEDS FROM SALE X MISCELLANEOUS 29 43826 FMV 0 0 1 THIRD PARTY USE: 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: FUNDRAISING EXPENSES 41. FUNDRAISING INCOME -22,900. EXCLUDED CONTRIBUTIONS 22,900.