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      <RevenueNotRptdF990>139414</RevenueNotRptdF990>
      <RevenueSubtotal>6063320</RevenueSubtotal>
      <OtherRevenuesNotIncluded>1013200</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>1013200</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>7076520</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>4227279</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>4227279</ExpensesSubtotal>
      <OtherExpensesNotIncluded>1013200</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>1013200</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>5240479</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIII>
        <Identifier>Part XII, Line 4b</Identifier>
        <ReturnReference>Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S</ReturnReference>
        <Explanation>SKI CLUB EXPENSES NOT REPORTED IN AUDIT $181092 SCHOLARSHIPS $832108</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>Part XI, Line 4b</Identifier>
        <ReturnReference>Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S</ReturnReference>
        <Explanation>SKI CLUB REVENUE NOT REPORTED IN AUDIT $181092 SCHOLARSHIPS $832108</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>Part V, Line 4</Identifier>
        <ReturnReference>Part V, Line 4: Intended uses of the endowment fund.</ReturnReference>
        <Explanation>Green Mountain Valley School's Endowment Fund seeks moderate growth and income through a balanced portfolio of stocks, bonds and cash. The Fund strives to maintain a cash position equal to or greater than 6 percent which is the intended annual distribution. Annually the School approves a transfer from the Endowment Fund to the Operating Fund.</Explanation>
      </Form990ScheduleDPartXIII>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="IRS990ScheduleE" softwareId="12000229" softwareVersion="2012v2.0">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>false</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>false</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>false</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>false</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>Schedule E, Line 4 - Explanation of Records and Materials Not Maintained</Identifier>
        <Explanation>QUESTIONS CONCERNING RACE ARE NOT ASKED AND RECORDS ARE NOT COMPILED.</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized</Identifier>
        <Explanation>QUESTIONS CONCERNING RACE ARE NOT ASKED AND RECORDS ARE NOT COMPILED.</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="IRS990ScheduleG" softwareId="12000229" softwareVersion="2012v2.0">
      <MailSolicitations>X</MailSolicitations>
      <EmailSolicitations>X</EmailSolicitations>
      <PhoneSolicitations>X</PhoneSolicitations>
      <InPersonSolicitations>X</InPersonSolicitations>
      <SpecialFundraisingEvents>X</SpecialFundraisingEvents>
      <AgreementRefFundraising>false</AgreementRefFundraising>
      <EventsInformation>
        <NameOfEvent1>GALA</NameOfEvent1>
        <GrossReceiptsEvent1>187040</GrossReceiptsEvent1>
        <CharitableContributionsEvent1>3575</CharitableContributionsEvent1>
        <GrossRevenueEvent1>183465</GrossRevenueEvent1>
        <NonCashPrizesEvent1>2459</NonCashPrizesEvent1>
        <FoodAndBeverageEvent1>17429</FoodAndBeverageEvent1>
        <OtherDirectExpensesEvent1>12940</OtherDirectExpensesEvent1>
        <NameOfEvent2>GOLF TOURNAMENT</NameOfEvent2>
        <GrossReceiptsEvent2>16536</GrossReceiptsEvent2>
        <GrossRevenueEvent2>16536</GrossRevenueEvent2>
        <OtherDirectExpensesEvent2>7518</OtherDirectExpensesEvent2>
        <GrossReceiptsTotal>203576</GrossReceiptsTotal>
        <CharitableContributionsTotal>3575</CharitableContributionsTotal>
        <GrossRevenueTotalEvents>200001</GrossRevenueTotalEvents>
        <NonCashPrizesTotalEvents>2459</NonCashPrizesTotalEvents>
        <FoodAndBeverageTotalEvents>17429</FoodAndBeverageTotalEvents>
        <OtherDirectExpensesTotalEvents>20458</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>40346</DirectExpenseSummaryEvents>
        <NetIncomeSummary>159655</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="IRS990ScheduleI" softwareId="12000229" softwareVersion="2012v2.0">
      <RecordsMaintained>true</RecordsMaintained>
      <TotalNbrOf501C3AndGovtGrants>0</TotalNbrOf501C3AndGovtGrants>
      <TotalNbrOfOtherOrganizations>0</TotalNbrOfOtherOrganizations>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SCHOLARSHIPS FOR STUDENTS</TypeOfGrant>
        <NumberOfRecipients>41</NumberOfRecipients>
        <AmountOfNonCashAssistance>832108</AmountOfNonCashAssistance>
        <MethodOfValuation>TUITION SCHEDULE</MethodOfValuation>
        <DescriptionOfNonCashAssistance>SCHOLARSHIPS</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>Grantmaker's Description of How Grants are Used</Identifier>
        <Explanation>SCHOLARSHIPS AWARDS ARE GRANTED TO INDIVIDUALS ON A CASE BY CASE BASIS BY ADMINISTRATION OFFICIALS.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="IRS990ScheduleJ" softwareId="12000229" softwareVersion="2012v2.0">
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>false</AnyNonFixedPayments>
      <InitialContractException>false</InitialContractException>
      <RebuttablePresumptionProcedure>false</RebuttablePresumptionProcedure>
      <Form990ScheduleJPartII>
        <NamePerson>DAVID GAVETT</NamePerson>
        <Title>HEADMASTER</Title>
        <BaseCompensationFilingOrg>159609</BaseCompensationFilingOrg>
        <DeferredCompFilingOrg>16000</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>9559</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>185168</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleM documentId="IRS990ScheduleM" softwareId="12000229" softwareVersion="2012v2.0">
      <RealEstateResidential>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>2</NumberOfContributions>
        <NoncashContribsRptdF990>445000</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FAIR MARKET</MethodOfDeterminingRevenues>
      </RealEstateResidential>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>false</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="12000229" softwareVersion="2012v2.0">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15a</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15a: Compensation Review &amp; Approval Process - CEO, Top Management</ReturnReference>
        <Explanation>Headmaster compensation is set annually by the Board. Other key personnel compensation is set by the Headmaster with input from the Board as part of the budget process.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11b: Form 990 Review Process</ReturnReference>
        <Explanation>BOARD APPROVES PRIOR TO MAILING 990.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>