2012-03-09T12:58:08-06:00 2011-06-30 TYLER SIMMS & STSAUVEUR CPAS PC 19 MORGAN DRIVE LEBANON NH 03766 990 2010-07-01 030179600 VERMONT ACADEMY VERM 8028696200 PO BOX 500 SAXTONS RIVER VT 05154 020922 8028696200 2012-03-05 1 W JAY SIMMS 6036530044 2010 2016-02-24 21:20:13Z SEAN P BRENNAN PO BOX 500 SAXTONS RIVER VT 05154 12111363 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. 26 26 229 10 27400 -4852 2074448 1465298 9560882 10297607 199831 321058 27410 27400 11862571 12111363 2013611 2122817 0 0 4437458 5186318 0 0 394334 3924924 4320234 10375993 11629369 1486578 481994 21110308 22304248 6116581 5961322 14993727 16342926 TO PROVIDE A SUPPORTIVE COMMUNITY AND CLOSE PERSONAL ATTENTION TO ITS STUDENTS. VERMONT ACADEMY DEVELOPS CONFIDENT, ACTIVE LEARNERS, AND RESPECTFUL CITIZENS 0 0 9336488 2122817 9537986 VERMONT ACADEMY IS 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. 411029 759621 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. 9747517 1 1 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 70 0 1 229 1 1 1 0 0 0 0 0 0 0 0 0 X 26 26 0 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 STEVEN E KAROL 1.00 X X 0 0 0 MICHAEL A CHOUKAS 1.00 X X 0 0 0 COL RICHARD I STARK JR 1.00 X X 0 0 0 CHRIS A COTA 1.00 X X 0 0 0 LINDA AITKEN 1.00 X 0 0 0 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 STUART EISENKRAFT 1.00 X 0 0 0 LINDA FINK 1.00 X 0 0 0 PENNY GENDRON 1.00 X 0 0 0 MICHAEL P GERITY 1.00 X 0 0 0 ANNE HERBERT 1.00 X 0 0 0 DAVID HOLTON 1.00 X 0 0 0 MARY HELEN HOLZSCHUH 1.00 X 0 0 0 PENNY HOROWITZ 1.00 X 0 0 0 THE REV PETER HOWE 1.00 X 0 0 0 TIMOTHY J LORD 1.00 X 0 0 0 DONALD G MCINNES 1.00 X 0 0 0 THE HONORABLE GEORGE P MOSER 1.00 X 0 0 0 MARVIN NEUMAN 1.00 X 0 0 0 DAVID ROBINSON 1.00 X 0 0 0 KEVIN J SEIFERT 1.00 X 0 0 0 CAROLYN SALZMAN 1.00 X 0 0 0 S TYLER TREGALLAS 1.00 X 0 0 0 ANDREW WARD 1.00 X 0 0 0 SEAN P BRENNAN 40.00 X 151875 0 73929 SEAN P CAMPBELL 40.00 X 90390 0 4035 242265 0 77964 1 0 1 0 0 19039 1446259 155076 1465298 TUITION 611710 8296378 8296378 PROGRAM SUPPORTING REV 611710 1241608 1241608 SUMMER PROGRAM REV. 611710 759621 759621 10297607 249236 249236 71322 500 71322 500 71822 71822 0 19039 0 0 HOCKEY RINK RENTAL 713990 27400 27400 27400 12111363 10297607 27400 321058 2122817 2122817 278844 278844 3862095 2969512 663331 229252 123006 99132 14051 9823 586797 387610 171501 27686 335576 234903 83894 16779 6966 6966 40540 40540 25332 25332 48313 22226 26087 309719 236017 43999 29703 217550 193264 24286 89 89 100454 100454 758336 758336 119061 92072 26989 EDUCATION PROGRAM 532188 532188 PLANT EXPENSE 359062 359062 DINING HALL 343471 343471 MISC. EXP. 249355 165957 83398 ATHLETIC PROGRAM 240536 240536 969262 889871 24387 55004 11629369 9747517 1487518 394334 246623 1047976 22414 494171 344618 118656 110527 393634 204465 22403644 10175271 12688482 12228373 6705314 6819975 463428 1524325 0 1575 21110308 22304248 725783 600697 263488 256847 1927390 1884755 3199920 3219023 6116581 5961322 X 8412455 8556569 1278612 2217837 5302660 5568520 14993727 16342926 21110308 22304248 X 481994 867205 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6753240 265860 1032345 252357 7799088 6170037 111219 725373 253389 6753240 7685562 37280 -1294471 258334 6170037 0.05430 0.71400 0.23170 0 0 1503105 1503105 18410395 8310561 10099834 2451564 1864710 586854 38580 38580 12228373 CASH AND CASH EQUIVALENTS 1524325 F 1524325 ADVANCED TUITION 2580177 SPLIT-INTEREST ANNUITIES 567643 CAPITAL LEASE OBLIGATION 71203 3219023 12111363 11629369 481994 867205 867205 1349199 10830419 867205 867205 9963214 25332 2122817 2148149 12111363 9481220 0 9481220 2148149 2148149 11629369 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 BY PROMOTING THE PROGRAMS AS STATED BY THE DONORS. MOST FUNDS THAT ARE SPECIFICALLY DIRECTED ARE DIRECTED TO FINANCIAL AID AND SCHOLARSHIPS, AND THOSE FUNDS ARE USED FOR FINANCIAL AID AND SCHOLARSHIPS. FINALLY, ANY UNSPECIFIED FUNDS ARE USED FOR GENERAL SUPPORT OF THE SCHOOL, AND FOR THE MOST PART WOULD BE CONSIDERED TO HAVE BEEN SPENT ON FINANCIAL AID FOR WHICH THE SCHOOL SPENDS APPROXIMATELY 2,100,000 PER YEAR. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,122,817. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,122,817. INVESTMENT EXPENSE 25,332. 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-DISCRIMINATORY POLICY IS PUBLISHED IN SCHOOL LITERATURE, IN MAGAZINE ADVERTISING, AND IN THE BOSTON GLOBE NEWSPAPER. PARENTS AUCTION 19039 19039 19039 19039 1 FINANCIAL AID 89 2122817 FMV THE NAMES AND ADDRESSES OF THE RECEIPIENTS ARE AVAILABLE AT THE BUSINESS OFFICE. OTHER INFORMATION: PART IV: 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 151875 0 0 0 0 0 3920 0 70009 0 225804 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED TO THE HEAD OF SCHOOL. CHRIS A COTA MEMBER OF THE BOD 243869 THE ACADEMY PURCHASES A PORTION OF ITS HEATING FUEL AND ALSO RECEIVES SERVICE ON THEIR HEATING EQUIPMENT FROM A COMPANY WHOSE SHAREHOLDER IS A TRUSTEE OF THE ACADEMY 0 X 13 144274 FMV X MISCELLANEOUS 87 29841 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 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 OGRANIZATION'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 5: NET UNREALIZED GAINS ON INVESTMENTS: 867,205.