LONG TRAIL SCHOOL INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- LONG TRAIL SCHOOL INC (EIN 03-0253366)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-08
- IRS object ID
- 201130399349300818
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-08T13:49:46-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tyler Simms & StSauveur CPAS PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 Morgan Drive | AddressLine1 |
| City | Lebanon | City |
| State | NH | State |
| ZIP Code | 03766 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030253366 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Long Trail School Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LONG | NameControl |
| Phone | 8028675717 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1045 Kirby Hollow Road | AddressLine1 |
| City | Dorset | City |
| State | VT | State |
| ZIP Code | 05251 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN SUITOR | Name |
| Title | HEADMASTER | Title |
| Phone | 8028675717 | Phone |
| Date Signed | 2011-02-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | W JAY SIMMS | Name |
| Phone | 6036530044 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOHN SUITOR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1045 KIRBY HOLLOW Rd | AddressLine1 |
| City | Dorset | City |
| State | VT | State |
| ZIP Code | 05251 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 9718527 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.longtrailschool.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1975 | YearFormation |
| State Legal Domicile | VT | StateLegalDomicile |
| Activity Or Mission Description | Secondary Education | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 69 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1504786 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 639691 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3315429 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3003111 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -10717 | InvestmentIncomePriorYear |
| Investment Income Current Year | 298773 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 29482 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4809498 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3971057 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1007489 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 636199 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2476848 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2673983 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 231082 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1312282 | OtherExpensePriorYear |
| Other Expenses Current Year | 1410519 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4796619 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4720701 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 12879 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -749644 | RevenuesLessExpensesCY |
| Total Assets BOY | 12919999 | TotalAssetsBOY |
| Total Assets EOY | 12259234 | TotalAssetsEOY |
| Total Liabilities BOY | 2333098 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2238659 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 10586901 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10020575 | NetAssetsOrFundBalancesEOY |
| Mission Description | To provide an intellectually enriching college-preparatory curriculum in a supportive, caring environment to foster in each student a lifelong commitment to excellence. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3420079 | Expense |
| Grants | 636199 | Grants |
| Revenue | 3003111 | Revenue |
| Description | The organization operates a secondary-level school for grades 6 to 12 that provided an education to 170 students. | Description |
| Total Program Service Expense | 3420079 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 69 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HELEN S TELFER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8028675717 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1045 Kirby Hollow Road | AddressLine1 |
| City | Dorset | City |
| State | VT | State |
| ZIP Code | 05251 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| STEVEN DEAR | ||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| Gerrit Kouwenhoven | ||||||
| Vice Chair | 1.00 | X | X | 0 | 0 | 0 |
| Michael Schozer | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| ANdrea Ross | ||||||
| Secretary | 1.00 | X | X | 0 | 0 | 0 |
| JOHN SOBEL | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| CHARLIE ROCKWELL | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| ALDEN BOLDGET | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| DAVID GATES | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Robert Lloyd | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Robert Rosenfeld | ||||||
| trustee | 1.00 | X | 0 | 0 | 0 | |
| KATHLINE COLSON | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| CHRIS MORROW | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| John Suitor | ||||||
| Head of School | 40.00 | X | 158620 | 0 | 37655 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 158620 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 37655 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 1160 | FundraisingEvents |
| All Other Contributions | 638531 | AllOtherContributions |
| Noncash Contributions | 24945 | NoncashContributions |
| Total Contributions | 639691 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition | 611600 | 2576565 | 2576565 |
| Program Support | 611710 | 338422 | 338422 |
| Summer Programs | 611600 | 88124 | 88124 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3003111 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 125074 | TotalRevenueColumn |
| Exclusion | $125,074 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5864394 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5690695 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 173699 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 173699 | TotalRevenueColumn |
| Exclusion | $173,699 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 86257 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 1160 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 56775 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29482 | TotalRevenueColumn |
| Exclusion | $29,482 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3971057 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3003111 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $328,255 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 636199 | Total |
| Program Services | 636199 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 179554 | Total |
| Management And General | 179554 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2115568 | Total |
| Program Services | 1393474 | ProgramServices |
| Management And General | 587150 | ManagementAndGeneral |
| Fundraising | 134944 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60521 | Total |
| Program Services | 40643 | ProgramServices |
| Management And General | 19878 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 169373 | Total |
| Program Services | 133847 | ProgramServices |
| Management And General | 33604 | ManagementAndGeneral |
| Fundraising | 1922 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 148967 | Total |
| Program Services | 91068 | ProgramServices |
| Management And General | 50283 | ManagementAndGeneral |
| Fundraising | 7616 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3774 | Total |
| Management And General | 3774 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27806 | Total |
| Management And General | 27806 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31116 | Total |
| Management And General | 31116 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4032 | Total |
| Management And General | 4032 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45690 | Total |
| Program Services | 37111 | ProgramServices |
| Management And General | 690 | ManagementAndGeneral |
| Fundraising | 7889 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 115121 | Total |
| Program Services | 80839 | ProgramServices |
| Management And General | 34103 | ManagementAndGeneral |
| Fundraising | 179 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96414 | Total |
| Program Services | 84414 | ProgramServices |
| Management And General | 12000 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40088 | Total |
| Program Services | 34088 | ProgramServices |
| Management And General | 6000 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41261 | Total |
| Program Services | 41261 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 308386 | Total |
| Program Services | 308386 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35335 | Total |
| Program Services | 35335 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Department Expense | 175695 | 175695 | ||
| Repairs and Maintenance | 106867 | 106867 | ||
| Miscellaneous Expense | 77859 | 37729 | 6773 | 33357 |
| Strategic Plan | 60553 | 60553 | ||
| Bad Debt | 46074 | 46074 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 194448 | Total |
| Program Services | 122570 | ProgramServices |
| Management And General | 26703 | ManagementAndGeneral |
| Fundraising | 45175 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4720701 | Total |
| Program Services | 3420079 | ProgramServices |
| Management And General | 1069540 | ManagementAndGeneral |
| Fundraising | 231082 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4450 | BOY |
| EOY | 6302 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 369752 | BOY |
| EOY | 97144 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55982 | BOY |
| EOY | 122368 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 123927 | BOY |
| EOY | 92236 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 26380 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30737 | BOY |
| EOY | 72597 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 9551136 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2800154 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6945449 | BOY |
| EOY | 6750982 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4094389 | BOY |
| EOY | 4908025 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1183653 | BOY |
| EOY | 81002 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111660 | BOY |
| EOY | 102198 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12919999 | BOY |
| EOY | 12259234 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 211046 | BOY |
| EOY | 230250 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 178477 | BOY |
| EOY | 180601 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1906254 | BOY |
| EOY | 1812141 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37321 | BOY |
| EOY | 15667 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2333098 | BOY |
| EOY | 2238659 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7934521 | BOY |
| EOY | 7252433 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 871202 | BOY |
| EOY | 836364 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1781178 | BOY |
| EOY | 1931778 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10586901 | BOY |
| EOY | 10020575 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12919999 | BOY |
| EOY | 12259234 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5322361 | BeginningOfYearBalance |
| Contributions | 577203 | Contributions |
| Investment Earnings Or Losses | 410985 | InvestmentEarningsOrLosses |
| Other Expenditures | 1203562 | OtherExpenditures |
| End Of Year Balance | 5106987 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6595968 | BeginningOfYearBalance |
| Contributions | 1344401 | Contributions |
| Investment Earnings Or Losses | -1413426 | InvestmentEarningsOrLosses |
| Other Expenditures | 1204582 | OtherExpenditures |
| End Of Year Balance | 5322361 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.46000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.16000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.38000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 168847 | OtherCostOrOtherBasis |
| Book Value | 168847 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8230444 | OtherCostOrOtherBasis |
| Depreciation | 2044314 | Depreciation |
| Book Value | 6186130 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 209142 | OtherCostOrOtherBasis |
| Book Value | 209142 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 942703 | OtherCostOrOtherBasis |
| Depreciation | 755840 | Depreciation |
| Book Value | 186863 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6750982 | TotalOfBookValueLandBuildings |
| Total Revenue | 3971057 | TotalRevenue |
| Total Expenses | 4720701 | TotalExpenses |
| Excess Or Deficit For Year | -749644 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 138143 | NetUnrealizedGLOnInvestments |
| Other | $45,175 | OtherAmount |
| Total Adjustments | 183318 | TotalAdjustments |
| Excess Or Deficit Per FS | -566326 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 3441885 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 311842 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 311842 | RevenueNotRptdF990 |
| Revenue Subtotal | 3130043 | RevenueSubtotal |
| Investment Expenses Not Included | 31116 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 809898 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 841014 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3971057 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4008211 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4008211 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 31116 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 681374 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 712490 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4720701 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | THE ENDOWMENT FUND IS USED FOR VARIOUS PURPOSES, INCLUDING SCHOLARSHIPS, PROFESSIONAL DEVELOPMENT, AND OTHER GENERAL AND ADMINISTRATIVE EXPENSES. |
| Part XI, Line 8 - Other Adjustments: | SPECIAL EVENTS EXPENSE: 45175. | |
| Part XII, Line 4b - Other Adjustments: | Financial Aid: 636199. REALIZED GAINS ON INVESTMENTS: 173699. | |
| Part XIII, Line 4b - Other Adjustments: | Financial Aid: 636199. SPECIAL EVENTS EXPENSE: 45175. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | The school publicizes its racial nondiscriminatory policy in all advertising and brouchures. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Rat Pack | NameOfEvent1 |
| Gross Receipts Event1 | 75817 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 75817 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 45175 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Golf Event | NameOfEvent2 |
| Gross Receipts Event2 | 11600 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 1160 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 10440 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 6276 | RentFacilityCostsEvent2 |
| Other Direct Expenses Event2 | 5324 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 87417 | GrossReceiptsTotal |
| Charitable Contributions Total | 1160 | CharitableContributionsTotal |
| Gross Revenue Total Events | 86257 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 6276 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 50499 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 56775 | DirectExpenseSummaryEvents |
| Net Income Summary | 29482 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 170 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 636199 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | FINANCIAL AID | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: The organization's grants are issued to students as financial aid. In most cases, tuition is reduced by the grant leaving a net amount that the student must pay. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John Suitor | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 158620 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 8820 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 28835 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 196275 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | The headmaster was provided with $12,000 for housing and $6,000 for car allowance during the fiscal year. The School also paid for a club membership in the amount of $25,315, forgivable over time if certain requirements are met by the headmaster. |
| Part I, Line 1b | The School has an incentive based note receivable due from the headmaster amounting to $26,380 (including accrued interest). The note bears 5% interest and matures June 30, 2014. Repayment of the note receivable is contingent upon performance in respect to specific criteria identified by the School's Board of Trustees. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERMONT ECONOMIC DEVELOPMENT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 036024497 | IssuerEIN |
| Date Issued | 2004-12-29 | DateIssued |
| Issue Price | 2317658 | IssuePrice |
| Description Of Purpose | FINANCE CONTSTRUCTION | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 2317658 | TotalProceeds |
| Issuance Costs From Proceeds | 45943 | IssuanceCostsFromProceeds |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 0 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | John Suitor | NamePerson |
| Purpose Of Loan | Compensation package, forgivable loan terminating 2014 if conditions met. | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $25,315 | OriginalPrincipalAmount |
| Balance Due | 26380 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 26380 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | The Form 990 is reviewed by the Board Treasurer, as well as BY the Business Manager OF THE SCHOOL. The Board of TRUSTEES approveS the FORM 990 based on the Board Treasurer's review. |
| Form 990, Part VI, Section B, line 12c | ALL TrusteeS and ALL memberS of aNY committee with board-delegated GOVERNING powers shall annually sign a stAtement that affirms THAT THEY: a. HaVE received a copy of the conflict of interest policy; b. HaVE read and understOOD the policy; c. HaVE agreed to comply with the policy; d. Understand THAT the Long Trail SCHool, INC. is A charitable ORGANIZATION and THAT in order to maintain its federal tax exemption, it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. |
| Form 990, Part VI, Section B, line 15a | The Chair and THE Treasurer of the Board OF TRUSTEES wilL USE the school's accountants and lawyers to develop the Head of School's compensation package. Additionally, the CHAIR AND THE TREASURER will attend conferences THAT focus on Head of School compensation. |
| Form 990, Part VI, Section C, line 19 | Upon request |
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