2011-02-08T13:49:46-06:00 2010-06-30 Tyler Simms & StSauveur CPAS PC 19 Morgan Drive Lebanon NH 03766 990 2009-07-01 030253366 The Long Trail School Inc LONG 8028675717 1045 Kirby Hollow Road Dorset VT 05251 JOHN SUITOR 8028675717 2011-02-03 1 W JAY SIMMS 6036530044 2009 2016-02-24 21:20:13Z JOHN SUITOR 1045 KIRBY HOLLOW Rd Dorset VT 05251 9718527 0 X www.longtrailschool.org X 1975 VT Secondary Education 12 12 69 50 0 0 1504786 639691 3315429 3003111 -10717 298773 29482 4809498 3971057 1007489 636199 0 2476848 2673983 0 231082 1312282 1410519 4796619 4720701 12879 -749644 12919999 12259234 2333098 2238659 10586901 10020575 To provide an intellectually enriching college-preparatory curriculum in a supportive, caring environment to foster in each student a lifelong commitment to excellence. 0 0 3420079 636199 3003111 The organization operates a secondary-level school for grades 6 to 12 that provided an education to 170 students. 3420079 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 69 1 0 0 0 0 0 0 0 0 0 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X HELEN S TELFER 8028675717 1045 Kirby Hollow Road Dorset VT 05251 STEVEN DEAR 1.00 X X 0 0 0 Gerrit Kouwenhoven 1.00 X X 0 0 0 Michael Schozer 1.00 X X 0 0 0 ANdrea Ross 1.00 X X 0 0 0 JOHN SOBEL 1.00 X 0 0 0 CHARLIE ROCKWELL 1.00 X 0 0 0 ALDEN BOLDGET 1.00 X 0 0 0 DAVID GATES 1.00 X 0 0 0 Robert Lloyd 1.00 X 0 0 0 Robert Rosenfeld 1.00 X 0 0 0 KATHLINE COLSON 1.00 X 0 0 0 CHRIS MORROW 1.00 X 0 0 0 John Suitor 40.00 X 158620 0 37655 158620 0 37655 1 0 1 0 0 1160 638531 24945 639691 Tuition 611600 2576565 2576565 Program Support 611710 338422 338422 Summer Programs 611600 88124 88124 3003111 125074 125074 5864394 5690695 173699 173699 173699 86257 1160 56775 29482 29482 3971057 3003111 0 328255 636199 636199 179554 179554 2115568 1393474 587150 134944 60521 40643 19878 169373 133847 33604 1922 148967 91068 50283 7616 3774 3774 27806 27806 31116 31116 4032 4032 45690 37111 690 7889 115121 80839 34103 179 96414 84414 12000 40088 34088 6000 41261 41261 308386 308386 35335 35335 Department Expense 175695 175695 Repairs and Maintenance 106867 106867 Miscellaneous Expense 77859 37729 6773 33357 Strategic Plan 60553 60553 Bad Debt 46074 46074 194448 122570 26703 45175 4720701 3420079 1069540 231082 4450 6302 369752 97144 55982 122368 123927 92236 26380 30737 72597 9551136 2800154 6945449 6750982 4094389 4908025 1183653 81002 111660 102198 12919999 12259234 211046 230250 178477 180601 1906254 1812141 37321 15667 2333098 2238659 X 7934521 7252433 871202 836364 1781178 1931778 10586901 10020575 12919999 12259234 X 0 1 0 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5322361 577203 410985 1203562 5106987 6595968 1344401 -1413426 1204582 5322361 0.46000 0.16000 0.38000 0 0 168847 168847 8230444 2044314 6186130 209142 209142 942703 755840 186863 6750982 3971057 4720701 -749644 138143 45175 183318 -566326 3441885 311842 311842 3130043 31116 809898 841014 3971057 4008211 0 4008211 31116 681374 712490 4720701 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. 1 1 1 The school publicizes its racial nondiscriminatory policy in all advertising and brouchures. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Rat Pack 75817 75817 45175 Golf Event 11600 1160 10440 6276 5324 87417 1160 86257 6276 50499 56775 29482 1 FINANCIAL AID 170 636199 FMV FINANCIAL AID Procedure for Monitoring Grants in the U.S.: Part I, Line 2: 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. X X 1 0 X X 0 0 0 0 0 0 0 0 0 John Suitor 158620 0 0 0 0 0 8820 0 28835 0 196275 0 0 0 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. VERMONT ECONOMIC DEVELOPMENT AUTHORITY 036024497 2004-12-29 2317658 FINANCE CONTSTRUCTION 0 0 2317658 45943 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 John Suitor Compensation package, forgivable loan terminating 2014 if conditions met. X 25315 26380 0 1 1 26380 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