SHARON ACADEMY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: SHARON ACADEMY (EIN 03-0350587)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2025-02-21
IRS object ID: 202520529349301467
Schema version: 2023v6.0
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 I
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-02-21T12:52:43-06:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	921397405	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	TSS ADVISORS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	19 MORGAN DRIVE	AddressLine1Txt
City	LEBANON	CityNm
State Abbreviation	NH	StateAbbreviationCd
ZIP	03766	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	030350587	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE SHARON ACADEMY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SHAR	BusinessNameControlTxt
Phone	8027632500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 207	AddressLine1Txt
City	SHARON	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05065	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARY NEWMAN	PersonNm
Person Title	HEAD OF SCHOOL	PersonTitleTxt
Phone	8027632500	PhoneNum
Signature	2025-02-21	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KYLE M POTTER CPA	PreparerPersonNm
PTIN	P02269785	PTIN
Phone	6036530044	PhoneNum
Preparation	2025-02-21	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARY NEWMAN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 207	AddressLine1Txt
City	SHARON	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05065	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,113,184	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.SHARONACADEMY.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1996	FormationYr
Legal Domicile State	VT	LegalDomicileStateCd
Activity Or Mission	EDUCATION GRADES 7-12	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	11	VotingMembersIndependentCnt
Total Employee	69	TotalEmployeeCnt
Total Volunteers	100	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$316,212	PYContributionsGrantsAmt
CY Contributions Grants	$190,102	CYContributionsGrantsAmt
PY Program Service Revenue	$3,037,018	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,883,263	CYProgramServiceRevenueAmt
PY Investment Income	$33,684	PYInvestmentIncomeAmt
CY Investment Income	$39,819	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$3,386,914	PYTotalRevenueAmt
CY Total Revenue	$3,113,184	CYTotalRevenueAmt
PY Grants And Similar Paid	$86,333	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$84,175	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$2,221,974	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$2,409,101	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$64,831	CYTotalFundraisingExpenseAmt
PY Other Expenses	$789,528	PYOtherExpensesAmt
CY Other Expenses	$895,764	CYOtherExpensesAmt
PY Total Expenses	$3,097,835	PYTotalExpensesAmt
CY Total Expenses	$3,389,040	CYTotalExpensesAmt
PY Revenues Less Expenses	$289,079	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$275,856	CYRevenuesLessExpensesAmt
Total Assets BOY	$5,149,132	TotalAssetsBOYAmt
Total Assets EOY	$4,902,855	TotalAssetsEOYAmt
Total Liabilities BOY	$599,669	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$559,056	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,549,463	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$4,343,799	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE SHARON ACADEMY IS AN INDEPENDENT MIDDLE AND HIGH SCHOOL WHERE STUDENTS ARE KNOWN, VALUED, AND CHALLENGED. THE MISSION OF THE SHARON ACADEMY IS TO NURTURE INTELLIGENT, INDEPENDENT, AND CREATIVE THINKING IN A SMALL SCHOOL COMMUNITY, AWAKENING STUDENTS TO THEIR IMMENSE POTENTIAL AND THE DIFFERENCE THEY CAN MAKE IN THE WORLD.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$2,720,028	ExpenseAmt
Grant	$84,175	GrantAmt
Revenue	$2,883,263	RevenueAmt
Desc	THE SHARON ACADEMY (TSA) CAN BEST BE DESCRIBED AS A TOWN ACADEMY IN RURAL SHARON, VT, THAT OFFERS THE MANY ADVANTAGES OF A SMALL SCHOOL ENVIRONMENT. FOUNDED IN 1996, TSA IS AN INDEPENDENT MIDDLE SCHOOL AND HIGH SCHOOL WITH A TOTAL DAY STUDENT POPULATION OF APPROXIMATELY 160. STUDENTS COME FROM 20 SURROUNDING TOWNS AND 85% OF OUR STUDENT BODY IS PUBLICLY FUNDED. WE EMPHASIZE ACADEMIC RIGOR, PERSONAL RESPONSIBILITY, INDEPENDENT LEARNING, ACCESS TO AUTHENTIC LEADERSHIP OPPORTUNITIES, TEAMWORK, AND COMMUNICATION SKILLS ACROSS THE CURRICULUM. OUR HYBRID OF PUBLIC AND PRIVATE EDUCATION SETS HIGH ACADEMIC STANDARDS. THE GOAL AT TSA IS TO HELP STUDENTS DEEPEN THEIR INTELLECTUAL, ETHICAL, EMOTIONAL, ARTISTIC, AND PHYSICAL SELVES. HERE WE VALUE ALL STUDENTS AS THEY DEFINE THEMSELVES AND WILL CHALLENGE EACH STUDENT TO MEET THEIR POTENTIAL THROUGH THE DISCOVERY OF NEW IDEAS, SKILLS, AND POINTS OF VIEW. STUDENTS ARE EXPLICITLY TAUGHT TO FIND THEIR VOICE AND TO ADVOCATE FOR THEMSELVES. THE MISSION OF THE SHARON ACADEMY IS TO NURTURE INTELLIGENT, INDEPENDENT, AND CREATIVE THINKING IN A SMALL SCHOOL COMMUNITY, AWAKENING STUDENTS TO THEIR IMMENSE POTENTIAL AND THE DIFFERENCE THEY CAN MAKE IN THE WORLD. FOR MORE INFORMATION VISIT: SHARONACADEMY.ORG	Desc
Total Program Service Expenses	$2,720,028	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	21	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	69	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	11	GoverningBodyVotingMembersCnt
Independent Voting Member	11	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARY NEWMAN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8027632500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 207	AddressLine1Txt
City	SHARON	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05065	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
TANYA SWETT
PRESIDENT	5.00	Yes (X)	Yes (X)	$0	$0	$0
PHILIP LAPP
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
DEE GISH
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
TULIO BROWNING
VICE PRESIDENT	5.00	Yes (X)	Yes (X)	$0	$0	$0
KYLIE EASTMAN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
STEPHEN FARRINGTON
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JULIE GROPPE
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ERIK SKARSTEN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
CORA SWANBERG
TRUSTEE	1.00	Yes (X)		$0	$0	$0
GRAY MIRANDA
TRUSTEE	1.00	Yes (X)		$0	$0	$0
KATYE REED
TRUSTEE	1.00	Yes (X)		$0	$0	$0
MARY NEWMAN
HEAD OF SCHOOL	60.00		Yes (X)	$102,702	$0	$22,556

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$102,702	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$22,556	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$190,102	AllOtherContributionsAmt
Total Contributions	$190,102	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES	611710	$2,823,606	$2,823,606
PROGRAM REVENUES	611710	$59,657	$59,657

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,883,263	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$39,819	TotalRevenueColumnAmt
Exclusion	$39,819	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,113,184	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,883,263	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$39,819	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$84,175	TotalAmt
Program Services	$84,175	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$137,005	TotalAmt
Management And General	$116,605	ManagementAndGeneralAmt
Fundraising	$20,400	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,844,509	TotalAmt
Program Services	$1,584,049	ProgramServicesAmt
Management And General	$252,287	ManagementAndGeneralAmt
Fundraising	$8,173	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$34,167	TotalAmt
Program Services	$29,921	ProgramServicesAmt
Management And General	$4,192	ManagementAndGeneralAmt
Fundraising	$54	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$248,970	TotalAmt
Program Services	$221,213	ProgramServicesAmt
Management And General	$27,757	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$144,450	TotalAmt
Program Services	$117,057	ProgramServicesAmt
Management And General	$25,567	ManagementAndGeneralAmt
Fundraising	$1,826	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$9,064	TotalAmt
Program Services	$6,345	ProgramServicesAmt
Management And General	$2,719	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$35,335	TotalAmt
Management And General	$35,335	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$4,857	TotalAmt
Management And General	$4,857	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$58,063	TotalAmt
Management And General	$58,063	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$189	TotalAmt
Management And General	$189	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$118,341	TotalAmt
Program Services	$109,529	ProgramServicesAmt
Management And General	$5,543	ManagementAndGeneralAmt
Fundraising	$3,269	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$24,184	TotalAmt
Management And General	$24,184	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$34,612	TotalAmt
Program Services	$32,035	ProgramServicesAmt
Management And General	$1,621	ManagementAndGeneralAmt
Fundraising	$956	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$101,733	TotalAmt
Program Services	$94,158	ProgramServicesAmt
Management And General	$4,765	ManagementAndGeneralAmt
Fundraising	$2,810	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$48,492	TotalAmt
Program Services	$44,882	ProgramServicesAmt
Management And General	$2,271	ManagementAndGeneralAmt
Fundraising	$1,339	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
BOOKS AND PROGRAM	$171,245	$171,245
TRANSPORTATION	$54,000	$54,000
SPORTS	$43,343	$43,343
SUPPLIES	$36,669	$29,715	$6,490	$464

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$155,637	TotalAmt
Program Services	$98,361	ProgramServicesAmt
Management And General	$31,736	ManagementAndGeneralAmt
Fundraising	$25,540	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,389,040	TotalAmt
Program Services	$2,720,028	ProgramServicesAmt
Management And General	$604,181	ManagementAndGeneralAmt
Fundraising	$64,831	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$743,330	BOYAmt
EOY	$409,576	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$867,006	BOYAmt
EOY	$864,614	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$40,330	BOYAmt
EOY	$15,000	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$63,093	BOYAmt
EOY	$111,720	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$4,092,983	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,953,887	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$2,147,915	BOYAmt
EOY	$2,139,096	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,173,924	BOYAmt
EOY	$1,276,453	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$113,534	BOYAmt
EOY	$86,396	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,149,132	BOYAmt
EOY	$4,902,855	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$239,560	BOYAmt
EOY	$275,131	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$550	BOYAmt
EOY	$550	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$246,025	BOYAmt
EOY	$196,979	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$113,534	BOYAmt
EOY	$86,396	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$599,669	BOYAmt
EOY	$559,056	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,962,905	BOYAmt
EOY	$2,794,242	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,586,558	BOYAmt
EOY	$1,549,557	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,549,463	BOYAmt
EOY	$4,343,799	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,149,132	BOYAmt
EOY	$4,902,855	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$275,856	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$70,192	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

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)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	0	AgentTrusteeEtcInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$351,732	BeginningYearBalanceAmt
Investment Earnings Or Losses	$36,276	InvestmentEarningsOrLossesAmt
Other Expenditures	$9,000	OtherExpendituresAmt
End Year Balance	$379,008	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$341,840	BeginningYearBalanceAmt
Investment Earnings Or Losses	$18,892	InvestmentEarningsOrLossesAmt
Other Expenditures	$9,000	OtherExpendituresAmt
End Year Balance	$351,732	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$399,100	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$49,260	InvestmentEarningsOrLossesAmt
Other Expenditures	$8,000	OtherExpendituresAmt
End Year Balance	$341,840	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$312,226	BeginningYearBalanceAmt
Investment Earnings Or Losses	$86,874	InvestmentEarningsOrLossesAmt
End Year Balance	$399,100	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$318,313	BeginningYearBalanceAmt
Investment Earnings Or Losses	$11,913	InvestmentEarningsOrLossesAmt
Other Expenditures	$18,000	OtherExpendituresAmt
End Year Balance	$312,226	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.49727	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.23049	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.27224	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$317,940	OtherCostOrOtherBasisAmt
Book Value	$317,940	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,637,178	OtherCostOrOtherBasisAmt
Depreciation	$1,300,723	DepreciationAmt
Book Value	$1,336,455	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$475,664	OtherCostOrOtherBasisAmt
Depreciation	$384,565	DepreciationAmt
Book Value	$91,099	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$317,294	OtherCostOrOtherBasisAmt
Depreciation	$268,599	DepreciationAmt
Book Value	$48,695	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$344,907	OtherCostOrOtherBasisAmt
Book Value	$344,907	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$2,139,096	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	OPERATING LEASE LIABILITY	Desc
Amt	$86,396	Amt

Field	Value	IRS element (for citing)
Total Liability	$86,396	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,094,344	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$70,192	NetUnrealizedGainsInvstAmt
Other Revenue	-$84,175	OtherRevenueAmt
Revenue Not Reported	-$13,983	RevenueNotReportedAmt
Revenue Subtotal	$3,108,327	RevenueSubtotalAmt
Investment Expenses Not Incld	$4,857	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$4,857	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,113,184	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,300,008	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$3,300,008	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$4,857	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$84,175	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$89,032	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$3,389,040	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART V, LINE 4:	THE ACADEMY'S ENDOWMENT CONSISTS OF GIFTS RESTRICTED BY DONORS AND GENERAL ASSETS WITHOUT RESTRICTIONS DESIGNATED BY MANAGEMENT AND THE BOARD OF TRUSTEES AS SPECIAL PURPOSE FUNDS FOR LONG-TERM SUPPORT OF THE ACADEMY'S ACTIVITIES, TOGETHER WITH THE ACCUMULATED INVESTMENT RETURN ON THESE ASSETS. THE ACADEMY FOLLOWS VERMONT STATE STATUES, SPECIFICALLY THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) AND ITS OWN GOVERNING DOCUMENTS, IN PARTICULAR THE TSA INVESTMENT POLICY. THE ACADEMY CLASSIFIES AS NET ASSETS WITH PERPETUAL DONOR RESTRICTIONS (A) THE ORIGINAL VALUE OF THE GIFTS DONATED TO THE PERPETUAL ENDOWMENT, (B) THE ORIGINAL AMOUNT OF SUBSEQUENT GIFTS TO THE PERPETUAL ENDOWMENT AND (C) ACCUMULATIONS TO THE PERPETUAL ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME ACCUMULATION IS ASSESSED TO THE FUND. THE ACADEMY HAS ADOPTED THE TSA INVESTMENT POLICY, WHICH SPECIFIES INVESTMENT AND SPENDING GUIDELINES FOR INSTITUTIONAL INVESTMENTS, INCLUDING ENDOWMENT FUND ASSETS. THE TSA INVESTMENT POLICY STATES, WITH RESPECT TO THE TSA ENDOWMENT FUND: "THE PRIMARY OBJECTIVES TO CONSIDER WHEN INVESTING THE ENDOWMENT FUND ARE LONG TERM GROWTH IN FUND ASSETS AND THE GENERATION OF INCOME TO SUPPORT ENDOWMENT PURPOSES AND PRESERVE ENDOWMENT PURCHASING POWER." IT FURTHER SPECIFIES: "AN ANNUAL DRAW FROM THE ENDOWMENT FUND SHALL SUPPORT SCHOOL OPERATIONS", BEING NO MORE THAN THE LESSER OF 3.00% OF THE ENDOWMENT FUND AS OF (I) DECEMBER 31 OR (II) MARCH 31 OF THE FISCAL YEAR. ANY OTHER DRAW FROM THE ENDOWMENT FUND SHALL REQUIRE A BOARD VOTE." TO SATISFY ITS LONG-TERM INVESTMENT OBJECTIVES, THE INVESTMENT POLICY OUTLINES A TOTAL RETURN STRATEGY FOR THE ENDOWMENT IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE INVESTMENT POLICY ESTABLISHES A DIVERSIFIED ASSET ALLOCATION, WITH TARGET ALLOCATION RANGES FOR U.S. DOMESTIC STOCKS, INTERNATIONAL STOCKS, REAL ESTATE INVESTMENTS TRUSTS, FIXED INCOME AND CASH. FROM TIME TO TIME, THE FAIR VALUE OF ASSETS ASSOCIATED WITH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS MAY FALL BELOW THE LEVEL THAT THE DONOR OR THE UNIFORM PRUDENT MANAGEMENT INSTITUTIONAL FUNDS ACT (UPMIFA) REQUIRES THE ACADEMY TO RETAIN AS A FUND OF PERPETUAL DURATION. NO SUCH DEFICIENCIES OF THIS NATURE EXISTED AS OF JUNE 30, 2024 AND 2023. WHEN SUCH DEFICIENCIES EXIST, THEY ARE THE RESULT OF UNFAVORABLE MARKET FLUCTUATIONS THAT OCCUR AFTER THE INVESTMENT OF NEW CONTRIBUTIONS FOR DONOR-RESTRICTED ENDOWMENT FUNDS AND CONTINUED APPROPRIATION FOR CERTAIN PROGRAMS THAT IS DEEMED PRUDENT BY THE BOARD OF TRUSTEES. THE ACADEMY HAS A POLICY TO PERMIT SPENDING FROM UNDERWATER ENDOWMENT FUNDS CONSISTENT WITH ITS SPENDING POLICY AS OUTLINED ABOVE.
PART X, LINE 2:	ACCOUNTING STANDARDS CODIFICATION SUBTOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE ACCOUNTING UNCERTAINTY OF INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF "MORE-LIKELY-THAN-NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. SUBTOPIC 740-10 ALSO PROVIDES GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. THE ACADEMY HAS DETERMINED THAT THE PROVISIONS OF SUBTOPIC 740-10 DO NOT HAVE A MATERIAL EFFECT ON THE ACADEMY'S FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	FINANCIAL AID -84,175.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	FINANCIAL AID 84,175.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	ADVERTISING FOR TEACHING POSITIONS INDICATE SHARON ACADEMY IS AN EQUAL OPPORTUNITY EMPLOYER. STUDENT ENROLLMENT FORMS INCLUDE STATEMENT THAT THE ACADEMY IS RACIALLY NONDISCRIMINATORY.
SCHEDULE E, PART I, LINE 6	TUITION FOR MANY STUDENTS IS PAID BY THEIR LOCAL SCHOOL DISTRICT.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	FINANCIAL AID	GrantTypeTxt
Recipient	5	RecipientCnt
Non Cash Assistance	$84,175	NonCashAssistanceAmt
Valuation Method Used	FMV	ValuationMethodUsedDesc
Non Cash Assistance	THE ACADEMY IMMEDIATELY APPLIES THE NEED-BASED GRANT AWARD TO THE TUITION BALANCE. THE NAME AND ADDRESSES OF THE RECIPIENTS ARE AVAILABLE AT THE ACADEMY'S BUSINESS OFFICE.	NonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE ACADEMY IMMEDIATELY APPLIES THE NEED-BASED GRANT AWARD TO THE TUITION BALANCE.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	CARL GROPPE	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	SPOUSE OF TRUSTEE	RelationshipDescriptionTxt
Transaction	$63,530	TransactionAmt
Transaction	CARL GROPPE IS EMPLOYED BY THE ACADEMY AS THE IT DIRECTOR AND IS ALSO THE SPOUSE OF A MEMBER OF THE BOARD OF TRUSTEES.	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE FINANCE COMMITTEE REVIEWS THE FORM 990 FOR ACCURACY AND APPROVES IT BEFORE ITS FILING DEADLINE. THE FINANCE COMMITTEE THEN REPORTS ITS FINDINGS ON THE FORM 990 TO THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12C	ANNUALLY, ALL MEMBERS OF THE BOARD OF TRUSTEES PROVIDE THE CHAIRPERSON WITH A LIST OF BUSINESSES AND NONPROFIT ORGANIZATIONS WITH WHICH EACH INDIVIDUAL IS AFFILIATED. IT IS THE RESPONSIBILITY OF ALL TRUSTEES TO DISCLOSE ANY DISQUALIFYING RELATIONSHIP WITH ANY PROPOSED TRANSACTIONS AND TO ABSTAIN FROM DISCUSSING, VOTING ON, OR OTHERWISE ATTEMPTING TO INFLUENCE THE DECISION ON THE PROPOSED ACTION. THE TRUSTEES MAY PROVIDE INFORMATION IF REQUESTED TO DO SO.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE SALARY FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL DETERMINES THE SALARIES FOR ALL OTHER EMPLOYEES. FACULTY SALARIES AT INITIAL HIRING ARE GUIDED BY A MATRIX THAT TAKES INTO ACCOUNT EDUCATION AND YEARS OF EXPERIENCE. ANNUAL SALARY INCREASES ARE RECOMMENDED BY THE HEAD OF SCHOOL TO THE BOARD OF TRUSTEES FOR APPROVAL. TRADITIONALLY THOSE RECOMMENDATIONS HAVE BEEN MADE FOR FACULTY AND STAFF AS WHOLE GROUPS, RATHER THAN ON THE INDIVIDUAL LEVEL.
FORM 990, PART VI, SECTION C, LINE 19	ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG.