Mt Mansfield Winter Academy Inc in Stowe, Vermont (VT)

Organization representatives - add corrected or new information about Mt Mansfield Winter Academy Inc »

Non-representatives - add comments about Mt Mansfield Winter Academy Inc»

Mt Mansfield Winter Academy Inc
Employer Identification Number (EIN)030354068
Name of OrganizationMt Mansfield Winter Academy Inc
AddressPO BOX 3269, Stowe, VT 05672-3269
ActivitiesPrivate school, School, college, trade school, etc.
SubsectionEducational Organization
Ruling Date07/1998
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period04/2014
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,337,575
Amount of Income$623,594
Form 990 Revenue Amount$592,623
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Secondary, High School


Non-representatives - add comments:


CAPTCHA

Your IP address 35.173.181.0 will be logged.

Amount of income in 2014: $623,594 (it was $689,662 in 2013)
Mt Mansfield Winter Academy Inc: 

 $623,594
Other organizations performing similar types of work: 

 $3,813,153

Assets in 2014: $1,337,575 (it was $1,412,367 in 2013)
Mt Mansfield Winter Academy Inc: 

 $1,337,575
Other organizations performing similar types of work: 

 $4,672,485

Expenses in 2014: $637,938
Mt Mansfield Winter Academy Inc: 

 $637,938
Other organizations performing similar types of work: 

 $3,022,107

Income to expenses ratio in 2014: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.1

Number of employees in 2014: 56
This organization: 

 56
Other organizations performing similar types of work: 

 56

Grants share in income in 2014: 15.1%
This organization: 

 15.1%
Other organizations performing similar types of work: 

 25.0%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?YesYes
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?YesNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201220132014
The number reported in Box 3 of Form 109611
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return6056
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$60,455$63,238
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$13,205$13,311
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201220132014
Total revenue$645,914$660,733$592,623
Contributions, Gifts, Grants and Other Similar Amounts$85,906$95,800$89,558
Program Service Revenue$549,762$552,458$465,741
611600$420,860$369,873
611600$114,088$78,948
532000$17,510$16,920
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0$0$8
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$0$111$0
Net income/loss from fundraising events$12,321$10,523$39,377
Gross income from fundraising events$16,340$25,945$54,284
Less: direct expenses$4,019$15,422$14,907
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$-2,075$1,841$-2,061
Gross sales of inventory, less returns and allowances$9,196$10,241$14,003
Less: cost of goods sold$11,271$8,400$16,064
Miscellaneous Revenue$0$0$0
Statement of Functional Expenses
201220132014
Total functional expenses$619,124$673,512$637,938
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$15,500$18,000
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$0$59,488$61,095
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$258,327$211,679$187,240
Pension plan accruals and contributions$0$0
Other employee benefits$13,205$13,311
Payroll taxes$24,442$26,161$22,018
Fees for services (non-employees)
Management$0$0
Legal$0$0
Accounting$1,824$4,502
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$0$0
Advertising and promotion$14,441$12,013
Office expenses$8,881$10,918
Information technology$0$0
Royalties$0$0
Occupancy$117,117$104,649
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$69,942$64,537
Payments to affiliates$0$0
Depreciation, depletion, and amortization$48,906$47,405
Insurance$14,015$17,569
Other expenses$43,923$49,590
Other expenses$9,762$7,794
Other expenses$7,271$6,806
Other expenses$3,943$3,220
Other expenses$7,454$7,271
Balance Sheet
201220132014
Total assets$1,452,182$1,412,367$1,337,575
Cash - non-interest-bearing$1,628$-31,288
Savings and temporary cash investments$10,975$990
Pledges and grants receivable, net$0$0
Accounts receivable, net$10,384$9,347
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$2,000
Prepaid expenses and deferred charges$0$0
Land, buildings, and equipment: cost or other basis$1,389,380$1,356,526
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$1,114,389$1,087,353$1,057,876
Accounts payable and accrued expenses$0$0
Grants payable$0$0
Deferred revenue$0$27,075
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$1,088,239$1,053,169$1,020,801
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$34,184$10,000
Total net assets or fund balances$337,793$325,014$279,699
Unrestricted net assets$325,014$279,699
Temporarily restricted net assets$0$0
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Mt Mansfield Winter Academy Inc to others? (optional)
  
Add photo of Mt Mansfield Winter Academy Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Yes Prep Public Schools Inc6201 Bonhomme, Houston, TX 77036-4365TX1998-10$90,271,527
2Options For Youth-San Gabriel Inc320 N Halstead St Ste 280, Pasadena, CA 91107-3117CA1997-02$8,915,679
3South Texas Educational Technologies Inc519 S Texas Blvd, Weslaco, TX 78596-6220TX1998-02$7,917,235
4Genesis Schools3800 Main St Ste E, Dallas, TX 75226-1281TX1996-06$7,283,749
5Arizona School For The Arts1410 N 3rd St, Phoenix, AZ 85004-1608AZ1995-11$6,892,595
6Julia Morgan School For Girls5000 Macarthur Blvd Pmb 9966, Oakland, CA 94613-1301CA1998-04$5,481,524
7Southwest Christian High School Inc1981 Bavaria Rd, Chaska, MN 55318-1462MN1997-02$4,170,973
8Yavneh Academy Of Dallas12324 Merit Dr, Dallas, TX 75251-2222TX1995-02$3,813,153
9Rapid City Christian Education Association Inc23757 Arena Dr, Rapid City, SD 57702-7302SD1983-04$1,304,410
10Vail Christian AcademyPO BOX 1980, Avon, CO 81620-1980CO1996-10$982,056
11Tyburn Academy7 William St, Auburn, NY 13021-3707NY1994-03$692,184
12Mt Mansfield Winter Academy IncPO BOX 3269, Stowe, VT 05672-3269VT1998-07$623,594
13The Community School RockfordPO BOX 15407, Loves Park, IL 61132-5407IL1997-10$233,066
14Jewish Teen Learning ConnectionCommunity High School Inc 2626 Alba, West Hartford, CT 06117CT1993-05$148,972
15Alpha Omega Christian School Of LeonardPO BOX 376, Leonard, TX 75452-0376TX1995-05$0
16Bridge Academy For Learning501 S 33rd St, Mcallen, TX 78501-8202TX1996-05$0
17Eagle Ridge Christian School Inc4210 State Highway K, Cpe Girardeau, MO 63701-9487MO1997-10$0
18Faith Christian High School, Faith Christian Church Dba Faith Christian SchoolP O Box 98, Guntonw, MS 38849MS1998-08$0
19Nuestra America High School Inc50 E Adams St, Chicago, IL 60603-6103IL1997-10$0
20Schools Of St Mary7 Pursuit, Aliso Viejo, CA 92656-4213CA1998-11$0
Number of organizations performing similar types of work
Arizona3
California3
Colorado1
Connecticut1
Florida1
Georgia1
Illinois2
Minnesota1
Missouri1
Mississippi1
New Jersey1
New York1
Oregon1
South Dakota1
Texas6
Vermont1
Total26

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Mt Mansfield Winter Academy Inc and has no official or unofficial affiliation with Mt Mansfield Winter Academy Inc