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Carrabassett Valley Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010384633 ✦ Carrabassett valley, ME ✦ Designated as a 501(c)(3)

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Overview

What is Carrabassett Valley Academy?

Carrabassett Valley Academy is a nonprofit institution situated in Carrabassett Valley, Maine, with a ZIP code of 04947. It serves around 90 students by offering secondary education and specialized athletic training, particularly in competitive skiing and snowboarding. The mission of Carrabassett Valley Academy is to nurture the holistic development of its student-athletes, ensuring a balanced focus on rigorous college-preparatory academics, responsible living, and top-tier athletic coaching. With a workforce of 158 individuals, the academy is dedicated to providing an enriching learning environment that fosters personal growth and success in both academic and athletic pursuits.


Official website here: www.gocva.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Carrabassett Valley Academy has achieved a strong rating of 96% from Charity Navigator, reflecting excellent accountability and financial health. The organization scores particularly well in various areas, including having a majority of independent board members, a solid program expense ratio, and no material diversion of assets. The comprehensive auditing and oversight policies contribute to a transparent and responsible organizational framework.

User feedback highlights a caring community and individualized attention for students, particularly beneficial for those pursuing winter sports while maintaining academic rigor. Positive reviews emphasize the growth in confidence, personal development, and the nurturing environment for students, regardless of their athletic prowess. Parents appreciate the balance of athletics and academics that the school offers.

However, there are criticisms regarding perceived nepotism within the school's staff and administration, which some believe detracts from the overall student experience. This mixed feedback suggests that while many families find great value in the school's offerings, potential students and their parents may want to conduct thorough research and seek diverse opinions before deciding on enrollment.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Carrabassett Valley Academy?

88% of the 30 reviewers on Facebook recommend Carrabassett Valley Academy. Here is a summary of their reviews:

Many families express satisfaction with the academy, highlighting how much their children enjoy attending. The positive sentiment indicates that the environment is nurturing and engaging for students. Parents appreciate the supportive community and the enriching experiences provided by the academy.

Overall, the feedback reflects a strong endorsement for Carrabassett Valley Academy, with users feeling confident in the quality of education and care their children receive.


This AI summary has been generated from reviews found on Facebook.

Is Carrabassett Valley Academy legitimate?

Carrabassett Valley Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carrabassett Valley Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $265,355
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,391,469

For more financial information, click here


Official website here: www.gocva.com

What is the mission statement of Carrabassett Valley Academy?

Carrabassett Valley Academy's mission is centered around nurturing the holistic development of student-athletes. This is accomplished by offering a balanced approach to college preparatory education, responsible living, and advanced athletic training in competitive skiing and snowboarding. The Academy's intent is to provide an optimal environment for around 90 students, fostering their individual growth and development. The Academy's mission emphasizes the importance of academic excellence, community responsibility, and top-tier athletic training, ultimately preparing its students for future academic pursuits.


Official website here: www.gocva.com

Who is the CEO of Carrabassett Valley Academy?

Kate Punderson is the Head Of School of Carrabassett Valley Academy.


Official website here: www.gocva.com

What is the revenue of Carrabassett Valley Academy?

Carrabassett Valley Academy's revenue in 2022 was $6,621,531.


Official website here: www.gocva.com

Who are the executives of Carrabassett Valley Academy and what are their salaries?

The average compensation at Carrabassett Valley Academy during 2022 was $16,815. There are 158 employees and 24 volunteers at Carrabassett Valley Academy.


Here are 25 key members and their salaries:


Kate Punderson (Head Of School)
  • Compensation: $147,884
  • Related: $0
  • Other: $441
Steve Sitz (Past Director Of Finance)
  • Compensation: $62,555
  • Related: $0
  • Other: $5,963
Alex Godomsky (Director Of Finance)
  • Compensation: $45,192
  • Related: $0
  • Other: $3,320
Lindy Gruen (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Dundon (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Flight (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Bisson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lloyd Cuttler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Dickinson-Leete (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Drechsel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Fremont-Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Fritzson (Trustee / Past Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenna Herridge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Karn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher P Lorenz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Miles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Newton Gray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Potter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Robinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Silver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Strand (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sudheer Tyagi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Burns (Past Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilly Hitchcock (Past Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gocva.com

Where can I find the form 990 for Carrabassett Valley Academy?

Carrabassett Valley Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gocva.com

Learn more at the official website: www.gocva.com

Mission Statement of Carrabassett Valley Academy

Carrabassett Valley Academy, a college preparatory institution, is committed to nurturing the holistic development of its student-athletes. The academy's mission is to create an environment that optimally balances rigorous academic studies, responsible living, and elite athletic training, focusing on competitive skiing and snowboarding. The intent is to empower each student by providing them with the necessary tools to excel academically while honing their athletic skills. With approximately 90 students enrolled, Carrabassett Valley Academy offers secondary education, fostering an atmosphere that encourages focus, dedication, and personal growth.

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Impact




July, 2024

Carrabassett Valley Academy has a significant impact by providing a unique blend of college preparatory education and athletic training for student-athletes. It fosters focused development by offering outstanding academics, responsible community living, and world-class training in competitive skiing and snowboarding. This specialized approach helps students excel both academically and athletically, preparing them for future success in their chosen fields.




This information is meant to be a general summary of Carrabassett Valley Academy. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,621,531 (2022)
Expenses
$5,396,174 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34,953
  • Program Service Revenue: $5,163,795
  • Gross Receipts: $6,641,996

Assets and Liabilities:

  • Total Assets: $12,355,578
  • Total Liabilities: $1,541,785
  • Net Assets: $10,813,793

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tuition

Revenue

$3,710,258

Auxiliary Activities

Revenue

$870,546

Instructional Travel

Revenue

$569,760

Miscellaneous Income

Revenue

$13,231

Organization Details

Founding Year

1983

Principal Officer

Kate Punderson

Main Address

3197 Carrabassett Dr, Carrabassett Valley, ME, 04947

NTEE Category

Code: B25Z - Education

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