Overview
What is Vermont Academy?
Vermont Academy is a private establishment located in Saxtons River, Vermont, offering both boarding and day school education. The institution is renowned for its comprehensive curriculum and extensive athletic program. Notable aspects include the Center for Learning, the Arts, and the Science and Engineering curriculum. The academy is committed to nurturing confident and independent learners in a unique Vermont environment. They firmly believe in the potential of their students and strive to develop responsible, self-disciplined adults. The faculty and staff are dedicated to helping students discover their individual talents and foster character, strength, and skills to face life's challenges. With a total of 112 employees, Vermont Academy provides a supportive community and close personal attention to its students, fostering the growth of well-rounded, respectful citizens.
Official website here: www.vermontacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Vermont Academy has received a mixed evaluation on its accountability and financial practices, reflected in a score of 73%. The organization demonstrates strengths in governance, with a fully independent board and a high program expense ratio of 84.80%, indicating a significant commitment to its mission-related activities. Additionally, it shows no material diversion of assets, and its financial liabilities are relatively low compared to its assets.
However, the organization has notable weaknesses, particularly in its compliance with transparency and accountability policies. It lacks essential policies such as a whistleblower policy and document retention and destruction policy, which could raise concerns about governance practices. Furthermore, Vermont Academy has not made its tax form available on its website, which could limit transparency for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Vermont Academy legitimate?
Vermont Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont 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: $271,954
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,715,035
For more financial information, click here
Official website here: www.vermontacademy.org
What is the mission statement of Vermont Academy?
Vermont Academy's mission is focused on fostering self-reliant learners. By providing personal attention in a unique Vermont setting, the institution aims to empower its students, believing in their abilities to grow into responsible and disciplined adults. The faculty and staff are committed to helping students identify and develop their talents, while also cultivating character, strength, and essential skills to face life's challenges. Vermont Academy strives to establish a supportive community, offering close personal attention to its students, thereby nurturing confident, active learners and respectful citizens.
Official website here: www.vermontacademy.org
Who is the CEO of Vermont Academy?
Matt Emsley is the Trustee of Vermont Academy.
Official website here: www.vermontacademy.org
What is the revenue of Vermont Academy?
Vermont Academy's revenue in 2022 was $10,107,402.
Official website here: www.vermontacademy.org
Who are the executives of Vermont Academy and what are their salaries?
The average compensation at Vermont Academy during 2022 was $35,598. There are 112 employees and 19 volunteers at Vermont Academy.
Here are 21 key members and their salaries:
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- Compensation: $240,000
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- Compensation: $70,030
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- Other: $24,981
Official website here: www.vermontacademy.org
Where can I find the form 990 for Vermont Academy?
Vermont Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vermontacademy.org
Learn more at the official website: www.vermontacademy.org
Mission Statement of Vermont Academy
Vermont Academy, a distinguished educational institution, is dedicated to fostering self-assured and autonomous learners. It achieves this goal by offering personalized attention in a unique Vermont setting. The faculty and staff at Vermont Academy believe in the potential of their students, encouraging them to discover their individual talents and develop the character, resilience, and abilities necessary to confront the challenges in their lives.
Embracing a supportive community concept, Vermont Academy's mission is to cultivate confident, proactive learners and respectful citizens. The academy provides a nurturing environment where students can thrive, both academically and personally. Its mission is reflected in its commitment to offering a comprehensive curriculum, including the arts, science, and engineering, and an extensive athletic program. The students at Vermont Academy are not just being taught academic knowledge; they are being equipped with the skills and mindset to face life's challenges with confidence and resilience.
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Impact
July, 2024
Vermont Academy's impact is evident in its dedication to creating confident and independent learners through personal attention in a unique Vermont environment. By believing in its students' capacity to learn and develop into responsible, self-disciplined adults, the academy's faculty and staff are committed to helping students discover their individual talents and develop the character, strength, and skills needed to navigate life's challenges. Vermont Academy, located in Saxtons River, VT, is a private boarding and day school offering a broad curriculum and extensive athletic program. Its focus on providing a supportive community and close personal attention helps develop confident, active learners and respectful citizens. The academy's programs in the Center for Learning, the arts, and science and engineering further showcase its commitment to fostering well-rounded individuals.
This information is meant to be a general summary of Vermont 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $61,303
- Program Service Revenue: $8,410,902
- Gross Receipts: $10,199,354
Assets and Liabilities:
- Total Assets: $24,019,233
- Total Liabilities: $5,070,623
- Net Assets: $18,948,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$8,067,071
PROGRAM SUPPORTING REV
Revenue
$294,635
SUMMER PROGRAM REV.
Revenue
$49,196
Organization Details
Founding Year
1876
Phone
(802) 869-6200Principal Officer
Matt Emsley
Main Address
PO BOX 500, SAXTONS RIVER, VT, 05154
Website
www.vermontacademy.orgNTEE Category
Code: B25Z - Education
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