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VERMONT ACADEMY

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Public IRS 990 nonprofit record

VERMONT ACADEMY

EIN 03-0179600 · Education (B25Z)

What they do

WE ARE DEVOTED to CREATING CONFIDENT and INDEPENDENT LEARNERS THROUGH PERSONAL ATTENTION IN A UNIQUE VERMONT ENVIRONMENT. WE BELIEVE IN OUR STUDENTS and IN THEIR CAPACITY to LEARN and DEVELOP INTO RESPONSIBLE, SELF-DISCIPLINED ADULTS. OUR FACULTY and STAFF ARE COMMITTED to HELPING STUDENTS DISCOVER THEIR INDIVIDUAL TALENTS and DEVELOP THE CHARACTER, STRENGTH, and SKILLS to MEET THE CHALLENGES IN THEIR LIVES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $86.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.33%of revenue went to mission work86.3% of expenses · Program services
3.48%of revenue went to fundraising3.2% of expenses
$110.41spent for every $100 of revenueSpending was higher than revenue this year.
11.60%of revenue went to management and office costs10.5% of expenses
$0.93in assets for every $1 spent this yearSome assets cannot be spent right away.
19.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $2,016,800 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $266,601 for JENNIFER ZACCARA (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$19,374,809
Mission workProgram services$18,470,72395.33% of revenue86.3% of expenses
ManagementOffice and general costs$2,246,61311.60% of revenue10.5% of expenses
FundraisingAsking for donations$674,2733.48% of revenue3.2% of expenses
Total expenses$21,391,609110.41% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 86.3% mission · 10.5% management · 3.2% fundraisingTotal expenses: 110.41% of revenue
2023Expense mix: 87.1% mission · 9.0% management · 3.8% fundraisingTotal expenses: 100.43% of revenue
2022Expense mix: 83.5% mission · 12.2% management · 4.3% fundraisingTotal expenses: 106.57% of revenue
2021Expense mix: 86.2% mission · 12.5% management · 1.4% fundraisingTotal expenses: 149.20% of revenue
2020Expense mix: 84.8% mission · 11.5% management · 3.7% fundraisingTotal expenses: 89.41% of revenue
2019Expense mix: 77.8% mission · 16.7% management · 5.5% fundraisingTotal expenses: 111.57% of revenue
2018Expense mix: 78.1% mission · 16.1% management · 5.8% fundraisingTotal expenses: 103.11% of revenue
2017Expense mix: 80.3% mission · 16.6% management · 3.0% fundraisingTotal expenses: 89.50% of revenue

Money in and money out

Revenue$19,374,809
Expenses$21,391,609
Annual shortfall $2,016,800 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$18,470,723 · 86.3% of expenses
Management and office costs$2,246,613 · 10.5% of expenses
Fundraising$674,273 · 3.2% of expenses
See all reported dollar amounts
Revenue$19,374,809
Expenses$21,391,609
Assets$19,844,143
Income$19,374,809
Contributions$3,797,645
Mission work (program services)$18,470,723
Fundraising$674,273
Management and general$2,246,613
Stocks and bonds$7,645,660
Accounting fees$22,024
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JENNIFER ZACCARAHEAD OF SCHOOL · 40 hrs/week $266,601Base $240,421 · Other $26,180
VINCENT SCHUCKCFO/COO · 40 hrs/week $195,130Base $183,780 · Other $11,350
BENJAMIN GARDNERDIRECTOR OF VAMS · 40 hrs/week $143,163Base $137,363 · Other $5,800
BRIAN GILLORANASST. HEAD OF SCHOOL · 40 hrs/week $135,135Base $119,893 · Other $15,242
TONIA FLEMINGDIRECTOR OF ADVANCEMENT · 40 hrs/week $134,755Base $115,931 · Other $18,824

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

JENNIFER ZACCARAHEAD OF SCHOOL

VINCENT SCHUCKCFO/COO

BENJAMIN GARDNERDIRECTOR OF VAMS

BRIAN GILLORANASST. HEAD OF SCHOOL

TONIA FLEMINGDIRECTOR OF ADVANCEMENT

WILLIAM HOSLEYTRUSTEE

ADAM TSCHORNTRUSTEE

TODD ORMISTONTRUSTEE

SHAWNE ROBINSONTRUSTEE

SHAWN BYRONTRUSTEE

SEAN BERSELLTRUSTEE

SCOTT BUCKLEYTRUSTEE

PHILLIP PECKTRUSTEE

NICK VAUGHNTRUSTEE

MICHAEL CHOUKASTREASURER

MARY ELIZABETH ADELSONTRUSTEE

MARY LIBUTTITRUSTEE

LISA BIRMINGHAMTRUSTEE

LISA BIANCONITRUSTEE

LINDA SAARNIJOKISECRETARY

KATHERINE DOUBLETRUSTEE

JEREMY HERBERTCHAIR

JEFF JACOBSTRUSTEE

JEANNLISS SANCHEZTRUSTEE

JAYSON DUNBARVICE CHAIR

GEORGE ATKINSTRUSTEE

DIANE WILDERTRUSTEE

CHRIS CROFTTRUSTEE

BOB MCHUGHTRUSTEE

About this charity

Recognized since
January 1944
Location
PO BOX 500, SAXTONS RIVER, VT 05154-0500
County
Windham
In care of
MIKE PELLER
Primary officer
MIKE PELLER, HEAD OF SCHOOL

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
NATHAN WECHSLER & COMPANY PA
NTEE classification
Education (B25Z)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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