Totals
- Total revenue
- $33,442,163
- Total expenses
- $25,104,701
- Contributions and grants received
- $5,081,879
- Grants paid
- $1,176,493
- Program service revenue
- $20,783,896
- Investment income
- $7,360,053
- Other revenue
- $216,335
- Total assets, end of year
- $77,709,311
- Total liabilities, end of year
- $7,587,816
- Net assets or fund balances, end of year
- $70,121,495
- Program services expenses (Part IX)
- $22,087,289
- Management and general expenses
- $2,104,257
- Fundraising expenses
- $913,155
- Program service expenses (Part III)
- $22,087,289
Program services were 88.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$50,635
-
1e · Government grants (contributions)
$25,490
-
1f · All other contributions, gifts and grants
$5,005,754
-
1g · Noncash contributions included above
$1,794,483
-
2a · Program service revenue: TUITION AND FEES
total $20,219,026 · related or exempt $20,219,026
-
2b · Program service revenue: FOOD SERVICE
total $564,870 · related or exempt $564,870
-
3 · Investment income
total $856,224 · excluded $856,224
-
7a · Gross sales of assets other than inventory
securities $24,563,166
-
7b · Less cost or other basis and sales expenses
securities $18,059,337
-
7c · Gain or loss
securities $6,503,829
-
7d · Net gain or loss
total $6,503,829 · excluded $6,503,829
-
8a · Fundraising events: gross income
$145,354
-
8a · Fundraising events: contributions included on line 1c
$50,635
-
8b · Fundraising events: direct expenses
$87,195
-
8c · Net income from fundraising events
total $58,159 · excluded $58,159
-
9a · Gaming: gross income
$25,600
-
9b · Gaming: direct expenses
$17,150
-
9c · Net income from gaming
total $8,450 · excluded $8,450
-
11a · Other revenue: MISCELLANEOUS
total $149,726 · related or exempt $132,750 · excluded $16,976
-
11e · Other revenue, total
$149,726
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $383,677 · program services $383,677
-
3 · Grants to foreign organizations and individuals
total $792,816 · program services $792,816
-
5 · Compensation of officers, directors and key employees
total $575,360 · program services $223,930 · management and general $214,429 · fundraising $137,001
-
7 · Other salaries and wages
total $11,690,795 · program services $10,730,036 · management and general $603,215 · fundraising $357,544
-
8 · Pension plan contributions
total $538,686 · program services $475,111 · management and general $40,744 · fundraising $22,831
-
9 · Other employee benefits
total $3,333,673 · program services $2,940,232 · management and general $252,148 · fundraising $141,293
-
10 · Payroll taxes
total $921,808 · program services $813,017 · management and general $69,722 · fundraising $39,069
-
11b · Fees: legal
total $9,422 · management and general $9,422
-
11c · Fees: accounting
total $48,340 · management and general $48,340
-
11d · Fees: lobbying
total $50,872 · management and general $50,872
-
11f · Fees: investment management
total $124,964 · management and general $124,964
-
11g · Fees: other
total $1,534,114 · program services $1,037,912 · management and general $445,870 · fundraising $50,332
-
12 · Advertising and promotion
total $20,013 · program services $20,013
-
13 · Office expenses
total $121,768 · program services $67,051 · management and general $3,215 · fundraising $51,502
-
14 · Information technology
total $24,986 · management and general $24,986
-
16 · Occupancy
total $628,072 · program services $612,137 · management and general $10,147 · fundraising $5,788
-
17 · Travel
total $669,935 · program services $624,757 · management and general $44,687 · fundraising $491
-
19 · Conferences, conventions and meetings
total $156,963 · program services $101,424 · management and general $52,006 · fundraising $3,533
-
20 · Interest
total $20,306 · program services $19,709 · management and general $380 · fundraising $217
-
22 · Depreciation, depletion and amortization
total $2,010,730 · program services $1,951,591 · management and general $37,657 · fundraising $21,482
-
23 · Insurance
total $346,671 · program services $336,475 · management and general $6,492 · fundraising $3,704
-
24a · Other expenses: SUPPLIES
total $854,221 · program services $776,234 · management and general $48,023 · fundraising $29,964
-
24b · Other expenses: EQUIPMENT AND LEASES
total $157,571 · program services $140,633 · management and general $16,938
-
24c · Other expenses: ROOM AND BOARD
total $40,534 · program services $40,534
-
24e · All other expenses
total $48,404 · fundraising $48,404
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,227 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $446,142 · end of year $740,709
-
3 · Pledges and grants receivable
beginning of year $93,349 · end of year $1,538,268
-
4 · Accounts receivable
beginning of year $1,685,765 · end of year $1,237,124
-
9 · Prepaid expenses and deferred charges
beginning of year $44,590 · end of year $50,194
-
10a · Land, buildings and equipment: cost or other basis
$61,731,988
-
10b · Land, buildings and equipment: accumulated depreciation
$26,297,747
-
10c · Land, buildings and equipment, net
beginning of year $34,620,954 · end of year $35,434,241
-
11 · Investments: publicly traded securities
beginning of year $33,534,997 · end of year $36,473,658
-
14 · Intangible assets
beginning of year $14,415 · end of year $11,794
-
15 · Other assets
beginning of year $2,187,793 · end of year $2,223,323
-
17 · Accounts payable and accrued expenses
beginning of year $2,921,455 · end of year $3,799,466
-
19 · Deferred revenue
beginning of year $1,741,174 · end of year $1,753,752
-
20 · Tax-exempt bond liabilities
beginning of year $282,759 · end of year $235,632
-
23 · Secured mortgages and notes payable
beginning of year $237,997 · end of year $243,487
-
25 · Other liabilities
beginning of year $1,515,941 · end of year $1,555,479
-
27 · Net assets without donor restrictions
beginning of year $40,316,901 · end of year $39,488,473
-
28 · Net assets with donor restrictions
beginning of year $25,613,005 · end of year $30,633,022
Mission and programs · 2024
Mission
TO EDUCATE STUDENTS INTELLECTUALLY AND MORALLY FOR A LIFE OF RESPONSIBILITY, INTEGRITY AND SERVICE.
Activities or mission (Part I)
ACCREDITED INDEPENDENT HIGH SCHOOL - PROVIDING EDUCATION FOR GRADES 9-12
-
BURR AND BURTON ACADEMY (BBA) IS AN INDEPENDENT SCHOOL THAT SERVES THE GENERAL PUBLIC. FOUNDED IN 1829, BBA SERVES 13 TOWNS IN SOUTHERN VERMONT AND IS COMMITTED TO PROVIDING AN OUTSTANDING EDUCATIONAL OPPORTUNITY TO EVERY STUDENT. BBA SERVES APPROXIMATELY 755 DOMESTIC AND 44 INTERNATIONAL STUDENTS FROM VARIOUS COUNTRIES. FAMILIES IN SENDING TOWNS PAY NO TUITION; TUITION IS PAID BY EACH SENDING TOWN. THE STUDENT BODY IS DIVERSE SOCIOECONOMICALLY. BBA HAS A VIRTUALLY 100% GRADUATION RATE & 85% HIGHER EDUCATION MATRICULATION RATE. BBA BRINGS THE BEST OF INDEPENDENT SCHOOL PHILOSOPHY AND EXPECTATIONS COUPLED WITH THE DEMOCRATIC IDEAL OF EDUCATION FOR ALL.
Expenses $21,438,161 · Grants $1,176,493 · Revenue $20,351,776
-
FOOD SERVICE
Expenses $649,128 · Revenue $564,870
As filed on the 2024 return.
Listed in Part VII
-
Charley StevensonCHARLEY STEVENSON
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
Ed CampbellED CAMPBELL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Scott SwenorSCOTT SWENOR
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Sanfra WeissSANFRA WEISS
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Peggy BrockettPEGGY BROCKETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Michael CoopermanMICHAEL COOPERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Kellie Baker-WaiteKELLIE BAKER-WAITE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Heidi LynnHEIDI LYNN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Bill PhilipBILL PHILIP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Carol O'ConnorCAROL O'CONNOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Brian BarefootBRIAN BAREFOOT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Bill CairnsBILL CAIRNS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Daphne MarkcrowDAPHNE MARKCROW
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Andrew BoyerANDREW BOYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Pauline De LaszloPAULINE DE LASZLO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Tom KellyTOM KELLY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Mike PowersMIKE POWERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Rob RedmondROB REDMOND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Michael CohenMICHAEL COHEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Mark TashjianMARK TASHJIAN
HEADMASTER
- Total calculated
- $307,284
- From this org
- $269,398
- From related orgs
- $0
- Other
- $37,886
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $269,398
- Bonus
- $0
- Other
- $0
- Deferred
- $36,500
- Nontaxable benefits
- $1,386
- Filer's total
- $307,284
-
Margaret KennyMARGARET KENNY
ASSOCIATE HEAD OF SCHOOL
- Total calculated
- $178,624
- From this org
- $169,485
- From related orgs
- $0
- Other
- $9,139
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $169,485
- Bonus
- $0
- Other
- $0
- Deferred
- $8,607
- Nontaxable benefits
- $532
- Filer's total
- $178,624
-
Jeff SpencerJEFF SPENCER
DIRECTOR OF FINANCE
- Total calculated
- $132,563
- From this org
- $126,250
- From related orgs
- $0
- Other
- $6,313
- Hours/week
- 50
-
Amy WrightAMY WRIGHT
DIRECTOR OF TECHNOLOGY
- Total calculated
- $132,344
- From this org
- $125,927
- From related orgs
- $0
- Other
- $6,417
- Hours/week
- 50
-
Eric SubikERIC SUBIK
DIRECTOR OF FACILITIES
- Total calculated
- $130,085
- From this org
- $125,447
- From related orgs
- $0
- Other
- $4,638
- Hours/week
- 50
-
Kate LeachKATE LEACH
DIRECTOR OF ADVANCEMENT
- Total calculated
- $127,148
- From this org
- $120,891
- From related orgs
- $0
- Other
- $6,257
- Hours/week
- 50
-
Michael CaracoMICHAEL CARACO
DEAN OF FACULTY
- Total calculated
- $126,319
- From this org
- $120,144
- From related orgs
- $0
- Other
- $6,175
- Hours/week
- 50
-
Justin HerringtonJUSTIN HERRINGTON
DIRECTOR OF ADMISSION
- Total calculated
- $125,464
- From this org
- $119,294
- From related orgs
- $0
- Other
- $6,170
- Hours/week
- 50
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- AS A CONDITION OF EMPLOYMENT, BBA REQUIRES THE HEADMASTER TO LIVE ON CAMPUS. THEREFORE, BBA OWNS A PROPERTY WHICH IS USED BY THE HEADMASTER AS A RESIDENCE FOR PERSONAL USE.
- PART I, LINE 4B
- IN 2008, BBA ESTABLISHED A 457(F) PLAN (A NON-QUALIFIED DEFERRED COMPENSATION PLAN), SUBSEQUENTLY AMENDED, FOR THE BENEFIT OF HEADMASTER MARK TASHJIAN. UNDER THE PLAN'S ORIGINAL TERMS, BBA CONTRIBUTED $25,000 ANNUALLY, CONDITIONED ON MR. TASHJIAN REMAINING HEADMASTER FOR 8 YEARS. NO CONTRIBUTIONS OR DISTRIBUTIONS HAVE OCCURRED SINCE 2016. THE PLAN'S BALANCE AS OF JUNE 30, 2025, WAS $631,003, AND THE FUND IS REQUIRED TO BE DISTRIBUTED IN FY2026.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 2 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202600499349301700
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