Totals
- Total revenue
- $3,386,914
- Total expenses
- $3,097,835
- Contributions and grants received
- $316,212
- Grants paid
- $86,333
- Program service revenue
- $3,037,018
- Investment income
- $33,684
- Other revenue
- $0
- Total assets, end of year
- $5,149,132
- Total liabilities, end of year
- $599,669
- Net assets or fund balances, end of year
- $4,549,463
- Program services expenses (Part IX)
- $2,521,994
- Management and general expenses
- $513,625
- Fundraising expenses
- $62,216
- Program service expenses (Part III)
- $2,521,994
Program services were 81.4% 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.
-
1e · Government grants (contributions)
$316,212
-
2a · Program service revenue: TUITION & FEES
total $2,962,099 · related or exempt $2,962,099
-
2b · Program service revenue: PROGRAM REVENUES
total $74,919 · related or exempt $74,919
-
3 · Investment income
total $35,073 · excluded $35,073
-
7a · Gross sales of assets other than inventory
securities $13,499
-
7b · Less cost or other basis and sales expenses
securities $14,888
-
7c · Gain or loss
securities -$1,389
-
7d · Net gain or loss
total -$1,389 · excluded -$1,389
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $86,333 · program services $86,333
-
5 · Compensation of officers, directors and key employees
total $122,842 · management and general $104,416 · fundraising $18,426
-
7 · Other salaries and wages
total $1,673,284 · program services $1,476,439 · management and general $188,963 · fundraising $7,882
-
8 · Pension plan contributions
total $32,226 · program services $28,944 · management and general $3,214 · fundraising $68
-
9 · Other employee benefits
total $258,554 · program services $225,233 · management and general $31,625 · fundraising $1,696
-
10 · Payroll taxes
total $135,068 · program services $112,008 · management and general $21,243 · fundraising $1,817
-
11b · Fees: legal
total $12,204 · program services $8,543 · management and general $3,661
-
11c · Fees: accounting
total $33,432 · management and general $33,432
-
11f · Fees: investment management
total $4,499 · management and general $4,499
-
11g · Fees: other
total $36,751 · management and general $36,751
-
12 · Advertising and promotion
total $944 · management and general $944
-
16 · Occupancy
total $118,128 · program services $109,332 · management and general $5,533 · fundraising $3,263
-
19 · Conferences, conventions and meetings
total $24,185 · management and general $24,185
-
20 · Interest
total $19,124 · program services $17,700 · management and general $896 · fundraising $528
-
22 · Depreciation, depletion and amortization
total $101,037 · program services $93,513 · management and general $4,733 · fundraising $2,791
-
23 · Insurance
total $45,395 · program services $42,015 · management and general $2,126 · fundraising $1,254
-
24a · Other expenses: BOOKS AND PROGRAM
total $113,582 · program services $113,582
-
24b · Other expenses: TRANSPORTATION
total $62,745 · program services $62,745
-
24c · Other expenses: SPORTS
total $40,548 · program services $40,548
-
24d · Other expenses: SUPPLIES
total $39,942 · program services $33,123 · management and general $6,282 · fundraising $537
-
24e · All other expenses
total $137,012 · program services $71,936 · management and general $41,122 · fundraising $23,954
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,379,019 · end of year $743,330
-
2 · Savings and temporary cash investments
end of year $867,006
-
3 · Pledges and grants receivable
beginning of year $67,630 · end of year $40,330
-
4 · Accounts receivable
beginning of year $44,298 · end of year $63,093
-
10a · Land, buildings and equipment: cost or other basis
$4,193,565
-
10b · Land, buildings and equipment: accumulated depreciation
$2,045,650
-
10c · Land, buildings and equipment, net
beginning of year $2,134,417 · end of year $2,147,915
-
11 · Investments: publicly traded securities
beginning of year $1,134,313 · end of year $1,173,924
-
15 · Other assets
beginning of year $0 · end of year $113,534
-
17 · Accounts payable and accrued expenses
beginning of year $206,318 · end of year $239,560
-
19 · Deferred revenue
beginning of year $19,050 · end of year $550
-
23 · Secured mortgages and notes payable
beginning of year $295,628 · end of year $246,025
-
25 · Other liabilities
beginning of year $0 · end of year $113,534
-
27 · Net assets without donor restrictions
beginning of year $2,655,664 · end of year $2,962,905
-
28 · Net assets with donor restrictions
beginning of year $1,583,017 · end of year $1,586,558
Mission and programs · 2022
Mission
THE SHARON ACADEMY IS AN INDEPENDENT MIDDLE AND HIGH SCHOOL WHERE STUDENTS ARE KNOWN, VALUED, AND CHALLENGED. THE MISSION OF THE SHARON ACADEMY IS TO NURTURE INTELLIGENT, INDEPENDENT, AND CREATIVE THINKING IN A SMALL SCHOOL COMMUNITY, AWAKENING STUDENTS TO THEIR IMMENSE POTENTIAL AND THE DIFFERENCE THEY CAN MAKE IN THE WORLD.
Activities or mission (Part I)
EDUCATION GRADES 7-12
-
THE SHARON ACADEMY (TSA) CAN BEST BE DESCRIBED AS A TOWN ACADEMY IN RURAL SHARON, VT, THAT OFFERS THE MANY ADVANTAGES OF A SMALL SCHOOL ENVIRONMENT. FOUNDED IN 1996, TSA IS AN INDEPENDENT MIDDLE SCHOOL AND HIGH SCHOOL WITH A TOTAL DAY STUDENT POPULATION OF APPROXIMATELY 160. STUDENTS COME FROM 20 SURROUNDING TOWNS AND 85% OF OUR STUDENT BODY IS PUBLICLY FUNDED. WE EMPHASIZE ACADEMIC RIGOR, PERSONAL RESPONSIBILITY, INDEPENDENT LEARNING, ACCESS TO AUTHENTIC LEADERSHIP OPPORTUNITIES, TEAMWORK, AND COMMUNICATION SKILLS ACROSS THE CURRICULUM. OUR HYBRID OF PUBLIC AND PRIVATE EDUCATION SETS HIGH ACADEMIC STANDARDS. THE GOAL AT TSA IS TO HELP STUDENTS DEEPEN THEIR INTELLECTUAL, ETHICAL, EMOTIONAL, ARTISTIC, AND PHYSICAL SELVES. HERE WE VALUE ALL STUDENTS AS THEY DEFINE THEMSELVES AND WILL CHALLENGE EACH STUDENT TO MEET THEIR POTENTIAL THROUGH THE DISCOVERY OF NEW IDEAS, SKILLS, AND POINTS OF VIEW. STUDENTS ARE EXPLICITLY TAUGHT TO FIND THEIR VOICE AND TO ADVOCATE FOR THEMSELVES. THE MISSION OF THE SHARON ACADEMY IS TO NURTURE INTELLIGENT, INDEPENDENT, AND CREATIVE THINKING IN A SMALL SCHOOL COMMUNITY, AWAKENING STUDENTS TO THEIR IMMENSE POTENTIAL AND THE DIFFERENCE THEY CAN MAKE IN THE WORLD. FOR MORE INFORMATION VISIT: SHARONACADEMY.ORG
Expenses $2,521,994 · Grants $86,333 · Revenue $3,037,018
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
TANYA SWETT
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
W JAROD WUNNEBURGER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
PHILIP LAPP
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
DEE GISH
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
TULIO BROWNING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KYLIE EASTMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
STEPHEN FARRINGTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JENNIFER GRANT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JULIE GROPPE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DAN HUDNUT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
WENDY PALTHEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ERIK SKARSTEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
CORA SWANBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MARY NEWMAN
HEAD OF SCHOOL
- Total calculated
- $123,163
- From this org
- $104,583
- From related orgs
- $0
- Other
- $18,580
- Hours/week
- 60
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 26 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420299349302067
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.