Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $555,041

• 1f · All other contributions, gifts and grants

  $124,071

• 1g · Noncash contributions included above

  $10,185

• 2a · Program service revenue: Residential Services

  total $5,458,870 · related or exempt $5,458,870

• 2b · Program service revenue: Other Income

  total $41,053 · related or exempt $41,053

• 3 · Investment income

  total $60,879 · excluded $60,879

• 7a · Gross sales of assets other than inventory

  securities $30,098 · other assets $3,115

• 7b · Less cost or other basis and sales expenses

  securities $0 · other assets $0

• 7c · Gain or loss

  securities $30,098 · other assets $3,115

• 7d · Net gain or loss

  total $33,213 · excluded $33,213

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $35,347 · program services $35,347

• 5 · Compensation of officers, directors and key employees

  total $80,004 · management and general $80,004

• 7 · Other salaries and wages

  total $2,708,963 · program services $2,393,448 · management and general $315,515

• 9 · Other employee benefits

  total $229,076 · program services $168,962 · management and general $60,114

• 10 · Payroll taxes

  total $225,719 · program services $195,462 · management and general $30,257

• 11a · Fees: management

  total $231,401 · management and general $231,401

• 11b · Fees: legal

  total $8,693 · program services $8,693

• 11g · Fees: other

  total $468,445 · program services $468,445

• 12 · Advertising and promotion

  total $209,940 · program services $209,940

• 13 · Office expenses

  total $293,274 · program services $273,735 · management and general $19,539

• 16 · Occupancy

  total $389,938 · program services $380,499 · management and general $9,439

• 17 · Travel

  total $116,330 · program services $108,961 · management and general $7,369

• 19 · Conferences, conventions and meetings

  total $44,538 · program services $44,250 · management and general $288

• 20 · Interest

  total $40,582 · program services $40,582

• 22 · Depreciation, depletion and amortization

  total $118,446 · program services $107,902 · management and general $10,544

• 23 · Insurance

  total $70,021 · program services $66,768 · management and general $3,253

• 24a · Other expenses: Miscellaneous

  total $17,813 · program services $17,813

• 24b · Other expenses: Student Activities

  total $11,375 · program services $11,375

• 24c · Other expenses: Farm

  total $3,496 · program services $3,496

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,580,378 · end of year $1,929,635

• 2 · Savings and temporary cash investments

  beginning of year $1,121,364 · end of year $4,253,449

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $555,041

• 4 · Accounts receivable

  beginning of year $0 · end of year $109,967

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $286,711

• 9 · Prepaid expenses and deferred charges

  beginning of year $28,034 · end of year $10,778

• 10a · Land, buildings and equipment: cost or other basis

  $3,400,018

• 10b · Land, buildings and equipment: accumulated depreciation

  $565,035

• 10c · Land, buildings and equipment, net

  beginning of year $757,927 · end of year $2,834,983

• 12 · Investments: other securities

  beginning of year $0 · end of year $86,550

• 14 · Intangible assets

  beginning of year $0 · end of year $3,376,379

• 15 · Other assets

  beginning of year $2,161 · end of year $455

• 17 · Accounts payable and accrued expenses

  beginning of year $289,216 · end of year $292,619

• 19 · Deferred revenue

  beginning of year $0 · end of year $340,395

• 23 · Secured mortgages and notes payable

  beginning of year $19,083 · end of year $25,904

• 25 · Other liabilities

  beginning of year $1,285,155 · end of year $7,918,894

• 27 · Net assets without donor restrictions

  beginning of year $3,896,410 · end of year $4,866,136

The filer's explanations (Part III)

Form 990, Schedule J, Part II:

Jay Wolter, President, William Laughlin, CEO - MVTC, David Chabot, Vice President, and Mark Tecca, Treasurer/Chief Reporting Officer are compensated by Becket Academy, a related organization, for their services to both Becket Academy and Moosilauke Visions, Inc.

Schedule J, Part I, Line 3:

Jay Wolter, President, is compensated by both Moosilauke Visions, Inc. and Becket Academy, a related organization. The methods used to determine his compensation from Becket Academy are as follows: 1. Form 990 of other organizations 2. Written employment contract 3. Compensation survey or study 4. Approval by the board or compensation committee

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• MVTC LLC

  Individual and Family Services · NH · income $5,498,163 · assets $4,781,690

  Directly controlled by Moosilauke Visions Inc

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• Summit Achievement of Stow Inc

  S · Youth Counseling Services · ME · 50.99% owned · share of income -$15,666 · share of assets $312,615 · controlled entity

  Directly controlled by Moosilauke Visions Inc

• Dade Family Counseling Community Mental Health Center Inc

  C · Mental Health Clinic · FL