Nonprofit · EIN 03-0235167
GREEN MOUNTAIN VALLEY SCHOOL INC
Tax-exempt · WAITSFIELD, VT 05673
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,718,200 | $10,536,900 | $1,181,300 | $25,182,968 | $5,546,836 | $19,636,132 |
| June 30, 2024 | 990 | $8,685,212 | $9,675,112 | -$989,900 | $22,657,492 | $5,033,014 | $17,624,478 |
| June 30, 2023 | 990 | $8,509,731 | $9,747,713 | -$1,237,982 | $22,829,307 | $4,217,075 | $18,612,232 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,683,831
- Program service revenue
- $8,376,382
- Investment income
- $714,188
- Net gain from sales of assets
- $576,422
- Net income from fundraising events
- -$56,201
- Other revenue
- -$56,201
Expenses
- Grants and similar amounts paid
- $2,091,767
- Compensation of officers, directors and key employees
- $235,968
- Other salaries and wages
- $4,191,942
- Salaries, compensation and benefits (total)
- $5,379,804
- Professional fundraising fees
- $0
- Legal fees
- $6,647
- Accounting fees
- $33,210
- Occupancy
- $185,952
- Travel
- $2,431
- Depreciation
- $655,788
- Program services (functional)
- $9,602,330
- Management and general (functional)
- $541,682
- Fundraising (functional)
- $392,888
Balance sheet and other
- Total assets, start of year
- $22,657,492
- Total assets, end of year
- $25,182,968
- Total liabilities, end of year
- $5,546,836
- Net assets, end of year
- $19,636,132
- Land, buildings and equipment
- $12,934,248
- Publicly traded securities
- $8,321,082
- Net assets without donor restrictions
- $12,994,215
- Net assets with donor restrictions
- $4,630,263
- Gross receipts
- $11,774,401
- Employees
- 93
- Volunteers
- 27
- Year formed
- 1973
- State of legal domicile
- VT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TRACY KELLER | HEAD OF SCHOOL Officer | 40 | $211,071 | $24,897 |
| MICHAEL DAY | ALPINE DIRECTOR/ASSIST HEAD OF SCHOOL Highest-paid employee | 40 | $154,167 | $15,000 |
| KERRY JACKSON | ACADEMIC DIRECTOR/ASSIST HEAD OF SCHOOL Highest-paid employee | 40 | $143,222 | $0 |
| STEVEN UTTER | ALPINE COACH Highest-paid employee | 40 | $135,187 | $150 |
| DANIEL KOCH | HIGH-PERFORMANCE DIRECTOR Highest-paid employee | 40 | $113,423 | $2,875 |
| COLIN RODGERS | NORDIC COACH Highest-paid employee | 40 | $113,461 | $75 |
| FRAZIER BLAIR | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIKE KRUPKA | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| AL ROSE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| EVE WATERFALL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PETER BAKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNA BAXTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BEN BINGER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SIMON BACHLEDA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRETT DEPPER-GOLDSTEIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEOFF DUCKWORTH | TRUSTEE Trustee or director | 1 | $0 |
| HANS HALVORSEN | TRUSTEE Trustee or director | 1 | $0 |
| JAY KEARNS | TRUSTEE Trustee or director | 1 | $0 |
| MATT KNITTLE | TRUSTEE Trustee or director | 1 | $0 |
| RYAN MOONEY | TRUSTEE Trustee or director | 1 | $0 |
| KELLY BRUSH | TRUSTEE Trustee or director | 1 | $0 |
| SHYAMA PATEL | TRUSTEE Trustee or director | 1 | $0 |
| JANE GOLDSTEIN | TRUSTEE Trustee or director | 1 | $0 |
| CLAIRE BIESEMEYER | TRUSTEE Trustee or director | 1 | $0 |
| DEVLIN SHEA | TRUSTEE Trustee or director | 1 | $0 |
| ANNMARIE TODD | TRUSTEE Trustee or director | 1 | $0 |
| CHARLIE BRUSH | TRUSTEE Trustee or director | 1 | $0 |
| ERICA MACCONNELL VESSEY | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TRACY KELLER | HEAD OF SCHOOL Officer | 40 | $207,514 | $23,699 |
| FRAZIER BLAIR | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIKE KRUPKA | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ED VILANDRIE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| EVE WATERFALL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PETER BAKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNA BAXTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAIRE ABBE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLIE BRUSH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRETT DEPPER-GOLDSTEIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GEOFF DUCKWORTH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HANS HALVORSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAY KEARNS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MATT KNITTLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RYAN MOONEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERICA MACCONNELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHYAMA PATEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES PRESTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK RADCLIFFE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AL ROSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEVLIN SHEA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNMARIE TODD | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TRACY KELLER | HEADMASTER Officer | 40 | $202,561 | $19,994 |
| BARBARA FRASCELLA | BUSINESS MGR Officer | 40 | $67,913 | $12,495 |
| CHARLIE BRUSH | Trustee Trustee or director | 1 | $0 | $0 |
| JAMIE ARMSTRONG | Trustee Trustee or director | 1 | $0 | $0 |
| GEOFF DUCKWORTH | Trustee Trustee or director | 1 | $0 | $0 |
| MARK RADCLIFFE | Trustee Trustee or director | 1 | $0 | $0 |
| JAY KEARNS | Trustee Trustee or director | 1 | $0 | $0 |
| MATT KNITTLE | Trustee Trustee or director | 1 | $0 | $0 |
| ED VILANDRIE | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| JOSH SLOCUM | Trustee Trustee or director | 1 | $0 | $0 |
| JAMES PRESTON | Chair Trustee or director, Officer | 1 | $0 | $0 |
| EVE WATERFALL | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| CLAIRE BROWN | Trustee Trustee or director | 1 | $0 | $0 |
| BRETT DEPPER-GOLDSTEIN | Trustee Trustee or director | 1 | $0 | $0 |
| TJ KINGSBURY | Trustee Trustee or director | 1 | $0 | $0 |
| HANS HALVORSEN | Trustee Trustee or director | 1 | $0 | $0 |
| AL ROSE | Trustee Trustee or director | 1 | $0 | $0 |
| DEVLIN SHEA | Trustee Trustee or director | 1 | $0 | $0 |
| ANNA BAXTER | Trustee Trustee or director | 1 | $0 | $0 |
| MIKE KRUPKA | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| ERICA MACCONNELL | Trustee Trustee or director | 1 | $0 | $0 |
| FRAZIER BLAIR | Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 271 MOULTON RD, WAITSFIELD, VT 05673-7070
- Principal officer (990 for 2024)
- TRACY KELLER, 271 MOULTON ROAD, WAITSFIELD, VT 05673
- Signed the 990
- TRACY KELLER, HEAD OF SCHOOL
- Phone
- (802) 496-2150
- Website
- WWW.GMVS.ORG
- Return prepared by
- BONADIO & CO LLP
Mission
THROUGH THE UNIQUE SPORT OF SKI RACING AND THROUGH EDUCATION IN THE LIBERAL ARTS TRADITION, IT IS OUR MISSION TO DEVELOP THE WHOLE PERSON WITH A LIFE-LONG LOVE OF LEARNING, SPORT, AND ADVENTURE. OUR GOAL IS TO CREATE AN ENVIRONMENT IN WHICH OUR STUDENTS CAN BECOME WELL-ROUNDED SCHOLARS, ATHLETES, AND CITIZENS WHO VALUE: DISCIPLINE, RESPONSIBILITY, RESPECT, INDEPENDENT INITIATIVE, AS WELL AS TOTAL COMMITMENT AND EFFORT.
Program accomplishments
- PRIVATE EDUCATIONAL INSTITUTION FOR COLLEGE PREPARATION WITH AN EMPHASIS ON PRODUCING NATIONAL CLASS SKI RACERS.Expenses $9,602,330 · grants $2,091,767 · revenue $8,376,382
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 03-0235167
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1975
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25Z)
- Assets (IRS master file)
- $25,182,968
- Income (IRS master file)
- $11,774,401
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,718,200 | $10,536,900 | $25,182,968 | IRS |
| 990 | June 2024 | $8,685,212 | $9,675,112 | $22,657,492 | IRS |
| 990 | June 2023 | $8,509,731 | $9,747,713 | $22,829,307 | XML |
| 990 | June 2022 | $8,562,291 | $9,206,280 | $24,207,507 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0235167).
Questions about GREEN MOUNTAIN VALLEY SCHOOL INC
- What is the EIN of GREEN MOUNTAIN VALLEY SCHOOL INC?
- The employer identification number (EIN) of GREEN MOUNTAIN VALLEY SCHOOL INC is 03-0235167.
- Is GREEN MOUNTAIN VALLEY SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to GREEN MOUNTAIN VALLEY SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREEN MOUNTAIN VALLEY SCHOOL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREEN MOUNTAIN VALLEY SCHOOL INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREEN MOUNTAIN VALLEY SCHOOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GREEN MOUNTAIN VALLEY SCHOOL INC?
- The 990 for the year ended June 30, 2025 names TRACY KELLER.
- Who are the officers and directors of GREEN MOUNTAIN VALLEY SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 28 people; 6 received compensation from the organization, the highest $211,071 (TRACY KELLER, HEAD OF SCHOOL).
- How much revenue does GREEN MOUNTAIN VALLEY SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,718,200, expenses of $10,536,900 and total assets of $25,182,968 at year end.
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