Nonprofit · EIN 03-0350587
SHARON ACADEMY
Tax-exempt · SHARON, VT 05065
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,383,783 | $3,505,434 | $878,349 | $7,607,179 | $2,275,790 | $5,331,389 |
| June 30, 2024 | 990 | $3,113,184 | $3,389,040 | -$275,856 | $4,902,855 | $559,056 | $4,343,799 |
| June 30, 2023 | 990 | $3,386,914 | $3,097,835 | $289,079 | $5,149,132 | $599,669 | $4,549,463 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,253,794
- of which government grants
- $1,063,227
- Program service revenue
- $3,051,154
- Investment income
- $78,835
- Net gain from sales of assets
- $33,310
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $36,579
- Compensation of officers, directors and key employees
- $156,292
- Other salaries and wages
- $1,769,472
- Salaries, compensation and benefits (total)
- $2,359,549
- Professional fundraising fees
- $0
- Legal fees
- $550
- Accounting fees
- $133,905
- Occupancy
- $150,525
- Travel
- $52,129
- Depreciation
- $115,814
- Program services (functional)
- $2,640,079
- Management and general (functional)
- $767,629
- Fundraising (functional)
- $97,726
Balance sheet and other
- Total assets, start of year
- $4,902,855
- Total assets, end of year
- $7,607,179
- Total liabilities, end of year
- $2,275,790
- Net assets, end of year
- $5,331,389
- Land, buildings and equipment
- $5,134,639
- Publicly traded securities
- $1,348,670
- Net assets without donor restrictions
- $4,713,277
- Net assets with donor restrictions
- $618,112
- Gross receipts
- $4,584,093
- Employees
- 63
- Volunteers
- 50
- Year formed
- 1996
- 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 |
|---|---|---|---|---|
| MARY NEWMAN | HEAD OF SCHO Officer | 60 | $105,541 | $33,187 |
| TANYA SWETT | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| DEE GISH | VICE PRESIDE Trustee or director, Officer | 5 | $0 | $0 |
| PHILIP LAPP | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KYLIE EASTMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| STEPHEN FARRINGTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TULIO BROWNING | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TRISHA WATSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAZMIN GUYETTE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ASHLEY PATTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JULIE GROPPE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATYE REED | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CORA SWANBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIK SKARSTEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEN WRIGHT | TRUSTEE (NON Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY NEWMAN | HEAD OF SCHOOL Officer | 60 | $102,702 | $22,556 |
| TANYA SWETT | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| PHILIP LAPP | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DEE GISH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TULIO BROWNING | VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| KYLIE EASTMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEPHEN FARRINGTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JULIE GROPPE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIK SKARSTEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CORA SWANBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GRAY MIRANDA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATYE REED | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY NEWMAN | HEAD OF SCHOOL Officer | 60 | $104,583 | $18,580 |
| TANYA SWETT | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| W JAROD WUNNEBURGER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PHILIP LAPP | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DEE GISH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TULIO BROWNING | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KYLIE EASTMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEPHEN FARRINGTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JENNIFER GRANT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JULIE GROPPE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAN HUDNUT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WENDY PALTHEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIK SKARSTEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CORA SWANBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 207, SHARON, VT 05065-0207
- Principal officer (990 for 2024)
- MARY NEWMAN, PO BOX 207, SHARON, VT 05065
- Signed the 990
- MARY NEWMAN, HEAD OF SCHOOL
- Phone
- (802) 763-2500
- Website
- WWW.SHARONACADEMY.ORG
- Return prepared by
- JMM & ASSOCIATES PC
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 DIFFERENCE THEY CAN MAKE IN THE WORLD.
Program accomplishments
- 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.ORGExpenses $2,640,079 · grants $36,579 · revenue $3,051,154
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
- 03-0350587
- 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
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $7,607,179
- Income (IRS master file)
- $4,584,093
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,383,783 | $3,505,434 | $7,607,179 | IRS |
| 990 | June 2024 | $3,113,184 | $3,389,040 | $4,902,855 | XML |
| 990 | June 2023 | $3,386,914 | $3,097,835 | $5,149,132 | XML |
| 990 | June 2022 | $3,221,353 | $2,958,455 | $4,759,677 | 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 03-0350587).
Questions about SHARON ACADEMY
- What is the EIN of SHARON ACADEMY?
- The employer identification number (EIN) of SHARON ACADEMY is 03-0350587.
- Is SHARON ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to SHARON ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHARON ACADEMY 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 SHARON ACADEMY 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 SHARON ACADEMY 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 SHARON ACADEMY?
- The 990 for the year ended June 30, 2025 names MARY NEWMAN.
- Who are the officers and directors of SHARON ACADEMY?
- The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $105,541 (MARY NEWMAN, HEAD OF SCHO).
- How much revenue does SHARON ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,383,783, expenses of $3,505,434 and total assets of $7,607,179 at year end.
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- SEVEN STARS ARTS CENTER INC EIN 03-0420714 · last filed 990-EZ for 2025
- FREE & ACCEPTED MASONS OF VERMONT EIN 23-7113512 · last filed 990-N for 2024
- ORDER OF THE EASTERN STAR OF VT GRAND CHAPTER EIN 23-7115145 · last filed 990-N for 2024
- SHARON FIREMANS ASSOCIATION EIN 83-0647568 · last filed 990-N for 2023
- SHARON CONNECTS INC EIN 39-4178110 · last filed 990-N for 2025
- SHARON PTO INC EIN 22-2855902 · last filed 990-N for 2025