Nonprofit · EIN 74-3169081
PACEM SCHOOL INC
Also known as PACEM LEARNING COMMUNITY
Tax-exempt · MONTPELIER, VT 05602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $361,754 | $312,763 | $48,991 | $296,630 | $12,073 | $284,557 |
| June 30, 2024 | 990 | $350,247 | $298,816 | $51,431 | $241,611 | $9,278 | $232,333 |
| June 30, 2023 | 990 | $384,924 | $305,856 | $79,068 | $184,162 | $3,260 | $180,902 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,940
- Program service revenue
- $339,706
- Investment income
- $7,424
- Net gain from sales of assets
- -$86
- Net income from fundraising events
- $2,752
- Net income from sales of inventory
- $932
- Other revenue
- $3,684
Expenses
- Grants and similar amounts paid
- $32,055
- Compensation of officers, directors and key employees
- $75,519
- Other salaries and wages
- $123,998
- Salaries, compensation and benefits (total)
- $216,441
- Professional fundraising fees
- $0
- Accounting fees
- $1,400
- Occupancy
- $33,466
- Program services (functional)
- $255,650
- Management and general (functional)
- $53,856
- Fundraising (functional)
- $3,257
Balance sheet and other
- Total assets, start of year
- $241,611
- Total assets, end of year
- $296,630
- Total liabilities, end of year
- $12,073
- Net assets, end of year
- $284,557
- Publicly traded securities
- $187,722
- Net assets without donor restrictions
- $284,557
- Gross receipts
- $363,220
- Employees
- 12
- Volunteers
- 8
- Year formed
- 2008
- 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 |
|---|---|---|---|
| LEXI SHEAR | HEAD OF SCHOOL Officer | 40 | $54,852 |
| PAUL WALLICH | FACULTY REP Trustee or director, Officer | 13 | $19,791 |
| SAMARA MAYS | Treasurer Trustee or director, Officer | 1 | $0 |
| KATHLEEN KESSON | CO-SECRETARY Trustee or director, Officer | 1 | $0 |
| LAUREN MARTINEZ | CO-SECRETARY Trustee or director, Officer | 1 | $0 |
| GUSTY EHRLICH | Director Trustee or director | 1 | $0 |
| KATE FREDERICK | Director Trustee or director | 1 | $0 |
| LAURA MCCAFFREY | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEXI SHEAR | EXECUTIVE DI Trustee or director, Officer | 30 | $53,431 |
| LAURA MCCAFFREY | FACULTY REPR Trustee or director | 10 | $14,429 |
| SAMARA MAYS | TREASURER Trustee or director | 1 | $0 |
| LAURA MARTINEZ | SECRETARY Trustee or director | 1 | $0 |
| KATHLEEN KESSON | SECRETARY Trustee or director | 1 | $0 |
| GUSTY EHRLICH | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEXI SHEAR | EXECUTIVE DI Officer | 29 | $39,209 |
| LAURA MCCAFFREY | FACULTY REP Officer | 12 | $16,139 |
| CHRIS STONE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ADAM NECRASON | TREASURER Trustee or director, Officer | 1 | $0 |
| STEVE SHARP | SECRETARY Trustee or director, Officer | 1 | $0 |
| SAMARA MAYS | PARENT REPRE Trustee or director | 1 | $0 |
| LAURA MARTINEZ | DIRECTOR Trustee or director | 1 | $0 |
| KATHLEEN KESSON | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 32 COLLEGE ST STE 100, MONTPELIER, VT 05602-3675
- In care of
- % LEXI SHEAR
- Principal officer (990 for 2024)
- LEXI SHEAR, 32 COLLEGE STREET SUITE 100, MONTPELIER, VT 05602
- Signed the 990
- LEXI SHEAR, HEAD OF SCHOOL
- Phone
- (802) 223-1010
- Website
- PACEMSCHOOL.ORG
- Return prepared by
- Fothergill Segale & Valley LLC
Mission
THE PURPOSE OF PACEM SCHOOL IS TO PROVIDE AN INTELLECTUALLY RIGOROUS LEARNING COMMUNITY FOR 10-18 YEAR OLDS BASED ON THE PRINCIPLES AND PROMOTION OF PEACE.
Program accomplishments
- PACEM IS A FULL TIME STATE APPROVED SCHOOL AND PROVIDES FULL-TIME MIDDLE AND HIGH SCHOOL AND A PART-TIME PROGRAM FOR HOMESCHOOLED STUDENTS. TO THAT END PACEM ENROLLED 34 STUDENTS IN THE FISCAL YEAR. 20 OF THOSE STUDENTS WERE FULL-TIME AND 14 WERE PART-TIME.Expenses $255,650 · grants $32,055 · revenue $339,706
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
- 74-3169081
- 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
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $296,630
- Income (IRS master file)
- $363,220
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $361,754 | $312,763 | $296,630 | XML |
| 990 | June 2024 | $350,247 | $298,816 | $241,611 | IRS |
| 990 | June 2023 | $384,924 | $305,856 | $184,162 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | 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 74-3169081).
Questions about PACEM SCHOOL INC
- What is the EIN of PACEM SCHOOL INC?
- The employer identification number (EIN) of PACEM SCHOOL INC is 74-3169081.
- Is PACEM SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to PACEM SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PACEM 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 PACEM 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 PACEM 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 PACEM SCHOOL INC?
- The 990 for the year ended June 30, 2025 names LEXI SHEAR.
- Who are the officers and directors of PACEM SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 2 received compensation from the organization, the highest $54,852 (LEXI SHEAR, HEAD OF SCHOOL).
- How much revenue does PACEM SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $361,754, expenses of $312,763 and total assets of $296,630 at year end.
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