Greenwood School Inc is located in Putney, VT. The organization was established in 1978. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2022, Greenwood School Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Greenwood School Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $4.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GREENWOOD SCHOOL IS A SMALL COLLEGE PREPARATORY BOARDING AND DAY SCHOOL IN VERMONT FOR STUDENTS WITH LANGUAGE BASED LEARNING DIFFERENCES IN GRADES 6-12.
Describe the Organization's Program Activity:
THE GREENWOOD SCHOOL, INC. PROVIDES INDIVIDUALIZED SPECIAL EDUCATION ON A 2 TO 1 BASIS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David J Benjack Chairman | OfficerTrustee | 0.5 | $0 |
Scott Breig Treasurer | OfficerTrustee | 0.5 | $0 |
Haruko Shino Secretary | Trustee | 0.5 | $0 |
Maria Alfonso Martinez Trustee | Trustee | 0.5 | $0 |
Steve Wilkins Trustee | Trustee | 0.5 | $0 |
Debbie Bailey Trustee | Trustee | 0.5 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bread Loaf Corporation Building Construction | 6/29/15 | $882,458 |
Isabelpratt Llc Development Consultant | 6/29/15 | $120,000 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $708,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $245,417 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $953,617 |
| Total Program Service Revenue | $4,527,490 |
| Investment income | $22,530 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,277 |
| Net Gain/Loss on Asset Sales | $33,794 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,558,708 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $76,355 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $173,998 |
| Compensation of current officers, directors, key employees. | $173,998 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,190,769 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $444,699 |
| Payroll taxes | $177,064 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,149 |
| Fees for services: Accounting | $27,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $60,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,045 |
| Advertising and promotion | $34,062 |
| Office expenses | $112,047 |
| Information technology | $68,044 |
| Royalties | $0 |
| Occupancy | $199,766 |
| Travel | $21,785 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $78,962 |
| Interest | $31,214 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $356,164 |
| Insurance | $49,305 |
| All other expenses | $213,778 |
| Total functional expenses | $4,691,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,514,257 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $39,640 |
| Accounts receivable, net | $85,083 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,540 |
| Prepaid expenses and deferred charges | $170,706 |
| Net Land, buildings, and equipment | $4,069,105 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,407,021 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $156,035 |
| Total assets | $8,451,387 |
| Accounts payable and accrued expenses | $52,940 |
| Grants payable | $0 |
| Deferred revenue | $812,129 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $470,599 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $189,268 |
| Total liabilities | $1,524,936 |
| Net assets without donor restrictions | $5,282,948 |
| Net assets with donor restrictions | $1,643,503 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,451,387 |