St Johnsbury Academy

EIN: 030181215 501(c)(3) Education

St Johnsbury, VT

Total Revenue
$41,292,653
Total Expenses
$36,541,948
Total Assets
$83,600,515
Net Assets
$71,216,379
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Financial Trends

Organization Details

Formation Year
1842
Legal Domicile
VT
Principal Officer
Dr Sharon Howell
Phone
8027488171
Tax Period
2024-07-01 to 2025-06-30

St Johnsbury Academy, founded in 1842, is a mid-sized nonprofit in the Education sector that reported $41.3M in total revenue in fiscal year 2024. Expenses of $36.5M left a modest 12% surplus.

Mission

This is the mission of St. Johnsbury Academy, a diverse, comprehensive, and independent educational community grounded by our traditions, our deep optimism regarding young people, and our commitment to academic excellence: to teach good character by modeling and fostering compassion, respect, responsibility, and integrity. To foster a love for learning by challenging individuals to pursue knowledge, creativity, and intellectual self-reliance. To encourage each individual to understand his or her relationships, rights, and responsibilities within a community that is itself part of the larger world.

Program Service Accomplishments

Program 1
Expenses: $30,794,104 Revenue: $33,972,463

St. Johnsbury Academy offers a comprehensive high school program serving students in grades 9-12 and a postgraduate year. St. Johnsbury Academy offers a rigorous, wide-ranging, standards-based...

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St. Johnsbury Academy offers a comprehensive high school program serving students in grades 9-12 and a postgraduate year. St. Johnsbury Academy offers a rigorous, wide-ranging, standards-based curriculum designed to meet the needs and interests of a wide range of abilities, career goals, and interests. St. Johnsbury Academy served 953 students (including boarders) in the day school program which includes standard high school curriculum, special education, fine arts, technical education and athletic programs. The school day consists of a five block daily schedule with 70 minute courses. Scholarships are provided to students from around the world including throughout the United States and North America, Central America and the Caribbean, Russia and the Newly Independent States, East Asia, Europe, and South America. St. Johnsbury Academy offers a boarding program on our campus to 166 students from across the country and the world, creating a global community. The Academy has ten dormitories on the campus, six for boys and four for girls. Different in size and personality, each dorm houses faculty advisors, their families, and students. The Academy has a comprehensive resident life curriculum that complements our day school programs. Students are able to take advantage of weekend campus activities as well as travel opportunities throughout the semester. Our boarding program also includes an English as a second language program for students who require additional instruction as well as learning support programs for resident students. Expenses presented on this schedule do not reflect an inclusion of general and administrative expenses that are necessary for the school's day to day operations.

Program 2
Expenses: $732,677 Revenue: $555,031

St. Johnsbury Academy offers a summer advanced placement institute for secondary teachers. The course covers the AP exam including test development reading, new directions within the AP curriculum...

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St. Johnsbury Academy offers a summer advanced placement institute for secondary teachers. The course covers the AP exam including test development reading, new directions within the AP curriculum, developing successful AP assignments and collaborative teaching approaches as well as workshops for experienced AP teachers. St. Johnsbury Academy served 319 teachers during the past year. Expenses presented on this schedule do not reflect an inclusion of general and administrative expenses that are necessary for the school's day to day operations.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,823,797
Program Service Revenue $34,527,494
Investment Income $1,601,528
Other Revenue $339,834
TOTAL REVENUE $41,292,653

Expense Breakdown

Grants Paid $2,698,258
Salaries & Benefits $22,152,154
Fundraising Expenses $907,703
Program Expenses $31,526,781
Other Expenses $11,691,536
TOTAL EXPENSES $36,541,948

Year-over-Year Comparison

2024 2023 Change
Revenue $41,292,653 $38,416,850 +0.1%
Expenses $36,541,948 $36,535,981 +0.0%
Net Income $4,750,705 $1,880,869 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
446
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$701,310
Total Directors
20
$0
Key Employees
3
$538,082
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cathy Judd-Stein President 5.00
Officer Director
$0 $0 $0
Robert M Fairbanks Vice President 3.00
Officer Director
$0 $0 $0
Peter F Crosby Treasurer 3.00
Officer Director
$0 $0 $0
Peter F Hammer Secretary 3.00
Officer Director
$0 $0 $0
Noble Allen Trustee 1.00
Director
$0 $0 $0
Bruce E Buxton Trustee 1.00
Director
$0 $0 $0
Martha D Cavanaugh Trustee 1.00
Director
$0 $0 $0
Timothy A Clouatre Trustee 1.00
Director
$0 $0 $0
Craig S Douglas Trustee 1.00
Director
$0 $0 $0
Jenis Ellingwood Trustee 1.00
Director
$0 $0 $0
Frank A Empsall Trustee 1.00
Director
$0 $0 $0
Nancy U Goodrich Trustee 1.00
Director
$0 $0 $0
Dr Joshua Kantrowitz Trustee 1.00
Director
$0 $0 $0
Sanghyun Lee Trustee 1.00
Director
$0 $0 $0
James H Murphy Trustee 1.00
Director
$0 $0 $0
Dr Deane E Rankin Trustee 1.00
Director
$0 $0 $0
Thomas J Sherrer Trustee 1.00
Director
$0 $0 $0
Dr Kathy A Silloway Trustee 1.00
Director
$0 $0 $0
Paul C Simpson Trustee 1.00
Director
$0 $0 $0
Catherine Toll Trustee 1.00
Director
$0 $0 $0
Dr Sharon L Howell Headmaster 60.00
Officer
$442,172 $80,966 $523,138
Carol L Lyon CFO/Asst Headmaster 60.00
Officer
$163,459 $14,713 $178,172
John Lenzini Assoc Headmaster 60.00
Key Emp
$156,386 $17,136 $173,522
Binaca M Hanson Asst Headmaster 60.00
Key Emp
$153,152 $36,693 $189,845
Tammi S Cady Asst Headmaster 60.00
Key Emp
$159,011 $15,704 $174,715
James G Mazzonna Chief Info. Technology Officer 60.00
Highest
$139,929 $8,025 $147,954
James Ryan Director of Residential Life 60.00
Highest
$114,631 $24,850 $139,481
Henry Eaton Academic Dean 40.00
Highest
$112,878 $6,557 $119,435
Sandra Mings Lamar Director of Adult Education 40.00
Highest
$111,059 $6,090 $117,149
Dale Urie Dean of Students 40.00
Highest
$110,255 $3,367 $113,622
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $41,292,653 $36,541,948 $83,600,515 $4,750,705
2024 $38,416,850 $36,535,981 $76,612,446 $1,880,869
2024 $38,416,850 $36,535,981 $76,612,446 $1,880,869
2023 $35,040,897 $34,824,326 $73,844,060 $216,571
2022 $34,690,272 $33,395,487 $70,804,558 $1,294,785
2021 $36,928,944 $30,560,088 $76,075,100 $6,368,856
2020 $33,452,686 $32,868,004 $67,714,799 $584,682
2019 $33,882,124 $32,832,349 $67,399,294 $1,049,775
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