THE GREENWOOD SCHOOL INC

EIN: 042642602 501(c)(3)

PUTNEY, VT

Total Revenue
$4,378,724
Total Expenses
$5,255,018
Total Assets
$7,725,106
Net Assets
$6,119,497
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
MA
Principal Officer
SERGIO SIMUNOVIC
Phone
8023874545
Tax Period
2023-07-01 to 2024-06-30

THE GREENWOOD SCHOOL INC, founded in 1978, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $5.3M exceeded revenue, resulting in a 20% operating deficit.

Mission

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.

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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 (2023)

Revenue Breakdown

Contributions & Grants $255,026
Program Service Revenue $3,972,139
Investment Income $138,459
Other Revenue $13,100
TOTAL REVENUE $4,378,724

Expense Breakdown

Grants Paid $76,163
Salaries & Benefits $3,156,871
Fundraising Expenses $142,311
Program Expenses $3,536,175
Other Expenses $1,956,984
TOTAL EXPENSES $5,255,018

Year-over-Year Comparison

2023 2022 Change
Revenue $4,378,724 $5,040,345 -0.1%
Expenses $5,255,018 $5,019,710 +0.0%
Net Income $-876,294 $20,635 -43.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
68
Volunteers
N/A

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
3
$184,053
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID J BENJACK CHAIRMAN 0.50
Officer Director
$0 $0 $0
CATHERINE STEPHAN TREASURER 0.50
Officer Director
$0 $0 $0
MARIA ALFONSO MARTINEZ TRUSTEE 0.50
Director
$0 $0 $0
KATHERINE PHARES SECRETARY 0.50
Director
$0 $0 $0
LEE SLATER TRUSTEE 0.50
Director
$0 $0 $0
SARAH KHETANI TRUSTEE 0.50
Director
$0 $0 $0
MICHALE KOENIG TRUSTEE 0.50
Director
$0 $0 $0
BART BALDWIN TRUSTEE 0.50
Director
$0 $0 $0
SCOTT BREIG TRUSTEE 0.50
Director
$0 $0 $0
ANNE SWAYZE HEAD OF SCHOOL (FORMER) 50.00
Officer
$156,639 $27,414 $184,053
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 No data No data No data No data
2024 $4,378,724 $5,255,018 $7,725,106 $-876,294
2023 $5,040,345 $5,019,710 $8,161,584 $20,635
2022 $5,558,708 $4,691,423 $8,451,387 $867,285
2021 $5,820,344 $4,910,985 $9,076,427 $909,359
2020 $4,857,658 $5,140,611 $8,422,878 $-282,953
2019 $5,410,462 $5,477,181 $8,325,857 $-66,719
2018 $5,172,768 $5,250,771 $9,760,581 $-78,003
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