Mountain River School Ltd

IRS exemption revoked

Morristown, VTUnknown exempt organizationEIN 47-4031667

This page gets seen. Tell your story. Claim this org.

At Mountain River School we strive to cultivate healthy, compassionate, confident, environmentally conscious members of society who have the wisdom and courage to follow their dreams and contribute with conviction to the world.

98¢ of each $1 spent went to programs.
Run by 10 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $9K a year · 2% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$165K
64% of total assets
Fine: liabilities are 64% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$670K
+6% vs prior year
Spent
$682K
To programs
98%
Net assets
$92K
By yearFY2020–FY2022
Revenue
$670K
FY2022▲ +6%
Revenue by fiscal year
FY2020$271K
FY2021$630K
FY2022$670K
Expenses
$682K
FY2022▲ +43%
Expenses by fiscal year
FY2020$383K
FY2021$478K
FY2022$682K
Net assets
$92K
FY2022▼ -11%
Net assets by fiscal year
FY2020−$48K
FY2021$103K
FY2022$92K

From the FY2022 Form 990 (year ending June 2022) · see the original

IRS revoked this organization's tax-exempt status on November 15, 2025

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $671K Management & general 2% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Head of School
$0Pt VII · Sec A
See Mountain River School Ltd executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Educates children to be healthy, compassionate, confident, and environmentally conscious leaders.

Provided by the organization

This section is blank until Mountain River School Ltd claims this page.

Know this organization? Claim it to add your story

1 program service account for $671K of program spending, described in the organization's own filed words · FY2021.
01

Mountain river school is a primary and elementary school that currently offers grade levels pre-kindergarten through eighth grade. Mountain river school established a partnership / collaboration with teton science schools to help accelerate the growth of the school and its approach to assessment and place-based education.

$671Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$670K
Ln 12
Fees for servicesLn 2g$635K
Gifts and grantsLn 1h$31K
Other incomeLn 4–11$5K
Money outPt IX
$682K
Ln 25
Programscol B$671K
Managementcol C$10K
Owns and owesPt X
$92K
net assets · Ln 32
Cash and savingsLn 1–2$61K
Total assetsLn 16$257K
LiabilitiesLn 26$165K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$31K
Fees for servicesLn 2g$635K
Other incomeLn 4–11$5K
Total revenueLn 12$670K
Assets in detailPt X, end of year
CashLn 1$61K
Cash and savings togetherLn 1–2$61K
Land, buildings, equipmentLn 10c$143K
Other assetsLn 15$408
Total assetsLn 16$257K
LiabilitiesLn 26$165K
Net assetsLn 32$92K
OperationsPt I, VI
EmployeesI 511
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$95K$61K
Land, buildings, equipmentLn 10c$25K$143K
Total assetsLn 16$162K$257K
LiabilitiesLn 26$58K$165K
Net assetsLn 32$103K$92K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$380$380
Other salaries and wagesLn 7$490K$490K
Payroll taxesLn 10$43K$43K
Legal feesLn 11b$250$250
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$5K$1K$4K
Office expensesLn 13$7K$7K
Information technologyLn 14$3K$3K
OccupancyLn 16$92K$92K
InterestLn 20$335$335
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$27K$27K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$682K$671K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $670K$682K−$11K$92K 990 PDF
FY2021 $630K$478K$152K$103K 990 PDF
FY2020 $271K$383K−$112K−$48K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $670,205 across 5 lines filed
VIII-1f All other contributions, gifts and grants$30,678
VIII-1h Total contributions, gifts and grants$30,678
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $634,763$634,763
VIII-8 Net income from fundraising eventsExcluded from tax $4,764$4,764
VIII-12 Total revenueRelated to mission $634,763 · Unrelated business $0 · Excluded from tax $4,764$670,205
Part IX · Statement of functional expenses $681,659 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $380$380
IX-7 Other salaries and wagesPrograms $490,157$490,157
IX-10 Payroll taxesPrograms $42,888$42,888
IX-11b Legal feesManagement $250$250
IX-11c Accounting feesManagement $5,689$5,689
IX-11g Other fees for servicesPrograms $1,366 · Management $4,114$5,480
IX-13 Office expensesPrograms $6,998$6,998
IX-14 Information technologyPrograms $2,677$2,677
IX-16 OccupancyPrograms $92,093$92,093
IX-20 InterestManagement $335$335
IX-22 Depreciation, depletion and amortizationPrograms $4,032$4,032
IX-23 InsurancePrograms $2,331$2,331
IX-24 Other expenses (24a–d)Programs $26,703$26,703
IX-24e All other expensesPrograms $1,646$1,646
IX-25 Total functional expensesPrograms $671,271 · Management $10,388 · Fundraising $0$681,659
Part X · Balance sheet $257,494 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $94,871$60,889
X-4 Accounts receivableStart of year $25,462$53,198
X-9 Prepaid expenses and deferred chargesStart of year $15,735$0
X-10c Land, buildings and equipment, netStart of year $25,336$142,999
X-15 Other assetsStart of year $408$408
X-16 Total assetsStart of year $161,812$257,494
X-17 Accounts payable and accrued expensesStart of year $21,867$20,121
X-19 Deferred revenueStart of year $10,770$23,665
X-25 Other liabilitiesStart of year $0$114,000
X-26 Total liabilitiesStart of year $58,323$165,459
X-32 Total net assets or fund balancesStart of year $103,489$92,035
X-33 Total liabilities and net assetsStart of year $161,812$257,494
Part XI · Reconciliation of net assets $92,035 net assets at year end
XI-1 Total revenue$670,205
XI-2 Total expenses$681,659
XI-3 Revenue less expenses−$11,454
XI-4 Net assets at start of year$103,489
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$92,035

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.