Mountain River School Ltd FY2020 filing

IRS exemption revoked

Morristown, VTUnknown exempt organizationEIN 47-4031667

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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.

96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · 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
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 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
$113K
175% of total assets
Concern: liabilities are 175% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$271K
Spent
$383K
To programs
96%
Net assets
−$48K
By yearFY2020–FY2022
Revenue
$271K
FY2020
Revenue by fiscal year
FY2020$271K
FY2021$630K
FY2022$670K
Expenses
$383K
FY2020
Expenses by fiscal year
FY2020$383K
FY2021$478K
FY2022$682K
Net assets
−$48K
FY2020
Net assets by fiscal year
FY2020−$48K
FY2021$103K
FY2022$92K

From the FY2020 Form 990 (year ending June 2020) · see the original

IRS revoked this organization's tax-exempt status on November 15, 2025
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

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

96 cents of each dollar spent went to programs.

Program services 96% · $370K Management & general 4% · $14K

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

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Mountain River School Ltd executive salaries →

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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.

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1 program service account for $370K of program spending, described in the organization's own filed words · FY2019.
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.

$370Kprogram expense

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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 FY2020 990, line by line.

1The main four
Money inPt VIII
$271K
Ln 12
Fees for servicesLn 2g$265K
Gifts and grantsLn 1h$114K
Money outPt IX
$383K
Ln 25
Programscol B$370K
Managementcol C$14K
Owns and owesPt X
−$48K
net assets · Ln 32
Cash and savingsLn 1–2$46K
Total assetsLn 16$65K
LiabilitiesLn 26$113K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$114K
Noncash giftsLn 1g$35K
Fees for servicesLn 2g$265K
Gains on assetsLn 7−$112K
Total revenueLn 12$271K
Assets in detailPt X, end of year
CashLn 1$46K
Cash and savings togetherLn 1–2$46K
Land, buildings, equipmentLn 10c$10K
Total assetsLn 16$65K
LiabilitiesLn 26$113K
Net assetsLn 32−$48K
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 FY20End FY20
Cash and savingsLn 1–2$10K$46K
Land, buildings, equipmentLn 10c$140K$10K
Total assetsLn 16$160K$65K
LiabilitiesLn 26$82K$113K
Net assetsLn 32$77K−$48K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$229K$229K
Other employee benefitsLn 9$24K$24K
Payroll taxesLn 10$19K$19K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$3K$2K$646
Advertising and promotionLn 12$250$250
Office expensesLn 13$2K$2K
Information technologyLn 14$2K$2K
OccupancyLn 16$50K$50K
InterestLn 20$904$904
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$33K$33K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$383K$370K$14K$0

Filing history

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

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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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $270,837 across 8 lines filed
VIII-1f All other contributions, gifts and grants$114,242
VIII-1g Noncash contributions (included above)$35,249
VIII-1h Total contributions, gifts and grants$114,242
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $264,763$264,763
VIII-7 Net gain or loss on sales of assetsRelated to mission −$125,302 · Excluded from tax $13,312−$111,990
VIII-8 Net income from fundraising eventsExcluded from tax $3,172$3,172
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $650$650
VIII-12 Total revenueRelated to mission $139,461 · Unrelated business $0 · Excluded from tax $17,134$270,837
Part IX · Statement of functional expenses $383,320 across 15 lines filed
IX-7 Other salaries and wagesPrograms $229,247$229,247
IX-9 Other employee benefitsPrograms $23,783$23,783
IX-10 Payroll taxesPrograms $18,839$18,839
IX-11b Legal feesManagement $4,410$4,410
IX-11c Accounting feesManagement $7,616$7,616
IX-11g Other fees for servicesPrograms $1,901 · Management $646$2,547
IX-12 Advertising and promotionPrograms $250$250
IX-13 Office expensesPrograms $2,097$2,097
IX-14 Information technologyPrograms $1,537$1,537
IX-16 OccupancyPrograms $49,826$49,826
IX-20 InterestManagement $904$904
IX-22 Depreciation, depletion and amortizationPrograms $5,080$5,080
IX-23 InsurancePrograms $1,588$1,588
IX-24 Other expenses (24a–d)Programs $32,501$32,501
IX-24e All other expensesPrograms $3,095$3,095
IX-25 Total functional expensesPrograms $369,744 · Management $13,576 · Fundraising $0$383,320
Part X · Balance sheet $64,652 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $9,801$45,724
X-4 Accounts receivableStart of year $7,724$2,528
X-9 Prepaid expenses and deferred chargesStart of year $2,200$6,585
X-10c Land, buildings and equipment, netStart of year $140,196$9,815
X-16 Total assetsStart of year $159,921$64,652
X-17 Accounts payable and accrued expensesStart of year $24,671$24,409
X-19 Deferred revenueStart of year $12,300$4,570
X-25 Other liabilitiesStart of year $0$46,200
X-26 Total liabilitiesStart of year $82,452$113,036
X-32 Total net assets or fund balancesStart of year $77,469−$48,384
X-33 Total liabilities and net assetsStart of year $159,921$64,652
Part XI · Reconciliation of net assets −$48,384 net assets at year end
XI-1 Total revenue$270,837
XI-2 Total expenses$383,320
XI-3 Revenue less expenses−$112,483
XI-4 Net assets at start of year$77,469
XI-9 Other changes in net assets−$13,370
XI-10 Net assets at end of year−$48,384

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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