Mountain River School Ltd FY2021 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.

98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · 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
2 mo
of spending, in cash
Fine: 2.4 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
$58K
36% of total assets
Looks good: liabilities are 36% of assets; 50% or less.
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
$630K
+133% vs prior year
Spent
$478K
To programs
98%
Net assets
$103K
By yearFY2020–FY2022
Revenue
$630K
FY2021▲ +133%
Revenue by fiscal year
FY2020$271K
FY2021$630K
FY2022$670K
Expenses
$478K
FY2021▲ +25%
Expenses by fiscal year
FY2020$383K
FY2021$478K
FY2022$682K
Net assets
$103K
FY2021▲ +314%
Net assets by fiscal year
FY2020−$48K
FY2021$103K
FY2022$92K

From the FY2021 Form 990 (year ending June 2021) · see the original

Form 990 (PDF) Claim
IRS revoked this organization's tax-exempt status on November 15, 2025
You’re viewing the FY2021 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

98 cents of each dollar spent went to programs.

Program services 98% · $470K Management & general 2% · $9K

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 (FY2020); the FY2021 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

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1 program · $470K · in their own filed words · FY2020
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.

$470Kprogram expense

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 FY2021 990, line by line.

1The main four
Money inPt VIII
$630K
Ln 12
Fees for servicesLn 2g$564K
Gifts and grantsLn 1h$61K
Other incomeLn 4–11$5K
Money outPt IX
$478K
Ln 25
Programscol B$470K
Managementcol C$9K
Owns and owesPt X
$103K
net assets · Ln 32
Cash and savingsLn 1–2$95K
Total assetsLn 16$162K
LiabilitiesLn 26$58K
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$61K
Government grantsLn 1e$51K
Fees for servicesLn 2g$564K
Other incomeLn 4–11$5K
Total revenueLn 12$630K
Assets in detailPt X, end of year
CashLn 1$95K
Cash and savings togetherLn 1–2$95K
Land, buildings, equipmentLn 10c$25K
Other assetsLn 15$408
Total assetsLn 16$162K
LiabilitiesLn 26$58K
Net assetsLn 32$103K
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 FY21End FY21
Cash and savingsLn 1–2$46K$95K
Land, buildings, equipmentLn 10c$10K$25K
Total assetsLn 16$65K$162K
LiabilitiesLn 26$113K$58K
Net assetsLn 32−$48K$103K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$285K$285K
Other employee benefitsLn 9$28K$28K
Payroll taxesLn 10$24K$24K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$3K$2K$1K
Advertising and promotionLn 12$475$475
Office expensesLn 13$2K$2K
Information technologyLn 14$3K$3K
OccupancyLn 16$95K$95K
InterestLn 20$623$623
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$26K$26K
All other expensesLn 24e$15$15
Total functional expensesLn 25$478K$470K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $670K$682K−$11K$92K 990 PDF
FY2021 Viewing $630K$478K$152K$103K 990 PDF
FY2020 $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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $630,038 across 6 lines filed
VIII-1e Government grants$51,090
VIII-1f All other contributions, gifts and grants$9,977
VIII-1h Total contributions, gifts and grants$61,067
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $564,166$564,166
VIII-8 Net income from fundraising eventsExcluded from tax $4,805$4,805
VIII-12 Total revenueRelated to mission $564,166 · Unrelated business $0 · Excluded from tax $4,805$630,038
Part IX · Statement of functional expenses $478,165 across 15 lines filed
IX-7 Other salaries and wagesPrograms $285,286$285,286
IX-9 Other employee benefitsPrograms $27,526$27,526
IX-10 Payroll taxesPrograms $23,813$23,813
IX-11b Legal feesManagement $1,500$1,500
IX-11c Accounting feesManagement $5,342$5,342
IX-11g Other fees for servicesPrograms $1,538 · Management $1,111$2,649
IX-12 Advertising and promotionPrograms $475$475
IX-13 Office expensesPrograms $2,272$2,272
IX-14 Information technologyPrograms $2,526$2,526
IX-16 OccupancyPrograms $94,905$94,905
IX-20 InterestManagement $623$623
IX-22 Depreciation, depletion and amortizationPrograms $3,329$3,329
IX-23 InsurancePrograms $2,403$2,403
IX-24 Other expenses (24a–d)Programs $25,501$25,501
IX-24e All other expensesPrograms $15$15
IX-25 Total functional expensesPrograms $469,589 · Management $8,576 · Fundraising $0$478,165
Part X · Balance sheet $161,812 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $45,724$94,871
X-4 Accounts receivableStart of year $2,528$25,462
X-9 Prepaid expenses and deferred chargesStart of year $6,585$15,735
X-10c Land, buildings and equipment, netStart of year $9,815$25,336
X-15 Other assetsStart of year $0$408
X-16 Total assetsStart of year $64,652$161,812
X-17 Accounts payable and accrued expensesStart of year $24,409$21,867
X-19 Deferred revenueStart of year $4,570$10,770
X-25 Other liabilitiesStart of year $46,200$0
X-26 Total liabilitiesStart of year $113,036$58,323
X-32 Total net assets or fund balancesStart of year −$48,384$103,489
X-33 Total liabilities and net assetsStart of year $64,652$161,812
Part XI · Reconciliation of net assets $103,489 net assets at year end
XI-1 Total revenue$630,038
XI-2 Total expenses$478,165
XI-3 Revenue less expenses$151,873
XI-4 Net assets at start of year−$48,384
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$103,489

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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