Charity Impact Media

Home › Education

Indian Mountain School

Lakeville, CT · EIN 06-0646681 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Indian Mountain School reported $22.0 million in revenue and $20.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $73.36 went to program services, $23.15 to management and general costs and $3.49 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 79.9% of the total. The highest compensation it reported for one person was $477,145 (FORMER HEAD OF SCHOOL). 8 people received more than $100,000 in reportable compensation. Revenue rose 54% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $20M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $22M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
73.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
23.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.18$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
17.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
79.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$477,145$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.38%1.28%
People paid over $100,000
Part VII, line 2
88
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
22.713.3
Independent voting board members
Part VI 1a–1b
20 of 20100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$15M expenses · 100.0% of program spending · grants $2.9M · revenue $18M

Basic program service activities including school and education programs for approximately 235 students in grades 5-9, and approximately 74 students in grades pk-4. This includes both day and boarding students

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
FORMER HEAD OF SCHOOL
Former, 40.00 hrs/week
$439,008$0$38,137$477,145
INTERIM HEAD OF SCHOOL
Officer, 40.00 hrs/week
$235,551$0$34,880$270,431
CONTROLLER
Highest compensated employee, 40.00 hrs/week
$155,056$0$43,618$198,674
DIRECTOR OF ADVANCEMENT
Highest compensated employee, 40.00 hrs/week
$176,700$0$9,153$185,853
DIECTOR OF BUILDINGS AND GROUNDS
Highest compensated employee, 40.00 hrs/week
$105,753$0$48,000$153,753
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$114,963$0$32,002$146,965
FORMER CHIEF FINANCIAL OFFICER
Highest compensated employee, 40.00 hrs/week
$105,402$0$24,800$130,202

8 people received more than $100,000 in reportable compensation from Indian Mountain School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $784K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$22M$20M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$22M$20M73.4%$38M$477,145
FY2024 ⓘ$21M$19M76.2%$34M$537,415
FY2023 ⓘ$21M$17M77.4%$31M$510,908
FY2022 ⓘ$17M$15M79.1%$26M$480,300
FY2021 ⓘ$18M$13M79.1%$25M$454,916
FY2020 ⓘ$14M$12M79.1%$19M$344,259

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b20 · 20 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5148
  • Volunteers Part I, line 621

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SAGE DINING SERVICES
Dining/food services
$988,561
JBR JANITORIAL SERVICES
Janitorial services
$162,040

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

15 private foundations reported grants to Indian Mountain School totaling $217K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Indian Mountain School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Indian Mountain School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Connecticut

Questions people ask

How much of Indian Mountain School's spending goes to programs?

In the fiscal year ending June 30, 2025, Indian Mountain School reported that 73.4% of its $20.0 million in expenses went to program services, 23.1% to management and general and 3.5% to fundraising (Form 990, Part IX).

How much does Indian Mountain School pay its top executive?

The largest total compensation Indian Mountain School reported for one person in the fiscal year ending June 30, 2025 was $477,145, for the role of FORMER HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Indian Mountain School get its money?

Of $22.0 million in revenue in the fiscal year ending June 30, 2025, 17.2% came from contributions and grants and 79.9% from program service revenue (Form 990, Part VIII).

Is Indian Mountain School a registered charity?

The IRS lists EIN 06-0646681 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349315557 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541329349304634 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410389349300441 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310479349300341 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202230549349300408 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100579349301500 · read the filing

All filings for EIN 06-0646681: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.