Lyndon Institute Inc
Overview
Mission
Lyndon institute inspires our students to become accomplished learners, creative thinkers, and compassionate community members.
What it reported doing in 2024
Lyndon institute is a comprehensive town acadamy for grades 9 - 12, offering a 150-course curriculum specializing in core and honors academics, fine and performing arts and technical and career programs.
Operating model
- Revenue model
- Other-operating. 74% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 94% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 030182055
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2023
- Headquarters
- Lyndon Center, VT, USA
- Phone
- 8025353636
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Secondary, High School
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 71
- Accountability: 84
- Sustainability: 68
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.2%; rating input score 68
- Program expense ratio: 73.8%; rating input score 74
- Fundraising efficiency: $8.45 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.2%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 2.13; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 3.7%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: -0.2% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 12th percentile among comparable filings
- Asset growth: 0.9% per year; rating input score 100; 13th percentile among comparable filings
Details
- Where the money goes: 68.2% of revenue deployed · 73.8% of spending went to programs
- Governance: 20 of 20 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $10.7M in reported program spending
- Leadership: top reported pay $279K · 24 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $477K reported
- Consistency: 39 of 39 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 annual filings from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
24 people listed
Highest reported compensation
- BRIAN BLOOMFIELD (HEAD OF SCHOOL): $278,912 total reported compensation
- MEAGAN HOWARD (CFO): $138,470 total reported compensation
- RICHARD ANGELL (DIRECTOR OF OPERATIONS): $120,911 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.