Education
(B25Z)
IRS Verified
DX Registered
990 on File
CARRABASSETT VALLEY ACADEMY
Financial strength (30%)
94/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The intent and purpose of Carrabassett Valley Academy is to foster focused individual student-athlete development by providing the optimum balance between outstanding college preparatory academics, responsible community living and world-class athletic training in competitive skiing and snowboarding.
Financial Overview — FY 2025
$7.5M
Total Revenue
$6.6M
Total Expenses
$13.6M
Net Assets
155
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.9%
Fundraising Efficiency
17.9%
Operating Reserve
24.58x
Liability-to-Asset
9.6%
Revenue Diversification
89.8%
Executive Compensation
$207K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.9% | 84.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.8% | 12.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.2% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
17.9% | 60.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
24.6 mo | 9.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.6% | 21.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.8% | 89.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
18.1% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.0% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
11.3% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $7.5M | $6.6M | $13.6M | 78.9% | 155 |
| 2024 | $6.3M | $6.0M | $12.5M | 78.0% | 151 |
| 2023 | $6.8M | $5.6M | $12.1M | 77.5% | 168 |
| 2022 | $6.6M | $5.4M | $10.8M | 78.4% | 158 |
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