Overview

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Est.

1983

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Carrabassett Valley Academy is a nonprofit organization dedicated to providing college preparatory education and athletic training, focusing on secondary education. With an operating budget of $6.6 million and total revenue of $7.5 million for the filing year 2025, the academy benefits from a diverse range of funding sources, none of which account for 50% or more of its revenue. For more information, visit their website at www.gocva.com.

Mission Statement

College preparatory education and athletic training.
Revenues
$7.5M
Expenses
$6.6M
Net Income:
+$842.7K
Assets
$15M
Liabilities
$1.4M
Net Assets:
+$13.6M
Operating Budget
$6.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
8
Median grant size
$17.5K
Largest grant received
$599.1K
K
Karl Strand
Board Member
L
Lloyd Cuttler
Board Member
R
Russ Drechsel
Board Member

Frequently Asked Questions

What is Carrabassett Valley Academy’s budget?
In 2025, Carrabassett Valley Academy reported an annual operating budget of around $6.6 million. More detailed financial information is available to registered users.
What causes does Carrabassett Valley Academy support?
Carrabassett Valley Academy supports work in Secondary education.
Where does Carrabassett Valley Academy operate?
Carrabassett Valley Academy is headquartered in Carrabassett Valley, ME.
Who funded Carrabassett Valley Academy recently?
In 2024, Carrabassett Valley Academy received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, Maine Community Foundation Inc, and VAIL SNOW SPORTS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Carrabassett Valley Academy received in 2024?
The largest grant to Carrabassett Valley Academy in 2024 exceeds $599 thousand.