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Nonprofit · EIN 56-2668724

VIRTUAL LEARNING ACADEMY CHARTER SCHOOL

Also known as VLACS

Tax-exempt · EXETER, NH 03833

Financials

$12.5M$13.7M2022$13.1M$13.9M2023$14.8M$14.2M2024
Revenue Expenses · by fiscal year end
Financials of VIRTUAL LEARNING ACADEMY CHARTER SCHOOL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$14,832,848$14,173,800$659,048$6,744,962$8,823,408-$2,078,446
June 30, 2024990$13,125,906$13,859,941-$734,035$6,013,953$8,751,447-$2,737,494
June 30, 2023990$12,484,597$13,727,495-$1,242,898$7,084,622$9,149,228-$2,064,606
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$14,346,619
of which government grants
$14,339,004
Program service revenue
$397,094
Investment income
$89,135
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$173,404
Other salaries and wages
$9,144,427
Salaries, compensation and benefits (total)
$11,622,799
Professional fundraising fees
$0
Legal fees
$22,415
Accounting fees
$17,000
Occupancy
$79,892
Travel
$46,094
Depreciation
$113,262
Program services (functional)
$13,259,027
Management and general (functional)
$914,773

Balance sheet and other

Total assets, start of year
$6,013,953
Total assets, end of year
$6,744,962
Total liabilities, end of year
$8,823,408
Net assets, end of year
-$2,078,446
Land, buildings and equipment
$908,113
Net assets without donor restrictions
-$2,078,446
Gross receipts
$14,832,848
Employees
281
Volunteers
349
Year formed
2007
State of legal domicile
NH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
STEVE KOSSAKOSKIEXECUTIVE DI
Officer
40$173,404
NATALIE BERGERCHIEF OPER.
Highest-paid employee
40$114,851
JULIE REECEDIR OF PTNRS
Highest-paid employee
40$112,748
WILLIAM PRESCOTTDIRECTOR OF
Highest-paid employee
40$105,347
ANTHONY BALDASAROCHIEF EXP. O
Highest-paid employee
40$105,051
CAREY GLINESDIRECTOR OF
Highest-paid employee
40$102,604
DR KENT CHAMBERLINCHAIR
Trustee or director, Officer
2$0
KIMBERLEY CASEYVICE CHAIR
Trustee or director, Officer
2$0
DR MARK JOYCESECRETARY/CL
Trustee or director, Officer
2$0
MATTHEW TREAMERTREASURER
Trustee or director, Officer
2$0
WILDOLFO ARVELOTRUSTEE
Trustee or director
2$0
NATHAN LUNNEYTRUSTEE
Trustee or director
2$0
KYLE COTETRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
STEVE KOSSAKOSKIEXECUTIVE DI
Officer
40$166,393
KENT CHAMBERLINCHAIR
Trustee or director, Officer
2$0
KIMBERLEY CASEYVICE CHAIR
Trustee or director, Officer
2$0
DR MARK JOYCESECRETARY/CL
Trustee or director, Officer
2$0
MATTHEW TREAMERTREASURER
Trustee or director, Officer
2$0
WILDOLFO ARVELOTRUSTEE
Trustee or director
2$0
NATHAN LUNNEYTRUSTEE
Trustee or director
2$0
KYLE COTETRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
STEVE KOSSAKOSKIEXCEUTIVE DI
Officer
40$152,367
KENT CHAMBERLINCHAIR
Trustee or director, Officer
2$0
KIMBERLY CASEYVICE CHAIR
Trustee or director, Officer
2$0
DR MARK JOYCESECRETARY/CL
Trustee or director, Officer
2$0
MATTHEW TREAMERTREASURER
Trustee or director, Officer
2$0
WILFRIDO ARVELOTRUSTEE
Trustee or director
2$0
NATHAN LUNNEYTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
19 HAMPTON RD BUILDING B SUITE 11, EXETER, NH 03833-4826
In care of
% ARTHUR L HANSON ED D
Principal officer (990 for 2024)
DR KENT CHAMBERLIN, 20 COLD SPRINGS ROAD, DURHAM, NH 03824
Signed the 990
STEVE KOSSAKOSKI, EXECUTIVE DIRECTOR
Phone
(603) 778-2500
Return prepared by
VACHON CLUKAY & COMPANY PC

Mission

TO OPERATE A NEW HAMPSHIRE PUBLIC CHARTER SCHOOL.

990 for the year ended June 30, 2025

Program accomplishments

  • OPERATED A STATE CHARTER SCHOOL WHEREBY THE SCHOOL: (A) USED NEW AND EMERGING DISTANCE LEARNING TECHNOLOGY TO PROVIDE ANY TIME ANY PLACE ACCESS TO A RIGOROUS PERSONALIZED EDUCATION THAT HELPED STUDENTS LEARN TODAY, GRADUATE TOMORROW AND PREPARE FOR THE FUTURE: (B) PROVIDED ALL STUDENTS WITH THE OPPORTUNITY TO PERSONALIZE THEIR EDUCATION BY COMBINING RIGOUROUS ACADEMIC STUDY WITH THE FLEXIBILITY THAT IS INHERENT IN THE ANY TIME ANY PLACE PHILOSOPHY: AND (C) MET THE NEED OF A WIDE VARIETY OF STUDENTS AND FOSTERED 21ST CENTURY SKILLS SUCH AS GLOBAL AWARENESS, SELF-DIRECTED LEARNING SKILLS, INFORMATION AND COMMUNICATIONS TECHNOLOGY, LITERACY, PROBLEM-SOLVING SKILLS, TIME MANAGEMENT AND PERSONAL RESPONSIBILITY. STUDENTS ASO HAD EDUCATIONAL OPTIONS INCLUDING LEARNING THROUGH EXPERIENCE, PROJECTS, TEAMS AND ADULT EDUCATION OPTIONS.
    Expenses $13,259,027 · revenue $397,094

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-2668724
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$6,744,962
Income (IRS master file)
$14,832,848

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$14,832,848$14,173,800$6,744,962XML
990June 2024$13,125,906$13,859,941$6,013,953XML
990June 2023$12,484,597$13,727,495$7,084,622XML
990June 2022–––IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2668724).

Questions about VIRTUAL LEARNING ACADEMY CHARTER SCHOOL

What is the EIN of VIRTUAL LEARNING ACADEMY CHARTER SCHOOL?
The employer identification number (EIN) of VIRTUAL LEARNING ACADEMY CHARTER SCHOOL is 56-2668724.
Is VIRTUAL LEARNING ACADEMY CHARTER SCHOOL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to VIRTUAL LEARNING ACADEMY CHARTER SCHOOL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIRTUAL LEARNING ACADEMY CHARTER SCHOOL file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VIRTUAL LEARNING ACADEMY CHARTER SCHOOL due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VIRTUAL LEARNING ACADEMY CHARTER SCHOOL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of VIRTUAL LEARNING ACADEMY CHARTER SCHOOL?
The 990 for the year ended June 30, 2025 names DR KENT CHAMBERLIN.
Who are the officers and directors of VIRTUAL LEARNING ACADEMY CHARTER SCHOOL?
The 990 for the year ended June 30, 2025 lists 13 people; 6 received compensation from the organization, the highest $173,404 (STEVE KOSSAKOSKI, EXECUTIVE DI).
How much revenue does VIRTUAL LEARNING ACADEMY CHARTER SCHOOL have?
On its 990 for the year ended June 30, 2025 it reported revenue of $14,832,848, expenses of $14,173,800 and total assets of $6,744,962 at year end.

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