STRATFORD ACADEMY INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
STRATFORD ACADEMY INC (EIN 58-0831002)
Tax period
2022-06-01 to 2023-05-31
Filed
2024-01-25
IRS object ID
202410259349300606
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-01-25T09:47:47-05:00ReturnTs
Tax Period End2023-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582216536PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LAMB & BRASWELL LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14120 ARKWRIGHT RDAddressLine1Txt
CityMACONCityNm
State AbbreviationGAStateAbbreviationCd
ZIP312101707ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN580831002EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STRATFORD ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTRABusinessNameControlTxt
Phone4784778073PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16010 PEAKE ROADAddressLine1Txt
CityMACONCityNm
State AbbreviationGAStateAbbreviationCd
ZIP31220ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR RACHEL ADAMSPersonNm
Person TitleHEAD OF SCHOOLPersonTitleTxt
Phone4784778073PhoneNum
Signature2024-01-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRACHELPersonFirstNm
Person LastADAMSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES F BRASWELL CPAPreparerPersonNm
PTINP01053294PTIN
Phone4784718488PhoneNum
Preparation2024-01-09PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR RACHEL ADAMSPrincipalOfficerNm
Gross Receipts$15,970,966GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.STRATFORD.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1960FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionSTRATFORD ACADEMY IS AN INDEPENDENT, NON-SECTARIAN, COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE TWELVE. GUIDED BY THE MOTTO, "FREEDOM FOR EXCELLENCE", STRATFORD PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee231TotalEmployeeCnt
Total Volunteers75100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$3,530,882PYContributionsGrantsAmt
CY Contributions Grants$1,726,669CYContributionsGrantsAmt
PY Program Service Revenue$11,473,905PYProgramServiceRevenueAmt
CY Program Service Revenue$12,015,594CYProgramServiceRevenueAmt
PY Investment Income$85,202PYInvestmentIncomeAmt
CY Investment Income$63,284CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$15,089,989PYTotalRevenueAmt
CY Total Revenue$13,805,547CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,794,659PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,193,516CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$45,067CYTotalFundraisingExpenseAmt
PY Other Expenses$4,261,639PYOtherExpensesAmt
CY Other Expenses$4,546,777CYOtherExpensesAmt
PY Total Expenses$13,056,298PYTotalExpensesAmt
CY Total Expenses$13,740,293CYTotalExpensesAmt
PY Revenues Less Expenses$2,033,691PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$65,254CYRevenuesLessExpensesAmt
Total Assets BOY$32,525,377TotalAssetsBOYAmt
Total Assets EOY$32,124,045TotalAssetsEOYAmt
Total Liabilities BOY$5,441,635TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,992,211TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$27,083,742NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$27,131,834NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSTRATFORD ACADEMY IS AN INDEPENDENT, NON-SECTARIAN, COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE TWELVE. GUIDED BY THE MOTTO, "FREEDOM FOR EXCELLENCE", STRATFORD PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$9,936,160ExpenseAmt
Revenue$12,015,594RevenueAmt
DescTHE ORGANIZATION PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.Desc
Total Program Service Expenses$9,936,160TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document91IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee231EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMOLLYE L TREADWAYPersonNm
Phone4784778073PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16010 PEAKE RDAddressLine1Txt
Address Line26010 PEAKE RDAddressLine2Txt
CityMACONCityNm
State AbbreviationGAStateAbbreviationCd
ZIP31297ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
WILLIAM WARD BAXLEY III
TRUSTEE2.00Yes (X)$0$0$0
MR DAVID W BETHUNE
TRUSTEE2.00Yes (X)$0$0$0
MR C LOGAN BOWLDS
HEAD OF SCHO40.00$241,118$0$17,891Yes (X)
MALCOLM S BURGESS JR
TRUSTEE EMER2.00Yes (X)$0$0$0
ROBERT SANDERS BURGESS
TREASURER2.00Yes (X)$0$0$0Yes (X)
GEORGE M BUTLER JR
TRUSTEE2.00Yes (X)$0$0$0
JAMES MALCOLM COLE
TRUSTEE2.00Yes (X)$0$0$0
JAMES H DAWS
TRUSTEE2.00Yes (X)$0$0$0
LAURA EVANS
SECRETARY2.00Yes (X)$0$0$0Yes (X)
SALLY S HATCHER
BOARD CHAIR2.00Yes (X)$0$0$0Yes (X)
ELSA L HUTCHINSON
TRUSTEE2.00Yes (X)$0$0$0
CHRISTY CANTRELL JOHNSTON
TRUSTEE2.00Yes (X)$0$0$0
WADE A KOVACS
TRUSTEE2.00Yes (X)$0$0$0
JAMES T MCAFEE III
BOARD CHAIR2.00Yes (X)$0$0$0Yes (X)
JASON IVEY REAVES
TRUSTEE2.00Yes (X)$0$0$0
BOWEN REICHERT SHOEMAKER
TRUSTEE2.00Yes (X)$0$0$0
WINBURN E STEWART
TRUSTEE2.00Yes (X)$0$0$0
THOMAS PHILLIPS SWIFT JR
TRUSTEE2.00Yes (X)$0$0$0
STEWART C VERNON
TRUSTEE2.00Yes (X)$0$0$0
MOLLYE TREADWAY
CFO40.00$111,208$0$8,192Yes (X)
TRAVIS GRIFFITH
TRUSTEE2.00Yes (X)$0$0$0
ALLEN LONDON
TRUSTEE2.00Yes (X)$0$0$0
JOSIAH 'JEF' FLOURNOY
TRUSTEE2.00Yes (X)$0$0$0
DR RACHEL ADAMS
HEAD OF SCHO40.00$134,193$0$5,570Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$486,519TotalReportableCompFromOrgAmt
Total Other Compensation$31,653TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
RAY CONSTRUCTION MANAGEMENT
62 BARRYSTONE RDJULIETTEGA31046CONSTRUCTION$988,594
GA FAULKNER JR COMPANY
PO BOX 373BOLLINGBROKEGA31220CONSTRUCTION$457,646
SYNERGI PARTNERS
PO BOX 5599FLORENCESC29502TAX CREDIT PREP$137,647
MCCARTY AIR LLC
574 FLINT RIVER ESTATES RDROBERTAGA31078HVAC$129,250
HAY'S SERVICE LLC
4312 INTERSTATE DRIVEMACONGA31210HVAC$125,864
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$404,404GovernmentGrantsAmt
All Other Contributions$1,322,265AllOtherContributionsAmt
Noncash Contributions$129,755NoncashContributionsAmt
Total Contributions$1,726,669TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
NET TUITION AND FEES$11,196,336$11,196,336
STUDENT ACTIVITIES$424,900$424,900
AUXILIARY SERVICES$214,782$214,782
OTHER INCOME$179,576$179,576
FieldValueIRS element (for citing)
Total Program Service Revenue$12,015,594TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$140,599TotalRevenueColumnAmt
Exclusion$140,599ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,088,104SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,082,633SecuritiesAmt
Other$82,786OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$5,471SecuritiesAmt
Other-$82,786OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$77,315TotalRevenueColumnAmt
Related Or Exempt Func Income-$77,315RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,805,547TotalRevenueColumnAmt
Related Or Exempt Func Income$11,938,279RelatedOrExemptFuncIncomeAmt
Exclusion$140,599ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$241,118TotalAmt
Program Services$181,899ProgramServicesAmt
Management And General$59,219ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,281,104TotalAmt
Program Services$5,492,864ProgramServicesAmt
Management And General$1,788,240ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,151,042TotalAmt
Program Services$868,385ProgramServicesAmt
Management And General$282,657ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$520,252TotalAmt
Program Services$425,826ProgramServicesAmt
Management And General$94,426ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$128,775TotalAmt
Management And General$128,775ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,028TotalAmt
Program Services$4,028ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$122,758TotalAmt
Program Services$94,524ProgramServicesAmt
Management And General$28,234ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,148,011TotalAmt
Program Services$883,050ProgramServicesAmt
Management And General$264,961ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$96,778TotalAmt
Management And General$96,778ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
ELECTRICITY$390,577$277,310$113,267
ATHLETICS$253,279$253,279
SCHOLARSHIPS AND AWARDS$182,226$182,226
EQUIP. REPAIRS AND MAINT.$180,374$128,066$52,308

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,039,971TotalAmt
Program Services$1,144,703ProgramServicesAmt
Management And General$850,201ManagementAndGeneralAmt
Fundraising$45,067FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$13,740,293TotalAmt
Program Services$9,936,160ProgramServicesAmt
Management And General$3,759,066ManagementAndGeneralAmt
Fundraising$45,067FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$858,405BOYAmt
EOY$1,138,782EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,173,851BOYAmt
EOY$1,803,075EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,515,743BOYAmt
EOY$670,766EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$466,715BOYAmt
EOY$503,228EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$37,881BOYAmt
EOY$26,156EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,509BOYAmt
EOY$8,193EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$36,828,419LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$17,207,996LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$18,883,610BOYAmt
EOY$19,620,423EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,929,049BOYAmt
EOY$5,036,350EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,653,614BOYAmt
EOY$3,317,072EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$32,525,377BOYAmt
EOY$32,124,045EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,245,062BOYAmt
EOY$1,205,709EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$490,118BOYAmt
EOY$357,159EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,266,437BOYAmt
EOY$2,728,378EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$440,018BOYAmt
EOY$700,965EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,441,635BOYAmt
EOY$4,992,211EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$21,863,176BOYAmt
EOY$22,442,769EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,220,566BOYAmt
EOY$4,689,065EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$27,083,742BOYAmt
EOY$27,131,834EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$32,525,377BOYAmt
EOY$32,124,045EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$65,254ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$17,162NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,113,913BeginningYearBalanceAmt
Contributions$31,449ContributionsAmt
Investment Earnings Or Losses$107,385InvestmentEarningsOrLossesAmt
End Year Balance$5,252,747EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,602,609BeginningYearBalanceAmt
Investment Earnings Or Losses-$346,305InvestmentEarningsOrLossesAmt
Other Expenditures-$142,391OtherExpendituresAmt
End Year Balance$5,113,913EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,491,124BeginningYearBalanceAmt
Investment Earnings Or Losses$1,286,078InvestmentEarningsOrLossesAmt
Other Expenditures-$174,593OtherExpendituresAmt
End Year Balance$5,602,609EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,332,939BeginningYearBalanceAmt
Investment Earnings Or Losses$334,907InvestmentEarningsOrLossesAmt
Other Expenditures-$176,722OtherExpendituresAmt
End Year Balance$4,491,124EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,365,622BeginningYearBalanceAmt
Investment Earnings Or Losses$55,447InvestmentEarningsOrLossesAmt
Other Expenditures-$88,130OtherExpendituresAmt
End Year Balance$4,332,939EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.43300BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.56700PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$683,956InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$1,364,000OtherCostOrOtherBasisAmt
Book Value$2,047,956BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$30,978,376OtherCostOrOtherBasisAmt
Depreciation$14,667,743DepreciationAmt
Book Value$16,310,633BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,754,309OtherCostOrOtherBasisAmt
Depreciation$2,492,475DepreciationAmt
Book Value$1,261,834BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$47,778OtherCostOrOtherBasisAmt
Depreciation$47,778DepreciationAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$19,620,423TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
RETENTION CREDIT RECEIVABLE$2,789,907
INTEREST RECEIVABLE - ERC$268,110
ROU ASSETS - FINANCING LEASES$259,055
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,317,072TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
FUNDS HELD FOR RELATED SCHOOL CLUBS$442,200
FINANCING LEASE LIABILITIES$258,765
FieldValueIRS element (for citing)
Total Liability$700,965TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$13,788,385TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$17,162NetUnrealizedGainsInvstAmt
Revenue Not Reported-$17,162RevenueNotReportedAmt
Revenue Subtotal$13,805,547RevenueSubtotalAmt
Total Revenue Per Form990$13,805,547TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$13,740,293TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$13,740,293ExpensesSubtotalAmt
Total Expenses Per Form990$13,740,293TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, LINE 3FormAndLineReferenceDesc
ExplanationSCHOOL PROMOTIONAL MATERIALS HAVE THE RACIALLY NONDISCRIMINATORY POLICY NOTED ON THEM.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMR C LOGAN BOWLDSPersonNm
TitleHEAD OF SCHOOLTitleTxt
Base Compensation Filing Org$241,118BaseCompensationFilingOrgAmt
Deferred Compensation Flng Org$17,891DeferredCompensationFlngOrgAmt
Total Compensation Filing Org$259,009TotalCompensationFilingOrgAmt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescSUPPLIES/EQUIPDesc
Contribution40ContributionCnt
Noncash Contributions Rpt F990$129,755NoncashContributionsRptF990Amt
Method Of Determining RevenuesCOMPARABLE SALESMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONSTRATFORD ACADEMY IS AN INDEPENDENT, NON-SECTARIAN, COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE TWELVE. GUIDED BY THE MOTTO, "FREEDOM FOR EXCELLENCE", STRATFORD PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.
FORM 990, PAGE 2, PART III, LINE 4ATHE ORGANIZATION PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.
FORM 990, PAGE 6, PART VI, LINE 11BTHE BOARD REVIEWS A DRAFT COPY OF THE FORM 990 WITH THE BUSINESS MANAGER PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CTHE BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AT THE BEGINNING OF EACH SCHOOL YEAR AND TO DISCLOSE ANY INTERESTS THAT MAY ARISE DURING THE COURSE OF THE YEAR.
FORM 990, PAGE 6, PART VI, LINE 15ATHE HEAD OF SCHOOL HAS A THREE YEAR CONTRACT. THE INITIAL CONTRACT COMPENSATION AMOUNT IS SET BY THE BOARD OF DIRECTORS BASED ON MANY FACTORS INCLUDING: BENCHMARKING AT REGIONAL AND NATIONAL LEVELS, COMPARISON WITH OTHER SIMILAR ORGANIZATIONS, AND DATA PROVIDED BY AN INDEPENDENT SEARCH FIRM. THE BOARD OF DIRECTORS COMPLETES AN ANNUAL REVIEW OF THE HEAD OF SCHOOL'S PERFORMANCE.
FORM 990, PAGE 6, PART VI, LINE 15BAN ANNUAL JOB PERFORMANCE REVIEW IS DONE BY THE HEAD OF SCHOOL AND/OR THE DIRECT SUPERVISOR TO DETERMINE THE COMPENSATION AMOUNT. A SALARY SCALE IS USED FOR FACULTY BASED ON YEARS OF EXPERIENCE AND DEGREES HELD.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART IX, LINE 24EBUILDING REPAIR AND MAINT 120,526 49,229 0 JANITORIAL 107,483 43,901 0 BOOKSTORE 141,769 0 0 GROUNDS 95,185 38,879 0 MISCELLANEOUS 88,023 45,827 0 COMPUTER SERVICE 0 95,194 0 OTHER SUPPLIES 0 92,958 0 MARKETING 0 85,403 0 BURGLAR ALARM/SECURITY 51,621 21,084 0 INSTRUCTIONAL SUPPLIES 71,108 0 0 PRINTING AND COPIER LEASE 0 67,938 0 PROF. ASSOC. AND CONVENTI 0 63,369 0 BAD DEBTS 0 60,839 0 WATER AND SEWAGE 41,231 16,841 0 BANK CHARGES/COMMISSIONS 0 57,923 0 ROU ASSET LEASE AMORTIZAT 40,834 12,252 0 FINE ARTS 48,301 0 0 DONOR DEVELOPMENT 0 0 45,067 WEBSITE 42,150 0 0 LIBRARY AND AUDIO VISUAL 38,844 0 0 SCHOOL PUBLICATIONS 38,373 0 0 LEARNING SUPPORT CENTER 35,795 0 0 NATURAL GAS 21,411 8,745 0 GARBAGE COLLECTION 21,206 8,662 0 TELEPHONE 0 27,847 0 CONTINUING EDUCATION 0 26,547 0 GUIDANCE AND TESTING 20,755 0 0 TEXTBOOKS 18,505 0 0 SCIENCE 17,632 0 0 ALUMNI 16,782 0 0 GRADUATION 16,355 0 0 SUMMER PROGRAMS 13,769 0 0 FACULTY DEVEL. & RECRUIT. 0 13,173 0 TRAFFIC PATROL 12,118 0 0 SVC AGREEMENT - EQUIPMENT 7,022 2,868 0 POSTAGE 0 9,021 0 AFTER SCHOOL ENRICHMENT 7,548 0 0 PEST CONTROL 4,164 1,701 0 SCRIPTS PROGRAM 3,794 0 0 CAFETERIA 2,399 0 0 TOTAL 1,144,703 850,201 45,067
FORM 990, PART XI, LINE 9BOOK / TAX DEPRECIATION DIFFERENCE 0

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