2022-02-09T09:42:38-06:00 2021-06-30 561965804 THOMAS JUDY & TUCKER PA 300 WEST MORGAN STREET SUITE 1450 DURHAM NC 27701 990 2020-07-01 561975907 NORTH RALEIGH CHRISTIAN ACADEMY INC NORT 9195737945 7300 PERRY CREEK ROAD RALEIGH NC 27616 RICHARD COREY BUSINESS MANAGER 9195737945 2022-02-09 1 RICHARD COREY 999009999 KRISTEN HOYLE CPA P00118964 9195717055 2022-02-09 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z WILLIAM DANNY COX 7300 PERRY CREEK ROAD RALEIGH NC 27616 15706517 0 X WWW.NRCAKNIGHTS.COM X 1996 NC NRCA IS A COMMUNITY CHRISTIAN SCHOOL ASSISTING FAMILIES BY PROVIDING EXCELLENCE IN ACADEMICS, FINE ARTS, AND ATHLETICS WHILE INSTILLING BIBLICAL PRINCIPLES IN STUDENTS' LIVES THAT THEY MIGHT IMPACT THEIR SOCIETY FOR CHRIST. 14 14 170 175 0 0 206799 1936400 13806796 13588787 156993 3076 80955 138505 14251543 15666768 0 387136 0 0 8621312 8262361 0 0 0 5251867 4713601 13873179 13363098 378364 2303670 47150208 49001622 9143128 8690872 38007080 40310750 X NRCA IS A COMMUNITY CHRISTIAN SCHOOL ASSISTING FAMILIES IN PROVIDING EXCELLENCE IN ACADEMICS, FINE ARTS, AND ATHLETICS WHILE INSTILLING BIBLICAL PRINCIPLES IN STUDENTS' LIVES THAT THEY MIGHT IMPACT THEIR SOCIETY FOR CHRIST. 0 0 11383748 387136 13588787 NRCA IS A LEARNING INSTITUTION FOR THOSE SEEKING A CHRIST-CENTERED PLACE OF EXCELLENCE IN ACADEMICS, FINE ARTS AND ATHLETICS. THE LOVING AND CARING ENVIRONMENT NURTURES STUDENTS IN SPIRITUAL AND ACADEMIC DISCIPLINES SO THEY CAN LAUNCH INTO ADULT LIFE EQUIPPED WITH GODLY CHARACTER, ACADEMIC PREPAREDNESS AND LIFE SKILLS. OUR EXPECTED STUDENT OUTCOMES OF SPIRITUAL FORMATION, WORLDVIEW ORIENTATION, ACADEMIC THINKING, AND SKILLS DEVELOPMENT ARE INTEGRATED TO FULFILL THE SPIRITUAL AND ACADEMIC GOALS OF NRCA. OUR MISSION IS NOT ONLY TO TEACH STUDENTS HOW TO MAKE A LIVING (ACADEMIC THINKING AND SKILLS DEVELOPMENT) BUT HOW TO MAKE A LIFE (SPIRITUAL FORMATION AND WORLDVIEW ORIENTATION). IN ADDITION TO ACADEMICS STUDENTS, PARTICIPATE IN ATHLETICS, FINE ARTS (ART, CHOIR, DANCE DRAMA, BAND), SOCIAL ACTIVITIES AND AFTERCARE. 11383748 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 49 0 170 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X RICHARD H COREY 9195737945 7300 PERRY CREEK ROAD RALEIGH NC 27616 ADRIAN ARBELAEZ MEMBER 4.00 X 0 0 0 ANTHONY BRASWELL MEMBER 4.00 X 0 0 0 BOBBY MURRAY MEMBER 4.00 X 0 0 0 CRAIG JONKERS SECRETARY 8.00 X X 0 0 0 DAVID SIMS MEMBER 4.00 X 0 0 0 DR BILL PARSONS MEMBER 4.00 X 0 0 0 JAY STOTT MEMBER 4.00 X 0 0 0 KEN MARTIN MEMBER 6.00 X 0 0 0 KENT GEER MEMBER 6.00 X 0 0 0 MIKE GARRETT MEMBER 4.00 X 0 0 0 RAY KIRK TREASURER 8.00 X X 0 0 0 RICK MCKOY VICE PRESIDENT 10.00 X X 0 0 0 STEVE MCKINION MEMBER 4.00 X 0 0 0 WILLIAM DANNY COX PRESIDENT 10.00 X X 0 0 0 KEVIN MATHES SUPERINTENDENT 40.00 X 141273 0 28085 DANNY WATKINS HIGH SCHOOL PRINCIPAL 40.00 X 120019 0 19841 RICHARD COREY BUSINESS MANAGER 40.00 X 144041 0 30730 DOUG PENNY TECHNOLOGY DIRECTOR 40.00 X 103100 0 18267 508433 0 96923 4 0 1 0 0 137919 1541265 257216 1936400 TUITION AND FEES REVENUE 611710 12964469 12964469 LUNCH REVENUE 611710 262869 262869 AUXILIARY DESIGNATED PROGRAM RECE 611710 194781 194781 STUDENT ACTIVITIES 611710 166668 166668 13588787 3076 3076 171204 0 171204 171204 171204 7050 137919 39749 -32699 -32699 15666768 13588787 0 141581 387136 387136 176688 138907 37781 6413444 5038348 1375096 326234 257725 68509 978030 772643 205387 367965 290692 77273 1207 1073 134 29142 25910 3232 270123 240164 29959 12964 11526 1438 94892 88741 6151 109978 97780 12198 449941 419380 30561 36806 27709 9097 2579 2579 1795057 1719915 75142 89596 86215 3381 BUILDING MAINTENANCE 989766 948334 41432 STUDENT ACTIVITIES 239327 239327 BOOKS 211181 211181 CAFETERIA 177409 177409 203633 203633 13363098 11383748 1979350 0 3293847 6289229 12436362 11472587 682299 750066 261079 361638 56280106 26214434 30411497 30065672 65124 62430 47150208 49001622 1415923 1367776 5804260 6991847 1541265 381680 331249 9143128 8690872 X 37823166 40144255 183914 166495 38007080 40310750 47150208 49001622 2303670 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2785621 2785621 41708754 17629894 24078860 2734109 2639497 94612 8184511 5377875 2806636 867111 567168 299943 30065672 ACCRUED PAYROLL TAXES 53898 DEPOSITS 104090 COMPENSATED ABSENCES 62131 SELF INSURED HEALTH INSURANCE 111130 331249 X 15279632 0 15279632 387136 387136 15666768 12975962 0 12975962 387136 387136 13363098 PART X, LINE 2: THE ACADEMY IS EXEMPT FROM INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ACADEMY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ACADEMY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ACADEMY, AND HAS CONCLUDED THAT AS OF JUNE 30, 2021, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ACADEMY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID/TUITION ASSITANCE 387,136. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID/ TUITION ASSSITANCE 387,136. 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NORTH RALEIGH CHRISTIAN ACADEMY DISPLAYED A PUBLIC NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS IN A LOCAL RALEIGH NEWSPAPER, ON THE NRCA WEBSITE, AS WELL AS LOCAL RADIO. SCHEDULE E, PART I, LINE 4 NRCA DOES HAVE RECORDS OF OUR SCHOLARSHIPS AND FINANCIAL AID AWARDED TO FAMILIES BUT DOES NOT TRACK ANY RACIAL INFORMATION RELATED TO THE FAMILIES. ALL FINANCIAL AID IS AWARDED ON FINANCIAL NEED AS DETERMINED BY FACTS MANAGEMENT (A THIRD PARTY SERVICE). GOLF AND TENNIS CLASSIC 144969 137919 7050 7030 10527 649 21543 144969 137919 7050 7030 10527 649 21543 39749 -32699 0 FINANCIAL AID/ TUITION ASSITANCE 180 387136 FMV TUITION ASSISTANCE TO FAMILIES IN NEED BASED ON FACTS X 1 1 X X 0 0 0 0 0 0 0 0 0 RICHARD COREY BUSINESS MANAGER 144041 0 0 0 0 0 15281 0 15449 0 174771 0 0 0 KEVIN MATHES SUPERINTENDENT 141273 0 0 0 0 0 14078 0 14007 0 169358 0 0 0 PART I, LINE 3 ALL SALARY LEVELS ARE SET BY THE SUPERINTENDENT AND APPROVED BY THE BOARD PRESIDENT. ANNUALLY A SALARY INCREASE IS SET FOR ALL EMPLOYEES AND APPLIED TO ALL EMPLOYEES. WILLIAM DANNY COX BOARD PRESIDENT 275658 WILLIAM DANNY COX IS A 5% OWNER OF GRASSMASTERS, WHICH PERFORMED LANDSCAPE MAINTENANCE FOR NORTH RALEIGH CHRISTIAN ACADEMY, INC. DURING THE FISCAL YEAR. 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS MONITORED BY ENSURING ANY POTENTIAL CONFLICTS OF INTEREST ARE DOCUMENTED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 ALL SALARY LEVELS ARE SET BY THE SUPERINTENDENT AND APPROVED BY THE BOARD PRESIDENT. ANNUALLY A SALARY INCREASE IS SET FOR ALL EMPLOYEES AND APPLIED TO ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII LN 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.