2022-05-13T09:03:23-05:00 2021-06-30 BDO USA LLP 150 Boush Street Suite 1100 Norfolk VA 23510 990 2020-07-01 540551901 The Norfolk Academy % JEFFREY A MARTIN NORF 7574616236 1585 Wesleyan Drive Norfolk VA 23502 Jeffrey A Martin BUSINESS MANAGER 7574616236 2022-05-15 true Jeffrey A Martin 999009999 P00559344 7576407190 2022-05-15 3 2020 2022-09-23 18:48:47Z Dennis G Manning 1585 Wesleyan Drive Norfolk VA 23502 29479605 false X www.norfolkacademy.org X 1960 VA Norfolk Academy seeks to offer a coordinated program for students, building and expanding on knowledge and experience from grades one through twelve. 28 25 331 1300 641826 0 3187338 3186410 24211801 25228501 1292964 841572 791937 146329 29484040 29402812 0 0 0 0 20303129 21475459 0 0 1127134 11623357 12969747 31926486 34445206 -2442446 -5042394 147079429 173962964 18370787 16845409 128708642 157117555 X THE NORFOLK ACADEMY IS A COLLEGE PREPARATORY CO-EDUCATIONAL DAY SCHOOL THAT STRIVES TO ASSIST ITS STUDENTS TO DEVELOP MATURITY OF BODY, MIND, AND CHARACTER. CONTINUED IN SCHEDULE O. false false 974832 0 24803 SUMMER SCHOOL & OTHER SPONSORED PROGRAMS 26179275 0 25203698 INSTRUCTIONAL & GENERAL PROGRAMS FOR STUDENTS GRADES 1 - 12 27154107 true true false false false false false true false true true true false false true true true false true false false false false false true false false false false true true false false false false false true false false true false true true false false false false false false false true X 43 0 true 331 true true true false false false false false false false false false false false false false false false X 28 25 true false false false false false false true true false false false true true true true true true true false VA X JEFFREY A MARTIN 7574616236 1585 WESLEYAN DRIVE NORFOLK VA 23502 Dennis G Manning Headmaster 40.0 0.0 X 704837 0 62950 Jeffrey A Martin Assistant Headmaster 40.0 0.0 X 250816 0 42048 Grayson K Bryant Assistant Headmaster 40.0 0.0 X 183213 0 55327 Michelle Alexander Director, Lower School 40.0 0.0 X 183555 0 39327 Sean Wetmore Director of Center for Leaders 40.0 0.0 X 127162 0 58317 Linda R Gorsline Associate Headmaster 40.0 0.0 X 163854 0 18991 Jennifer Scott Director, College Counseling 40.0 0.0 X 135115 0 41478 Timothy J Stiffler Vice President - Governance 3.0 0.0 X 0 0 0 Michelle Bass Adams Trustee 1.0 0.0 X 0 0 0 Dr Thomas A Alberico Treasurer 3.0 0.0 X 0 0 0 Frances L Beasley Vice President - Education 3.0 0.0 X 0 0 0 Lawrence A Bernert III Vice President - Investment 3.0 0.0 X 0 0 0 Dr LD Britt Trustee 1.0 0.0 X 0 0 0 Richard C Burroughs Jr Trustee 1.0 0.0 X 0 0 0 Rhonda G Durham Trustee 1.0 0.0 X 0 0 0 Guy R Friddell III Trustee 1.0 0.0 X 0 0 0 John L Gibson III Vice President - Development 3.0 0.0 X 0 0 0 Owen D Griffin Jr Trustee 1.0 0.0 X 0 0 0 Conrad M Hall Trustee 1.0 0.0 X 0 0 0 Katherine M Hines Trustee 1.0 0.0 X 0 0 0 Peter M Ill Trustee 1.0 0.0 X 0 0 0 Sandra Porter Leon Trustee 1.0 0.0 X 0 0 0 Isabelle C Marquart Trustee 1.0 0.0 X 0 0 0 Kathleen Kelly Oberg Trustee 1.0 0.0 X 0 0 0 J Christopher Perry Vice President - Bldg and Grou 3.0 0.0 X 0 0 0 Alfred M Randolph Jr President of the Board 3.0 0.0 X X 0 0 0 Thomas V Rueger Jr Trustee 1.0 0.0 X 0 0 0 John W Ruffin Trustee 1.0 0.0 X 0 0 0 Tracy G Savage Trustee 1.0 0.0 X 0 0 0 Samuel E Steingold Trustee 1.0 0.0 X 0 0 0 Rony Thomas Trustee 1.0 0.0 X 0 0 0 William R Van Buren III Secretary 3.0 0.0 X 0 0 0 C Benjamin Vanderberry Trustee 1.0 0.0 X 0 0 0 G Dudley Ware Jr Trustee 1.0 0.0 X 0 0 0 Frank J Wood III Trustee 1.0 0.0 X 0 0 0 John O Wynne Jr Vice President - Finance 3.0 0.0 X 0 0 0 1748552 0 318438 18 false true false MERIWETHER GODSEY 4944 OLD BOONSBORO ROAD LYNCHBURG VA 24503 FOOD SERVICES 863124 Tranquest LLC 994 Scott Street NORFOLK VA 23502 TRANSPORTATION 591610 TRI-TRONICS LTD 1209 BAKER ROAD SUITE 203 VIRGINIA BEACH VA 23455 SECURITY SERVICES 419454 MAKO MEDICAL LABORATORIES LLC 8461 GARVEY DRIVE RALEIGH NC 27616 MEDICAL TESTING 383805 CONVERGINT TECHNOLOGIES LLC 35257 EAGLE WAY CHICAGO IL 60678 SECURITY SERVICES 362768 5 3186410 809459 3186410 TUITION AND FEES 24228494 24228494 AUXILIARY SERVICES 975204 975204 SUMMER PROGRAMS 24803 24803 25228501 843672 641826 201846 0 0 37925 37925 0 37925 37925 2100 -2100 -2100 -2100 131783 74693 57090 57090 0 0 0 0 0 0 OTHER MISCELLANEOUS REVENUE 51314 51314 51314 29402812 25228501 641826 346075 0 0 0 0 1060651 869327 150882 40442 0 15079708 12359575 2145146 574987 1279516 1048825 186401 44290 2924198 2449400 424562 50236 1131386 1034795 53612 42979 0 0 0 0 0 699054 699054 158270 45309 111946 1015 114482 4769 109710 3 34103 2573 11455 20075 91489 88816 1982 691 0 0 59170 57300 1870 0 43599 29244 11172 3183 285088 285088 0 3756168 3668775 47832 39561 292077 354 286078 5645 CONTRACT LABOR AND SERVICES 3072518 2086467 922617 63434 EQPT RENTAL AND MAINTENANCE 907962 853482 47235 7245 UTILITIES 770941 753004 9817 8120 REFECTORY 664456 633410 28889 2157 2020370 1168682 628617 223071 34445206 27154107 6163965 1127134 8128018 2747242 0 0 2250403 1436650 163695 203719 200000 100701 0 0 0 0 262792 230564 266076 270307 106236633 49009042 57872020 57227591 0 0 75781219 109235554 0 0 0 0 2155206 2510636 147079429 173962964 4121600 4785033 0 0 983544 1030253 13099185 10868951 0 0 0 0 0 0 0 0 166458 161172 18370787 16845409 X 68891483 79766100 59817159 77351455 128708642 157117555 147079429 173962964 X -5042394 33354912 96395 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 446268 X X X false 60708006 674852 21524496 2672744 80234610 63381487 324108 -434910 2562679 60708006 62200202 1833516 1708126 2360357 63381487 59308938 895981 4232217 2236934 62200202 54288740 1512837 5633805 2126444 59308938 0.07090 0.65490 0.27420 false false 2286464 2286464 80634929 34383705 46251224 16228299 11090817 5137482 7086941 3534520 3552421 57227591 0 0 ANNUITIES PAYABLE 161172 161172 X 62135463 33354912 76793 33431705 28703758 699054 699054 29402812 33820845 74693 74693 33746152 699054 699054 34445206 SCH D PART XII, LINE 2D THE FINANCIAL STATEMENTS REPORT DIRECT COSTS OF FIELD DAY ACTIVITIES $74,693 AS EXPENSES. THESE AMOUNTS OFFSET TOTAL REVENUE REPORTED ON PART VIII OF FORM 990. FINANCIAL STATEMENT EXPENSES REPORTED ON PART VIII STATEMENT OF REVENUE THE SUM OF FIELD DAY EXPENSE [$153,688 ON LINE 8B], BOOKSTORE COST OF SALES [$384,367 ON LINE 10B], AND NET OF THE CHANGES IN POSTRETIREMENT LIABILITY [$30,469]. COLLECTIONS VARIOUS WORKS OF ART ARE ON DISPLAY THROUGHOUT THE NORFOLK ACADEMY CAMPUS, WHICH FURTHERS THE SCHOOL'S MISSION TO "ENGENDER AN AWARENESS AND APPRECIATION OF INTELLECTUAL, AESTHETIC, AND MORAL EXCELLENCE IN A SETTING THAT OFFERS WELL-DEVELOPED PROGRAMS, NOT ONLY IN THE ACADEMIC DISCIPLINES, BUT ALSO IN FINE ARTS AND ATHLETICS." ASC 740 FOOTNOTE DISCLOSURE The Academy is subject to incomes taxes on amounts generated from certain investment income, net of allocable expenses. The Academy incurred no income tax expense for the years ended June 30, 2021 and 2020. The Academy is, however, required to file a federal tax return. Tax years before 2017 are gernerally no longer subject to federal income tax examinations. Management continually evaluates tax positions reflected in the Academy's tax filings and does not believe any material uncertain tax positions exist. SCH D PART XI, LINE 2D THE STATEMENT OF REVENUE REPORTS DIRECT COSTS OF FIELD DAY ACTIVITIES $74,693; LOSS ON THE DISPOSITION OF DEPRECIABLE PROPERTY $2,100. THE FINANCIAL STATEMENTS REPORT THESE AMOUNTS IN THE STATEMENT OF FUNCTIONAL EXPENSES. true true true true true true true false false false false false false false false false false true SCHEDULE E, PART I, LINE 3 THE FOLLOWING STATEMENT APPEARS IN ADVERTISING AND REGISTRATION MATERIALS: THE NORFOLK ACADEMY ADMITS STUDENTS OF ANY RACE, SEX, RELIGION, COLOR AND NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. WE DO NOT DISCRIMINATE ON THE BASIS OF RACE, SEX, RELIGION, COLOR, AND NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF OUR EDUCATIONAL POLICIES, ADMISSIONS POLICIES, EMPLOYMENT POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. FIELD DAY 131783 131783 74693 0 131783 131783 74693 74693 57090 GAMING PROCEEDS ARE LESS THAN THE AMOUNT REQUIRED FOR A PERMIT 1585 WESLEYAN DRIVE NORFOLK VA 23502 X X X X true true X X X X false true false false false false false false false Dennis G Manning Headmaster 704837 31020 31930 767787 Jeffrey A Martin Assistant Headmaster 250816 20473 21575 292864 Grayson K Bryant Assistant Headmaster 183213 15799 39528 238540 Sean Wetmore Director of Center for Leaders 127162 14991 43326 185479 Linda R Gorsline Associate Headmaster 163854 16896 2095 182845 Jennifer Scott Director, College Counseling 112995 0 22120 9296 32182 176593 0 Michelle Alexander Director, Lower School 142195 0 41360 1600 37727 222882 0 LINE 4B NONQUALIFIED RETIREMENT PLAN DENNIS G. MANNING PARTICIPATES IN A PLAN DESCRIBED IN 457(f) OF THE INTERNAL REVENUE CODE. BASE COMPENSATION FOR MR. MANNING REPORTED IN PART II COLUMN (B)(i) INCLUDES $84,795 CONTRIBUTED TO THE PLAN ON HIS BEHALF DURING THE YEAR. A NORFOLK AIRPORT AUTHORITY 546002580 2016-08-31 10864224 REFI CONSTRUCT & EQUIP BUILDINGS false false false B NORTHAMPTON COUNTY DEV AUTHORITY 521298458 2016-08-31 20000000 CONSTRUCT & EQUIP BUILDINGS false false false A 0 0 7012617 0 0 0 243667 0 0 6768950 0 0 true false true true B 0 0 4100000 0 0 0 0 0 0 4100000 0 0 false false true true A false false false false 0 false false false true B false false false false 0 false false false true A false false true false false false 0 false 0 false false B false false true false true false 0 false 0 false false A false B false DENNIS G MANNING HEADMASTER PROMISSORY NOTE X 200000 100000 false true true 100000 MR TOY SAVAGE BROTHER OF TRUSTEE 97031 SALARY FOR BROTHER OF TRUSTEE false MR COSBY HALL SON OF TRUSTEE 74653 SALARY FOR SON OF TRUSTEE false MS PRICE MASSEY HALL DAUGHTER IN LAW OF TRUSTEE 68071 SALARY FOR DAUGHTER-IN-LAW false MS LAURA GIBSON DAUGHTER IN LAW OF Vice President - Development 66248 SALARY FOR DAUGHTER-IN-LAW false MR JOHN GIBSON SON OF Vice President - Development 61411 SALARY FOR Son OF VP - DEVEL false X 5000 FMV X 932 FMV X 81 787031 FMV X Program Items 10 16496 FMV false true false FORM 990, PART VI, QUESTION 2 - FAMILY AND BUSINESS RELATIONSHIPS WILLIAM R. VAN BUREN III AND ALFRED M. RANDOLPH, JR. ARE MEMBERS OF THE SAME LAW FIRM. J. CHRISTOPHER PERRY AND TIMOTHY J. STIFFLER SERVE AS OFFICERS AT THE SAME COMPANY. FORM 990, PART VI, QUESTION 11 - FORM 990 REVIEW THE EXECUTIVE COMMITTEE OR THE FINANCE COMMITTEE REVIEWS FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, QUESTION 12A - CONFLICT OF INTEREST POLICY THE BOARD OF TRUSTEES REVIEWS CONFLICT OF INTEREST STATEMENTS THAT OFFICERS AND TRUSTEES ARE REQUIRED TO COMPLETE ANNUALLY. FORM 990, PART VI, QUESTION 15 - COMPENSATION THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES COMPENSATION AFTER BENCHMARKING AND DOCUMENTING APPROPRIATE DATA. FORM 990, PART VI, QUESTION 19 - PUBLIC DISCLOSURE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 - RECONCILIATION OF NET ASSETS OTHER CHANGES IN NET ASSETS INCLUDES NET CHANGES IN POST-RETIREMENT LIABILITY OF $96,395. FORM 990, PART III, LINE 1 WE HOPE TO ENGENDER AN AWARENESS AND APPRECIATION OF INTELLECTUAL, AESTHETIC, AND MORAL EXCELLENCE IN A SETTING THAT OFFERS WELL-DEVELOPED PROGRAMS, NOT ONLY IN THE ACADEMIC DISCIPLINES, BUT ALSO IN FINE ARTS AND ATHLETICS. WE AIM TO PREPARE STUDENTS TO BECOME USEFUL AND RESPONSIBLE CITIZENS OF A DEMOCRACY. WE STRIVE TO MAKE THEM AWARE OF THEIR ROLES IN CREATING A JUST SOCIETY. WE ARE COMMITTED TO THE SPIRITUAL AND ETHICAL VALUES OF THE JUDEO-CHRISTIAN HERITAGE AND ENVISION THAT THESE WILL BECOME A PART OF THE BEING OF EACH MEMBER OF THE NORFOLK ACADEMY COMMUNITY. NORFOLK ACADEMY SEEKS TO OFFER A COORDINATED PROGRAM FOR STUDENTS, BUILDING AND EXPANDING ON KNOWLEDGE AND EXPERIENCE FROM GRADES ONE THROUGH TWELVE, ENCOURAGING RESPONSIBLE PARTICIPATION IN A VARIETY OF SCHOOL ACTIVITIES, PROVIDING OPPORTUNITIES FOR LEADERSHIP TRAINING, AND FACILITATING INTERACTION WITH THE COMMUNITY BEYOND THE SCHOOL. WE ARE COMMITTED TO THE PRINCIPLE OF ACADEMIC FREEDOM. WE TRUST THAT STUDENTS AND FACULTY WILL BE STIMULATED TO CONTINUE TO TEACH, LEARN AND EXPLORE, TO THINK PRACTICALLY AND CREATIVELY, AND TO MOVE TOWARD UNDERSTANDING AND WISDOM. AWARE OF A TRADITION OF ACADEMIC EXCELLENCE DATING FROM 1728 AND SENSITIVE TO THE NEED FOR MEETING CHANGE, THE ACADEMY ATTEMPTS TO MAINTAIN HIGH STANDARDS, BOTH ACADEMIC AND ETHICAL, FOR STUDENTS AND FACULTY. WE BELIEVE THAT THE HONOR SYSTEM IS THE EMBODIMENT OF THESE IDEALS. WE AIM TO PROVIDE A BALANCED PROGRAM FOR INDIVIDUAL GROWTH AND TO GUIDE AND MEASURE THE PROGRESS OF EACH STUDENT. WE ARE COMMITTED TO ENROLLMENT OF BOYS AND GIRLS WHO SHOW PROMISE OF INTELLECTUAL CURIOSITY AND WHO COME FROM FAMILIES OF VARIED SOCIAL, ECONOMIC, RELIGIOUS, ETHNIC, AND RACIAL BACKGROUNDS. WE BELIEVE THAT TEACHERS SHOULD BE KNOWLEDGEABLE IN THEIR FIELDS AND SHOULD UNDERSTAND AND ENJOY THE WAYS YOUNG PEOPLE LEARN AND GROW. WE BELIEVE THAT THE INTERESTS AND TALENTS OF THESE TEACHERS SHOULD ENABLE THEM TO ASSUME RESPONSIBILITIES OUTSIDE THE CLASSROOM IN GUIDANCE, ATHLETICS, AND ACTIVITIES. THE SCHOOL SEEKS TO PROVIDE EQUIPMENT AND FACILITIES THAT CREATE AN ATMOSPHERE IN WHICH GROWING CHILDREN MAY PARTICIPATE ACTIVELY IN THEIR MENTAL AND PHYSICAL DEVELOPMENT. WE STRIVE TO ENCOURAGE STUDENTS, FACULTY, AND FAMILIES TO WORK TOGETHER TO ASSIST THE STUDENTS IN ARRIVING AT A PERSONAL ASSESSMENT OF THEMSELVES AND IN CHALLENGING THEM TO REACH THEIR TRUE POTENTIAL.