ASHEVILLE CHRISTIAN ACADEMY INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ASHEVILLE CHRISTIAN ACADEMY INC (EIN 56-0889168)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-09-25
- IRS object ID
- 202512689349302051
- Schema version
- 2023v6.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-09-25T16:37:20-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 061667465 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Prager Metis CPAs PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 32 Orange Street | AddressLine1Txt |
| City | Asheville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560889168 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Asheville Christian Academy Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ASHE | BusinessNameControlTxt |
| Phone | 8285812200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1089 | AddressLine1Txt |
| City | Swannanoa | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28778 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William Putnam | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8285812200 | PhoneNum |
| Signature | 2025-09-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Crystal Goldsmith | PreparerPersonNm |
| PTIN | P01286671 | PTIN |
| Phone | 8282813161 | PhoneNum |
| Preparation | 2025-09-23 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | William Putnam | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 74 Riverwood Road | AddressLine1Txt |
| City | Swannanoa | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28778 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,015,541 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | ashevillechristian.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1967 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | Operation of private school | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 230 | TotalEmployeeCnt |
| Total Volunteers | 442 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,634,414 | PYContributionsGrantsAmt |
| CY Contributions Grants | $872,559 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,843,114 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $11,708,890 | CYProgramServiceRevenueAmt |
| PY Investment Income | $900,606 | PYInvestmentIncomeAmt |
| CY Investment Income | $64,750 | CYInvestmentIncomeAmt |
| PY Other Revenue | $195,310 | PYOtherRevenueAmt |
| CY Other Revenue | $368,176 | CYOtherRevenueAmt |
| PY Total Revenue | $14,573,444 | PYTotalRevenueAmt |
| CY Total Revenue | $13,014,375 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,197,989 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,323,170 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,736,586 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,417,742 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $443,912 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,447,712 | PYOtherExpensesAmt |
| CY Other Expenses | $5,226,646 | CYOtherExpensesAmt |
| PY Total Expenses | $12,382,287 | PYTotalExpensesAmt |
| CY Total Expenses | $13,967,558 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,191,157 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$953,183 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $23,121,487 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,408,429 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,704,183 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,911,501 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $18,417,304 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $17,496,928 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Seeking to serve Jesus Christ and uphold His Pre-eminence, Asheville Christian Academy, in committed partnership with Christian parents, provides a Gospel-centered education to shepherd and inspire Christ- oriented lives within a community of grace. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,798,411 | ExpenseAmt |
| Grant | $1,323,170 | GrantAmt |
| Revenue | $11,928,662 | RevenueAmt |
| Desc | Provide instruction and educational activities for students from preschool to 12th grade. | Desc |
| Total Program Service Expenses | $8,798,411 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 230 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | William Putnam | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8285812200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 74 Riverwood Road | AddressLine1Txt |
| City | Swannanoa | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28778 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Joshua Bradshaw | ||||||
| Chair | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Brian Courcelle | ||||||
| Treasurer | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Claude Dicks | ||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Emily Gerritz | ||||||
| Vice Chair | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Jamie Greene | ||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Tracy Gualano | ||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Rachel McNabb | ||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Kristi Owens | ||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Treavor Riley | ||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Jennifer Riseden | ||||||
| Secretary | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Leigh Verm | ||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | |
| William George | ||||||
| CEO/Head of School | 40.00 | Yes (X) | $206,906 | $0 | $23,798 | |
| William Putnam | ||||||
| CFO | 40.00 | Yes (X) | $84,220 | $0 | $74,271 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $291,126 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $98,069 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Redefine Facility Cleaning | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1125 Sweeten Creek Road Suite 20 | AddressLine1Txt |
| City | Asheville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Cleaning | ServicesDesc |
| Compensation | $290,173 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $139,200 | FundraisingAmt |
| All Other Contributions | $733,359 | AllOtherContributionsAmt |
| Noncash Contributions | $57,475 | NoncashContributionsAmt |
| Total Contributions | $872,559 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuiton and fees | 611110 | $11,603,298 | $11,603,298 |
| Extended care | 611110 | $60,255 | $60,255 |
| Bus contract sales | 611110 | $42,978 | $42,978 |
| Food services | 611110 | $2,359 | $2,359 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $11,708,890 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $65,916 | TotalRevenueColumnAmt |
| Exclusion | $65,916 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,425 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,425 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,425 | TotalRevenueColumnAmt |
| Exclusion | $4,425 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,166 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$1,166 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,166 | TotalRevenueColumnAmt |
| Exclusion | -$1,166 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $143,979 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $139,200 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $143,979 | TotalRevenueColumnAmt |
| Exclusion | $143,979 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Business | 611110 | BusinessCd |
| Total Revenue Column | $219,772 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $219,772 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $219,772 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,014,375 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,928,662 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $213,154 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,323,170 | TotalAmt |
| Program Services | $1,323,170 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,125 | TotalAmt |
| Program Services | $148,330 | ProgramServicesAmt |
| Management And General | $136,974 | ManagementAndGeneralAmt |
| Fundraising | $5,821 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,245,667 | TotalAmt |
| Program Services | $3,575,450 | ProgramServicesAmt |
| Management And General | $1,476,076 | ManagementAndGeneralAmt |
| Fundraising | $194,141 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,478,435 | TotalAmt |
| Program Services | $1,387,880 | ProgramServicesAmt |
| Management And General | $80,579 | ManagementAndGeneralAmt |
| Fundraising | $9,976 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $402,515 | TotalAmt |
| Program Services | $75,979 | ProgramServicesAmt |
| Management And General | $312,469 | ManagementAndGeneralAmt |
| Fundraising | $14,067 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,422 | TotalAmt |
| Management And General | $7,422 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,126 | TotalAmt |
| Management And General | $22,126 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,791 | TotalAmt |
| Management And General | $49,791 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,572 | TotalAmt |
| Management And General | $1,122 | ManagementAndGeneralAmt |
| Fundraising | $68,450 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,776 | TotalAmt |
| Management And General | $88,076 | ManagementAndGeneralAmt |
| Fundraising | $24,700 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,491 | TotalAmt |
| Management And General | $134,491 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $388,912 | TotalAmt |
| Program Services | $89,236 | ProgramServicesAmt |
| Management And General | $299,676 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,588 | TotalAmt |
| Management And General | $151,588 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $875,912 | TotalAmt |
| Program Services | $875,912 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,173 | TotalAmt |
| Management And General | $128,173 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| Repairs and maintenance | $844,815 | $844,587 | $228 |
| Severance | $349,901 | $349,901 | |
| Bad debt | $272,988 | $272,988 | |
| Other | $236,579 | $236,579 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,581,600 | TotalAmt |
| Program Services | $1,322,454 | ProgramServicesAmt |
| Management And General | $132,617 | ManagementAndGeneralAmt |
| Fundraising | $126,529 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,967,558 | TotalAmt |
| Program Services | $8,798,411 | ProgramServicesAmt |
| Management And General | $4,725,235 | ManagementAndGeneralAmt |
| Fundraising | $443,912 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $553,774 | BOYAmt |
| EOY | $501,250 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,668,810 | BOYAmt |
| EOY | $2,241,964 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $256,985 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $257,989 | BOYAmt |
| EOY | $105,271 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,093 | BOYAmt |
| EOY | $7,512 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $28,526,778 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,353,175 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,325,049 | BOYAmt |
| EOY | $18,173,603 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,053,787 | BOYAmt |
| EOY | $1,378,829 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,121,487 | BOYAmt |
| EOY | $22,408,429 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $754,871 | BOYAmt |
| EOY | $940,880 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $724,387 | BOYAmt |
| EOY | $358,576 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,443,860 | BOYAmt |
| EOY | $2,957,254 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $781,065 | BOYAmt |
| EOY | $654,791 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,704,183 | BOYAmt |
| EOY | $4,911,501 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,795,308 | BOYAmt |
| EOY | $16,797,355 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $621,996 | BOYAmt |
| EOY | $699,573 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,417,304 | BOYAmt |
| EOY | $17,496,928 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,121,487 | BOYAmt |
| EOY | $22,408,429 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$953,183 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $32,807 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $342,950 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $26,748 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $3,774 | AdministrativeExpensesAmt |
| End Year Balance | $365,924 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $353,759 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$9,909 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $900 | AdministrativeExpensesAmt |
| End Year Balance | $342,950 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $318,045 | BeginningYearBalanceAmt |
| Contributions | $103,438 | ContributionsAmt |
| Investment Earnings Or Losses | -$33,861 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $30,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $651 | OtherExpendituresAmt |
| Administrative Expenses | $3,212 | AdministrativeExpensesAmt |
| End Year Balance | $353,759 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $287,417 | BeginningYearBalanceAmt |
| Contributions | $2,725 | ContributionsAmt |
| Investment Earnings Or Losses | $30,930 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $3,027 | AdministrativeExpensesAmt |
| End Year Balance | $318,045 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $281,276 | BeginningYearBalanceAmt |
| Contributions | $5,022 | ContributionsAmt |
| Investment Earnings Or Losses | $3,988 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,869 | AdministrativeExpensesAmt |
| End Year Balance | $287,417 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,682,401 | OtherCostOrOtherBasisAmt |
| Book Value | $1,682,401 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,224,705 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,735,272 | DepreciationAmt |
| Book Value | $14,489,433 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,087,372 | OtherCostOrOtherBasisAmt |
| Depreciation | $476,108 | DepreciationAmt |
| Book Value | $611,264 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,532,300 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,141,795 | DepreciationAmt |
| Book Value | $1,390,505 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $18,173,603 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Interest in assets held by others | $495,912 |
| Other receivables | $5,879 |
| Financing lease right of use | $78,580 |
| Operating lease right of use | $358,844 |
| ERC Receivable | $439,614 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,378,829 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Custodial accounts | $217,367 |
| Financing lease liability | $75,823 |
| Operating lease liability | $361,601 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $654,791 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $11,724,012 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $32,807 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $32,807 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,691,205 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,323,170 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,323,170 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,014,375 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $12,644,388 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,644,388 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,323,170 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,323,170 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $13,967,558 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | Endowment funds are held to provde scholarships to students of the organization. |
| Part X, Line 2: | FASB ASC 740, "Accounting for Uncertainty in Income Taxes" clarified the accounting for the recognition and measurement of uncertainties in income taxes recognized in an entity's financial statements and prescribes a threshold of more likely-than-not for recognition of tax positions taken or expected to be taken in a tax return. The Academy's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the Internal Revenue Code and Regulations, Revenue Rulings, court decisions and other evidence. |
| Part XI, Line 4b - Other Adjustments: | Financial aid 1,323,170. |
| Part XII, Line 4b - Other Adjustments: | Financial aid 1,323,170. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule E, Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | Newspaper advertisements and brochure list nondiscrimination policy. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Gala | Event1Nm |
| Gross Receipts Event1 | $283,179 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $139,200 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $143,979 | GrossRevenueEvent1Amt |
| Gross Receipts Total | $283,179 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $139,200 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $143,979 | GrossRevenueTotalEventsAmt |
| Net Income Summary | $143,979 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Financial aid | GrantTypeTxt |
| Recipient | 308 | RecipientCnt |
| Cash Grant | $1,323,170 | CashGrantAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| William George | ||||||||||||||
| CEO/Head of School | $206,906 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $23,798 | $0 | $230,704 | $0 | $0 | $0 |
| William Putnam | ||||||||||||||
| CFO | $84,220 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $74,271 | $0 | $158,491 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | A committee is solely responsible for compensation issues. | ExplanationTxt |
Schedule M IRS990ScheduleM
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $34,300 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Orthodontics package | 1 | $15,000 | Fair market value |
| Yes (X) | Gravel, grading and parking lot | 1 | $8,175 | Cost |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Board Chairman, Joshua Bradshaw and Board Member Rachel McNabb are cousins. |
| Form 990, Part VI, Section A, line 6 | Current parents, staff, grandparent and great-grandparents as well as alumni, alumni parents, former staff and former board members are eligiblefor corporation membership. The Corporation as a body elects the Board of Directors and votes on major school decisions. |
| Form 990, Part VI, Section A, line 7a | The Corporation as a body elects the Board of Directors and votes on major school decisions. |
| Form 990, Part VI, Section A, line 7b | The Corporation as a body elects the Board of Directors and votes on major school decisions. |
| Form 990, Part VI, Section B, line 11b | A copy of the 990 is provided to the Board for review |
| Form 990, Part VI, Section B, line 12c | Any conflicts of interest are presented at board meetings and is covered under board policy 4.5.3.B which states: When the Board is to decide upon an issue about which member has a conflict of interest, that member shall disclose the conflict to the Board and absent herself or himself without comment from not only the vote but also from the deliberation. |
| Form 990, Part VI, Section B, line 15 | The Head of the School's contract is reviewed every three years. The"Head's Review Committee" is solely responsible for compensation issues. Compensation Management is covered in policy 2.6 and states: The Head of School will not cause or allow jeopardy to the organization's fiscal integrity or public image when dealing with employment, compensation and benefits for employees, consultants or contractors. The Head of School will not: 1, Change his own compensation. 2. Change his own benefits, except as consistent with a package for all other employees. 3. Promise or imply anything other than "at-will" employment. 4. Establish current compensation and benefits that deviate materially from the geographic and/or professional market value for the skills employed. 5. Pertaining to consultants and contract vendors, create obligations over a longer term than revenues can be safely projected, in no event longer than one year. 6. Establish or change retirement benefits so as to cause situations that are unpredictable for the organization, or inequitable for employees. |
| Form 990, Part VI, Section C, line 19 | All governing documents are available upon request |
| Form 990, Part IX, line 24e | J Term: Program service expenses 215,632. Management and general expenses 0. Fundraising expenses 0. Total expenses 215,632. Student related activities: Program service expenses 202,364. Management and general expenses 0. Fundraising expenses 0. Total expenses 202,364. Fine arts supply: Program service expenses 149,558. Management and general expenses 0. Fundraising expenses 0. Total expenses 149,558. Student activities: Program service expenses 145,328. Management and general expenses 0. Fundraising expenses 0. Total expenses 145,328. Professional advancement: Program service expenses 139,164. Management and general expenses 0. Fundraising expenses 0. Total expenses 139,164. Athletics: Program service expenses 116,609. Management and general expenses 0. Fundraising expenses 0. Total expenses 116,609. Food: Program service expenses 108,231. Management and general expenses 0. Fundraising expenses 0. Total expenses 108,231. Gifts to faculty/staff: Program service expenses 101,658. Management and general expenses 0. Fundraising expenses 0. Total expenses 101,658. Supplies: Program service expenses 88,556. Management and general expenses 0. Fundraising expenses 0. Total expenses 88,556. Gala and auction: Program service expenses 0. Management and general expenses 0. Fundraising expenses 76,976. Total expenses 76,976. Contract labor: Program service expenses 0. Management and general expenses 58,710. Fundraising expenses 1,553. Total expenses 60,263. Vehicle maintenance: Program service expenses 0. Management and general expenses 54,883. Fundraising expenses 0. Total expenses 54,883. Development: Program service expenses 0. Management and general expenses 0. Fundraising expenses 48,000. Total expenses 48,000. Testing: Program service expenses 28,008. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,008. Workers compensation: Program service expenses 0. Management and general expenses 19,024. Fundraising expenses 0. Total expenses 19,024. Library and media: Program service expenses 13,755. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,755. Dues and subscriptions: Program service expenses 9,208. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,208. Faculty recruitment: Program service expenses 4,383. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,383. |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NC FEMA - EM-3617The taxpayer or tax preparer is located in a federally declared disaster area due to Hurricane Helene and has been granted an addition extension of time to file until September 25, 2025, pursuant to NC-2025-01 dated April 17th, 2025. | ExplanationTxt |
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