2019-05-01T10:20:16-05:00 2018-06-30 BDO USA LLP 150 Boush Street Suite 1100 Norfolk VA 23510 990 2017-07-01 540551901 The Norfolk Academy % JEFFREY A MARTIN NORF 7574616236 1585 Wesleyan Drive Norfolk VA 23502 JEFFREY A MARTIN ASST. HEADMASTER 7574616236 2019-02-06 true James E Prince III P00559346 7576407190 2019-02-06 4.30.229.250 54222620191215000015 2019-05-01 P EC4BAAF5401BBC36D6C9BCA677EFD12BE775D1CF 27745B154FC8052976959A067951EB614792E4C1 2017 2019-02-21 02:37:17Z Dennis G Manning 1585 Wesleyan Drive Norfolk VA 23502 36081299 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 24 493 1300 -238501 -279506 10914557 9507475 23516484 24010929 802535 796177 1085257 1146832 36318833 35461413 0 0 0 0 19143499 19765019 0 0 1469758 11348518 11769142 30492017 31534161 5826816 3927252 144485080 158222547 23217763 25933694 121267317 132288853 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. 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, false false 899677 648402 SUMMER SCHOOL & OTHER SPONSORED PROGRAMS 24341299 23362527 INSTRUCTIONAL & GENERAL PROGRAMS FOR STUDENTS GRADES 1 - 12 25240976 true true false false false false true false true true true false false true true true false true false false false false false true true 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 80 0 true 493 true true true false false false false false false false false false X 28 24 true false false false false false false true true false false false true true true true true true true false X JEFFREY A MARTIN 7574616236 1585 WESLEYAN DRIVE NORFOLK VA 23502 BARCLAY C WINN TREASURER 3.0 0.0 X 0 0 0 DR THOMAS A ALBERICO Trustee 1.0 0.0 X 0 0 0 RICHARD C BURROUGHS TRUSTEE 1.0 0.0 X 0 0 0 HELEN E DRAGAS TRUSTEE 1.0 0.0 X 0 0 0 LAWRENCE A BERNERT III TRUSTEE 1.0 0.0 X 0 0 0 GUY R FRIDDELL III VICE PRESIDENT - INVESTMENTS 3.0 0.0 X 0 0 0 CONRAD M HALL V PRESIDENT BLDGS AND GROUNDS 3.0 0.0 X 0 0 0 PETER M ILL TRUSTEE 1.0 0.0 X 0 0 0 ALFRED M RANDOLPH JR VICE PRESIDENT - FINANCE 3.0 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 WARREN HARRIS TRUSTEE 1.0 0.0 X 0 0 0 TRACY G SAVAGE TRUSTEE 1.0 0.0 X 0 0 0 FRANCES L BEASLEY VICE PRESIDENT - EDUCATION 3.0 0.0 X 0 0 0 RHONDA G DURHAM TRUSTEE 1.0 0.0 X 0 0 0 TIMOTHY J STIFFLER President of the Board 5.0 0.0 X 0 0 0 THOMAS RUEGER JR TRUSTEE 1.0 0.0 X 0 0 0 JOHN L GIBSON III VICE PRESIDENT - DEVELOPMENT 3.0 0.0 X 0 0 0 FRANK J WOOD III TRUSTEE 1.0 0.0 X 0 0 0 JOHN W RUFFIN TRUSTEE 1.0 0.0 X 0 0 0 G DUDLEY WARE JR TRUSTEE 1.0 0.0 X 0 0 0 MICHELLE BASS ADAMS TRUSTEE 1.0 0.0 X 0 0 0 SANDRA PORTER LEON TRUSTEE 1.0 0.0 X 0 0 0 LEENY KELLY OBERG TRUSTEE 1.0 0.0 X 0 0 0 DR LD BRITT TRUSTEE 1.0 0.0 X 0 0 0 J CHRISTOPHER PERRY TRUSTEE 1.0 0.0 X 0 0 0 SAMUEL E STEINGOLD TRUSTEE 1.0 0.0 X 0 0 0 JOHN O WYNNE JR TRUSTEE 1.0 0.0 X 0 0 0 DENNIS G MANNING HEADMASTER 40.0 0.0 X 659471 0 73979 JEFFREY A MARTIN ASST. HEADMASTER, BUSINESS 40.0 0.0 X 204525 0 29164 PATRICIA MCLAUGHLIN DIRECTOR LOWER SCHOOL 40.0 0.0 X 116546 0 29369 SEAN WETMORE DIRECTOR CENTER FOR LEADERSHIP 40.0 0.0 X 119322 0 54578 GRAYSON K BRYANT ASSISTANT HEADMASTER 40.0 0.0 X 166978 0 42153 MATTHEW R SIGRIST DIRECTOR, MIDDLE SCHOOL 40.0 0.0 X 117087 0 45961 LINDA R GORSLINE ASSOCIATE HEADMASTER 40.0 0.0 X 142968 0 18380 JENNIFER SCOTT DIRECTOR, COLLEGE COUNSELING 40.0 0.0 X 119807 0 25501 1646704 0 319085 16 false true false THE WHITING-TURNER CONTRACTING CO 300 E JOPPA RD 8TH FLOOR BALTIMORE MD 21286 CONSTRUCTION 12620704 TOP GUARD SECURITY PO BOX 284 HAMPTON VA 23669 SECURITY SERVICES 355381 TRANQUEST LLC 994 SCOTT STREET NORFOLK VA 235023147 TRANSPORTATION 835548 MERIWETHER GODSEY 4944 OLD BOONSBORO ROAD LYNCHBURG VA 24503 FOOD SERVICES 1447987 SOUTHEASTERN MECHANICAL INC 820 JUNIPER CRESCENT SUITE B CHESAPEAKE VA 23320 HVAC SERVICES 1066660 11 9507475 4195946 9507475 TUITION AND FEES 23362527 23362527 DAY CAMP AND SUMMER SCHOOL 648402 648402 24010929 791708 -238501 1030209 0 0 81615 81615 0 81615 81615 51844 47375 4469 4469 4469 225938 165820 60118 60118 26359 11787 14572 14572 515125 394904 120221 120221 TRANSPORTATION 660334 660334 AFTER SCHOOL 111271 111271 OTHER MISCELLANEOUS REVENUE 98701 98701 870306 35461413 24010929 -238501 2181510 0 0 0 0 770555 41934 700665 27956 0 13608924 11814437 1231208 563279 1166149 975338 150448 40363 3216612 2638742 426271 151599 1002779 947386 17330 38063 0 0 0 0 0 957762 957762 0 0 0 0 0 0 201886 180052 5897 15937 0 103831 62905 34678 6248 290720 18869 254566 17285 0 2848898 2770558 42931 35409 0 CONTRACT LABOR AND SERVICES 2635898 2320766 261794 53338 EQPT RENTAL AND MAINTENANCE 474899 444969 23841 6089 REFECTORY 859338 668057 65232 126049 UTILITIES 768647 747510 11583 9554 2627263 1609453 639221 378589 31534161 25240976 4823427 1469758 5037321 7144445 0 0 9194188 8527567 186810 194488 100000 0 0 0 0 0 206431 187628 320444 372070 99600106 38428225 50961205 61171881 0 0 76106499 78522311 0 0 0 0 2372182 2102157 144485080 158222547 5823422 6171899 0 0 1457874 1387981 15747455 18203495 0 0 0 0 0 0 0 0 189012 170319 23217763 25933694 X 54731671 62056310 20279832 22662207 46255814 47570336 121267317 132288853 144485080 158222547 X 3927252 7083828 10456 X false true X true false X 429768 X X X false 59308938 895981 4232217 2236934 62200202 54288740 1512837 5633805 2126444 59308938 53207066 5288698 -2306785 1900239 54288740 47172533 5222069 2605929 1793465 53207066 41096106 1261218 6418248 1603039 47172533 0.06070 0.76480 0.17450 666781 666781 64441413 26802731 37638682 12310143 9002832 3307311 22181769 2622662 19559107 61171881 LAND & OTHER INVESTMENTS 22500 THE RICHMOND FUND, LP 78499811 78522311 0 ANNUITIES PAYABLE 170319 170319 42143734 7083828 556255 7640083 34503651 957762 957762 35461413 31122198 545799 545799 30576399 957762 957762 31534161 FINANCIAL STATEMENT EXPENSES REPORTED ON PART VIII STATEMENT OF REVENUE THE FINANCIAL STATEMENTS REPORT DIRECT COSTS OF FIELD DAY ACTIVITIES [$165,820 ON LINE 8B], DIRECT COSTS OF BOOKSTORE ACTIVITIES [$394,904], AND GAIN ON DISPOSITION OF DEPRECIABLE ASSETS [-$4,469] AS EXPENSES. THESE AMOUNTS NET WITH 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 [$165,820 ON LINE 8B], BOOKSTORE COST OF SALES [$394,904 ON LINE 10B], GAIN ON DISPOSITION OF DEPRECIABLE ASSETS [-$4,469], AND NET OF THE CHANGES IN POSTRETIREMENT LIABILITY [-$10,456]. 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 income 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, 2018 and 2017. The Academy is, however, required to file a federal tax return. Tax years before 2014 are generally 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. true true true true true true true false false false false false false false false true 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 225938 225938 10000 155820 0 225938 225938 10000 155820 165820 60118 26359 10000 1787 true 1.00000 26359 10000 1787 11787 14572 VA false GAMING PROCEEDS ARE LESS THAN THE AMOUNT REQUIRED FOR A PERMIT false true false 1.00000 JEFF MARTIN AST HEADMASTER FOR BU 1585 WESLEYAN DRIVE NORFOLK VA 23502 false GRAYSON BRYANT Assistant Headmaster for Development X false X X X X true true X X X X false true false false false false false false false DENNIS G MANNING HEADMASTER 646856 12615 29370 44609 733450 JEFFREY A MARTIN ASST. HEADMASTER, BUSINESS 204525 11139 18025 233689 SEAN WETMORE DIRECTOR CENTER FOR LEADERSHIP 119322 13889 40689 173900 GRAYSON K BRYANT ASSISTANT HEADMASTER 166978 9499 32654 209131 MATTHEW R SIGRIST DIRECTOR, MIDDLE SCHOOL 117087 6947 39014 163048 LINDA R GORSLINE ASSOCIATE HEADMASTER 142968 15741 2639 161348 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 $82,983 CONTRIBUTED TO THE PLAN ON HIS BEHALF DURING THE YEAR. LINE 1A TAX INDEMNIFICATION THE ACADEMY PROVIDES ADDITIONAL CASH COMPENSATION TO THE HEADMASTER TO OFFSET THE INCOME TAXES STEMMING FROM CERTAIN NONCASH COMPENSATION. A NORFOLK ECON DEVELOPMENT AUTHORITY 521375010 2016-08-31 10864224 REFI CONSTRUCT & EQUIP BUILDINGS false false false B NORFOLK ECON DEVELOPMENT AUTHORITY 521375010 2016-08-31 20000000 CONSTRUCT & EQUIP BUILDINGS false false false A 0 0 9440161 0 0 0 286667 0 0 9153494 0 0 true false true true B 0 0 9050000 0 0 0 0 0 0 9050000 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 false 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 MS TRACY G SAVAGE TRUSTEE 84540 SALARY FOR BROTHER MR CONRAD M HALL TRUSTEE 62991 SALARY FOR SON MR CONRAD M HALL TRUSTEE 29136 SALARY FOR DAUGHTER-IN-LAW MR JOHN L GIBSON III TRUSTEE 52078 SALARY FOR SON MR JOHN L GIBSON III TRUSTEE 57515 SALARY FOR DAUGHTER-IN-LAW MR BARCLAY C WINN TRUSTEE 42577 SALARY FOR DAUGHTER X 1231 FMV X 116 4206417 FMV X FUNDRAISING ITEM 9 16168 FMV X PROGRAM ITEMS 13 13099 FMV X MISCELLANEOUS 3 2100 FMV false true false FAMILY AND BUSINESS RELATIONSHIPS WILLIAM R. VAN BUREN III, ALFRED M. RANDOLPH, JR., AND THE HUSBAND OF HELEN E. DRAGAS ARE ALL MEMBERS OF THE SAME LAW FIRM. 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. CONFLICT OF INTEREST POLICY THE BOARD OF TRUSTEES REVIEWS CONFLICT OF INTEREST STATEMENTS THAT OFFICERS AND TRUSTEES ARE REQUIRED TO COMPLETE ANNUALLY. COMPENSATION THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES COMPENSATION AFTER BENCHMARKING AND DOCUMENTING APPROPRIATE DATA. PUBLIC DISCLOSURE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GRANTS TO INTERESTED PERSONS NO GRANT OR OTHER ASSISTANCE WAS PROVIDED TO AN OFFICER, DIRECTOR, TRUSTEE, OR SUBSTANTIAL CONTRIBUTOR, OR TO A PERSON RELATED TO SUCH AN INDIVIDUAL. TUITION REMISSION WAS PROVIDED FOR THE CHILDREN OF KEY EMPLOYEES BASED ON THE TUITION REMISSION POLICY FOR ALL EMPLOYEES OF THE SCHOOL. FORM 990, PART XI, LINE 9 RECONCILIATION OF NET ASSETS OTHER CHANGES IN NET ASSETS INCLUDES NET CHANGES IN POSTRETIREMENT LIABILITY [$10,456].