NORFOLK ACADEMY: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- NORFOLK ACADEMY (EIN 54-0551901)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-04-26
- IRS object ID
- 201831169349300408
- Schema version
- 2016v3.1
- 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 J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-04-26T09:00:32-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 Boush Street Suite 1100 | AddressLine1Txt |
| City | Norfolk | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23510 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540551901 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NORFOLK ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JEFFREY A MARTIN | InCareOfNm |
| Business Name Control | NORF | BusinessNameControlTxt |
| Phone | 7574616236 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1585 WESLEYAN DRIVE | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23502 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFREY A MARTIN | PersonNm |
| Person Title | ASST. HEADMASTER | PersonTitleTxt |
| Phone | 7574616236 | PhoneNum |
| Signature | 2018-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | James E Prince III | PreparerPersonNm |
| PTIN | P00559346 | PTIN |
| Phone | 7576407190 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 4.30.229.250 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 54222620181165000055 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-04-26 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 19A7500FD4BAEDF610C9BE867EE4C2ECBAA2F976 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 27745B154FC8052976959A067951EB614792E4C1 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DENNIS G MANNING | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1585 WESLEYAN DRIVE | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $37,083,618 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.norfolkacademy.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1960 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | Norfolk Academy seeks to offer a coordinated program for students, building and expanding on knowledge and experience from grades one through twelve. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 455 | TotalEmployeeCnt |
| Total Volunteers | 1300 | TotalVolunteersCnt |
| Total Gross UBI | -$186,407 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$224,645 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $13,855,122 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,914,557 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $23,663,041 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,516,484 | CYProgramServiceRevenueAmt |
| PY Investment Income | $639,918 | PYInvestmentIncomeAmt |
| CY Investment Income | $802,535 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,148,981 | PYOtherRevenueAmt |
| CY Other Revenue | $1,085,257 | CYOtherRevenueAmt |
| PY Total Revenue | $39,307,062 | PYTotalRevenueAmt |
| CY Total Revenue | $36,318,833 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,563,873 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $19,143,499 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,468,740 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,509,017 | PYOtherExpensesAmt |
| CY Other Expenses | $11,348,518 | CYOtherExpensesAmt |
| PY Total Expenses | $29,072,890 | PYTotalExpensesAmt |
| CY Total Expenses | $30,492,017 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $10,234,172 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,826,816 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $123,235,313 | TotalAssetsBOYAmt |
| Total Assets EOY | $144,485,080 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $16,144,859 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,217,763 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $107,090,454 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $121,267,317 | NetAssetsOrFundBalancesEOYAmt |
| Mission | 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, | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $859,241 | ExpenseAmt |
| Revenue | $615,295 | RevenueAmt |
| Desc | SUMMER SCHOOL & OTHER SPONSORED PROGRAMS | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $23,075,060 | ExpenseAmt |
| Revenue | $22,901,189 | RevenueAmt |
| Desc | INSTRUCTIONAL & GENERAL PROGRAMS FOR STUDENTS GRADES 1 - 12 | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $23,934,301 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | Yes (true) | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 67 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 455 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFREY A MARTIN | PersonNm |
| Phone | 7574616236 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1585 WESLEYAN DRIVE | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23502 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BARCLAY C WINN | ||||||||
| TREASURER | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DR THOMAS A ALBERICO | ||||||||
| PRESIDENT OF THE BOARD | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| HELEN E DRAGAS | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| LAWRENCE A BERNERT III | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| GUY R FRIDDELL III | ||||||||
| VICE PRESIDENT - INVESTMENTS | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| CONRAD M HALL | ||||||||
| V PRESIDENT BLDGS AND GROUNDS | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| PETER M ILL | ||||||||
| VICE PRESIDENT - DEVELOPMENT | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| ALFRED M RANDOLPH JR | ||||||||
| VICE PRESIDENT EDUCATION | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM R VAN BUREN III | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| C BENJAMIN VANDERBERRY | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JOHN O WYNNE JR | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| WARREN HARRIS | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| ALLAN L PARROTT JR | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| TRACY G SAVAGE | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| FRANCES L BEASLEY | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| RHONDA G DURHAM | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DR FREDERICK N FINK | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| TIMOTHY J STIFFLER | ||||||||
| VICE PRESIDENT - FINANCE | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS RUEGER JR | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JOHN L GIBSON III | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| FRANK J WOOD III | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JOHN W RUFFIN | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| G DUDLEY WARE JR | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| LD BRITT | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MICHELLE BASS ADAMS | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| CHAMIE BURROUGHS | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| SANDRA LEON | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS PERRY | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DENNIS G MANNING | ||||||||
| HEADMASTER | 40.0 | 0.0 | $628,488 | $0 | $78,593 | Yes (X) | ||
| JEFFREY A MARTIN | ||||||||
| ASST. HEADMASTER, BUSINESS | 40.0 | 0.0 | $189,440 | $0 | $27,722 | Yes (X) | ||
| HERBERT D SOLES | ||||||||
| CAMPAIGN ADVISOR | 40.0 | 0.0 | $123,354 | $0 | $31,912 | Yes (X) | ||
| LINDA R GORSLINE | ||||||||
| DIRECTOR UPPER SCHOOL | 40.0 | 0.0 | $140,896 | $0 | $18,029 | Yes (X) | ||
| PATRICIA MCLAUGHLIN | ||||||||
| DIRECTOR LOWER SCHOOL | 40.0 | 0.0 | $113,136 | $0 | $30,780 | Yes (X) | ||
| MATTHEW R SIGRIST | ||||||||
| DIRECTOR MIDDLE SCHOOL | 40.0 | 0.0 | $115,219 | $0 | $40,730 | Yes (X) | ||
| SEAN WETMORE | ||||||||
| DIRECTOR | 40.0 | 0.0 | $118,386 | $0 | $48,368 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,428,919 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $276,134 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TOP GUARD SECURITY | |||||
| PO BOX 284 | HAMPTON | VA | 23669 | SECURITY SERVICES | $360,860 |
| TRANQUEST LLC | |||||
| 994 SCOTT STREET | NORFOLK | VA | 235023147 | TRANSPORTATION | $820,824 |
| MERIWETHER GODSEY | |||||
| 4944 OLD BOONSBORO ROAD | LYNCHBURG | VA | 24503 | FOOD SERVICES | $1,155,963 |
| HANBURY EVANS WRIGHT VLATTAS | |||||
| 120 ATLANTIC STREET | NORFOLK | VA | 23510 | ARCHITECTURE & ENGIN | $786,996 |
| THE WHITING-TURNER CONTRACTING CO | |||||
| 300 E JOPPA ROAD 8TH FLOOR | BALTIMORE | MD | 21286 | CONSTRUCTION | $10,715,962 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $10,914,557 | AllOtherContributionsAmt |
| Noncash Contributions | $3,783,260 | NoncashContributionsAmt |
| Total Contributions | $10,914,557 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| TUITION AND FEES | $22,901,189 | $22,901,189 |
| DAY CAMP AND SUMMER SCHOOL | $615,295 | $615,295 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,516,484 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $805,462 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$186,407 | UnrelatedBusinessRevenueAmt |
| Exclusion | $991,869 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $74,738 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $74,738 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $74,738 | TotalRevenueColumnAmt |
| Exclusion | $74,738 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $225,602 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $228,529 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$2,927 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,927 | TotalRevenueColumnAmt |
| Exclusion | -$2,927 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $217,354 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $155,965 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $61,389 | TotalRevenueColumnAmt |
| Exclusion | $61,389 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $26,780 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $12,427 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,353 | TotalRevenueColumnAmt |
| Exclusion | $14,353 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $495,641 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $367,864 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $127,777 | TotalRevenueColumnAmt |
| Exclusion | $127,777 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|
| TRANSPORTATION | $669,296 | $669,296 |
| AFTER SCHOOL | $97,362 | $97,362 |
| DRIVERS EDUCATION | $10,325 | $10,325 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,017 | TotalRevenueColumnAmt |
| Exclusion | $30,017 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $807,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $36,318,833 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,516,484 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$186,407 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,074,199 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $839,300 | TotalAmt |
| Program Services | $48,129 | ProgramServicesAmt |
| Management And General | $759,087 | ManagementAndGeneralAmt |
| Fundraising | $32,084 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,192,723 | TotalAmt |
| Program Services | $11,429,441 | ProgramServicesAmt |
| Management And General | $1,129,714 | ManagementAndGeneralAmt |
| Fundraising | $633,568 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,190,460 | TotalAmt |
| Program Services | $989,591 | ProgramServicesAmt |
| Management And General | $153,750 | ManagementAndGeneralAmt |
| Fundraising | $47,119 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,929,383 | TotalAmt |
| Program Services | $2,419,909 | ProgramServicesAmt |
| Management And General | $396,374 | ManagementAndGeneralAmt |
| Fundraising | $113,100 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $991,633 | TotalAmt |
| Program Services | $925,903 | ProgramServicesAmt |
| Management And General | $19,618 | ManagementAndGeneralAmt |
| Fundraising | $46,112 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $760,820 | TotalAmt |
| Management And General | $760,820 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,976 | TotalAmt |
| Program Services | $158,319 | ProgramServicesAmt |
| Management And General | $6,880 | ManagementAndGeneralAmt |
| Fundraising | $18,777 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,063 | TotalAmt |
| Program Services | $61,580 | ProgramServicesAmt |
| Management And General | $44,309 | ManagementAndGeneralAmt |
| Fundraising | $12,174 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,435 | TotalAmt |
| Program Services | $17,701 | ProgramServicesAmt |
| Management And General | $60,236 | ManagementAndGeneralAmt |
| Fundraising | $47,498 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,470,600 | TotalAmt |
| Program Services | $2,402,037 | ProgramServicesAmt |
| Management And General | $37,573 | ManagementAndGeneralAmt |
| Fundraising | $30,990 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CONTRACT LABOR AND SERVICES | $2,765,694 | $2,225,895 | $446,143 | $93,656 |
| EQPT RENTAL AND MAINTENANCE | $548,062 | $499,039 | $44,278 | $4,745 |
| REFECTORY | $766,792 | $641,375 | $43,427 | $81,990 |
| UTILITIES | $708,145 | $689,756 | $10,077 | $8,312 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,900,931 | TotalAmt |
| Program Services | $1,425,626 | ProgramServicesAmt |
| Management And General | $1,176,690 | ManagementAndGeneralAmt |
| Fundraising | $298,615 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,492,017 | TotalAmt |
| Program Services | $23,934,301 | ProgramServicesAmt |
| Management And General | $5,088,976 | ManagementAndGeneralAmt |
| Fundraising | $1,468,740 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,462,342 | BOYAmt |
| EOY | $5,037,321 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,769,556 | BOYAmt |
| EOY | $9,194,188 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,368 | BOYAmt |
| EOY | $186,810 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200,000 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,025 | BOYAmt |
| EOY | $206,431 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $346,358 | BOYAmt |
| EOY | $320,444 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $86,585,437 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $35,624,232 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,423,853 | BOYAmt |
| EOY | $50,961,205 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,664,186 | BOYAmt |
| EOY | $76,106,499 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,981,625 | BOYAmt |
| EOY | $2,372,182 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,235,313 | BOYAmt |
| EOY | $144,485,080 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,303,553 | BOYAmt |
| EOY | $5,823,422 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,296,272 | BOYAmt |
| EOY | $1,457,874 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,315,295 | BOYAmt |
| EOY | $15,747,455 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $229,739 | BOYAmt |
| EOY | $189,012 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,144,859 | BOYAmt |
| EOY | $23,217,763 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,563,457 | BOYAmt |
| EOY | $54,731,671 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,430,506 | BOYAmt |
| EOY | $20,279,832 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,096,491 | BOYAmt |
| EOY | $46,255,814 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,090,454 | BOYAmt |
| EOY | $121,267,317 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,235,313 | BOYAmt |
| EOY | $144,485,080 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,826,816 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $8,350,047 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| FS Audited Basis | FSAuditedBasisGrp | |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $415,268 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,288,740 | BeginningYearBalanceAmt |
| Contributions | $1,512,837 | ContributionsAmt |
| Investment Earnings Or Losses | $5,633,805 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,126,444 | OtherExpendituresAmt |
| End Year Balance | $59,308,938 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $53,207,066 | BeginningYearBalanceAmt |
| Contributions | $5,288,698 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,306,785 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,900,239 | OtherExpendituresAmt |
| End Year Balance | $54,288,740 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,172,533 | BeginningYearBalanceAmt |
| Contributions | $5,222,069 | ContributionsAmt |
| Investment Earnings Or Losses | $2,605,929 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,793,465 | OtherExpendituresAmt |
| End Year Balance | $53,207,066 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,096,106 | BeginningYearBalanceAmt |
| Contributions | $1,261,218 | ContributionsAmt |
| Investment Earnings Or Losses | $6,418,248 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,603,039 | OtherExpendituresAmt |
| End Year Balance | $47,172,533 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $37,903,719 | BeginningYearBalanceAmt |
| Contributions | $382,561 | ContributionsAmt |
| Investment Earnings Or Losses | $4,260,850 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,451,024 | OtherExpendituresAmt |
| End Year Balance | $41,096,106 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.05950 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.77990 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.16060 | TermEndowmentBalanceEOYPct |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $666,781 | InvestmentCostOrOtherBasisAmt |
| Book Value | $666,781 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $59,404,170 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $24,804,726 | DepreciationAmt |
| Book Value | $34,599,444 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $10,212,066 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $8,517,129 | DepreciationAmt |
| Book Value | $1,694,937 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $16,302,420 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $2,302,377 | DepreciationAmt |
| Book Value | $14,000,043 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $50,961,205 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| LAND & OTHER INVESTMENTS | $22,500 |
| THE RICHMOND FUND, LP | $76,083,999 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $76,106,499 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANNUITIES PAYABLE | Desc |
| Amt | $189,012 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $189,012 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $44,411,113 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $8,326,343 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $526,757 | OtherRevenueAmt |
| Revenue Not Reported | $8,853,100 | RevenueNotReportedAmt |
| Revenue Subtotal | $35,558,013 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $760,820 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $760,820 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $36,318,833 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,234,251 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $503,054 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $503,054 | ExpensesNotReportedAmt |
| Expenses Subtotal | $29,731,197 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $760,820 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $760,820 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $30,492,017 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FINANCIAL STATEMENT EXPENSES REPORTED ON PART VIII STATEMENT OF REVENUE | THE FINANCIAL STATEMENTS REPORT DIRECT COSTS OF FIELD DAY ACTIVITIES [$155,965], DIRECT COSTS OF BOOKSTORE ACTIVITIES [$367,865], AND LOSS ON DISPOSITION OF DEPRECIABLE ASSETS [$2,927] 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 [$155,965 ON LINE 8B], BOOKSTORE COST OF SALES [$367,865 ON LINE 10B], LOSS ON DISPOSITION OF DEPRECIABLE ASSETS [$2,927], AND NET OF THE CHANGES IN POSTRETIREMENT LIABILITY [-$23,703]. |
| 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, 2017 and 2016. THE ACADEMY IS, HOWEVER, REQUIRED TO FILE A FEDERAL TAX RETURN. TAX YEARS BEFORE 2012 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. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed States | VA | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Field Day | Event1Nm |
| Gross Receipts Event1 | $217,354 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $217,354 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $10,000 | CashPrizesEvent1Amt |
| Other Direct Expenses Event1 | $145,965 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $217,354 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $217,354 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $10,000 | CashPrizesTotalEventsAmt |
| Oth Direct Expnss Total Events | $145,965 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $155,965 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $61,389 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $26,780 | GrossRevenueOtherGamingAmt |
| Cash Prizes Other Gaming | $10,000 | CashPrizesOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $2,427 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | Yes (true) | VolunteerLaborOtherGamingInd |
| Volunteer Labor Other Gaming | 1.00000 | VolunteerLaborOtherGamingPct |
| Gross Revenue Total Gaming | $26,780 | GrossRevenueTotalGamingAmt |
| Cash Prizes Total Gaming | $10,000 | CashPrizesTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $2,427 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $12,427 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $14,353 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | VA | StatesWhereGamingConductedCd |
| Licensed | false | LicensedInd |
| Explanation If No | GAMING PROCEEDS ARE LESS THAN THE AMOUNT REQUIRED FOR A PERMIT | ExplanationIfNoTxt |
| License Suspended Etc | false | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | Yes (true) | GamingWithNonmembersInd |
| Member Of Other Entity | false | MemberOfOtherEntityInd |
| Gaming Own Facility | 1.00000 | GamingOwnFacilityPct |
| Individual With Books | JEFF MARTIN AST HEADMASTER FOR BU | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1585 WESLEYAN DRIVE | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | false | CntrctWith3rdPrtyForGameRevInd |
| Gaming Manager Person | Grayson Bryant | GamingManagerPersonNm |
| Gaming Manager Services Prov | Assistant Headmaster for Development | GamingManagerServicesProvTxt |
| Gaming Manager Is Employee | Yes (X) | GamingManagerIsEmployeeInd |
| Charitable Distribution Rqr | false | CharitableDistributionRqrInd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DENNIS G MANNING | ||||||||||||||
| HEADMASTER | $616,071 | $0 | $0 | $0 | $12,417 | $0 | $35,347 | $0 | $43,246 | $0 | $707,081 | $0 | $0 | $0 |
| HERBERT D SOLES | ||||||||||||||
| CAMPAIGN ADVISOR | $123,354 | $0 | $0 | $0 | $0 | $0 | $11,729 | $0 | $20,183 | $0 | $155,266 | $0 | $0 | $0 |
| LINDA R GORSLINE | ||||||||||||||
| DIRECTOR UPPER SCHOOL | $140,896 | $0 | $0 | $0 | $0 | $0 | $15,308 | $0 | $2,721 | $0 | $158,925 | $0 | $0 | $0 |
| JEFFREY A MARTIN | ||||||||||||||
| ASST. HEADMASTER, BUSINESS | $189,440 | $0 | $0 | $0 | $0 | $0 | $10,297 | $0 | $17,425 | $0 | $217,162 | $0 | $0 | $0 |
| MATTHEW R SIGRIST | ||||||||||||||
| DIRECTOR MIDDLE SCHOOL | $115,219 | $0 | $0 | $0 | $0 | $0 | $6,777 | $0 | $33,953 | $0 | $155,949 | $0 | $0 | $0 |
| SEAN WETMORE | ||||||||||||||
| DIRECTOR | $118,386 | $0 | $0 | $0 | $0 | $0 | $12,894 | $0 | $35,474 | $0 | $166,754 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 $74,684 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. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| NORFOLK ECON DEVELOPMENT AUTHORITY | |||||||
| A | 521375010 | 2016-08-31 | $10,864,224 | REFI CONSTRUCT & EQUIP BUILDINGS | false | false | false |
| NORFOLK ECON DEVELOPMENT AUTHORITY | |||||||
| B | 521375010 | 2016-08-31 | $20,000,000 | CONSTRUCT & EQUIP BUILDINGS | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $10,864,223 | $0 | $0 | $0 | $315,333 | $0 | $0 | $10,548,890 | $0 | $0 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $800,000 | $0 | $0 | $0 | $0 | $0 | $0 | $800,000 | $0 | $0 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0 | false | false | false | Yes (true) |
| B | false | false | false | false | 0 | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Business Name Line1GICProviderName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|
| 0 | |||||||
| A | false | false | Yes (true) | false | false | false | 0 |
| 0 | |||||||
| B | false | false | Yes (true) | false | Yes (true) | false | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd |
|---|
| A |
| B |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DENNIS G MANNING | PersonNm |
| Loan Purpose | PROMISSORY NOTE | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $500,000 | OriginalPrincipalAmt |
| Balance Due | $100,000 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $100,000 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc |
|---|---|---|
| MS TRACY G SAVAGE | ||
| TRUSTEE | $68,150 | SALARY FOR BROTHER |
| MR CONRAD M HALL | ||
| TRUSTEE | $59,588 | SALARY FOR SON |
| MR CONRAD M HALL | ||
| TRUSTEE | $60,274 | SALARY FOR DAUGHTER-IN-LAW |
| MR JOHN L GIBSON III | ||
| TRUSTEE | $51,258 | SALARY FOR SON |
| MR JOHN L GIBSON III | ||
| TRUSTEE | $55,848 | SALARY FOR DAUGHTER-IN-LAW |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,425 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $1,278 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 186 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,720,209 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | FUNDRAISING ITEM | 7 | $8,777 | FMV |
| Yes (X) | PROGRAM ITEMS | 9 | $6,654 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 UNREALIZED GAIN ON INVESTMENTS [$8,326,343] AND NET CHANGES IN POSTRETIREMENT LIABILITY [$23,703]. |