2025-11-17T11:46:10-06:00 2025-06-30 453936274 BETH MOORE & ASSOCIATES CPAS PO BOX 120547 NEWPORT NEWS VA 23612 990 2024-07-01 540577901 WARE ACADEMY INC WARE 8046933825 7936 JOHN CLAYTON MEMORIAL HIGHWAY GLOUCESTER VA 23061 DAWN FLEET HEAD OF SCHOOL 8046933825 2025-11-17 1 1 LISA CANDELLA CPA P01695830 7572241174 2025-11-17 2024 2025-03-06 01:10:19Z DAWN FLEET 7936 JOHN CLAYTON MEMORIAL HIGHWAY GLOUCESTER VA 23061 4097354 0 X WWW.WAREACADEMY.ORG X 1949 VA WARE ACADEMY IS A COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH EIGHTH GRADE DESIGNED TO EDUCATE THE WHOLE CHILD TO HIS OR HER FULLEST POTENTIAL. 18 18 45 28 0 0 1447506 1017504 2221633 2340093 43147 -12886 -2026 21123 3710260 3365834 431522 364073 0 0 1443594 1510356 0 0 50906 544681 676693 2419797 2551122 1290463 814712 3901949 4741356 516822 541517 3385127 4199839 WARE ACADEMY IS A COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH EIGHTH GRADE WHOSE MISSION IS TO EDUCATE THE WHOLE CHILD TO HIS OR HER FULLEST POTENTIAL. 0 0 2063214 364073 2342413 THE EDUCATION OF STUDENTS FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE. 2063214 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 45 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X THE CORPORATION 8046933825 7936 JOHN CLAYTON MEMORIAL HWY GLOUCESTER VA 23061 DR STAN ALLEN PRESIDENT 1.00 X X 0 0 0 JOHN ELKIN DIRECTOR 2.00 X 0 0 0 DENISE FINNEY DIRECTOR 2.00 X 0 0 0 RACHEL KITTRELL SECRETARY 1.00 X X 0 0 0 AMY VAN FOSSEN DIRECTOR 2.00 X 0 0 0 DR BRAD HENDRICKS DIRECTOR 2.00 X 0 0 0 CARA RANDOLPH DIRECTOR 2.00 X 0 0 0 TYLER FINNEY TREASURER 1.00 X X 0 0 0 JASON ROWE DIRECTOR 2.00 X 0 0 0 SUSAN WADE DIRECTOR 2.00 X 0 0 0 EMMANUEL NESBITT DIRECTOR 2.00 X 0 0 0 CARLTON REVERE VICE PRESIDENT 2.00 X X 0 0 0 MEGHAN TAYLOR DIRECTOR 2.00 X 0 0 0 WHITNEY LAW DIRECTOR 2.00 X 0 0 0 SARAH MATHESON-HARRIS DIRECTOR 2.00 X 0 0 0 JUSTIN REESE DIRECTOR 2.00 X 0 0 0 KATHERINE SMITH DIRECTOR 2.00 X 0 0 0 JACOB WARD DIRECTOR 2.00 X 0 0 0 DAWN FLEET HEAD OF SCHOOL 40.00 X 126613 0 0 126613 0 0 1 0 0 0 0 162397 855107 175000 1017504 TUITION 611110 2241829 2241829 STUDENT ACTIVITIES 611110 98264 98264 2340093 26223 26223 20367 0 20367 20367 20367 579000 618109 -39109 -39109 -39109 63204 162397 83510 -20306 -20306 40603 29901 10702 10702 OTHER INCOME 900099 10360 10360 10360 3365834 2342413 0 5917 364073 364073 126613 97551 26514 2548 1199977 895634 280359 23984 85546 64160 18820 2566 98220 72714 23476 2030 18968 18968 13411 13411 3989 3989 94387 87780 2832 3775 174640 162420 5237 6983 13967 13967 122083 113537 3662 4884 39211 36466 1176 1569 INSTRUCTIONAL EXPENSES 156821 156821 MISCELLANEOUS 18275 18275 BANK CHARGES 8242 8242 CREDIT LOSS PROVISION 8069 8069 4630 2063 2567 2551122 2063214 437002 50906 1011449 310052 203192 0 562831 328235 32263 37211 5092788 1146400 2041592 3946388 50622 55618 0 63852 3901949 4741356 264032 74034 252790 208271 194466 0 64746 516822 541517 X 2775378 4187789 609749 12050 3385127 4199839 3901949 4741356 814712 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 222850 222850 4434473 835974 3598499 369861 300896 68965 65604 9530 56074 3946388 RIGHT-OF-USE LIABILITY 64746 64746 X 3001761 -364073 -364073 3365834 0 3365834 2187049 0 2187049 364073 364073 2551122 PART X, LINE 2: THE ACADEMY HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. THE ACADEMY DOES NOT HAVE ANY UNRELATED BUSINESS TAXABLE INCOME AND MANAGEMENT BELIEVES IT HAS SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. MANAGMENT HAS DETERMINED THE ACADEMY DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2025. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2022, REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS -364,073. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 364,073. 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLICIZED IN VARIOUS LOCAL ADVERTISING MEDIA. AUCTION 174732 162397 12335 24507 31759 GOLF TOURNAMENT 27932 27932 11277 664 5 22937 22937 15303 225601 162397 63204 35784 31759 15967 83510 -20306 1 SCHOLARSHIPS AND OTHER ASSISTANCE 65 364073 X 1 175000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AND APPROVED BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. ANY FAILURE TO DISCLOSE AN INTEREST OR CONTINUE AN INTEREST THAT WAS DEEMED A CONFLICT OF INTEREST WILL CAUSE THE BOARD TO TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF HEAD OF SCHOOL IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES.