2016-02-12T13:50:34-06:00 2015-06-30 McPhillips Roberts & Deans PLC 150 Boush Street Suite 1100 Norfolk VA 23510 990 2014-07-01 540551901 THE NORFOLK ACADEMY % JEFFREY A MARTIN NORF 7574616236 1585 WESLEYAN DRIVE NORFOLK VA 23502 JEFFREY A MARTIN BUSINESS MANAGER 7574616236 2016-02-01 true James E Prince III P00559346 7576407190 2014 2016-08-17 19:52:53Z DENNIS G MANNING 1585 WESLEYAN DRIVE NORFOLK VA 23502 42542648 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. 30 25 492 1300 -46662 -80353 2921675 16528352 22981764 23490485 824169 798501 1072234 1171991 27799842 41989329 0 0 0 0 17840737 17800713 0 0 1090137 10643306 10514658 28484043 28315371 -684201 13673958 99787089 115826338 16946523 15970449 82840566 99855889 X THE NORFOLK ACADEMY IS A COLLEGE PREPARATORY CO-EDUCATIONAL DAY SCHOOL THAT STRIVES TO ASSIST ITS STUDENTS TO DEVELOP MATURITY OF BODY, MIND, AND CHARACTER. 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 821245 701421 SUMMER SCHOOL & OTHER SPONSORED PROGRAMS 22054648 22789064 INSTRUCTIONAL & GENERAL PROGRAMS FOR STUDENTS GRADES 1 - 12 22875893 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 101 0 true 492 true true true false false false false false false false false false false false false X 30 25 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 X BARCLAY C WINN TREASURER 3.0 0.0 X 0 0 0 DR THOMAS A ALBERICO PRESIDENT OF THE BOARD 5.0 0.0 X 0 0 0 ADRIENNE PRUDEN ASHBY TRUSTEE 1.0 0.0 X 0 0 0 RICHARD C BURROUGHS SECRETARY 3.0 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 VICE PRESIDENT - DEVELOPMENT 3.0 0.0 X 0 0 0 DAVID T LAWSON TRUSTEE 1.0 0.0 X 0 0 0 WINIFRED J MARQUART TRUSTEE 1.0 0.0 X 0 0 0 ALFRED M RANDOLPH JR VICE PRESIDENT EDUCATION 3.0 0.0 X 0 0 0 ALFRED F RITTER JR TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM R VAN BUREN III TRUSTEE 1.0 0.0 X 0 0 0 C BENJAMIN VANDERBERRY TRUSTEE 1.0 0.0 X 0 0 0 LEAH WAITZER TRUSTEE 1.0 0.0 X 0 0 0 SUSAN S WYNNE TRUSTEE 1.0 0.0 X 0 0 0 WARREN HARRIS TRUSTEE 1.0 0.0 X 0 0 0 SALLY OLD KITCHIN TRUSTEE 1.0 0.0 X 0 0 0 ALLAN L PARROTT JR TRUSTEE 1.0 0.0 X 0 0 0 TRACY G SAVAGE TRUSTEE 1.0 0.0 X 0 0 0 FRANCES L BEASLEY TRUSTEE 1.0 0.0 X 0 0 0 RHONDA G DURHAM TRUSTEE 1.0 0.0 X 0 0 0 DR FREDERICK N FINK TRUSTEE 1.0 0.0 X 0 0 0 TIMOTHY J STIFFLER VICE PRESIDENT - FINANCE 3.0 0.0 X 0 0 0 THOMAS RUEGER JR TRUSTEE 1.0 0.0 X 0 0 0 JOHN L GIBSON III TRUSTEE 1.0 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 DENNIS G MANNING HEADMASTER 40.0 0.0 X 471656 0 85667 JEFFREY A MARTIN BUSINESS MANAGER 40.0 0.0 X 159382 0 20292 HERBERT D SOLES ASST HEADMASTER DEVELOPMENT 40.0 0.0 X 159641 0 36647 LINDA R GORSLINE DIRECTOR UPPER SCHOOL 40.0 0.0 X 127833 0 16632 JAMES H LASLEY JR DIRECTOR OF ADMISSIONS 40.0 0.0 X 106692 0 34591 PATRICIA MCLAUGHLIN DIRECTOR LOWER SCHOOL 40.0 0.0 X 106847 0 21311 SEAN WETMORE DIRECTOR CENTER FOR LEADERSHIP 40.0 0.0 X 104866 0 41282 1236917 0 256422 7 false true false ARAMARK CORPORATION 24858 NETWORK PLACE CHICAGO IL 606731248 FACILITIES MGT 296429 TOP GUARD SECURITY PO BOX 284 HAMPTON VA 23669 SECURITY SERVICES 334462 TRANQUEST LLC 994 SCOTT STREET NORFOLK VA 235023147 TRANSPORTATION 870398 MERIWETHER GODSEY 4944 OLD BOONSBORO ROAD LYNCHBURG VA 24503 FOOD SERVICES 1197445 HANBURY EVANS WRIGHT VLATTAS 120 ATLANTIC STREET NORFOLK VA 23510 ARCHITECTURE & ENGIN 367669 5 X 16528352 445752 16528352 TUITION AND FEES 22789064 22789064 DAY CAMP AND SUMMER SCHOOL 701421 701421 23490485 798501 -46662 845163 0 0 70994 70994 0 70994 70994 0 247081 153688 93393 93393 32648 15264 17384 17384 528740 384367 144373 144373 TRANSPORTATION 682138 682138 AFTER SCHOOL 124095 124095 DRIVERS EDUCATION 14700 14700 24914 24914 845847 41989329 23490485 -46662 2017154 X 0 0 0 0 672839 38216 609146 25477 0 12547685 10964433 1103121 480131 1110860 935327 136961 38572 2531420 2140876 328388 62156 937909 886136 16932 34841 0 0 0 0 0 645163 645163 0 0 0 0 0 0 146471 133591 3606 9274 0 136184 73191 61092 1901 375834 16492 344780 14562 0 2232835 2175285 44911 12639 0 CONTRACT LABOR AND SERVICES 2411499 2172086 166667 72746 EQPT RENTAL AND MAINTENANCE 828294 761470 62228 4596 REFECTORY 744310 628592 32389 83329 UTILITIES 656693 639815 13171 3707 2337375 1310383 780786 246206 28315371 22875893 4349341 1090137 X 6790738 8326173 0 0 297044 7330098 194767 177115 350000 290000 0 0 0 0 288240 248475 393275 350472 62722634 31588924 31794369 31133710 0 0 57915645 66163592 0 0 0 0 1763011 1806703 99787089 115826338 3751147 3526640 0 0 1049196 1083424 11884489 11111173 0 0 0 0 0 0 0 0 261691 249212 16946523 15970449 X 37950074 39329512 11528739 21580084 33361753 38946293 82840566 99855889 99787089 115826338 X 13673958 3341365 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 401268 X X X false 47172533 5222069 2605929 1793465 53207066 41096106 1261218 6418248 1603039 47172533 37903719 382561 4260850 1451024 41096106 36284087 2181595 766799 1328762 37903719 31164154 329414 6063524 1273005 36284087 0.07080 0.73200 0.19720 666781 666781 47937002 21978255 25958747 9903413 7761477 2141936 4215438 1849192 2366246 31133710 UBS 108892 LAND & OTHER INVESTMENTS 22750 THE RICHMOND FUND, LP 66031950 66163592 0 ANNUITIES PAYABLE 249212 249212 X 45193117 3310896 538055 3848951 41344166 645163 645163 41989329 28177794 507586 507586 27670208 645163 645163 28315371 FINANCIAL STATEMENT EXPENSES REPORTED ON PART VIII STATEMENT OF REVENUE THE FINANCIAL STATEMENTS REPORT DIRECT COSTS OF FIELD DAY ACTIVITIES [$153,688] AND DIRECT COSTS OF BOOKSTORE ACTIVITIES [$384,367] AS EXPENSES. THESE AMOUNTS OFFSET TOTAL REVENUE REPORTED ON PART VIII OF FORM 990. FINANCIAL STATEMENT EXPENSES REPORTED ON PART VIII STATEMENT OF REVENUE THE SUM OF FIELD DAY EXPENSE [$153,688 ON LINE 8B], BOOKSTORE COST OF SALES [$384,367 ON LINE 10B], AND NET OF THE CHANGES IN POSTRETIREMENT LIABILITY [$30,469]. COLLECTIONS VARIOUS WORKS OF ART ARE ON DISPLAY THROUGHOUT THE NORFOLK ACADEMY CAMPUS, WHICH FURTHERS THE SCHOOL'S MISSION TO "ENGENDER AN AWARENESS AND APPRECIATION OF INTELLECTUAL, AESTHETIC, AND MORAL EXCELLENCE IN A SETTING THAT OFFERS WELL-DEVELOPED PROGRAMS, NOT ONLY IN THE ACADEMIC DISCIPLINES, BUT ALSO IN FINE ARTS AND ATHLETICS." ASC 740 FOOTNOTE DISCLOSURE The Academy is subject to 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, 2015 and 2014. The Academy is, however, required to file a federal tax return. Tax years before 2011 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 247081 247081 10000 4317 139371 0 247081 247081 10000 4317 139371 153688 93393 32648 10000 4317 947 true 1.00000 32648 10000 4317 947 15264 17384 false GAMING PROCEEDS ARE LESS THAN THE AMOUNT REQUIRED FOR A PERMIT false true false 1.00000 JEFF MARTIN BUSINESS MANAGER 1585 WESLEYAN DRIVE NORFOLK VA 23502 false Herbert P Soles 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 459926 0 0 0 11730 0 45770 0 39897 0 557323 0 0 0 HERBERT D SOLES ASST HEADMASTER DEVELOPMENT 159641 0 0 0 0 0 13096 0 23551 0 196288 0 0 0 JEFFREY A MARTIN BUSINESS MANAGER 159382 0 0 0 0 0 3582 0 16710 0 179674 0 0 0 LINE 4B NONQUALIFIED RETIREMENT PLAN DENNIS G. MANNING PARTICIPATES IN A PLAN DESCRIBED IN 457(f) OF THE INTERNAL REVENUE CODE. BASE COMPENSATION FOR MR. MANNING REPORTED IN PART II COLUMN (B)(i) INCLUDES $24,895 CONTRIBUTED TO THE PLAN ON HIS BEHALF DURING THE YEAR. A NORFOLK AIRPORT AUTHORITY 546002580 2010-09-01 5995000 CONSTRUCT & EQUIP TUCKER ARTS false false false B NORTHAMPTON COUNTY DEV AUTHORITY 521298458 2013-08-29 7395000 CONSTRUCT & EQUIP TUCKER ARTS false false false A 0 0 5995000 0 0 0 66857 0 0 5928143 0 0 false false true true B 0 0 7395000 0 0 0 66938 0 0 7328062 0 0 false false true true A false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true B false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true A false false true false false 0 false 0 false true B false false true false false 0 false 0 false true A true B true DENNIS G MANNING HEADMASTER PROMISSORY NOTE X 500000 290000 false true true 290000 MS TRACY G SAVAGE BOARD MEMBER 73564 SALARY FOR BROTHER false MR DENNIS G MANNING OFFICER 27300 SALARY FOR SPOUSE false MR CONRAD M HALL BOARD MEMBER 60304 SALARY FOR SON false MRS SALLY OLD KITCHIN BOARD MEMBER 51458 SALARY FOR DAUGHTER false MR CONRAD M HALL BOARD MEMBER 61759 SALARY FOR DAUGHTER-IN-LAW false MR JOHN L GIBSON III BOARD MEMBER 43139 SALARY FOR SON false MRS SUSAN SNODGRASS WYNNE BOARD MEMBER 38141 SALARY FOR SON false X 2 425 FMV X 1798 FMV X 55 418282 FMV X FUNDRAISING ITEM 2 2308 FMV X PROGRAM ITEMS 7 21907 FMV X EQUIPMENT 2 800 FMV X PROFESSIONAL SERVICES 1 265 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 UNREALIZED GAIN ON INVESTMENTS [$3,310,896] AND NET CHANGES IN POSTRETIREMENT LIABILITY [$30,469].