2014-02-13T13:04:37-06:00 2013-06-30 McPhillips Roberts & Deans PLC 150 Boush Street Suite 1100 Norfolk VA 23510 990 2012-07-01 540551901 THE NORFOLK ACADEMY % JEFF MARTIN NORF 7574616236 1585 WESLEYAN DRIVE Suite NORFOLK VA 23502 JEFF MARTIN 7574616236 2014-02-10 true James E Prince III 7576407190 2012 2015-11-30 17:44:51Z DENNIS G MANNING 1585 WESLEYAN DRIVE NORFOLK VA 23502 26949996 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 25 497 1301 0 3890103 2088799 21773207 22659788 526452 307854 1107823 1136659 27297585 26193100 0 0 0 0 16433452 17072480 0 0 1415342 9587368 9696238 26020820 26768718 1276765 -575618 89322490 92239740 18323361 16698712 70999129 75541028 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 781309 819273 SUMMER SCHOOL & OTHER SPONSORED PROGRAMS 20968244 21840515 INSTRUCTIONAL & GENERAL PROGRAMS FOR STUDENTS GRADES 1 - 12 21749553 true true false false false false true false true true false false false true false 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 90 0 true 497 true false false false false false false false false false false false false false X 28 25 true false false false false false false true true false false false true true true true true true true false X JEFF MARTIN 7574616236 1585 WESLEYAN DRIVE NORFOLK VA 23502 X BARCLAY C WINN 1.0 X 0 0 0 DR THOMAS A ALBERICO 3.0 X 0 0 0 ADRIENNE PRUDEN ASHBY 1.0 X 0 0 0 RICHARD C BURROUGHS 3.0 X 0 0 0 RICHARD G DIAMONSTEIN 1.0 X 0 0 0 HELEN E DRAGAS 1.0 X 0 0 0 LAWRENCE A BERNERT III 1.0 X 0 0 0 GUY R FRIDDELL III 3.0 X 0 0 0 CONRAD M HALL 1.0 X 0 0 0 PETER M ILL 3.0 X 0 0 0 DAVID T LAWSON 1.0 X 0 0 0 WINIFRED J MARQUART 3.0 X 0 0 0 ALFRED M RANDOLPH JR 3.0 X 0 0 0 ALFRED F RITTER JR 3.0 X 0 0 0 WILLIAM R VAN BUREN III 5.0 X 0 0 0 C BENJAMIN VANDERBERRY 1.0 X 0 0 0 LEAH WAITZER 1.0 X 0 0 0 WAYNE F WILBANKS 1.0 X 0 0 0 SUSAN S WYNNE 1.0 X 0 0 0 WARREN HARRIS 1.0 X 0 0 0 SALLY OLD KITCHEN 1.0 X 0 0 0 ALLAN L PARROTT JR 1.0 X 0 0 0 TRACY G SAVAGE 1.0 X 0 0 0 FRANCES L BEASLEY 1.0 X 0 0 0 RHONDA G DURHAM 1.0 X 0 0 0 DR FREDERICK N FINK 1.0 X 0 0 0 TIMOTHY J STIFFLER 1.0 X 0 0 0 THOMAS RUEGER JR 1.0 X 0 0 0 DENNIS G MANNING 40.0 X 404988 0 99933 SANDRA T KAL 40.0 X 199444 0 59618 GARRETT C LAWS 40.0 X 139294 0 21352 HERBERT D SOLES 40.0 X 152259 0 35239 LINDA R GORSLINE 40.0 X 119286 0 15509 PAUL M FEAKINS 40.0 X 111450 0 26853 JAMES H LASLEY JR 40.0 X 101926 0 28824 1228647 0 287328 9 false true false ARAMARK CORPORATION 24858 NETWORK PLACE CHICAGO IL 606731248 FACILITIES MGT 287533 TOP GUARD SECURITY PO BOX 284 HAMPTON VA 23669 SECURITY SERVICES 317250 TRANQUEST LLC 994 SCOTT STREET NORFOLK VA 235023147 TRANSPORTATION 854698 MERIWETHER GODSEY 4944 OLD BOONSBORO ROAD LYNCHBURG VA 24503 FOOD SERVICES 1267805 4 X 2088799 392216 2088799 TUITION AND FEES 21840515 21840515 DAY CAMP AND SUMMER SCHOOL 819273 819273 22659788 327202 327202 0 0 74132 74132 0 74132 74132 800 20148 -19348 -19348 -19348 429034 321226 107808 107808 17316 5298 12018 12018 571413 410224 161189 161189 TRANSPORTATION 658712 658712 AFTER SCHOOL 103900 103900 DRIVERS EDUCATION 18900 18900 781512 26193100 22659788 1444513 X 0 0 0 0 650412 33443 594673 22296 0 12232559 10516975 1121534 594050 1092053 903884 146684 41485 2174352 1819866 295631 58855 923104 863413 17734 41957 0 0 0 0 0 0 0 0 0 0 0 0 126412 104040 8893 13479 0 104652 61052 33728 9872 624900 15059 597141 12700 0 2180117 2123926 12341 43850 0 ADVERTISING 67864 13837 54027 CONTRACT LABOR AND SERVICES 2339447 2153441 122295 63711 DUES, SUBSCRIPTIONS, AND LICEN 140058 53175 80325 6558 GIFTS 44489 7209 11366 25914 4068299 3080233 507451 480615 26768718 21749553 3603823 1415342 X 6154648 6178627 0 0 1135590 492429 304639 223332 395000 380000 0 0 0 0 336182 311557 358512 438213 60068127 27684824 34179489 32383303 45139541 50251521 0 0 0 0 0 0 1318889 1580758 89322490 92239740 2585515 2811823 0 0 1089012 1164080 13732499 11992187 0 0 0 0 0 0 0 0 916335 730622 18323361 16698712 X 34354199 36016117 6368009 8314116 30276921 31210795 70999129 75541028 89322490 92239740 X -575618 5117517 X false true X true false X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11684 389030 X X X false 37903719 382561 4260850 1451024 41096106 36284087 2181595 766799 1328762 37903719 31164154 329414 6063524 1273005 36284087 29615803 187577 2684202 1323428 31164154 35536869 705170 -5290005 1336231 29615803 0.07540 0.75950 0.16510 false false 666781 666781 47052077 18988560 28063517 9492130 7077118 2415012 2857139 1619146 1237993 32383303 0 ANNUITIES PAYABLE 281694 DERIVATIVE FINANCIAL INSTRUMENT 448928 730622 X 31883724 4939826 750798 5690624 26193100 26193100 27341823 573105 573105 26768718 26768718 FINANCIAL STATEMENT EXPENSES REPORTED ON PART VIII STATEMENT OF REVENUE Sch. D, PART XI, LINE 2D THE FINANCIAL STATEMENTS REPORT DIRECT COSTS OF FIELD DAY ACTIVITIES [$321,226], DIRECT COSTS OF BOOKSTORE ACTIVITIES [$410,224], AND LOSS ON DISPOSITION OF DEPRECIABLE ASSETS [$19,348] AS EXPENSES. THESE AMOUNTS OFFSET TOTAL REVENUE REPORTED ON PART VIII OF FORM 990. FINANCIAL STATEMENT EXPENSES REPORTED ON PART VIII STATEMENT OF REVENUE PART XII, LINE 2D THE SUM OF FIELD DAY EXPENSE [$321,226 ON LINE 8B], BOOKSTORE COST OF SALES [$410,224 ON LINE 10B], LOSS ON DISPOSAL [$19,348], NET OF THE CHANGES IN POSTRETIREMENT LIABILITY [$2,880] AND GAIN ON DERIVATIVE [$174,812]. COLLECTIONS SCHEDULE D, PART III, LINE 4 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 SCHEDULE D, PART X, LINE 2 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, 2013 and 2012. The Academy is, however, required to file a federal tax return. Tax years before 2009 are 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 429034 429034 20000 5298 295928 0 429034 429034 20000 5298 295928 321226 107808 17316 5298 true 1.00000 17316 5298 5298 12018 false GAMING PROCEEDS ARE LESS THAN THE AMOUNT REQUIRED FOR A PERMIT false true false JEFF MARTIN BUSINESS MANAGER 1585 WESLEYAN DRIVE NORFOLK VA 23502 false Andrew C Walker Director of Special Events X false X X X true true X X X X false false false false false false false false false DENNIS G MANNING 379931 0 0 0 25057 0 41613 0 58320 0 504921 0 0 0 SANDRA T KAL 159944 0 0 0 39500 0 22495 0 37123 0 259062 0 0 0 GARRETT C LAWS 109294 0 0 0 30000 0 14978 0 6374 0 160646 0 0 0 HERBERT D SOLES 129259 0 0 0 23000 0 12507 0 22732 0 187498 0 0 0 A NORFOLK AIRPORT AUTHORITY 546002580 2006-07-01 6000000 CONSTRUCT & EQUIP TUCKER ARTS false false false B NORFOLK AIRPORT AUTHORITY 546002580 2010-09-01 5995000 CONSTRUCT & EQUIP TUCKER ARTS false false false A 0 0 6000000 0 0 0 23500 0 0 5976500 0 0 2006 false false true true B 0 0 5995000 0 0 0 66857 0 0 5928143 0 0 2006 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 380000 false true true 380000 MS TRACY G SAVAGE BOARD MEMBER 68708 SALARY FOR BROTHER false MR DENNIS G MANNING OFFICER 25850 SALARY FOR SPOUSE false MR CONRAD M HALL BOARD MEMBER 56456 SALARY FOR SON false MRS SALLY OLD KITCHIN BOARD MEMBER 51288 SALARY FOR DAUGHTER false MRS SALLY OLD KITCHIN BOARD MEMBER 45884 SALARY FOR SON-IN-LAW false X 2 11684 FMV X 3604 FMV X 1 10925 FMV X 37 324661 FMV X 1 15543 FMV X ATHLETICS ITEMS 5 5243 FMV X FUNDRAISING ITEM 16 16585 FMV X PROGRAM ITEMS 3 1786 FMV X EQUIPMENT 2 2185 FMV false true false FAMILY AND BUSINESS RELATIONSHIPS Part VI Section A Line 2 Two of the current Board members are also members of the same law firm. The spouse of a third Board member is also a partner in the firm. Legal fees paid to the firm during FY13 were less than $10,000. FORM 990 REVIEW PART VI SECTION B GOVERNANCE AND MANAGEMENT [LINE 11] 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 PART VI SECTION B POLICIES [LINE 12B AND 12C] THE BOARD OF TRUSTEES REVIEWS CONFLICT OF INTEREST STATEMENTS THAT OFFICERS AND TRUSTEES ARE REQUIRED TO COMPLETE ANNUALLY. COMPENSATION PART VI SECTION B POLICIES [LINE 15] THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES COMPENSATION AFTER BENCHMARKING AND DOCUMENTING APPROPRIATE DATA. PUBLIC DISCLOSURE PART VI SECTION C DISCLOSURE [LINE 19] THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GRANTS TO INTERESTED PERSONS SCHEDULE L PART III 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 5 SEE SCHEDULE D RECONCILIATION PART XII [SUM OF LINES 2A AND 2D] NET OF AMOUNT REPORTED ON SCHEDULE D PART XIII. OTHER EXPENSES FORM 990 PART IX DESCRIPTION:MISCELLANEOUS TOTAL EXPENSES:52579 PROGRAM SERVICES:39286 MANAGEMENT AND GENERAL:10930 FUNDRAISING:2363 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:INSURANCE TOTAL EXPENSES:204064 PROGRAM SERVICES:27607 MANAGEMENT AND GENERAL:171364 FUNDRAISING:5093 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:UTILITIES TOTAL EXPENSES:676985 PROGRAM SERVICES:659568 MANAGEMENT AND GENERAL:13592 FUNDRAISING:3825 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:UNIFORMS TOTAL EXPENSES:90549 PROGRAM SERVICES:89720 MANAGEMENT AND GENERAL:647 FUNDRAISING:182 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:UNITRUST PAYMENTS TOTAL EXPENSES:46440 FUNDRAISING:46440 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:VEHICLE COSTS TOTAL EXPENSES:55087 PROGRAM SERVICES:52346 MANAGEMENT AND GENERAL:2442 FUNDRAISING:299 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:STUDENT ACTIVITIES TRAVEL TOTAL EXPENSES:137997 PROGRAM SERVICES:139344 MANAGEMENT AND GENERAL:-1051 FUNDRAISING:-296 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:SUMMER PROGRAMS TOTAL EXPENSES:6315 PROGRAM SERVICES:6315 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:REFECTORY TOTAL EXPENSES:769026 PROGRAM SERVICES:651380 MANAGEMENT AND GENERAL:29433 FUNDRAISING:88213 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:INSTRUCTIONAL TOTAL EXPENSES:495685 PROGRAM SERVICES:495202 MANAGEMENT AND GENERAL:471 FUNDRAISING:12 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:COMPUTER HARDWARE & SOFTWARE TOTAL EXPENSES:70012 PROGRAM SERVICES:63292 MANAGEMENT AND GENERAL:5569 FUNDRAISING:1151 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:SCHOLARSHIPS AND AWARDS TOTAL EXPENSES:92375 PROGRAM SERVICES:87282 MANAGEMENT AND GENERAL:5093 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:PROFESSIONAL FEES TOTAL EXPENSES:72060 PROGRAM SERVICES:5247 MANAGEMENT AND GENERAL:65013 FUNDRAISING:1800 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:BAD DEBTS TOTAL EXPENSES:193295 PROGRAM SERVICES:650 MANAGEMENT AND GENERAL:11616 FUNDRAISING:181029 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:AMORTIZATION OF LOAN COSTS TOTAL EXPENSES:26591 MANAGEMENT AND GENERAL:26591 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:INVESTMENT FEES TOTAL EXPENSES:9848 MANAGEMENT AND GENERAL:9848 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:SUPPLIES TOTAL EXPENSES:49280 PROGRAM SERVICES:36219 MANAGEMENT AND GENERAL:8205 FUNDRAISING:4856 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:TELEPHONE TOTAL EXPENSES:25894 PROGRAM SERVICES:19014 MANAGEMENT AND GENERAL:2673 FUNDRAISING:4207 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:POSTAGE AND SHIPPING TOTAL EXPENSES:57384 PROGRAM SERVICES:10708 MANAGEMENT AND GENERAL:16607 FUNDRAISING:30069 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:EQUIP RENTAL AND MAINTENANCE TOTAL EXPENSES:564716 PROGRAM SERVICES:512507 MANAGEMENT AND GENERAL:49347 FUNDRAISING:2862 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:PRINTING AND PUBLICATIONS TOTAL EXPENSES:343317 PROGRAM SERVICES:155746 MANAGEMENT AND GENERAL:79061 FUNDRAISING:108510 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:GIFTS IN-KIND TOTAL EXPENSES:28800 PROGRAM SERVICES:28800