2026-05-15T18:06:11-05:00 2025-06-30 582487348 Aprio Advisory Group LLC 111 Rockville Pike Suite 600 Rockville MD 20850 990 2024-07-01 540699572 North Cross School NORT 5409896641 4254 Colonial Ave SW Roanoke VA 24018 Dominic Basile CFO 5409896641 2026-05-15 1 1 Stacy Cullen P00974308 3012316200 2026-05-14 2024 2025-03-06 01:10:19Z Dominic Basile 4254 Colonial Ave SW Roanoke VA 24018 16226376 0 X www.northcross.org X 1944 VA North Cross School is an independent, nonsectarian school serving students in early childhood through 12th grade from across the Roanoke Valley, the region, and the world. Our mission is to inspire a community of intellectually curious learners to think critically, act with integrity, and lead with courage. 21 21 203 50 0 0 2893626 1490343 14004088 14477511 112114 186542 49754 67278 17059582 16221674 2677608 2668634 0 0 7895337 8732693 0 0 424515 4952781 4703064 15525726 16104391 1533856 117283 26553120 25330081 4477405 3922239 22075715 21407842 X North Cross School is an independent, nonsectarian school serving students in early childhood through 12th grade from across the Roanoke Valley, the region, and the world. Our mission is to inspire a community of intellectually curious learners to think critically, act with integrity, and lead with courage. 0 0 13056727 2668634 14544789 Instructional funds are used to provide comprehensive educational programs to 550 students in pre-kindergarten through twelfth grade. 13056727 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 53 0 1 203 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X Dominic Basile 5409896641 4254 Colonial Ave SW Roanoke VA 24018 X Sarah Boxley Beck Chair 1.00 X X 0 0 0 George I Vogel III Vice Chair, Treasurer 1.00 X X 0 0 0 Joseph M Hoff Secretary 1.00 X X 0 0 0 Priya Acharya Trustee 1.00 X 0 0 0 Kim Blair Trustee 1.00 X 0 0 0 Tyler D Caveness Trustee 1.00 X 0 0 0 Michaux Tayloe Chopski Trustee 1.00 X 0 0 0 W Patton Coles IV Trustee 1.00 X 0 0 0 Kevin Connelly Trustee 1.00 X 0 0 0 R Ethan Cook Trustee 1.00 X 0 0 0 Blair Godsey Trustee 1.00 X 0 0 0 Cathy Greenberg Trustee 1.00 X 0 0 0 John C Harlow Trustee 1.00 X 0 0 0 Dr Read Montague Trustee 1.00 X 0 0 0 John Parrott Trustee 1.00 X 0 0 0 Kevin R Quinn Trustee 1.00 X 0 0 0 James Ramey Trustee 1.00 X 0 0 0 Alexis Ratliff Trustee 1.00 X 0 0 0 Linda Leigh Rhoads Trustee 1.00 X 0 0 0 William Terry Trustee 1.00 X 0 0 0 Allen Whittle Trustee 1.00 X 0 0 0 Armistead Lemon Head of School 40.00 X 205428 0 16344 Dominic Basile CFO 40.00 X 125572 0 0 William Greer Asst Head of School for Advancement 40.00 X 127809 0 0 Eric Lawrence Asst Head of School for Operations 40.00 X 110662 0 0 569471 0 16344 4 0 1 0 Southern Concessions 3142 Woodlawn Ave Roanoke VA 24015 Cafeteria Services 388078 Appalachian Power P O Box 371496 Pittsburge PA 15250 Electricity 324901 Fairlawn at Jefferson 631 Campbell Ave SE Roanoke VA 24013 Dorm Rent 297912 Amazon P O Box 03514 Seattle WA 98124 Supplies 183308 Hanover Insurance Company P O Box 580045 Charlotte NC 28258 Insurance 138571 5 1490343 36437 1490343 Tuition and Fees 611110 12212083 12212083 Other Fees and Revenue 611110 1689372 1689372 Auxiliary Services 611110 302343 302343 International School 611110 249564 249564 Athletics 611110 24149 24149 14477511 191244 191244 67278 0 67278 67278 67278 4702 -4702 -4702 -4702 16221674 14544789 0 186542 2668634 2668634 233308 193535 30311 9462 6711959 5574700 861078 276181 280729 226891 42315 11523 965955 801061 150697 14197 540742 64686 460356 15700 6424 4503 1727 194 12894 9386 3492 16 54692 39814 14812 66 525370 382452 142282 636 72541 8678 61757 2106 295064 146177 131074 17813 189671 53841 118731 17099 563773 544080 14770 4923 110410 76774 31147 2489 129892 91052 34923 3917 806812 776927 22628 7257 143219 143219 Supplies and Materials 375590 290375 76551 8664 Lease Expense 353097 351246 1388 463 Events & Hospitality 349358 275313 45143 28902 Repair & Maintenance 221554 69199 151403 952 492703 407403 83345 1955 16104391 13056727 2623149 424515 503146 161245 1051442 658900 1666698 1367560 474474 378882 99788 219788 38819686 19381564 19890423 19438122 2054424 3088011 795152 17573 17573 26553120 25330081 739394 750375 323140 284116 3358179 2852039 56692 35709 4477405 3922239 X 19744855 21407842 2330860 0 22075715 21407842 26553120 25330081 X 117283 114376 -857829 -41703 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2325846 2325846 1962654 180001 183191 2325846 1686478 197427 139542 60793 1962654 1788907 158709 -201287 59851 1686478 1404791 138809 298555 53248 1788907 0.05488 0.87032 0.07480 0 0 387605 387605 32267682 13965916 18301766 3343764 3165786 177978 2820635 2249862 570773 19438122 Deposits held for others 18136 Lease Liability 17573 35709 X Part X, Line 2: The School is a nonprofit organization generally exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Management has evaluated the effect of guidance provided by GAAP in accounting for uncertainty in income taxes. Management believes that the School continued to satisfy the requirements of a tax-exempt organization at June 30, 2025. Management has evaluated all other tax positions that could have a significant effect on the consolidated financial statements and determined the School had no uncertain income tax positions at June 30, 2025. Form 990, Part V, Line 4 Endowment funds are used for scholarships and faculty enrichment. 1 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 described in the handbook as well as posted on the organization's website separately. 1 Tuition Remission 69 827729 Financial Aid & Scholarships 170 1840905 Part I, Line 2: Tuition remission is an employee benefit provided to employees for their own students that attend North Cross School. Financial aid includes both need and meritbased awards. Needbased awards are given to families who demonstrate financial need; meritbased awards are given under certain conditions of maintaining a minimum level of performance, including GPA, good standing, etc. All students must meet admission requirements, including testing. 0 0 0 0 0 0 0 0 0 Armistead Lemon Head of School 205342 0 0 0 86 0 11169 0 5175 0 221772 0 0 0 X 235 X Construction materials 1 36201 0 0 0 0 Form 990, Part VI, Section B, line 11b The Assistant Head of School for Finance, the Head of School, and the Audit Committee review the return. Once the Audit Committee approves the return, the rest of the Board reviews it prior to filing. Form 990, Part VI, Section B, line 12c The Assistant Head of School for Finance and Operations is aware of all business transactions and monitors them closely for any conflicts. The Conflict of Interest Policy is approved by the Board. Any arising conflict is handled in accordance to procedure outlined in the Conflict of Interest Policy. Form 990, Part VI, Section B, line 15 The Head of School's salary is determined by salary comparisons from VAIS and NAIS for the national average and approved by the Board. The Assistant Head of School for Finance and Operations and Head of School then start the budget process in November. They start with several salary increase scenarios and determine which of the percentages the organization can afford. A meeting is held with the Finance Committee for initial review in December. Contracts are sent out with increases in March. New hire salaries are determined by the Head of School. Comparisons are used from VAIS and NAIS for national average comparisons. Form 990, Part VI, Section C, line 19 The employee handbook, posted on the website, details all policies. Financial statements are reviewed by the Finance Committee, then distributed to the Board. The organization's financial statements, conflict of interest policies, and governing documents are available upon request. Form 990, Part XI, line 9: Loss on Interest Rate Swap -41,703. Form 990, Part XII, Line 2c: The organization has not changed either the oversight or selection process for the tax year.