ASHEVILLE CHRISTIAN ACADEMY INC: Form 990, tax year 2024
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- Organization
- ASHEVILLE CHRISTIAN ACADEMY INC (EIN 56-0889168)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-14
- IRS object ID
- 202621349349305457
- Schema version
- 2024v5.5
- 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 I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T11:14:32-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 061667465 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Prager Metis CPAs PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 32 Orange Street | AddressLine1Txt |
| City | Asheville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560889168 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Asheville Christian Academy Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ASHE | BusinessNameControlTxt |
| Phone | 8285812200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1089 | AddressLine1Txt |
| City | Swannanoa | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28778 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William Putnam | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8285812200 | PhoneNum |
| Signature | 2026-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Christopher M Forrest | PreparerPersonNm |
| PTIN | P01329692 | PTIN |
| Phone | 8282813161 | PhoneNum |
| Preparation | 2026-05-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Amber Roth | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 74 Riverwood Road | AddressLine1Txt |
| City | Swannanoa | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28778 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $27,352,261 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | ashevillechristian.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1967 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | Operation of private school | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 246 | TotalEmployeeCnt |
| Total Volunteers | 350 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $872,559 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,590,920 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,708,890 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,905,464 | CYProgramServiceRevenueAmt |
| PY Investment Income | $64,750 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,825,196 | CYInvestmentIncomeAmt |
| PY Other Revenue | $368,176 | PYOtherRevenueAmt |
| CY Other Revenue | $3,784,892 | CYOtherRevenueAmt |
| PY Total Revenue | $13,014,375 | PYTotalRevenueAmt |
| CY Total Revenue | $25,456,080 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,323,170 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,110,557 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,417,742 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,742,895 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $378,399 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,226,646 | PYOtherExpensesAmt |
| CY Other Expenses | $10,297,139 | CYOtherExpensesAmt |
| PY Total Expenses | $13,967,558 | PYTotalExpensesAmt |
| CY Total Expenses | $19,150,591 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$953,183 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,305,489 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $22,408,429 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,728,539 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,911,501 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,754,176 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $17,496,928 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $21,974,363 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Seeking to serve Jesus Christ and uphold His Pre-eminence, Asheville Christian Academy, in committed partnership with Christian parents, provides a Gospel-centered education to shepherd and inspire Christ- oriented lives within a community of grace. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,307,184 | ExpenseAmt |
| Grant | $1,110,557 | GrantAmt |
| Revenue | $12,763,175 | RevenueAmt |
| Desc | Provide instruction and educational activities for students from preschool to 12th grade. | Desc |
| Total Program Service Expenses | $9,307,184 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 246 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Amber Roth | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8285812200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 74 Riverwood Road | AddressLine1Txt |
| City | Swannanoa | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28778 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| Joshua Bradshaw | |||||||
| Chair | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Brian Courcelle | |||||||
| Treasurer | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Claude Dicks | |||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Brian Fuchs | |||||||
| Board member | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Emily Gerritz | |||||||
| Vice Chair | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Jamie Greene | |||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Tracy Gualano | |||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Barry Lawson | |||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Kristi Owens | |||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Nathan Renfro | |||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Treavor Riley | |||||||
| Board member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Jennifer Riseden | |||||||
| Secretary | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| William Putnam | |||||||
| Head of school/board member | 40.00 | Yes (X) | Yes (X) | $175,991 | $0 | $82,714 | |
| Amber Roth | |||||||
| CFO | 40.00 | Yes (X) | $69,991 | $0 | $42,770 | ||
| William George | |||||||
| Former Head of School | 0.00 | $305,218 | $0 | $15,018 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $551,200 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $140,502 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Beverly Grant Inc | |||||
| 70 Peachtree Road | Asheville | NC | 28803 | Construction contractor | $2,418,404 |
| PBI Commercial Interiors | |||||
| 123 Sweeten Creek Road | Asheville | NC | 28803 | Flooring and furniture | $2,007,870 |
| Insight Planning and Development | |||||
| 901 N Breazeale Avenue | Mt Olive | NC | 28365 | Debris monitoring services | $701,494 |
| FLIK USA | |||||
| PO Box 417632 | Boston | MA | 02241 | Food services | $487,392 |
| Dominion Company Police | |||||
| 40 Cane Creek Industrial Park Road | Fletcher | NC | 28732 | Security services | $266,278 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,200 | FundraisingAmt |
| All Other Contributions | $12,589,720 | AllOtherContributionsAmt |
| Noncash Contributions | $8,600,078 | NoncashContributionsAmt |
| Total Contributions | $12,590,920 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuiton and fees | 611110 | $10,423,519 | $10,423,519 |
| Food services | 611110 | $350,274 | $350,274 |
| Bus contract sales | 611110 | $91,140 | $91,140 |
| Extended care | 611110 | $40,531 | $40,531 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,905,464 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $70,985 | TotalRevenueColumnAmt |
| Exclusion | $70,985 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,000 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,000 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,000 | TotalRevenueColumnAmt |
| Exclusion | $1,000 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,896,181 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$1,896,181 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,896,181 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$1,896,181 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $30,000 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,200 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,000 | TotalRevenueColumnAmt |
| Exclusion | $30,000 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Insurance reimbursement-Helene | 900099 | $2,804,762 | $2,804,762 |
| FEMA relief - Helene | 900099 | $928,329 | $928,329 |
| Miscellaneous | 900099 | $20,801 | $20,801 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,753,892 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,456,080 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,763,175 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $101,985 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,110,557 | TotalAmt |
| Program Services | $1,110,557 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $551,200 | TotalAmt |
| Program Services | $280,840 | ProgramServicesAmt |
| Management And General | $259,339 | ManagementAndGeneralAmt |
| Fundraising | $11,021 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,479,852 | TotalAmt |
| Program Services | $4,047,753 | ProgramServicesAmt |
| Management And General | $1,232,062 | ManagementAndGeneralAmt |
| Fundraising | $200,037 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,254,712 | TotalAmt |
| Program Services | $1,147,351 | ProgramServicesAmt |
| Management And General | $95,999 | ManagementAndGeneralAmt |
| Fundraising | $11,362 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $457,131 | TotalAmt |
| Program Services | $340,231 | ProgramServicesAmt |
| Management And General | $101,879 | ManagementAndGeneralAmt |
| Fundraising | $15,021 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,554 | TotalAmt |
| Management And General | $196,554 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,996 | TotalAmt |
| Fundraising | $49,996 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,054 | TotalAmt |
| Management And General | $74,485 | ManagementAndGeneralAmt |
| Fundraising | $11,569 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,782 | TotalAmt |
| Management And General | $88,782 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,559,603 | TotalAmt |
| Management And General | $6,559,603 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,542 | TotalAmt |
| Management And General | $178,542 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $898,630 | TotalAmt |
| Program Services | $898,630 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,851 | TotalAmt |
| Management And General | $158,851 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Food | $450,743 | $450,743 | |
| J Term | $226,495 | $226,495 | |
| Other | $217,518 | $217,518 | |
| Contract labor | $215,106 | $215,106 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $970,265 | TotalAmt |
| Program Services | $804,584 | ProgramServicesAmt |
| Management And General | $86,288 | ManagementAndGeneralAmt |
| Fundraising | $79,393 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,150,591 | TotalAmt |
| Program Services | $9,307,184 | ProgramServicesAmt |
| Management And General | $9,465,008 | ManagementAndGeneralAmt |
| Fundraising | $378,399 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $501,250 | BOYAmt |
| EOY | $532,219 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,241,964 | BOYAmt |
| EOY | $1,233,325 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,271 | BOYAmt |
| EOY | $20,416 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,512 | BOYAmt |
| EOY | $111,820 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $26,461,265 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,196,052 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,173,603 | BOYAmt |
| EOY | $23,265,213 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,378,829 | BOYAmt |
| EOY | $1,565,546 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,408,429 | BOYAmt |
| EOY | $26,728,539 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $940,880 | BOYAmt |
| EOY | $954,019 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $358,576 | BOYAmt |
| EOY | $542,624 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,957,254 | BOYAmt |
| EOY | $2,625,956 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $654,791 | BOYAmt |
| EOY | $631,577 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,911,501 | BOYAmt |
| EOY | $4,754,176 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,797,355 | BOYAmt |
| EOY | $21,826,689 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $699,573 | BOYAmt |
| EOY | $147,674 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,496,928 | BOYAmt |
| EOY | $21,974,363 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,408,429 | BOYAmt |
| EOY | $26,728,539 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,305,489 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $43,905 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,871,959 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | 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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $365,924 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $16,722 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $5,629 | AdministrativeExpensesAmt |
| End Year Balance | $377,017 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $342,950 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $26,748 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $3,774 | AdministrativeExpensesAmt |
| End Year Balance | $365,924 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $353,759 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$9,909 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $900 | AdministrativeExpensesAmt |
| End Year Balance | $342,950 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $318,045 | BeginningYearBalanceAmt |
| Contributions | $103,438 | ContributionsAmt |
| Investment Earnings Or Losses | -$33,861 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $30,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $651 | OtherExpendituresAmt |
| Administrative Expenses | $3,212 | AdministrativeExpensesAmt |
| End Year Balance | $353,759 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $287,417 | BeginningYearBalanceAmt |
| Contributions | $2,725 | ContributionsAmt |
| Investment Earnings Or Losses | $30,930 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $3,027 | AdministrativeExpensesAmt |
| End Year Balance | $318,045 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,682,401 | OtherCostOrOtherBasisAmt |
| Book Value | $1,682,401 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,555,219 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,669,806 | DepreciationAmt |
| Book Value | $20,885,413 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $678,752 | OtherCostOrOtherBasisAmt |
| Depreciation | $259,718 | DepreciationAmt |
| Book Value | $419,034 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $372,352 | OtherCostOrOtherBasisAmt |
| Depreciation | $134,639 | DepreciationAmt |
| Book Value | $237,713 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $172,541 | OtherCostOrOtherBasisAmt |
| Depreciation | $131,889 | DepreciationAmt |
| Book Value | $40,652 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $23,265,213 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Interest in assets held by others | $540,413 |
| Other receivables | $90,532 |
| Financing lease right of use | $52,960 |
| Operating lease right of use | $442,027 |
| ERC Receivable | $439,614 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,565,546 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Custodial accounts | $136,590 |
| Financing lease liability | $52,960 |
| Operating lease liability | $442,027 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $631,577 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $22,517,469 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $43,905 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$1,871,959 | OtherRevenueAmt |
| Revenue Not Reported | -$1,828,054 | RevenueNotReportedAmt |
| Revenue Subtotal | $24,345,523 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,110,557 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,110,557 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $25,456,080 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $18,040,034 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $18,040,034 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,110,557 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,110,557 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $19,150,591 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | Endowment funds are held to provde scholarships to students of the organization. |
| Part X, Line 2: | Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 740, Accounting for Uncertainty in Income Taxes, clarified the accounting for the recognition and measurement of uncertainties in income taxes recognized in an entities financial statement and prescribes a threshold of more likely-than-not for recognition of tax positions taken or expected to be taken in a tax return. The Academy's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the Internal Revenue Code and Regulations, Revenue Rulings, court decisions and other evidence. |
| Part XI, Line 2d - Other Adjustments: | Impairment loss -1,871,959. |
| Part XI, Line 4b - Other Adjustments: | Financial aid 1,110,557. |
| Part XII, Line 4b - Other Adjustments: | Financial aid 1,110,557. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule E, Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | Newspaper advertisements and brochure list nondiscrimination policy. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Gala | Event1Nm |
| Gross Receipts Event1 | $31,200 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,200 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $30,000 | GrossRevenueEvent1Amt |
| Gross Receipts Total | $31,200 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,200 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $30,000 | GrossRevenueTotalEventsAmt |
| Net Income Summary | $30,000 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Financial aid | GrantTypeTxt |
| Recipient | 275 | RecipientCnt |
| Cash Grant | $1,110,557 | CashGrantAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| William George | ||||||||||||||
| Former Head of School | $305,218 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15,018 | $0 | $320,236 | $0 | $0 | $0 |
| William Putnam | ||||||||||||||
| Head of school/board member | $175,991 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $82,714 | $0 | $258,705 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | A committee is solely responsible for compensation issues. | ExplanationTxt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Hurricane damage invoices | 3 | $5,128,689 | Actual cost |
| Yes (X) | Loans paid | 4 | $3,445,639 | Actual cost |
| Yes (X) | Turf and field supplies | 1 | $11,750 | Fair market value |
| Yes (X) | Auditorium seating | 1 | $9,000 | Fair market value |
| Yes (X) | Toilet partitions | 1 | $5,000 | Fair market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | Current parents, staff, grandparent and great-grandparents as well as alumni, alumni parents, former staff and former board members are eligiblefor corporation membership. The Corporation as a body elects the Board of Directors and votes on major school decisions. |
| Form 990, Part VI, Section A, line 7a | The Corporation as a body elects the Board of Directors and votes on major school decisions. |
| Form 990, Part VI, Section A, line 7b | The Corporation as a body elects the Board of Directors and votes on major school decisions. |
| Form 990, Part VI, Section B, line 11b | A copy of the 990 is provided to the Board for review |
| Form 990, Part VI, Section B, line 12c | Any conflicts of interest are presented at board meetings and is covered under board policy 4.5.3.B which states: When the Board is to decide upon an issue about which member has a conflict of interest, that member shall disclose the conflict to the Board and absent herself or himself without comment from not only the vote but also from the deliberation. |
| Form 990, Part VI, Section B, line 15 | The Head of the School's contract is reviewed every three years. The"Head's Review Committee" is solely responsible for compensation issues. Compensation Management is covered in policy 2.6 and states: The Head of School will not cause or allow jeopardy to the organization's fiscal integrity or public image when dealing with employment, compensation and benefits for employees, consultants or contractors. The Head of School will not: 1, Change his own compensation. 2. Change his own benefits, except as consistent with a package for all other employees. 3. Promise or imply anything other than "at-will" employment. 4. Establish current compensation and benefits that deviate materially from the geographic and/or professional market value for the skills employed. 5. Pertaining to consultants and contract vendors, create obligations over a longer term than revenues can be safely projected, in no event longer than one year. 6. Establish or change retirement benefits so as to cause situations that are unpredictable for the organization, or inequitable for employees. |
| Form 990, Part VI, Section C, line 19 | All governing documents are available upon request |
| Form 990, Part XI, line 9: | Impairment loss due to natural disaster -1,871,959. |
| Form 990 Part XII line 2c | The process has not changed. |
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