Civic Intelligence

Cape Cod Academy Inc.

990 • Fiscal year 2022 • EIN 04-2592472

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization ProfileWWWW.CAPECODACADEMY.ORG

View Organization Page

50 Osterville West Barnstable RdOsterville, MA 02655

(508) 428-5400

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$13,042,958

Down $199,539 (-1.5%) from 2021

Net Assets

Up

$1,773,269

Up $505,598 (+40%) from 2021

Liabilities

Down

$11,269,689

Down $705,137 (-5.9%) from 2021

Revenue And Expenses

Revenue

Up

$11,563,830

Up $951,816 (+9.0%) from 2021

Expenses

Up

$11,058,232

Up $563,657 (+5.4%) from 2021

Net Income

Up

$505,598

Up $388,159 (+331%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $22,668,786Liabilities 2011: $3,456,438Net Assets 2011: $19,212,3482011Assets 2012: $21,296,298Liabilities 2012: $3,279,141Net Assets 2012: $18,017,1572012Assets 2013: $19,231,122Liabilities 2013: $2,224,175Net Assets 2013: $17,006,9472013Assets 2014: $18,079,294Liabilities 2014: $2,139,412Net Assets 2014: $15,939,8822014Assets 2015: $15,956,246Liabilities 2015: $1,816,197Net Assets 2015: $14,140,0492015Assets 2016: $15,260,038Liabilities 2016: $3,452,240Net Assets 2016: $11,807,7982016Assets 2017: $14,965,007Liabilities 2017: $6,264,557Net Assets 2017: $8,700,4502017Assets 2018: $13,919,299Liabilities 2018: $8,847,395Net Assets 2018: $5,071,9042018Assets 2019: $12,894,470Liabilities 2019: $9,481,977Net Assets 2019: $3,412,4932019Assets 2020: $13,451,866Liabilities 2020: $12,301,634Net Assets 2020: $1,150,2322020Assets 2021: $13,242,497Liabilities 2021: $11,974,826Net Assets 2021: $1,267,6712021Assets 2022: $13,042,958Liabilities 2022: $11,269,689Net Assets 2022: $1,773,2692022Assets 2023: $11,947,219Liabilities 2023: $9,491,598Net Assets 2023: $2,455,6212023Assets 2024: $11,946,691Liabilities 2024: $9,434,413Net Assets 2024: $2,512,2782024

Highlighted filing

2022

Assets$13,042,958
Liabilities$11,269,689
Net Assets$1,773,269
Open 2022 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $7,810,829Expenses 2011: $8,701,967Net Income 2011: -$891,1382011Revenue 2012: $8,123,553Expenses 2012: $9,343,140Net Income 2012: -$1,219,5872012Revenue 2013: $8,567,970Expenses 2013: $9,729,099Net Income 2013: -$1,161,1292013Revenue 2014: $8,227,171Expenses 2014: $9,500,380Net Income 2014: -$1,273,2092014Revenue 2015: $7,610,473Expenses 2015: $8,900,698Net Income 2015: -$1,290,2252015Revenue 2016: $6,987,606Expenses 2016: $9,319,886Net Income 2016: -$2,332,2802016Revenue 2017: $6,752,346Expenses 2017: $9,859,694Net Income 2017: -$3,107,3482017Revenue 2018: $7,121,816Expenses 2018: $10,750,362Net Income 2018: -$3,628,5462018Revenue 2019: $8,210,596Expenses 2019: $9,869,747Net Income 2019: -$1,659,1512019Revenue 2020: $7,418,980Expenses 2020: $9,681,241Net Income 2020: -$2,262,2612020Revenue 2021: $10,612,014Expenses 2021: $10,494,575Net Income 2021: $117,4392021Revenue 2022: $11,563,830Expenses 2022: $11,058,232Net Income 2022: $505,5982022Revenue 2023: $12,157,932Expenses 2023: $11,475,580Net Income 2023: $682,3522023Revenue 2024: $11,255,977Expenses 2024: $11,199,320Net Income 2024: $56,6572024

Highlighted filing

2022

Revenue$11,563,830
Expenses$11,058,232
Net Income$505,598
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$11,611,457
Mission and Program Overview

Mission

Cape cod academy, inc. ("the academy") fosters a life-long drive to learn and grow and make a difference in world. The academy teaches students habits of heart and mind that prepare them to be successful in college, healthy in life and contributors to society - both locally and globally.

Cape cod academy, inc. ("the academy") fosters a life-long drive to learn and grow and make a difference in the world. The academy teaches students habits of heart and mind that prepare them to be successful in college, healty in life, and contributors to society - both locally and globally.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,535,109$11,076,696▼ $458,413
Loans From Officers Directors$8,650,000$8,225,000▼ $425,000
Cash and Non-Interest-Bearing Accounts$1,178,158$743,389▼ $434,769
Savings and Temporary Cash Investments$204,422$138,659▼ $65,763
Accounts Receivable$20,566$80,803▲ $60,237
Prepaid Expenses and Deferred Charges$59,984$68,600▲ $8,616
Pledges and Grants Receivable$18,095$29,400▲ $11,305
Other Notes and Loans Receivable, Net$200$200→ $0
Total Assets$13,242,497$13,042,958▼ $199,539
Other Assets Total$225,963$905,211▲ $679,248
Liabilities
Deferred Revenue$1,679,392$1,729,004▲ $49,612
Unsecured Notes Loans Payable$767,198$767,198→ $0
Accounts Payable and Accrued Expenses$538,100$458,351▼ $79,749
Mortgage Notes Payable Secured by Investment Property$340,136$90,136▼ $250,000
Total Liabilities$11,974,826$11,269,689▼ $705,137
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,085,765$1,693,952▲ $608,187
Net Assets With Donor Restrictions$181,906$79,317▼ $102,589
Total Net Assets Fund Balance$1,267,671$1,773,269▲ $505,598
Total Liabilities and Net Assets / Fund Balance$13,242,497$13,042,958▼ $199,539

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,623,984$9,760,076$17,384,060
Land$3,063,462-$3,063,462
Equipment$160,645$1,557,911$1,718,556
Leasehold Improvements$228,605$1,144,332$1,372,937
Other Assets Org$905,211--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$814,865-▲ $4,381$819,246-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeff ThompsonHeadmasterFT$300,000$300,000

Board Members and Trustees

NameTitle
Joel CrowellChair
Robert C PembertonVice Chair
Charlotte CanzanoTrustee
Chris WrayTrustee
Jitka BorowickTrustee
John HailerTrustee
Kimberly StraubingTrustee
Michael D PierceTrustee
Sonya MitchellTrustee
Thomas MurrayTrustee
Timoth CaliseTrustee
Charlene HollandSecretary
James T HoeckTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Boardwalk Business GroupFinance/accountingPO BOX 565, Forestdale, MA 02644$182,737
Revenue and Support

Revenue Composition

Contributions and Grants
$1,427,768
Program Service Revenue
$10,015,374
Investment Income
$864
Other Revenue
$119,824
All Other Contributions
$441,310
Change in Net Assets
$505,598

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,771,187
Revenue Not Reported on Financial Statements
$3,792,643
Revenue Not Reported on Form 990
$47,627
Other Revenue Adjustments
$3,792,643
Total Revenue per Audited Statements
$7,818,814
Total Revenue per Form 990
$11,563,830
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,955,095
Grants and Similar Amounts Paid$3,792,643
Other Expenses$2,310,494
Total Fundraising Expense$307,905
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,792,643--$3,792,643
Other Salaries and Wages$2,630,462$277,327$224,248$3,132,037
Other Employee Benefits$1,118,965$9,405$17,589$1,145,959
Depreciation Depletion$485,549$38,461$6,531$530,541
Current Officers, Directors, Trustees, and Key Employees$259,516$27,361$22,123$309,000
Fees for Services Other$41,000$266,002-$307,002
Payroll Taxes$263,831$21,953$17,340$303,124
Occupancy$167,812$8,832-$176,644
Interest-$165,186-$165,186
Insurance$9,121$142,046$537$151,704
Pension Plan Contributions$59,751$4,543$681$64,975
Advertising-$51,978-$51,978
Fees for Services Accounting-$49,125-$49,125
Information Technology-$47,640-$47,640
Fees for Services Legal-$26,535-$26,535
Travel$16,731-$295$17,026
Other Expenses$15,247$100,821$17,215$15,247
Office Expenses$8,072$4,036$1,346$13,454
Total Functional Expenses$9,498,777$1,251,550$307,905$11,058,232

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$11,058,232
Total Expenses per Audited Statements$7,313,216
Expenses per Audited Statements$7,265,589
Expenses Not Reported on Financial Statements$3,792,643
Other Expense Adjustments$3,792,643
Expenses Not Reported on Form 990$47,627
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$47,627
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$307,210-$47,627-
Total Events$307,210-$47,627$-47,627
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$8,650,000$8,225,000▼ $425,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Organization's process used to review form 990: form 990 is reviewed by the director of finance, head of school, auditors and the finance committee and by the board of trustees.”

Form 990, Part VI, Section B, Line 12C

“Enforcement of conflicts policy: a conflict of interest disclosure form is formally presented, reviewed and completed by each trustee. It is referenced as needed by the board and staff throughout the year.”

Form 990, Part VI, Section B, Line 15

“Line 15a- compensation process for top officials reviewed and approved by the executive board, line 15b- compensation process for officers reviewed and approved by the executive board”

Form 990, Part VI, Section C, Line 19

“The organization will make its governing documents, conflict of interest policy, and financial statements available to the public upon request. The organization maintains a website where directions, phone numbers, top staff names, the current board of directors list, and email addresses are available for contact.”

Filing and Contact Details

Filer

Filer Name
Cape Cod Academy
EIN
04-2592472
Phone
5084285400
Address
50 OSTERVILLE WEST BARNSTABLE RD, OSTERVILLE, MA 02655

Signing Officer

Name
Mr James T Hoeck
Title
Treasurer
Phone
5084285400
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr James T Hoeck
Formed
1976
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
12
Employees
100
Volunteers
20

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
30 BRAINTREE HL OFFICE PARK STE 300, BRAINTREE, MA 02184
Preparer
Bonnie Simmons
Phone
7813562000
Supplemental Narrative

Additional Explanations

PART XII, LINE 2C:

“The audit oversight process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The academy qualifies as a tax-exempt nonprofit organization under section 501(c)(3) of the internal revenue code (the "code") and is exempt from federal and state income taxes on related income pursuant to section 501(a) of the code. The academy files informational tax returns in the u.s. Federal and massachusetts state jurisdictions. The academy is subject to federal and state income taxes on unrelated business income, if any. The academy accounts for uncertain tax positions in accordance with fasb asc topic income taxes. The topic prescribes a recognition threshold and measurement process for financial statement recognition of uncertain tax positions taken or expected to be taken in a tax return. The topic also provides guidance on recognition, derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. At june 30, 2022 and 2021, management believes that the academy has no material uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses reported on part viii, line 8b 47,627.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid & faculty tuition remission 3,792,643.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses reported on part viii, line 8b 47,627.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid & faculty tuition remission 3,792,643.”

Form 990

“Page 2 -part v, line 4 - during the year ended june 30, 2018, the academy appropriated all its remaining endowment funds to support operations. The funds were previously used for faculty development, scholarships, awards, library, financial aid and cultural programs. Page 4 -part xiii line 4(b) - financial aid netted against tuition and fee revenue on financial statements and shown as grants and other assistance paid to individuals on tax return. - $3,792,643”

Raw XML AppendixShowing 400 of 597 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0538100
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0458351
IRS990/AccountsReceivableGrp/BOYAmt020566
IRS990/AccountsReceivableGrp/EOYAmt080803
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CAPE COD ACADEMY, INC. ("THE ACADEMY") FOSTERS A LIFE-LONG DRIVE TO LEARN AND GROW AND MAKE A DIFFERENCE IN THE WORLD. THE ACADEMY TEACHES STUDENTS HABITS OF HEART AND MIND THAT PREPARE THEM TO BE SUCCESSFUL IN COLLEGE, HEALTY IN LIFE, AND CONTRIBUTORS TO SOCIETY - BOTH LOCALLY AND GLOBALLY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt051978
IRS990/AdvertisingGrp/TotalAmt051978
IRS990/AllOtherContributionsAmt0441310
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRISTINE CORYER BUSINESS MANAGER
IRS990/BooksInCareOfDetail/PhoneNum05084285400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt050 OSTERVILLE-WBARNSTABLE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0OSTERVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002655
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01178158
IRS990/CashNonInterestBearingGrp/EOYAmt0743389
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt022123
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt027361
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0259516
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0309000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0182737
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 565
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0FORESTDALE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd002644
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0BOARDWALK BUSINESS GROUP
IRS990/ContractorCompensationGrp/ServicesDesc0FINANCE/ACCOUNTING
IRS990/ContriRptFundraisingEventAmt0307210
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01427768
IRS990/CYGrantsAndSimilarPaidAmt03792643
IRS990/CYInvestmentIncomeAmt0864
IRS990/CYOtherExpensesAmt02310494
IRS990/CYOtherRevenueAmt0119824
IRS990/CYProgramServiceRevenueAmt010015374
IRS990/CYRevenuesLessExpensesAmt0505598
IRS990/CYSalariesCompEmpBnftPaidAmt04955095
IRS990/CYTotalExpensesAmt011058232
IRS990/CYTotalFundraisingExpenseAmt0307905
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011563830
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01679392
IRS990/DeferredRevenueGrp/EOYAmt01729004
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt06531
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt038461
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0485549
IRS990/DepreciationDepletionGrp/TotalAmt0530541
IRS990/Desc0THE ACADEMY NURTURES STUDENTS' INDIVIDUAL TALENTS AND CURIOSITIES AND OFFERS MULTIPLE OPPORTUNITIES FOR SELF-DIRECTED STUDY, SERVICE, AND LEADERSHIP. THE ACADEMY OFFERS A FULL KINDERGARTEN THROUGH 12 EDUCATION WITH A FOCUS ON EARLY CHILDHOOD DEVELOPMENT, ART AND MUSIC, AP CLASSES, SERVICE & ENTREPRENEURSHIP AND MORE. THE INTEGRATED CURRICULUM THROUGHOUT CAPE COD ACADEMY'S LOWER, MIDDLE AND UPPER SCHOOLS ALLOWS OUR STUDENTS TO STRETCH THEIR POTENTIAL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0181906
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt079317
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0100
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt09498777
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt049125
IRS990/FeesForServicesAccountingGrp/TotalAmt049125
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt026535
IRS990/FeesForServicesLegalGrp/TotalAmt026535
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0266002
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt041000
IRS990/FeesForServicesOtherGrp/TotalAmt0307002
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLENE HOLLAND
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES T HOECK
IRS990/Form990PartVIISectionAGrp/PersonNm2JOEL CROWELL
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT C PEMBERTON
IRS990/Form990PartVIISectionAGrp/PersonNm4CHARLOTTE CANZANO
IRS990/Form990PartVIISectionAGrp/PersonNm5JITKA BOROWICK
IRS990/Form990PartVIISectionAGrp/PersonNm6KIMBERLY STRAUBING
IRS990/Form990PartVIISectionAGrp/PersonNm7THOMAS MURRAY
IRS990/Form990PartVIISectionAGrp/PersonNm8TIMOTH CALISE
IRS990/Form990PartVIISectionAGrp/PersonNm9CHRIS WRAY
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN HAILER
IRS990/Form990PartVIISectionAGrp/PersonNm11SONYA MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHAEL D PIERCE
IRS990/Form990PartVIISectionAGrp/PersonNm13JEFF THOMPSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13300000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13HEADMASTER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0307210
IRS990/FundraisingDirectExpensesAmt047627
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0679248
IRS990/GrantAmt03792643
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03792643
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03792643
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011611457
IRS990/GrossRentsGrp/RealAmt099797
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt047640
IRS990/InformationTechnologyGrp/TotalAmt047640
IRS990/InsuranceGrp/FundraisingAmt0537
IRS990/InsuranceGrp/ManagementAndGeneralAmt0142046
IRS990/InsuranceGrp/ProgramServicesAmt09121
IRS990/InsuranceGrp/TotalAmt0151704
IRS990/InterestGrp/ManagementAndGeneralAmt0165186
IRS990/InterestGrp/TotalAmt0165186
IRS990/InvestmentIncomeGrp/ExclusionAmt0864
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0864
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt055
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012462319
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011535109
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011076696
IRS990/LandBldgEquipCostOrOtherBssAmt023539015
IRS990/LegalDomicileStateCd0MA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt08650000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt08225000
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CAPE COD ACADEMY, INC. ("THE ACADEMY") FOSTERS A LIFE-LONG DRIVE TO LEARN AND GROW AND MAKE A DIFFERENCE IN THE WORLD. THE ACADEMY TEACHES STUDENTS HABITS OF HEART AND MIND THAT PREPARE THEM TO BE SUCCESSFUL IN COLLEGE, HEALTHY IN LIFE AND CONTRIBUTORS TO SOCIETY - BOTH LOCALLY AND GLOBALLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0340136
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt090136
IRS990/NetAssetsOrFundBalancesBOYAmt01267671
IRS990/NetAssetsOrFundBalancesEOYAmt01773269
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-47627
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-47627
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt099797
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt099797
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01085765
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01693952
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08832
IRS990/OccupancyGrp/ProgramServicesAmt0167812
IRS990/OccupancyGrp/TotalAmt0176644
IRS990/OfficeExpensesGrp/FundraisingAmt01346
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04036
IRS990/OfficeExpensesGrp/ProgramServicesAmt08072
IRS990/OfficeExpensesGrp/TotalAmt013454
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0225963
IRS990/OtherAssetsTotalGrp/EOYAmt0905211
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt017589
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09405
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01118965
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01145959
IRS990/OtherExpensesGrp/Desc0INSTRUCTION AND STUDENT
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSE
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/FundraisingAmt017215
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010299
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1100821
IRS990/OtherExpensesGrp/ProgramServicesAmt0422867
IRS990/OtherExpensesGrp/ProgramServicesAmt1195682
IRS990/OtherExpensesGrp/ProgramServicesAmt211528
IRS990/OtherExpensesGrp/ProgramServicesAmt315247
IRS990/OtherExpensesGrp/TotalAmt0422867
IRS990/OtherExpensesGrp/TotalAmt1205981
IRS990/OtherExpensesGrp/TotalAmt2129564
IRS990/OtherExpensesGrp/TotalAmt315247
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt067654
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt067654
IRS990/OtherRevenueTotalAmt067654
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0224248
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0277327
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02630462
IRS990/OtherSalariesAndWagesGrp/TotalAmt03132037
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0200
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0200
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt017340
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021953
IRS990/PayrollTaxesGrp/ProgramServicesAmt0263831
IRS990/PayrollTaxesGrp/TotalAmt0303124
IRS990/PensionPlanContributionsGrp/FundraisingAmt0681
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04543
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt059751
IRS990/PensionPlanContributionsGrp/TotalAmt064975
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt018095
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt029400
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt059984
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt068600
IRS990/PrincipalOfficerNm0MR JAMES T HOECK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010015374
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010015374
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01287873
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03617521
IRS990/PYInvestmentIncomeAmt02970
IRS990/PYOtherExpensesAmt02466191
IRS990/PYOtherRevenueAmt0276351
IRS990/PYProgramServiceRevenueAmt09044820
IRS990/PYRevenuesLessExpensesAmt0117439
IRS990/PYSalariesCompEmpBnftPaidAmt04410863
IRS990/PYTotalExpensesAmt010494575
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010612014
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0505598
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt099797
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt010762276
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0204422
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0138659
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt07623984
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09760076
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017384060
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0814865
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04381
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0819246
IRS990ScheduleD/EquipmentGrp/BookValueAmt0160645
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01557911
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01718556
IRS990ScheduleD/ExpensesNotReportedAmt047627
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03792643
IRS990ScheduleD/ExpensesSubtotalAmt07265589
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03063462
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03063462
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0228605
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01144332
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01372937
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0905211
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EMPLOYEE RETENTION TAX CREDIT RECEIVABLE
IRS990ScheduleD/OtherExpensesIncludedAmt047627
IRS990ScheduleD/OtherExpensesNotIncludedAmt03792643
IRS990ScheduleD/OtherRevenueAmt047627
IRS990ScheduleD/OtherRevenuesNotIncludedAmt03792643
IRS990ScheduleD/RevenueNotReportedAmt047627
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt03792643
IRS990ScheduleD/RevenueSubtotalAmt07771187
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY QUALIFIES AS A TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE ACADEMY FILES INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL AND MASSACHUSETTS STATE JURISDICTIONS. THE ACADEMY IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME, IF ANY. THE ACADEMY ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC TOPIC INCOME TAXES. THE TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TOPIC ALSO PROVIDES GUIDANCE ON RECOGNITION, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AT JUNE 30, 2022 AND 2021, MANAGEMENT BELIEVES THAT THE ACADEMY HAS NO MATERIAL UNCERTAIN TAX POSITIONS.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,042,958
Liabilities
$11,269,689
Net assets
$1,773,269
Revenue
$11,563,830
Expenses
$11,058,232
Net income
$505,598
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.9$9.43$2.51$11.3$11.2$0.06
2023Detailed filing. Detailed filing data is available for this year.$11.9$9.49$2.46$12.2$11.5$0.68
2022Detailed filing. Detailed filing data is available for this year.$13.0$11.3$1.77$11.6$11.1$0.51
2021Detailed filing. Detailed filing data is available for this year.$13.2$12.0$1.27$10.6$10.5$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.5$12.3$1.15$7.42$9.68$2.26
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$9.48$3.41$8.21$9.87$1.66
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.9$8.85$5.07$7.12$10.8$3.63
2017Detailed filing. Detailed filing data is available for this year.$15.0$6.26$8.70$6.75$9.86$3.11
2016Detailed filing. Detailed filing data is available for this year.$15.3$3.45$11.8$6.99$9.32$2.33
2015Detailed filing. Detailed filing data is available for this year.$16.0$1.82$14.1$7.61$8.90$1.29
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$18.1$2.14$15.9$8.23$9.50$1.27
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$19.2$2.22$17.0$8.57$9.73$1.16
2012Summary only. Only limited summary data is available for this year.$21.3$3.28$18.0$8.12$9.34$1.22
2011Summary only. Only limited summary data is available for this year.$22.7$3.46$19.2$7.81$8.70$0.89