Civic Intelligence

Browne Academy

990 • Fiscal year 2019 • EIN 23-2261841

Sep 01, 2018 to Aug 31, 2019 • Filed on Jun 30, 2020

Organization Profilewww.browneacademy.org

View Organization Page

5917 Telegraph RoadAlexandria, VA 22310

(703) 960-3000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.81x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

1.12x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

17th percentile

-9.9%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

80th percentile

$310,664

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

10th percentile

-7.5%

Faster asset growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-3.9%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$10,069,073

Down $815,152 (-7.5%) from 2018

Net Assets

Down

$1,955,431

Down $763,874 (-28%) from 2018

Liabilities

Down

$8,113,642

Down $51,278 (-0.6%) from 2018

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin17th percentile

Revenue

Down

$7,223,241

Down $295,947 (-3.9%) from 2018

Expenses

Up

$7,941,268

Up $276,764 (+3.6%) from 2018

Net Income

Down

-$718,027

Down $572,711 (-394%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$15M$10M$5.0M$0Assets 2010: $13,345,463Liabilities 2010: $10,506,550Net Assets 2010: $2,838,9132010Assets 2011: $13,943,603Liabilities 2011: $11,319,544Net Assets 2011: $2,624,0592011Assets 2012: $13,593,220Liabilities 2012: $11,094,008Net Assets 2012: $2,499,2122012Assets 2013: $12,995,489Liabilities 2013: $10,022,086Net Assets 2013: $2,973,4032013Assets 2014: $12,500,606Liabilities 2014: $9,717,391Net Assets 2014: $2,783,2152014Assets 2015: $11,864,920Liabilities 2015: $9,239,249Net Assets 2015: $2,625,6712015Assets 2016: $11,725,196Liabilities 2016: $9,261,190Net Assets 2016: $2,464,0062016Assets 2017: $11,614,896Liabilities 2017: $8,939,044Net Assets 2017: $2,675,8522017Assets 2018: $10,884,225Liabilities 2018: $8,164,920Net Assets 2018: $2,719,3052018Assets 2019: $10,069,073Liabilities 2019: $8,113,642Net Assets 2019: $1,955,4312019Assets 2020: $9,567,337Liabilities 2020: $8,684,945Net Assets 2020: $882,3922020Assets 2021: $10,717,747Liabilities 2021: $8,845,753Net Assets 2021: $1,871,9942021Assets 2022: $10,406,201Liabilities 2022: $7,910,188Net Assets 2022: $2,496,0132022Assets 2023: $11,183,860Liabilities 2023: $7,797,927Net Assets 2023: $3,385,9332023Assets 2024: $10,918,326Liabilities 2024: $7,987,493Net Assets 2024: $2,930,8332024

Highlighted filing

2019

Assets$10,069,073
Liabilities$8,113,642
Net Assets$1,955,431
Open 2019 Filing

Operations Trend

Revenue Growth28th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $7,895,4362010Revenue 2011: $8,318,389Expenses 2011: $8,072,233Net Income 2011: $246,1562011Revenue 2012: $8,501,437Expenses 2012: $8,351,268Net Income 2012: $150,1692012Revenue 2013: $8,421,451Expenses 2013: $8,374,914Net Income 2013: $46,5372013Revenue 2014: $7,657,587Expenses 2014: $7,784,307Net Income 2014: -$126,7202014Revenue 2015: $7,161,090Expenses 2015: $7,305,255Net Income 2015: -$144,1652015Revenue 2016: $7,405,630Expenses 2016: $7,551,342Net Income 2016: -$145,7122016Revenue 2017: $7,737,381Expenses 2017: $7,691,311Net Income 2017: $46,0702017Revenue 2018: $7,519,188Expenses 2018: $7,664,504Net Income 2018: -$145,3162018Revenue 2019: $7,223,241Expenses 2019: $7,941,268Net Income 2019: -$718,0272019Revenue 2020: $7,215,071Expenses 2020: $8,341,053Net Income 2020: -$1,125,9822020Revenue 2021: $8,503,997Expenses 2021: $8,388,885Net Income 2021: $115,1122021Revenue 2022: $9,824,282Expenses 2022: $9,196,298Net Income 2022: $627,9842022Revenue 2023: $9,807,268Expenses 2023: $8,927,475Net Income 2023: $879,7932023Revenue 2024: $7,901,152Expenses 2024: $8,372,051Net Income 2024: -$470,8992024

Highlighted filing

2019

Revenue$7,223,241
Expenses$7,941,268
Net Income-$718,027
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jun 30, 2020
Return Version
2018v3.1
Gross Receipts
$7,273,584
Mission and Program Overview

Mission

The Academy is a pre-kindergarten through grade eight independent school preparing girls and boys in the metropolitan Washington, DC area for competitive secondary schools. The Academy is a diverse independent day school committed to developing the whole child.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,389,515$8,125,793▼ $263,722
Cash and Non-Interest-Bearing Accounts$1,663,345$1,113,333▼ $550,012
Savings and Temporary Cash Investments$542,946$548,676▲ $5,730
Accounts Receivable$205,483$184,853▼ $20,630
Prepaid Expenses and Deferred Charges$60,835$81,418▲ $20,583
Total Assets$10,884,225$10,069,073▼ $815,152
Other Assets Total$22,101$15,000▼ $7,101
Liabilities
Tax Exempt Bond Liabilities$6,449,890$6,257,429▼ $192,461
Deferred Revenue$1,423,419$1,355,789▼ $67,630
Accounts Payable and Accrued Expenses$179,008$293,817▲ $114,809
Other Liabilities$112,603$206,607▲ $94,004
Total Liabilities$8,164,920$8,113,642▼ $51,278
Net Assets / Fund Balance
Unrestricted Net Assets$2,635,472$1,867,626▼ $767,846
Temporarily Rstr Net Assets$73,723$77,695▲ $3,972
Permanently Rstr Net Assets$10,110$10,110→ $0
Total Net Assets Fund Balance$2,719,305$1,955,431▼ $763,874
Total Liabilities and Net Assets / Fund Balance$10,884,225$10,069,073▼ $815,152

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,815,963$5,638,056$12,454,019
Equipment$441,295$1,414,015$1,855,310
Land$868,535-$868,535
Other Land Buildings$0$35,577$35,577

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$9,807$0▼ $161$0$9,646
2017$0$10,110▼ $303$0$9,807
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peggy Otey--$269,471$61,193$330,664
Peggy OteyPresident/Head of SchoolFT$269,471$41,193$310,664
Ann Feeley-LeetzTreasurer/Business ManagerFT$126,485$18,226$144,711

Board Members and Trustees

NameTitle
Jeffrey BrooksChair
Bryan BonnerVice Chair
Jacquie BloomHead Support/Trustee
Akilah HarrisTrustee
Charles PlattTrustee
Christopher LettieriTrustee
Debbie McCain WesleyTrustee
Earl BrownTrustee
Jacqueline RoundtreeTrustee
Jeffrey ShortTrustee
Joan DeBoerTrustee
Julia EbronTrustee
Omar ShiblaqTrustee
Patricia M St GeorgeTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$274,651
Program Service Revenue
$6,946,231
Investment Income
$-842
Other Revenue
$3,201
All Other Contributions
$126,619
Change in Net Assets
$-718,027

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,242,142
Revenue Not Reported on Financial Statements
$-18,901
Revenue Not Reported on Form 990
$-1,325,606
Other Revenue Adjustments
$-19,076
Total Revenue per Audited Statements
$5,916,536
Total Revenue per Form 990
$7,223,241
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,738,460
Other Expenses$1,923,049
Grants and Similar Amounts Paid$1,270,809
Total Fundraising Expense$152,445
Professional Fundraising Fees$8,950

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,124,960$217,623$92,769$3,435,352
Grants to Domestic Individuals$1,270,809--$1,270,809
Current Officers, Directors, Trustees, and Key Employees$164,121$308,765$0$472,886
Depreciation Depletion$392,765$39,276$4,364$436,405
Other Employee Benefits$327,400$97,343$7,865$432,608
Payroll Taxes$229,994$31,116$5,754$266,864
Interest$213,147$21,315$2,368$236,830
Information Technology$161,458$15,407$1,712$178,577
Office Expenses$87,000$57,857$1,145$146,002
Pension Plan Contributions$101,095$25,023$4,632$130,750
Occupancy$70,740$7,074$786$78,600
Advertising$57,861$0$0$57,861
Insurance$51,567$5,157$572$57,296
Conferences and Meetings$56,650$0$0$56,650
All Other Expenses$20,818$0$19,334$40,152
Fees for Services Other$0$27,200$0$27,200
Fees for Services Legal$0$16,038$0$16,038
Fees for Services Professional Fundraising--$8,950$8,950
Fees for Service Investment Mgmnt Fees$0$175$0$175
Other Expenses$-32,738$-3,274$-364$-36,376
Total Functional Expenses$6,899,712$889,111$152,445$7,941,268

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,941,268
Total Expenses per Audited Statements$6,680,410
Expenses per Audited Statements$6,661,334
Expenses Not Reported on Financial Statements$1,279,934
Other Expense Adjustments$1,279,759
Expenses Not Reported on Form 990$19,076
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$43,596
Fundraising Gross Income$24,322
Professional Fundraising Fees$8,950

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dues$24,805$0-$0
Auction$140,612$17,385$5,371$12,014
Total Events$165,417$17,385$31,267$-13,882
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ethan HarrisSon of TrusteeFinancial aidNo$17,315
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital lease obligations$114,131
Interest rate swap liability$92,476

Bond Issues

BondIssuerIssuedIssue PricePurpose
AFairfax County Economic Dev Authority2010-11-01$7,900,000Refinance the existing loans

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$7,900,000$7,738,951$0$161,049

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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
Filing and Contact Details

Filer

Filer Name
Bsi Inc
EIN
23-2261841
Phone
7039603000
Address
5917 Telegraph Road, Alexandria, VA 22310
Doing Business As
Browne Academy

Signing Officer

Name
Peggy Otey
Title
President/Head of School
Phone
7039603000
Signed
2020-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Feeley-Leetz
Formed
1984
Legal Domicile
Va
Voting Board Members
14
Independent Board Members
14
Employees
135
Volunteers
50

Preparer

Firm
Hozik & Company PLC
Address
374 Maple Ave E Ste 305, Vienna, VA 22180-4718
Preparer
Corrie Scott
Phone
7032727109
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The form was reviewed by the Finance and Audit committees and upon completion of the review it was sent to the remaining members of the Board for review and comment prior to its submission.”

Pt VI, Line 12C

“The Board of Trustees are required to disclose any conflicts of interest and these are reviewed on an annual basis.”

Pt VI, Line 15A

“The Head Support Committee of the Board of Trustees”

Pt VI, Line 15B

“obtains comparative data on head salaries from recognized independent sources as related to the local and national markets for like institutions. This data is reviewed and any changes in compensation are determined on the basis of this review.”

Pt VI, Line 19

“The Academy's governing documents, conflict of public interest policy and financial statements are available public upon request.”

Form 990, Part IX, Line 24E

“Parents Association 20818. 20818. 0. 0.”

Form 990, Part IX, Line 24E

“Development 19334. 0. 0. 19334.”

Financial Statement Notes

Pt XI, Line 2D

“Reclass financial aid of $1,270,809 and professional fundraising expense $8,950.”

Pt XI, Line 4B

“Reclass special event expenses and loss on disposal of fixed assets.”

Pt XII, Line 2D

“Reclass special event expenses and loss on disposal of fixed assets.”

Pt XII, Line 4B

“Reclass financial aid $1,270,809 and professional fundraising expense $8,950.”

Pt V, Line 4

“The Endowment Funds purpose is to further the mission of the Academy.”

Raw XML AppendixShowing 400 of 720 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0179008
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0293817
IRS990/AccountsReceivableGrp/BOYAmt0205483
IRS990/AccountsReceivableGrp/EOYAmt0184853
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Academy is a pre-kindergarten through grade eight independent school preparing girls and boys in the metropolitan Washington, DC area for competitive secondary schools. The Academy is a diverse independent day school committed to developing the whole child.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt057861
IRS990/AdvertisingGrp/TotalAmt057861
IRS990/AllOtherContributionsAmt0126619
IRS990/AllOtherExpensesGrp/FundraisingAmt019334
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt020818
IRS990/AllOtherExpensesGrp/TotalAmt040152
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Ann Feeley-Leetz
IRS990/BooksInCareOfDetail/PhoneNum05714511008
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05917 Telegraph Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Alexandria
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd022314
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01663345
IRS990/CashNonInterestBearingGrp/EOYAmt01113333
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0308765
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0164121
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0472886
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt056650
IRS990/ConferencesMeetingsGrp/TotalAmt056650
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0148032
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0274651
IRS990/CYGrantsAndSimilarPaidAmt01270809
IRS990/CYInvestmentIncomeAmt0-842
IRS990/CYOtherExpensesAmt01923049
IRS990/CYOtherRevenueAmt03201
IRS990/CYProgramServiceRevenueAmt06946231
IRS990/CYRevenuesLessExpensesAmt0-718027
IRS990/CYSalariesCompEmpBnftPaidAmt04738460
IRS990/CYTotalExpensesAmt07941268
IRS990/CYTotalFundraisingExpenseAmt0152445
IRS990/CYTotalProfFndrsngExpnsAmt08950
IRS990/CYTotalRevenueAmt07223241
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01423419
IRS990/DeferredRevenueGrp/EOYAmt01355789
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt04364
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt039276
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0392765
IRS990/DepreciationDepletionGrp/TotalAmt0436405
IRS990/Desc0An unwavering commitment to academic excellence forms the cornerstone of the Academy's educational philosophy. The School achieves this commitment by fostering a passion for lifelong learning and by channeling this passion into a rigorous educational program. A comprehensive and challenging curriculum provides the essential foundation for each student's (approximately 189 students) future academic success, physical growth and emotional development. This curriculum is designed to promote student excellence within and across each of the following disciplines: English (language arts and reading), mathematics, science, world languages, social studies and history, fine arts, technology, and physical education. The Academy offers a wide variety of extracurricular activities ranging from sports (soccer, basketball, and softball) to the fine arts (drama, art, and music lessons). Each trimester the Academy offers new extracurricular opportunities through the extended day program which offers services from 7:00 to 8:00 AM and 3:15 to 6:00 PM.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0Browne Academy
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0135
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt06746655
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt016038
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt016038
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt027200
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt027200
IRS990/FeesForServicesProfFundraising/FundraisingAmt08950
IRS990/FeesForServicesProfFundraising/TotalAmt08950
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0175
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0175
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
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/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt141193
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt218226
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/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0Debbie McCain Wesley
IRS990/Form990PartVIISectionAGrp/PersonNm1Peggy Otey
IRS990/Form990PartVIISectionAGrp/PersonNm2Ann Feeley-Leetz
IRS990/Form990PartVIISectionAGrp/PersonNm3Bryan Bonner
IRS990/Form990PartVIISectionAGrp/PersonNm4Jeffrey Brooks
IRS990/Form990PartVIISectionAGrp/PersonNm5Joan DeBoer
IRS990/Form990PartVIISectionAGrp/PersonNm6Patricia M St George
IRS990/Form990PartVIISectionAGrp/PersonNm7Earl Brown
IRS990/Form990PartVIISectionAGrp/PersonNm8Charles Platt
IRS990/Form990PartVIISectionAGrp/PersonNm9Christopher Lettieri
IRS990/Form990PartVIISectionAGrp/PersonNm10Omar Shiblaq
IRS990/Form990PartVIISectionAGrp/PersonNm11Julia Ebron
IRS990/Form990PartVIISectionAGrp/PersonNm12Jacquie Bloom
IRS990/Form990PartVIISectionAGrp/PersonNm13Jacqueline Roundtree
IRS990/Form990PartVIISectionAGrp/PersonNm14Akilah Harris
IRS990/Form990PartVIISectionAGrp/PersonNm15Jeffrey Short
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1269471
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2126485
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/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1President/Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer/Business Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Head Support/Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0148032
IRS990/FundraisingDirectExpensesAmt043596
IRS990/FundraisingGrossIncomeAmt024322
IRS990/GainOrLossGrp/OtherAmt0-6747
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt01270809
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01270809
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01270809
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossReceiptsAmt07273584
IRS990/GrossRentsGrp/RealAmt022475
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01712
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt015407
IRS990/InformationTechnologyGrp/ProgramServicesAmt0161458
IRS990/InformationTechnologyGrp/TotalAmt0178577
IRS990/InsuranceGrp/FundraisingAmt0572
IRS990/InsuranceGrp/ManagementAndGeneralAmt05157
IRS990/InsuranceGrp/ProgramServicesAmt051567
IRS990/InsuranceGrp/TotalAmt057296
IRS990/InterestGrp/FundraisingAmt02368
IRS990/InterestGrp/ManagementAndGeneralAmt021315
IRS990/InterestGrp/ProgramServicesAmt0213147
IRS990/InterestGrp/TotalAmt0236830
IRS990/InvestmentIncomeGrp/ExclusionAmt05905
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05905
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07087648
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08389515
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08125793
IRS990/LandBldgEquipCostOrOtherBssAmt015213441
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt06747
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Academy is a pre-kindergarten through grade eight independent school preparing girls and boys in the metropolitan Washington, DC area for competitive secondary schools. The Academy is a diverse independent day school committed to developing the whole child.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02719305
IRS990/NetAssetsOrFundBalancesEOYAmt01955431
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-6747
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-6747
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-19274
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-19274
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt022475
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt022475
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-45847
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0786
IRS990/OccupancyGrp/ManagementAndGeneralAmt07074
IRS990/OccupancyGrp/ProgramServicesAmt070740
IRS990/OccupancyGrp/TotalAmt078600
IRS990/OfficeExpensesGrp/FundraisingAmt01145
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt057857
IRS990/OfficeExpensesGrp/ProgramServicesAmt087000
IRS990/OfficeExpensesGrp/TotalAmt0146002
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022101
IRS990/OtherAssetsTotalGrp/EOYAmt015000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07865
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt097343
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0327400
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0432608
IRS990/OtherExpensesGrp/Desc0Summer camp
IRS990/OtherExpensesGrp/Desc1Repairs and maintenance
IRS990/OtherExpensesGrp/Desc2Instruction/student activities
IRS990/OtherExpensesGrp/Desc3Bad debt (recovery)
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt12558
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt3-364
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt123016
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3-3274
IRS990/OtherExpensesGrp/ProgramServicesAmt0153057
IRS990/OtherExpensesGrp/ProgramServicesAmt1230166
IRS990/OtherExpensesGrp/ProgramServicesAmt2218842
IRS990/OtherExpensesGrp/ProgramServicesAmt3-32738
IRS990/OtherExpensesGrp/TotalAmt0153057
IRS990/OtherExpensesGrp/TotalAmt1255740
IRS990/OtherExpensesGrp/TotalAmt2218842
IRS990/OtherExpensesGrp/TotalAmt3-36376
IRS990/OtherLiabilitiesGrp/BOYAmt0112603
IRS990/OtherLiabilitiesGrp/EOYAmt0206607
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt092769
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0217623
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03124960
IRS990/OtherSalariesAndWagesGrp/TotalAmt03435352
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt05754
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt031116
IRS990/PayrollTaxesGrp/ProgramServicesAmt0229994
IRS990/PayrollTaxesGrp/TotalAmt0266864
IRS990/PensionPlanContributionsGrp/FundraisingAmt04632
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt025023
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0101095
IRS990/PensionPlanContributionsGrp/TotalAmt0130750
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt010110
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt010110
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt060835
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt081418
IRS990/PrincipalOfficerNm0Ann Feeley-Leetz
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and fees
IRS990/ProgramServiceRevenueGrp/Desc1Camp
IRS990/ProgramServiceRevenueGrp/Desc2Other School income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06078801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1866681
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2749
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0The Academy also offers a summer camp for eight weeks throughout the summer that operates on the entire 11 acre campus (approximately 461 students). Camp attendees are offered various educational activities that are dedicated to providing a memorable experience for every camper in a safe, fun-filled and caring environment that fosters friendship and mutual respect for one another. Camps are also offered over the winter holiday break and spring break.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0153057
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0866681
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0255401
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0999967
IRS990/PYInvestmentIncomeAmt02591
IRS990/PYOtherExpensesAmt01959609
IRS990/PYOtherRevenueAmt012818
IRS990/PYProgramServiceRevenueAmt07248378
IRS990/PYRevenuesLessExpensesAmt0-145316
IRS990/PYSalariesCompEmpBnftPaidAmt04695678
IRS990/PYTotalExpensesAmt07664504
IRS990/PYTotalProfFndrsngExpnsAmt09250
IRS990/PYTotalRevenueAmt07519188
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-718027
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt022475
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,069,073
Liabilities
$8,113,642
Net assets
$1,955,431
Revenue
$7,223,241
Expenses
$7,941,268
Net income
-$718,027
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$7.99$2.93$7.90$8.37$0.47
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$7.80$3.39$9.81$8.93$0.88
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$7.91$2.50$9.82$9.20$0.63
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$8.85$1.87$8.50$8.39$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.57$8.68$0.88$7.22$8.34$1.13
2019Detailed filing. Detailed filing data is available for this year.$10.1$8.11$1.96$7.22$7.94$0.72
2018Summary only. Only limited summary data is available for this year.$10.9$8.16$2.72$7.52$7.66$0.15
2017Summary only. Only limited summary data is available for this year.$11.6$8.94$2.68$7.74$7.69$0.05
2016Summary only. Only limited summary data is available for this year.$11.7$9.26$2.46$7.41$7.55$0.15
2015Summary only. Only limited summary data is available for this year.$11.9$9.24$2.63$7.16$7.31$0.14
2014Summary only. Only limited summary data is available for this year.$12.5$9.72$2.78$7.66$7.78$0.13
2013Summary only. Only limited summary data is available for this year.$13.0$10.0$2.97$8.42$8.37$0.05
2012Summary only. Only limited summary data is available for this year.$13.6$11.1$2.50$8.50$8.35$0.15
2011Summary only. Only limited summary data is available for this year.$13.9$11.3$2.62$8.32$8.07$0.25
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$10.5$2.84$7.90