Civic Intelligence

Browne Academy

990 • Fiscal year 2020 • EIN 23-2261841

Sep 01, 2019 to Aug 31, 2020 • Filed on Jul 14, 2021

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

90th percentile

0.91x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

83rd percentile

1.20x

Higher debt load relative to revenue than 83% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$311,690

Higher top officer pay than 89% of similar nonprofits.

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

13th percentile

-5.0%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

45th percentile

-0.1%

Faster revenue growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$9,567,337

Down $501,736 (-5.0%) from 2019

Net Assets

Down

$882,392

Down $1,073,039 (-55%) from 2019

Liabilities

Up

$8,684,945

Up $571,303 (+7.0%) from 2019

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin16th percentile

Revenue

Down

$7,215,071

Down $8,170 (-0.1%) from 2019

Expenses

Up

$8,341,053

Up $399,785 (+5.0%) from 2019

Net Income

Down

-$1,125,982

Down $407,955 (-57%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2020

Assets$9,567,337
Liabilities$8,684,945
Net Assets$882,392
Open 2020 Filing

Operations Trend

Revenue Growth45th 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

2020

Revenue$7,215,071
Expenses$8,341,053
Net Income-$1,125,982
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jul 14, 2021
Return Version
2019v5.1
Gross Receipts
$7,249,883
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$8,125,793$7,844,674▼ $281,119
Cash and Non-Interest-Bearing Accounts$1,113,333$892,343▼ $220,990
Savings and Temporary Cash Investments$548,676$556,052▲ $7,376
Accounts Receivable$184,853$205,321▲ $20,468
Prepaid Expenses and Deferred Charges$81,418$53,947▼ $27,471
Total Assets$10,069,073$9,567,337▼ $501,736
Other Assets Total$15,000$15,000→ $0
Liabilities
Tax Exempt Bond Liabilities$6,257,429$6,167,180▼ $90,249
Deferred Revenue$1,355,789$1,348,262▼ $7,527
Unsecured Notes Loans Payable-$834,957-
Accounts Payable and Accrued Expenses$293,817$205,907▼ $87,910
Other Liabilities$206,607$128,639▼ $77,968
Total Liabilities$8,113,642$8,684,945▲ $571,303
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,867,626$753,868▼ $1,113,758
Net Assets With Donor Restrictions$87,805$128,524▲ $40,719
Total Net Assets Fund Balance$1,955,431$882,392▼ $1,073,039
Total Liabilities and Net Assets / Fund Balance$10,069,073$9,567,337▼ $501,736

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,866,596$5,638,056$12,504,652
Equipment$109,543$1,859,627$1,969,170
Land$868,535-$868,535
Other Land Buildings$0$35,577$35,577

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$9,646-▼ $172$0$9,474
2018$9,807$0▼ $161$0$9,646
2017$0$10,110▼ $303$0$9,807
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peggy OteyPresident/Head of SchoolFT$259,914$51,776$311,690
Peggy Otey--$234,557$77,133$311,690
Ann Feeley-LeetzTreasurer/Business ManagerFT$139,910$22,303$162,213
Ann Feeley-Leetz--$129,910$32,303$162,213
Mike SassoDirector of Advancement & Institutional GrowthFT$99,382$5,466$104,848

Board Members and Trustees

NameTitle
Jeffrey BrooksChair
Bryan BonnerVice Chair
Jacquie BloomHead Support/Trustee
Akilah HarrisTrustee
Cecelia PrewettTrustee
Charles PlattTrustee
Christopher LettieriTrustee
Earl BrownTrustee
Jeffrey ShortTrustee
Joan DeBoerTrustee
Julia EbronTrustee
Michael LowsenTrustee
Patricia M St GeorgeTrustee
Valerie HardyTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$364,740
Program Service Revenue
$6,836,503
Investment Income
$6,846
Other Revenue
$6,982
All Other Contributions
$169,048
Change in Net Assets
$-1,125,982

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,217,149
Revenue Not Reported on Financial Statements
$-2,078
Revenue Not Reported on Form 990
$-824,556
Other Revenue Adjustments
$-2,250
Total Revenue per Audited Statements
$6,392,593
Total Revenue per Form 990
$7,215,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,711,733
Other Expenses$1,916,864
Grants and Similar Amounts Paid$1,705,206
Total Fundraising Expense$157,993
Professional Fundraising Fees$7,250

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,968,059$230,252$92,309$3,290,620
Grants to Domestic Individuals$1,705,206--$1,705,206
Other Employee Benefits$411,417$100,853$9,387$521,657
Current Officers, Directors, Trustees, and Key Employees$161,410$342,962$0$504,372
Depreciation Depletion$401,050$40,105$4,456$445,611
Interest$308,138$30,814$3,424$342,376
Payroll Taxes$217,310$32,134$5,662$255,106
Information Technology$150,533$14,035$1,559$166,127
Pension Plan Contributions$117,431$16,745$5,802$139,978
Office Expenses$75,751$49,242$1,151$126,144
Other Expenses$83,646$8,365$929$92,940
Occupancy$77,878$7,788$865$86,531
Advertising$65,662$0$0$65,662
Insurance$58,992$5,899$655$65,546
All Other Expenses$12,674$0$22,084$34,758
Fees for Services Other$0$23,434$0$23,434
Fees for Services Professional Fundraising--$7,250$7,250
Fees for Services Legal$0$6,496$0$6,496
Fees for Service Investment Mgmnt Fees$0$172$0$172
Total Functional Expenses$7,251,621$931,439$157,993$8,341,053

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,341,053
Total Expenses per Audited Statements$6,630,675
Expenses per Audited Statements$6,628,425
Expenses Not Reported on Financial Statements$1,712,628
Other Expense Adjustments$1,712,456
Expenses Not Reported on Form 990$2,250
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$34,812
Fundraising Gross Income$20,635
Professional Fundraising Fees$7,250

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dues$26,813$0-$0
Auction$189,270$20,391$8,239$12,152
Total Events$216,083$20,391$32,562$-12,171
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
Elle HarrisDaughter of TrusteeFinancial aidNo$18,500
Ethan HarrisSon of TrusteeFinancial aidNo$11,475
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital lease obligations$89,106
Interest rate swap liability$39,533

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 35% controlled entity
No
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
Ann Feeley-Leetz
Title
Treasurer/Business Manager
Phone
7039603000
Signed
2021-07-14
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
132
Volunteers
50

Preparer

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

Additional Explanations

Pt VI, Line 11B

“The Form 990 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.”

Financial Statement Notes

Pt XI, Line 2D

“Reclass financial aid of $1,705,206 and professional fundraising expense $7,250. Paycheck Protection Program Grant needed to be reclassified to a balance sheet libility since the grant was not forgiven by the SBA until fiscal year 2021.”

Pt XI, Line 4B

“Reclass special event expenses.”

Pt XII, Line 2D

“Reclass special event expenses.”

Pt XII, Line 4B

“Reclass financial aid $1,705,206 and professional fundraising expense $7,250.”

Pt V, Line 4

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

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IRS990/Form990PartVIISectionAGrp/PersonNm7Earl Brown
IRS990/Form990PartVIISectionAGrp/PersonNm8Charles Platt
IRS990/Form990PartVIISectionAGrp/PersonNm9Christopher Lettieri
IRS990/Form990PartVIISectionAGrp/PersonNm10Cecelia Prewett
IRS990/Form990PartVIISectionAGrp/PersonNm11Julia Ebron
IRS990/Form990PartVIISectionAGrp/PersonNm12Jacquie Bloom
IRS990/Form990PartVIISectionAGrp/PersonNm13Akilah Harris
IRS990/Form990PartVIISectionAGrp/PersonNm14Jeffrey Short
IRS990/Form990PartVIISectionAGrp/PersonNm15Valerie Hardy
IRS990/Form990PartVIISectionAGrp/PersonNm16Michael Lowsen
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0259914
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1139910
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt299382
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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/ReportableCompFromOrgAmt160
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/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0President/Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer/Business Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director of Advancement & Institutional Growth
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/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0195692
IRS990/FundraisingDirectExpensesAmt034812
IRS990/FundraisingGrossIncomeAmt020635
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt01705206
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01705206
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01705206
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt07249883
IRS990/GrossRentsGrp/RealAmt021159
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01559
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt014035
IRS990/InformationTechnologyGrp/ProgramServicesAmt0150533
IRS990/InformationTechnologyGrp/TotalAmt0166127
IRS990/InsuranceGrp/FundraisingAmt0655
IRS990/InsuranceGrp/ManagementAndGeneralAmt05899
IRS990/InsuranceGrp/ProgramServicesAmt058992
IRS990/InsuranceGrp/TotalAmt065546
IRS990/InterestGrp/FundraisingAmt03424
IRS990/InterestGrp/ManagementAndGeneralAmt030814
IRS990/InterestGrp/ProgramServicesAmt0308138
IRS990/InterestGrp/TotalAmt0342376
IRS990/InvestmentIncomeGrp/ExclusionAmt06846
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06846
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07533260
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08125793
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07844674
IRS990/LandBldgEquipCostOrOtherBssAmt015377934
IRS990/LegalDomicileStateCd0VA
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/NetAssetsOrFundBalancesBOYAmt01955431
IRS990/NetAssetsOrFundBalancesEOYAmt0882392
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-14177
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-14177
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt021159
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt021159
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt052943
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01867626
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0753868
IRS990/NoncashContributionsAmt010170
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0865
IRS990/OccupancyGrp/ManagementAndGeneralAmt07788
IRS990/OccupancyGrp/ProgramServicesAmt077878
IRS990/OccupancyGrp/TotalAmt086531
IRS990/OfficeExpensesGrp/FundraisingAmt01151
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt049242
IRS990/OfficeExpensesGrp/ProgramServicesAmt075751
IRS990/OfficeExpensesGrp/TotalAmt0126144
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt015000
IRS990/OtherAssetsTotalGrp/EOYAmt015000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt09387
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0100853
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0411417
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0521657
IRS990/OtherExpensesGrp/Desc0Summer camp
IRS990/OtherExpensesGrp/Desc1Repairs and maintenance
IRS990/OtherExpensesGrp/Desc2Instruction/student activities
IRS990/OtherExpensesGrp/Desc3Bad debt
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt12460
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt3929
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122143
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt38365
IRS990/OtherExpensesGrp/ProgramServicesAmt04968
IRS990/OtherExpensesGrp/ProgramServicesAmt1221432
IRS990/OtherExpensesGrp/ProgramServicesAmt2210064
IRS990/OtherExpensesGrp/ProgramServicesAmt383646
IRS990/OtherExpensesGrp/TotalAmt04968
IRS990/OtherExpensesGrp/TotalAmt1246035
IRS990/OtherExpensesGrp/TotalAmt2210064
IRS990/OtherExpensesGrp/TotalAmt392940
IRS990/OtherLiabilitiesGrp/BOYAmt0206607
IRS990/OtherLiabilitiesGrp/EOYAmt0128639
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt092309
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0230252
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02968059
IRS990/OtherSalariesAndWagesGrp/TotalAmt03290620
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt05662
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt032134
IRS990/PayrollTaxesGrp/ProgramServicesAmt0217310
IRS990/PayrollTaxesGrp/TotalAmt0255106
IRS990/PensionPlanContributionsGrp/FundraisingAmt05802
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016745
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0117431
IRS990/PensionPlanContributionsGrp/TotalAmt0139978
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt081418
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053947
IRS990/PrincipalOfficerNm0Ann Feeley-Leetz
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and fees
IRS990/ProgramServiceRevenueGrp/Desc1Camp
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06720007
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1116496
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0The Academy also offers a summer camp for eight weeks throughout the summer that operates on the entire 11 acre campus (approximately 40 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/ExpenseAmt04968
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0116496
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0274651
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01270809
IRS990/PYInvestmentIncomeAmt0-842
IRS990/PYOtherExpensesAmt01923049
IRS990/PYOtherRevenueAmt03201
IRS990/PYProgramServiceRevenueAmt06946231
IRS990/PYRevenuesLessExpensesAmt0-718027
IRS990/PYSalariesCompEmpBnftPaidAmt04738460
IRS990/PYTotalExpensesAmt07941268
IRS990/PYTotalProfFndrsngExpnsAmt08950
IRS990/PYTotalRevenueAmt07223241
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1125982
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt021159
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06720007
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0548676
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0556052
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,567,337
Liabilities
$8,684,945
Net assets
$882,392
Revenue
$7,215,071
Expenses
$8,341,053
Net income
-$1,125,982
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
2020Detailed filing. Detailed filing data is available for this year.$9.57$8.68$0.88$7.22$8.34$1.13
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$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