Civic Intelligence

Rocky Mount Academy

990 • Fiscal year 2021 • EIN 23-7005337

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 15, 2022

1313 Avondale AvenueRocky Mount, NC 27803

(252) 443-4126

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.30x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • NTEE B • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.36x

Higher debt load relative to revenue than 60% of similar nonprofits.

2021 filings • NTEE B • $5M-$10M nonprofits • Source year 2021

Net Margin

43rd percentile

6.1%

Higher net margin than 43% of similar nonprofits.

2021 filings • NTEE B • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

68th percentile

$180,080

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2021 filings • NTEE B • $5M-$10M nonprofits • Source year 2021

Asset Growth

28th percentile

1.8%

Faster asset growth than 28% of similar nonprofits.

2021 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

12%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$8,086,918

Up $141,537 (+1.8%) from 2020

Net Assets

Up

$5,627,166

Up $939,049 (+20%) from 2020

Liabilities

Down

$2,459,752

Down $797,512 (-24%) from 2020

Revenue

Up

$6,840,196

Up $744,130 (+12%) from 2020

Expenses

Down

$6,425,124

Down $17,937 (-0.3%) from 2020

Net Income

Up

$415,072

Up $762,067 (+220%) from 2020

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $3,916,938Liabilities 2011: $1,321,010Net Assets 2011: $2,595,9282011Assets 2012: $3,817,473Liabilities 2012: $1,242,089Net Assets 2012: $2,575,3842012Assets 2013: $4,016,043Liabilities 2013: $1,257,608Net Assets 2013: $2,758,4352013Assets 2014: $4,054,791Liabilities 2014: $1,196,839Net Assets 2014: $2,857,9522014Assets 2015: $4,495,920Liabilities 2015: $1,436,627Net Assets 2015: $3,059,2932015Assets 2016: $4,569,076Liabilities 2016: $1,195,538Net Assets 2016: $3,373,5382016Assets 2017: $5,116,428Liabilities 2017: $1,285,667Net Assets 2017: $3,830,7612017Assets 2020: $7,945,381Liabilities 2020: $3,257,264Net Assets 2020: $4,688,1172020Assets 2021: $8,086,918Liabilities 2021: $2,459,752Net Assets 2021: $5,627,1662021Assets 2022: $7,682,754Liabilities 2022: $2,425,130Net Assets 2022: $5,257,6242022

Highlighted filing

2021

Assets$8,086,918
Liabilities$2,459,752
Net Assets$5,627,166

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $4,188,1502011Expenses 2012: $4,889,8652012Expenses 2013: $4,955,2912013Revenue 2014: $5,237,825Expenses 2014: $5,212,530Net Income 2014: $25,2952014Revenue 2015: $5,600,615Expenses 2015: $5,418,511Net Income 2015: $182,1042015Revenue 2016: $5,692,192Expenses 2016: $5,337,011Net Income 2016: $355,1812016Revenue 2017: $6,312,285Expenses 2017: $5,855,062Net Income 2017: $457,2232017Revenue 2020: $6,096,066Expenses 2020: $6,443,061Net Income 2020: -$346,9952020Revenue 2021: $6,840,196Expenses 2021: $6,425,124Net Income 2021: $415,0722021Revenue 2022: $7,236,904Expenses 2022: $7,254,804Net Income 2022: -$17,9002022

Highlighted filing

2021

Revenue$6,840,196
Expenses$6,425,124
Net Income$415,072
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 15, 2022
Return Version
2020v4.0
Gross Receipts
$6,840,196
Mission and Program Overview

Mission

Rocky mount academy is an independent school with the mission to prepare its students for the challenges, opportunities, and responsibilities that they will encounter in life and college.

Rocky mount academy is an independent school with the mission to prepare it's students for the chanllenges, opportunities and responsibilities that they will encounte in life and college..

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,105,096$4,874,025▼ $231,071
Investments in Publicly Traded Securities$1,743,097$2,326,326▲ $583,229
Savings and Temporary Cash Investments$524,183$410,510▼ $113,673
Cash and Non-Interest-Bearing Accounts$374,889$285,249▼ $89,640
Accounts Receivable$127,364$130,598▲ $3,234
Prepaid Expenses and Deferred Charges$60,082$50,117▼ $9,965
Intangible Assets$10,670$8,535▼ $2,135
Inventories for Sale or Use-$1,558-
Total Assets$7,945,381$8,086,918▲ $141,537
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,613,543$1,507,721▼ $105,822
Other Liabilities$1,180,389$506,965▼ $673,424
Accounts Payable and Accrued Expenses$463,332$445,066▼ $18,266
Total Liabilities$3,257,264$2,459,752▼ $797,512
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,688,117$3,268,166▼ $1,419,951
Net Assets With Donor Restrictions-$2,359,000-
Total Net Assets Fund Balance$4,688,117$5,627,166▲ $939,049
Total Liabilities and Net Assets / Fund Balance$7,945,381$8,086,918▲ $141,537

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,200,283$3,211,883$7,412,166
Other Land Buildings$78,398$245,723$324,121
Land$95,604-$95,604
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Beth CovoloHeadmaster-$180,080$180,080
Patsy BradleyFinance OffiFT$100,867$100,867

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$389,315
Program Service Revenue
$5,438,670
Investment Income
$40,094
Other Revenue
$972,117
All Other Contributions
$389,315
Change in Net Assets
$415,072

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,840,196
Total Revenue per Audited Statements
$6,840,196
Total Revenue per Form 990
$6,840,196
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,884,709
Other Expenses$1,525,214
Grants and Similar Amounts Paid$1,015,201
Total Fundraising Expense$144,346
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,887,947$224,618$96,265$3,208,830
Grants to Domestic Individuals$1,015,201--$1,015,201
Occupancy$310,413$36,519$18,259$365,191
Other Employee Benefits$315,312$24,524$10,510$350,346
Depreciation Depletion$305,850$16,269$3,254$325,373
Payroll Taxes$218,599$17,002$7,287$242,888
All Other Expenses$112,617--$112,617
Other Expenses$94,424--$94,424
Office Expenses$72,860$8,573$4,297$85,730
Pension Plan Contributions$74,381$5,785$2,479$82,645
Interest$70,281$7,572-$77,853
Insurance$59,541$10,507-$70,048
Fees for Services Accounting$17,955-$1,995$19,950
Total Functional Expenses$5,929,409$351,369$144,346$6,425,124

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,425,124
Total Expenses per Audited Statements$6,425,124
Total Expenses per Form 990$6,425,124
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$134,635
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$134,635$134,635-$134,635
Total Events$134,635$134,635-$134,635
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Enrollment Deposits$363,106
Current Portion Lt Debt$87,681
Other Advanced Receipts$46,788
Redeemable Certificates$9,390
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

The board of trustees is reminded at each meeting of the conflict of interest policy in order to maintain awareness of the policy and the need to follow it closely.

Form 990, Page 6, Part VI, Line 15A

The headmaster's salary is determined by independent trustees who use both performance criteria and comparative salary data for individuals leading similar organizations with similar responsibilities. Performance goals are set by the independent trustees annually and salary adjustments are made based on performance and comparable salaries.

Form 990, Page 6, Part VI, Line 19

The organization's governming documents, conflict of interest policies, and financial information as reported on form 990 are available to interested parties upon request.

Filing and Contact Details

Filer

Filer Name
Rocky Mount Academy
EIN
23-7005337
Phone
2524434126
Address
1313 AVONDALE AVENUE, ROCKY MOUNT, NC 27803

Signing Officer

Name
Patsy Bradley
Title
Finance Officer
Phone
2524434126
Signed
2022-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patsy Bradley
Formed
1968
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
160

Preparer

Firm
Flowers & Stanley Llp
Address
PO BOX 579, TARBORO, NC 27886
Preparer
Michael L Stanley
Phone
2528233125
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Operation of a private independent school serving around 435 students from pre-k through 12th grade.

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IRS990/OccupancyGrp/ProgramServicesAmt0310413
IRS990/OccupancyGrp/TotalAmt0365191
IRS990/OfficeExpensesGrp/FundraisingAmt04297
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08573
IRS990/OfficeExpensesGrp/ProgramServicesAmt072860
IRS990/OfficeExpensesGrp/TotalAmt085730
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt010510
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024524
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0315312
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0350346
IRS990/OtherExpensesGrp/Desc0LUNCHROOM EXPENSES
IRS990/OtherExpensesGrp/Desc1CLASSROOM EXPENSES
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3ATHLETIC EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0155562
IRS990/OtherExpensesGrp/ProgramServicesAmt1119384
IRS990/OtherExpensesGrp/ProgramServicesAmt299082
IRS990/OtherExpensesGrp/ProgramServicesAmt394424
IRS990/OtherExpensesGrp/TotalAmt0155562
IRS990/OtherExpensesGrp/TotalAmt1119384
IRS990/OtherExpensesGrp/TotalAmt299082
IRS990/OtherExpensesGrp/TotalAmt394424
IRS990/OtherLiabilitiesGrp/BOYAmt01180389
IRS990/OtherLiabilitiesGrp/EOYAmt0506965
IRS990/OtherRevenueMiscGrp/Desc0SBA LOAN FORGIVENESS
IRS990/OtherRevenueMiscGrp/Desc1REFUNDS AND OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0775400
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt162082
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0775400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt162082
IRS990/OtherRevenueTotalAmt0837482
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt096265
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0224618
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02887947
IRS990/OtherSalariesAndWagesGrp/TotalAmt03208830
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt07287
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017002
IRS990/PayrollTaxesGrp/ProgramServicesAmt0218599
IRS990/PayrollTaxesGrp/TotalAmt0242888
IRS990/PensionPlanContributionsGrp/FundraisingAmt02479
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05785
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt074381
IRS990/PensionPlanContributionsGrp/TotalAmt082645
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt060082
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050117
IRS990/PrincipalOfficerNm0PATSY BRADLEY
IRS990/PriorPeriodAdjustmentsAmt09221
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION, FEES, BOOK
IRS990/ProgramServiceRevenueGrp/Desc1LUNCHROOM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05305031
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1133639
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05305031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1133639
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OPERATION OF A PRIVATE INDEPENDENT SCHOOL SERVING AROUND 435 STUDENTS FROM PRE-K THROUGH 12TH GRADE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt04914208
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0352532
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0891927
IRS990/PYInvestmentIncomeAmt034695
IRS990/PYOtherExpensesAmt01673624
IRS990/PYOtherRevenueAmt0214984
IRS990/PYProgramServiceRevenueAmt05493855
IRS990/PYRevenuesLessExpensesAmt0-346995
IRS990/PYSalariesCompEmpBnftPaidAmt03877510
IRS990/PYTotalExpensesAmt06443061
IRS990/PYTotalRevenueAmt06096066
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0415072
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0524183
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0410510
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04200283
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03211883
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07412166
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt06425124
IRS990ScheduleD/LandGrp/BookValueAmt095604
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt095604
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt078398
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0245723
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0324121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0363106
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt187681
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt246788
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt39390
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ENROLLMENT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT PORTION LT DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER ADVANCED RECEIPTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3REDEEMABLE CERTIFICATES
IRS990ScheduleD/RevenueSubtotalAmt06840196
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04374285
IRS990ScheduleD/TotalExpensesPerForm990Amt06425124
IRS990ScheduleD/TotalLiabilityAmt0506965
IRS990ScheduleD/TotalRevenuePerForm990Amt06840196
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06840196
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06425124
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ROCKY MOUNT ACADEMY PUBLISHES ITS RACIAL NONDISCRIMINATORY POLICY IN ITS ADVERTISEMENTS IN VARIOUS LOCAL NEWSPAPERS AND OTHER LOCAL MEDIA OUTLETS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0134635
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0134635
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0134635
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0134635
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0134635
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt077290
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt18000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt2929911
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0NEED-BASED SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1MERIT SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2DISCOUNTED TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0REDUCED TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1REDUCED TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc2REDUCED TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2FMV

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