Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
Liabilities / Revenue
51st percentile
Higher debt load relative to revenue than 51% of similar nonprofits.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
59th percentile
Higher top officer pay than 59% of similar nonprofits.
Top officer pay equals 2.4% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Assets
Up$5,116,428
Up $547,352 (+12%) from 2016
Net Assets
Up$3,830,761
Up $457,223 (+14%) from 2016
Liabilities
Up$1,285,667
Up $90,129 (+7.5%) from 2016
Revenue
Up$6,312,285
Up $620,093 (+11%) from 2016
Expenses
Up$5,855,062
Up $518,051 (+9.7%) from 2016
Net Income
Up$457,223
Up $102,042 (+29%) from 2016
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,481,610 | $2,496,130 | ▲ $14,520 |
| Investments in Publicly Traded Securities | $1,394,908 | $1,635,213 | ▲ $240,305 |
| Cash and Non-Interest-Bearing Accounts | $354,771 | $399,159 | ▲ $44,388 |
| Savings and Temporary Cash Investments | $67,383 | $384,923 | ▲ $317,540 |
| Accounts Receivable | $178,024 | $126,993 | ▼ $51,031 |
| Prepaid Expenses and Deferred Charges | $88,942 | $70,310 | ▼ $18,632 |
| Inventories for Sale or Use | $3,438 | $3,700 | ▲ $262 |
| Total Assets | $4,569,076 | $5,116,428 | ▲ $547,352 |
| Liabilities | |||
| Other Liabilities | $780,643 | $919,201 | ▲ $138,558 |
| Accounts Payable and Accrued Expenses | $303,998 | $366,466 | ▲ $62,468 |
| Mortgage Notes Payable Secured by Investment Property | $110,897 | - | - |
| Total Liabilities | $1,195,538 | $1,285,667 | ▲ $90,129 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $2,035,118 | $2,285,363 | ▲ $250,245 |
| Permanently Rstr Net Assets | $781,582 | $947,500 | ▲ $165,918 |
| Temporarily Rstr Net Assets | $556,838 | $597,898 | ▲ $41,060 |
| Total Net Assets Fund Balance | $3,373,538 | $3,830,761 | ▲ $457,223 |
| Total Liabilities and Net Assets / Fund Balance | $4,569,076 | $5,116,428 | ▲ $547,352 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,677,615 | $2,509,127 | $4,186,742 |
| Leasehold Improvements | $2,387,615 | $1,270 | $2,388,885 |
| Land | $95,604 | - | $95,604 |
| Other Land Buildings | $-616,172 | $616,172 | - |
| Equipment | $-1,048,532 | $1,048,532 | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2016 | $1,221,447 | $173,833 | ▲ $165,118 | - | $1,545,398 |
| 2015 | $1,149,219 | $68,829 | ▲ $4,127 | - | $1,221,447 |
| 2014 | $739,842 | $348,086 | ▲ $76,291 | - | $1,149,219 |
| 2013 | $570,821 | $64,451 | ▲ $89,570 | - | $739,842 |
| 2012 | $502,177 | $9,419 | ▲ $74,224 | - | $570,821 |
| Name | Title | Base | Total |
|---|---|---|---|
| Beth Covolo | Headmaster | $152,281 | $152,281 |
| Name | Title |
|---|---|
| William a Pruden Iii | Chairman |
| Robert P Larimer | Vice Chair |
| Dr Lorie B Sigmon | Trustee |
| J Hall C Thorp | Trustee |
| James Rabil | Trustee |
| Katherine M Honey | Trustee |
| Ken Cheston | Trustee |
| Kevin Cox | Trustee |
| Marty R Nealey | Trustee |
| Sandra Livermon | Trustee |
| Scott Wingfield | Trustee |
| Margaret Anne Wooten | Secretary |
| E Wayne Gibson | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,356,203 |
| Other Expenses | $1,637,675 |
| Grants and Similar Amounts Paid | $861,184 |
| Total Fundraising Expense | $129,063 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,396,985 | $316,313 | $84,662 | $2,797,960 |
| Grants to Domestic Individuals | $861,184 | - | - | $861,184 |
| Occupancy | $304,084 | $35,775 | $17,887 | $357,746 |
| Other Employee Benefits | $294,047 | $39,550 | $10,317 | $343,914 |
| All Other Expenses | $340,525 | - | - | $340,525 |
| Depreciation Depletion | $272,445 | - | - | $272,445 |
| Payroll Taxes | $183,251 | $24,648 | $6,430 | $214,329 |
| Office Expenses | $95,576 | $11,244 | $5,622 | $112,442 |
| Other Expenses | $75,449 | - | - | $75,449 |
| Insurance | $44,357 | $5,218 | $2,609 | $52,184 |
| Fees for Services Accounting | - | $13,235 | $1,536 | $14,771 |
| Interest | $5,275 | - | - | $5,275 |
| Total Functional Expenses | $5,280,016 | $445,983 | $129,063 | $5,855,062 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $5,855,062 |
| Total Expenses per Audited Statements | $5,855,062 |
| Total Expenses per Form 990 | $5,855,062 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $78,242 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Auction | $78,242 | $78,242 | - | $78,242 |
| Total Events | $78,242 | $78,242 | - | $78,242 |
| Liability | Amount |
|---|---|
| Advance Tuition | $709,291 |
| Current Long-term Debt | $114,963 |
| Other Advanced Receipts | $85,557 |
| Redeemable Certificates | $9,390 |
“No review was or will be conducted.”
“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.”
“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.”
“The organization's governming documents, conflict of interest policies, and financial information as reported on form 990 are available to interested parties upon request.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 303998 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 366466 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 178024 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 126993 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AllOtherContributionsAmt | 0 | 500022 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 340525 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 340525 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | PATSY BRADLEY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2524434126 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1313 AVONDALE AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ROCKY MOUNT |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27803 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 354771 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 399159 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 500022 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 861184 |
| IRS990/CYInvestmentIncomeAmt | 0 | 165118 |
| IRS990/CYOtherExpensesAmt | 0 | 1637675 |
| IRS990/CYOtherRevenueAmt | 0 | 137863 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 5509282 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 457223 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3356203 |
| IRS990/CYTotalExpensesAmt | 0 | 5855062 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 129063 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 6312285 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 272445 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 272445 |
| IRS990/Desc | 0 | OPERATION OF A PRIVATE INDEPENDENT SCHOOL SERVING ABOUT 425 STUDENTS FROM PRE-KINDERGARTEN THROUGH 12TH GRADE. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 160 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 5280016 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 1536 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 13235 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14771 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | E WAYNE GIBSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SANDRA LIVERMON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | KATHERINE M HONEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WILLIAM A PRUDEN III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ROBERT P LARIMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | J HALL C THORP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | KEN CHESTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KEVIN COX |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JAMES RABIL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | SCOTT WINGFIELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MARTY R NEALEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | DR LORIE B SIGMON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | MARGARET ANNE WOOTEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | BETH COVOLO |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 152281 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | HEADMASTER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1968 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingGrossIncomeAmt | 0 | 78242 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GrantAmt | 0 | 861184 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 861184 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 861184 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 6312285 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 23509 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 2609 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5218 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 44357 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 52184 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 5275 |
| IRS990/InterestGrp/TotalAmt | 0 | 5275 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 3438 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 3700 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 165118 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 165118 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 1394908 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 1635213 |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 4175101 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2481610 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2496130 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 6671231 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 110897 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3373538 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3830761 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 78242 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 78242 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 23509 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 23509 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 17887 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 35775 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 304084 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 357746 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 5622 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 11244 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 95576 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 112442 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 10317 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 39550 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 294047 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 343914 |
| IRS990/OtherExpensesGrp/Desc | 0 | LUNCHROOM EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | TECHNOLOGY |
| IRS990/OtherExpensesGrp/Desc | 2 | ATHLETIC EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | SPECIAL LEARNING PROGRAM |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 187305 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 115601 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 103932 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 75449 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 187305 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 115601 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 103932 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 75449 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 780643 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 919201 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | REFUNDS AND OTHER |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 36112 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 36112 |
| IRS990/OtherRevenueTotalAmt | 0 | 36112 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 84662 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 316313 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2396985 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2797960 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 6430 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 24648 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 183251 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 214329 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 781582 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 947500 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 88942 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 70310 |
| IRS990/PrincipalOfficerNm | 0 | BETH COVOLO |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION, FEES, BOOK |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5509282 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 5509282 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 509391 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 806761 |
| IRS990/PYInvestmentIncomeAmt | 0 | 45776 |
| IRS990/PYOtherExpensesAmt | 0 | 1336319 |
| IRS990/PYOtherRevenueAmt | 0 | 178512 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 4958513 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 365181 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 3183931 |
| IRS990/PYTotalExpensesAmt | 0 | 5327011 |
| IRS990/PYTotalRevenueAmt | 0 | 5692192 |
| IRS990/QuidProQuoContributionsInd | 0 | true |
| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 457223 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 23509 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 67383 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 384923 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1677615 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2509127 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4186742 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 1221447 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 173833 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 1545398 |
| IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 15000 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 165118 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 1149219 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 68829 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 1221447 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 728 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 4127 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 739842 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 348086 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 1149219 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 15000 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 76291 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 570821 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 64451 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 739842 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 15000 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 89570 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 502177 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 9419 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 570821 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 15000 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 74224 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | -1048532 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1048532 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 5855062 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 95604 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 95604 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 2387615 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 1270 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 2388885 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | -616172 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 616172 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 709291 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 114963 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 85557 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 9390 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ADVANCE TUITION |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | CURRENT LONG-TERM DEBT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | OTHER ADVANCED RECEIPTS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | REDEEMABLE CERTIFICATES |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 6312285 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2496130 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 5855062 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 919201 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 6312285 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 6312285 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 5855062 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | ROCKY MOUNT ACADEMY PUBLISHES ITS RACIAL NONDISCRIMINATORY POLICY IN ITS ADVERTISEMENTS IN VARIOUS LOCAL NEWSPAPERS AND OTHER LOCAL MEDIA OUTLETS. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | AUCTION |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 78242 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 78242 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 78242 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 78242 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 78242 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | NEED-BASED SCHOLARSHIP |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 1 | MERIT SCHOLARSHIP |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 2 | DISCOUNTED TUITION |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt | 0 | 649240 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt | 1 | 52632 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt | 2 | 159312 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc | 0 | REDUCED TUITION |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.