Civic Intelligence

Providence Academy

990 • Fiscal year 2024 • EIN 46-2618464

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 19, 2025

Organization ProfilePROVIDENCEACADEMYVA.ORG
835 Lee Avenue SW 604Leesburg, VA 20175

(571) 252-9259

Siviq Scores

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

Liabilities / Assets

90th percentile

0.73x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.81x

Higher debt load relative to revenue than 87% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

41st percentile

0.9%

Higher net margin than 41% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$250,601

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

10th percentile

-15%

Faster asset growth than 10% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-12%

Faster revenue growth than 20% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$4,132,653

Down $751,085 (-15%) from 2023

Net Assets

Down

$1,097,591

Down $11,952 (-1.1%) from 2023

Liabilities

Down

$3,035,062

Down $739,133 (-20%) from 2023

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin41st percentile

Revenue

Down

$3,746,863

Down $529,145 (-12%) from 2023

Expenses

Down

$3,714,087

Down $61,589 (-1.6%) from 2023

Net Income

Down

$32,776

Down $467,556 (-93%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2013: $460,007Liabilities 2013: $376,230Net Assets 2013: $83,7772013Assets 2014: $987,847Liabilities 2014: $909,874Net Assets 2014: $77,9732014Assets 2015: $1,638,406Liabilities 2015: $1,473,215Net Assets 2015: $165,1912015Assets 2016: $765,251Liabilities 2016: $739,261Net Assets 2016: $25,9902016Assets 2017: $485,364Liabilities 2017: $543,285Net Assets 2017: -$57,9212017Assets 2018: $637,545Liabilities 2018: $863,038Net Assets 2018: -$225,4932018Assets 2019: $919,912Liabilities 2019: $1,109,909Net Assets 2019: -$189,9972019Assets 2020: $825,788Liabilities 2020: $1,188,291Net Assets 2020: -$362,5032020Assets 2021: $2,157,936Liabilities 2021: $1,991,493Net Assets 2021: $166,4432021Assets 2022: $2,578,187Liabilities 2022: $1,964,744Net Assets 2022: $613,4432022Assets 2023: $4,883,738Liabilities 2023: $3,774,195Net Assets 2023: $1,109,5432023Assets 2024: $4,132,653Liabilities 2024: $3,035,062Net Assets 2024: $1,097,5912024Assets 2025: $3,284,681Liabilities 2025: $2,265,254Net Assets 2025: $1,019,4272025

Highlighted filing

2024

Assets$4,132,653
Liabilities$3,035,062
Net Assets$1,097,591
Open 2024 Filing

Operations Trend

Revenue Growth20th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $84,319Expenses 2013: $542Net Income 2013: $83,7772013Revenue 2014: $1,737,470Expenses 2014: $1,743,274Net Income 2014: -$5,8042014Revenue 2015: $1,987,424Expenses 2015: $1,900,206Net Income 2015: $87,2182015Revenue 2016: $1,881,866Expenses 2016: $2,021,067Net Income 2016: -$139,2012016Revenue 2017: $2,036,360Expenses 2017: $2,120,271Net Income 2017: -$83,9112017Revenue 2018: $1,769,120Expenses 2018: $1,936,692Net Income 2018: -$167,5722018Revenue 2019: $2,102,432Expenses 2019: $2,066,936Net Income 2019: $35,4962019Revenue 2020: $2,017,234Expenses 2020: $2,189,740Net Income 2020: -$172,5062020Revenue 2021: $3,269,232Expenses 2021: $2,740,286Net Income 2021: $528,9462021Revenue 2022: $3,771,146Expenses 2022: $3,323,799Net Income 2022: $447,3472022Revenue 2023: $4,276,008Expenses 2023: $3,775,676Net Income 2023: $500,3322023Revenue 2024: $3,746,863Expenses 2024: $3,714,087Net Income 2024: $32,7762024Revenue 2025: $3,990,775Expenses 2025: $4,068,939Net Income 2025: -$78,1642025

Highlighted filing

2024

Revenue$3,746,863
Expenses$3,714,087
Net Income$32,776
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 19, 2025
Return Version
2023v6.0
Gross Receipts
$3,808,308
Mission and Program Overview

Mission

The mission of providence academy is "uncompromising excellence in educating and equipping students with truth."

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,719,964$1,836,985▲ $117,021
Savings and Temporary Cash Investments$649,335$781,486▲ $132,151
Prepaid Expenses and Deferred Charges$71,642$83,287▲ $11,645
Land, Buildings, and Equipment, Net$86,715$54,790▼ $31,925
Accounts Receivable$203,798$26,148▼ $177,650
Inventories for Sale or Use-$19,078-
Total Assets$4,883,738$4,132,653▼ $751,085
Other Assets Total$2,152,284$1,330,879▼ $821,405
Liabilities
Deferred Revenue$1,391,562$1,427,803▲ $36,241
Other Liabilities$2,069,537$1,304,229▼ $765,308
Accounts Payable and Accrued Expenses$313,096$303,030▼ $10,066
Total Liabilities$3,774,195$3,035,062▼ $739,133
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$958,856$952,416▼ $6,440
Net Assets With Donor Restrictions$150,687$145,175▼ $5,512
Total Net Assets Fund Balance$1,109,543$1,097,591▼ $11,952
Total Liabilities and Net Assets / Fund Balance$4,883,738$4,132,653▼ $751,085

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$54,790$218,786$273,576
Other Assets Org$60,779--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$77,700--$0$77,700
2023$33,000$44,700--$77,700
2022$5,000$28,000--$33,000
2021$5,000---$5,000
2020$5,000-▲ $11-$5,000
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet MarshHead of SchoolFT$247,943$2,658$250,601

Board Members and Trustees

NameTitle
Rex StoverBoard President
Nathan MyersBoard Vice President
Kathy RexroadBoard Secretary
Tim ReichertBoard Treasurer
Ken FlemingDirector
Laura RiviereDirector
Eric ZwilskyTrustee
Jason BellTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$354,469
Program Service Revenue
$3,114,878
Investment Income
$100,955
Other Revenue
$176,561
All Other Contributions
$354,469
Change in Net Assets
$32,776

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Securities Publicly Traded$25,458Direct
Other Non Cash Contri Table$5,920Direct
Other Non Cash Contri Table$3,432Direct
Total Noncash Contributions$34,810-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,502,079
Other Expenses$1,212,008
Total Fundraising Expense$205,420
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,681,098$205,994$84,111$1,971,203
Occupancy$534,860$24,119$3,871$562,850
Current Officers, Directors, Trustees, and Key Employees$196,151$24,035$9,814$230,000
Payroll Taxes$132,327$16,215$6,621$155,163
Other Employee Benefits$124,268$15,227$6,218$145,713
Fees for Services Other$4,945$44,334$60,000$109,279
Information Technology$40,070$4,910$2,005$46,985
All Other Expenses$22,214$22,507$1,795$46,516
Depreciation Depletion$33,437$4,180$4,180$41,797
Advertising-$23,193$520$23,713
Other Expenses$8,377$10,216$16,230$16,230
Office Expenses$6,915$6,915$1,537$15,367
Fees for Services Accounting-$12,481-$12,481
Travel-$164$8,518$8,682
Fees for Services Legal-$5,973-$5,973
Total Functional Expenses$3,088,204$420,463$205,420$3,714,087
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$189,411
Fundraising Direct Expenses$27,578
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$189,411$189,411$27,578$161,833
Total Events$189,411$189,411$27,578$161,833
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
Kristie StoverBoard Member SpouseAssistant Head of School for Spiritual Life and Lower School Division Head, No Erc I/c in Fy 24No$66,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability, Net of Current Portion$893,489
Current Portion of Operating Lease Liability$410,740
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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, Part VI, Section A, Line 1A

“One board member spouse is employed by the academy as assistant head of school for spiritual life and lower school division head.”

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

“Our form 990 is prepared by an external cpa firm. Once prepared, the firm provides a draft of the return for a detailed review by our controller (a cpa). The controller advises the firm of any comments or corrections. Once updated by the firm, the board treasurer, head of school, and board president conduct a review of the return. Additionally, a complete copy of the return is sent to all board members for review and comment prior to filing.”

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

“The board periodically reviews its conflict of interest policy and confirms compliance.”

Form 990, Part VI, Section B, Line 15A

“Salary and compensation of head of school are approved by the board of directors. The executive committee reviews the head of school's compensation annually. The executive committee seeks outside comparative data in determining the compensation, and documents its deliberations and decisions.”

Form 990, Part VI, Section C, Line 19

“The academy makes governing documents and the conflict of interest policy available to the public upon request. It does not make financial statements available to the public but instead refers them to the publicly available form 990 for further financial information.”

Filing and Contact Details

Filer

Filer Name
Providence Academy Incorporated
EIN
46-2618464
Phone
5712529259
Address
835 LEE AVENUE SW 604, LEESBURG, VA 20175

Signing Officer

Name
Tim Ac Reichert
Title
Board Treasurer
Phone
5712529259
Signed
2025-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Ac Reichert
Formed
2013
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
7
Employees
59
Volunteers
40

Preparer

Firm
Cerini & Associates Llp
Address
3340 VETERANS MEMORIAL HWY, BOHEMIA, NY 11716
Preparer
Ken Cerini
Phone
6315821600
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

“Contributions totaling $5,000 were received during the year ended june 30, 2018 to establish an endowment fund and earnings thereon are intended to support operations. For the years ended june 30, 2024 and 2023, the academy has unrestricted, but board designated, quasi-endowment funds of $72,700. These funds are classified as without donor restrictions and can be spent with the board's approval for designated purposes. The board designated funds are to be spent on unexpected, not budgeted expenses that could occur in the future.”

Raw XML AppendixShowing 400 of 563 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0313096
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0303030
IRS990/AccountsReceivableGrp/BOYAmt0203798
IRS990/AccountsReceivableGrp/EOYAmt026148
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF PROVIDENCE ACADEMY IS "UNCOMPROMISING EXCELLENCE IN EDUCATING AND EQUIPPING STUDENTS WITH TRUTH."
IRS990/AdvertisingGrp/FundraisingAmt0520
IRS990/AdvertisingGrp/ManagementAndGeneralAmt023193
IRS990/AdvertisingGrp/TotalAmt023713
IRS990/AllOtherContributionsAmt0354469
IRS990/AllOtherExpensesGrp/FundraisingAmt01795
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt022507
IRS990/AllOtherExpensesGrp/ProgramServicesAmt022214
IRS990/AllOtherExpensesGrp/TotalAmt046516
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0STACEY SEIBERT
IRS990/BooksInCareOfDetail/PhoneNum05712529259
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0835 LEE AVENUE SW SUITE 604
IRS990/BooksInCareOfDetail/USAddress/CityNm0LEESBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020175
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt09814
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt024035
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0196151
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0230000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt08627
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0354469
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0100955
IRS990/CYOtherExpensesAmt01212008
IRS990/CYOtherRevenueAmt0176561
IRS990/CYProgramServiceRevenueAmt03114878
IRS990/CYRevenuesLessExpensesAmt032776
IRS990/CYSalariesCompEmpBnftPaidAmt02502079
IRS990/CYTotalExpensesAmt03714087
IRS990/CYTotalFundraisingExpenseAmt0205420
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03746863
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt01391562
IRS990/DeferredRevenueGrp/EOYAmt01427803
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt04180
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04180
IRS990/DepreciationDepletionGrp/ProgramServicesAmt033437
IRS990/DepreciationDepletionGrp/TotalAmt041797
IRS990/Desc0THE PRIVATE, INDEPENDENT CHRISTIAN SCHOOL PROVIDES EDUCATIONAL OPPORTUNITIES TO STUDENTS FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE UNDER A CAPABLE AND DEDICATED FACULTY. THE STUDENTS ARE EDUCATED TO MEET THE FUTURE WITH SKILL, CONFIDENCE, DETERMINATION, AND GENEROSITY OF SPIRIT. DURING THE 2023/2024 SCHOOL YEAR, PROVIDENCE ACADEMY WORKED WITH 215 STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0150687
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0145175
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt059
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03088204
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012481
IRS990/FeesForServicesAccountingGrp/TotalAmt012481
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05973
IRS990/FeesForServicesLegalGrp/TotalAmt05973
IRS990/FeesForServicesOtherGrp/FundraisingAmt060000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt044334
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04945
IRS990/FeesForServicesOtherGrp/TotalAmt0109279
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt850.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt82658
IRS990/Form990PartVIISectionAGrp/PersonNm0REX STOVER
IRS990/Form990PartVIISectionAGrp/PersonNm1KEN FLEMING
IRS990/Form990PartVIISectionAGrp/PersonNm2TIM REICHERT
IRS990/Form990PartVIISectionAGrp/PersonNm3LAURA RIVIERE
IRS990/Form990PartVIISectionAGrp/PersonNm4KATHY REXROAD
IRS990/Form990PartVIISectionAGrp/PersonNm5NATHAN MYERS
IRS990/Form990PartVIISectionAGrp/PersonNm6JASON BELL
IRS990/Form990PartVIISectionAGrp/PersonNm7ERIC ZWILSKY
IRS990/Form990PartVIISectionAGrp/PersonNm8JANET MARSH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8247943
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/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt027578
IRS990/FundraisingGrossIncomeAmt0189411
IRS990/GainOrLossGrp/SecuritiesAmt0837
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt026077
IRS990/GrossReceiptsAmt03808308
IRS990/GrossSalesOfInventoryAmt011714
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02005
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04910
IRS990/InformationTechnologyGrp/ProgramServicesAmt040070
IRS990/InformationTechnologyGrp/TotalAmt046985
IRS990/InventoriesForSaleOrUseGrp/EOYAmt019078
IRS990/InvestmentIncomeGrp/ExclusionAmt0100118
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0100118
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01719964
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01836985
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0218786
IRS990/LandBldgEquipBasisNetGrp/BOYAmt086715
IRS990/LandBldgEquipBasisNetGrp/EOYAmt054790
IRS990/LandBldgEquipCostOrOtherBssAmt0273576
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt025240
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF PROVIDENCE ACADEMY IS "UNCOMPROMISING EXCELLENCE IN EDUCATING AND EQUIPPING STUDENTS WITH TRUTH."
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01109543
IRS990/NetAssetsOrFundBalancesEOYAmt01097591
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0837
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0837
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0161833
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0161833
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03087
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt03087
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02180
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0958856
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0952416
IRS990/NoncashContributionsAmt034810
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03871
IRS990/OccupancyGrp/ManagementAndGeneralAmt024119
IRS990/OccupancyGrp/ProgramServicesAmt0534860
IRS990/OccupancyGrp/TotalAmt0562850
IRS990/OfficeExpensesGrp/FundraisingAmt01537
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06915
IRS990/OfficeExpensesGrp/ProgramServicesAmt06915
IRS990/OfficeExpensesGrp/TotalAmt015367
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02152284
IRS990/OtherAssetsTotalGrp/EOYAmt01330879
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06218
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015227
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0124268
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0145713
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL EXPENSE
IRS990/OtherExpensesGrp/Desc1SECURITY EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc3GALA EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt016230
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010216
IRS990/OtherExpensesGrp/ProgramServicesAmt0223186
IRS990/OtherExpensesGrp/ProgramServicesAmt180356
IRS990/OtherExpensesGrp/ProgramServicesAmt28377
IRS990/OtherExpensesGrp/TotalAmt0223186
IRS990/OtherExpensesGrp/TotalAmt180356
IRS990/OtherExpensesGrp/TotalAmt218593
IRS990/OtherExpensesGrp/TotalAmt316230
IRS990/OtherLiabilitiesGrp/BOYAmt02069537
IRS990/OtherLiabilitiesGrp/EOYAmt01304229
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/BusinessCd1611110
IRS990/OtherRevenueMiscGrp/BusinessCd2611600
IRS990/OtherRevenueMiscGrp/Desc0RECOVERY OF BAD DEBTS
IRS990/OtherRevenueMiscGrp/Desc1CONCESSION SALES
IRS990/OtherRevenueMiscGrp/Desc2LATE FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010404
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1817
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2420
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010404
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1817
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2420
IRS990/OtherRevenueTotalAmt011641
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt084111
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0205994
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01681098
IRS990/OtherSalariesAndWagesGrp/TotalAmt01971203
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06621
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016215
IRS990/PayrollTaxesGrp/ProgramServicesAmt0132327
IRS990/PayrollTaxesGrp/TotalAmt0155163
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt071642
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt083287
IRS990/PrincipalOfficerNm0TIM AC REICHERT
IRS990/PriorPeriodAdjustmentsAmt0-46908
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1LUNCH PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2EXTENDED CARE
IRS990/ProgramServiceRevenueGrp/Desc3AFTER SCHOOL PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc4SUMMER PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03020788
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt146361
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt237582
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34684
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt42523
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03020788
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt146361
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt237582
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34684
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42523
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0579123
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt045099
IRS990/PYOtherExpensesAmt01027972
IRS990/PYOtherRevenueAmt0728
IRS990/PYProgramServiceRevenueAmt03651058
IRS990/PYRevenuesLessExpensesAmt0500332
IRS990/PYSalariesCompEmpBnftPaidAmt02747704
IRS990/PYTotalExpensesAmt03775676
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04276008
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt032776
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03115695
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0649335
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0781486
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.94000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt077700
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt077700
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt033000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt044700
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt077700
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt028000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt033000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt011
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt054790
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0218786
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0273576
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01270100
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt160779
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE RIGHT OF USE ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0410740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1893489
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CURRENT PORTION OF OPERATING LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPERATING LEASE LIABILITY, NET OF CURRENT PORTION
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.06000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CONTRIBUTIONS TOTALING $5,000 WERE RECEIVED DURING THE YEAR ENDED JUNE 30, 2018 TO ESTABLISH AN ENDOWMENT FUND AND EARNINGS THEREON ARE INTENDED TO SUPPORT OPERATIONS. FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, THE ACADEMY HAS UNRESTRICTED, BUT BOARD DESIGNATED, QUASI-ENDOWMENT FUNDS OF $72,700. THESE FUNDS ARE CLASSIFIED AS WITHOUT DONOR RESTRICTIONS AND CAN BE SPENT WITH THE BOARD'S APPROVAL FOR DESIGNATED PURPOSES. THE BOARD DESIGNATED FUNDS ARE TO BE SPENT ON UNEXPECTED, NOT BUDGETED EXPENSES THAT COULD OCCUR IN THE FUTURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt054790
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01330879
IRS990ScheduleD/TotalLiabilityAmt01304229
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SEE SCHEDULE E PART II

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,132,653
Liabilities
$3,035,062
Net assets
$1,097,591
Revenue
$3,746,863
Expenses
$3,714,087
Net income
$32,776
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.28$2.27$1.02$3.99$4.07$0.08
2024Detailed filing. Detailed filing data is available for this year.$4.13$3.04$1.10$3.75$3.71$0.03
2023Detailed filing. Detailed filing data is available for this year.$4.88$3.77$1.11$4.28$3.78$0.50
2022Detailed filing. Detailed filing data is available for this year.$2.58$1.96$0.61$3.77$3.32$0.45
2021Detailed filing. Detailed filing data is available for this year.$2.16$1.99$0.17$3.27$2.74$0.53
2020Summary only. Only limited summary data is available for this year.$0.83$1.19$0.36$2.02$2.19$0.17
2019Summary only. Only limited summary data is available for this year.$0.92$1.11$0.19$2.10$2.07$0.04
2018Summary only. Only limited summary data is available for this year.$0.64$0.86$0.23$1.77$1.94$0.17
2017Summary only. Only limited summary data is available for this year.$0.49$0.54$0.06$2.04$2.12$0.08
2016Summary only. Only limited summary data is available for this year.$0.77$0.74$0.03$1.88$2.02$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.64$1.47$0.17$1.99$1.90$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.91$0.08$1.74$1.74$0.01
2013Summary only. Only limited summary data is available for this year.$0.46$0.38$0.08$0.08$0.00$0.08