Civic Intelligence

Chesapeake Academy Inc.

990 • Fiscal year 2018 • EIN 54-0793534

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 15, 2018

Organization ProfileN/A

View Organization Page

PO Box 8Irvington, VA 22480

(804) 438-5575

Siviq Scores

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

Liabilities / Assets

65th percentile

0.22x

Higher debt load relative to assets than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.28x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

61st percentile

7.6%

Higher net margin than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$125,507

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

51st percentile

1.3%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$2,636,320

Up $33,877 (+1.3%) from 2017

Net Assets

Up

$2,059,486

Up $172,059 (+9.1%) from 2017

Liabilities

Down

$576,834

Down $138,182 (-19%) from 2017

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin61st percentile

Revenue

Up

$2,053,700

Up $197,864 (+11%) from 2017

Expenses

Up

$1,896,864

Up $41,579 (+2.2%) from 2017

Net Income

Up

$156,836

Up $156,285 (+28364%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,855,226Liabilities 2011: $895,969Net Assets 2011: $959,2572011Assets 2012: $1,799,757Liabilities 2012: $829,300Net Assets 2012: $970,4572012Assets 2013: $1,856,127Liabilities 2013: $761,747Net Assets 2013: $1,094,3802013Assets 2014: $2,698,888Liabilities 2014: $766,924Net Assets 2014: $1,931,9642014Assets 2015: $2,569,889Liabilities 2015: $706,479Net Assets 2015: $1,863,4102015Assets 2016: $2,593,051Liabilities 2016: $708,678Net Assets 2016: $1,884,3732016Assets 2017: $2,602,443Liabilities 2017: $715,016Net Assets 2017: $1,887,4272017Assets 2018: $2,636,320Liabilities 2018: $576,834Net Assets 2018: $2,059,4862018Assets 2019: $2,845,113Liabilities 2019: $606,322Net Assets 2019: $2,238,7912019Assets 2020: $2,964,924Liabilities 2020: $862,021Net Assets 2020: $2,102,9032020Assets 2021: $3,118,194Liabilities 2021: $526,872Net Assets 2021: $2,591,3222021Assets 2022: $2,993,366Liabilities 2022: $314,139Net Assets 2022: $2,679,2272022Assets 2023: $3,034,736Liabilities 2023: $470,965Net Assets 2023: $2,563,7712023Assets 2025: $3,382,413Liabilities 2025: $378,119Net Assets 2025: $3,004,2942025

Highlighted filing

2018

Assets$2,636,320
Liabilities$576,834
Net Assets$2,059,486
Open 2018 Filing

Operations Trend

Revenue Growth64th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,463,6272011Expenses 2012: $1,443,7212012Revenue 2013: $1,653,948Expenses 2013: $1,530,025Net Income 2013: $123,9232013Revenue 2014: $2,490,078Expenses 2014: $1,584,400Net Income 2014: $905,6782014Revenue 2015: $1,608,956Expenses 2015: $1,649,400Net Income 2015: -$40,4442015Revenue 2016: $1,807,239Expenses 2016: $1,717,162Net Income 2016: $90,0772016Revenue 2017: $1,855,836Expenses 2017: $1,855,285Net Income 2017: $5512017Revenue 2018: $2,053,700Expenses 2018: $1,896,864Net Income 2018: $156,8362018Revenue 2019: $2,182,778Expenses 2019: $2,033,308Net Income 2019: $149,4702019Revenue 2020: $1,995,292Expenses 2020: $2,004,826Net Income 2020: -$9,5342020Revenue 2021: $2,516,775Expenses 2021: $2,116,306Net Income 2021: $400,4692021Revenue 2022: $2,576,982Expenses 2022: $2,333,926Net Income 2022: $243,0562022Revenue 2023: $2,239,424Expenses 2023: $2,431,868Net Income 2023: -$192,4442023Revenue 2025: $2,894,461Expenses 2025: $2,624,932Net Income 2025: $269,5292025

Highlighted filing

2018

Revenue$2,053,700
Expenses$1,896,864
Net Income$156,836
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$2,668,270
Mission and Program Overview

Mission

To inspire each student to approach learning with curiosity and creativity, pursue excellence, and act with integrity-so each can make our community and world a better place.

To inspire each student to approach learning with curiosity and creativity, pursue excellence, and act with integrity - so each can make our community and world a better place.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,530,051$1,543,245▲ $13,194
Investments in Publicly Traded Securities$757,010$798,641▲ $41,631
Cash and Non-Interest-Bearing Accounts$289,721$177,022▼ $112,699
Pledges and Grants Receivable-$87,500-
Prepaid Expenses and Deferred Charges$13,194$22,341▲ $9,147
Accounts Receivable$12,467$7,571▼ $4,896
Total Assets$2,602,443$2,636,320▲ $33,877
Liabilities
Mortgage Notes Payable Secured by Investment Property$397,810$431,917▲ $34,107
Deferred Revenue$273,160$123,539▼ $149,621
Other Liabilities$5,725$17,773▲ $12,048
Accounts Payable and Accrued Expenses$38,321$3,605▼ $34,716
Total Liabilities$715,016$576,834▼ $138,182
Net Assets / Fund Balance
Unrestricted Net Assets$1,347,749$1,428,593▲ $80,844
Temporarily Rstr Net Assets$388,760$479,975▲ $91,215
Permanently Rstr Net Assets$150,918$150,918→ $0
Total Net Assets Fund Balance$1,887,427$2,059,486▲ $172,059
Total Liabilities and Net Assets / Fund Balance$2,602,443$2,636,320▲ $33,877

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,212,799$965,845$2,178,644
Equipment$196,071$577,564$773,635
Other Land Buildings$44,312$156,062$200,374
Land$90,063-$90,063
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julianne T DuvallHead of SchoFT$85,000$40,507$125,507

Board Members and Trustees

NameTitle
Kathryn VoseChair
Margie ArmenPast Chair
David E DewTrustee
Grover BransonTrustee
JOHN O'SHAUGNESSYTrustee
Janet L SmithTrustee
Keith T MebergTrustee
Marion JamesTrustee
Raymond BrittTrustee
Robert BraggTrustee
Ron MihillsTrustee
W Bruce SandersTrustee
William H ChapmanSecretary
Michelle FaulknerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$382,099
Program Service Revenue
$1,519,929
Investment Income
$54,497
Other Revenue
$97,175
All Other Contributions
$382,099
Change in Net Assets
$156,836

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,053,700
Total Revenue per Audited Statements
$2,053,700
Total Revenue per Form 990
$2,053,700
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,101,651
Other Expenses$472,831
Grants and Similar Amounts Paid$322,382
Total Fundraising Expense$108,086
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$490,344$235,503$37,168$763,015
Grants to Domestic Individuals$322,382--$322,382
Other Employee Benefits$106,774$55,709$7,449$169,932
Depreciation Depletion$68,999$33,314$16,242$118,555
Current Officers, Directors, Trustees, and Key Employees$42,500$42,500-$85,000
All Other Expenses$51,404$14,328$3,122$68,854
Payroll Taxes$39,126$20,413$2,729$62,268
Occupancy$23,634$12,889$4,891$41,414
Office Expenses-$36,278-$36,278
Interest-$34,623-$34,623
Insurance$14,044$6,781$3,306$24,131
Fees for Services Other$11,125$2,254$8,250$21,629
Pension Plan Contributions$13,469$7,027$940$21,436
Other Expenses$18,971$7,992$20,093$18,971
Conferences and Meetings$17,737--$17,737
Fees for Services Accounting-$15,000-$15,000
Fees for Service Investment Mgmnt Fees-$4,229-$4,229
Fees for Services Legal-$2,563-$2,563
Total Functional Expenses$1,257,375$531,403$108,086$1,896,864

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,896,864
Total Expenses per Audited Statements$1,896,864
Total Expenses per Form 990$1,896,864
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$181,449
Fundraising Direct Expenses$89,428
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Auction$129,586$129,586$76,514$53,072
Oyster Roast$51,863$51,863$12,914$38,949
Total Events$181,449$181,449$89,428$92,021
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
Chesapeake BankBoard MemberTaxpayer Has AccountNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Current Liabilities$17,773
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

“Form 990 was approved by bd members and mgmt prior to file”

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

“Bd members required to file a conflict of interest stmt”

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

“Budget approved annually along with all salaries”

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

“Budget approved annually along with all salaries”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Chesapeake Academy Inc
EIN
54-0793534
Address
PO BOX 8, IRVINGTON, VA 22480

Signing Officer

Name
Julianne T Duvall
Title
Head of School
Phone
8044385575
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julianne T Duvall
Formed
1965
Legal Domicile
Va
Voting Board Members
14
Independent Board Members
13
Employees
31

Preparer

Firm
Finn Gartman Hart Plc
Address
1604 HILLTOP WEST EXECUTIVE CTR STE, VIRGINIA BEACH, VA 23451
Preparer
Michael D Gartman
Phone
7574251532
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IRS990/Desc0PROVIDING AN EXCELLENT EDUCATION IS THE COLLECTIVE GOAL OF PARENTS, FACULTY, ADMINISTRATION, AND TRUSTEES. THE THREE SCHOOL DIVISION: (1) EARLY CHILDHOOD, (2) LOWER SCHOOL, AND (3) MIDDLE SCHOOL, WORK TOGETHER TO PROVIDE A SEQUENCED CURRICULUM THAT IS CHALLENGING AND PREPARES STUDENTS FOR THEIR NEXT LEVEL OF EDUCATION. THE SCHOOL'S PROGRAM GUIDES THE STUDENTS THROUGH YEARS OF DEVELOPMENT IN ACADEMICS, HONOR, INTEGRITY, RESPONSIBILITY, SPORTSMANSHIP, AND TEAMWORK.
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IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14HEAD OF SCHO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt089428
IRS990/FundraisingGrossIncomeAmt0181449
IRS990/GainOrLossGrp/SecuritiesAmt034773
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt0322382
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0322382
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0322382
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0559915
IRS990/GrossReceiptsAmt02668270
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt03306
IRS990/InsuranceGrp/ManagementAndGeneralAmt06781
IRS990/InsuranceGrp/ProgramServicesAmt014044
IRS990/InsuranceGrp/TotalAmt024131
IRS990/InterestGrp/ManagementAndGeneralAmt034623
IRS990/InterestGrp/TotalAmt034623
IRS990/InvestmentIncomeGrp/ExclusionAmt019724
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019724
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0757010
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0798641
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01699471
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01530051
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01543245
IRS990/LandBldgEquipCostOrOtherBssAmt03242716
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0525142
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO INSPIRE EACH STUDENT TO APPROACH LEARNING WITH CURIOSITY AND CREATIVITY, PURSUE EXCELLENCE, AND ACT WITH INTEGRITY - SO EACH CAN MAKE OUR COMMUNITY AND WORLD A BETTER PLACE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0397810
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0431917
IRS990/NetAssetsOrFundBalancesBOYAmt01887427
IRS990/NetAssetsOrFundBalancesEOYAmt02059486
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt034773
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt034773
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt092021
IRS990/NetUnrlzdGainsLossesInvstAmt015223
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt04891
IRS990/OccupancyGrp/ManagementAndGeneralAmt012889
IRS990/OccupancyGrp/ProgramServicesAmt023634
IRS990/OccupancyGrp/TotalAmt041414
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt036278
IRS990/OfficeExpensesGrp/TotalAmt036278
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07449
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt055709
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0106774
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0169932
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1OTHER SUPPLIES AND SVCS
IRS990/OtherExpensesGrp/Desc2DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/FundraisingAmt03896
IRS990/OtherExpensesGrp/FundraisingAmt120093
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07992
IRS990/OtherExpensesGrp/ProgramServicesAmt016552
IRS990/OtherExpensesGrp/ProgramServicesAmt120314
IRS990/OtherExpensesGrp/ProgramServicesAmt218971
IRS990/OtherExpensesGrp/TotalAmt028440
IRS990/OtherExpensesGrp/TotalAmt120314
IRS990/OtherExpensesGrp/TotalAmt220093
IRS990/OtherExpensesGrp/TotalAmt318971
IRS990/OtherLiabilitiesGrp/BOYAmt05725
IRS990/OtherLiabilitiesGrp/EOYAmt017773
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt05154
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05154
IRS990/OtherRevenueTotalAmt05154
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt037168
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0235503
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0490344
IRS990/OtherSalariesAndWagesGrp/TotalAmt0763015
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02729
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020413
IRS990/PayrollTaxesGrp/ProgramServicesAmt039126
IRS990/PayrollTaxesGrp/TotalAmt062268
IRS990/PensionPlanContributionsGrp/FundraisingAmt0940
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07027
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013469
IRS990/PensionPlanContributionsGrp/TotalAmt021436
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0150918
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0150918
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt087500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013194
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022341
IRS990/PrincipalOfficerNm0JULIANNE T DUVALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01519929
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01519929
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0304708
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0319560
IRS990/PYInvestmentIncomeAmt077833
IRS990/PYOtherExpensesAmt0446729
IRS990/PYOtherRevenueAmt0113968
IRS990/PYProgramServiceRevenueAmt01359327
IRS990/PYRevenuesLessExpensesAmt0551
IRS990/PYSalariesCompEmpBnftPaidAmt01088996
IRS990/PYTotalExpensesAmt01855285
IRS990/PYTotalRevenueAmt01855836
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0156836
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01212799
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0965845
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02178644
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0196071
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0577564
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0773635
IRS990ScheduleD/ExpensesSubtotalAmt01896864
IRS990ScheduleD/HistoricLandAreaInd0X
IRS990ScheduleD/LandGrp/BookValueAmt090063
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt090063
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044312
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0156062
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0200374
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017773
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER CURRENT LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt02053700
IRS990ScheduleD/TotalAcreageCnt024.00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01543245
IRS990ScheduleD/TotalEasementsCnt01
IRS990ScheduleD/TotalExpensesPerForm990Amt01896864
IRS990ScheduleD/TotalLiabilityAmt017773
IRS990ScheduleD/TotalRevenuePerForm990Amt02053700
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02053700
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01896864
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
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/ExplanationTxt0WEBSITE STATES "CHESAPEAKE ACADEMY DOES NOT DISCRIMINATE IN ADMISSION OR FINANCIAL ASSISTANCE ON THE BASIS OF RACE, GENDER, PHYSICAL CHALLENGES, RELIGIOUS AFFILIATION, ETHNIC BACKGROUND OR COUNTRY OF ORIGIN."
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt089428
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OYSTER ROAST
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0129586
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt051863

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,636,320
Liabilities
$576,834
Net assets
$2,059,486
Revenue
$2,053,700
Expenses
$1,896,864
Net income
$156,836
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.38$3.00$2.89$2.62$0.27
2023Summary only. Only limited summary data is available for this year.$3.03$0.47$2.56$2.24$2.43$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$0.31$2.68$2.58$2.33$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.53$2.59$2.52$2.12$0.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$0.86$2.10$2.00$2.00$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$0.61$2.24$2.18$2.03$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.64$0.58$2.06$2.05$1.90$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.72$1.89$1.86$1.86$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.59$0.71$1.88$1.81$1.72$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.57$0.71$1.86$1.61$1.65$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.70$0.77$1.93$2.49$1.58$0.91
2013Summary only. Only limited summary data is available for this year.$1.86$0.76$1.09$1.65$1.53$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.83$0.97$1.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.90$0.96$1.46