Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
990 • Fiscal year 2018 • EIN 56-0944004
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
Liabilities / Revenue
47th percentile
Higher debt load relative to revenue than 47% of similar nonprofits.
Net Margin
36th percentile
Higher net margin than 36% of similar nonprofits.
Top Officer Pay
60th percentile
Higher top officer pay than 60% of similar nonprofits.
Top officer pay equals 2.9% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
30th percentile
Faster revenue growth than 30% of similar nonprofits.
Assets
Up$5,054,437
Up $133,717 (+2.7%) from 2017
Net Assets
Up$4,078,091
Up $42,190 (+1.0%) from 2017
Liabilities
Up$976,346
Up $91,527 (+10%) from 2017
Revenue
Up$5,369,449
Up $19,249 (+0.4%) from 2017
Expenses
Up$5,349,626
Up $471,426 (+9.7%) from 2017
Net Income
Down$19,823
Down $452,177 (-96%) from 2017
Fayetteville academy is an independent, college preparatory school (prek- 12) that encourages students to achieve their full potential by offering exceptional opportunities in academics, fine arts, and athletics. The academy emphasizes scholarship, honor, leadership, and citizenship in a safe and inclusive environment. The academy is proud to be ranked the number one private school in the fayetteville area and among the top 20 best private schools in north carolina by niche.com.
Fayetteville academy (the academy) is a private educational institution located in fayetteville, north carolina and incorporated under north carolina law as a non-stock charitable organization. The academy provides educational services to students in grades pre-kindergarten through twelve residing in cumberland, harnett, hoke, lee, moore, robeson and sampson counties.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $3,297,162 | $3,359,453 | ▲ $62,291 |
| Cash and Non-Interest-Bearing Accounts | $922,107 | $912,966 | ▼ $9,141 |
| Investments in Publicly Traded Securities | $555,660 | $606,166 | ▲ $50,506 |
| Accounts Receivable | $98,845 | $85,465 | ▼ $13,380 |
| Prepaid Expenses and Deferred Charges | $9,365 | $55,231 | ▲ $45,866 |
| Total Assets | $4,920,720 | $5,054,437 | ▲ $133,717 |
| Other Assets Total | $37,581 | $35,156 | ▼ $2,425 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $332,807 | $367,831 | ▲ $35,024 |
| Deferred Revenue | $425,024 | $366,894 | ▼ $58,130 |
| Other Liabilities | $126,988 | $241,621 | ▲ $114,633 |
| Total Liabilities | $884,819 | $976,346 | ▲ $91,527 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $3,238,332 | $3,185,819 | ▼ $52,513 |
| Permanently Rstr Net Assets | $500,211 | $522,415 | ▲ $22,204 |
| Temporarily Rstr Net Assets | $297,358 | $369,857 | ▲ $72,499 |
| Total Net Assets Fund Balance | $4,035,901 | $4,078,091 | ▲ $42,190 |
| Total Liabilities and Net Assets / Fund Balance | $4,920,720 | $5,054,437 | ▲ $133,717 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,789,049 | $4,853,330 | - |
| Other Land Buildings | $200,220 | - | - |
| Land | $115,048 | - | - |
| Equipment | $1,255,136 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2016 | $470,834 | $45,504 | ▲ $60,397 | $15,503 | $555,660 |
| 2015 | $485,925 | $23,120 | ▼ $16,032 | $17,036 | $470,834 |
| 2014 | $431,587 | - | ▲ $8,556 | $15,877 | $485,925 |
| 2013 | $403,573 | - | ▲ $56,933 | $14,730 | $440,865 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Ray Quesnel | Head of Scho | FT | $157,145 | $157,145 |
| Ray Quesnel | Head of School | - | $157,145 | $157,145 |
| Name | Title |
|---|---|
| Jim Mergy | Chairman |
| Chris Harrison | Vice Chair |
| Andrew Penink | Trustee |
| Chris Neal | Trustee |
| Jennifer Mearing | Trustee |
| Josh Barkman | Trustee |
| Manish Mehta | Trustee |
| Meredith Stiehl | Trustee |
| Meredith Wiles | Trustee |
| Neill Legg | Trustee |
| Ryan Aul | Trustee |
| Sonya Ponder | Trustee |
| Thomas Miller | Trustee |
| Vivek Tandon | Trustee |
| Kimberly Pryzgoda | Secretary |
| Angela Packer | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,980,549 |
| Other Expenses | $1,369,077 |
| Total Fundraising Expense | $239,562 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,424,671 | $646,579 | $161,645 | $3,232,895 |
| All Other Expenses | $355,701 | $41,064 | $34,992 | $431,757 |
| Other Employee Benefits | $265,847 | $70,893 | $17,723 | $354,463 |
| Depreciation Depletion | $237,958 | - | - | $237,958 |
| Payroll Taxes | $169,912 | $45,310 | $11,328 | $226,550 |
| Pension Plan Contributions | $124,981 | $33,328 | $8,332 | $166,641 |
| Insurance | $126,798 | - | - | $126,798 |
| Other Expenses | $91,521 | $20,807 | - | $91,521 |
| Advertising | $45,017 | - | - | $45,017 |
| Information Technology | $33,178 | $8,294 | - | $41,472 |
| Fees for Services Accounting | - | $33,714 | - | $33,714 |
| Office Expenses | - | $3,695 | $5,542 | $9,237 |
| Interest | - | $1,575 | - | $1,575 |
| Total Functional Expenses | $4,174,086 | $935,978 | $239,562 | $5,349,626 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $5,349,626 |
| Total Expenses per Audited Statements | $5,349,626 |
| Total Expenses per Form 990 | $5,349,626 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Notes Payable | $123,391 |
| Deposits Held for Agencies | $118,230 |
“After review and approval of the 990 by the academy's finance committee, the full board reviews the 990 prior to filing.”
“Annual disclosure of conflicts of interests.”
“The head of school's compensation is reviewed annually by the finance committee; recommendations are made by this committee to the board who approves the complete compensation package.”
“Compensation of key employees is reviewed annually by the finance committee; recommendations are made by this committee to the board who approves the compensation package.”
“Governing documents will be provided upon request.”
“Fayetteville academy (the academy) is a private educational institution located in fayetteville, north carolina and incorporated under north carolina law as a non-stock charitable organization. The academy provides educational services to students in grades pre-kindergarten through twelve residing in cumberland, harnett, hoke, lee, moore, robeson and sampson counties.”
“Support of activities for students, teachers and staff of the academy.”
“Fayetteville academy (the academy) is a private educational institution located in fayetteville, north carolina and incorporated under north carolina law as a non-stock charitable organization. The academy provides educational services to students in grades pre-kindergarten through twelve residing in cumberland, harnett, hoke, lee, moore, robeson and sampson counties.”
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 | 332807 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 367831 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 98845 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 85465 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | FAYETTEVILLE ACADEMY (THE ACADEMY) IS A PRIVATE EDUCATIONAL INSTITUTION LOCATED IN FAYETTEVILLE, NORTH CAROLINA AND INCORPORATED UNDER NORTH CAROLINA LAW AS A NON-STOCK CHARITABLE ORGANIZATION. THE ACADEMY PROVIDES EDUCATIONAL SERVICES TO STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH TWELVE RESIDING IN CUMBERLAND, HARNETT, HOKE, LEE, MOORE, ROBESON AND SAMPSON COUNTIES. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 45017 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 45017 |
| IRS990/AllOtherContributionsAmt | 0 | 285833 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 34992 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 41064 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 355701 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 431757 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | FAYETTEVILLE ACADEMY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9108685131 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3200 CLIFFDALE ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FAYETTEVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28303 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 922107 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 912966 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 285833 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 25260 |
| IRS990/CYOtherExpensesAmt | 0 | 1369077 |
| IRS990/CYOtherRevenueAmt | 0 | 25979 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 5032377 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 19823 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3980549 |
| IRS990/CYTotalExpensesAmt | 0 | 5349626 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 239562 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5369449 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 425024 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 366894 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 237958 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 237958 |
| IRS990/Desc | 0 | PROVIDING HIGH QUALITY EDUCATIONAL SERVICES TO STUDENTS IN GRADES PRE- KINDERGARTEN THROUGH TWELVE RESIDING IN FAYETTEVILLE, NC AND SURROUNDING AREAS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 164 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 4174086 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 33714 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 33714 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 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/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | 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/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | RYAN AUL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CHRIS HARRISON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | NEILL LEGG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JENNIFER MEARING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JIM MERGY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | THOMAS MILLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | CHRIS NEAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ANGELA PACKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | KIMBERLY PRYZGODA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | MEREDITH STIEHL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | SONYA PONDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ANDREW PENINK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | VIVEK TANDON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MEREDITH WILES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | JOSH BARKMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | MANISH MEHTA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | RAY QUESNEL |
| 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 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 157145 |
| 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/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | HEAD OF SCHO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1969 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 17 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | true |
| IRS990/GrossReceiptsAmt | 0 | 5369449 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 16 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 8294 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 33178 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 41472 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 126798 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 126798 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 1575 |
| IRS990/InterestGrp/TotalAmt | 0 | 1575 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 25260 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 25260 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 555660 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 606166 |
| IRS990/IRPDocumentCnt | 0 | 19 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 4853330 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3297162 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3359453 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 8212783 |
| 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 | FAYETTEVILLE ACADEMY (THE ACADEMY) IS A PRIVATE EDUCATIONAL INSTITUTION LOCATED IN FAYETTEVILLE, NORTH CAROLINA AND INCORPORATED UNDER NORTH CAROLINA LAW AS A NON-STOCK CHARITABLE ORGANIZATION. THE ACADEMY PROVIDES EDUCATIONAL SERVICES TO STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH TWELVE RESIDING IN CUMBERLAND, HARNETT, HOKE, LEE, MOORE, ROBESON AND SAMPSON COUNTIES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4035901 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4078091 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 22367 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | true |
| IRS990/NondeductibleContriDisclInd | 0 | true |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 5542 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3695 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 9237 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 37581 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 35156 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 17723 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 70893 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 265847 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 354463 |
| IRS990/OtherExpensesGrp/Desc | 0 | UTILITIES/TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 1 | OPERATIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | CLEANING/JANITORIAL |
| IRS990/OtherExpensesGrp/Desc | 3 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 30719 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 20807 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 122874 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 83228 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 92400 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 91521 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 153593 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 104035 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 92400 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 91521 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 126988 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 241621 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 25979 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 25979 |
| IRS990/OtherRevenueTotalAmt | 0 | 25979 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 161645 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 646579 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2424671 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 3232895 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 11328 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 45310 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 169912 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 226550 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 8332 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 33328 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 124981 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 166641 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 500211 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 522415 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 9365 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 55231 |
| IRS990/PrincipalOfficerNm | 0 | JIM MERGY |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION AND FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | PROGRAM SERVICES AND EVENTS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4573207 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 459170 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 4573207 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 459170 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | FAYETTEVILLE ACADEMY (THE ACADEMY) IS A PRIVATE EDUCATIONAL INSTITUTION LOCATED IN FAYETTEVILLE, NORTH CAROLINA AND INCORPORATED UNDER NORTH CAROLINA LAW AS A NON-STOCK CHARITABLE ORGANIZATION. THE ACADEMY PROVIDES EDUCATIONAL SERVICES TO STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH TWELVE RESIDING IN CUMBERLAND, HARNETT, HOKE, LEE, MOORE, ROBESON AND SAMPSON COUNTIES. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 394343 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 15198 |
| IRS990/PYOtherExpensesAmt | 0 | 1223257 |
| IRS990/PYOtherRevenueAmt | 0 | 47886 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 4892773 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 472000 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 3654943 |
| IRS990/PYTotalExpensesAmt | 0 | 4878200 |
| IRS990/PYTotalRevenueAmt | 0 | 5350200 |
| IRS990/QuidProQuoContributionsInd | 0 | true |
| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 19823 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1789049 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 4853330 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 6642379 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 5572 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 470834 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 45504 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 555660 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 60397 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 15503 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 5143 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 485925 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 23120 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 470834 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -16032 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 17036 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 5169 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 431587 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 485925 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 8556 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 15877 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 4911 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 403573 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 440865 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 56933 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 14730 |
| IRS990ScheduleD/DisclosedForCharitablePrpsInd | 0 | true |
| IRS990ScheduleD/DisclosedOrgLegCtrlInd | 0 | true |
| IRS990ScheduleD/DonorAdvisedFundsGrantsAmt | 0 | 24792 |
| IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt | 0 | 606166 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 1255136 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 1255136 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 5349626 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 115048 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 115048 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 22367 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 200220 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 200220 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 123391 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 118230 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | NOTES PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DEPOSITS HELD FOR AGENCIES |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.93000 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 22367 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 5369449 |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 0.07000 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3359453 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 5349626 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 241621 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 5369449 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 5391816 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 5349626 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.