Civic Intelligence

Noble Academy

990 • Fiscal year 2017 • EIN 56-1676066

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 24, 2017

Organization ProfileWWW.NOBLEKNIGHTS.ORG

View Organization Page

3310 Horse Pen Creek RoadGreensboro, NC 27410

(336) 282-7044

Siviq Scores

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

Liabilities / Assets

50th percentile

0.28x

Higher debt load relative to assets than 50% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

78th percentile

0.75x

Higher debt load relative to revenue than 78% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Net Margin

49th percentile

3.8%

Higher net margin than 49% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

57th percentile

$147,938

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Asset Growth

27th percentile

-0.9%

Faster asset growth than 27% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets50th percentile

Assets

Down

$9,993,319

Down $91,508 (-0.9%) from 2016

Net Assets

Up

$7,181,685

Up $140,327 (+2.0%) from 2016

Liabilities

Down

$2,811,634

Down $231,835 (-7.6%) from 2016

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin49th percentile

Revenue

Up

$3,741,168

Up $360,944 (+11%) from 2016

Expenses

Up

$3,600,841

Up $22,314 (+0.6%) from 2016

Net Income

Up

$140,327

Up $338,630 (+171%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$15M$10M$5.0M$0Assets 2011: $8,726,540Liabilities 2011: $2,345,501Net Assets 2011: $6,381,0392011Assets 2012: $9,833,207Liabilities 2012: $3,332,738Net Assets 2012: $6,500,4692012Assets 2013: $10,551,516Liabilities 2013: $3,552,025Net Assets 2013: $6,999,4912013Assets 2014: $10,882,952Liabilities 2014: $3,443,126Net Assets 2014: $7,439,8262014Assets 2015: $10,332,343Liabilities 2015: $3,092,682Net Assets 2015: $7,239,6612015Assets 2016: $10,084,827Liabilities 2016: $3,043,469Net Assets 2016: $7,041,3582016Assets 2017: $9,993,319Liabilities 2017: $2,811,634Net Assets 2017: $7,181,6852017Assets 2018: $10,903,483Liabilities 2018: $3,010,177Net Assets 2018: $7,893,3062018Assets 2019: $11,153,234Liabilities 2019: $3,252,071Net Assets 2019: $7,901,1632019Assets 2020: $11,274,334Liabilities 2020: $3,360,620Net Assets 2020: $7,913,7142020Assets 2021: $12,100,056Liabilities 2021: $3,003,792Net Assets 2021: $9,096,2642021Assets 2022: $11,946,488Liabilities 2022: $3,510,427Net Assets 2022: $8,436,0612022Assets 2023: $12,277,471Liabilities 2023: $3,345,757Net Assets 2023: $8,931,7142023Assets 2024: $12,312,355Liabilities 2024: $3,261,915Net Assets 2024: $9,050,4402024Assets 2025: $12,555,702Liabilities 2025: $3,362,170Net Assets 2025: $9,193,5322025

Highlighted filing

2017

Assets$9,993,319
Liabilities$2,811,634
Net Assets$7,181,685
Open 2017 Filing

Operations Trend

Revenue Growth62nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,568,434Expenses 2011: $2,489,891Net Income 2011: $1,078,5432011Revenue 2012: $2,868,017Expenses 2012: $2,748,587Net Income 2012: $119,4302012Revenue 2013: $3,656,176Expenses 2013: $3,157,154Net Income 2013: $499,0222013Revenue 2014: $3,937,937Expenses 2014: $3,497,602Net Income 2014: $440,3352014Revenue 2015: $3,506,163Expenses 2015: $3,706,328Net Income 2015: -$200,1652015Revenue 2016: $3,380,224Expenses 2016: $3,578,527Net Income 2016: -$198,3032016Revenue 2017: $3,741,168Expenses 2017: $3,600,841Net Income 2017: $140,3272017Revenue 2018: $4,302,436Expenses 2018: $3,590,815Net Income 2018: $711,6212018Revenue 2019: $3,643,157Expenses 2019: $3,635,300Net Income 2019: $7,8572019Revenue 2020: $3,854,550Expenses 2020: $3,841,999Net Income 2020: $12,5512020Revenue 2021: $4,421,546Expenses 2021: $4,127,363Net Income 2021: $294,1832021Revenue 2022: $4,273,437Expenses 2022: $4,282,375Net Income 2022: -$8,9382022Revenue 2023: $4,753,726Expenses 2023: $4,544,711Net Income 2023: $209,0152023Revenue 2024: $4,502,852Expenses 2024: $4,720,057Net Income 2024: -$217,2052024Revenue 2025: $4,282,354Expenses 2025: $4,590,938Net Income 2025: -$308,5842025

Highlighted filing

2017

Revenue$3,741,168
Expenses$3,600,841
Net Income$140,327
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 24, 2017
Return Version
2016v3.0
Gross Receipts
$3,745,849
Mission and Program Overview

Mission

Noble academy (formerly guilford day school) is an independent, non-profit, co-educational institution, with the mission of enabling students with specific learning disabilities and/or other attention deficit disorders with average to above average intellect to reach their highest potential by establishing and maintaining a safe, supportive and positive educational setting that creates opportunities for success, challenges expectations and builds a strong foundation of skills and knowledge that leads to successful transitions.

Operation of a school providing educational services to students in grades k-12 with learning disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,533,355$4,403,591▼ $129,764
Investments in Publicly Traded Securities$2,226,768$2,384,841▲ $158,073
Savings and Temporary Cash Investments$1,557,788$1,696,709▲ $138,921
Accounts Receivable$1,660,044$1,392,039▼ $268,005
Investments Other Securities$82,960$90,930▲ $7,970
Cash and Non-Interest-Bearing Accounts$4,471$3,431▼ $1,040
Total Assets$10,084,827$9,993,319▼ $91,508
Other Assets Total$19,441$21,778▲ $2,337
Liabilities
Deferred Revenue$2,600,297$2,370,291▼ $230,006
Mortgage Notes Payable Secured by Investment Property$268,657$257,323▼ $11,334
Accounts Payable and Accrued Expenses$157,492$184,020▲ $26,528
Other Liabilities$17,023$0▼ $17,023
Total Liabilities$3,043,469$2,811,634▼ $231,835
Net Assets / Fund Balance
Unrestricted Net Assets$4,728,320$4,692,504▼ $35,816
Permanently Rstr Net Assets$1,798,801$1,798,856▲ $55
Temporarily Rstr Net Assets$514,237$690,325▲ $176,088
Total Net Assets Fund Balance$7,041,358$7,181,685▲ $140,327
Total Liabilities and Net Assets / Fund Balance$10,084,827$9,993,319▼ $91,508

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,601,563$1,178,672-
Other Land Buildings$0$30,420-
Land$1,399,504--
Equipment$32,165$127,121-
Leasehold Improvements$370,359$615,541-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$2,309,728$55▲ $245,978-$2,475,771
2015$2,415,978$2,150▲ $11,600-$2,309,728
2014$2,479,181-▲ $16,897$100$2,415,978
2013$2,203,379-▲ $355,802-$2,479,181
2012$2,087,832-▲ $195,447-$2,203,379
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda HaleHead of SchoolFT$140,469$7,469$147,938

Board Members and Trustees

NameTitle
Bethany CarterChair
Frank BrainardVice Chair
Jennifer HimesBoard Member
John ThomasBoard Member
Matthew PooleBoard Member
Melissa AkinBoard Member
Michelle MalloyBoard Member
Patty GuslerBoard Member
Rebecca BlomgrenBoard Member
Shari HolbrookBoard Member
Sylvestor TaylorBoard Member
Betsy BlackSecretary
Chris LookabillTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$108,940
Program Service Revenue
$3,353,328
Investment Income
$246,033
Other Revenue
$32,867
All Other Contributions
$108,940
Change in Net Assets
$140,327

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,492,595
Revenue Not Reported on Financial Statements
$248,573
Revenue Not Reported on Form 990
$4,681
Other Revenue Adjustments
$248,573
Total Revenue per Audited Statements
$3,497,276
Total Revenue per Form 990
$3,741,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,549,170
Other Expenses$803,098
Grants and Similar Amounts Paid$248,573
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,012,540--$2,012,540
Grants to Domestic Individuals$248,573--$248,573
Depreciation Depletion$203,457--$203,457
Other Employee Benefits$185,351--$185,351
Occupancy$178,429--$178,429
Payroll Taxes$158,675--$158,675
Current Officers, Directors, Trustees, and Key Employees$146,000--$146,000
Pension Plan Contributions$46,604--$46,604
Advertising-$41,834-$41,834
Fees for Services Other$39,144--$39,144
Insurance-$32,094-$32,094
Information Technology-$26,291-$26,291
Fees for Services Accounting-$25,718-$25,718
Office Expenses-$19,281-$19,281
All Other Expenses$1,731$15,488-$17,219
Other Expenses$14,526--$14,526
Interest-$11,471-$11,471
Fees for Services Legal-$2,506-$2,506
Travel-$267-$267
Total Functional Expenses$3,425,891$174,950$0$3,600,841

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,600,841
Total Expenses per Audited Statements$3,356,949
Expenses per Audited Statements$3,352,268
Expenses Not Reported on Financial Statements$248,573
Other Expense Adjustments$248,573
Expenses Not Reported on Form 990$4,681
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,061
Fundraising Direct Expenses$4,681
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

“The organization has an audit conducted. Once the 990 is prepared, it is given to the board of trustees for review.”

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

“The board of trustees is required to comply with the handbook of board governance and disclose any conflicts of interest annually.”

Form 990, Part VI, Section B, Line 15

“The board of trustees has a compensation committee that reviews and approves compensation of the organization's head of school.”

Form 990, Part VI, Section C, Line 18

“Financial information is made available to the public upon request and on guidestar.org.”

Form 990, Part VI, Section C, Line 19

“The board of trustees generally meets five times a year. Meetings are open to faculty/staff, parents, and the general public. The board is required to disclose annual interests that would give rise to conflicts. The board also guards against conflict of interest, whether personal or business related, as stated in the handbook of board governance.”

Filing and Contact Details

Filer

Filer Name
Noble Academy
EIN
56-1676066
Phone
3362827044
Address
3310 HORSE PEN CREEK ROAD, GREENSBORO, NC 27410

Signing Officer

Name
Bethany Carter
Title
Chair of Board of Trustees
Phone
3362827044
Signed
2017-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bethany Carter
Formed
1987
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
71
Volunteers
72

Preparer

Firm
Turlington and Company Llp
Address
PO BOX 1697, LEXINGTON, NC 27293-1697
Preparer
Terry J Berrier
Phone
3362496856
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“Scholarships for students with learning disabilities.”

PART X, LINE 2:

“Noble academy is exempt from federal income tax under section 501(c)(3) of the internal revenue code. In addition, noble academy has been classified as an organization that is not a private foundation under section 509(a)(2) and section 170(b)(1)(a)(ii). The school has determined that it has no uncertain income tax positions as of june 30, 2017 and 2016. Also, the school does not anticipate any increase or decrease in unrecognized tax benefits during the next twelve months that would result in a material change to its financial position. The school's income tax returns for years ended after june 30, 2014 remain open for examination.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expenses offset fundraising revenues on form 990.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Tuition assistance offsets tuition revenue on audited financial statements.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising costs are expenses on the audited statements.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Tuition assistance is classified as grant expenses on the form 990.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt04681
IRS990/FundraisingGrossIncomeAmt05061
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0248573
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0248573
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0248573
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03745849
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
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IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt026291
IRS990/InformationTechnologyGrp/TotalAmt026291
IRS990/InsuranceGrp/ManagementAndGeneralAmt032094
IRS990/InsuranceGrp/TotalAmt032094
IRS990/InterestGrp/ManagementAndGeneralAmt011471
IRS990/InterestGrp/TotalAmt011471
IRS990/InvestmentIncomeGrp/ExclusionAmt0246033
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0246033
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt082960
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt090930
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02226768
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02384841
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01951754
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04533355
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04403591
IRS990/LandBldgEquipCostOrOtherBssAmt06355345
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NOBLE ACADEMY (FORMERLY GUILFORD DAY SCHOOL) IS AN INDEPENDENT, NON-PROFIT, CO-EDUCATIONAL INSTITUTION, WITH THE MISSION OF ENABLING STUDENTS WITH SPECIFIC LEARNING DISABILITIES AND/OR OTHER ATTENTION DEFICIT DISORDERS WITH AVERAGE TO ABOVE AVERAGE INTELLECT TO REACH THEIR HIGHEST POTENTIAL BY ESTABLISHING AND MAINTAINING A SAFE, SUPPORTIVE AND POSITIVE EDUCATIONAL SETTING THAT CREATES OPPORTUNITIES FOR SUCCESS, CHALLENGES EXPECTATIONS AND BUILDS A STRONG FOUNDATION OF SKILLS AND KNOWLEDGE THAT LEADS TO SUCCESSFUL TRANSITIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0268657
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0257323
IRS990/NetAssetsOrFundBalancesBOYAmt07041358
IRS990/NetAssetsOrFundBalancesEOYAmt07181685
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0380
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0380
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0178429
IRS990/OccupancyGrp/TotalAmt0178429
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019281
IRS990/OfficeExpensesGrp/TotalAmt019281
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019441
IRS990/OtherAssetsTotalGrp/EOYAmt021778
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0185351
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0185351
IRS990/OtherExpensesGrp/Desc0SCHOOL EXPENSES
IRS990/OtherExpensesGrp/Desc1TRAINING
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc3EDUCATION ENHANCEMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0145377
IRS990/OtherExpensesGrp/ProgramServicesAmt123108
IRS990/OtherExpensesGrp/ProgramServicesAmt222376
IRS990/OtherExpensesGrp/ProgramServicesAmt314526
IRS990/OtherExpensesGrp/TotalAmt0145377
IRS990/OtherExpensesGrp/TotalAmt123108
IRS990/OtherExpensesGrp/TotalAmt222376
IRS990/OtherExpensesGrp/TotalAmt314526
IRS990/OtherLiabilitiesGrp/BOYAmt017023
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt032487
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032487
IRS990/OtherRevenueTotalAmt032487
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02012540
IRS990/OtherSalariesAndWagesGrp/TotalAmt02012540
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0158675
IRS990/PayrollTaxesGrp/TotalAmt0158675
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt046604
IRS990/PensionPlanContributionsGrp/TotalAmt046604
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01798801
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01798856
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BETHANY CARTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1COMMUNITY PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT FINANCE FEES
IRS990/ProgramServiceRevenueGrp/Desc3PARENTS ASSOCIATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03177930
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1102817
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt259096
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt313485
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03177930
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1102817
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt259096
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt313485
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt090088
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0277500
IRS990/PYInvestmentIncomeAmt011984
IRS990/PYOtherExpensesAmt0802359
IRS990/PYOtherRevenueAmt042086
IRS990/PYProgramServiceRevenueAmt03236066
IRS990/PYRevenuesLessExpensesAmt0-198303
IRS990/PYSalariesCompEmpBnftPaidAmt02498668
IRS990/PYTotalExpensesAmt03578527
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03380224
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0140327
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03353328
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01557788
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01696709
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/BuildingsGrp/BookValueAmt02601563
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01178672
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03780235
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02309728
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt055
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02475771
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt079990
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0245978
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02415978
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02150
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02309728
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0120000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011600
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02479181
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02415978
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt080000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt016897
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02203379
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02479181
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt080000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0355802
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02087832
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02203379
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt079900
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0195447
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt032165
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0127121
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0159286
IRS990ScheduleD/ExpensesNotReportedAmt04681
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0248573
IRS990ScheduleD/ExpensesSubtotalAmt03352268
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01399504
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01399504
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0370359
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0615541
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0985900
IRS990ScheduleD/OtherExpensesIncludedAmt04681
IRS990ScheduleD/OtherExpensesNotIncludedAmt0248573
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030420
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt030420
IRS990ScheduleD/OtherRevenueAmt04681
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0248573
IRS990ScheduleD/RevenueNotReportedAmt04681
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0248573
IRS990ScheduleD/RevenueSubtotalAmt03492595
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS FOR STUDENTS WITH LEARNING DISABILITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NOBLE ACADEMY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, NOBLE ACADEMY HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) AND SECTION 170(B)(1)(A)(II). THE SCHOOL HAS DETERMINED THAT IT HAS NO UNCERTAIN INCOME TAX POSITIONS AS OF JUNE 30, 2017 AND 2016. ALSO, THE SCHOOL DOES NOT ANTICIPATE ANY INCREASE OR DECREASE IN UNRECOGNIZED TAX BENEFITS DURING THE NEXT TWELVE MONTHS THAT WOULD RESULT IN A MATERIAL CHANGE TO ITS FINANCIAL POSITION. THE SCHOOL'S INCOME TAX RETURNS FOR YEARS ENDED AFTER JUNE 30, 2014 REMAIN OPEN FOR EXAMINATION.

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,993,319
Liabilities
$2,811,634
Net assets
$7,181,685
Revenue
$3,741,168
Expenses
$3,600,841
Net income
$140,327
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$12.6$3.36$9.19$4.28$4.59$0.31
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$3.26$9.05$4.50$4.72$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$3.35$8.93$4.75$4.54$0.21
2022Detailed filing. Detailed filing data is available for this year.$11.9$3.51$8.44$4.27$4.28$0.01
2021Detailed filing. Detailed filing data is available for this year.$12.1$3.00$9.10$4.42$4.13$0.29
2020Detailed filing. Detailed filing data is available for this year.$11.3$3.36$7.91$3.85$3.84$0.01
2019Detailed filing. Detailed filing data is available for this year.$11.2$3.25$7.90$3.64$3.64$0.01
2018Detailed filing. Detailed filing data is available for this year.$10.9$3.01$7.89$4.30$3.59$0.71
2017Detailed filing. Detailed filing data is available for this year.$9.99$2.81$7.18$3.74$3.60$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$3.04$7.04$3.38$3.58$0.20
2015Detailed filing. Detailed filing data is available for this year.$10.3$3.09$7.24$3.51$3.71$0.20
2014Detailed filing. Detailed filing data is available for this year.$10.9$3.44$7.44$3.94$3.50$0.44
2013Summary only. Only limited summary data is available for this year.$10.6$3.55$7.00$3.66$3.16$0.50
2012Summary only. Only limited summary data is available for this year.$9.83$3.33$6.50$2.87$2.75$0.12
2011Summary only. Only limited summary data is available for this year.$8.73$2.35$6.38$3.57$2.49$1.08