Civic Intelligence

Noble Academy

990 • Fiscal year 2018 • EIN 56-1676066

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 08, 2018

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

45th percentile

0.28x

Higher debt load relative to assets than 45% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.70x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Net Margin

78th percentile

17%

Higher net margin than 78% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

46th percentile

$159,792

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Asset Growth

66th percentile

9.1%

Faster asset growth than 66% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

69th percentile

15%

Faster revenue growth than 69% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$10,903,483

Up $910,164 (+9.1%) from 2017

Net Assets

Up

$7,893,306

Up $711,621 (+9.9%) from 2017

Liabilities

Up

$3,010,177

Up $198,543 (+7.1%) from 2017

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin78th percentile

Revenue

Up

$4,302,436

Up $561,268 (+15%) from 2017

Expenses

Down

$3,590,815

Down $10,026 (-0.3%) from 2017

Net Income

Up

$711,621

Up $571,294 (+407%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth66th 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

2018

Assets$10,903,483
Liabilities$3,010,177
Net Assets$7,893,306
Open 2018 Filing

Operations Trend

Revenue Growth69th 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

2018

Revenue$4,302,436
Expenses$3,590,815
Net Income$711,621
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$4,302,436
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$4,403,591$4,254,304▼ $149,287
Investments in Publicly Traded Securities$2,384,841$3,245,722▲ $860,881
Savings and Temporary Cash Investments$1,696,709$1,698,348▲ $1,639
Accounts Receivable$1,392,039$1,548,033▲ $155,994
Investments Other Securities$90,930$92,834▲ $1,904
Cash and Non-Interest-Bearing Accounts$3,431$35,592▲ $32,161
Total Assets$9,993,319$10,903,483▲ $910,164
Other Assets Total$21,778$28,650▲ $6,872
Liabilities
Deferred Revenue$2,370,291$2,608,145▲ $237,854
Mortgage Notes Payable Secured by Investment Property$257,323$245,892▼ $11,431
Accounts Payable and Accrued Expenses$184,020$156,140▼ $27,880
Total Liabilities$2,811,634$3,010,177▲ $198,543
Net Assets / Fund Balance
Unrestricted Net Assets$4,692,504$4,508,885▼ $183,619
Permanently Rstr Net Assets$1,798,856$2,626,754▲ $827,898
Temporarily Rstr Net Assets$690,325$757,667▲ $67,342
Total Net Assets Fund Balance$7,181,685$7,893,306▲ $711,621
Total Liabilities and Net Assets / Fund Balance$9,993,319$10,903,483▲ $910,164

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,582,967$1,197,268-
Other Land Buildings$24,605$165,101-
Land$1,289,136--
Equipment$330,117$679,442-
Leasehold Improvements$27,479$85,936-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$2,475,771$824,898▲ $133,887-$3,338,556
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
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda HaleHead of SchoolFT$153,969$5,823$159,792

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
$928,590
Program Service Revenue
$3,189,004
Investment Income
$133,887
Other Revenue
$50,955
All Other Contributions
$928,590
Change in Net Assets
$711,621

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,041,436
Revenue Not Reported on Financial Statements
$261,000
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$261,000
Total Revenue per Audited Statements
$4,041,436
Total Revenue per Form 990
$4,302,436
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,508,114
Other Expenses$821,701
Grants and Similar Amounts Paid$261,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,952,269--$1,952,269
Grants to Domestic Individuals$261,000--$261,000
Depreciation Depletion$204,144--$204,144
Occupancy$188,750--$188,750
Other Employee Benefits$187,373--$187,373
Current Officers, Directors, Trustees, and Key Employees$161,600--$161,600
Payroll Taxes$155,839--$155,839
Advertising-$53,471-$53,471
Pension Plan Contributions$51,033--$51,033
Fees for Services Other$28,930$12,534-$41,464
Insurance-$33,835-$33,835
Fees for Services Accounting-$26,722-$26,722
Information Technology-$24,970-$24,970
All Other Expenses$1,244$17,841-$19,085
Office Expenses-$17,108-$17,108
Other Expenses$14,195--$14,195
Interest-$10,869-$10,869
Travel-$1,281-$1,281
Fees for Services Legal-$1,157-$1,157
Total Functional Expenses$3,391,027$199,788$0$3,590,815

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,590,815
Expenses per Audited Statements$3,329,815
Total Expenses per Audited Statements$3,329,815
Expenses Not Reported on Financial Statements$261,000
Other Expense Adjustments$261,000
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
2018-11-08
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
68
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, 2018 and 2017. 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, 2015 remain open for examination.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

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

PART XII, LINE 4B - OTHER ADJUSTMENTS:

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

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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/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0261000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0261000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0261000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04302436
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt024970
IRS990/InformationTechnologyGrp/TotalAmt024970
IRS990/InsuranceGrp/ManagementAndGeneralAmt033835
IRS990/InsuranceGrp/TotalAmt033835
IRS990/InterestGrp/ManagementAndGeneralAmt010869
IRS990/InterestGrp/TotalAmt010869
IRS990/InvestmentIncomeGrp/ExclusionAmt0133887
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0133887
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt090930
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt092834
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02384841
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03245722
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02127747
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04403591
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04254304
IRS990/LandBldgEquipCostOrOtherBssAmt06382051
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 EMPOWERING STUDENTS WITH LEARNING DIFFERENCES TO PURSUE THEIR HIGHEST POTENTIAL WITHIN A COMPREHENSIVE, SUPPORTIVE EDUCATIONAL ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0257323
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0245892
IRS990/NetAssetsOrFundBalancesBOYAmt07181685
IRS990/NetAssetsOrFundBalancesEOYAmt07893306
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0188750
IRS990/OccupancyGrp/TotalAmt0188750
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017108
IRS990/OfficeExpensesGrp/TotalAmt017108
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt021778
IRS990/OtherAssetsTotalGrp/EOYAmt028650
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0187373
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0187373
IRS990/OtherExpensesGrp/Desc0SCHOOL EXPENSES
IRS990/OtherExpensesGrp/Desc1TRAINING
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc3EDUCATION ENHANCEMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0134373
IRS990/OtherExpensesGrp/ProgramServicesAmt128874
IRS990/OtherExpensesGrp/ProgramServicesAmt221403
IRS990/OtherExpensesGrp/ProgramServicesAmt314195
IRS990/OtherExpensesGrp/TotalAmt0134373
IRS990/OtherExpensesGrp/TotalAmt128874
IRS990/OtherExpensesGrp/TotalAmt221403
IRS990/OtherExpensesGrp/TotalAmt314195
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt050955
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt050955
IRS990/OtherRevenueTotalAmt050955
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01952269
IRS990/OtherSalariesAndWagesGrp/TotalAmt01952269
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0155839
IRS990/PayrollTaxesGrp/TotalAmt0155839
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt051033
IRS990/PensionPlanContributionsGrp/TotalAmt051033
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01798856
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02626754
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/RelatedOrExemptFuncIncomeAmt03019297
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt198982
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt253687
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt317038
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03019297
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt198982
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt253687
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt317038
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0108940
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0248573
IRS990/PYInvestmentIncomeAmt0246033
IRS990/PYOtherExpensesAmt0803098
IRS990/PYOtherRevenueAmt032867
IRS990/PYProgramServiceRevenueAmt03353328
IRS990/PYRevenuesLessExpensesAmt0140327
IRS990/PYSalariesCompEmpBnftPaidAmt02549170
IRS990/PYTotalExpensesAmt03600841
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03741168
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0711621
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03189004
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01696709
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01698348
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02582967
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01197268
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03780235
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02475771
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0824898
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03338556
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt096000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0133887
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02309728
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt055
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02475771
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt079990
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0245978
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02415978
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02150
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02309728
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0120000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011600
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02479181
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02415978
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt080000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt016897
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0100
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02203379
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02479181
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt080000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0355802
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0330117
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0679442
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01009559
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0261000
IRS990ScheduleD/ExpensesSubtotalAmt03329815
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01289136
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01289136
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt027479
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt085936
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0113415
IRS990ScheduleD/OtherExpensesNotIncludedAmt0261000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024605
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0165101
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0189706
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0261000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0261000
IRS990ScheduleD/RevenueSubtotalAmt04041436
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, 2018 AND 2017. 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, 2015 REMAIN OPEN FOR EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2TUITION ASSISTANCE OFFSETS TUITION REVENUE ON AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3TUITION ASSISTANCE IS CLASSIFIED AS GRANT EXPENSES ON THE FORM 990.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04254304
IRS990ScheduleD/TotalExpensesPerForm990Amt03590815
IRS990ScheduleD/TotalRevenuePerForm990Amt04302436
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04041436
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03329815
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$10,903,483
Liabilities
$3,010,177
Net assets
$7,893,306
Revenue
$4,302,436
Expenses
$3,590,815
Net income
$711,621
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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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