Civic Intelligence

Cape Fear Academy Inc.

990 • Fiscal year 2015 • EIN 56-6075566

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 08, 2015

Organization ProfileWWW.CAPEFEARACADEMY.ORG

View Organization Page

3900 Scollege RdWilmington, NC 28412

(910) 791-0287

Siviq Scores

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

Liabilities / Assets

75th percentile

0.58x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

1.56x

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

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Net Margin

38th percentile

3.0%

Higher net margin than 38% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

42nd percentile

$209,315

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Asset Growth

58th percentile

2.7%

Faster asset growth than 58% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

52nd percentile

6.1%

Faster revenue growth than 52% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$28,546,874

Up $755,912 (+2.7%) from 2014

Net Assets

Up

$11,882,044

Up $326,241 (+2.8%) from 2014

Liabilities

Up

$16,664,830

Up $429,671 (+2.6%) from 2014

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin38th percentile

Revenue

Up

$10,711,691

Up $617,533 (+6.1%) from 2014

Expenses

Up

$10,386,259

Up $573,394 (+5.8%) from 2014

Net Income

Up

$325,432

Up $44,139 (+16%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$60M$40M$20M$0Assets 2011: $26,289,989Liabilities 2011: $16,159,008Net Assets 2011: $10,130,9812011Assets 2012: $27,165,112Liabilities 2012: $17,085,994Net Assets 2012: $10,079,1182012Assets 2013: $27,557,226Liabilities 2013: $16,421,776Net Assets 2013: $11,135,4502013Assets 2014: $27,790,962Liabilities 2014: $16,235,159Net Assets 2014: $11,555,8032014Assets 2015: $28,546,874Liabilities 2015: $16,664,830Net Assets 2015: $11,882,0442015Assets 2016: $28,549,166Liabilities 2016: $16,886,053Net Assets 2016: $11,663,1132016Assets 2017: $29,414,063Liabilities 2017: $16,951,632Net Assets 2017: $12,462,4312017Assets 2018: $30,267,706Liabilities 2018: $16,988,567Net Assets 2018: $13,279,1392018Assets 2019: $29,805,998Liabilities 2019: $16,243,343Net Assets 2019: $13,562,6552019Assets 2020: $31,001,362Liabilities 2020: $16,939,212Net Assets 2020: $14,062,1502020Assets 2021: $34,517,339Liabilities 2021: $17,768,542Net Assets 2021: $16,748,7972021Assets 2022: $42,348,242Liabilities 2022: $23,984,435Net Assets 2022: $18,363,8072022Assets 2023: $43,901,089Liabilities 2023: $24,613,022Net Assets 2023: $19,288,0672023Assets 2024: $47,687,500Liabilities 2024: $26,056,276Net Assets 2024: $21,631,2242024Assets 2025: $51,071,041Liabilities 2025: $27,306,665Net Assets 2025: $23,764,3762025

Highlighted filing

2015

Assets$28,546,874
Liabilities$16,664,830
Net Assets$11,882,044
Open 2015 Filing

Operations Trend

Revenue Growth52nd percentile

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

$30M$20M$10M$0Expenses 2011: $8,894,4562011Expenses 2012: $9,219,0772012Expenses 2013: $9,714,2612013Revenue 2014: $10,094,158Expenses 2014: $9,812,865Net Income 2014: $281,2932014Revenue 2015: $10,711,691Expenses 2015: $10,386,259Net Income 2015: $325,4322015Revenue 2016: $11,014,114Expenses 2016: $10,968,150Net Income 2016: $45,9642016Revenue 2017: $11,800,562Expenses 2017: $11,362,403Net Income 2017: $438,1592017Revenue 2018: $12,450,405Expenses 2018: $11,867,655Net Income 2018: $582,7502018Revenue 2019: $12,493,310Expenses 2019: $12,056,972Net Income 2019: $436,3382019Revenue 2020: $13,247,637Expenses 2020: $12,572,619Net Income 2020: $675,0182020Revenue 2021: $14,665,156Expenses 2021: $13,691,631Net Income 2021: $973,5252021Revenue 2022: $15,824,056Expenses 2022: $14,177,328Net Income 2022: $1,646,7282022Revenue 2023: $16,683,570Expenses 2023: $15,979,703Net Income 2023: $703,8672023Revenue 2024: $19,420,344Expenses 2024: $17,535,707Net Income 2024: $1,884,6372024Revenue 2025: $21,237,718Expenses 2025: $19,567,927Net Income 2025: $1,669,7912025

Highlighted filing

2015

Revenue$10,711,691
Expenses$10,386,259
Net Income$325,432
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 8, 2015
Return Version
2014v5.0
Gross Receipts
$10,711,691
Mission and Program Overview

Mission

To operate a private school for grades pk - 12 in wilmington, nc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,942,121$14,457,275▼ $484,846
Savings and Temporary Cash Investments$4,677,885$7,707,869▲ $3,029,984
Accounts Receivable$3,454,131$3,945,953▲ $491,822
Cash and Non-Interest-Bearing Accounts$3,383,651$1,060,996▼ $2,322,655
Investments in Publicly Traded Securities$944,584$956,214▲ $11,630
Prepaid Expenses and Deferred Charges$143,511$192,266▲ $48,755
Pledges and Grants Receivable$150,160$104,753▼ $45,407
Intangible Assets$94,919$97,182▲ $2,263
Total Assets$27,790,962$28,546,874▲ $755,912
Other Assets Total-$24,366-
Liabilities
Deferred Revenue$8,227,621$8,875,494▲ $647,873
Tax Exempt Bond Liabilities$7,517,658$7,169,923▼ $347,735
Accounts Payable and Accrued Expenses$489,880$619,413▲ $129,533
Total Liabilities$16,235,159$16,664,830▲ $429,671
Net Assets / Fund Balance
Unrestricted Net Assets$10,660,393$11,038,354▲ $377,961
Permanently Rstr Net Assets$486,337$490,877▲ $4,540
Temporarily Rstr Net Assets$409,073$352,813▼ $56,260
Total Net Assets Fund Balance$11,555,803$11,882,044▲ $326,241
Total Liabilities and Net Assets / Fund Balance$27,790,962$28,546,874▲ $755,912

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,901,782$8,922,880$21,824,662
Equipment$353,930$1,077,847$1,431,777
Land$1,201,563-$1,201,563

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$944,585$11,358▲ $522-$956,215
2013$781,174$59,750▲ $107,189-$944,585
2012$683,938$27,451▲ $70,185-$781,174
2011$701,995$4,150▼ $21,807-$683,938
2010$602,451$1,550▲ $98,494-$701,995
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald BergerHead of SchoFT$174,994$34,321$209,315
Donald BergerHead of School-$174,994$34,321$209,315

Board Members and Trustees

NameTitle
Charles a PaulChair
Marvin RobisonPast Chair
Dena ColliePa President
Sandra WilliamsVice Chair
Alice BakerDirector
Allan MiddletonDirector
Christopher LeonardDirector
Dave SweyerDirector
David SpruntDirector
Ellis TinsleyDirector
Ira JaffeDirector
Janet TuckerDirector
Jennifer BarnesDirector
Louise MannDirector
Peter DuganDirector
Sarah Van RensDirector
Todd AtwoodDirector
Mary HighSecretary
Howard Penton IiiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$485,893
Program Service Revenue
$10,189,465
Investment Income
$36,333
Other Revenue
$0
All Other Contributions
$485,893
Change in Net Assets
$325,432

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,711,691
Revenue Not Reported on Form 990
$809
Total Revenue per Audited Statements
$10,712,500
Total Revenue per Form 990
$10,711,691
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,941,863
Other Expenses$3,297,424
Grants and Similar Amounts Paid$1,146,972
Total Fundraising Expense$322,199
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,127,829$681,669$166,188$4,975,686
Grants to Domestic Individuals$1,146,972--$1,146,972
Depreciation Depletion$854,029$85,403$9,489$948,921
Other Employee Benefits$481,931$79,586$19,403$580,920
Payroll Taxes$319,156$53,072$13,029$385,257
Interest$212,702$11,195-$223,897
Insurance$71,457$50,813$36,522$158,792
Other Expenses$118,007$24,767$2,914$145,688
All Other Expenses$45,176--$45,176
Total Functional Expenses$8,845,181$1,218,879$322,199$10,386,259

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,386,259
Total Expenses per Audited Statements$10,386,259
Total Expenses per Form 990$10,386,259
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ANorth Carolina Capital Facilities F2010-07-22$8,335,000FACILITY EXPANSION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
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, Page 6, Part VI, Line 11B

“School is audited by independent cpa firm. After audit,cpa firm uses audited information to complete draft of 990. Once drafted the 990 is circulated to head of school, director of finance and operations, finance committee, and executive committee. Once approved the 990 is efiled.”

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

“Board members and key employees are required to disclose conflicts annually. When conflicts arise, the individual with the conflict is asked to leave the room, and required not to vote on any related item.”

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

“The board has a committee called the head of school compensation and evaluation committee. This committee researches comparable data from other private schools, market conditions, and employee performance. Then this committee recommends pay rate and benefits for the head of school. The board has authority to approve. Once approved the head of school's compensation is contained in a written agreement.”

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

“The total salary budget is approved by the board of trustees in the budgeting process. Individual employee salaries are negotiated by the head of school using southeastern independent school benchmark data.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Cape Fear Academy
EIN
56-6075566
Phone
9107910287
Address
3900 SCOLLEGE RD, WILMINGTON, NC 28412

Signing Officer

Name
Howard Penton Iii
Title
Treasurer
Phone
9107910287
Signed
2015-10-08

Organization Details

Principal Officer
Charles a Paul
Formed
1966
Legal Domicile
Nc
Voting Board Members
19
Independent Board Members
19
Employees
226

Preparer

Firm
Earney & Company Llp
Address
710 MILITARY CUTOFF RD STE 250, WILMINGTON, NC 28405-8364
Preparer
Charles L Earney CPA
Phone
9102569995
Raw XML AppendixShowing 400 of 569 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0489880
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0619413
IRS990/AccountsReceivableGrp/BOYAmt03454131
IRS990/AccountsReceivableGrp/EOYAmt03945953
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE A PRIVATE SCHOOL FOR GRADES PK - 12 IN WILMINGTON, NC.
IRS990/AllOtherContributionsAmt0485893
IRS990/AllOtherExpensesGrp/ProgramServicesAmt045176
IRS990/AllOtherExpensesGrp/TotalAmt045176
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0SHANA BARCLAY
IRS990/BooksInCareOfDetail/PhoneNum09107910287
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03900 S COLLEGE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0WILMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028412
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03383651
IRS990/CashNonInterestBearingGrp/EOYAmt01060996
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0485893
IRS990/CYGrantsAndSimilarPaidAmt01146972
IRS990/CYInvestmentIncomeAmt036333
IRS990/CYOtherExpensesAmt03297424
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt010189465
IRS990/CYRevenuesLessExpensesAmt0325432
IRS990/CYSalariesCompEmpBnftPaidAmt05941863
IRS990/CYTotalExpensesAmt010386259
IRS990/CYTotalFundraisingExpenseAmt0322199
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010711691
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt08227621
IRS990/DeferredRevenueGrp/EOYAmt08875494
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt09489
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt085403
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0854029
IRS990/DepreciationDepletionGrp/TotalAmt0948921
IRS990/Desc0IN FISCAL 2014/2015 OPERATED A PRIVATE SCHOOL FOR PRE-KINDERGARTEN THROUGH GRADE 12 LOCATED IN WILMINGTON, NC FOR 594 STUDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0226
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt08845181
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt94.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt104.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt114.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt124.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt134.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt144.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt154.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt164.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt174.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt184.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1960.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1934321
IRS990/Form990PartVIISectionAGrp/PersonNm0TODD ATWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNIFER BARNES
IRS990/Form990PartVIISectionAGrp/PersonNm2JANET TUCKER
IRS990/Form990PartVIISectionAGrp/PersonNm3SANDRA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4MARY HIGH
IRS990/Form990PartVIISectionAGrp/PersonNm5IRA JAFFE
IRS990/Form990PartVIISectionAGrp/PersonNm6MARVIN ROBISON
IRS990/Form990PartVIISectionAGrp/PersonNm7ALLAN MIDDLETON
IRS990/Form990PartVIISectionAGrp/PersonNm8CHARLES A PAUL
IRS990/Form990PartVIISectionAGrp/PersonNm9CHRISTOPHER LEONARD
IRS990/Form990PartVIISectionAGrp/PersonNm10HOWARD PENTON III
IRS990/Form990PartVIISectionAGrp/PersonNm11SARAH VAN RENS
IRS990/Form990PartVIISectionAGrp/PersonNm12ALICE BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER DUGAN
IRS990/Form990PartVIISectionAGrp/PersonNm14LOUISE MANN
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVID SPRUNT
IRS990/Form990PartVIISectionAGrp/PersonNm16DAVE SWEYER
IRS990/Form990PartVIISectionAGrp/PersonNm17ELLIS TINSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm18DENA COLLIE
IRS990/Form990PartVIISectionAGrp/PersonNm19DONALD BERGER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19174994
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18PA PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19HEAD OF SCHO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01966
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantAmt01146972
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01146972
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01146972
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt010711691
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt036522
IRS990/InsuranceGrp/ManagementAndGeneralAmt050813
IRS990/InsuranceGrp/ProgramServicesAmt071457
IRS990/InsuranceGrp/TotalAmt0158792
IRS990/IntangibleAssetsGrp/BOYAmt094919
IRS990/IntangibleAssetsGrp/EOYAmt097182
IRS990/InterestGrp/ManagementAndGeneralAmt011195
IRS990/InterestGrp/ProgramServicesAmt0212702
IRS990/InterestGrp/TotalAmt0223897
IRS990/InvestmentIncomeGrp/ExclusionAmt036333
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt036333
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0944584
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0956214
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt01
IRS990/LandBldgEquipAccumDeprecAmt010000727
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014942121
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014457275
IRS990/LandBldgEquipCostOrOtherBssAmt024458002
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE A PRIVATE SCHOOL FOR GRADES PK - 12 IN WILMINGTON, NC.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt011555803
IRS990/NetAssetsOrFundBalancesEOYAmt011882044
IRS990/NetUnrlzdGainsLossesInvstAmt0809
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt024366
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt019403
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt079586
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0481931
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0580920
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL
IRS990/OtherExpensesGrp/Desc1REPAIR AND MAINT
IRS990/OtherExpensesGrp/Desc2OTHER ADMIN
IRS990/OtherExpensesGrp/Desc3TECHNOLOGY
IRS990/OtherExpensesGrp/FundraisingAmt012480
IRS990/OtherExpensesGrp/FundraisingAmt162174
IRS990/OtherExpensesGrp/FundraisingAmt22914
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt049920
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1182454
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt224767
IRS990/OtherExpensesGrp/ProgramServicesAmt0706175
IRS990/OtherExpensesGrp/ProgramServicesAmt1561598
IRS990/OtherExpensesGrp/ProgramServicesAmt2200149
IRS990/OtherExpensesGrp/ProgramServicesAmt3118007
IRS990/OtherExpensesGrp/TotalAmt0706175
IRS990/OtherExpensesGrp/TotalAmt1623998
IRS990/OtherExpensesGrp/TotalAmt2444777
IRS990/OtherExpensesGrp/TotalAmt3145688
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0166188
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0681669
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04127829
IRS990/OtherSalariesAndWagesGrp/TotalAmt04975686
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt013029
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt053072
IRS990/PayrollTaxesGrp/ProgramServicesAmt0319156
IRS990/PayrollTaxesGrp/TotalAmt0385257
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0486337
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0490877
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0150160
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0104753
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0143511
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0192266
IRS990/PrincipalOfficerNm0CHARLES A PAUL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1OTHER EDUCATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08314628
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11874837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08314628
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11874837
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0614995
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01095939
IRS990/PYInvestmentIncomeAmt011947
IRS990/PYOtherExpensesAmt03106406
IRS990/PYProgramServiceRevenueAmt09467216
IRS990/PYRevenuesLessExpensesAmt0281293
IRS990/PYSalariesCompEmpBnftPaidAmt05610520
IRS990/PYTotalExpensesAmt09812865
IRS990/PYTotalRevenueAmt010094158
IRS990/ReconcilationRevenueExpnssAmt0325432
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04677885
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07707869
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.25180
IRS990ScheduleD/BuildingsGrp/BookValueAmt012901782
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08922880
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt021824662
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0250
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0944585
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt011358
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0956215
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0522
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt03528
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0781174
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt059750
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0944585
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0107189
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0683938
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt027451
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0781174
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt070185
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0400
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0701995
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt04150
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0683938
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-21807
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0602451
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01550
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0701995
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt098494
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0353930
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01077847
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01431777
IRS990ScheduleD/ExpensesSubtotalAmt010386259
IRS990ScheduleD/LandGrp/BookValueAmt01201563
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01201563
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0809
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.51340
IRS990ScheduleD/RevenueNotReportedAmt0809
IRS990ScheduleD/RevenueSubtotalAmt010711691
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.23480
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014457275
IRS990ScheduleD/TotalExpensesPerForm990Amt010386259
IRS990ScheduleD/TotalRevenuePerForm990Amt010711691
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010712500
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010386259

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,546,874
Liabilities
$16,664,830
Net assets
$11,882,044
Revenue
$10,711,691
Expenses
$10,386,259
Net income
$325,432
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.1$27.3$23.8$21.2$19.6$1.67
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.7$26.1$21.6$19.4$17.5$1.88
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.9$24.6$19.3$16.7$16.0$0.70
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.3$24.0$18.4$15.8$14.2$1.65
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.5$17.8$16.7$14.7$13.7$0.97
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$16.9$14.1$13.2$12.6$0.68
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.8$16.2$13.6$12.5$12.1$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.3$17.0$13.3$12.5$11.9$0.58
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.4$17.0$12.5$11.8$11.4$0.44
2016Detailed filing. Detailed filing data is available for this year.$28.5$16.9$11.7$11.0$11.0$0.05
2015Detailed filing. Detailed filing data is available for this year.$28.5$16.7$11.9$10.7$10.4$0.33
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.8$16.2$11.6$10.1$9.81$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.6$16.4$11.1$9.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.2$17.1$10.1$9.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.3$16.2$10.1$8.89