NonprofitsFayette Academy

Education

Fayette Academy

SOMERVILLE, TN

Total revenue

$7.0M

Total expenses

$6.5M

Net assets

$2.4M

Grants received

$1.1M

8 grants

EIN

620726245

Tax year

2023

Mission

Fayette academy is a college preparatory school based on christian beliefs and is dedicated to providing a quality education for students in pre-k to grade twelve. The school is committed to the development of each student with emphasis placed on academic, personal, moral, social, and physical development in a safe environment.

Financials

FY 2023

Revenue

Contributions & grants$776K
Program service revenue$6.2M
Investment income$54K
Other revenue
Total revenue$7.0M

Expenses

Grants paid
Salaries & benefits$4.1M
Fundraising$11K
Other expenses$2.4M
Total expenses$6.5M
Total assets$9.9M
Net assets$2.4M

People

16 listed

NameRoleCompensation

ROB BELL

VICE CHAIRMAN

Board

4 hrs/wk

MONIA GARABITO

SECRETARY

Board

4 hrs/wk

ALEX ARMOUR

DIRECTOR

Board

4 hrs/wk

JACOB SMITH

DIRECTOR

Board

4 hrs/wk

BRIAN K CULVER

DIRECTOR

Board

4 hrs/wk

CRYSTAL ISOM

DIRECTOR

Board

4 hrs/wk

DAVID DOUGLAS

DIRECTOR

Board

4 hrs/wk

BLAKE NEILL

CHAIRMAN

Board

4 hrs/wk

MARJORY WALKER

DIRECTOR

Board

4 hrs/wk

MIKE ATKEISON

DIRECTOR

Board

4 hrs/wk

ELLIS WHITE

DIRECTOR

Board

4 hrs/wk

TOM MINOR

DIRECTOR

Board

4 hrs/wk

ELLEN DEFOOR

DIRECTOR

Board

4 hrs/wk

JAMIE DAWSON

DIRECTOR

Board

4 hrs/wk

RONALD JENKINS

TREASURER

Board

4 hrs/wk

ROBERT AKINS

HEAD OF SCHOOL

Staff

$128K

40 hrs/wk

Independent contractors

FAYETTE JANITORIAL SERVICE

CLEANING AND MAINTENANCE

$175K

MORRIS CONSTRUCTION 4 LLC

CONSTRUCTION

$102K

Grants received

Showing 8 of 8

FromAmountPurposeYear
$1K
MATCHING GIFTS
2024
$18K
For grant recipient's exempt purposes
2022
$80K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$30K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2019

Funded by

$1.1M from 4 funders · 8 grants · 2019–2024

Raymond James Charitable Endowment Fund

$1.1M · 4 grants · 2019–2023

Whitetails Unlimited Inc

$14K · 2 grants · 2023–2024

The Pfizer Foundation Inc

$1K · 1 grant · 2024

Details

EIN620726245
NTEE codeB20
Subsection03
Ruling date2000-01
Formed1965
Employees118
Volunteers22
FAYETTE ACADEMY — Mission, Financials & Grants Received | Grantivo