NonprofitsFayetteville Academy

Education

Fayetteville Academy

FAYETTEVILLE, NC

Total revenue

$7.1M

Total expenses

$6.8M

Net assets

$5.3M

Grants received

$426K

22 grants

EIN

560944004

Tax year

2023

Mission

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.

Programs

1 program

Fayetteville academy, an independent, college preparatory school, encourages students to achieve their full potential by offering opportunities in academics, fine arts, and athletics. 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's small class sizes, safe and caring atmosphere and numerous extracurricular activities ensure that each child at the academy receives a unique educational experience. The school offers state-of-the-art steam smartlabs, band, chorus, theatre, on-site sat and act testing, a college counseling program, 13ap and 15 honor courses, over 25 clubs and organizations, before and after school care and enrichment programs, a chromebook and ipad program, a full-time nurse on site, and the summer odyssey camp program. The average sat and act scores of academy students exceed national averages. Students can participate in competitions such as battle of the books, lego robotics team, mock trial, science olympiad, and scripps spelling bee. In addition, the academy offers 24 athletic teams including basketball, soccer, tennis, volleyball, golf , cross country, track, baseball, lacrosse, swimming, and cheerleading. Athletic teams have won a total of 23 state championships. Approximately 1/3 of students at fa receive financial aid, and 1/3 are from military families. The academy boasts a diverse student population with over 1/3 of students being from minority backgrounds. 72% of the faculty and administration hold advanced degrees.

Financials

FY 2023

Revenue

Contributions & grants$703K
Program service revenue$6.2M
Investment income$167K
Other revenue$51K
Total revenue$7.1M

Expenses

Grants paid
Salaries & benefits$5.0M
Fundraising$103K
Other expenses$1.9M
Total expenses$6.8M
Total assets$7.0M
Net assets$5.3M

People

21 listed

NameRoleCompensation

WELLS ALDERMAN

TRUSTEE

Board

JANENE AUL

TRUSTEE

Board

JOSH BARKMAN

TRUSTEE

Board

FAITH CHIMA

TRUSTEE

Board

ED CROOT

TRUSTEE

Board

MURRAY DUGGINS

TRUSTEE

Board

IJEOMA EJEH

TRUSTEE

Board

KAREN EWART

TREASURER

Board

ANITA FLOWERS

TRUSTEE

Board

MARY JO FULCHER

TRUSTEE

Board

BILL JORDAN

TRUSTEE

Board

MARIE LOWE

TRUSTEE

Board

LAURENCE MESTER

TRUSTEE

Board

AMY NAVEJAS

TRUSTEE

Board

ANN OGLESBEE

TRUSTEE

Board

ANDREW PENINK

TRUSTEE

Board

ED PETKOVICH

CHAIRMAN

Board

CRISTINA QUANTOCK

TRUSTEE

Board

LINDSAY RYAN

TRUSTEE

Board

DICKSON SCHAEFER

TRUSTEE

Board

BILLY WEST

TRUSTEE

Board

Grants received

Showing 22 of 22

FromAmountPurposeYear
$131K
SCHOLARSHIP
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$6K
GENERAL SUPPORT
2024
$55K
SCHOLARSHIPS
2023
$1K
TO SUPPORT CHARITABLE MISSION
2023
$65K
SCHOLARSHIPS
2022
$10K
For grant recipient's exempt purposes
2022
$6K
GENERAL SUPPORT
2022
$1K
TO SUPPORT CHARITABLE MISSION
2022
$8K
GENERAL SUPPORT
2021
$2K
1/2 COST OF BUILDING SUPPLIESCOUNSELING/CLIENT AID
2021
$1K
TO SUPPORT CHARITABLE MISSION
2021
$24K
SCHOLARSHIPS
2020
$3K
TO SUPPORT CHARITABLE MISSION
2020
$1K
SUPPORT OPERATIONS OF ORGANIZATION AND FUND EDUCATIONAL ACTIVITIES
2020
$5K
SUPPORT OPERATIONS OF ORGANIZATION AND FUND EDUCATIONAL ACTIVITIES
2018

Funded by

$426K from 11 funders · 22 grants · 2018–2024

Tulsa Community Foundation

$144K · 3 grants · 2020–2023

Folds Of Honor Foundation

$131K · 1 grant · 2024

Cumberland Community Foundation Inc

$92K · 4 grants · 2020–2024

Youth Growth Stock Trust

$19K · 3 grants · 2021–2024

Riddle Family Foundation

$6K · 2 grants · 2018–2020

Garison Family Private Foundation

$6K · 2 grants · 2020–2022

Details

EIN560944004
NTEE codeB200
Subsection03
Ruling date1970-10
Formed1969
Employees164
FAYETTEVILLE ACADEMY — Mission, Financials & Grants Received | Grantivo