Woodward Academy Inc

Organization Overview

Woodward Academy Inc is located in College Park, GA. The organization was established in 1933. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 05/2022, Woodward Academy Inc employed 939 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodward Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 05/2020, Woodward Academy Inc generated $85.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $85.2m during the year ending 05/2020. While expenses have increased by 2.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

WOODWARD ACADEMY PROVIDES COLLEGE PREPARATORY EDUCATION FOR STUDENTS IN PRE-K THROUGH GRADE 12.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED COLLEGE PREPARATORY EDUCATION FOR APPROXIMATELY 2,500 STUDENTS IN PRE-K THROUGH GRADE 12 AT ONE OF THE LARGEST INDEPENDENT SCHOOLS IN THE CONTINENTAL UNITED STATES. WOODWARD CREATES OPPORTUNITIES FOR EACH CHILD TO THRIVE AND IS THE MOST DIVERSE INDEPENDENT SCHOOL IN ATLANTA. STUDENTS LEARN ORGANICALLY FROM EXPOSURE TO PERSPECTIVES DIFFERENT FROM THEIR OWN AND THEY ARE IMMERSED IN INTENTIONAL PROGRAMS TO TEACH TOLERANCE, RESPECT, AND COMPASSION.


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Board, Officers & Key Employees

Name (title)Compensation
Dr F Stuart Gulley
President
$498,933
Ms Marcia Spiller
Vice President
$360,324
Dr Christopher Freer
Vice President
$257,589
Ms Nija Meyer
Vice President
$227,202
Ms Louise D Mann
Vice President/treasurer
$212,790
Mr Lee Conner
Vice President
$211,393

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Designed Installations
Construction
$1,043,241
Cibc Private Wealth Management
Investment Mgmt
$259,669
Martin Electrical Services Inc
Electrical Services
$112,037
Tropic Designs Inc
Turf Management
$245,841
Pride Roofing Inc
Roofing
$134,010
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$3,832,312
Investment income $2,907,982
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $99,385
Net Gain/Loss on Asset Sales $4,361,309
Net Income from Fundraising Events $58,181
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $85,209,091

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Woodward Academy Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Around The Table Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$2,500
Around The Table Foundation

Wilmington, DE

PURPOSE: SCHOLARSHIPS SUPPORTED BY THE LOWELL BOWL

$1,500
Deville Foundation Inc

Marietta, GA

PURPOSE: UNRESTRICTED

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$27,348,217
Earnings-$1,475,619
Net Contributions$677,915
Other Expense$79,802
Grants$1,051,205
Ending Balance$25,419,506

Peer Organizations

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