Academy Inc Flint River is located in Woodbury, GA. The organization was established in 1967. 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 06/2023, Academy Inc Flint River employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Inc Flint River 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 06/2023, Academy Inc Flint River generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $2.3m during the year ending 06/2023. While expenses have increased by 4.1% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF PRIVATE NON-PROFIT SCHOOL
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Mcdaniel Trustee | Trustee | 4 | $0 |
Bill Hardaway Trustee | Trustee | 4 | $0 |
Alton White Headmaster | Trustee | 0 | $0 |
Al Pasley Trustee | Trustee | 4 | $0 |
Christy Collins Trustee | Trustee | 4 | $0 |
Ben Spangler Trustee | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $118,541 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $118,541 |
Total Program Service Revenue | $2,319,730 |
Investment income | $4,831 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $3,354 |
Net Gain/Loss on Asset Sales | $2,500 |
Net Income from Fundraising Events | $167,608 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,616,564 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $92,600 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,319,734 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $108,824 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,500 |
Fees for services: Accounting | $10,880 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,716 |
Office expenses | $13,448 |
Information technology | $35,283 |
Royalties | $0 |
Occupancy | $242,595 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,198 |
Interest | $16,354 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $79,681 |
Insurance | $56,441 |
All other expenses | $15,232 |
Total functional expenses | $2,339,796 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,976,878 |
Savings and temporary cash investments | $52,045 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $17,782 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $934,356 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,265 |
Total assets | $2,982,326 |
Accounts payable and accrued expenses | $221,937 |
Grants payable | $0 |
Deferred revenue | $560,437 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $321,050 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,103,424 |
Net assets without donor restrictions | $1,697,276 |
Net assets with donor restrictions | $181,626 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,982,326 |