2024-02-29T10:18:02-05:00 2023-06-30 934924205 NORMAN BASS & PARNELL CPAS PLLC PO BOX 87047 FAYETTEVILLE NC 28304 990 2022-07-01 560944004 FAYETTEVILLE ACADEMY FAYE 9108685131 3200 CLIFFDALE ROAD FAYETTEVILLE NC 28303 JOSH BARKMAN CHAIRMAN 9108685131 2024-01-25 true JOSH BARKMAN 999009999 false LARRY L BASS P00126974 9104840145 2024-02-09 2022 2023-04-26 12:10:37Z JOSH BARKMAN 134 ELLERSLIE DRIVE FAYETTEVILLE NC 28303 6652904 false X WWW.FAYACADEMY.ORG X 1969 NC 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. 21 21 160 0 995982 773673 5454736 5785350 59967 54318 14870 39563 6525555 6652904 0 0 4537851 4607074 0 92141 1493443 1632465 6031294 6239539 494261 413365 6108827 6649516 1674364 1756828 4434463 4892688 X 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. false false 4949163 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. STUDENTS RESIDE IN FAYETTEVILLE, NC, CUMBERLAND COUNTY, AND SURROUNDING COUNTIES. 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. 4949163 true false false false false true false false false true true false false false true false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 32 0 true 160 true false false false false false true true false false false false false false false X 21 21 false false false false false false false true true false false false true true true true true true true false X FAYETTEVILLE ACADEMY 9108685131 3200 CLIFFDALE ROAD FAYETTEVILLE NC 28303 X RAY QUESNEL HEAD OF SCHO X 187905 0 0 WELLS ALDERMAN TRUSTEE X 0 0 0 JANENE AUL TRUSTEE X 0 0 0 JOSH BARKMAN CHAIRMAN X X 0 0 0 ED CROOT TRUSTEE X 0 0 0 MURRAY DUGGINS TRUSTEE X 0 0 0 IJEOMA EJEH TRUSTEE X 0 0 0 KAREN EWART TRUSTEE X 0 0 0 MICHELLE FITZGERALD TRUSTEE X 0 0 0 ANITA FLOWERS TRUSTEE X 0 0 0 TIM INGRAM SECRETARY X X 0 0 0 BILL JORDAN TRUSTEE X 0 0 0 MARIE LOWE TRUSTEE X 0 0 0 AMY NAVEJAS TRUSTEE X 0 0 0 ANDREW PENINK VICE CHAIRMA X X 0 0 0 ED PETKOVICH TRUSTEE X 0 0 0 SONYA PONDER TRUSTEE X 0 0 0 DICKSON SCHAEFER TRUSTEE X 0 0 0 ROBERT VANGEONS TREASURER X X 0 0 0 BILLY WEST TRUSTEE X 0 0 0 ANN YOUNG TRUSTEE X 0 0 0 187905 1 false true false 773673 773673 TUITION AND FEES 5163172 5163172 PROGRAM SERVICES AND EVENTS 622178 622178 5785350 54318 54318 OTHER REVENUE 39563 39563 39563 6652904 5879231 3798600 2962908 759720 75972 192043 149793 38409 3841 345374 269392 69075 6907 271057 211425 54211 5421 40299 40299 9046 9046 180394 144315 36079 31798 31798 322967 322967 121982 121982 REPAIRS & MAINTENANCE 166968 166968 UTILITIES/TELEPHONE 130656 104525 26131 CLEANING/JANITORIAL 108595 108595 ATHLETICS 79600 79600 440160 266394 173766 6239539 4949163 1198235 92141 1380890 2142659 77591 63948 72869 56406 9905665 6348830 3774430 3556835 769658 796509 33389 33159 6108827 6649516 388785 488691 166366 168143 1119213 1099994 1674364 1756828 X 3511021 3853325 923442 1039363 4434463 4892688 6108827 6649516 X 413365 35673 9187 X false true X true false X false false 621682 12000 157256 15420 6838 768680 621550 10000 21038 24928 5978 621682 606166 8000 28622 14960 6278 621550 false false 147148 147148 147148 NOTES PAYABLE 927388 DEPOSITS HELD FOR AGENCIES 172606 1099994 6652904 6652904 6652904 6239539 6239539 6239539 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 NEWSPAPER ADVERTISEMENTS AND THE ACADEMY'S WEB SITE. false false false false false false false false false RAY QUESNEL HEAD OF SCHOOL 187905 187905 FORM 990 - ORGANIZATION'S 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. FORM 990, PAGE 1, PART I, LINE 6 SUPPORT OF ACTIVITIES FOR STUDENTS, TEACHERS AND STAFF OF THE ACADEMY. FORM 990, PAGE 2, PART III, LINE 4D 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. FORM 990, PAGE 6, PART VI, LINE 11B AFTER REVIEW AND APPROVAL OF THE 990 BY THE ACADEMY'S FINANCE COMMITTEE, THE FULL BOARD REVIEWS THE 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL DISCLOSURE OF CONFLICTS OF INTERESTS. FORM 990, PAGE 6, PART VI, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION IS REVIEWED ANNUALLY BY THE FINANCE COMMITTEE; RECOMMENDATIONS ARE MADE BY THIS COMMITTEE TO THE BOARD WHO APPROVES THE COMPLETE COMPENSATION PACKAGE. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION OF KEY EMPLOYEES IS REVIEWED ANNUALLY BY THE FINANCE COMMITTEE; RECOMMENDATIONS ARE MADE BY THIS COMMITTEE TO THE BOARD WHO APPROVES THE COMPENSATION PACKAGE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS WILL BE PROVIDED UPON REQUEST. FORM 990, PART XI, LINE 9 GAIN ON SALE (INSURANCE PROCEEDS) 9,187