2024-10-23T11:14:54-04:00 2023-12-31 520619968 FAW CASSON & CO LLP 160 GREENTREE DRIVE SUITE 203 DOVER DE 19904 990 2023-01-01 453820950 SUSSEX ACADEMY FOUNDATION INC SUSS 3022367305 PO BOX 213 LEWES DE 19958 JOSEPH M SCHELL CHAIRMAN 3022367305 2024-10-23 true true ALISON HOUCK P01226502 3026744305 2024-10-23 2023 2024-10-15 13:58:12Z JOSEPH M SCHELL 1604 BAY AVE LEWES DE 19958 1058747 false X WWW.SUSSEXACADEMYFOUNDATION.COM X 2011 DE THE SUSSEX ACADEMY FOUNDATION IS DEDICATED TO THE ADVANCEMENT OF SUSSEX ACADEMY. THE FOUNDATION IS FOCUSED ON RAISING THE FUNDS TO MAKE MAJOR CAPITAL IMPROVEMENTS TO THE FACILITY, AS HAS EXPANDED TO SERVE BOTH MIDDLE AND HIGH SCHOOL STUDENTS, GRADES 6-12. 11 11 0 0 2331475 404589 0 201 326 657232 653832 2988908 1058747 25570 2619 0 0 4608 2322 2322 1330567 2183705 1360745 2188646 1628163 -1129899 27790589 26421386 12649389 12410085 15141200 14011301 X THE SUSSEX ACADEMY FOUNDATION IS DEDICATED TO THE ADVANCEMENT OF SUSSEX ACADEMY. THE FOUNDATION IS FOCUSED ON RAISING THE FUNDS TO MAKE MAJOR CAPITAL IMPROVEMENTS TO THE FACILITY, AS HAS EXPANDED TO SERVE BOTH MIDDLE AND HIGH SCHOOL STUDENTS, GRADES 6-12. false false 2167356 2619 THE SUSSEX ACADEMY FOUNDATION RAISED FUNDS TO MAKE MAJOR CAPITAL IMPROVEMENTS TO THE FACILITY, TO SERVE SCHOOL STUDENTS GRADES K-12. FUNDS WERE ALSO USED FOR OTHER RELATED EXPENSES TO SUPPORT THE STUDENTS OF THE SCHOOL. SCHOLARSHIPS WERE ALSO PROVIDED TO SEVERAL SUSSEX ACADEMY STUDENTS. 2167356 true true false false false false false false false false true false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 5 0 0 false false false false false false false false false false false false false false X 11 11 true false false false false false false true true false false true false false false false false false X JILL BURTON 3022261994 18949 COASTAL HWY SUITE 301 REHOBOTH DE 19971 X CHASE BROCKSTEDT MEMBER 2.00 X 0 0 0 JILL BURTON TREASURER 2.00 X X 0 0 0 JAY DIAZ MEMBER 2.00 X 0 0 0 STEVE MONTGOMERY MEMBER 2.00 X 0 0 0 MICHELE MUNDOK MEMBER 2.00 X 0 0 0 ASHLEE PARKER MEMBER 2.00 X 0 0 0 MICHAEL J RAWL MEMBER 2.00 X 0 0 0 JOSEPH M SCHELL CHAIRMAN 2.00 X X 0 0 0 JENNIFER SCOTT MEMBER 2.00 X 0 0 0 WILLIAM SCOTT MEMBER 2.00 X 0 0 0 STACY SHORT SECRETARY 2.00 X X 0 0 0 false false false 404589 404589 326 326 RENT INCOME 653832 653832 653832 1058747 653832 326 219 219 2400 2400 15800 15800 2322 2322 617 617 145 145 369527 369527 1795210 1795210 OTHER EXPENSES 2406 2406 2188646 2167356 18968 2322 1299241 1505206 37133508 12217328 26491348 24916180 27790589 26421386 12649389 12410085 12649389 12410085 X 15141200 14011301 15141200 14011301 27790589 26421386 -1129899 X false true X true false X 463928 185185 165716 2331475 404589 3550893 463928 185185 165716 2331475 404589 3550893 3550893 551 447 24 201 326 1549 3552442 3214347 0.99960 0.99980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2176570 2176570 34433981 11694371 22739610 522957 522957 24916180 691858 691858 366889 366889 1058747 1378043 1378043 810603 810603 2188646 SCHEDULE D, PAGE 4, PART XI, LINE 4B ACCRUAL TO CASH ADJUSTMENT 366,889 SCHEDULE D, PAGE 4, PART XII, LINE 4B ACCRUAL TO CASH ADJUSTMENT 353 BOOK / TAX DEPRECIATION DIFFERENCE 810,250 FORM 990 - ORGANIZATION'S MISSION THE SUSSEX ACADEMY FOUNDATION IS DEDICATED TO THE ADVANCEMENT OF SUSSEX ACADEMY. THE FOUNDATION IS FOCUSED ON RAISING THE FUNDS TO MAKE MAJOR CAPITAL IMPROVEMENTS TO THE FACILITY, AS HAS EXPANDED TO SERVE BOTH MIDDLE AND HIGH SCHOOL STUDENTS, GRADES 6-12. FORM 990, PAGE 6, PART VI, LINE 2 WILLIAM SCOTT JENNIFER SCOTT MEMBER MEMBER HUSBAND/ WIFE FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S CHAIR OF THE BOARD RECEIVES A COPY OF THE FORM 990 PRIOR TO FILING, SHARES WITH THE BOARD AND REVIEWS FOR ACCURACY. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS MADE AVAILABLE UPON REQUEST.