2025-04-22T09:50:33-05:00 2024-06-30 560570567 DMJPS PLLC 703 GREEN VALLEY ROAD SUITE 201 GREENSBORO NC 27408 990 2023-07-01 561898871 CALDWELL ACADEMY CALD 3366651161 2900 HORSE PEN CREEK ROAD GREENSBORO NC 27410 BRAD NEWKIRK TREASURER 3366651161 2025-04-15 1 0 WILMOT C JONES CPA P01215757 3362759886 2025-04-15 2023 2025-03-06 01:10:19Z BRAD NEWKIRK 2900 HORSE PEN CREEK RD GREENSBORO NC 27410 14234609 0 X WWW.CALDWELLACADEMY.COM X 1994 NC CALDWELL ACADEMY'S MISSION IS TO ASSIST PARENTS FROM A BIBLICAL PERSPECTIVE IN THE INSTRUCTION OF THEIR CHILDREN BY PROVIDING A CLASSICAL AND CHRISTIAN EDUCATION. 13 13 187 100 0 0 1215011 5777412 7561098 8263206 5541 177636 -5857 9151 8775793 14227405 1075071 1119142 0 0 5253992 5736748 0 0 251524 2681375 3015231 9010438 9871121 -234645 4356284 21094372 25258724 10662686 10394705 10431686 14864019 CALDWELL ACADEMY'S MISSION IS TO ASSIST PARENTS FROM A BIBLICAL PERSPECTIVE IN THE INSTRUCTION OF THEIR CHILDREN BY PROVIDING A CLASSICAL AND CHRISTIAN EDUCATION. 0 0 8759668 1119142 8263206 OPERATED A KINDERGARTEN THROUGH GRADE 12 CLASSICAL CHRISTIAN SCHOOL TO ASSIST PARENTS IN PROVIDING CHILDREN WITH THE TOOLS TO LEARN FOR THEMSELVES IN THE CONTEXT OF A BIBLICAL WORLDVIEW. THE KINDERGARTEN THROUGH 12TH GRADE OPERATIONS INCLUDE RELATED SCHOOL ACTIVITIES SUCH AS CLUBS, ARTS AND SPORTS. THE SCHOOL ENROLLED 529 STUDENTS IN SCHOOL YEAR 2023-2024. TOTAL GRANTS CONSIST OF FINANCIAL AID AND FACULTY DISCOUNTS ASSISTANCE TO INDIVIDUALS. 158 INDIVIDUAL STUDENTS RECEIVED FINANCIAL AID AND FACULTY DISCOUNTS. 8759668 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 187 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X DENA TOTH 3366651161 2900 HORSE PEN CREEK RD GREENSBORO NC 27410 LAPEIRRE MIKE CHAIR 5.00 X X 0 0 0 KORNEGAY JOHN VICE CHAIR 5.00 X X 0 0 0 NEWKIRK BRAD TREASURER 5.00 X X 0 0 0 BROWN HEIDI BOARD MEMBER 1.00 X 0 0 0 BATES DWIGHT BOARD MEMBER 1.00 X 0 0 0 FLYNN CRYSTAL BOARD MEMBER 1.00 X 0 0 0 JONES CAROLINE BOARD MEMBER 1.00 X 0 0 0 RAMOS LESLIE BOARD MEMBER 1.00 X 0 0 0 KETTERMAN MATT BOARD MEMBER 1.00 X 0 0 0 ANDERSON SETH BOARD MEMBER 1.00 X 0 0 0 WRIGHT LORI BOARD MEMBER 1.00 X 0 0 0 KIRKPATRICK JIM BOARD MEMBER 1.00 X 0 0 0 WILSON KEVIN BOARD MEMBER 1.00 X 0 0 0 TOTH DENA BUSINESS MANAGER 40.00 X 48340 0 13827 HOLLAND TIM HEAD OF SCHOOL 40.00 X 201445 0 16097 249785 0 29924 1 0 1 0 0 5777412 5777412 STUDENT TUITION NET DISCOUNT/FIN 611600 6909930 6909930 ADD DISCOUNT FIN ADD DEDUCTED PAR 611600 1127369 1127369 OTHER OPERATING REVENUE 611600 225907 225907 8263206 177636 177636 16355 7204 9151 9151 9151 14227405 8263206 0 186787 1119142 1119142 291157 106084 140680 44393 4528657 4072630 352295 103732 66819 63993 2465 361 508809 451326 44105 13378 341306 296936 34131 10239 21523 21523 20390 17739 2039 612 4920 4280 492 148 134341 116877 13434 4030 265472 230961 26547 7964 4949 4306 495 148 334747 291230 33475 10042 767042 667327 76704 23011 87396 76034 8740 2622 REPAIRS AND MAINTENANCE 216841 188652 21684 6505 BUILDING GROUNDS MISC 206926 180025 20693 6208 HOT LUNCH EXP 199737 173771 19974 5992 CLEANING AND JANITORIAL 187684 163286 18767 5631 563263 535069 21686 6508 9871121 8759668 859929 251524 311740 404 1718451 6066982 14579 372886 279281 261449 40680 46550 28708480 11329806 17880657 17378674 804604 1103676 44380 28103 21094372 25258724 123995 94357 1510532 1358783 8735234 8452856 292925 488709 10662686 10394705 X 9442658 8870389 989028 5993630 10431686 14864019 21094372 25258724 4356284 76049 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 989027 -7 115528 52339 1052209 748659 205000 70323 34955 989027 909087 10000 -134042 36386 748659 776335 168276 35524 909087 477928 300000 45139 23882 776335 1.00000 0 0 2086228 2086228 21679829 7289608 14390221 1753744 1614494 139250 3188679 2425704 762975 17378674 ACCRUED SALARIES AND PAYROLL WITHHOLDINGS 488709 488709 X 13176085 76049 76049 13100036 1127369 1127369 14227405 8743752 0 8743752 1127369 1127369 9871121 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUND IS TO FUND SCHOLARSHIPS FOR STUDENTS ATTENDING CALDWELL ACADEMY WHO ARE PART OF A FAMILY WHERE A PARENT HAS PASSED AWAY. PART X, LINE 2: THE ACADEMY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACADEMY ACCOUNTS FOR UNCERTAIN INCOME TAX POSITIONS BY PRESCRIBING A MINIMUM PROBABILITY THRESHOLD A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT INCOME TAX BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION, BASED SOLELY ON ITS TECHNICAL MERITS, THAT WOULD MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAX AUTHORITY WITH KNOWLEDGE OF THE SAME FACTS. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE RESOLUTION. BASED ON ALL KNOWN FACTS AND CIRCUMSTANCES AND CURRENT TAX LAW, THE ACADEMY BELIEVES THE TOTAL AMOUNT OF UNCERTAIN INCOME TAX POSITION LIABILITIES AND RELATED ACCRUED INTEREST ARE NOT MATERIAL TO ITS FINANCIAL POSITION. GENERALLY, THE ACADEMY'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR UP TO THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE & UNCOLLECTIBLE ACCOUNTS RECORDED IN REVENUE 1,127,369. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE & UNCOLLECTIBLE ACCOUNTS RECORDED TO FUNCTIONAL EXPENSE 1,127,369. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 DURING THE ANNUAL REGISTRATION PERIOD, CALDWELL PUBLISHES ITS STATEMENT OF NON-DISCRIMINATORY POLICY IN THE AREA NEWSPAPER OF GREATEST CIRCULATION. 1 FINANCIAL AID PROVIDED TO STUDENTS TO HELP MEET TUITION NEEDS. 158 1119142 % VALUE OF GROSS YEARLY TUITION 158 RECIPIENTS BENEFITED FROM THE ASSISTANCE. THE SCHOOL PROVIDES SCHOLARSHIP AID FOR STUDENTS WHO QUALIFY FOR THE AID BASED ON OBJECTIVE CRITERIA. CALDWELL STAFF RECEIVE DISCOUNTED TUITION. PART I, LINE 2: THE SCHOOL MAINTAINS A SCHEDULE OF STUDENTS WHO RECEIVE SCHOLARSHIPS/FINANCIAL AID/AND STAFF DISCOUNT TO OFFSET TUITION. X X X 0 0 0 0 0 0 0 0 0 HOLLAND TIM HEAD OF SCHOOL 201445 0 0 0 0 0 0 0 0 16097 201445 16097 0 0 LESLIE LIEBMAN INTERESTED PERSON IS THE MOTHER IN LAW OF DIRECTOR SETH ANDERSON 77787 SALARY PER CONTRACT 0 ELIZABETH HOLLAND INTERESTED PERSON IS THE WIFE OF HEAD OF SCHOOL TIM HOLLAND 1870 SALARY PER CONTRACT 0 X 6 28358 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B COPY OF THE 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX(990) IS PROVIDED TO THE BOARD OF DIRECTORS AT THEIR MONTHLY BOARD MEETING PRIOR TO FILING THE 990 RETURN. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS RECEIVE NO DISCOUNTS OR FREE GOODS OR SERVICES. ALL DIRECTORS MUST AGREE TO CONFLICT OF INTEREST POLICY PRIOR TO SERVING ON THE BOARD. THE BOARD OF DIRECTORS ANNUALLY DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICT BY SIGNING A CONFLICT OF INTEREST DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL COMPENSATION IS DETERMINED BY BOARD OF DIRECTORS. THE BOARD OF DIRECTORS USE COMPARATIVE DATA FOR HEADS OF SCHOOLS IN THE GEOGRAPHIC AREA OF NORTH CAROLINA AND IS CONTEMPORANEOUSLY DOCUMENTED WITH AN EMPLOYEE EVALUATION AND IN BOARD MINUTES(IN GENERAL). BUSINESS MANAGER COMPENSATION IS DETERMINED BY THE HEAD OF SCHOOL, USING COMPARATIVE DATA FOR EMPLOYEES IN SAME POSITION IN SAME GEOGRAPHIC AREA. THE BOARD APPROVES THE COMPENSATION IN BUDGET FOR THE BUSINESS MANAGER. EVALUATION IS CONTEMPORANEOUSLY DOCUMENTED IN EMPLOYEE EVALUATION. FORM 990, PART VI, SECTION C, LINE 19 CALDWELL MAKES ITS 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII LINE 2C. THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FOR OVERSIGHT OF THE AUDIT OR SELECTION OF AN INDEPENDENT ACCOUNTANT FROM THE PRIOR TAX YEAR.