2025-02-19T15:38:27-06:00 2024-06-30 113066459 CERINI & ASSOCIATES LLP 3340 VETERANS MEMORIAL HWY BOHEMIA NY 11716 990 2023-07-01 462618464 PROVIDENCE ACADEMY INCORPORATED PROV 5712529259 835 LEE AVENUE SW 604 LEESBURG VA 20175 TIM AC REICHERT BOARD TREASURER 5712529259 2025-02-19 1 0 KEN CERINI P00223556 6315821600 2025-02-17 2023 2025-03-06 01:10:19Z TIM AC REICHERT 835 LEE AVENUE SW 604 LEESBURG VA 20175 3808308 0 X PROVIDENCEACADEMYVA.ORG X 2013 VA THE MISSION OF PROVIDENCE ACADEMY IS "UNCOMPROMISING EXCELLENCE IN EDUCATING AND EQUIPPING STUDENTS WITH TRUTH." 8 7 59 40 0 0 579123 354469 3651058 3114878 45099 100955 728 176561 4276008 3746863 0 0 0 0 2747704 2502079 0 0 205420 1027972 1212008 3775676 3714087 500332 32776 4883738 4132653 3774195 3035062 1109543 1097591 THE MISSION OF PROVIDENCE ACADEMY IS "UNCOMPROMISING EXCELLENCE IN EDUCATING AND EQUIPPING STUDENTS WITH TRUTH." 0 0 3088204 3115695 THE PRIVATE, INDEPENDENT CHRISTIAN SCHOOL PROVIDES EDUCATIONAL OPPORTUNITIES TO STUDENTS FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE UNDER A CAPABLE AND DEDICATED FACULTY. THE STUDENTS ARE EDUCATED TO MEET THE FUTURE WITH SKILL, CONFIDENCE, DETERMINATION, AND GENEROSITY OF SPIRIT. DURING THE 2023/2024 SCHOOL YEAR, PROVIDENCE ACADEMY WORKED WITH 215 STUDENTS. 3088204 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 16 0 59 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X X STACEY SEIBERT 5712529259 835 LEE AVENUE SW SUITE 604 LEESBURG VA 20175 REX STOVER BOARD PRESIDENT 8.00 X X 0 0 0 KEN FLEMING DIRECTOR 2.00 X X 0 0 0 TIM REICHERT BOARD TREASURER 2.00 X X 0 0 0 LAURA RIVIERE DIRECTOR 2.00 X 0 0 0 KATHY REXROAD BOARD SECRETARY 2.00 X 0 0 0 NATHAN MYERS BOARD VICE PRESIDENT 2.00 X 0 0 0 JASON BELL TRUSTEE 2.00 X 0 0 0 ERIC ZWILSKY TRUSTEE 2.00 X 0 0 0 JANET MARSH HEAD OF SCHOOL 50.00 X 247943 0 2658 247943 0 2658 1 1 1 0 0 354469 34810 354469 TUITION AND FEES 900099 3020788 3020788 LUNCH PROGRAM 900099 46361 46361 EXTENDED CARE 900099 37582 37582 AFTER SCHOOL PROGRAM 900099 4684 4684 SUMMER PROGRAM 900099 2523 2523 2940 2940 3114878 100118 100118 26077 25240 837 837 837 189411 27578 161833 161833 11714 8627 3087 3087 RECOVERY OF BAD DEBTS 611110 10404 10404 CONCESSION SALES 611110 817 817 LATE FEES 611600 420 420 11641 3746863 3130443 0 261951 230000 196151 24035 9814 1971203 1681098 205994 84111 145713 124268 15227 6218 155163 132327 16215 6621 5973 5973 12481 12481 109279 4945 44334 60000 23713 23193 520 15367 6915 6915 1537 46985 40070 4910 2005 562850 534860 24119 3871 8682 164 8518 41797 33437 4180 4180 INSTRUCTIONAL EXPENSE 223186 223186 SECURITY EXPENSE 80356 80356 MISCELLANEOUS EXPENSE 18593 8377 10216 GALA EXPENSE 16230 16230 46516 22214 22507 1795 3714087 3088204 420463 205420 649335 781486 203798 26148 19078 71642 83287 273576 218786 86715 54790 1719964 1836985 2152284 1330879 4883738 4132653 313096 303030 1391562 1427803 2069537 1304229 3774195 3035062 X 958856 952416 150687 145175 1109543 1097591 4883738 4132653 32776 2180 -46908 0 X 1 X 0 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77700 0 77700 33000 44700 77700 5000 28000 33000 5000 5000 5000 11 11 5000 0.94000 0.06000 0 0 273576 218786 54790 54790 OPERATING LEASE RIGHT OF USE ASSET 1270100 SECURITY DEPOSITS 60779 1330879 CURRENT PORTION OF OPERATING LEASE LIABILITY 410740 OPERATING LEASE LIABILITY, NET OF CURRENT PORTION 893489 1304229 SCHEDULE D, PART V, LINE 4 CONTRIBUTIONS TOTALING $5,000 WERE RECEIVED DURING THE YEAR ENDED JUNE 30, 2018 TO ESTABLISH AN ENDOWMENT FUND AND EARNINGS THEREON ARE INTENDED TO SUPPORT OPERATIONS. FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, THE ACADEMY HAS UNRESTRICTED, BUT BOARD DESIGNATED, QUASI-ENDOWMENT FUNDS OF $72,700. THESE FUNDS ARE CLASSIFIED AS WITHOUT DONOR RESTRICTIONS AND CAN BE SPENT WITH THE BOARD'S APPROVAL FOR DESIGNATED PURPOSES. THE BOARD DESIGNATED FUNDS ARE TO BE SPENT ON UNEXPECTED, NOT BUDGETED EXPENSES THAT COULD OCCUR IN THE FUTURE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SEE SCHEDULE E PART II SCHEDULE E, PART I, LINE 3 THE POLICY IS ON THE ACADEMY'S WEBSITE, AS WELL AS ON ITS PRINT MATERIAL. GALA 189411 189411 27578 189411 189411 27578 27578 161833 X X X X X 0 0 0 0 0 0 0 0 0 JANET MARSH HEAD OF SCHOOL 247943 0 0 0 0 0 2658 0 0 0 250601 0 0 0 KRISTIE STOVER BOARD MEMBER SPOUSE 66500 ASSISTANT HEAD OF SCHOOL FOR SPIRITUAL LIFE AND LOWER SCHOOL DIVISION HEAD, NO ERC I/C IN FY 24 0 FORM 990, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS THE SALARY FOR THE STAFF MEMBER IS COMMENSURATE WITH HER EXPERIENCE AND CONSISTENT WITH WHAT THE ACADEMY PAYS OTHER STAFF MEMBERS WITH SIMILAR QUALIFICATIONS. X 25458 DIRECT X GALA AUCTION ITEMS 0 5920 DIRECT X FURNITURE 0 3432 DIRECT 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A ONE BOARD MEMBER SPOUSE IS EMPLOYED BY THE ACADEMY AS ASSISTANT HEAD OF SCHOOL FOR SPIRITUAL LIFE AND LOWER SCHOOL DIVISION HEAD. FORM 990, PART VI, SECTION B, LINE 11B OUR FORM 990 IS PREPARED BY AN EXTERNAL CPA FIRM. ONCE PREPARED, THE FIRM PROVIDES A DRAFT OF THE RETURN FOR A DETAILED REVIEW BY OUR CONTROLLER (A CPA). THE CONTROLLER ADVISES THE FIRM OF ANY COMMENTS OR CORRECTIONS. ONCE UPDATED BY THE FIRM, THE BOARD TREASURER, HEAD OF SCHOOL, AND BOARD PRESIDENT CONDUCT A REVIEW OF THE RETURN. ADDITIONALLY, A COMPLETE COPY OF THE RETURN IS SENT TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD PERIODICALLY REVIEWS ITS CONFLICT OF INTEREST POLICY AND CONFIRMS COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15A SALARY AND COMPENSATION OF HEAD OF SCHOOL ARE APPROVED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE REVIEWS THE HEAD OF SCHOOL'S COMPENSATION ANNUALLY. THE EXECUTIVE COMMITTEE SEEKS OUTSIDE COMPARATIVE DATA IN DETERMINING THE COMPENSATION, AND DOCUMENTS ITS DELIBERATIONS AND DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. IT DOES NOT MAKE FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BUT INSTEAD REFERS THEM TO THE PUBLICLY AVAILABLE FORM 990 FOR FURTHER FINANCIAL INFORMATION.