2026-01-15T17:13:30-05:00 2025-06-30 934924205 NORMAN BASS & PARNELL CPAS PLLC PO BOX 87047 FAYETTEVILLE NC 28304 990 2024-07-01 560944004 FAYETTEVILLE ACADEMY FAYE 9108685131 3200 CLIFFDALE ROAD FAYETTEVILLE NC 28303 ED PETKOVICH CHAIRMAN 9108685131 2025-11-06 true true LARRY L BASS P00126974 9104840145 2026-01-07 2024 2025-03-06 01:10:19Z ED PETKOVICH 362 GRIMBLE DRIVE LINDEN NC 28356 7205106 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 21 169 0 703094 148031 6225419 6845797 166965 168720 51094 42558 7146572 7205106 0 0 4960624 5199127 0 107084 1879910 1681922 6840534 6881049 306038 324057 6978281 7385701 1717959 1742698 5260322 5643003 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 5512016 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. 5512016 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 false false false false false false false false false false false false false false false false false false true 21 0 true 169 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 WELLS ALDERMAN TRUSTEE X 0 0 0 JOSH BARKMAN TRUSTEE X 0 0 0 FAITH CHIMA TRUSTEE X 0 0 0 ED CROOT VICE CHAIR X X 0 0 0 MURRAY DUGGINS TRUSTEE X 0 0 0 IJEOMA EJEH TRUSTEE X 0 0 0 KAREN EWART TREASURER X X 0 0 0 ANITA FLOWERS TRUSTEE X 0 0 0 MARIA JO FULCHER TRUSTEE X 0 0 0 BRUCE HAMMILL TRUSTEE X 0 0 0 BILL JORDAN TRUSTEE X 0 0 0 MARIE LOWE TRUSTEE X 0 0 0 LAURENCE MESTER TRUSTEE X 0 0 0 AMY NAVEJAS TRUSTEE X 0 0 0 ANN OGLESBEE TRUSTEE X 0 0 0 ANDREW PENINK TRUSTEE X 0 0 0 ED PETKOVICH CHAIRMAN X X 0 0 0 CRISTINA QUANTOCK SECRETARY X X 0 0 0 LINDSAY RYAN TRUSTEE X 0 0 0 DICKSON SCHAEFER TRUSTEE X 0 0 0 BILLY WEST TRUSTEE X 0 0 0 false false false 148031 148031 TUITION AND FEES 5932873 5932873 PROGRAM SERVICES AND EVENTS 912924 912924 6845797 168720 168720 OTHER REVENUE 42558 42558 42558 7205106 7057075 4225425 3295831 845085 84509 219639 171318 43928 4393 451625 352267 90325 9033 302438 235901 60488 6049 54774 54774 9079 9079 161158 128926 32232 31785 31785 337604 337604 142787 142787 REPAIRS & MAINTENANCE 172880 172880 UTILITIES/TELEPHONE 148081 118465 29616 OPERATIONS 132042 105634 26408 CLEANING/JANITORIAL 119834 119834 371898 275795 93003 3100 6881049 5512016 1261949 107084 2378485 1168682 67105 60357 72928 32355 10515439 7019622 3561750 3495817 895454 2625725 2559 2765 6978281 7385701 517272 484609 147722 189396 1052965 1068693 1717959 1742698 X 4159714 4493074 1100608 1149929 5260322 5643003 6978281 7385701 324057 58624 X false true X true false X false false 621682 12000 157256 15420 6838 768680 false false 147148 147148 147148 NOTES PAYABLE 849805 DEPOSITS HELD FOR AGENCIES 218888 1068693 7205106 7205106 7205106 6881049 6881049 6881049 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. 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.