2026-01-30T08:47:52-06:00 2025-06-30 450250958 EIDE BAILLY LLP 150 W MAIN ST STE 1200 NORFOLK VA 235101620 990 2024-07-01 541522266 CHESAPEAKE BAY ACADEMY CHES 7574976200 821 BAKER ROAD VIRGINIA BEACH VA 23462 DR JUDY JANKOWSKI HEAD OF SCHOOL 7574976200 2026-01-30 1 1 DARIA G PAYNE CPA P01007413 7576254700 2026-01-30 2024 2025-03-06 01:10:19Z DR JUDY JANKOWSKI 821 BAKER ROAD VIRGINIA BEACH VA 23462 4182909 0 X WWW.CBA-VA.ORG X 1989 VA THE MISSION OF CHESAPEAKE BAY ACADEMY IS TO EDUCATE STUDENTS THROUGH ACADEMIC PROGRAMS INDIVIDUALIZED TO ADDRESS THEIR LEARNING DIFFERENCES, EMPOWERING THEM WITH THE SKILLS AND CONFIDENCE NECESSARY FOR SUCCESS IN HIGHER EDUCATION, CAREERS, AND LIFE. 29 28 60 77 0 0 1253447 920981 2926857 3124507 -1420474 56442 -39886 -81109 2719944 4020821 781510 844580 0 0 2403648 2765689 30150 36000 296317 922525 834423 4137833 4480692 -1417889 -459871 4617081 4815574 917299 1029281 3699782 3786293 THE MISSION OF CHESAPEAKE BAY ACADEMY IS TO EDUCATE STUDENTS THROUGH ACADEMIC PROGRAMS INDIVIDUALIZED TO ADDRESS THEIR LEARNING DIFFERENCES, EMPOWERING THEM WITH THE SKILLS AND CONFIDENCE NECESSARY FOR SUCCESS IN HIGHER EDUCATION, CAREERS, AND LIFE. 0 0 3613356 844580 3124507 EDUCATION FOR CHILDREN WITH LEARNING DIFFERENCES IN CLASSES WHICH ALLOW FOR INDIVIDUALIZED INSTRUCTION BASED ON LESSON PLANS AND TEACHING METHODS TAILORED TO INDIVIDUAL STUDENTS. 3613356 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 21 0 1 60 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X THE ORGANIZATION 7574976200 821 BAKER ROAD VIRGINIA BEACH VA 23462 AARON J COOPER TRUSTEE 1.00 X 0 0 0 ALAN B RASHKIND TRUSTEE 1.00 X 0 0 0 BRIAN WAINGER TRUSTEE 1.00 X 0 0 0 CAPTAIN LOUIS J SCHAGER VICE CHAIR 2.50 X X 0 0 0 DAVID RATHBONE TRUSTEE 1.00 X 0 0 0 DONALD L GLENUM III TRUSTEE 1.00 X 0 0 0 DR BRUCE RUBIN TRUSTEE 1.00 X 0 0 0 DR CLIFFORD CUTCHINS V TRUSTEE 1.00 X 0 0 0 DR DAVID LEVIN CHAIR 5.00 X X 0 0 0 DR JD BALL TRUSTEE 5.00 X 0 0 0 DR PATRICK D THRASHER TRUSTEE 1.00 X 0 0 0 DR PETER M DOZIER TRUSTEE 1.00 X 0 0 0 DR SARAH CHAGNON TRUSTEE 1.00 X 0 0 0 DR WILLIAM P BRITTAIN TRUSTEE 5.00 X 0 0 0 HOWARD GOODWIN TRUSTEE 1.00 X 0 0 0 JOHN PARIS TRUSTEE 1.00 X 0 0 0 JUDY JANKOWSKI HEAD OF SCHOOL 60.00 X X 213165 0 17922 JULIE HASHAGEN TRUSTEE 1.00 X 0 0 0 LINDA D BOWERS TRUSTEE 1.00 X 0 0 0 LINDA MILLER-DUNLEAVY TRUSTEE 1.00 X 0 0 0 MARK ADAMS TREASURER 2.50 X X 0 0 0 MARY HADDAD TRUSTEE 1.00 X 0 0 0 MINDY GUMPERT TRUSTEE 1.00 X 0 0 0 MIRANDA SNOWBERGER TRUSTEE 1.00 X 0 0 0 BETSY ATKINSON TRUSTEE 1.00 X 0 0 0 RICHARD B THURMOND TRUSTEE 1.00 X 0 0 0 THOMAS HASTY III TRUSTEE 1.00 X 0 0 0 VICKIE HAWKINS-BLACK SECRETARY 5.00 X X 0 0 0 GORDON WAGNER TRUSTEE 1.00 X 0 0 0 213165 0 17922 1 0 1 0 0 375591 545390 74332 920981 TUITION AND FEES 611710 3124507 3124507 3124507 56442 56442 80979 375591 162088 -81109 -81109 4020821 3124507 0 -24667 844580 844580 248332 62083 124166 62083 2199966 1880557 191566 127843 140873 118630 13489 8754 176518 140528 22445 13545 3385 508 2877 21250 3187 18063 36000 36000 8821 8821 105557 30931 74626 52768 36938 15830 100707 75531 20141 5035 107121 81739 20025 5357 21486 16114 5372 22910 16036 5728 1146 ADMINISTRATIVE EXPENSE 155970 116977 31194 7799 REPAIRS AND MAINTENANCE 118543 88907 23709 5927 EDUCATIONAL ACTIVITIES 41629 41629 BAD DEBT 29696 26726 2970 44580 31755 8797 4028 4480692 3613356 571019 296317 295617 272164 1022782 339726 426221 243829 280178 140302 6723 6750 495803 417513 52000 78290 2059324 2867716 474236 866797 4617081 4815574 303348 326179 235116 294647 378835 408455 917299 1029281 X 1328696 855221 2371086 2931072 3699782 3786293 4617081 4815574 X -459871 211386 334996 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1748339 191660 1939999 1580224 168115 1748339 1388126 123059 69039 1580224 137150 1250000 976 1388126 137150 207 207 137150 0.01104 0.77056 0.21840 0 0 5915 216 5699 489888 417297 72591 78290 INVESTMENTS 2867716 F 2867716 INTEREST IN NET ASSETS OF RECIPIENT ORGANIZATION 430397 RIGHT OF USE ASSET 406400 GRANT RECEIVABLE 30000 866797 LEASE LIABILITY 408455 408455 X 3378806 211386 211386 3167420 8821 844580 853401 4020821 3627291 0 3627291 8821 844580 853401 4480692 PART V, LINE 4: THE ENDOWMENT WAS ESTABLISHED TO PROVIDE STUDENT FINANCIAL AID. PART X, LINE 2: CBA IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. CURRENTLY CBA HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. CBA BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 844,580. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 844,580. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ADS PLACED IN LOCAL NEWSPAPERS AND THE YELLOW PAGES INCLUDE A RACIALLY NONDISCRIMINATORY POLICY. IN ADDITION, AN ANNUAL PUBLICATION IN THE LOCAL NEWSPAPER OF THE POLICY WILL RUN TO COMPLY WITH REVENUE RULING 75-50. 1 ELIZABETH TARASKI LLC 821 BAKER RD VIRGINIA BEACH VA 23462 MAJOR GIFT FUNDRAISING STRATEGY PROPOSAL WRITING 0 0 36000 -36000 36000 -36000 AUCTION 427000 361091 65909 7156 28341 4600 91348 GOLF TOURNAMENT 29570 14500 15070 30643 456570 375591 80979 7156 28341 4600 121991 162088 -81109 1 TUITION ASSISTANCE 35 844580 PART I, LINE 2: FINANCIAL AID AND SCHOLARSHIPS ARE DETERMINED BY THE ACADEMY AND TRACKED IN THE ACADEMY'S TUITION MANAGEMENT SYSTEM. X X X X 0 0 0 0 0 0 0 0 0 JUDY JANKOWSKI HEAD OF SCHOOL 213165 0 0 0 0 0 0 0 17922 0 231087 0 0 0 PART I, LINE 3 THE BOARD IS AUTHORIZED TO SET THE COMPENSATION OF THE HEAD OF SCHOOL. X AUCTION ITEMS AND OTHER EVENT GIFTS 262 74332 FMV 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS NOT THE NUMBER OF ITEMS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS GIVEN TO ALL BOARD MEMBERS FOR REVIEW BEFORE BEING APPROVED BY THE DIRECTOR OF FINANCE FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. ALL EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY AS A PART OF THEIR JOB CONTRACT. THE MAJOR AREA THAT IS A PART OF THE EMPLOYMENT CONTRACT IS A COVENANT NOT TO COMPETE OR PERFORM THE SAME TYPE OF WORK WITHIN A CERTAIN RANGE OF AREA WHILE UNDER CONTRACT WITH THE SCHOOL AND ALSO FOR A CERTAIN TIME AFTER TERMINATION OF EMPLOYMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD IS AUTHORIZED TO SET THE COMPENSATION OF THE HEAD OF SCHOOL AND THE BOARD IS AUTHORIZED TO INCREASE THE SALARIES OF EMPLOYEES. THE BOARD FOLLOWS A POLICY OF INCREASE IN COMPENSATION OF HEAD OF SCHOOL BASED ON OTHER HEADS OF SCHOOL IN THE REGION BASED ON THE NAIS DATA. THE BOARD VOTES ON EMPLOYEE'S SALARY INCREASES BASED ON THE HEAD OF SCHOOL RECOMMENDATION WHICH IS BASED ON A PERCENTAGE IN THE RANGE OF 3% TO 5% INCREASES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL DOES NOT HAVE ANY ARRANGEMENTS TO MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAIALBLE TO THE GENERAL PUBLIC. HOWEVER, THESE DOCUMENTS ARE MADE AVAILABLE TO THE PARTIES WHO REQUEST THEM. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST IN NET ASSETS OF RECIPIENT ORGANIZATION 334,996. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES IS RESPONSIBLE FOR REVIEWING THE AUDITED FINANCIAL STATEMENTS AND FOR SELECTING AN INDEPENDENT AUDITOR.