Nonprofit · EIN 26-0385375
LAKE OCONEE ACADEMY INC
Tax-exempt · GREENSBORO, GA 30642
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $17,621,289 | $17,475,055 | $146,234 | $33,770,101 | $24,846,188 | $8,923,913 |
| June 30, 2024 | 990 | $16,118,996 | $16,345,938 | -$226,942 | $33,657,885 | $24,880,206 | $8,777,679 |
| June 30, 2023 | 990 | $16,465,917 | $14,935,212 | $1,530,705 | $33,809,016 | $24,804,395 | $9,004,621 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $306,030
- Program service revenue
- $17,206,007
- Investment income
- $109,252
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $206,500
- Other salaries and wages
- $8,528,810
- Salaries, compensation and benefits (total)
- $13,564,037
- Professional fundraising fees
- $0
- Legal fees
- $24,429
- Accounting fees
- $52,059
- Occupancy
- $1,034,467
- Travel
- $39,214
- Depreciation
- $837,205
- Program services (functional)
- $11,988,227
- Management and general (functional)
- $5,486,828
Balance sheet and other
- Total assets, start of year
- $33,657,885
- Total assets, end of year
- $33,770,101
- Total liabilities, end of year
- $24,846,188
- Net assets, end of year
- $8,923,913
- Land, buildings and equipment
- $5,251,795
- Net assets without donor restrictions
- $8,923,913
- Gross receipts
- $17,621,289
- Employees
- 0
- Year formed
- 2007
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRADFORD G BOWLING | CEO Officer | 40 | $206,500 | $58,576 |
| BEVERLY C MONTGOMERY | School Director Highest-paid employee | 40 | $105,417 | $31,513 |
| JOSEPH S CAWLEY | Technology Director Highest-paid employee | 40 | $118,003 | $0 |
| MOLLYE TREADWAY | CFO Officer | 40 | $7,917 | $3,225 |
| KELLY BROLLY | Board MemberSecretary Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD SCHMIDT | Board Member Trustee or director | 1 | $0 | $0 |
| MICHAEL TOMPKINS | Chairman Trustee or director | 1 | $0 | $0 |
| SARAH PEACOCK | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER VAUGHN | Vice Chair Trustee or director | 1 | $0 | $0 |
| MATT WATERFIELD | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRADFORD G BOWLING | CEO Officer | 40 | $201,000 | $34,965 |
| BEVERLY C MONTGOMERY | School Director Highest-paid employee | 40 | $125,549 | $24,885 |
| JOSEPH S CAWLEY | Technology Director Highest-paid employee | 40 | $115,566 | $22,890 |
| KELLY BROLLY | Board Member Trustee or director | 1 | $0 | $0 |
| KRISTINA JASKYTE-BAHR | Board Member Trustee or director | 1 | $0 | $0 |
| RICHARD SCHMIDT | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL TOMPKINS | Chairman Trustee or director | 1 | $0 | $0 |
| SARAH PEACOCK | Vice Chair Trustee or director | 1 | $0 | $0 |
| JENNIFER VAUGHN | Treasurer Trustee or director | 1 | $0 | $0 |
| DAVID M FAUNTE | CFO Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| OTHO B TUCKER | CEO Former | 40 | $283,337 | $50,079 |
| BRADFORD G BOWLING | CEO Officer | 40 | $135,000 | $26,973 |
| KIM LARKIN | Board Member Trustee or director | 1 | $0 | $0 |
| KRISTINA JASKYTE-BAHR | Board Member Trustee or director | 1 | $0 | $0 |
| RICHARD SCHMIDT | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL TOMPKINS | Chairman Trustee or director | 1 | $0 | $0 |
| SARAH PEACOCK | Board Member Trustee or director | 1 | $0 | $0 |
| JENNIFER VAUGHN | Board Member Trustee or director | 1 | $0 | $0 |
| DAVID M FAUNTE | CFO Officer | 1 | $0 | $0 |
| QUINCY CHAFFIN | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1021 TITAN CIR, GREENSBORO, GA 30642-6047
- In care of
- % BRAD G BOWLING
- Principal officer (990 for 2024)
- Brad Bowling, 1021 Titan Circle, Greensboro, GA 30642
- Signed the 990
- BRAD G BOWLING, CEO
- Phone
- (706) 454-1562
- Website
- www.lakeoconeeacademy.org
Mission
To increase student achievement by building a culture of high expectations for all students.
Program accomplishments
- The Organization operates a public charter school authorized by the Greene County Board of Education and the state of Georgia Department of Education.Expenses $11,327,683
- The Organization operates a pre-K program through the state of Georgia Bright from the Start program.Expenses $552,365 · revenue $459,314
- The Organization operates an afterschool program.Expenses $108,179 · revenue $96,016
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0385375
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $33,770,101
- Income (IRS master file)
- $17,621,289
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $17,621,289 | $17,475,055 | $33,770,101 | IRS |
| 990 | June 2024 | $16,118,996 | $16,345,938 | $33,657,885 | IRS |
| 990 | June 2023 | $16,465,917 | $14,935,212 | $33,809,016 | XML |
| 990 | June 2022 | $12,895,020 | $13,245,703 | $28,770,370 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0385375).
Questions about LAKE OCONEE ACADEMY INC
- What is the EIN of LAKE OCONEE ACADEMY INC?
- The employer identification number (EIN) of LAKE OCONEE ACADEMY INC is 26-0385375.
- Is LAKE OCONEE ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to LAKE OCONEE ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE OCONEE ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAKE OCONEE ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE OCONEE ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAKE OCONEE ACADEMY INC?
- The 990 for the year ended June 30, 2025 names Brad Bowling.
- Who are the officers and directors of LAKE OCONEE ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 4 received compensation from the organization, the highest $206,500 (BRADFORD G BOWLING, CEO).
- How much revenue does LAKE OCONEE ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $17,621,289, expenses of $17,475,055 and total assets of $33,770,101 at year end.
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