Nonprofit · EIN 80-0912325
GRAY COLLEGIATE ACADEMY INC
Tax-exempt · WEST COLUMBIA, SC 29169
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,881,517 | $11,578,379 | $303,138 | $35,515,977 | $36,161,406 | -$645,429 |
| June 30, 2024 | 990 | $11,814,456 | $10,540,061 | $1,274,395 | $27,099,074 | $25,334,721 | $1,764,353 |
| June 30, 2023 | 990 | $9,892,030 | $11,016,425 | -$1,124,395 | $26,896,133 | $26,406,174 | $489,959 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,593,781
- of which government grants
- $10,593,781
- Program service revenue
- $1,137,459
- Investment income
- $150,277
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $485,339
- Other salaries and wages
- $3,777,861
- Salaries, compensation and benefits (total)
- $5,996,276
- Professional fundraising fees
- $0
- Legal fees
- $64,510
- Accounting fees
- $13,600
- Occupancy
- $458,876
- Travel
- $94,101
- Depreciation
- $815,408
- Program services (functional)
- $9,391,354
- Management and general (functional)
- $2,187,025
Balance sheet and other
- Total assets, start of year
- $27,099,074
- Total assets, end of year
- $35,515,977
- Total liabilities, end of year
- $36,161,406
- Net assets, end of year
- -$645,429
- Land, buildings and equipment
- $22,195,153
- Gross receipts
- $11,881,517
- Employees
- 6
- Volunteers
- 40
- Year formed
- 2013
- State of legal domicile
- SC
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 |
|---|---|---|---|
| WILLIAM B NEWSOME | SCHOOL PRINC Key employee | 60 | $324,956 |
| MARTHA RAWLS | CFO Key employee | 55 | $214,811 |
| MICHAEL BOULWARE | DIRECTOR Trustee or director | – | $0 |
| MATT CUNNINGHAM | DIRECTOR THR Trustee or director | – | $0 |
| CHRIS GREER | DIRECTOR Trustee or director | – | $0 |
| GENIA KEARNEY | DIRECTOR BEG Trustee or director | – | $0 |
| MACKENZIE LONG | SECRET. THRU Trustee or director, Officer | – | $0 |
| ANDY MARKL | VICE CHAIR Trustee or director, Officer | – | $0 |
| WAYNE MCKIM | DIRECTOR THR Trustee or director | – | $0 |
| OLIVER MOORE | DIRECTOR BEG Trustee or director | – | $0 |
| PENNIE PEAGLER | CHAIR Trustee or director, Officer | 20 | $0 |
| AL STEVENS | DIRECTOR BEG Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM B NEWSOME | SCHOOL PRINCIPAL Officer | 60 | $215,948 |
| MARTY RAWLS | CFO Officer | 55 | $143,680 |
| PENNIE PEAGLER | BOARD CHAIR/PRES Trustee or director, Officer | 20 | $0 |
| ANDY MARKL | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| CHRIS GREER | SEC/TREAS Trustee or director, Officer | 0 | $0 |
| ANDY MARKL | DIRECTOR Trustee or director | 0 | $0 |
| MICHAEL BOULWARE | DIRECTOR Trustee or director | 0 | $0 |
| WAYNE MCKIM | DIRECTOR Trustee or director | 0 | $0 |
| MCKENZIE LONG | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM B NEWSOME | SCHOOL PRINCIPAL Key employee | 60 | $212,266 |
| TERESA BRAZELL | BOARD CHAIR/PRES Trustee or director, Officer | 20 | $0 |
| PENNIE PEAGLER | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| LAURA STEVENS | SEC/TREAS Trustee or director, Officer | 0 | $0 |
| ANDY MARKL | DIRECTOR Trustee or director | 0 | $0 |
| TREVOR KINARD | DIRECTOR Trustee or director | 0 | $0 |
| WAYNE MCKIM | DIRECTOR Trustee or director | 0 | $0 |
| MCKENZIE LONG | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3833 LEAPHART RD, WEST COLUMBIA, SC 29169-2416
- Principal officer (990 for 2024)
- MARTHA RAWLS, 3833 LEAPHART ROAD, WEST COLUMBIA, SC 29169
- Signed the 990
- MARTHA RAWLS, CFO
- Phone
- (803) 951-3321
- Return prepared by
- UHY ADVISORS MID-ATLANTIC INC
Mission
GRAY COLLEGIATE ACADEMY SERVES STUDENTS IN A SAFE, SMALL, FAMILY-CENTERED ENVIRONMENT WHO SEEK THE OPPORTUNITY AND CHALLANGE OF A RIGOROUS CURRICULUM, HIGH ACADEMIC STANDARDS, AND ELITE ATHLETICS WHILE EARNING UP TO TWO YEARS OF COLLEGE CREDIT.
Program accomplishments
- GRAY COLLEGIATE ACADEMY HAS BEEN SUCCESSFUL PROVIDING EXCELLENT EDUCATIONAL OPPORTUNITIES AS WELL AS ELITE ATHLETICS.Expenses $9,391,354 · revenue $1,137,459
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
- 80-0912325
- 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
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $35,515,977
- Income (IRS master file)
- $11,881,517
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,881,517 | $11,578,379 | $35,515,977 | IRS |
| 990 | June 2024 | $11,814,456 | $10,540,061 | $27,099,074 | XML |
| 990 | June 2023 | $9,892,030 | $11,016,425 | $26,896,133 | XML |
| 990 | June 2022 | $8,205,578 | $8,141,955 | $28,495,542 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 80-0912325).
Questions about GRAY COLLEGIATE ACADEMY INC
- What is the EIN of GRAY COLLEGIATE ACADEMY INC?
- The employer identification number (EIN) of GRAY COLLEGIATE ACADEMY INC is 80-0912325.
- Is GRAY COLLEGIATE ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to GRAY COLLEGIATE ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRAY COLLEGIATE 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 GRAY COLLEGIATE 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 GRAY COLLEGIATE 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 GRAY COLLEGIATE ACADEMY INC?
- The 990 for the year ended June 30, 2025 names MARTHA RAWLS.
- Who are the officers and directors of GRAY COLLEGIATE ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $324,956 (WILLIAM B NEWSOME, SCHOOL PRINC).
- How much revenue does GRAY COLLEGIATE ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,881,517, expenses of $11,578,379 and total assets of $35,515,977 at year end.
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All nonprofits in WEST COLUMBIA · South Carolina · Education