THE ACADEMY OF MOORE COUNTY

Address
12588 HWY 15-501
ABERDEEN, NC 28315
Contact
Website: http://www.acdemyofmoorecounty.org
Phone: +1 (910) 757-0401
Nonprofit
NTEE: B20 - Elementary, Secondary Education, K - 12
EIN: 56-2121604

Mission

OPERATION OF A PUBLIC CHARTER SCHOOL
 20172015201420132012
Basic features of the organization
Year of formation1998
Subsection code03
Form of organization
CorporationTrue
Metropolitan statistical area6640
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$67,708.00    
Sum of reportable (W2/1099) compensation$67,708.00    
Number of employees49    
Number of volunteers25    
Personnel
Beddow, Thomas
TitleVICE CHAIRMA    
Name of key/compensated personTHOMAS BEDDOW    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Busby, Jim
TitleBOARD TREASU    
Name of key/compensated personJIM BUSBY    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Byrd, Ken
TitleDIRECTOR    
Name of key/compensated personKEN BYRD    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.50    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Goulet, Don
TitleBOARD CHAIRM    
Name of key/compensated personDON GOULET    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Leyden, Kristina
TitleSECRETARY    
Name of key/compensated personKRISTINA LEYDEN    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Nordloh, David
TitleDIRECTOR    
Name of key/compensated personDR DAVID NORDLOH    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.50    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Packard, Brittany
TitleDIRECTOR    
Name of key/compensated personBRITTANY PACKARD    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.50    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Palmer, Sarah
TitleDIRECTOR    
Name of key/compensated personSARAH PALMER    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.50    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Raffaele, Jack
TitleDIRECTOR    
Name of key/compensated personJACK RAFFAELE    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Schoen, Allyson
TitleEDUCATION DI    
Name of key/compensated personALLYSON SCHOEN    
Position of compensated person
Current officerTrue    
Average hours per week working for org40.00    
Reportable compensation from org$67,708.00    
Other comp, non-reportable, from org and related orgs$5,839.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesOPERATION OF A PUBLIC CHARTER SCHOOL    
Program service expenses, total$1,702,304.00    
Programs, including revenue & expenses
OPERATED AS A CHARTER SCHOOL IN SOUTHERN PINES, NC SERVING APPROXIMATELY 282 STUDENTS FOR THE FISCAL YEAR ENDING JUNE 30, 2017.
Program expenses$1,702,304.00    
Program revenue$54,245.00    
Program descriptionOPERATED AS A CHARTER SCHOOL IN SOUTHERN PINES, NC SERVING APPROXIMATELY 282 STUDENTS FOR THE FISCAL YEAR ENDING JUNE 30, 2017.    
Financial data
Revenue
Total revenue$2,212,840.00    
Revenue from contributions (total)$2,110,445.00    
Investment income, current yr$0.00    
Total revenue from grants, etc., current yr$2,110,445.00    
Other revenue, current yr$48,150.00    
Program service revenue (total)$54,245.00    
Sources of contributions
Revenue from gov't grants$2,068,340.00    
Revenue from all other contributions$42,105.00    
Other types of revenue
Miscellaneous revenue (total)$40,004.00    
Net income from fundraising events$8,146.00    
Expense categories (totals)
Total functional expenses: sum of all$2,125,433.00    
Total functional expenses: program service $1,702,304.00    
Total functional expenses: management and general$423,129.00    
Total functional expenses: fundraising$0.00    
Fees for services
Fundraising service fees (total)$0.00    
Assets and liabilities
Total assets$2,664,238.00    
Total assets, beginning of year$2,218,970.00    
Total liabilities$2,605,494.00    
Total liabilities, beginning of year$2,258,791.00    
Unrestricted net assets, end of yr$58,744.00    
Net assets$58,744.00    
Net assets, beginning of year-$39,821.00    
Other liabilities$611,214.00    
Other assets$425,431.00    
Cash: non-interest bearing$338,472.00    
Cash: non-interest bearing, beginning of year$316,269.00    
Other financial variables
Revenue less expenses$87,407.00    
Accounts receivable, net$40,597.00    
Prepaid expenses & deferred charges$40,898.00    
Accounts payable & accrued expenses$22,742.00    
Secured mortgages and notes payable$1,971,538.00    
Total net assets or fund balances$58,744.00    
Depreciation, depletion, amortization$90,072.00    
Governance and accountability
Number of voting members9    
Number of independent voting members9    
Financial sheets were auditedTrue    
Accrual accountingTrue    
Tax year start date2016-07-01    
Tax year end date2017-06-012015-06-012014-06-012013-06-012012-06-01
Indicators for schedules (selected)
Business transaction with family memberTrue    
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990    
IRS schema version2016v3.1    
Filing identifier201830159349300203    
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