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Fayetteville Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560944004 ✦ Fayetteville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Fayetteville Academy?

Fayetteville Academy is an independent, college-preparatory school situated in Fayetteville, North Carolina. Serving students from pre-K to 12th grade, the academy is renowned for its commitment to fostering academic excellence, artistic growth, and athletic development. The school's mission emphasizes scholarship, honor, leadership, and citizenship, creating a safe and inclusive environment for its students. Ranked as the top private school in the Fayetteville area and among the top 20 best private schools in North Carolina by Niche.com, Fayetteville Academy offers a multifaceted curriculum that empowers its students to reach their full potential. The academy boasts a dedicated workforce of 156 individuals.


Official website here: www.fayacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% - Four-Star out of Four Stars

Fayetteville Academy has achieved an impressive Four-Star rating from Charity Navigator, which reflects its strong performance in accountability and finance. The high score indicates that the organization demonstrates a high level of transparency and responsible financial management, with all aspects of the financial review receiving top marks.

The organization boasts a fully independent board of directors, which contributes to its effective governance and oversight. With a robust program expense ratio of 79.84%, Fayetteville Academy prioritizes its mission-driven activities, ensuring that a significant portion of its funds goes directly towards fulfilling its educational objectives.

While the data indicates a solid foundation in financial health and governance, ongoing engagement with stakeholders and continuous improvement in program effectiveness will be essential for sustaining its positive impact in the community. Overall, Fayetteville Academy exemplifies a trustworthy nonprofit organization with a commitment to excellence.


This AI summary has been generated from information found on Charity Navigator.

Is Fayetteville Academy legitimate?

Fayetteville Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fayetteville Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,660,143

For more financial information, click here


Official website here: www.fayacademy.org

What is the mission statement of Fayetteville Academy?

Fayetteville Academy, an independent college-preparatory school catering to students from pre-K to 12th grade, is committed to fostering students' growth by providing exceptional opportunities in academics, arts, and athletics. The academy encourages the development of scholarship, honor, leadership, and citizenship in a secure and inclusive environment. It takes pride in being ranked as the top private school in its local area and among the top 20 best private schools in North Carolina, according to Niche.com. The academy's primary goal is to help students reach their full potential while promoting a safe and inclusive learning environment.


Official website here: www.fayacademy.org

Who is the CEO of Fayetteville Academy?

Josh Barkman is the Head Of Scho of Fayetteville Academy.


Official website here: www.fayacademy.org

What is the revenue of Fayetteville Academy?

Fayetteville Academy's revenue in 2022 was $6,525,555.


Official website here: www.fayacademy.org

Who are the executives of Fayetteville Academy and what are their salaries?

The average compensation at Fayetteville Academy during 2022 was $23,462. There are 156 employees at Fayetteville Academy.


Here are 21 key members and their salaries:


Ray Quesnel (Head Of Scho)
  • Compensation: $179,370
  • Related: $0
  • Other: $0
Wells Alderman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janene Aul (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Barkman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Croot (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murray Duggins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ijeoma Ejeh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Ewart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Fitzgerald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Flowers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Ingram (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Jordan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Lowe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Navejas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Penink (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Petkovich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Ponder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dickson Schaefer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Vangeons (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy West (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Young (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fayacademy.org

Where can I find the form 990 for Fayetteville Academy?

Fayetteville Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fayacademy.org

Learn more at the official website: www.fayacademy.org

Mission Statement of Fayetteville Academy

Fayetteville Academy, a distinguished independent, college-preparatory school catering to students from pre-K to 12th grade, is committed to fostering an environment that empowers its students to reach their full potential. The academy offers exceptional opportunities in academics, fine arts, and athletics, instilling in its students the values of scholarship, honor, leadership, and citizenship. Situated in a safe and inclusive setting, Fayetteville Academy is renowned for its dedication to nurturing young minds. It has been consistently ranked as the top private school in its local area and among the top 20 best private schools in North Carolina by Niche.com. By providing a well-rounded education, Fayetteville Academy equips its students with the necessary skills and values to excel in their future endeavors.

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Impact




July, 2024

Fayetteville Academy's impact is significant in the field of education. As an independent, college preparatory school, it provides exceptional opportunities for students in academics, fine arts, and athletics. Emphasizing scholarship, honor, leadership, and citizenship, the academy nurtures a safe and inclusive environment for its students. Fayetteville Academy's commitment to helping students achieve their full potential has earned it recognition as the number one private school in the Fayetteville area and among the top 20 best private schools in North Carolina. Through its high standards and comprehensive approach to education, Fayetteville Academy positively influences the academic and personal growth of its students.




This information is meant to be a general summary of Fayetteville Academy. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,525,555 (2022)
Expenses
$6,031,294 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $59,967
  • Program Service Revenue: $5,454,736
  • Gross Receipts: $6,525,555

Assets and Liabilities:

  • Total Assets: $6,108,827
  • Total Liabilities: $1,674,364
  • Net Assets: $4,434,463

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$4,833,866

PROGRAM SERVICES AND EVENTS

Revenue

$620,870

Organization Details

Founding Year

1969

Principal Officer

Josh Barkman

Main Address

3200 CLIFFDALE ROAD, FAYETTEVILLE, NC, 28303

NTEE Category

Code: B200 - Education

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