Overview
What is Cape Fear Academy?
Cape Fear Academy is a private educational institute located in Wilmington, North Carolina. With a capacity for 746 students from pre-kindergarten to grade 12, the academy operates as a nonprofit organization, employing 272 individuals. The primary mission of Cape Fear Academy is to provide quality education to its students, operating as a school dedicated to serving the Wilmington community.
Official website here: www.capefearacademy.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 91%, Four-Star out of Four Star rating.
Cape Fear Academy has achieved a commendable Four-Star rating from Charity Navigator, reflecting a robust commitment to accountability and financial health. The organization scored a perfect 100% for having an independent board, which is essential for ensuring unbiased governance. Additionally, it demonstrates strong oversight practices with an effective audit committee and clear policies on conflict of interest, whistleblowing, and document retention.
The financial performance of Cape Fear Academy also shows positive signs, with an impressive program expense ratio of nearly 85%, indicating that a significant portion of its funds is directed toward its mission-related activities. However, the liabilities to assets ratio of 56.06% suggests that the organization has a moderate level of debt compared to its assets, which may warrant closer attention in future financial evaluations.
Overall, Cape Fear Academy stands out for its transparency and ethical governance practices, making it a reliable choice for donors. While its financial health is generally strong, maintaining a balance between liabilities and assets will be important for sustained operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Cape Fear Academy?
96% of 33 reviewers on Facebook recommend Cape Fear Academy. Here is a summary of their reviews:
Many parents express appreciation for the school and its dedicated staff, highlighting the emphasis on preparing children for a successful future. Reviewers note the strong leadership skills and confidence instilled in students, which they feel are invaluable for their development. The long-standing presence of staff members who have positively impacted their own education and that of their children is particularly valued.
Overall, users are pleased with the quality of education and the nurturing environment at Cape Fear Academy, showing enthusiasm and support for the institution and its mission.
This AI summary has been generated from reviews found on Facebook.
Is Cape Fear Academy legitimate?
Cape Fear Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape Fear 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: $486,969
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,428,528
For more financial information, click here
Official website here: www.capefearacademy.org
What is the mission statement of Cape Fear Academy?
Cape Fear Academy is a private educational institution that caters to students from pre-kindergarten through twelfth grade. Its primary mission is to run a school that provides quality education to its students. In the academic year 2022-2023, the academy served approximately 746 students. The academy is committed to delivering a comprehensive education that prepares its students for the future. The institution's focus on education goes beyond traditional academics, fostering a well-rounded learning experience for its students.
Official website here: www.capefearacademy.org
Who is the CEO of Cape Fear Academy?
Connor Keller is the Chair of Cape Fear Academy.
Official website here: www.capefearacademy.org
What is the revenue of Cape Fear Academy?
Cape Fear Academy's revenue in 2023 was $16,683,570.
Official website here: www.capefearacademy.org
Who are the executives of Cape Fear Academy and what are their salaries?
The average compensation at Cape Fear Academy during 2023 was $29,101. There are 272 employees and 500 volunteers at Cape Fear Academy.
Here are 22 key members and their salaries:
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Official website here: www.capefearacademy.org
Where can I find the form 990 for Cape Fear Academy?
Cape Fear Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.capefearacademy.org
Learn more at the official website: www.capefearacademy.org
Mission Statement of Cape Fear Academy
Cape Fear Academy, a private educational institution, is dedicated to providing quality education for students in pre-kindergarten through twelfth grade. The organization operates with a mission to deliver education to over 700 students in a nurturing and supportive environment. In the 2022/2023 fiscal year, Cape Fear Academy successfully implemented this mission, educating and developing young minds in a well-rounded and comprehensive manner.
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Impact
October, 2024
Cape Fear Academy significantly impacts the Wilmington, NC community by providing quality education for students from pre-kindergarten through grade 12. With an enrollment of 746 students in the 2022/2023 fiscal year, the academy fosters an enriching learning environment that emphasizes academic excellence, personal growth, and character development.
The school's commitment to education empowers students to thrive not only academically but also socially and emotionally. By guiding young minds through their formative years, Cape Fear Academy plays a crucial role in shaping future leaders and engaged citizens. Its curriculum is designed to challenge students while nurturing their individual talents, ultimately preparing them for success in higher education and beyond.
Cape Fear Academy also enhances the local community by creating a strong network of families, promoting involvement and collaboration among parents, educators, and local organizations. Through diverse programs and extracurricular activities, the academy encourages students to develop a sense of responsibility and community service, contributing to the overall well-being of Wilmington. In essence, Cape Fear Academy makes a lasting impact by cultivating informed, compassionate, and capable individuals who are ready to contribute positively to society.
This information is meant to be a general summary of Cape Fear 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $304,920
- Program Service Revenue: $15,753,404
- Gross Receipts: $16,683,570
Assets and Liabilities:
- Total Assets: $43,901,089
- Total Liabilities: $24,613,022
- Net Assets: $19,288,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$13,081,472
OTHER EDUCATION FEES
Revenue
$2,671,932
Organization Details
Founding Year
1966
Phone
(910) 791-0287Principal Officer
Connor Keller
Main Address
3900 S College Road, Wilmington, NC, 28412
Website
www.capefearacademy.orgNTEE Category
Code: B200 - Education
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