Totals
- Total revenue
- $4,308,745
- Total expenses
- $4,111,228
- Contributions and grants received
- $105,321
- Grants paid
- $0
- Program service revenue
- $3,907,510
- Investment income
- $3,457
- Other revenue
- $292,457
- Total assets, end of year
- $3,994,680
- Total liabilities, end of year
- $925,356
- Net assets or fund balances, end of year
- $3,069,324
- Program services expenses (Part IX)
- $3,425,978
- Management and general expenses
- $592,654
- Fundraising expenses
- $92,596
- Program service expenses (Part III)
- $3,425,978
Program services were 83.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$105,321
-
2a · Program service revenue: TUITION AND FEES
total $3,513,890 · excluded $3,513,890
-
2b · Program service revenue: ATHLETIC AND LITERARY INCOME
total $223,468 · excluded $223,468
-
2c · Program service revenue: CLASSES AND CLUBS
total $98,566 · excluded $98,566
-
2d · Program service revenue: BUS OPERATIONS
total $71,586 · excluded $71,586
-
3 · Investment income
total $3,457 · excluded $3,457
-
8a · Fundraising events: gross income
$153,175
-
8c · Net income from fundraising events
total $153,175 · excluded $153,175
-
10a · Gross sales of inventory
$346,902
-
10b · Cost of goods sold
$228,496
-
10c · Net income from sales of inventory
total $118,406 · excluded $118,406
-
11a · Other revenue: LEASE
total $14,892 · related or exempt $14,892
-
11b · Other revenue: OTHER
total $5,984 · excluded $5,984
-
11e · Other revenue, total
$20,876
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $2,224,580 · program services $1,859,866 · management and general $364,714
-
9 · Other employee benefits
total $76,836 · program services $76,836
-
10 · Payroll taxes
total $149,637 · program services $121,736 · management and general $27,901
-
12 · Advertising and promotion
total $9,551 · program services $9,551
-
13 · Office expenses
total $141,625 · management and general $141,625
-
17 · Travel
total $24,519 · program services $24,519
-
20 · Interest
total $3,692 · program services $3,692
-
22 · Depreciation, depletion and amortization
total $154,585 · program services $154,585
-
23 · Insurance
total $70,742 · program services $70,742
-
24a · Other expenses: ATHLETIC/LITERARY EXP
total $316,039 · program services $316,039
-
24b · Other expenses: SUPPLIES
total $197,876 · program services $197,876
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $100,460 · program services $100,460
-
24d · Other expenses: UTILITIES
total $94,480 · program services $94,480
-
24e · All other expenses
total $546,606 · program services $395,596 · management and general $58,414 · fundraising $92,596
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $525,551 · end of year $444,286
-
2 · Savings and temporary cash investments
beginning of year $102,547 · end of year $105,332
-
4 · Accounts receivable
beginning of year $52,587 · end of year $77,399
-
8 · Inventories for sale or use
beginning of year $17,169 · end of year $17,169
-
9 · Prepaid expenses and deferred charges
beginning of year $209,225 · end of year $218,098
-
10a · Land, buildings and equipment: cost or other basis
$5,135,797
-
10b · Land, buildings and equipment: accumulated depreciation
$2,577,165
-
10c · Land, buildings and equipment, net
beginning of year $2,088,724 · end of year $2,558,632
-
11 · Investments: publicly traded securities
beginning of year $24,035 · end of year $26,053
-
12 · Investments: other securities
beginning of year $481,371 · end of year $547,711
-
17 · Accounts payable and accrued expenses
beginning of year $9,340 · end of year $13,693
-
19 · Deferred revenue
beginning of year $573,217 · end of year $699,704
-
25 · Other liabilities
beginning of year $70,260 · end of year $211,959
-
27 · Net assets without donor restrictions
beginning of year $2,258,392 · end of year $2,521,215
-
28 · Net assets with donor restrictions
beginning of year $590,000 · end of year $548,109
Mission and programs · 2023
Mission
TO DEVELOP THE MIND, BODY AND SPIRIT OF STUDENTS ATTENDING PIEDMONT ACADEMY IN A SAFE, MORAL ENVIRONMENT THAT INVITES FAMILY PARTICIPATION AND PROMOTES STUDENT OPPORTUNITY BY ADHERING TO JUDEO CHRISTIAN VALUES.
-
OPERATION OF SCHOOL GRADES K3-12
Expenses $3,425,978 · Revenue $3,907,510
-
NONE
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jim BradleyJIM BRADLEY
BOARD MEMBER
- Total calculated
- $0
-
Russell DownsRUSSELL DOWNS
CHAIRMAN
- Total calculated
- $0
-
Scotty DumasSCOTTY DUMAS
BOARD MEMBER
- Total calculated
- $0
-
Scott FairclothSCOTT FAIRCLOTH
BOARD MEMBER
- Total calculated
- $0
-
Maurice JacksonMAURICE JACKSON
TREASURER
- Total calculated
- $0
-
Kimberly MeredithKIMBERLY MEREDITH
BOARD MEMBER
- Total calculated
- $0
-
Judy NelsonJUDY NELSON
SECRETARY
- Total calculated
- $0
-
Johnny SmithJOHNNY SMITH
BOARD MEMBER
- Total calculated
- $0
-
Tyson WilkersonTYSON WILKERSON
BOARD MEMBER
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541299349303029
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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