Beaufort Academy Inc

Organization Overview

Beaufort Academy Inc is located in Beaufort, SC. The organization was established in 1976. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Beaufort Academy Inc employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaufort Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Beaufort Academy Inc generated $5.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $5.3m during the year ending 06/2022. While expenses have increased by 6.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ACADEMY IS A PRIVATE COEDUCATIONAL INDEPENDENT COLLEGE PREPARATORY SCHOOL WITH PRE-KINDERGARTEN THROUGH TWELFTH GRADE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL INSTITUTION PROVIDING EDUCATIONAL SERVICE TO GENERALPUBLIC FOR A FEE, GRADES K-2 THROUGH 12 (APPROX. 342 STUDENTS)INCLUDING MUSIC, ART, ATHLETICS & COMPUTERS.


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Board, Officers & Key Employees

Name (title)Compensation
Courtney Worrell
Secretary
$0
Cecil Mitchell
Trustee
$0
Phillip Lynn
Treasurer
$0
Mary Lohr
Vice-President
$0
Katie Huebel
President
$0
Ben Coppage
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$141,117
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$141,117
Total Program Service Revenue$4,556,787
Investment income $2,022
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,645
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $71,685
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,353,337

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