Cambridge Academy

Organization Overview

Cambridge Academy is located in Greenwood, SC. The organization was established in 1968. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Cambridge Academy employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cambridge Academy 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 06/2021, Cambridge Academy generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. While expenses have increased by 4.2% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

CAMBRIDGE ACADEMY BELIEVES THAT HIGH ACADEMIC EXPECTATIONS WITHIN AN ATMOSPHERE OF CARING AND MUTUAL RESPECT GENERATE THE MOST EFFECTIVE COLLEGE PREPARATORY EDUCATION POSSIBLE. THE SCHOOLS PHILOSOPHY AFFIRMS THAT EACH INDIVIDUAL IS OF INFINITE WORTH AND DIGNITY. CAMBRIDGE ACADEMY SEEKS STUDENT APPLICANTS OF ALL RACES, RELIGIONS, AND NATIONALITIES. WE STRIVE TO ASSIST EACH STUDENT TO REACH HIS OR HER POTENTIAL INTELLECTUALLY, SOCIALLY, EMOTIONALLY, AND SPIRITUALLY. CAMBRIDGE ACADEMY CONSISTENTLY NURTURES A LOVE OF LEARNING THAT WILL ENABLE STUDENTS TO RESPOND ENTHUSIASTICALLY TO A LIFETIME OF CHALLENGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CAMBRIDGE ACADEMY IS AN INDEPENDENT (PRIVATE) SCHOOL IN GREENWOOD, SC WHICH PROVIDES EDUCATIONAL SERVICES TO GRADES PRE-PRIMARY THROUGH 12TH GRADE.


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Board, Officers & Key Employees

Name (title)Compensation
Lori Anne Tunstall Hagood
Head Of Scho
$90,000
Adam Bacot
Treasurer
$0
Jennifer Mapes
Chair
$0
Joel Myers
Vice Chair
$0
Mark Askew
Trustee
$0
Liz Bolton
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $196,700
All other contributions, gifts, grants, and similar amounts not included above$115,917
Noncash contributions included in lines 1a–1f $5,000
Total Revenue from Contributions, Gifts, Grants & Similar$312,617
Total Program Service Revenue$1,231,636
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $7,413
Net Income from Gaming Activities $1,885
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,553,551

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Cambridge Academy has recieved totaling $40,000.

Awarding OrganizationAmount
Barnabus Fund

Greenwood, SC

PURPOSE: EDUCATIONAL PURPOSES

$40,000
View Grant Recipient Profile

Peer Organizations

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Atlanta, GA
$25,058,941
Hammond School
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$20,190,119
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$19,874,947
Summit School Inc
Winstonsalem, NC
$18,682,492
North Cobb Christian School Inc
Kennesaw, GA
$22,180,039
Piedmont Community Charter School
Gastonia, NC
$16,321,598
Franklin Academy Inc
Wake Forest, NC
$17,154,874
Rabbi Harry H Epstein School Inc
Sandy Springs, GA
$15,062,509
The Alfred And Adele Davis Academy Inc
Atlanta, GA
$18,707,941
Stratford Academy Inc
Macon, GA
$15,089,989
Spartanburg Day School
Spartanburg, SC
$27,162,424
Duke School
Durham, NC
$11,500,577

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