Oak Mountain Academy Inc is located in Carrollton, GA. The organization was established in 1967. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Oak Mountain Academy Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oak Mountain 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, Oak Mountain Academy Inc generated $4.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $3.3m during the year ending 06/2022. While expenses have increased by 3.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OAK MOUNTAIN ACADEMY PROVIDES A CHALLENGING COLLEGE-PREPARATORY EDUCATION IN A SAFE FAMILY ENVIRONMENT. THE SCHOOL NURTURES THE ETHICAL, SPIRITUAL AND PHYSICAL DEVELOPMENT OF STUDENTS AS THEY BECOME CONFIDENT LEADERS INSPIRED TO SERVE. THE ABOVE STATED MISSION IS ACHIEVED THROUGH AN ACTIVE ATHLETIC PROGRAM PROVIDING OVER 15 DIFFERENT SPORTING OPPORTUNITIES, A THRIVING ARTS PROGRAM INCLUDING CURRICULA AND CO-CURRICULA OPPORTUNITIES FOR EVERY CHILD, AND A HIGH ACHIEVING ACADEMIC PROGRAM THAT INCLUDES A VARIETY OF HONOR SOCIETIES AND ACADEMIC CLUB OPPORTUNITIES. THESE MISSION DRIVEN ACTIVITIES ARE FUNDED PRIMARILY THROUGH THE BOOSTER CLUB GOLF TOURNAMENT, THE PVA FALL FESTIVAL AND THE DEVELOPMENT OFFICE SPRING GALA AND AUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OPROVIDED FAITH-BASED, NON-DENOMINATIONAL, COLLEGE-PREPARATORY EDUCATION FOR STUDENTS IN PRE-KINDERGARTEN 3-YEAR-OLD THROUGH TWELFTH GRADE WITH APPROXIMATELY 204 STUDENTS. HISTORICALLY, 100% OF OMA STUDENTS CONTINUE TO GRADUATE AND MATRICULATE TO COLLEGES AND UNIVERSITIES THROUGHOUT THE UNITED STATES. MEMBERS OF THE CLASS OF 2022'S SAT AND ACT SCORES EXCEEDED LOCAL, STATE, AND NATIONAL AVERAGES. SCHOLARSHIP OFFERS IN 2022 REACHED APPROXIMATELY $1.4 MILLION. COMMUNITY SERVICE HOURS SCHOOLWIDE TOTALED MORE THAN 5,000. THE ACADEMY OFFERED FINANCIAL ASSISTANCE TO QUALIFYING STUDENTS IN THE AMOUNT OF $148,526.55. OAK MOUNTAIN ACADEMY CONTINUES TO FOCUS ON A VARIED CURRICULUM WITH EACH STUDENT EXPERIENCING ART, MUSIC, PE/HEALTH, TECHNOLOGY, DRAMA FOREIGN LANGUAGE, AND A CORE CURRICULUM ENHANCED BY ADVANCED PLACEMENT CLASSES, AND THE OPPORTUNITY TO PARTICIPATE IN GEORGIA'S DUAL ENROLLMENT PROGRAMS. DURING THE PAST FIVE YEARS, THE "HOUSE SYSTEM" WAS INTRODUCED AND EXPANDED IN THE MIDDLE SCHOOL AND PLACED-BASED LEARNING WAS IMPLEMENTED AND CONTINUES IN THE LOWER SCHOOL. A FOCUS ON WORK ETHICS AND CITIZENSHIP, THE "TOTAL WARRIOR PROGRAM," WAS INTRODUCED IN THE UPPER SCHOOL. TECHNOLOGY INSTRUCTION WAS FURTHER ENHANCED WITH THE ADDITION OF SEVERAL COMPUTER SCIENCE COURSES IN THE DIVISIONS. INSTRUCTIONAL CAMERAS FOR REMOTE LEARNING WERE ALSO UTILIZED IN ALL CLASSROOMS FOR THOSE FAMILIES WHO ARE NOT COMFORTABLE HAVING THEIR STUDENT SEATED IN A CLASSROOM FOR DIRECT INSTITUTION. EFFORTS CONTINUED TO PROVIDE A STEAM APPROACH ACROSS THE CURRICULUM, AS WELL AS AN INCREASED FOCUS ON RESEARCH-BASED WRITING. ADDITIONALLY, A FULL-TIME COUNSELOR PROVIDED COUNSELING SERVICES, AS WELL AS CHARACTER-BASED INSTRUCTION. EFFORTS CONTINUED BY THE FACULTY TO GROW PROFESSIONALLY AS PARTICIPATION IN PROFESSIONAL DEVELOPMENT OPPORTUNITIES ARE REQUIRED. TEACHERS STRIVE TO MEET THE NEEDS OF ALL STUDENTS WHILE PROVIDING AN IN SEAT AND VIRTUAL EDUCATIONAL ENVIRONMENT THAT IS BOTH NURTURING AND CHALLENGING. EXCEEDING EXPECTATIONS BOTH IN AND OUT OF THE CLASSROOM IS REQUIRED, AND A DEDICATED COMMITMENT TO THE MISSION AND THE FAITH-BASED VALUES ON WHICH THE ACADEMY WAS FOUNDED CONTINUES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patrick Yuran Headmaster | Officer | 100 | $169,100 |
Karen Middlebrooks Chairman | OfficerTrustee | 1 | $0 |
Ken Barber Treasurer | OfficerTrustee | 1 | $0 |
Maria Bartlett Vice Chair | OfficerTrustee | 1 | $0 |
Bunny Godard Secretary | OfficerTrustee | 1 | $0 |
Brian Bain Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $4,970 |
Fundraising events | $55,409 |
Related organizations | $0 |
Government grants | $1,356,699 |
All other contributions, gifts, grants, and similar amounts not included above | $250,686 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,667,764 |
Total Program Service Revenue | $2,610,539 |
Investment income | $4,462 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $6,205 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$8,436 |
Net Income from Gaming Activities | $1,280 |
Net Income from Sales of Inventory | $1,387 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,304,707 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $148,527 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $169,100 |
Compensation of current officers, directors, key employees. | $56,367 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,715,121 |
Pension plan accruals and contributions | $15,845 |
Other employee benefits | $5,103 |
Payroll taxes | $136,757 |
Fees for services: Management | $0 |
Fees for services: Legal | $150 |
Fees for services: Accounting | $8,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $159,910 |
Advertising and promotion | $22,348 |
Office expenses | $14,803 |
Information technology | $23,754 |
Royalties | $0 |
Occupancy | $136,069 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $797 |
Interest | $33,452 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $194,545 |
Insurance | $76,125 |
All other expenses | $118,710 |
Total functional expenses | $3,264,611 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $196,439 |
Savings and temporary cash investments | $724,025 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,332 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,384 |
Net Land, buildings, and equipment | $3,142,796 |
Investments—publicly traded securities | $157,524 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,028,445 |
Total assets | $5,261,945 |
Accounts payable and accrued expenses | $180,255 |
Grants payable | $0 |
Deferred revenue | $913,825 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $795,268 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,889,348 |
Net assets without donor restrictions | $2,635,934 |
Net assets with donor restrictions | $736,663 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,261,945 |
Over the last fiscal year, we have identified 4 grants that Oak Mountain Academy Inc has recieved totaling $100,828.
Awarding Organization | Amount |
---|---|
Community Foundation Of West Georgia Inc Carrollton, GA PURPOSE: PROGRAM | $55,016 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $25,559 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $253 |
Beg. Balance | $322,239 |
Earnings | $1,196 |
Ending Balance | $323,435 |
Organization Name | Assets | Revenue |
---|---|---|
Christ School Inc Arden, NC | $45,623,697 | $22,399,762 |
Southside Christian School Upstate Simpsonville, SC | $26,226,649 | $22,389,092 |
St Davids School Raleigh, NC | $32,628,531 | $17,520,873 |
Admiral Farragut Academy Inc St Petersburg, FL | $21,987,210 | $17,628,245 |
Webb School Bell Buckle, TN | $70,401,090 | $18,551,010 |
The Pepin Academies Inc Riverview, FL | $29,193,079 | $15,292,981 |
American Hebrew Academy Inc Greensboro, NC | $66,328,577 | $16,098,225 |
Oak Hall Private School Gainesville, FL | $28,822,361 | $15,634,041 |
Atlanta Jewish Academy Inc Atlanta, GA | $22,350,554 | $15,415,216 |
University School Of Jackson Jackson, TN | $24,986,142 | $15,584,581 |
The Felicia Penzell Weber Jewish Community High School Inc Atlanta, GA | $43,433,763 | $21,423,275 |
St Josephs Catholic School Inc Greenville, SC | $14,971,658 | $11,855,482 |