First Presbyterian Academy Inc

Organization Overview

First Presbyterian Academy Inc, operating under the name The Academy at Shannon Forest and The Academy Downtown, is located in Greenville, SC. The organization was established in 2019. 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 06/2022, Academy at Shannon Forest and The Academy Downtown employed 167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy at Shannon Forest and The Academy Downtown 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, Academy at Shannon Forest and The Academy Downtown generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $5.2m during the year ending 06/2022. While expenses have increased by 0.8% per year over the past 2 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

FIRST PRESBYTERIAN ACADEMY IS A CHRISTIAN COMMUNITY DEDICATED TO PROVIDING A PREMIER COLLEGE PREPARATORY EDUCATION, GROUNDED IN A BIBLICAL WORLD VIEW WHICH DEVELOPS CHARACTER IN STUDENTS FROM VARIED BACKGROUNDS FOR A LIFETIME OF LEARNING AND SERVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FIRST PRESBYTERIAN ACADEMY, INC PROVIDES A QUALITY COLLEGE PREPARATORY CHRISTIAN EDUCATION FOR GRADES K2-12


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Board, Officers & Key Employees

Name (title)Compensation
Tom Roe
Head Of School
$111,150
Chris Wright
Board Chair
$0
Lee Powell
Board Vice Chair
$0
Debbie Martin
Board Member
$0
Harry Ussery
Board Member
$0
Bill Knight
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,491,311
All other contributions, gifts, grants, and similar amounts not included above$177,263
Noncash contributions included in lines 1a–1f $99
Total Revenue from Contributions, Gifts, Grants & Similar$1,668,574
Total Program Service Revenue$5,250,931
Investment income $1,906
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,002,050

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