Clearwater Academy INC

Tax-deductible

Tyrone, GA501(c)(3)Since 2008EducationEIN 46-4705140Revenue $1.2M in FY2025

On file with the IRS210 Greencastle Rd, 30290-2943 · Tyrone, GATax-exempt since Aug 2014School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

Discovering strengths. Creating hope.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$101K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $116K a year · 11% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$101K
to officers and key staff · 9% of spending
Top officer’s pay lower than 68% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 9.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $7K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$964K
52% of total assets
Fine: liabilities are 52% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+5% vs prior year
Spent
$1.1M
To programs
68%
Net assets
$880K
By yearFY2021–FY2025
Revenue
$1.2M
FY2025▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2021$892K
FY2022$1.0M
FY2023$1.2M
FY2024$1.2M
FY2025$1.2M
Expenses
$1.1M
FY2025▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2021$853K
FY2022$934K
FY2023$1.0M
FY2024$1.0M
FY2025$1.1M
Net assets
$880K
FY2025▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2021$342K
FY2022$445K
FY2023$613K
FY2024$752K
FY2025$880K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $743K Management & general 23% · $255K Fundraising 8% · $90K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

7 people listed on the 990; $101K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$101,234Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Thomas Collins’s $101K as Director is at the 32nd percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Thomas Collins$101,234$40,816———
Heidi Johnson—$34,615$86,942$77,500$78,181

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Clearwater Academy INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowering individuals to find their strengths and build a hopeful future.

Questions for Clearwater Academy INC

Tap to ask. Clearwater Academy INC sees how many people are interested.

Your first name shows with your question. Clearwater Academy INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $743K · in their own filed words · FY2024
01

Clearwater academy is a private school whose aim is to provide a learning environment for those with learning differences.

$743Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$7K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$1.0M
Gifts and grantsLn 1h$168K
Investment incomeLn 3$24K
Money outPt IX
$1.1M
Ln 25
Programscol B$743K
Managementcol C$255K
Fundraisingcol D$90K
Owns and owesPt X
$880K
net assets · Ln 32
Cash and savingsLn 1–2$870K
Total assetsLn 16$1.8M
LiabilitiesLn 26$964K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$168K
Fees for servicesLn 2g$1.0M
Investment incomeLn 3$24K
Gains on assetsLn 7$0
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$870K
SavingsLn 2$0
Cash and savings togetherLn 1–2$870K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$974K
Other assetsLn 15$0
Total assetsLn 16$1.8M
LiabilitiesLn 26$964K
Net assetsLn 32$880K
OperationsPt I, VI
EmployeesI 515
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$741K$870K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.0M$974K
Total assetsLn 16$1.7M$1.8M
LiabilitiesLn 26$992K$964K
Net assetsLn 32$752K$880K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$101K$71K$25K$5K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$700K$511K$140K$49K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$3K$2K$158
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$13K$10K$2K$769
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$39K$10K$29K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$26K$20K$7K
InsuranceLn 23$21K$5K$16K
Other expenses (24a–d)Ln 24$165K$94K$36K$35K
All other expensesLn 24e$21K$20K$861$215
Total functional expensesLn 25$1.1M$743K$255K$90K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.2M$1.1M$128K$880K 990 PDF
FY2024 $1.2M$1.0M$139K$752K 990 PDF
FY2023 $1.2M$1.0M$168K$613K 990 PDF
FY2022 $1.0M$934K$103K$445K 990 PDF
FY2021 $892K$853K$40K$342K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,216,731 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $139,589$168,407
I-9 Program service revenuePrior year $981,911$1,023,886
I-10 Investment incomePrior year $35,705$24,438
I-11 Other revenue$0
I-12 Total revenuePrior year $1,157,205$1,216,731
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $775,597$801,208
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $242,660$287,450
I-18 Total expensesPrior year $1,018,257$1,088,658
I-19 Revenue less expensesPrior year $138,948$128,073
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,216,731 across 9 lines filed
VIII-1a Federated campaigns$168,407
VIII-1h Total contributions, gifts and grants$168,407
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,023,886$1,023,886
VIII-3 Investment incomeRelated to mission $24,438$24,438
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,048,324$1,216,731
Part IX · Statement of functional expenses $1,088,658 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $70,864 · Management $25,308 · Fundraising $5,062$101,234
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $510,981 · Management $139,995 · Fundraising $48,998$699,974
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $2,483 · Fundraising $158$2,641
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $10,250 · Management $1,795 · Fundraising $769$12,814
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $9,740 · Management $29,218$38,958
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $19,788 · Management $6,596$26,384
IX-23 InsurancePrograms $5,249 · Management $15,746$20,995
IX-24 Other expenses (24a–d)Programs $93,943 · Management $35,950 · Fundraising $34,986$164,879
IX-24e All other expensesPrograms $19,703 · Management $861 · Fundraising $215$20,779
IX-25 Total functional expensesPrograms $743,001 · Management $255,469 · Fundraising $90,188$1,088,658
Part X · Balance sheet $1,843,944 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $740,901$869,793
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $2,442$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $1,000,535$974,151
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,743,878$1,843,944
X-24 Unsecured notes and loans payableStart of year $139,284$140,000
X-26 Total liabilitiesStart of year $991,661$963,652
X-27 Net assets without donor restrictionsStart of year $752,217$880,292
X-32 Total net assets or fund balancesStart of year $752,217$880,292
X-33 Total liabilities and net assetsStart of year $1,743,878$1,843,944
Part XI · Reconciliation of net assets $880,292 net assets at year end
XI-1 Total revenue$1,216,731
XI-2 Total expenses$1,088,658
XI-3 Revenue less expenses$128,073
XI-4 Net assets at start of year$752,217
XI-9 Other changes in net assets$2
XI-10 Net assets at end of year$880,292

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.