Barton College FY2022 filing

Full sourced report, $150 one time

Run this nonprofit?

Your page is already built from your 990.

Claim it free to add your story, photos and a give link.

Claim it free About 2 minutes

Claim to earn a seal

Founded in 1902, Barton College is a four-year, private, liberal arts College located in wilson, N.C. The Barton experience focuses on academic excellence within a wide range of professional and liberal arts programs leading to baccalaureate and master's degrees. Barton celebrates bold thinking among faculty and staff as the College nurtures bold leadership development among students. Barton offers purposeful internships and practicums in academic disciplines, engaging co-curricular cohorts, meaningful international travel and study, research and presentation through the day of scholarship, opportunities to give back through community service, an impressive array of cultural events, and diverse athletic competition among more than 20 collegiate teams.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-0529933) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$957K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

What it does

3 programs · $44.7M · in their own filed words · FY2022
01

Instruction

Accredited academic programs with 36 majors and 41 minors for undergraduates, 6 professional programs, and 6 graduate degree programs. Serving approximately 1,100 undergraduates.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-0529933) · Dispute this line
$21.4Mprogram expense
02

Institutional aid and scholarships from endowment, restricted scholarships, and institutional discount.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-0529933) · Dispute this line
$17.8Mprogram expense
03

Auxiliary Services

Room, board, and bookstore.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-0529933) · Dispute this line
$5.6Mprogram expense

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, current with the IRS.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $2.4M a year · 5% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
89% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$957K
to officers and key staff · 2% of spending
Pay to officers and key staff is 2% of spending.
Part VII, Section A
0.5 mo
of spending, in cash
Plus $29.1M in investments, Pt X · Ln 11–13
0.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
54
named funders · $7.0M · 2019–2025
54 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$40.3M
43% of total assets
Liabilities are 43% of assets.
Pt X · Ln 26
Independent board members
23
of 23 voting members
23 of 23 voting members are independent.
Pt VI · Ln 1a–1b
Total revenue
$52.4M
+11% vs prior year
Total expenses
$50.5M
To programs
89%
Net assets
$52.8M
By yearFY2020–FY2025
Revenue
$52.4M
FY2022+11% in FY2022
Tap a bar for its year
Revenue by fiscal year
FY2020$49.8M
FY2021$47.1M
FY2022$52.4M
FY2023$49.9M
FY2024$58.5M
FY2025$52.7M
Expenses
$50.5M
FY2022+6% in FY2022
Tap a bar for its year
Expenses by fiscal year
FY2020$45.5M
FY2021$47.6M
FY2022$50.5M
FY2023$51.1M
FY2024$52.1M
FY2025$49.4M
Net assets
$52.8M
FY2022-9% in FY2022
Tap a bar for its year
Net assets by fiscal year
FY2020$53.1M
FY2021$57.9M
FY2022$52.8M
FY2023$53.7M
FY2024$59.4M
FY2025$64.1M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1952.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $44.7M Management & general 10% · $5.0M Fundraising 2% · $782K

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

Something off? Claim to add context

Who runs it and what they're paid

29 people listed on the 990; $957K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$332,005Pt VII · Sec A
VP for Enrollment and Marketing
$180,093Pt VII · Sec A
Provost & VP for Academic
$128,378Pt VII · Sec A
VP of People & Support
$110,522Pt VII · Sec A
Professor
$104,663Pt VII · Sec A
Former VP for Administration & Fi
$101,783Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dr Douglas Searcy’s $404K as President is at the 81st percentile of top reported officer pay among 3680 $10–100M 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr Douglas Searcy$404,382$401,270$371,342$332,005$316,077$303,816
Dr Gary Daynes———$128,378$184,321$179,670
Danny Davis$180,280$154,078————
Dennis Matthews$171,623$179,697$176,930$180,093$172,500$162,200
David Browning———$101,783$167,496$166,134
Victoria Morris$153,712$150,638$138,936$110,522——
Kevin Pennington$150,177$149,677$143,363———
Kelly Taranto$142,914$142,164$116,331———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization, with a nickname or small spelling change read as the same person. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Barton College executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Updates and questions

Educates students in liberal arts and professional programs, fostering bold thinking and leadership.

Our summary of the filed mission and programs (Form 990 Part III, line 4), not the words of the organization.

Questions for Barton College

Tap to ask. Questions wait here until someone from Barton College claims this page.

Your first name shows with your question. Nobody from Barton College has claimed this page yet, so no one there sees or answers questions until they do.

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · from the funders’ 2025 returns

Dated by each funder’s own filing year, which may not match this organization’s fiscal year.

See all 54 funders, 2019–2025 →
Grants paid · 6 grants · $109.9M · 2019–2024
Unitemized GrantFY2024$18,962,216
Unitemized GrantFY2023$19,584,823
Unitemized GrantFY2022$19,004,376
Unitemized GrantFY2021$17,804,990
Unitemized GrantFY2020$17,802,234
Unitemized GrantFY2019$16,729,928

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs · USAspending
Year ending Jun 2025 · $11.2M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$7.7M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.1M
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$209K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$147K

The auditor reported 4 findings: a material weakness in money controls.

Year ending Jun 2024 · $11.0M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$8.1M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.6M
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$209K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$147K

The auditor reported no findings.

Year ending Jun 2023 · $11.6M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$8.8M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.4M
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$209K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$147K

The auditor reported no findings.

Year ending Jun 2022 · $15.1M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$9.1M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$3.3M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.3M
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$209K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$147K

The auditor reported no findings.

About 21% of its revenue in the year ending Jun 2025 was federal money it spent ($11.2M of $52.7M).

Awards signed straight to it, by federal fiscal year (Oct to Sep), the last 5 years with money and the top agencies. An award is money promised, not money spent: one award can pay out over several years, so these do not add up to the money spent above. Money that came through a state or another group is not counted here. Last pulled from USAspending Nov 12, 2026.

Federal fiscal year 2026 · $3.2M in awards signed (not money spent) · other $3.2M
Department of Education$3.2M
Federal fiscal year 2025 · $3.5M in awards signed (not money spent) · other $3.5M
Department of Education$3.5M
Federal fiscal year 2024 · $3.2M in awards signed (not money spent) · other $3.2M
Department of Education$3.2M
Federal fiscal year 2023 · $2.7M in awards signed (not money spent) · other $2.7M
Department of Education$2.7M
Federal fiscal year 2022 · $1.3M in awards signed (not money spent) · other $1.3M

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$52.4M
Ln 12
Fees for servicesLn 2g$41.1M
Gifts and grantsLn 1h$8.1M
Investment incomeLn 3$3.1M
Money outPt IX
$50.5M
Ln 25
Programscol B$44.7M
Managementcol C$5.0M
Fundraisingcol D$782K
Owns and owesPt X
$52.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.3M
Total assetsLn 16$93.1M
LiabilitiesLn 26$40.3M
PeoplePt VI, VII
29
listed · VII A
PaidVII A6
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.1M
Government grantsLn 1e$4.7M
Noncash giftsLn 1g$474K
Fees for servicesLn 2g$41.1M
Investment incomeLn 3$3.1M
Other incomeLn 4–11$117K
Gains on assetsLn 7−$276K
Total revenueLn 12$52.4M
Assets in detailPt X, end of year
CashLn 1$1.7M
SavingsLn 2$530K
Cash and savings togetherLn 1–2$2.3M
Pledges and grants receivableLn 3$3.6M
Accounts receivableLn 4$1.2M
Notes and loans receivableLn 7$71K
Inventories for sale or useLn 8$39K
Prepaid expenses and deferred chargesLn 9$126K
Land, buildings, equipmentLn 10c$54.0M
InvestmentsLn 11–13$29.1M
Other assetsLn 15$2.7M
Total assetsLn 16$93.1M
LiabilitiesLn 26$40.3M
Net assetsLn 32$52.8M
OperationsPt I, VI
EmployeesI 5625
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$24.4M
Bond issues listedSch K Pt I1
Raised by those issuesSch K Pt I$25.4M
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$474K
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$185K
Share of the $29.5M endowmentSch D 1g0.63%
Typical, median of 2,380 orgs0.45%
EndowmentSch D · Pt V
LineFY22FY21FY20FY19FY18
End of yearLn 1g$29.5M$34.1M$29.9M$29.7M$29.1M
AddedLn 1b$1.2M$260K$486K$745K$606K
SpentLn 1d–1f$1.6M$2.1M$760K$1.4M$1.3M

What an endowment is and how boards run one

4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2.0M$2.3M
InvestmentsLn 11–13$33.5M$29.1M
Land, buildings, equipmentLn 10c$53.7M$54.0M
Total assetsLn 16$97.4M$93.1M
LiabilitiesLn 26$39.5M$40.3M
Net assetsLn 32$57.9M$52.8M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$17.8M$17.8M
Other salaries and wagesLn 7$12.8M$10.6M$1.8M$432K
Other employee benefitsLn 9$2.4M$2.1M$196K$87K
Investment management feesLn 11f$185K$185K
Other fees for servicesLn 11g$4.0M$3.4M$530K$85K
Advertising and promotionLn 12$237K$18K$218K$412
OccupancyLn 16$1.5M$1.3M$226K$537
TravelLn 17$982K$905K$74K$3K
Conferences, conventions and meetingsLn 19$91K$70K$20K$2K
InterestLn 20$1.7M$1.4M$254K
Depreciation, depletion and amortizationLn 22$2.7M$2.5M$224K
InsuranceLn 23$376K$216K$160K
Other expenses (24a–d)Ln 24$4.7M$3.9M$678K$130K
All other expensesLn 24e$936K$500K$395K$41K
Total functional expensesLn 25$50.5M$44.7M$5.0M$782K

The full sourced Quadrant report on Barton College

Everything above stays free. The full report adds:

  • One sourced report, every figure cited to its 990 line
  • Revenue quality
  • Compliance checks run against 4 federal lists
  • Red flags with the evaluator crosswalk
  • Peer measures

$150 one time, for this organization

Buy this report See a full sample report

In the news

Google News · GDELT · headlines that name it, last 90 days

The newest 10 shown. Only headlines with its full name (or its website) in the title count; stories that only mention it in the text are left out. Last pulled Nov 8, 2026.

Web rank

Tranco top 1M · barton.edu
Rank on Nov 10, 2026426,964
A month earlierfell 17,095 places since409,869
A quarter earlierrose 17,556 places since444,520
A year earlierrose 321,004 places since747,968

Its place among all websites; a smaller number is more traffic, and rank 1 is the busiest site on the web. Tranco blends five traffic lists (Chrome UX Report, Cloudflare Radar, Umbrella, Majestic, Farsight) over 30 days, so one busy day does not move it. Last pulled Nov 11, 2026.

University

IPEDS, US Department of Education · Barton College, Wilson, NC
TypePrivate nonprofit, 4-year or above
Size1,000 to 4,999 students
Students in the year, and first-year admissions
2023-242,228 applied · 96% admitted · 13% of those enrolled1,387
2022-232,129 applied · 95% admitted · 15% of those enrolled1,396
2021-221,955 applied · 97% admitted · 14% of those enrolled1,345
2020-213,890 applied · 42% admitted · 17% of those enrolled1,290
2019-204,244 applied · 45% admitted · 17% of those enrolled1,276

Students counts everyone enrolled at any time in the 12 months from July, not one fall day. Admissions are first-year applicants for that fall; schools that admit everyone do not report them. Last pulled Nov 9, 2026.

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $52.7M$49.4M$3.3M$64.1M 990 PDF
FY2024Filed with the IRS May 15, 2025 $58.5M$52.1M$6.4M$59.4M 990 PDF
FY2023Filed with the IRS May 15, 2024 $49.9M$51.1M−$1.2M$53.7M 990 PDF
FY2022 ViewingFiled with the IRS May 15, 2023 $52.4M$50.5M$1.8M$52.8M 990 PDF
FY2021Filed with the IRS May 13, 2022 $47.1M$47.6M−$500K$57.9M 990 PDF
FY2020Filed with the IRS May 17, 2021 $49.8M$45.5M$4.3M$53.1M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants J · Pay M · Noncash O · Explanations
See the full FY2022 990

Parts IV and V and the Schedule O notes are not shown yet: we do not hold this return's e-file. The Parts below come from the IRS data we do hold, and the full 990 PDF has every Part.

Part I · Summary $52,350,546 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,705,068$8,081,103
I-9 Program service revenuePrior year $38,997,428$41,083,817
I-10 Investment incomePrior year $907,019$2,792,631
I-11 Other revenuePrior year $464,040$392,995
I-12 Total revenuePrior year $47,073,555$52,350,546
I-13 Grants and similar amounts paidPrior year $17,802,234$17,804,990
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $14,878,707$15,227,128
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $14,892,188$17,490,764
I-18 Total expensesPrior year $47,573,129$50,522,882
I-19 Revenue less expensesPrior year −$499,574$1,827,664
Part III · Program service accomplishments 3 programs, $44,737,027 spent
III-4a Instruction: accredited academic programs with 36 majors and 41 minors for undergraduates, 6 professional programs, and 6 graduate degree programs. Serving approximately 1,100 undergraduates.$21,365,499
III-4b Institutional aid and scholarships from endowment, restricted scholarships, and institutional discount.includes $17,804,990 in grants$17,804,990
III-4c Auxiliary services: room, board, and bookstore.$5,566,538
Part VI · Governance 23 of 23 board members independent, no flags
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VII · Officers, directors and key employees 29 people listed, 6 paid by the organization
VII-1a Dr Douglas SearcyPresident$332,005
VII-1a Dennis MatthewsVP for Enrollment and Mark$180,093
VII-1a Dr Gary DaynesProvost & VP for Academic$128,378
VII-1a Victoria MorrisVP of People & Support$110,522
VII-1a John BethuneProfessor$104,663
VII-1a David BrowningFormer VP for Administration & Fi$101,783
VII-1a Bishop Valerie J MelvinTrustee$0
VII-1a Dr Daniel MichalakTrustee$0
VII-1a Dr Frank BattenTrustee$0
VII-1a Dr Gregg A DemarTrustee$0
VII-1a Dr Harlow Z HeadTrustee$0
VII-1a Dr Philip H WarrenTrustee$0
VII-1a Mr Barry F DillehayVice Board Chair$0
VII-1a Mr E Jerome VickTrustee$0
VII-1a Mr Eric SellersBoard Chair$0
VII-1a Mr G Charles Finklea JRTrustee$0
VII-1a Mr Gareth Carl HosfordTrustee$0
VII-1a Mr Garland R Homes JRTrustee$0
VII-1a Mr James C FarthingTrustee$0
VII-1a Mr James M Adams SRTrustee$0
VII-1a Mr John Floyd LeeTrustee$0
VII-1a Mr Kenneth Durwood Kennedy IIITrustee$0
VII-1a Mr Rhine SharpTrustee$0
VII-1a Mr Thomas E QuinnTrustee$0
VII-1a Mr William Dennis Adams IIITrustee$0
VII-1a Mrs Kathy D TurnerAlumini Rep$0
VII-1a Mrs Linda Dawson ConnorTrustee$0
VII-1a Mrs Phyllis Parish HowardTrustee$0
VII-1a Mrs Sheila Barker WigginsTrustee$0
Part VIII · Statement of revenue $52,350,546 across 9 lines filed
VIII-1e Government grants$4,660,748
VIII-1f All other contributions, gifts and grants$3,420,355
VIII-1g Noncash contributions (included above)$473,670
VIII-1h Total contributions, gifts and grants$8,081,103
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $41,083,817$41,083,817
VIII-3 Investment incomeExcluded from tax $3,068,433$3,068,433
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$275,802−$275,802
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $392,995$392,995
VIII-12 Total revenueRelated to mission $41,476,812 · Unrelated business $0 · Excluded from tax $2,792,631$52,350,546
Part IX · Statement of functional expenses $50,522,882 across 14 lines filed
IX-2 Grants to domestic individualsPrograms $17,804,990$17,804,990
IX-7 Other salaries and wagesPrograms $10,554,383 · Management $1,845,392 · Fundraising $432,002$12,831,777
IX-9 Other employee benefitsPrograms $2,112,277 · Management $195,602 · Fundraising $87,472$2,395,351
IX-11f Investment management feesManagement $184,597$184,597
IX-11g Other fees for servicesPrograms $3,422,300 · Management $530,399 · Fundraising $85,327$4,038,026
IX-12 Advertising and promotionPrograms $18,266 · Management $217,834 · Fundraising $412$236,512
IX-16 OccupancyPrograms $1,292,959 · Management $225,842 · Fundraising $537$1,519,338
IX-17 TravelPrograms $905,234 · Management $73,644 · Fundraising $3,394$982,272
IX-19 Conferences, conventions and meetingsPrograms $70,084 · Management $19,708 · Fundraising $1,667$91,459
IX-20 InterestPrograms $1,401,675 · Management $254,349$1,656,024
IX-22 Depreciation, depletion and amortizationPrograms $2,503,464 · Management $223,621$2,727,085
IX-23 InsurancePrograms $216,341 · Management $159,667$376,008
IX-24 Other expenses (24a–d)Programs $3,935,270 · Management $678,112 · Fundraising $129,833$4,743,215
IX-24e All other expensesPrograms $499,784 · Management $395,038 · Fundraising $41,406$936,228
IX-25 Total functional expensesPrograms $44,737,027 · Management $5,003,805 · Fundraising $782,050$50,522,882
Part X · Balance sheet $93,087,460 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $1,272,288$1,743,978
X-2 Savings and temporary cash investmentsStart of year $736,176$529,588
X-3 Pledges and grants receivableStart of year $4,244,128$3,595,224
X-4 Accounts receivableStart of year $855,373$1,180,309
X-7 Notes and loans receivableStart of year $91,123$70,710
X-8 Inventories for sale or useStart of year $29,829$38,895
X-9 Prepaid expenses and deferred chargesStart of year $148,515$126,175
X-10c Land, buildings and equipment, netStart of year $53,681,717$54,020,960
X-12 Other securitiesStart of year $33,474,496$29,122,201
X-15 Other assetsStart of year $2,860,390$2,659,420
X-16 Total assetsStart of year $97,394,035$93,087,460
X-17 Accounts payable and accrued expensesStart of year $3,470,276$3,830,208
X-19 Deferred revenueStart of year $2,819,031$2,569,484
X-20 Tax-exempt bond liabilitiesStart of year $24,851,297$24,397,479
X-23 Secured mortgages and notes payableStart of year $7,153,344$8,798,032
X-24 Unsecured notes and loans payableStart of year $30,000$15,000
X-25 Other liabilitiesStart of year $1,129,704$654,284
X-26 Total liabilitiesStart of year $39,453,652$40,264,487
X-27 Net assets without donor restrictionsStart of year $17,032,245$16,908,961
X-28 Net assets with donor restrictionsStart of year $40,908,138$35,914,012
X-32 Total net assets or fund balancesStart of year $57,940,383$52,822,973
X-33 Total liabilities and net assetsStart of year $97,394,035$93,087,460
Part XI · Reconciliation of net assets $52,822,973 net assets at year end
XI-1 Total revenue$52,350,546
XI-2 Total expenses$50,522,882
XI-3 Revenue less expenses$1,827,664
XI-4 Net assets at start of year$57,940,383
XI-5 Net unrealized gains (losses) on investments−$6,815,005
XI-6 Donated services and use of facilities$6,993
XI-9 Other changes in net assets−$137,062
XI-10 Net assets at end of year$52,822,973

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar: Coe-Brown Northwood Academy · North Raleigh Christian Academy · Wake Preparatory Academy · Steele Canyon High School · Asheville Christian Academy INC · Sweet Briar Institute

Similar organizations you could support · Compare with another nonprofit

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

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. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home 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, contact the filing organization or the IRS directly.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.