2026-05-11T08:18:06-05:00 2025-06-30 510229493 BARBACANE THORNTON & COMPANY LLP 503 CARR ROAD WILMINGTON DE 19809 990 2024-07-01 510394512 SUSSEX ACADEMY OF ARTS & SCIENCES INC SUSS 3028563636 21150 AIRPORT ROAD GEORGETOWN DE 199475573 KYLE BENTLEY HEAD OF SCHOOL 3028563636 2026-05-11 1 JOSEPH MANFRE CPA P01982332 3024788940 2026-05-11 2024 2025-03-06 01:10:19Z JENNIFER DONAHUE 21150 AIRPORT ROAD GEORGETOWN DE 199475573 17684071 0 X WWW.SUSSEXACADEMY.ORG X 1997 DE THE MISSION OF THE SUSSEX ACADEMY IS TO PREPARE STUDENTS FOR FUTURE ACADEMIC SUCCESS BY PROVIDING AN ACCELERATED, SUPPORTIVE ACADEMIC ENVIRONMENT WITHIN A SMALL SCHOOL SETTING. 13 13 0 0 0 0 15223759 16699044 536184 598253 124277 156866 113265 229908 15997485 17684071 0 0 0 0 12934132 13158317 0 0 0 3617556 3823732 16551688 16982049 -554203 702022 34856777 33140486 57599448 55169585 -22742671 -22029099 THE MISSION OF THE SUSSEX ACADEMY IS TO PREPARE STUDENTS FOR FUTURE ACADEMIC SUCCESS BY PROVIDING AN ACCELERATED, SUPPORTIVE ACADEMIC ENVIRONMENT WITHIN A SMALL SCHOOL SETTING. 0 0 15366836 598253 THE SUSSEX ACADEMY SERVES STUDENTS IN GRADES K - 12 IN A RIGOROUS AND CHALLENGING ACADEMIC ENVIRONMENT THAT PREPARES THEM FOR EXCELLENCE AFTER GRADUATION. DURING FISCAL YEAR 2024, THE ACADEMY HAD 1170 STUDENTS ENROLLED . 15366836 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X THE ORGANIZATION 3028563636 21150 AIRPORT ROAD GEORGETOWN DE 199475573 SHANTE HASTINGS BOARD TREASURER 5.00 X X 0 0 0 ED HALE BOARD VICE PRESIDENT 5.00 X X 0 0 0 AMY GOODHUE BOARD MEMBER 5.00 X 0 0 0 JILL GREEN BOARD MEMBER 5.00 X 0 0 0 ADRIAN MOBILIA BOARD MEMBER 5.00 X 0 0 0 JENNIFER DONAHUE BOARD PRESIDENT 5.00 X X 0 0 0 PATCHES HILL BOARD MEMBER 5.00 X 0 0 0 LANCE MANLOVE BOARD MEMBER 5.00 X 0 0 0 MEGAN REED 7124-123124 TEACHER REPRESENTATIVE 40.00 X 40678 0 25696 JUSTINA THOMAS BOARD MEMBER 5.00 X 0 0 0 ERIN PERCHINIAK BOARD MEMBER 5.00 X 0 0 0 CHRISTOPHER MOODY BOARD MEMBER EMERITUS 5.00 X 0 0 0 LAUREN HVORECNY 22824-63024 TEACHER REPRESENTATIVE 40.00 X 24426 0 12196 TOM CLARK BOARD MEMBER 5.00 X 0 0 0 JOSEPH SCHELL BOARD MEMBER EMERITUS 5.00 X 0 0 0 KYLE BENTLEY HEAD OF SCHOOL 40.00 X 71613 0 32135 JANET OWENS ASST DEAN MIDDLE/HIGH SCHO 40.00 X 125510 0 46173 CONNIE HENDRICKS DEAN OF ELEMENTARY SCHOOL 40.00 X 113498 0 37796 SHERRY MACBURY DEAN OF MIDDLE/HIGH SCHOOL 40.00 X 121758 0 23704 JEFFREY SHADE DIRECTOR OF INFORMATION TE 40.00 X 110872 0 54274 608355 0 231974 4 0 0 0 0 16543187 155857 16699044 SWIMMING POOL 611600 486781 486781 FOOD SERVICE 611600 92395 92395 FACILITIES RENTAL 611600 19077 19077 598253 156866 156866 MISCELLANEOUS 611600 229908 229908 229908 17684071 598253 0 386774 854444 768142 86302 7297637 6560545 737092 1772159 1593163 178996 2647793 2380355 267438 586284 527067 59217 27406 24638 2768 27200 24453 2747 702116 631199 70917 3404 3060 344 61724 55490 6234 268663 241527 27136 353056 317396 35660 1164 1046 118 966441 868826 97615 84854 76283 8571 TRANSPORTATION 899838 899838 REPAIRS AND MAINTENANCE 185706 166949 18757 OTHER SUPPLIES 151488 136187 15301 INSTRUCTIONAL SUPPLIES 85772 85772 4900 4900 16982049 15366836 1615213 0 3422667 4660799 657986 28808901 10876338 18358676 17932563 13075434 9889138 34856777 33140486 1795900 2047423 55803548 53122162 57599448 55169585 X 0 0 0 0 -22742671 -22029099 -22742671 -22029099 34856777 33140486 702022 11550 0 X X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24619747 8399494 16220253 899709 511654 388055 3289445 1965190 1324255 17932563 DEFERRED OUTFLOWS RELATED TO PENSION 3253072 DEFERRED OUTFLOWS RELATED TO OPEB 6636066 9889138 LEASES PAYABLE 18502650 COMPENSATED ABSENCES 867398 NET PENSION LIABILITY 4067251 NET OPEB LIABILIITY 20416813 DEFERRED INFLOW - OPEB 9015881 DEFERRED INFLOW - PENSION 252169 53122162 X 17684071 0 17684071 0 17684071 16982049 0 16982049 0 16982049 PART X, LINE 2: NO PROVISION HAS BEEN MADE FOR INCOME TAXES SINCE THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3), AND ITS ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. GENERALLY ACCEPTED ACOUNTING PRINCIPLES PRESCRIBE RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE SCHOOL'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE SCHOOL DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE SCHOOL'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE SCHOOL WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE. 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 4 THE ACADEMY DOES NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL AID TO ITS STUDENTS, AS THE ACADEMY IS A PUBLIC CHARTER SCHOOL AND DOES NOT CHARGE TUITION TO ITS STUDENTS. THE ACADEMY IS ALSO FULLY SUPPORTED THROUGH GRANTS AND FUNDING FROM THE STATE AND LOCAL SCHOOL DISTRICTS, AND THEREFORE DOES NOT SOLICIT CONTRIBUTIONS FROM OUTSIDE ORGANIZATIONS. SCHEDULE E, PART I, LINE 6 THE ACADEMY RECEIVES FUNDING FROM THE FEDERAL GOVERNMENT AND THE STATE OF DELAWARE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS ARE REQUIRED TO DISCLOSE ALL POTENTIAL CONFLICTS. ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE BOARD AT REGULAR BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 INFORMATION GATHERED FROM OTHER SCHOOLS WAS USED TO DEVELOP A RANGE FOR COMPENSATION FOR THE HEAD OF SCHOOL AND OTHER MANAGEMENT AND TEACHING POSITIONS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 AND FORM 1023 ARE AVAILABLE UPON REQUEST. ADDITIONALLY, FORM 990 IS AVAILABLE ON CANDID.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGES FROM THE PRIOR YEAR.