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Cary Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561934619 ✦ Cary, NC ✦ Designated as a 501(c)(3)

Overview

What is Cary Academy?

Cary Academy is an independent coeducational day school located at 1500 N Harrison Avenue in Cary, North Carolina (27513). With a mission to provide quality education, the school welcomed 784 students during the 2021-2022 academic year, encompassing grades six through twelve. The organization continued its efforts to recruit and admit new students. Cary Academy prides itself on offering an independent school education to its students. The total workforce comprises 248 dedicated employees.


Official website here: www.caryacademy.org

Is Cary Academy legitimate?

Cary Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cary Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $976,395
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,355,538

For more financial information, click here


Official website here: www.caryacademy.org

What is the mission statement of Cary Academy?

Cary Academy is a coeducational day school catering to students in grades six through twelve. Its mission is to offer an independent school education that nurtures the academic and personal growth of each student. With 784 students enrolled during the 2021-2022 academic year, the school remains committed to recruiting and admitting new students. The institution's dedication to quality education is reflected in its continued efforts to foster a learning environment that empowers students to reach their full potential.


Official website here: www.caryacademy.org

Who is the CEO of Cary Academy?

Michael Ehrhardt is the President & Head Of School of Cary Academy.


Official website here: www.caryacademy.org

What is the revenue of Cary Academy?

Cary Academy's revenue in 2022 was $28,768,362.


Official website here: www.caryacademy.org

Who are the executives of Cary Academy and what are their salaries?

The average compensation at Cary Academy during 2022 was $49,726. There are 248 employees and 715 volunteers at Cary Academy.

Here are 30 key members and their salaries:

    Michael Ehrhardt (President & Head Of School)
  • Compensation: $431,708
  • Related: $0
  • Other: $52,998

    • Deborah Reichel (Chief Financial Officer)
  • Compensation: $265,647
  • Related: $0
  • Other: $39,315

    • Karen Mckenzie (Director Of Technology And)
  • Compensation: $123,435
  • Related: $0
  • Other: $54,702

    • Alison Page (Director Of Development)
  • Compensation: $163,294
  • Related: $0
  • Other: $13,496

    • Dmitry Manakhov (Director Of Information Sv)
  • Compensation: $137,775
  • Related: $0
  • Other: $36,006

    • Heather Clarkson (Director Of Enrollment Management)
  • Compensation: $136,087
  • Related: $0
  • Other: $33,776

    • Robin Follet (Head Of Upper School)
  • Compensation: $136,057
  • Related: $0
  • Other: $26,401

    • Martina Greene (Dean Of Faculty)
  • Compensation: $133,927
  • Related: $0
  • Other: $20,091

    • Jeffrey J Eakes (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly May (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John P Sall (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia B Sall (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr James H Goodnight (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann B Goodnight (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Udell (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Davenport (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Manju Karkare (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Curran (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Sanchez (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trude Bate (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn Kleiman (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elbert Avery (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joan Davis (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Laber (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Ryden (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Cash (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Etkin (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julian White Rawl (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcie Cohen-Ferris (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aleta Payne Mcclenney (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.caryacademy.org

    Where can I find the form 990 for Cary Academy?

    The Cary Academy’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.caryacademy.org

    Learn more at the official website: www.caryacademy.org

    Mission Statement of Cary Academy

    Cary Academy, an independent coeducational day school, is dedicated to delivering a top-tier education to students in grades six through twelve. Nestled within this institution is a commitment to providing an independent school experience that fosters academic growth and personal development for its students.

    In the 2021-2022 academic year, Cary Academy welcomed 784 students into its academic community. These students were enrolled in grades six through twelve, and the school continued its recruitment and admission process. The school's mission is to offer a well-rounded education that goes beyond the classroom, preparing students for a successful future.

    Cary Academy's educational approach focuses on instilling a passion for learning and fostering an environment that encourages critical thinking and creativity. The school's dedicated faculty and staff tailor their instruction to meet each student's unique needs and learning styles. By providing a personalized education, Cary Academy empowers students to reach their full potential and thrive in their academic and personal pursuits.

    In the realm of academics, Cary Academy offers a rigorous curriculum designed to challenge students and prepare them for college and beyond. The school's academic offerings span a wide range of subjects, ensuring that students receive a comprehensive education. Additionally, Cary Academy fosters a strong sense of community, promoting collaboration and teamwork among students.

    Outside of the classroom, Cary Academy offers a variety of extracurricular activities and programs designed to ignite students' passions and help them explore their interests. These opportunities include sports teams, clubs, and service projects, allowing students to engage in meaningful experiences beyond the classroom.

    In summary, Cary Academy is a beacon of education for students in grades six through twelve, offering a personalized and challenging educational experience that prepares them for a successful future. The school's dedicated faculty and staff, rigorous curriculum, and diverse extracurricular offerings make it an ideal choice for families seeking an independent school education for their children.

    Impact

    This information is meant to be a general summary of Cary Academy. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cary Academy's impact lies in providing a high-quality independent school education for students in grades six through twelve. With a focus on academic excellence and character development, Cary Academy prepares its students to excel academically and personally. Through a diverse array of programs and extracurricular activities, the school nurtures well-rounded individuals who are equipped to succeed in higher education and beyond. With a mission rooted in providing a supportive and challenging learning environment, Cary Academy positively shapes the lives of its students and contributes to the community by fostering future leaders and scholars.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,143,160
  • Program Service Revenue: $23,113,852
  • Gross Receipts: $47,192,993

    • Assets and Liabilities:
  • Total Assets: $87,453,484
  • Total Liabilities: $4,450,775
  • Net Assets: $83,002,709
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION AND FEES

    Revenue

    $21,557,998

    OTHER INSTRUCT REVENUE

    Revenue

    $1,555,854

    Organization Details

    Founding Year

    1995

    Principal Officer

    Michael Ehrhardt

    Main Address

    1500 N HARRISON AVENUE, CARY, NC, 27513

    NTEE Category

    Code: B250 - Education

    If you are a representative of Cary Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.