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CARY ACADEMY IS AN INDEPENDENT COEDUCATIONAL DAY SCHOOL FOR STUDENTS IN GRADES SIX THROUGH TWELVE.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$30.5M
Program Spending
84%
of total expenses go to program services
Total Contributions
$2.8M
Total Expenses
▼$29.3M
Total Assets
$97.2M
Total Liabilities
▼$4.9M
Net Assets
$92.3M
Officer Compensation
→$1.1M
Other Salaries
$13M
Investment Income
$1.9M
Fundraising
▼$47.3K
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2023 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $30.5M | $2.8M | $29.3M | $97.2M | $92.3M |
| 2022IRS e-File | $29M | $3.2M | $28.4M | $90.9M | $87M |
| 2021 | $26.2M | $2.3M | $24.6M | $92.1M | $87.8M |
| 2020 | $23.3M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Michael Ehrhardt | President & Head Of School | 40 | $485.4K | $0 | $53.3K | $538.7K |
| Deborah Reichel | Chief Financial Officer | 40 | $296.5K | $0 | $30.6K | $327.1K |
| Alison Page | Director Of Development | 40 | $176K | $0 | $14.1K | $190K |
| Walter Davenport | Secretary | 1.3 | $0 | $0 | $0 | $0 |
| Joan Davis | Vice President | 1.3 | $0 | $0 | $0 | $0 |
Michael Ehrhardt
President & Head Of School
$538.7K
Hrs/Wk
40
Compensation
$485.4K
Related Orgs
$0
Other
$53.3K
Deborah Reichel
Chief Financial Officer
$327.1K
Hrs/Wk
40
Compensation
$296.5K
Related Orgs
$0
Other
$30.6K
Alison Page
Director Of Development
$190K
Hrs/Wk
40
Compensation
$176K
Related Orgs
$0
Other
$14.1K
Walter Davenport
Secretary
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Joan Davis
Vice President
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Marie Spell | Controller | 40 | $147.2K | $0 | $41.2K | $188.4K |
| Heather Clarkson | Director Of Enrollment Man | 40 | $148.3K | $0 | $36.8K | $185.1K |
| Robin Follet | Head Of Upper School | 40 | $152.6K | $0 |
Marie Spell
Controller
$188.4K
Hrs/Wk
40
Compensation
$147.2K
Related Orgs
$0
Other
$41.2K
Heather Clarkson
Director Of Enrollment Man
$185.1K
Hrs/Wk
40
Compensation
$148.3K
Related Orgs
$0
Other
$36.8K
Robin Follet
Head Of Upper School
$184.5K
Hrs/Wk
40
Compensation
$152.6K
Related Orgs
$0
Other
$31.9K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Aleta Payne | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Alex Udell | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Ann B Goodnight | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Ashley Perkinson | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Carl Ryden | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Dana Davis |
Aleta Payne
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Alex Udell
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Ann B Goodnight
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
| $1.5M |
| $24.3M |
| $84.5M |
| $79.9M |
| 2019 | $24.6M | $2.4M | $23.6M | $86.1M | $82M |
| 2018 | $24.6M | $2.8M | $22.6M | $84.3M | $79.9M |
| 2017 | $27.2M | $6.3M | $22.3M | $82.5M | $79.1M |
| 2016 | $21.5M | $1.1M | $22.3M | $76.3M | $73.2M |
| 2015 | $25.6M | $5.8M | $21.2M | $87.4M | $73.6M |
| 2014 | $26.2M | $7.2M | $20.2M | $82.1M | $70.6M |
| 2013 | $23.8M | $5.6M | $19.5M | $71.4M | $63.5M |
| 2012 | $32.9M | $16.1M | $19.3M | $65.6M | $58.6M |
| 2011 | $17.9M | $2.1M | $19.1M | $50.9M | $45.1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $31.9K |
| $184.5K |
| Dmitry Manakhov | Director Of Information Sv | 40 | $150.1K | $0 | $22K | $172K |
| Josette Huntress | Middle School Head | 40 | $149.2K | $0 | $15.1K | $164.3K |
Dmitry Manakhov
Director Of Information Sv
$172K
Hrs/Wk
40
Compensation
$150.1K
Related Orgs
$0
Other
$22K
Josette Huntress
Middle School Head
$164.3K
Hrs/Wk
40
Compensation
$149.2K
Related Orgs
$0
Other
$15.1K
| Member, Board Of Directors |
| 1.3 |
| $0 |
| $0 |
| $0 |
| $0 |
| Dr James H Goodnight | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Elbert Avery | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Eric Laber | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Frank Bricio | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Glenn Kleiman | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Jeremy Allen | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| John P Sall | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Julian W Rawl | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Manju Karkare | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Marcie Cohen Ferris | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Mike Curran | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Monica Udell | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Trude Bate | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Vibhav Nandagiri | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
| Virginia B Sall | Member, Board Of Directors | 1.3 | $0 | $0 | $0 | $0 |
Ashley Perkinson
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Carl Ryden
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Dana Davis
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Dr James H Goodnight
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Elbert Avery
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Eric Laber
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Frank Bricio
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Glenn Kleiman
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Jeremy Allen
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
John P Sall
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Julian W Rawl
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Manju Karkare
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Marcie Cohen Ferris
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Mike Curran
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Monica Udell
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Trude Bate
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Vibhav Nandagiri
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0
Virginia B Sall
Member, Board Of Directors
$0
Hrs/Wk
1.3
Compensation
$0
Related Orgs
$0
Other
$0