Public Charity

CHESAPEAKE BAY ACADEMY

Based in VIRGINIA BEACH, VA, CHESAPEAKE BAY ACADEMY operates as a Public Charity. The organization reported $4.0M in revenue, $4.5M in expenses, $4.8M in total assets for fiscal year 2025. Imperigo tracks 46 reported grant relationships connected to this organization totaling approximately $5.0M.

EIN: 541522266 VIRGINIA BEACH, VA Primary & Elementary Schools NTEE: B24 Latest filing: 2025
Total Revenue$4.0M
Total Expenses$4.5M
Total Assets$4.8M
Grant Records46
Funding Total$5.0M
Filing Years2021–2025

Mission

THE MISSION OF CHESAPEAKE BAY ACADEMY IS TO EDUCATE STUDENTS THROUGH ACADEMIC PROGRAMS INDIVIDUALIZED TO ADDRESS THEIR LEARNING DIFFERENCES, EMPOWERING THEM WITH THE SKILLS AND CONFIDENCE NECESSARY FOR SUCCESS IN HIGHER EDUCATION, CAREERS, AND LIFE.

Where $100 goes at Chesapeake Bay Academy

How Chesapeake Bay Academy divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$78 Programs the work itself
$16 Management running the organization
$6 Fundraising raising the next dollar

Inside the $78 for programs

$78
Education for children with learning differences in classes which allow for individualized instruction based on lesson plans and teaching methods tailored to individual students
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$34,000
2025
PRIVATE SCHOOL
$10,000
2024
FINANCIAL AID TO STUDENTS OF CHESAPEAKE BAY ACADEMY AND RELATED SUPPORT.
$162,710
2024
For grant recipient's exempt purposes
$35,600
$20,000

Showing up to 5 of 46 total records — full history available with membership.

Officers & Directors

TRUSTEE Aaron J Cooper
TRUSTEE Alan B Rashkind
TRUSTEE Betsy Atkinson
TRUSTEE Brian Wainger
VICE CHAIR Captain Louis J Schager
TRUSTEE David Rathbone

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$4,518,436 17 grants
General Support
$352,273 22 grants
Mental Health & Substance Abuse
$15,000 1 grant
Training & Professional Development
$5,059 1 grant
Unspecified
$77,900 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.0M $4.5M $4.8M
2024 $2.7M $4.1M $4.6M
2023 $4.4M $4.0M $7.6M
2022 $5.1M $3.9M $6.7M
2021 $5.0M $3.5M $6.1M

Between 2021 and 2025, reported annual revenue declined from $5.0M to $4.0M (-19%), with total assets most recently reported at $4.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CHESAPEAKE BAY ACADEMY

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