Public Charity

Cape Fear Academy

Based in Wilmington, NC, Cape Fear Academy operates as a Public Charity. The organization reported $21.2M in revenue, $19.6M in expenses, $51.1M in total assets for fiscal year 2025. Imperigo tracks 31 reported grant relationships connected to this organization totaling approximately $3.6M.

EIN: 566075566 Wilmington, NC Elementary & Secondary Schools NTEE: B20 Latest filing: 2025
Total Revenue$21.2M
Total Expenses$19.6M
Total Assets$51.1M
Grant Records31
Funding Total$3.6M
Filing Years2020–2025

Mission

To operate a private school for pre-kindergarten through grade 12 in Wilmington, NC

Where $100 goes at Cape Fear Academy

How Cape Fear Academy divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$85 Programs the work itself
$12 Management running the organization
$3 Fundraising raising the next dollar

Inside the $85 for programs

$85
In the 24-25 fiscal year, Cape Fear Academy operated a private school for pre-kindergarten through grade 12 in Wilmington, NC for 795 students
All program spending · Reported in the filing: 795 students
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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.

Officers & Directors

Director Beth Adams
Director of Middle School Carla Whitwell
Chair Chris Fikry
Director Connor Keller
Director Crystal Peebles
Director Dick Moore

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,566,344 17 grants
Education
$1,042,158 14 grants

Financial Trends

Year Revenue Expenses Assets
2025 $21.2M $19.6M $51.1M
2024 $19.4M $17.5M $47.7M
2023 $16.7M $16.0M $43.9M
2021 $14.7M $13.7M $34.5M
2020 $13.2M $12.6M $31.0M

Between 2020 and 2025, reported annual revenue grew from $13.2M to $21.2M (+60%), with total assets most recently reported at $51.1M.

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

See the full picture for Cape Fear Academy

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