Woodward Academy Inc
87% goes to programs $61 to raise $100 Strong reserves Growing revenue
Woodward Academy Inc is a 501(c)(3) organization based in College Park, Georgia, registered in 1933, with $142,506,393 in FY2024 revenue. CharityIndex grades it C, and it directs about 87% of spending to programs.
1662 Rugby Ave, College Park, GA, 30337 EIN 58-0625584 Since 1933
Revenue (FY2024)
$142.5M
▲ 43.8% vs prior year
Education median: $200K
Expenses (FY2024)
$104.9M
Net assets
$231.3M
Employees
1,002
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →FProgram efficiency40% of the rating87% to programs · $61 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Woodward Academy Inc: 87% to programs · $61 to raise $100 earns a F on this criterion. See the exact thresholds →
AFinancial health25% of the rating26 mo reserves · +26% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Woodward Academy Inc: 26 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Woodward Academy Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Woodward Academy Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Woodward academy provides college preparatory education for students in pre-k through grade 12.
Contact & location
- Address
- 1662 Rugby Ave, College Park, GA, 30337
- City
- College Park
- State
- Georgia
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $70.1M (FY2013) to $142.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $84.4MNet assets $231.3M
Operating margin
26.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$315.6M
Total liabilities
$84.4M
Net assets
$231.3M
Salaries & benefits
$63.3M
60% of expenses
Board members
31
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $142,506,393▲43.8% | $104,919,323▲4.9% | $231,252,944▲4.5% | $315,635,252▲0.2% | 990 |
| 2023 | $99,128,944▲8.3% | $100,005,790▲8.9% | $221,238,073▲7.6% | $314,991,489▲3.7% | 990 |
| 2022 | $91,550,915▼5.5% | $91,871,289▲3.8% | $205,601,174▼2.7% | $303,689,801▼4.0% | 990 |
| 2021 | $96,875,893▼8.4% | $88,508,061▲6.7% | $211,200,006▼3.3% | $316,361,314▼5.8% | 990 |
| 2020 | $105,770,995▲24.1% | $82,932,436▼2.7% | $218,505,275▲22.5% | $335,693,683▲12.7% | 990 |
| 2019 | $85,209,091▼9.1% | $85,208,911▼3.1% | $178,443,124▼2.6% | $297,987,009▼1.2% | 990 |
| 2018 | $93,731,942▼1.4% | $87,929,176▲4.7% | $183,116,571▼2.0% | $301,723,911▼1.2% | 990 |
| 2017 | $95,099,183▲21.0% | $83,993,755▲5.8% | $186,911,700▲5.1% | $305,367,283▲2.7% | 990 |
| 2016 | $78,597,112▼2.6% | $79,377,562▲6.2% | $177,761,040▲5.0% | $297,433,499▲1.4% | 990 |
| 2015 | $80,731,947▲14.1% | $74,761,368▲10.4% | $169,216,729▼2.7% | $293,384,093▼0.4% | 990 |
| 2014 | $70,766,095▲1.0% | $67,727,064▲3.7% | $173,839,634▼0.2% | $294,543,292▼0.6% | 990 |
| 2013 | $70,079,325 | $65,285,919▲7.0% | $174,258,361▲6.6% | $296,382,116▲8.3% | 990 |
| 2012 | — | $61,004,260▼16.3% | $163,487,815▲25.1% | $273,614,694▲9.1% | 990 |
| 2011 | — | $72,870,668▲20.2% | $130,677,165▼10.2% | $250,812,185▼2.2% | 990 |
| 2010 | — | $60,619,878▲1.5% | $145,522,387▲14.6% | $256,469,968▲6.1% | 990 |
| 2009 | — | $59,721,199 | $127,003,928 | $241,833,895 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dr F Stuart Gulley — $731,285 (0.70% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr F Stuart Gulley | President - Retired 06/30/25 | 40 | $731,285 |
| Dr Christopher Freer | Vice President | 40 | $307,738 |
| Nigel Traylor | Vice President | 40 | $301,620 |
| Louise D Mann | Vp of Finance/cfo | 40 | $288,949 |
| Nija Meyer | Vice President | 40 | $259,869 |
| Lee Conner | Vice President | 40 | $243,715 |
| Jonathan Merrill | Administrator | 40 | $218,199 |
| Edward Rutledge | Administrator | 40 | $215,528 |
| Dr Jose Fernandez | Administrator | 40 | $181,703 |
| Elaine Carroll | Administrator | 40 | $166,162 |
| Dana Phillips | Administrator | 40 | $160,285 |
| Aditya Bhoopathy | Board Member | 1 | — |
| Belinda Mj Morris | Board Member | 1 | — |
| Ben F Johnson III | Board Member | 1 | — |
| Beth H Paradies | Board Member | 1 | — |
| Calvin R Allen Jr | Board Member | 1 | — |
| C Brad Marsh | Board Member | 1 | — |
| Dr Russell K Gore | Board Member | 1 | — |
| Dr Vicki R Palmer | Board Member | 1 | — |
| Dr Xavier A Duralde | Chairman | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Tropic Designs Inc | Turf Management | $262,830 |
| Cibc Private Wealth Management | Investment Mgmt | $254,358 |
| Alston Bird LLP | Legal Services | $198,206 |
| Bdr Partners LLC | Consulting | $140,250 |
| Coxe Curry Associates Inc | Consulting | $122,791 |
Grants received · $3.4M total
94 grants to Woodward Academy Inc totaling $3.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $79,162 |
| Ayco Charitable Foundation | Education | 2024 | $27,250 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $14,752 |
| The Community Foundation For Greater Atlanta Inc | Education | 2024 | $6,250 |
| American Endowment Foundation | Educational | 2024 | $5,650 |
| Donor Advised Charitable Giving | Education | 2023 | $113,600 |
| American Online Giving Foundation Inc | General support | 2023 | $87,079 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $44,084 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $35,000 |
| Ayco Charitable Foundation | Education | 2023 | $34,850 |
| Jewish Federation of Greater Atlanta Inc | Donations | 2023 | $28,530 |
| National Christian Charitable Foundation | Growth | 2023 | $12,500 |
| Charities Aid Foundation America | Charitable donation | 2023 | $10,640 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $8,700 |
Grants made · $2.3M in FY2018
1 grant totaling $2.3M in FY2018. All grants made by Woodward Academy Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Student Transport Inc | Building new facility | $2,309,128 |
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Frequently asked questions
- Is Woodward Academy Inc a legitimate nonprofit?
- Yes. Woodward Academy Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-0625584, based in College Park, Georgia. Donations are tax-deductible.
- What is Woodward Academy Inc's EIN?
- Woodward Academy Inc's Employer Identification Number (EIN) is 58-0625584.
- How much revenue does Woodward Academy Inc report?
- Woodward Academy Inc reported $142,506,393 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Woodward Academy Inc's spending goes to programs?
- Woodward Academy Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Woodward Academy Inc have?
- CharityIndex grades Woodward Academy Inc C, based on program efficiency and fundraising cost.
- How much does Woodward Academy Inc's highest-paid employee make?
- The highest reported compensation on Woodward Academy Inc's latest Form 990 is $731,285, paid to Dr F Stuart Gulley (President - Retired 06/30/25).
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Data for Woodward Academy Inc (EIN 58-0625584) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.