2026-04-28T13:51:54-05:00 2025-06-30 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 2100 ATLANTA GA 30363 990 2024-07-01 581970181 THE ALFRED AND ADELE DAVIS ACADEMY INC % KIM RICH ALFR 7706710085 8105 ROBERTS DRIVE ATLANTA GA 30350 AMY SHAFRON HEAD OF SCHOOL 7706710085 2026-05-15 true true ANDREW A HEDRICH P01770437 4048746244 2026-05-15 2024 2025-03-06 01:10:19Z AMY SHAFRON 8105 ROBERTS DRIVE ATLANTA GA 30350 30460103 false X WWW.DAVISACADEMY.ORG X 1992 GA TO PROVIDE AN ACADEMICALLY CHALLENGING ENVIRONMENT WITH ENRICHED CURRICULA, INTEGRATING GENERAL ACADEMICS AND JUDAIC STUDIES FROM MECHINA KINDERGARTEN PREP THROUGH EIGHTH GRADE. 35 34 160 300 0 1541045 2534477 14740919 15518452 -3972793 2206020 36659 -10285 12345830 20248664 2895194 3375466 0 0 8670754 9445820 0 0 668127 5352607 5546188 16918555 18367474 -4572725 1881190 72911545 78135451 9711608 9261031 63199937 68874420 X TO PROVIDE AN ACADEMICALLY CHALLENGING ENVIRONMENT WITH ENRICHED CURRICULA, INTEGRATING GENERAL ACADEMICS AND JUDAIC STUDIES FROM MECHINA KINDERGARTEN PREP THROUGH EIGHTH GRADE IN A NURTURING, SECURE ENVIRONMENT, INSTRUCTED BY A FACULTY DEDICATED TO EXCELLENCE, CHILDREN ARE ENCOURAGED TO REACH THEIR HIGHEST POTENTIAL. THE DAVIS ACADEMY STRIVES TO CREATE A COMMUNITY IN WHICH CHILDREN DEVELOP A LIFE-LONG LOVE FOR LEARNING AND A COMMITMENT TO JEWISH LIFE FOUNDED ON MORALS, VALUES, AND ETHICS, GROUNDED IN TORAH. false false 14975200 3375466 15518452 THE CORPORATION OPERATED AS A NON-PROFIT PRE-K THROUGH EIGHTH GRADE PRIVATE SCHOOL WITH 496 STUDENTS IN ATTENDANCE. 14975200 true true false false false false false false false true true false false false true true true false true false true false false false true false false false true true true false false false false false false false false true false true false false false false false false false false true 54 0 true 160 true false false false false false true true false false false false false false X 35 34 true false false false false false false true true false false true true true true true true true true false GA X KIM RICH 7706710085 8105 ROBERTS DRIVE ATLANTA GA 30350 X Amy Shafron Head of School 40.0 0.0 X 428235 0 56757 Drew Frank Principal/Associate HOS 40.0 0.0 X 231148 0 23507 Kim Rich Chief Financial Officer 40.0 0.0 X 192860 0 33269 Micah Lapidus School Rabbi 40.0 0.0 X 178113 0 7387 Elisa Prager Director of Inst Advancement 40.0 0.0 X 162511 0 20109 LISA MIRSKY Director of Admissions 40.0 0.0 X 117590 0 5579 KENDRICK PHILLIPS DRAMA 40.0 0.0 X 101949 0 18726 Abby Bechler-Karsch Director 1.0 0.0 X 0 0 0 Amy Robinson Director 1.0 0.0 X 0 0 0 Ann Davis Director 1.0 0.0 X 0 0 0 Barbie Bregen Director 1.0 0.0 X 0 0 0 Ben Sillins Director 1.0 0.0 X 0 0 0 Bennett Kaplan Director 1.0 0.0 X 0 0 0 Beth Warner Director 1.0 0.0 X 0 0 0 Billie Greenberg Director 1.0 0.0 X 0 0 0 Brad Ladden Director 1.0 0.0 X 0 0 0 Brian Mand Vice President 1.0 0.0 X 0 0 0 Bryan Fields Director 1.0 0.0 X 0 0 0 Carol Nemo Director 1.0 0.0 X 0 0 0 Carol Rubin Director 1.0 0.0 X 0 0 0 David Herskovits Director 1.0 0.0 X 0 0 0 Dean Benamy Director 1.0 0.0 X 0 0 0 Debbie Kurzweil Director 1.0 0.0 X 0 0 0 Dulcy Davis Rosenberg Director 1.0 0.0 X 0 0 0 Elizabeth Davis Director 1.0 0.0 X 0 0 0 Emily Silberman Director 1.0 0.0 X 0 0 0 Evan Toporek Director 1.0 0.0 X 0 0 0 Harriet Zoller Director 1.0 0.0 X 0 0 0 Jan Epstein Director 1.0 0.0 X 0 0 0 Jason Tessler Secretary 1.0 0.0 X 0 0 0 Jay Davis Director 1.0 0.0 X 0 0 0 Jeff Hopkins Vice President 1.0 0.0 X 0 0 0 Jon Leven Director 1.0 0.0 X 0 0 0 Jonathan Habif Director 1.0 0.0 X 0 0 0 Josh Perlstein Director 1.0 0.0 X 0 0 0 Julia Galanti Director 1.0 0.0 X 0 0 0 Kevin Levingston Vice President 1.0 0.0 X 0 0 0 Lauren Bricks Director 1.0 0.0 X 0 0 0 Linda Selig Director 1.0 0.0 X 0 0 0 Lisa Haynor Director 1.0 0.0 X 0 0 0 Lisa Freedman Director 1.0 0.0 X 0 0 0 Mara Berman Director 1.0 0.0 X 0 0 0 Mark Edelstein Director 1.0 0.0 X 0 0 0 Meryl Macune Director 1.0 0.0 X 0 0 0 Micah Goldstein President 1.0 0.0 X 0 0 0 Michelle Rosenberg Director 1.0 0.0 X 0 0 0 Murray Goldman Director 1.0 0.0 X 0 0 0 Rob Perkins Director 1.0 0.0 X 0 0 0 Russell Falkenstein Treasurer 1.0 0.0 X 0 0 0 Sam Tuck Director 1.0 0.0 X 0 0 0 Stacey Rothberg Vice President 1.0 0.0 X 0 0 0 Stanley Sonenshine Director 1.0 0.0 X 0 0 0 Steven Cohen Director 1.0 0.0 X 0 0 0 Susan Goldberg Director 1.0 0.0 X 0 0 0 Tonia Sellers Director 1.0 0.0 X 0 0 0 KAREN ROGOW DIRECTOR 1.0 0.0 X 0 0 0 LEE KATZ DIRECTOR 1.0 0.0 X 0 0 0 1412406 0 165334 7 false true false SAGE DINING SERVICES INC 1402 York Rd Suite 100 LUTHERVILLE MD 21093 FOOD SERVICE 601995 CLEANSTAR NATIONAL INC 540 COLLINS RD MARIETTA GA 30066 JANITORIAL 333248 National Transportation Group LLC 6100 Lake Forrest Drive Suite 440 ATLANTA GA 30328 bus transportation 283160 United Maintenance Inc 3687 McElroy Rd ATLANTA GA 30340 Repairs & Maintenanc 257901 Alscan Inc 237 Oxmoor Cir 101 BIRMINGHAM AL 35209 Repairs & Maintenanc 215236 5 198392 2336085 225847 2534477 TUITION AND FEES 15413502 15413502 MISC PROGRAM SERVICE REVENUE 104950 104950 15518452 1744557 1744557 0 0 47714 70610 -22896 0 -22896 -22896 10532798 10071335 461463 461463 461463 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donor restricted funds the academy must hold in perpetuity or for a donor-specified period(s) as well as board-designated funds. The Academy's endowments are invested in pooled funds. As of December 2023, the organization began transferring funds from Wells Fargo to Charles Schwab. As of December 31, 2024, all funds had been transferred. The Academy's investment policy defines acceptable investment vehicles and also establishes a minimum and maximum for each type of investment to achieve the stated goals. The approved investment vehicles include equities, fixed income securities, cash equivalents, real assets and alternative investments. The Academy has adopted a spending policy under which spending of income earned by the unrestricted endowment accounts is discretionary, based on the needs of the Academy and the approval of the Academy's Board of Trustees. Endowment funds created through restricted gifts from donors are to be managed according to the wishes of the donors. However, only up to 4% of the three-year average market value will be distributed. Unless otherwise stipulated by the donors, all principal is to be kept intact, and only the earnings are to be used for the restricted purpose of the fund. The Academy considers a fund to be underwater if the fair value of the fund is less than the sum of (a) the original value of initial and subsequent gift amounts donated to the fund and (b) any accumulations to the fund that are required to be maintained in perpetuity in accordance with the direction of the applicable donor gift instrument. The Academy has complied with UPMIFA to permit spending from an underwater endowment. Schedule D, Part X, Line 2 The Academy qualifies as a tax-exempt organization under Section 501(3) of the Internal Revenue Code and, therefore, has no provision for income taxes. However, income from certain activities not directly related to the Academy's tax exempt purpose is subject to taxation as unrelated business income. During the years ended June 30, 2025 and 2024, the Academy incurred no income tax expense related to unrelated business income. The Academy qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization that is not a private foundation under Section 509(a)(2). The Academy annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Academy takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Academy is subject to examination by the federal and state taxing authorities. In general, the Academy is no longer subject to tax examinations for tax years ending before June 30, 2022. Schedule D, Part XI, Line 2D $70,610 - Rental Expenses + $ 4,338 - Fundraising Expenses ----------- $74,948 - Total Schedule D, Part XI, Line 4B TUITION ASSISTANCE: $3,375,466 Schedule D, Part XII, Line 2D $70,610 - Rental Expenses + $ 4,338 - Fundraising Expenses ----------- $74,948 - Total Schedule D, Part XII, Line 4B TUITION ASSISTANCE: $3,375,466 true true true true true true true false false false false false false false false false false true SCHEDULE E, PART I, LINE 3 Policy is publicized on application materials which is provided along with an information package for all interested parties. Middle East and North Africa 0 0 Program Services 8th Grade Field Trip 49581 0 0 0 0 49581 49581 true false false true false false Golf Tournament 280497 198392 82105 1000 34755 15483 100 18156 0 280497 198392 82105 1000 34755 15483 100 18156 69494 12611 true Financial Assistance as Reduction in Tuition 215 1841534 Amount of Tuition Reduction in Tuition Financial Aid for Students 82 714831 Tuition Discounts 90 819101 Amount of Tuition Tuition Discount SCHEDULE I, PART I, LINE 2 Financial assistance is available for qualified students and is needs based. The Academy uses Clarity as an impartial grant & aid assessment company to help assess and evaluate demonstrated need. Annual awards are decided by an anonymous committee selected by the head of school and CFO. Families must re-apply every year. X false false false false false false false true false Drew Frank Principal/Associate HOS 221148 10000 10455 13247 254850 Micah Lapidus School Rabbi 143050 5000 30063 7387 194 185694 Elisa Prager Director of Inst Advancement 161930 581 8026 12277 182814 Amy Shafron Head of School 387133 41102 17250 39507 484992 Kim Rich Chief Financial Officer 186860 6000 10031 23433 226324 SCHEDULE J, PART I, LINE 7 Bonus payments are paid annually based on performance. A City of Sandy Springs Development Authority 261580939 2013-06-20 10590000 To Refinance the Cost of Acquiring false false false A 8140992 0 10590000 0 0 0 0 0 0 0 0 0 true false true true A false false false false 0 false false false true A false true false false false 0 false 0 false true A true Part I, Column F To refinance the cost of acquiring, constructing, renovating, and installing. Part IV, Line 2c The Rebate Computation date is N/A jill rosenbluth Family Member of Billie Greenberg (Board Member) 59779 COMPENSATION false katie siegel Family Member of Rod Perkins (Board Member) 35690 COMPENSATION false X 3 225847 false false false Form 990, Part VI, Section A, Line 2 Jay Davis and Ann Davis both serve as non-voting trustees for life on The Alfred and Adele Davis Academy, Inc. board and they are married. Elizabeth Davis is the daughter of Jay and Ann and serves as a voting member of the board. Dulcy Rosenberg is a non-voting trustee for life of the Academy's board. Michelle Rosenberg is the daughter in law of Dulcy and serves as a voting member of the board. Jay Davis is the brother of Dulcy and serves as a non-voting trustee for life. Form 990, Part VI, Section B, Line 11 The Head of School and CFO review the return in detail prior to filing and a copy of the return is available for all board members to review as requested. Form 990, Part VI, Section B, Line 12C The organization has board members and officers read and sign an acknowledgement that they have read the policies and procedures and that no conflicts exist. Should conflicts arise, the issues are discussed and resolved by an independent committee of the board. Form 990, Part VI, Section B, Line 15 CEO COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS, CFO COMPENSATION BY the CEO IN CONSULTATION WITH THE BOARD OF DIRECTORS, AND KEY EMPLOYEE COMPENSATION DETERMINED BY THE CEO AND CFO IN CONSULTATION WITH THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, Line 18 THESE ITEMS ARE MADE AVAILABLE AT THE ORGANIZATION OFFICES UPON REQUEST. Form 990, Part VI, Section C, Line 19 Available upon request. Form 990, Part XII, Line 2C AUDIT COMMITTEE MEETS ANNUALLY WITH AUDITORS, REVIEWS FINANCIAL STATEMENTS, MAKES ANY RECOMMENDATIONS NECESSARY TO BOARD, AND THE BOARD VOTES TO ACCEPT AUDIT AND/OR APPROVES AUDIT COMMITTEE RECOMMENDATIONS.