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Virginia · Nonprofit

CHESAPEAKE BAY ACADEMY

CHESAPEAKE BAY ACADEMY (Virginia) receives grants from 26 organizations whose IRS filings report $3,184,020 to it, the largest being Patricia and Douglas Perry Foundation DBA The Perry Family Foundation ($935,000). 16 of them have funded it in more than one year.

Revenue FY2025
$4.0M
Funders on record
26
Grants received
$3.2M
Net assets
$3.8M
16/26 repeat funderspeak grant-dependency 14%
01What it does

What Chesapeake Bay Academy does

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.

As stated on its FY2025 Form 990.

Program

  1. Education for children with learning differences in classes which allow for individualized instruction based on lesson plans and teaching methods tailored to individual students.

    $3,613,356 spentof which $844,580 as grants$3,124,507 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,613,356.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.5M) Expenses 100 ($3.6M) Net assets 100 ($1.9M)2018 Revenue 109 ($3.8M) Expenses 107 ($3.9M) Net assets 97 ($1.9M)2019 Revenue 114 ($4.0M) Expenses 112 ($4.1M) Net assets 126 ($2.4M)2020 Revenue 139 ($4.9M) Expenses 113 ($4.1M) Net assets 148 ($2.8M)2021 Revenue 142 ($5.0M) Expenses 97 ($3.5M) Net assets 208 ($4.0M)2022 Revenue 145 ($5.1M) Expenses 106 ($3.9M) Net assets 245 ($4.7M)2023 Revenue 125 ($4.4M) Expenses 109 ($4.0M) Net assets 284 ($5.4M)2024 Revenue 78 ($2.7M) Expenses 114 ($4.1M) Net assets 194 ($3.7M)2025 Revenue 115 ($4.0M) Expenses 123 ($4.5M) Net assets 198 ($3.8M)
'17'18'19'20'21'22'23'24'25
Revenue (115)Expenses (123)Net assets (198)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $7.6M to $4.6M (−40%).

$4.6M
$4.5M
$4.9M
$5.4M
$6.1M
$6.7M
$7.6M
$4.6M
$4.8M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 9%. Grants only. Government contracts and fees sit inside program revenue.

23% of CHESAPEAKE BAY ACADEMY’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$151k
’17
−$76k
’18
−$93k
’19
$729k
’20
$1.4M
’21
$1.2M
’22
$417k
’23
−$1.4M
’24
−$460k
’25
1.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Dr David Levin

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed263134293029312929
Joined·+7+4+0+5+0+4+5+2
No longer listed·21541272
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 9 funders to 10 funders, grant income rose $167k → $490k.

5 of 26 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $4.9M from one payer (the payer shares this organization's board, largest Virginia Foundation for Ld Students). These are real filings, and they are not money CHESAPEAKE BAY ACADEMY raised.

From the IRS filings of CHESAPEAKE BAY ACADEMY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CHESAPEAKE BAY ACADEMY has a broad base — no single funder exceeds 29% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

26% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CHESAPEAKE BAY ACADEMY.

29%
largest funder
62%
top three
~7
effective funders

Largest funder’s share by year: 2017 30% · 2018 21% · 2019 33% · 2020 31% · 2021 27% · 2022 51% · 2023 41% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of CHESAPEAKE BAY ACADEMY's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

92% of CHESAPEAKE BAY ACADEMY's grant income comes from Virginia funders.

VA
DC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $322k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CHESAPEAKE BAY ACADEMY's funding base is broadening — from 9 funders to 10 as grant income climbed.

Operating margin−11% · bottom quartile
Months of reserve1.6mo · bottom quartile
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025

Organizations like CHESAPEAKE BAY ACADEMY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 13%Fundraising 7%

Governance

29
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

VA

Screen this organization

A dated, signed PDF of the compliance screen for CHESAPEAKE BAY ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CHESAPEAKE BAY ACADEMY?
CHESAPEAKE BAY ACADEMY (Virginia) receives grants from 26 organizations whose IRS filings report $3,184,020 to it, the largest being Patricia and Douglas Perry Foundation DBA The Perry Family Foundation ($935,000). 16 of them have funded it in more than one year.
How many funders does CHESAPEAKE BAY ACADEMY have?
IRS filings report 26 organizations giving $3,184,020 in grants to CHESAPEAKE BAY ACADEMY, 16 of which have funded it in more than one year.
Who is the largest funder of CHESAPEAKE BAY ACADEMY?
Patricia and Douglas Perry Foundation DBA The Perry Family Foundation is the largest funder on record, with $935,000 in grants. The full list of funders is on this page.
How can an organization like CHESAPEAKE BAY ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Chesapeake Bay Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 26 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing