Private company

Cape Fear Academy

Private school in Wilmington, North Carolina, United States

Cape Fear Academy is a private, coeducational PK3–12 school in Wilmington, North Carolina, that was established on September 11, 1967, as a segregation academy. It was named for Cape Fear Military Academy, an independent school for boys in Wilmington that operated from 1868 until 1916. The present school's first class graduated in 1971.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1968Founded1
  • HeadquartersWilmington, United States1
  • Websitewww.capefearacademy.org
  • Legal formNonprofit Corporation3
  • LEI54930058WSKRPJCZ63063
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressC/O Edward Ellison, 28412 Wilmington, United States3
  • Registered withCorporations Division (Department of the Secretary of State), 01026013
Cape Fear Academy Campus (August 2023) 06
Photo: DiscoA340, CC BY-SA 4.0, via Wikimedia Commons5

Cape Fear Academy is a private, coeducational PK3–12 school in Wilmington, North Carolina, that was established on September 11, 1967, as a segregation academy. It was named for Cape Fear Military Academy, an independent school for boys in Wilmington that operated from 1868 until 1916. The present school's first class graduated in 1971.2

The story

The school was founded as a segregation academy in response to the court ordered integration of public schools. In 1967 civil rights activist Lee Shelton claimed that the Ku Klux Klan was raising funds to establish Cape Fear Academy as a private school for white students.

Overt racial discrimination by the school administration eventually faded. The first black student to graduate was in 1984. One other black student had attended, but had left the school without graduating after experiencing bullying and racism.

In 2005, the student body voted to change the school's athletics team name from The Rebels to The Hurricanes.

In 2021, Cape Fear Academy was sued by a student who alleged that CFA expelled her after she protested the school's failure to take action after she was sexually assaulted and then harassed by three male students, in violation of Title IX. The school argued that, since it never accepted federal funding, it was not subject to any federal non-discrimination laws. In June 2022, Judge James C. Dever ruled that since CFA had recently begun to accept loans from the federal Paycheck Protection Program, the school was obliged to comply with federal civil rights laws.

The lawsuit led to renewed media attention concerning Cape Fear Academy's history of racial and gender discrimination. It was alleged that racial and gender-based discrimination and harassment remained prevalent at the school.

In 2023, the school announced an anonymous donor had established a $5 million scholarship fund for students of color.

From Wikipedia’s article on Cape Fear Academy, shared under CC BY-SA 4.0.4

Products and brands

There are four Pre-kindergarten class (ages 3.5 to 5), along with Kindergarten through Grade 5, Middle School (grades 6–8) and Upper School classes (grades 9–12).

The school is situated on a 47-acre (19 ha) campus. Facilities include two classroom buildings, a gymnasium with six classrooms, the Beane Wright Student Center, science laboratories, and multiple athletic fields, including a tennis facility.

In 2022, the school purchased an 11-acre (4.5 ha) plot of land originally owned by Trinity United Methodist Church.

From Wikipedia’s article on Cape Fear Academy, shared under CC BY-SA 4.0.4

Timeline

  1. 1968Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$1.3M 2020–2020
Money received by yearMoney received by year, 2020–2020: $1.3M in all. PPP loans $1.3M.$0$500K$1M$1.5M2020 · PPP loans: $1.3M2020
Figures by year
YearPPP loansTotal
2020$1.3M$1.3M

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA6. Matched to this company by name and state.

  1. Apr 30, 2020$1.3M PPP loan (first draw) from First Carolina Bank6To CAPE FEAR ACADEMY, Wilmington NC; $1.3M forgiven Jun 16, 2021