2024-05-15T08:02:30-05:00 2023-06-30 580673524 MSTILLER LLC 777 GLOUCESTER STREET SUITE 201 BRUNSWICK GA 31520 990 2022-07-01 581093060 FREDERICA ACADEMY INC FRED 9126389981 200 MURRAY WAY ST SIMONS ISLAND GA 315221634 SANDI CHANNELL CHIEF FINANCIAL OFFICER 9126389981 2024-05-14 1 SANDI CHANNELL 999009999 1 ANGELA L HEYS P00358915 9122651750 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SANDI CHANNELL 200 MURRAY WAY ST SIMONS ISLAND GA 315221634 15787228 0 X WWW.FREDERICAACADEMY.ORG X 1969 GA TO MAXIMIZE EACH STUDENT'S POTENTIAL AND PREPARE HIM/HER FOR COLLEGE AND ADULT LIFE THROUGH THE DEVELOPMENT OF MIND, BODY, AND SPIRIT. 24 24 139 100 0 0 7099128 3583814 9274916 9835753 249413 372868 2249 10526 16625706 13802961 0 0 0 0 5466655 6252199 0 5927 502701 4947504 5688963 10414159 11947089 6211547 1855872 26190824 28969731 8457410 9376879 17733414 19592852 TO MAXIMIZE EACH STUDENT'S POTENTIAL AND PREPARE HIM/HER FOR COLLEGE AND ADULT LIFE THROUGH THE DEVELOPMENT OF MIND, BODY, AND SPIRIT. 0 0 10002380 9835753 FREDERICA ACADEMY SERVES APPROXIMATELY 450 STUDENTS IN GRADES PK-12 EACH YEAR. FREDERICA ACADEMY'S COLLEGE PREPARATORY PROGRAM SERVES FAMILIES FROM GLYNN AND THE SURROUNDING COUNTIES AND IS THE ONLY INDEPENDENT SCHOOL BETWEEN JACKSONVILLE, FLORIDA AND SAVANNAH, GEORGIA. FREDERICA'S NEED-BASED FINANCIAL AID PROGRAM PROMOTES ETHNIC AND ECONOMIC DIVERSITY. 10002380 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 1 0 0 0 1 29 0 1 139 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 GA X MITZI GREGG 9126389981 200 MURRAY WAY ST SIMONS ISLAND GA 315221634 X ALFRED SAMS BOARD OF TRUSTEES 1.00 X 0 0 0 ANN MCGLAUGHLIN SECRETARY 1.00 X X 0 0 0 CHARLIE DORMINY BOARD OF TRUSTEES 1.00 X 0 0 0 DANA CARTER BOARD OF TRUSTEES 1.00 X 0 0 0 DEBORAH WRIGHT BOARD OF TRUSTEES 1.00 X 0 0 0 GREER BROWN CHAIR 1.00 X X 0 0 0 BONNIE BROOKS BOARD OF TRUSTEES 1.00 X 0 0 0 HILLARY JOHNSTON BOARD OF TRUSTEES 1.00 X 0 0 0 JARED VANN BOARD OF TRUSTEES 1.00 X 0 0 0 JIM WALKER TREASURER 1.00 X X 0 0 0 KIM JOHNSON BOARD OF TRUSTEES 1.00 X 0 0 0 KIRK WATSON BOARD OF TRUSTEES 1.00 X 0 0 0 KRISTI HARRISON VICE CHAIR 1.00 X X 0 0 0 VALERIE DUNN BOARD OF TRUSTEES 1.00 X 0 0 0 OSCAR PATRON BOARD OF TRUSTEES 1.00 X 0 0 0 STEVE HOOVER BOARD OF TRUSTEES 1.00 X 0 0 0 SUSAN MYERS BOARD OF TRUSTEES 1.00 X 0 0 0 NANCY DELONG BOARD OF TRUSTEES 1.00 X 0 0 0 ZACH POWELL BOARD OF TRUSTEES 1.00 X 0 0 0 ADAM HAGFORS BOARD OF TRUSTEES 1.00 X 0 0 0 TRACEY OWENS BOARD OF TRUSTEES 1.00 X 0 0 0 ALLISON REID BOARD OF TRUSTEES 1.00 X 0 0 0 JEFF SHIVER BOARD OF TRUSTEES 1.00 X 0 0 0 DAN SPEIGHT BOARD OF TRUSTEES 1.00 X 0 0 0 JOHN POPE EMPLOYEE 40.00 X 120495 0 15395 SCOTT HUTCHINSON HEAD OF SCHOOL 40.00 X 240150 0 24753 360645 0 40148 2 0 1 0 0 247520 3336294 843495 3583814 TUITION AND FEES 611600 8837593 8837593 AUXILIARY REVENUE 611710 689229 689229 OTHER INCOME 611710 308931 308931 9835753 188213 188213 2044420 1847884 11881 196536 -11881 184655 184655 135028 247520 124502 10526 10526 13802961 9835753 0 383394 X 240151 72045 84053 84053 4688632 3870981 605977 211674 263102 210482 36834 15786 670919 561341 69238 40340 389395 311516 54515 23364 43725 43725 5927 5927 10224 10224 31002 964 30038 145165 4773 132602 7790 87038 86994 44 41478 41478 679462 631900 47562 196812 15274 180500 1038 FINANCIAL AID AND STAFF 1885639 1885639 BUILDING REPAIRS & MAIN 545636 536927 128 8581 SPECIAL EVENTS 302726 276382 17831 8513 UTILITIES 243506 229276 12752 1478 1476550 1308850 103625 64075 11947089 10002380 1442008 502701 2976498 1364657 1076797 507076 3622295 3279038 1080367 1313605 138979 239606 24807144 6720437 13507362 18086707 3740167 4134604 48359 44438 26190824 28969731 515027 822655 6146832 6898515 1795551 1655709 8457410 9376879 X 9748940 13174402 7984474 6418450 17733414 19592852 26190824 28969731 X 1855872 3563 3 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3844014 77738 366752 79323 4209181 3731865 226450 -114301 3844014 2521644 703412 506809 3731865 2426555 309 94780 2521644 2298669 3018 124868 2426555 0.28557 0.60623 0.10820 0 0 5582908 5582908 10682533 4264727 6417806 7283608 1764324 5519284 1258095 691386 566709 18086707 X 13796302 3563 3563 13792739 10222 10222 13802961 11936863 0 11936863 10226 10226 11947089 PART X, LINE 2: INCOME TAXES: THE ACADEMY IS A TAX EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND AS SUCH GENERALLY IS NOT SUBJECT TO INCOME TAXES EXCEPT FOR INCOME FOR UNRELATED BUSINESS ACTIVITY. THE ACADEMY HAS EVALUATED BOTH ITS FEDERAL AND STATE INCOME TAX POSITIONS, INCLUDING POSITIONS THAT COULD HAVE AN EFFECT ON THE ACADEMY'S EXEMPT STATUS, AND HAS CONCLUDED THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE. PART XI, LINE 4A AND PART XII, LINE 4A THE $10,224 IS COMPOSED OF INVESTMENT FEES NETTED AGAINST INVESTMENT INCOME IN THE AUDIT REPORT, BUT REPORTED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL NEWSPAPER ADVERTISEMENTS AND BROCHURES PERTAINING TO ADMISSION CONTAIN EQUAL OPPORTUNITY ADMISSION STATEMENTS. DERBY DAY 382548 247520 135028 124502 382548 247520 135028 124502 124502 10526 X X 0 0 0 0 0 0 0 0 0 SCOTT HUTCHINSON HEAD OF SCHOOL 240150 0 0 0 0 0 0 0 0 0 240150 0 0 0 PATRICK PARKER FORMER BOARD MEMBER OF FREDERICA & PRIMESOUTH BANK 192977 PRIMESOUTH PROVIDES FINANCING FOR STUDENTS BACKED BY FREDERICA AND HOLDS A MONEY MARKET ACCOUNT FOR FREDERICA 0 JIM WALKER BOARD TREASURER OF FREDERICA & CEO OF PRIMESOUTH 192977 PRIMESOUTH PROVIDES FINANCING FOR STUDENTS BACKED BY FREDERICA AND HOLDS A MONEY MARKET ACCOUNT FOR FREDERICA 0 X 41 595975 FMV X LIVE AUCTION ITEMS 12 162600 FMV X SILENT AUCTION ITEMS 252 120239 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD TREASURER AND KEY EMPLOYEES REVIEW FORM 990. THE FULL BOARD OF TRUSTEESS REVIEWS AND APPROVES FORM 990 BEFORE IT IS FILED. SINCE THERE ARE DONORS THAT PREFER TO REMAIN ANONYMOUS, SCHEDULE B IS OMITTED FROM THE 990 PRESENTED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES AND KEY EMPLOYEES ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSE POTENTIAL CONFLICTS, IF ANY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD COMPENSATION COMMITTEE REVIEWS DATA RECEIVED ANNUALLY FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. DATA INCLUDES EXECUTIVE COMPENSATION COMPARISONS BY REGION AND SCHOOL ENROLLMENT. THE RATE OF PAY IS SET BY THE COMMITTEE AND THE EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL IS SIGNED BY THE CHAIRMAN OF THE BOARD. THE HEAD OF SCHOOL AND DIRECTOR OF FINANCE ANNUALLY REVIEW DATA RECEIVED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. DATA INCLUDES COMPENSATION COMPARISONS BY REGION AND SCHOOL ENROLLMENT FOR SCHOOL ADMINISTRATORS AND FACULTY AS WELL AS YEARS OF EXPERIENCE AND EDUCATION. RATES OF PAY ARE SET BY THE HEAD OF SCHOOL WHO ALSO SIGNS EMPLOYMENT CONTRACTS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ACADEMY MAKES AVAILABLE FOR VIEWING ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND AUDITED FINANCIAL STATEMENTS. FORM 990, PART IX, LINE 24E LUNCHROOM PURCHASES: PROGRAM SERVICE EXPENSES 220,621. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 220,621. ATHLETIC UNIFORMS & SUPPLIES: PROGRAM SERVICE EXPENSES 186,128. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 186,128. CLASSROOM SUPPLIES: PROGRAM SERVICE EXPENSES 162,374. MANAGEMENT AND GENERAL EXPENSES 620. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 162,994. GROUND MAINTENANCE: PROGRAM SERVICE EXPENSES 148,526. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 156. TOTAL EXPENSES 148,682. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 90,283. MANAGEMENT AND GENERAL EXPENSES 3,575. FUNDRAISING EXPENSES 48,820. TOTAL EXPENSES 142,678. EQUIPMENT REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 93,543. MANAGEMENT AND GENERAL EXPENSES 811. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 94,354. FIELD TRIPS: PROGRAM SERVICE EXPENSES 80,579. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,579. OFFICE SUPPLIES & PRINTING: PROGRAM SERVICE EXPENSES 48,908. MANAGEMENT AND GENERAL EXPENSES 14,999. FUNDRAISING EXPENSES 10,645. TOTAL EXPENSES 74,552. CAMPUS SECURITY: PROGRAM SERVICE EXPENSES 72,058. MANAGEMENT AND GENERAL EXPENSES 415. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,473. BANK & CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 1,530. MANAGEMENT AND GENERAL EXPENSES 50,402. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,932. TECHNOLOGY SUPPLIES: PROGRAM SERVICE EXPENSES 41,244. MANAGEMENT AND GENERAL EXPENSES -1,435. FUNDRAISING EXPENSES 407. TOTAL EXPENSES 40,216. YEARBOOK: PROGRAM SERVICE EXPENSES 39,758. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,758. SUPPLIES: PROGRAM SERVICE EXPENSES 30,439. MANAGEMENT AND GENERAL EXPENSES 2,386. FUNDRAISING EXPENSES 1,443. TOTAL EXPENSES 34,268. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 1,967. MANAGEMENT AND GENERAL EXPENSES 20,806. FUNDRAISING EXPENSES 192. TOTAL EXPENSES 22,965. COPY MACHINE LEASES & MAINTENANCE: PROGRAM SERVICE EXPENSES 20,592. MANAGEMENT AND GENERAL EXPENSES 876. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,468. TESTING: PROGRAM SERVICE EXPENSES 21,009. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,009. TEACH RECRUITMENT: PROGRAM SERVICE EXPENSES 20,087. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,087. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 12,789. MANAGEMENT AND GENERAL EXPENSES 481. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,270. VEHICLE MAINTENANCE: PROGRAM SERVICE EXPENSES 8,563. MANAGEMENT AND GENERAL EXPENSES 20. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,583. POSTAGE: PROGRAM SERVICE EXPENSES 375. MANAGEMENT AND GENERAL EXPENSES 5,937. FUNDRAISING EXPENSES 1,635. TOTAL EXPENSES 7,947. COLLEGE ADVISEMENT: PROGRAM SERVICE EXPENSES 4,103. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,103. LIBRARY: PROGRAM SERVICE EXPENSES 3,148. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,148. SACS ACCREDITATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,400. TEACHER RECRUITMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,228. FUNDRAISING EXPENSES 327. TOTAL EXPENSES 1,555. MOVING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 450. TOTAL EXPENSES 450. AMORTIZATION EXPENSE: PROGRAM SERVICE EXPENSES 226. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 226. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 104. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 104. FORM 990, PART XI, LINE 9: ROUNDING 3. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FREDERICA ACADEMY FOUNDATION INC 200 MURRAY WAY ST SIMONS ISLAND GA 31522 311602365 TO RECEIVE CONTRIBUTIONS AND TRANSFER THEM TO ACADEMY (CLOSED 9/21/21) GA 501(C)(3) 9 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0