2026-03-26T16:38:49-05:00 2025-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2024-07-01 923171024 VFMA ACADEMY VFMA 6109891200 1001 EAGLE ROAD WAYNE PA 19087 JOHN LANETTI TREASURER 6109891236 2026-03-26 1 1 KATIE O GALASKA P01211168 2154414600 2024 2025-03-06 01:10:19Z JOHN LANETTI 1001 EAGLE ROAD WAYNE PA 19087 5756974 0 X WWW.VFMACADEMY.ORG X 2022 PA EDUCATIONAL INSTITUTION FOCUSED ON BUILDING LEADERSHIP THROUGH A MILITARY ENVIRONMENT. 5 5 51 5 0 0 1131649 968735 5281429 4437691 1919 847 450651 349701 6865648 5756974 1497262 1233430 0 0 2297246 2461046 0 0 148124 3980727 3767585 7775235 7462061 -909587 -1705087 513408 458002 1423148 3072829 -909740 -2614827 X TO EDUCATE CADETS, IN AN ACADEMIC AND MILITARY ENVIRONMENT, TO BE FULLY PREPARED FOR THEIR RESPONSIBILITIES AS CITIZEN LEADERS WHO ARE MENTALLY ALERT, SOUND IN BODY, CONSIDERATE OF OTHERS AND POSSESSED OF LOVE OF GOD AND COUNTRY,HIGH MORAL STANDARDS AND STRONG CHARACTER TRAITS THAT WILL\ MAKE ALL A CREDIT TO THEMSELVES, THEIR FAMILIES, THEIR ALMA MATER, THEIR COUNTRY, AND THEIR GOD. 0 0 5016602 1233430 4437691 VALLEY FORGE PROVIDES CADETS WITH AN EDUCATIONAL EXPERIENCE BUILT ON OUR FIVE CORNERSTONES: ACADEMIC EXCELLENCE, CHARACTER DEVELOPMENT, PERSONAL MOTIVATION, PHYSICAL DEVELOPMENT, AND LEADERSHIP. A VALLEY FORGE EDUCATION IS ROOTED IN QUALITY ACADEMIC PROGRAMS SUPPORTED BY LEADERSHIP RESPONSIBILITIES AND STRONG ATHLETIC AND EXTRACURRICULAR OPPORTUNITIES. THE ACADEMY HOSTED 108 STUDENTS DURING THE YEAR. 5016602 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 51 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN LANETTI 6109891200 1001 EAGLE ROAD WAYNE PA 19087 COL STUART HELGESON BOARD MEMBER (END 5/2025) 20.00 X 0 0 0 GRAY BECK BOARD MEMBER 1.00 X 0 0 0 CHARLES MCGEORGE BOARD MEMBER 1.00 X 0 0 0 PETER VISCARDO BOARD MEMBER 1.00 X 0 0 0 LAUREN WOCHOK HEAD OF SCHOOL (END 9/2024) 40.00 X 110409 0 14179 JOHN LANETTI TREASURER 20.00 X 0 0 0 DAVID CUMMINS CHAIRMAN (END 1/2025); MEMBER (FY 2025) 1.00 X 0 0 0 KATHERINE NEWSOM HEAD OF SCHOOL (START 2/2025) 40.00 X 0 0 0 WILLIAM FLOYD CHAIRMAN (BEGINNING 1/2025) 1.00 X 0 0 0 AARON BARKLEY ASSISTANT DEAN 40.00 X 105443 0 0 215852 0 14179 2 0 0 0 0 968735 968735 TUITION AND FEES 611600 4437691 4437691 4437691 847 847 OTHER CADET INCOME 900099 242854 242854 OTHER INCOME 900099 91647 91647 RIFLE CLUB REVENUE 900099 15200 15200 349701 5756974 4437691 0 350548 1233430 1233430 158737 158737 1946474 1371916 574558 184932 123152 61780 170903 129842 41061 691680 359165 184391 148124 48802 48802 25000 25000 115281 115281 158016 65101 92915 869874 869874 902238 596379 305859 FOOD SERVICES 531657 531657 STUDENT RELATED PROGRAM 323269 290027 33242 CONTRACT SERVICES 101768 41915 59853 7462061 5016602 2297335 148124 441333 781 418030 24414 8540 47661 30651 513408 458002 156021 254855 724627 405434 100000 542500 2312540 1423148 3072829 X 0 0 0 0 -909740 -2614827 -909740 -2614827 513408 458002 -1705087 0 X X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO VFMA FOUNDATION 2312540 2312540 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISING INCLUDES THE REQUIRED STATEMENTS REGARDING OUR RACIAL NONDISCRIMINATORY POLICY IN BOTH PRINT AND RADIO. 1 VARIOUS SCHOLARSHIPS AND AWARDS 101 1233430 PART I, LINE 2: VFMA AWARDS INTERNAL MERIT SCHOLARSHIPS BASED ON THE CADET'S GRADES (GPA) FROM HIS/HER PREVIOUS SCHOOL AND FINANCIAL NEED. THERE IS A MATRIX USED TO DETERMINE THE AMOUNT TO BE AWARDED TO EACH CADET. 1 X X X 1 0 0 0 0 0 0 0 0 PART I, LINE 4A LAUREN WOCHOK, $31,692 PETER VISCARDO TRUSTEE OPERATING FUNDS X 100000 100000 0 1 1 100000 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS CONTRACTED WITH ANOTHER ENTITY TO PERFORM BUSINESS OFFICE, HR, MARKETING AND COMMUNICATION, DEVELOPMENT AND MANAGEMENT SUPPORT SERVICES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION RECEIVES A COPY OF THE 990 FROM THE ACCOUNTING FIRM PREPARING THE RETURN. THE TREASURER REVIEWS THE 990. AFTER REVIEW BY THE TREASURER, THE FORM IS PRESENTED TO THE FULL BOARD FOR ITS REVIEW, APPROVAL PRIOR TO THE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL QUESTIONNAIRE IS SENT TO ALL BOARD MEMBERS AND SENIOR STAFF MEMBERS DOCUMENTING WHETHER THEY ARE INVOLVED IN ANY BUSINESS WITH THE ORGANIZATION THAT COULD BE CONSTRUED AS GIVING RISE TO A POTENTIAL CONFLICT OF INTEREST. FAMILY AND BUSINESS RELATIONSHIPS ARE SPECIFICALLY INDICATED IN THE QUESTIONNAIRE AS BEING SOURCES OF POTENTIAL CONFLICTS. THESE QUESTIONNAIRES ARE SIGNED BY EACH BOARD MEMBER AND SENIOR STAFF MEMBER AND RETURNED TO THE ORGANIZATION'S CFO FOR MONITORING OF POTENTIAL CONFLICTS. ANY TRANSACTIONS WITH AN INTERESTED PARTY ARE AT ARM'S LENGTH AND ARE DISCLOSED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF TRUSTEES DETERMINES THE COMPENSATION FOR THE HEAD OF SCHOOL USING VARIOUS METHODS THAT ENSURE THAT COMPENSATION IS IN LINE WITH THE FAIR MARKET RANGE FOR THE INDUSTRY. SURVEYS PROVIDED BY ORGANIZATIONS THAT SERVE AS CONSORTIUMS OF INDEPENDENT SCHOOLS ARE REFERENCED AND REVIEWED AS WELL AS FORMS 990 OF OTHER, SIMILAR ORGANIZATIONS. THE DISCUSSIONS AND DECISION BY THE EXECUTIVE COMMITTEE TAKE PLACE IN CLOSED SESSION, HOWEVER, THE HEAD OF SCHOOL'S COMPENSATION PACKAGE IS DISCUSSED WITH AND PRESENTED TO THE BOARD PRIOR TO THE FINAL DECISION. OTHER KEY EMPLOYEES HAVE THEIR COMPENSATION PACKAGE RESEARCHED BY THE HUMAN RESOURCES DEPARTMENT INCLUDING COMPARISON WITH INDUSTRY STANDARDS. THESE PACKAGES ARE PRESENTED TO THE HEAD OF SCHOOL FOR REVIEW AND FINAL APPROVAL AFTER DISCUSSIONS WITH THE BOARD PRIOR TO THE FINAL DECISION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES FROM THE PRIOR YEAR