Nonprofit · EIN 23-1178880
VALLEY FORGE MILITARY ACADEMY FOUNDATION
Tax-exempt · WAYNE, PA 19087
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,801,664 | $14,166,994 | -$4,365,330 | $41,854,697 | $8,946,470 | $32,908,227 |
| June 30, 2024 | 990 | $11,229,056 | $10,971,428 | $257,628 | $45,718,541 | $10,827,183 | $34,891,358 |
| June 30, 2023 | 990 | $23,193,972 | $18,866,734 | $4,327,238 | $43,710,785 | $10,619,090 | $33,091,695 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,956,512
- of which government grants
- $887,827
- Program service revenue
- $5,925,442
- Investment income
- $663,624
- Net rental income
- -$43,545
- Net gain from sales of assets
- $373,671
- Net income from fundraising events
- -$15,716
- Other revenue
- $1,256,086
Expenses
- Grants and similar amounts paid
- $1,611,259
- Compensation of officers, directors and key employees
- $409,780
- Other salaries and wages
- $3,360,218
- Salaries, compensation and benefits (total)
- $4,028,870
- Professional fundraising fees
- $0
- Accounting fees
- $89,830
- Travel
- $29,419
- Depreciation
- $1,372,105
- Program services (functional)
- $5,701,282
- Management and general (functional)
- $7,890,395
- Fundraising (functional)
- $575,317
Balance sheet and other
- Total assets, start of year
- $45,718,541
- Total assets, end of year
- $41,854,697
- Total liabilities, end of year
- $8,946,470
- Net assets, end of year
- $32,908,227
- Land, buildings and equipment
- $18,290,912
- Publicly traded securities
- $7,928,095
- Net assets without donor restrictions
- $5,236,142
- Net assets with donor restrictions
- $27,672,085
- Gross unrelated business income
- -$43,545
- Gross receipts
- $11,819,388
- Employees
- 92
- Volunteers
- 6
- Year formed
- 1928
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COL STUART HELGESON | PRESIDENT Officer | 40 | $232,923 | $15,488 |
| JOHN LANETTI | CHIEF FINANCIAL OFFICER Officer | 40 | $155,769 | $5,600 |
| JOHN ENGLISH | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| COL JOSEPH A BARTASIUS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COL KENNETH M DETREUX | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM R FLOYD JR END 022025 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK KELTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR WILLIAM H MARTOCCIA JR END 04202 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CONRAD E MUHLY IV | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR CHRISTINE ANNE ROYCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN TRATT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALOIS RUBENBAUER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JORIN C LINTZENICH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COL STUART HELGESON | PRESIDENT Officer | 40 | $169,904 | $15,284 |
| JOHN LANETTI | CHIEF FINANCIAL OFFICER Officer | 40 | $127,058 | $5,384 |
| WILLIAM D G MOTT | COMMANDANT OF CADETS Highest-paid employee | 40 | $102,891 | $11,316 |
| JOHN ENGLISH | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| COL JOSEPH A BARTASIUS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM R FLOYD JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK KELTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR WILLIAM H MARTOCCIA JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| J KENT MCNEW | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CONRAD E MUHLY IV | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR CHRISTINE ANNE ROYCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GEORGE H SCHILDGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN TRATT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COL KENNETH M DETREUX | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COL STUART HELGESON | PRESIDENT Officer | 40 | $188,364 | $34,971 |
| ERIC SAUL 7122 TO 11722 | CHIEF FINANCIAL OFFICER Officer | 40 | $131,264 | $23,682 |
| JOHN LANETTI 11722 TO 63023 | CHIEF FINANCIAL OFFICER Officer | 40 | $13,569 | $5,821 |
| JOHN ENGLISH | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| COL JOSEPH A BARTASIUS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM R FLOYD JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK KELTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR WILLIAM H MARTOCCIA JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| J KENT MCNEW | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CONRAD E MUHLY IV | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR CHRISTINE ANNE ROYCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GEORGE H SCHILDGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN TRATT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1001 EAGLE RD, WAYNE, PA 19087-3613
- Principal officer (990 for 2024)
- COL STUART B HELGESON, 1001 EAGLE ROAD, WAYNE, PA 19087
- Signed the 990
- JOHN LANETTI JR, CHIEF FINANCIAL OFFICER & TREA
- Phone
- (610) 989-1200
- Website
- WWW.VFMAC.EDU
- Return prepared by
- KREISCHER MILLER
Mission
TO EDUCATE CADETS, WITH 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.
Program accomplishments
- 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 88 STUDENTS DURING THE YEAR.Expenses $5,701,282 · grants $1,611,259 · revenue $5,925,442
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1178880
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1946
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B250)
- Assets (IRS master file)
- $41,854,697
- Income (IRS master file)
- $11,819,388
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,801,664 | $14,166,994 | $41,854,697 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $11,229,056 | $10,971,428 | $45,718,541 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $23,193,972 | $18,866,734 | $43,710,785 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $16,888,821 | $18,506,570 | $38,578,501 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-1178880).
Questions about VALLEY FORGE MILITARY ACADEMY FOUNDATION
- What is the EIN of VALLEY FORGE MILITARY ACADEMY FOUNDATION?
- The employer identification number (EIN) of VALLEY FORGE MILITARY ACADEMY FOUNDATION is 23-1178880.
- Is VALLEY FORGE MILITARY ACADEMY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Are donations to VALLEY FORGE MILITARY ACADEMY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY FORGE MILITARY ACADEMY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALLEY FORGE MILITARY ACADEMY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY FORGE MILITARY ACADEMY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of VALLEY FORGE MILITARY ACADEMY FOUNDATION?
- The 990 for the year ended June 30, 2025 names COL STUART B HELGESON.
- Who are the officers and directors of VALLEY FORGE MILITARY ACADEMY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 13 people; 2 received compensation from the organization, the highest $232,923 (COL STUART HELGESON, PRESIDENT).
- How much revenue does VALLEY FORGE MILITARY ACADEMY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,801,664, expenses of $14,166,994 and total assets of $41,854,697 at year end.
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