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Nonprofit · EIN 54-1568499

FREDERICKSBURG ACADEMY

Tax-exempt · FREDERICKSBRG, VA 22408

Financials

$10.6M$10.3M2022$12M$11.1M2023$13.1M$12.1M2024
Revenue Expenses · by fiscal year end
Financials of FREDERICKSBURG ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$13,087,943$12,066,363$1,021,580$20,953,920$10,527,032$10,426,888
June 30, 2024990$11,950,365$11,088,316$862,049$19,626,158$10,251,066$9,375,092
June 30, 2023990$10,581,044$10,348,425$232,619$17,036,474$9,927,078$7,109,396
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$305,675
Program service revenue
$12,336,348
Investment income
$256,429
Net rental income
$57,093
Net gain from sales of assets
$472
Net income from fundraising events
$109,719
Net income from sales of inventory
$2,760
Other revenue
$189,491

Expenses

Grants and similar amounts paid
$2,959,619
Compensation of officers, directors and key employees
$201,479
Other salaries and wages
$4,848,631
Salaries, compensation and benefits (total)
$6,196,332
Professional fundraising fees
$0
Legal fees
$445
Accounting fees
$30,000
Occupancy
$715,997
Travel
$44,950
Depreciation
$606,171
Program services (functional)
$11,206,464
Management and general (functional)
$826,476
Fundraising (functional)
$33,423

Balance sheet and other

Total assets, start of year
$19,661,016
Total assets, end of year
$20,953,920
Total liabilities, end of year
$10,527,032
Net assets, end of year
$10,426,888
Land, buildings and equipment
$13,806,281
Net assets without donor restrictions
$9,143,666
Net assets with donor restrictions
$1,283,222
Gross receipts
$13,228,690
Employees
199
Volunteers
16
Year formed
1992
State of legal domicile
VA

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.

NameTitleHours / weekCompensationOther / benefits
KAREN MOSCHETTOHEAD OF SCHOOL
Trustee or director, Officer
60$177,500$21,101
PATRICIA ESTESHEAD OF LOWER SCHOOL
Highest-paid employee
50$102,395$15,844
ANTHONY DURSOHEAD OF UPPER SCHOOL
Highest-paid employee
50$104,085$7,632
JOSHUA COOPERTREASURER
Trustee or director, Officer
1$0$0
CHRISTOPHER HEINZTRUSTEE
Trustee or director
1$0$0
TAMMY SANDYTRUSTEE
Trustee or director
1$0$0
MICHAEL JACOBSONSECRETARY
Trustee or director, Officer
1$0$0
XAVIER RICHARDSONTRUSTEE
Trustee or director
1$0$0
LAUREN-NICOLE JINIERFIRST VICE PRESIDENT
Trustee or director, Officer
1$0$0
JOSEPH AMBERGERPRESIDENT
Trustee or director, Officer
3$0$0
CHARLES PAYNETRUSTEE
Trustee or director
1$0$0
DUSTIN CLEMENTSTRUSTEE
Trustee or director
1$0$0
PATRICK R MAREKTRUSTEE
Trustee or director
1$0$0
CHRISTOPHER D NEWMANTRUSTEE
Trustee or director
1$0$0
RUBEN D BELCHERTRUSTEE
Trustee or director
1$0$0
4 more people on this return
NameTitleHours / weekCompensation
RYAN C FERNETTTRUSTEE
Trustee or director
1$0
WILLIAM G FREELINGTRUSTEE
Trustee or director
1$0
WILLIAM L MURRAYTRUSTEE
Trustee or director
1$0
TANYA L THRASHERTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 17 people
NameTitleHours / weekCompensation
KAREN MOSCHETTOEX-OFFICIO (HEAD OF SCHOOL
Trustee or director, Officer
45$175,000
JOSHUA COOPERTREASURER
Trustee or director, Officer
1$0
CHRISTOPHER HEINZTRUSTEE
Trustee or director
1$0
TAMMY SANDYTRUSTEE
Trustee or director
1$0
MICHAEL JACOBSONSECRETARY
Trustee or director, Officer
1$0
XAVIER RICHARDSONTRUSTEE
Trustee or director
1$0
LAUREN-NICOLE JINIERFIRST VICE PRESIDENT
Trustee or director, Officer
1$0
JOSEPH AMBERGERPRESIDENT
Trustee or director, Officer
3$0
CHARLES PAYNETRUSTEE
Trustee or director
1$0
DUSTIN CLEMENTSTRUSTEE
Trustee or director
1$0
PATRICK R MAREKTRUSTEE
Trustee or director
1$0
CHRISTOPHER D NEWMANSECOND VICE PRESIDENT
Trustee or director, Officer
1$0
RUBEN D BELCHERTRUSTEE
Trustee or director
1$0
RYAN C FERNETTTRUSTEE
Trustee or director
1$0
WILLIAM G FREELINGTRUSTEE
Trustee or director
1$0
WILLIAM L MURRAYTRUSTEE
Trustee or director
1$0
TANYA L THRASHERTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensation
KAREN MOSCHETTOEX-OFFICIO (HEAD OF SCHOOL
Trustee or director, Officer
45$177,430
JOSHUA COOPERTREASURER
Trustee or director, Officer
1$0
CHRISTOPHER HEINZTRUSTEE
Trustee or director
1$0
TAMMY SANDYTRUSTEE
Trustee or director
1$0
MICHAEL JACOBSONSECRETARY
Trustee or director, Officer
1$0
XAVIER RICHARDSONTRUSTEE
Trustee or director
1$0
LAUREN-NICOLE JINIERFIRST VICE PRESIDENT
Trustee or director, Officer
1$0
JOSEPH AMBERGERPRESIDENT
Trustee or director, Officer
3$0
CHARLES PAYNETRUSTEE
Trustee or director
1$0
DUSTIN CLEMENTSTRUSTEE
Trustee or director
1$0
PATRICK R MAREKTRUSTEE
Trustee or director
1$0
CHRISTOPHER D NEWMANSECOND VICE PRESIDENT
Trustee or director, Officer
1$0
RUBEN D BELCHERTRUSTEE
Trustee or director
1$0
RYAN C FERNETTTRUSTEE
Trustee or director
1$0
WILLIAM G FREELINGTRUSTEE
Trustee or director
1$0
WILLIAM L MURRAYTRUSTEE
Trustee or director
1$0
TANYA L THRASHERTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
10800 ACADEMY DR, FREDERICKSBRG, VA 22408-1938
In care of
% DEBRA LEE-RIZZI DIR FINANCE
Principal officer (990 for 2024)
KAREN MOSCHETTO, 10800 ACADEMY DRIVE, FREDERICKSBURG, VA 22408
Signed the 990
KAREN MOSCHETTO, HEAD OF SCHOOL
Phone
(540) 898-0020
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

WE INSPIRE AND EMPOWER OUR STUDENTS TO DISCOVER, TO ENGAGE, AND TO IMAGINE THE LIMITLESS NATURE OF THEMSELVES AND THE WORLD.

990 for the year ended June 30, 2025

Program accomplishments

  • THE SCHOOL HAS THREE DIVISIONS: LOWER SCHOOL, WHICH INCLUDES THE EARLY CHILDHOOD PROGRAM THROUGH FIFTH GRADE; MIDDLE SCHOOL, GRADES SIX THROUGH EIGHT; UPPER SCHOOL, GRADES NINE THROUGH TWELVE. LOWER SCHOOL ACCOMPLISHMENTS INCLUDE CROSS-GRADE-LEVEL CONNECTIONS AND MENTORSHIP OPPORTUNITIES, FOREIGN LANGUAGE INSTRUCTION FOR ALL STUDENTS, CHARACTER EDUCATION, MULTIPLE OPPORTUNITIES TO SPEAK PUBLICLY AND PERFORM ON STAGE, THE INTRODUCTION OF A DIGITAL PORTFOLIO, AN IPAD PROGRAM, AND EXTRACURRICULAR OPPORTUNITIES SUCH AS JUNIOR MASTER GARDENERS, INTERNATIONAL CLUB, AND RUNNING CLUB. MIDDLE SCHOOL ACCOMPLISHMENTS INCLUDE MULTIPLE OPPORTUNITIES FOR ELECTED STUDENT LEADERSHIP, A HANDS-ON FOCUS ON SUSTAINABILITY IN SCIENCE CURRICULUM, EMPHASIS ON SERVICE AND GLOBAL CITIZENSHIP ACROSS THE CURRICULUM, THE GLOBAL EXPLORERS PROGRAM, MEANINGFUL OFF-CAMPUS EXPERIENCES, INTERSCHOLASTIC ATHLETICS, A THRIVING FINE ARTS PROGRAM, AND A FACULTY ADVISORY PROGRAM. UPPER SCHOOL ACCOMPLISHMENTS INCLUDE THE 1:1 LAPTOP PROGRAM AND INTEGRATION OF INSTRUCTIONAL TECHNOLOGY ACROSS THE CURRICULUM, THE SENIOR EXHIBIT INDEPENDENT - STUDY EXPERIENCE, INDIVIDUALIZED COLLEGE COUNSELING, A FACULTY ADVISORY PROGRAM, THRIVING PROGRAMS IN THE ARTS AND SCHOLASTIC JOURNALISM, INTERSCHOLASTIC ATHLETICS, EMPHASIS ON EFFECTIVE WRITTEN AND ORAL COMMUNICATION, AND AUTHENTIC LEADERSHIP BY THE STUDENT GOVERNMENT, HONOR COUNCIL, AND DISCIPLINE COMMITTEE.
    Expenses $11,206,464 · grants $2,959,619 · revenue $12,339,108

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
54-1568499
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B200)
Assets (IRS master file)
$20,953,920
Income (IRS master file)
$13,228,690

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$13,087,943$12,066,363$20,953,920IRS
990June 2024$11,950,365$11,088,316$19,626,158IRS
990June 2023$10,581,044$10,348,425$17,036,474XML
990June 2022$10,152,012$9,934,986$16,548,090IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 54-1568499).

Questions about FREDERICKSBURG ACADEMY

What is the EIN of FREDERICKSBURG ACADEMY?
The employer identification number (EIN) of FREDERICKSBURG ACADEMY is 54-1568499.
Is FREDERICKSBURG ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to FREDERICKSBURG ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREDERICKSBURG ACADEMY 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 FREDERICKSBURG ACADEMY 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 FREDERICKSBURG ACADEMY 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 FREDERICKSBURG ACADEMY?
The 990 for the year ended June 30, 2025 names KAREN MOSCHETTO.
Who are the officers and directors of FREDERICKSBURG ACADEMY?
The 990 for the year ended June 30, 2025 lists 19 people; 3 received compensation from the organization, the highest $177,500 (KAREN MOSCHETTO, HEAD OF SCHOOL).
How much revenue does FREDERICKSBURG ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $13,087,943, expenses of $12,066,363 and total assets of $20,953,920 at year end.

Other nonprofits in FREDERICKSBRG

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