Overview
What is Randolph-Macon Academy?
Randolph-Macon Academy is a college-preparatory boarding institution located at 200 Academy Drive, Front Royal, VA 22630. The organization employs 165 individuals and focuses on preparing qualified young people for leadership roles in the United States and beyond, incorporating military values into its educational approach. All expenses at the academy are directly linked to the essential activities required for the successful operation of a boarding education establishment.
Official website here: www.rma.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Randolph-Macon Academy has achieved a remarkable 96% rating from Charity Navigator, indicating a strong commitment to accountability and financial management. This high score is derived entirely from their Accountability & Finance metrics, demonstrating a well-structured organization with no reported material diversion of assets. The independent board members and comprehensive financial oversight reflect a commitment to transparency and good governance.
The organization excels in maintaining an independent board, with 100% of its members being independent, showcasing a robust governance structure. The Academy's financial statements are rigorously audited, and they have established policies regarding conflict of interest, whistleblower protections, and document retention, which further enhance their accountability. Additionally, their program expense ratio stands at 79.67%, indicating a significant portion of funds is directed towards program activities rather than administrative costs.
While the data highlights numerous strengths, it is essential for potential supporters to consider the overall impact of the Academy’s programs in the community. The focus on accountability is commendable, but understanding the outcomes of their initiatives could provide a more comprehensive picture of their effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Randolph-Macon Academy?
92% of 79 reviewers on Facebook recommend Randolph-Macon Academy. Here is a summary of their reviews:
The overall sentiment towards the academy is positive, with many highlighting the beautiful campus and welcoming atmosphere. Reviewers frequently mention the friendliness of the staff, noting their engaging and caring nature, which contributes to a sense of community.
People express appreciation for the efforts made by the staff, indicating that interactions leave a favorable impression. The positive engagement with visitors and the evident dedication to the students point to a supportive environment at Randolph-Macon Academy.
This AI summary has been generated from reviews found on Facebook.
Is Randolph-Macon Academy legitimate?
Randolph-Macon Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Randolph-Macon Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $315,253
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,506,071
For more financial information, click here
Official website here: www.rma.edu
What is the mission statement of Randolph-Macon Academy?
Randolph-Macon Academy is a college-preparatory school dedicated to shaping qualified young people into future leaders, both in the United States and abroad. Drawing inspiration from military values, the institution prepares its students for leadership roles through rigorous education. The school focuses on all the necessary expenses to effectively run a boarding education institution, ensuring a well-rounded experience for its students. The mission at Randolph-Macon Academy is to cultivate young minds and prepare them for success in their future endeavors, instilling essential leadership skills. Through its academic programs, the institution fosters a disciplined environment conducive to personal growth and development.
Official website here: www.rma.edu
Who is the CEO of Randolph-Macon Academy?
David C Wesley is the President of Randolph-Macon Academy.
Official website here: www.rma.edu
What is the revenue of Randolph-Macon Academy?
Randolph-Macon Academy's revenue in 2023 was $20,602,757.
Official website here: www.rma.edu
Who are the executives of Randolph-Macon Academy and what are their salaries?
The average compensation at Randolph-Macon Academy during 2023 was $41,341. There are 165 employees and 26 volunteers at Randolph-Macon Academy.
Here are 20 key members and their salaries:
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Official website here: www.rma.edu
Where can I find the form 990 for Randolph-Macon Academy?
Randolph-Macon Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rma.edu
Learn more at the official website: www.rma.edu
Mission Statement of Randolph-Macon Academy
Randolph-Macon Academy, a college-preparatory school, is dedicated to shaping the future leaders of the United States and the world. By incorporating military values into its educational approach, this institution prepares young people for success with a unique and effective method.
The mission of Randolph-Macon Academy is threefold. First, it serves as a college-preparatory school designed to qualify students for higher education. Second, it fosters leadership roles for its students, giving them the skills and knowledge needed to take charge in various domains. Lastly, it extends its reach beyond the United States, welcoming students from around the world to participate in its programs.
Randolph-Macon Academy's commitment to fostering leadership extends beyond the classroom. Its program and service expenses are directly related to the activities necessary for operating a boarding education institution, ensuring that students receive a well-rounded experience. In practice, this means providing students with opportunities to develop discipline, responsibility, and teamwork – all essential skills for effective leadership.
Throughout the academy, students are encouraged to embrace the core values of military traditions, such as respect, integrity, and self-discipline. These values serve as the foundation for their personal growth and success. The rigorous academic curriculum, combined with the development of essential leadership skills, prepares students for a future filled with opportunities and challenges.
In summary, Randolph-Macon Academy is more than just a school. It's a community that fosters the personal and academic growth of young people, instilling in them the values and skills necessary to lead and succeed, both in the United States and around the world.
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Impact
October, 2024
Randolph-Macon Academy plays a significant role in shaping future leaders by molding young individuals through a structured educational environment that emphasizes military values. Located in Front Royal, Virginia, the academy focuses on college preparatory education, ensuring that students are not only academically equipped but also instilled with discipline, integrity, and a sense of responsibility. Through its rigorous programs and commitment to leadership development, the academy prepares qualified young people for impactful roles both within the United States and globally. By combining academic excellence with the principles of military training, Randolph-Macon Academy fosters resilience, teamwork, and a strong moral foundation, empowering students to excel in their future endeavors.
This information is meant to be a general summary of Randolph-Macon Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$452,768
- Program Service Revenue: $13,954,943
- Gross Receipts: $22,933,655
Assets and Liabilities:
- Total Assets: $39,709,276
- Total Liabilities: $6,251,425
- Net Assets: $33,457,851
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOARD AND TUITION
Revenue
$13,171,798
STUDENT SERVICES
Revenue
$530,823
LAUNDRY AND DRY CLEANING
Revenue
$227,464
STUDENT FEES
Revenue
$24,858
Organization Details
Founding Year
1892
Phone
(540) 636-5200Principal Officer
David C Wesley
Main Address
200 ACADEMY DRIVE, FRONT ROYAL, VA, 22630
Website
www.rma.eduNTEE Category
Code: B25Z - Education
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