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Fredericksburg Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541568499 ✦ Fredericksburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Fredericksburg Academy?

Fredericksburg Academy is a nonprofit educational institution located in Fredericksburg, Virginia. It is divided into three divisions: Lower School, Middle School, and Upper School. The Lower School, catering to early childhood to fifth grade, focuses on cross-grade-level connections, character education, foreign language instruction, public speaking opportunities, and digital portfolios. Middle School emphasizes student leadership, sustainability in science curriculum, service, global citizenship, off-campus experiences, interscholastic athletics, and a robust fine arts program. Upper School introduces a one-to-one laptop program, independent study experiences, individualized college counseling, and a thriving arts and scholastic journalism program. The mission of Fredericksburg Academy is to inspire and empower its students to explore, engage, and imagine the limitless potential within themselves and the world, with a total of 176 employees.


Official website here: www.fredericksburgacademy.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 90% (Four-Star out of Four Star Rating)**

Fredericksburg Academy has received a commendable Four-Star rating from Charity Navigator, with a score of 90%. This rating highlights the organization’s strong performance in accountability and finance, showcasing an independent board composed of 92% members and an exemplary audit of financial statements. Their commitment to sound financial practices is underscored by a high program expense ratio of 92.88%, indicating that most of their funds are directed toward their mission.

The organization’s financial health is primarily supported by contributions and gross receipts related to exempt purposes, demonstrating effective fundraising strategies. Its policies, such as conflict of interest and whistleblower policies, are well-established, contributing to overall transparency. However, the liabilities to assets ratio could indicate some level of financial risk, as it stands at 58.44%.

Unfortunately, user reviews from GreatNonprofits could not be fetched, so feedback related to personal experiences with Fredericksburg Academy remains unavailable. However, the insights provided by Charity Navigator present a promising picture of a financially responsible and accountable organization.


This AI summary has been generated from information found on Charity Navigator.

Is Fredericksburg Academy legitimate?

Fredericksburg Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fredericksburg 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fredericksburgacademy.org

What is the mission statement of Fredericksburg Academy?

Fredericksburg Academy's mission is centered around inspiring and empowering its students. The institution encourages students to explore their potential, engage with various opportunities, and imagine the limitless possibilities of themselves and the world. The academy has three divisions: Lower School, Middle School, and Upper School. Each division offers unique programs and opportunities designed to foster personal growth and development. For instance, the Lower School focuses on cross-grade-level connections, foreign language instruction, character education, public speaking, and digital portfolio development. The Middle School emphasizes student leadership, sustainability, service, global citizenship, off-campus experiences, and a strong arts program. The Upper School incorporates instructional technology, individualized college counseling, arts and journalism programs, athletics, effective communication, and student leadership opportunities.


Official website here: www.fredericksburgacademy.org

Who is the CEO of Fredericksburg Academy?

Karen Moschetto is the Treasurer of Fredericksburg Academy.


Official website here: www.fredericksburgacademy.org

What is the revenue of Fredericksburg Academy?

Fredericksburg Academy's revenue in 2022 was $10,152,012.


Official website here: www.fredericksburgacademy.org

Who are the executives of Fredericksburg Academy and what are their salaries?

There are 176 employees and 75 volunteers at Fredericksburg Academy.


Here are 14 key members and their salaries:


Joshua Cooper (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Heinz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Sandy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jacobson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xavier Richardson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Wack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Jinier (V-P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Amberger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Moschetto (Ex-Officio (Head Of School)
  • Compensation: $167,782
  • Related: $0
  • Other: $0
Diane Kolodgie (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Payne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Clements (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick R Marek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher D Newman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fredericksburgacademy.org

Where can I find the form 990 for Fredericksburg Academy?

Fredericksburg Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fredericksburgacademy.org

Learn more at the official website: www.fredericksburgacademy.org

Mission Statement of Fredericksburg Academy

Fredericksburg Academy, a renowned educational institution, is dedicated to inspiring and empowering its students to explore their limitless potential and engage with the world around them. The academy's mission is to foster an environment where students can discover their innate abilities, engage in meaningful experiences, and imagine the boundless possibilities that exist within themselves and the world.

Throughout its three divisions - Lower School, Middle School, and Upper School - Fredericksburg Academy provides a comprehensive educational experience. The Lower School encourages cross-grade-level connections, character education, and public speaking opportunities. It also offers foreign language instruction, digital portfolio creation, and various extracurricular activities. The Middle School focuses on student leadership, sustainability, global citizenship, service projects, and fine arts education. The Upper School integrates instructional technology into its curriculum, offers a senior exhibit independent-study experience, individualized college counseling, and thriving programs in the arts and scholastic journalism.

In essence, Fredericksburg Academy's mission is to nurture well-rounded individuals who are equipped with the skills and knowledge necessary to engage with the world in a meaningful way. By fostering a love of learning, encouraging exploration, and promoting the development of critical thinking and leadership skills, the academy empowers its students to become active participants in their own lives and the world beyond.

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Impact




July, 2024

Fredericksburg Academy inspires and empowers its students to discover, engage, and imagine the limitless nature of themselves and the world. Through its three divisions - Lower School, Middle School, and Upper School - the academy provides a comprehensive educational experience that fosters leadership, service, global citizenship, and academic excellence.

In the Lower School, students benefit from cross-grade-level connections, character education, foreign language instruction, and a range of extracurricular activities such as the Junior Master Gardeners program and International Club. Middle School students have opportunities for elected student leadership, hands-on sustainability education, and meaningful off-campus experiences that instill values of service and global citizenship. The Upper School emphasizes individualized college counseling, a 1:1 laptop program, and thriving programs in the arts and scholastic journalism.

Overall, Fredericksburg Academy's impact lies in nurturing well-rounded students who are equipped with the skills, knowledge, and values to succeed academically, socially, and professionally in an ever-evolving world.




This information is meant to be a general summary of Fredericksburg 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.

Revenue
$10,152,012 (2022)
Expenses
$9,934,986 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$9,866
  • Program Service Revenue: $9,416,761
  • Gross Receipts: $10,227,722

Assets and Liabilities:

  • Total Assets: $16,548,090
  • Total Liabilities: $9,671,313
  • Net Assets: $6,876,777

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GROSS TUITION AND FEES

Revenue

$9,006,295

SUMMER AND OTHER PROGRAMS

Revenue

$292,153

AUXILIARY PROGRAMS

Revenue

$118,313

Organization Details

Founding Year

1992

Principal Officer

Karen Moschetto

Main Address

10800 ACADEMY DRIVE, FREDERICKSBURG, VA, 22408

NTEE Category

Code: B200 - Education

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