REGENTS OF THE MERCERSBURG COLLEGE Charity Report

Public IRS 990 nonprofit record

REGENTS OF THE MERCERSBURG COLLEGE

EIN 23-1365963 · Education (B250)

What they do

MERCERSBURG ACADEMY is A STUDENT-CENTERED SCHOOL THAT ALLOWS STUDENTS to DEFINE THEMSELVES THROUGH THE ESTABLISHMENT of MEANINGFUL RELATIONSHIPS and EXPOSURE to A VAST RANGE of ACADEMIC, EXTRA-CURRICULAR, and CO-CURRICULAR OPPORTUNITIES. MERCERSBURG STUDENTS ACTIVELY and CONFIDENTLY EXPERIENCE THE WORLD BOTH ON CAMPUS and ABROAD. WE UNDERSTAND THE BENEFIT of EXPERIENTIAL LEARNING and PROVIDE THE IDEAL ACADEMIC SETTING for A BALANCED and AUTHENTIC LEARNING ENVIRONMENT. MERCERSBURG ACADEMY BELIEVES IN THE VALUE of HONORING OUR PAST, ENGAGING THE PRESENT, and PREPARING for THE FUTURE. FOUNDED IN 1893, MERCERSBURG ACADEMY is COMMITTED to PROVIDING STUDENTS WITH THE OPPORTUNITY to LIVE and LEARN IN A RICHLY DIVERSE ACADEMIC ENVIRONMENT THAT PROVIDES A RIGOROUS and RELEVANT CURRICULUM to APPROXIMATELY 440 BOARDING and DAY STUDENTS FROM OVER 30 STATES, INCLUDING THE DISTRICT of COLUMBIA, and MORE THAN 40 NATIONS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

46.90%of revenue went to mission work76.4% of expenses · Program services

3.84%of revenue went to fundraising6.3% of expenses

$61.38spent for every $100 of revenueRevenue covered expenses this year.

10.64%of revenue went to management and office costs17.3% of expenses

$11.69in assets for every $1 spent this yearSome assets cannot be spent right away.

27.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $670,644 for QUENTIN MCDOWELL (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$89,998,057

Mission workProgram services$42,211,72346.90% of revenue76.4% of expenses

ManagementOffice and general costs$9,578,14810.64% of revenue17.3% of expenses

FundraisingAsking for donations$3,453,6663.84% of revenue6.3% of expenses

Revenue left after expensesReported annual surplus$34,754,52038.62% of revenueShown in gray on the chart

Total expenses$55,243,53761.38% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.4% mission · 17.3% management · 6.3% fundraisingTotal expenses: 61.38% of revenue

2023Expense mix: 75.1% mission · 17.4% management · 7.5% fundraisingTotal expenses: 75.56% of revenue

2022Expense mix: 76.7% mission · 17.1% management · 6.2% fundraisingTotal expenses: 104.23% of revenue

2021Expense mix: 77.1% mission · 16.8% management · 6.1% fundraisingTotal expenses: 94.84% of revenue

2020Expense mix: 74.7% mission · 19.1% management · 6.2% fundraisingTotal expenses: 92.88% of revenue

2019Expense mix: 74.2% mission · 18.7% management · 7.2% fundraisingTotal expenses: 94.01% of revenue

2018Expense mix: 73.0% mission · 20.5% management · 6.5% fundraisingTotal expenses: 99.05% of revenue

2017Expense mix: 74.8% mission · 17.8% management · 7.4% fundraisingTotal expenses: 80.48% of revenue

Money in and money out

Revenue$89,998,057

Expenses$55,243,537

Annual surplus $34,754,520 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$42,211,723 · 76.4% of expenses

Management and office costs$9,578,148 · 17.3% of expenses

Fundraising$3,453,666 · 6.3% of expenses

See all reported dollar amounts

Revenue$89,998,057

Expenses$55,243,537

Assets$645,749,569

Income$249,138,691

Contributions$24,725,228

Mission work (program services)$42,211,723

Fundraising$3,453,666

Grants given$172,000

Average grant$11,467

Management and general$9,578,148

Stocks and bonds$56,679,306

Accounting fees$217,992

Investing fees$1,224,673

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

QUENTIN MCDOWELLHEAD OF SCHOOL · 70 hrs/week $670,644Base $511,739 · Other $158,905

ROCHELLE HARGRAVESCFO/COO · 60 hrs/week $398,295Base $294,066 · Other $104,229

JOHN RICHARDSONCHIEF ADVANCEMENT OFFICER · 60 hrs/week $285,618Base $235,576 · Other $50,042

JOHN CHEPRENDIRECTOR OF INFORMATION TECH · 50 hrs/week $283,068Base $158,147 · Other $124,921

JULIA MAURERASSOC HEAD OF SCHOOL FOR SCHOOL LIFE · 60 hrs/week $247,927Base $199,074 · Other $48,853

JENNIFER CRAIGASSOC. HEAD OF SCHOOL · 60 hrs/week $231,526Base $182,654 · Other $48,872

BRIAN NORDYKEDIR. OF FACILITIES (UNTIL 1/31/25) · 55 hrs/week $229,115Base $192,247 · Other $36,868

CAROLYN YEAGERCHIEF DEVELOPMENT OFFICER · 50 hrs/week $203,218Base $182,639 · Other $20,579

SUSAN ORTONDIRECTOR OF LEADERSHIP GIVING · 50 hrs/week $186,115Base $156,584 · Other $29,531

MELODY BATSONCONTROLLER · 50 hrs/week $178,577Base $149,670 · Other $28,907

AMY MARATHEDIR OF STRATEGIC MKTG & COMM · 50 hrs/week $148,302Base $133,237 · Other $15,065

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

QUENTIN MCDOWELLHEAD OF SCHOOL

ROCHELLE HARGRAVESCFO/COO

JOHN RICHARDSONCHIEF ADVANCEMENT OFFICER

JOHN CHEPRENDIRECTOR OF INFORMATION TECH

JULIA MAURERASSOC HEAD OF SCHOOL FOR SCHOOL LIFE

JENNIFER CRAIGASSOC. HEAD OF SCHOOL

BRIAN NORDYKEDIR. OF FACILITIES (UNTIL 1/31/25)

CAROLYN YEAGERCHIEF DEVELOPMENT OFFICER

SUSAN ORTONDIRECTOR OF LEADERSHIP GIVING

MELODY BATSONCONTROLLER

AMY MARATHEDIR OF STRATEGIC MKTG & COMM

MARTHA WEBBTRUSTEE

JASEN WRIGHTTRUSTEE

KATHARINE BROOKSTRUSTEE

LANE DECORDOVATRUSTEE

MAGDALENA KALATRUSTEE

VANESSA E YOUNGSTRUSTEE

THOMAS B HADZORPRESIDENT

RYAN COLBYTRUSTEE

SCOTT M WEAVERTRUSTEE

STEVEN M WAGSHALTRUSTEE

J BRUCE RICCIUTITRUSTEE

G AMES PRENTISSVICE PRESIDENT

FREDERICK KLEINTRUSTEE

DINA ZIMMERMANTRUSTEE

DIKACHI OSAJITRUSTEE

DAVID G WAGNERTRUSTEE

DAVE FLANAGANTRUSTEE

CYNTHIA BORGERTRUSTEE

CHUCK ROBERTSTRUSTEE

BETSY MITCHELLTRUSTEE

BETH SPURRYTRUSTEE

ANGELA KILLINGERTRUSTEE

ANDREW D ALPERT ESQTRUSTEE

AMY JONES SATROMVICE PRESIDENT

About this charity

Recognized since: January 1935
Location: 100 ACADEMY DR, MERCERSBURG, PA 17236-1524
County: Franklin
In care of: % REGE
Primary officer: ROCHELLE J HARGRAVES, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(717) 328-6110

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Education (B250)
Grant-giving organization: Yes