FREDERICA ACADEMY INC Charity Report

Public IRS 990 nonprofit record

FREDERICA ACADEMY INC

EIN 58-1093060 · Education (B200)

What they do

to MAXIMIZE EACH STUDENTS POTENTIAL and PREPARE HIM/HER for COLLEGE and ADULT LIFE THROUGH THE DEVELOPMENT of MIND, BODY, and SPIRIT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.50 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 leaders27 people are listed in the latest report.

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

Money made simple

63.87%of revenue went to mission work79.5% of expenses · Program services

3.71%of revenue went to fundraising4.6% of expenses

$80.35spent for every $100 of revenueRevenue covered expenses this year.

12.77%of revenue went to management and office costs15.9% of expenses

$2.92in assets for every $1 spent this yearSome assets cannot be spent right away.

31.9%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 $281,322 for SCOTT HUTCHINSON (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$15,133,875

Mission workProgram services$9,666,10763.87% of revenue79.5% of expenses

ManagementOffice and general costs$1,931,91712.77% of revenue15.9% of expenses

FundraisingAsking for donations$561,3623.71% of revenue4.6% of expenses

Revenue left after expensesReported annual surplus$2,974,48919.65% of revenueShown in gray on the chart

Total expenses$12,159,38680.35% 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: 79.5% mission · 15.9% management · 4.6% fundraisingTotal expenses: 80.35% of revenue

2023Expense mix: 81.0% mission · 14.8% management · 4.2% fundraisingTotal expenses: 83.03% of revenue

2022Expense mix: 83.7% mission · 12.1% management · 4.2% fundraisingTotal expenses: 86.55% of revenue

2021Expense mix: 82.6% mission · 12.6% management · 4.8% fundraisingTotal expenses: 62.64% of revenue

2020Expense mix: 80.7% mission · 15.6% management · 3.7% fundraisingTotal expenses: 92.38% of revenue

2019Expense mix: 84.0% mission · 12.6% management · 3.4% fundraisingTotal expenses: 101.86% of revenue

2018Expense mix: 86.3% mission · 10.1% management · 3.6% fundraisingTotal expenses: 101.29% of revenue

2017Expense mix: 83.5% mission · 12.9% management · 3.6% fundraisingTotal expenses: 95.12% of revenue

Money in and money out

Revenue$15,133,875

Expenses$12,159,386

Annual surplus $2,974,489 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)$9,666,107 · 79.5% of expenses

Management and office costs$1,931,917 · 15.9% of expenses

Fundraising$561,362 · 4.6% of expenses

See all reported dollar amounts

Revenue$15,133,875

Expenses$12,159,386

Assets$35,509,708

Income$18,224,147

Contributions$4,826,055

Mission work (program services)$9,666,107

Fundraising$561,362

Management and general$1,931,917

Stocks and bonds$5,147,817

Accounting fees$63,163

Investing fees$14,875

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

SCOTT HUTCHINSONHEAD OF SCHOOL · 40 hrs/week $281,322Base $257,275 · Other $24,047

JOHN POPECHIEF ADVANCEMENT OFFICER · 40 hrs/week $144,727Base $129,275 · Other $15,452

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 (27)

SCOTT HUTCHINSONHEAD OF SCHOOL

JOHN POPECHIEF ADVANCEMENT OFFICER

JARED VANNBOARD OF TRUSTEES

ZACHRY VEALBOARD OF TRUSTEES

VALERIE DUNNBOARD OF TRUSTEES

STEVE HOOVERBOARD OF TRUSTEES

PARKER LAVINBOARD OF TRUSTEES

OSCAR PATRONBOARD OF TRUSTEES

MARLA MELNYKBOARD OF TRUSTEES

KIRK WATSONBOARD OF TRUSTEES

KIM JOHNSONBOARD OF TRUSTEES

JOY MITCHELLBOARD OF TRUSTEES

JIM WALKERVICE CHAIR

JEFF SHIVERBOARD OF TRUSTEES

ADAM HAGFORSTREASURER

HILLARY JOHNSTONBOARD OF TRUSTEES

GREG JOHNSONBOARD OF TRUSTEES

GREER BROWNCHAIR

DEBORAH WRIGHTBOARD OF TRUSTEES

DANA CARTERBOARD OF TRUSTEES

DAN SPEIGHTBOARD OF TRUSTEES

BONNIE BROOKSBOARD OF TRUSTEES

BILLY SUDDATHBOARD OF TRUSTEES

ANN MCGLAUGHLINBOARD OF TRUSTEES

AMY HURSTBOARD OF TRUSTEES

ALLISON REIDSECRETARY

ALFRED SAMSBOARD OF TRUSTEES

About this charity

Recognized since: January 1970
Location: 200 MURRAY WAY, ST SIMONS ISLAND, GA 315221634
County: Glynn
In care of: AMY BULLARD
Primary officer: AMY BULLARD, CFO

How to reach them

WebsiteVisit the charity’s website Phone(912) 638-9981

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: ARMANINO ADVISORY LLC
NTEE classification: Education (B200)