2025-05-13T11:23:31-05:00 2024-06-30 580673524 MSTILLER LLC 777 GLOUCESTER STREET SUITE 201 BRUNSWICK GA 31520 990 2023-07-01 581093060 FREDERICA ACADEMY INC FRED 9126389981 200 MURRAY WAY ST SIMONS ISLAND GA 315221634 STEVE LOPICCOLO CHIEF FINANCIAL OFFICER 9126389981 2025-05-13 1 0 ANGELA L HEYS P00358915 9122651750 2025-05-13 2023 2025-03-06 01:10:19Z STEVE LOPICCOLO 200 MURRAY WAY ST SIMONS ISLAND GA 315221634 16899482 0 X WWW.FREDERICAACADEMY.ORG X 1969 GA TO MAXIMIZE EACH STUDENT'S POTENTIAL AND PREPARE HIM/HER FOR COLLEGE AND ADULT LIFE THROUGH THE DEVELOPMENT OF MIND, BODY, AND SPIRIT. 24 24 131 100 0 0 3583814 4192806 9835753 10951821 372868 389620 10526 85602 13802961 15619849 0 0 0 0 6252199 6455199 5927 6522 549678 5688963 6507622 11947089 12969343 1855872 2650506 28969731 31897463 9376879 9508111 19592852 22389352 TO MAXIMIZE EACH STUDENT'S POTENTIAL AND PREPARE HIM/HER FOR COLLEGE AND ADULT LIFE THROUGH THE DEVELOPMENT OF MIND, BODY, AND SPIRIT. 0 0 10503441 10951821 FREDERICA ACADEMY SERVES APPROXIMATELY 450 STUDENTS IN GRADES PK-12 EACH YEAR. FREDERICA ACADEMY'S COLLEGE PREPARATORY PROGRAM SERVES FAMILIES FROM GLYNN AND THE SURROUNDING COUNTIES AND IS THE ONLY INDEPENDENT SCHOOL BETWEEN JACKSONVILLE, FLORIDA AND SAVANNAH, GEORGIA. FREDERICA'S NEED-BASED FINANCIAL AID PROGRAM PROMOTES ETHNIC AND ECONOMIC DIVERSITY. 10503441 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 1 0 0 0 1 40 0 1 131 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 GA X STEVE LOPICCOLO 9126389981 200 MURRAY WAY ST SIMONS ISLAND GA 315221634 X ALFRED SAMS BOARD OF TRUSTEES 1.00 X 0 0 0 ANN MCGLAUGHLIN SECRETARY 1.00 X X 0 0 0 GREG JOHNSON BOARD OF TRUSTEES 1.00 X 0 0 0 DANA CARTER BOARD OF TRUSTEES 1.00 X 0 0 0 DEBORAH WRIGHT BOARD OF TRUSTEES 1.00 X 0 0 0 GREER BROWN CHAIR 1.00 X X 0 0 0 BONNIE BROOKS BOARD OF TRUSTEES 1.00 X 0 0 0 HILLARY JOHNSTON BOARD OF TRUSTEES 1.00 X 0 0 0 JARED VANN BOARD OF TRUSTEES 1.00 X 0 0 0 JIM WALKER VICE CHAIR 1.00 X X 0 0 0 KIM JOHNSON BOARD OF TRUSTEES 1.00 X 0 0 0 KIRK WATSON BOARD OF TRUSTEES 1.00 X 0 0 0 PARKER LAVIN BOARD OF TRUSTEES 1.00 X 0 0 0 VALERIE DUNN BOARD OF TRUSTEES 1.00 X 0 0 0 OSCAR PATRON BOARD OF TRUSTEES 1.00 X 0 0 0 STEVE HOOVER BOARD OF TRUSTEES 1.00 X 0 0 0 MARLA MELNYK BOARD OF TRUSTEES 1.00 X 0 0 0 JOY MITCHELL BOARD OF TRUSTEES 1.00 X 0 0 0 BILLY SUDDATH BOARD OF TRUSTEES 1.00 X 0 0 0 ADAM HAGFORS TREASURER 1.00 X X 0 0 0 ZACHRY VEAL BOARD OF TRUSTEES 1.00 X 0 0 0 ALLISON REID BOARD OF TRUSTEES 1.00 X 0 0 0 JEFF SHIVER BOARD OF TRUSTEES 1.00 X 0 0 0 DAN SPEIGHT BOARD OF TRUSTEES 1.00 X 0 0 0 SCOTT HUTCHINSON HEAD OF SCHOOL 40.00 X 247350 0 23294 JOHN POPE CHIEF ADVANCEMENT OFFICER 40.00 X 124872 0 15092 372222 0 38386 2 0 1 0 0 189123 4003683 586523 4192806 TUITION AND FEES 611600 9737412 9737412 AUXILIARY REVENUE 611710 813104 813104 OTHER INCOME 611710 401305 401305 10951821 160555 160555 1389041 1157789 2187 231252 -2187 229065 229065 205259 189123 119657 85602 85602 15619849 10951821 0 475222 X 247351 74205 86573 86573 4867994 4018070 629576 220348 240160 192128 33622 14410 723648 504858 174862 43928 376046 300837 52646 22563 59105 59105 6522 6522 10961 10961 39706 1774 37932 151212 6999 141395 2818 79699 79699 51005 51005 941020 875149 65871 321617 13910 306782 925 FINANCIAL AID AND STAFF 1991489 1991489 BUILDING REPAIRS & MAIN 678136 661181 14638 2317 SPECIAL EVENTS 414443 346977 20426 47040 UTILITIES 307060 290408 15705 947 1462169 1147531 251283 63355 12969343 10503441 1916224 549678 1364657 2126765 507076 1284904 3279038 2023307 1313605 1301772 239606 279943 26675806 6448036 18086707 20227770 4134604 4612485 44438 40517 28969731 31897463 822655 575459 6898515 7414242 1655709 1518410 9376879 9508111 X 13174402 16516728 6418450 5872624 19592852 22389352 28969731 31897463 2650506 145994 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4209181 339363 521301 352331 4717514 3844014 77738 366752 79323 4209181 3731865 226450 -114301 3844014 2521644 703412 506809 3731865 2426555 309 94780 2521644 0.42896 0.47242 0.09862 0 0 5582908 5582908 14260946 4257712 10003234 5401805 1854789 3547016 1430147 335535 1094612 20227770 X 15754879 145994 145994 15608885 10964 10964 15619849 12958379 0 12958379 10964 10964 12969343 PART X, LINE 2: INCOME TAXES: THE ACADEMY IS A TAX EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND AS SUCH GENERALLY IS NOT SUBJECT TO INCOME TAXES EXCEPT FOR INCOME FOR UNRELATED BUSINESS ACTIVITY. THE ACADEMY HAS EVALUATED BOTH ITS FEDERAL AND STATE INCOME TAX POSITIONS, INCLUDING POSITIONS THAT COULD HAVE AN EFFECT ON THE ACADEMY'S EXEMPT STATUS, AND HAS CONCLUDED THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE. PART XI, LINE 4A AND PART XII, LINE 4A THE $10,964 IS COMPOSED OF INVESTMENT FEES NETTED AGAINST INVESTMENT INCOME IN THE AUDIT REPORT, BUT REPORTED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL NEWSPAPER ADVERTISEMENTS AND BROCHURES PERTAINING TO ADMISSION CONTAIN EQUAL OPPORTUNITY ADMISSION STATEMENTS. DERBY DAY 394382 189123 205259 119657 394382 189123 205259 119657 119657 85602 X X 0 0 0 0 0 0 0 0 0 SCOTT HUTCHINSON HEAD OF SCHOOL 247350 0 0 0 0 0 15060 0 8234 0 270644 0 0 0 PATRICK PARKER FORMER BOARD MEMBER OF FREDERICA & PRIMESOUTH BANK 237654 PRIMESOUTH PROVIDES FINANCING FOR STUDENTS BACKED BY FREDERICA AND HOLDS A MONEY MARKET ACCOUNT FOR FREDERICA 0 JIM WALKER BOARD MEMBER OF FREDERICA & CEO OF PRIMESOUTH 237654 PRIMESOUTH PROVIDES FINANCING FOR STUDENTS BACKED BY FREDERICA AND HOLDS A MONEY MARKET ACCOUNT FOR FREDERICA 0 X 15 397400 FMV X SILENT AUCTION ITEMS 255 98303 FMV X LIVE AUCTION ITEMS 14 90820 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD TREASURER AND KEY EMPLOYEES REVIEW FORM 990. THE FULL BOARD OF TRUSTEESS REVIEWS AND APPROVES FORM 990 BEFORE IT IS FILED. SINCE THERE ARE DONORS THAT PREFER TO REMAIN ANONYMOUS, SCHEDULE B IS OMITTED FROM THE 990 PRESENTED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES AND KEY EMPLOYEES ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSE POTENTIAL CONFLICTS, IF ANY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD COMPENSATION COMMITTEE REVIEWS DATA RECEIVED ANNUALLY FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. DATA INCLUDES EXECUTIVE COMPENSATION COMPARISONS BY REGION AND SCHOOL ENROLLMENT. THE RATE OF PAY IS SET BY THE COMMITTEE AND THE EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL IS SIGNED BY THE CHAIRMAN OF THE BOARD. THE HEAD OF SCHOOL AND DIRECTOR OF FINANCE ANNUALLY REVIEW DATA RECEIVED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. DATA INCLUDES COMPENSATION COMPARISONS BY REGION AND SCHOOL ENROLLMENT FOR SCHOOL ADMINISTRATORS AND FACULTY AS WELL AS YEARS OF EXPERIENCE AND EDUCATION. RATES OF PAY ARE SET BY THE HEAD OF SCHOOL WHO ALSO SIGNS EMPLOYMENT CONTRACTS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ACADEMY MAKES AVAILABLE FOR VIEWING ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND AUDITED FINANCIAL STATEMENTS. FORM 990, PART IX, LINE 24E LUNCHROOM PURCHASES: PROGRAM SERVICE EXPENSES 255,975. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 255,975. GROUND MAINTENANCE: PROGRAM SERVICE EXPENSES 188,508. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 188,508. ATHLETIC UNIFORMS & SUPPLIES: PROGRAM SERVICE EXPENSES 182,654. MANAGEMENT AND GENERAL EXPENSES -2,060. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 180,594. TECHNOLOGY SUPPLIES: PROGRAM SERVICE EXPENSES 44,398. MANAGEMENT AND GENERAL EXPENSES 71,166. FUNDRAISING EXPENSES 1,217. TOTAL EXPENSES 116,781. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 26,457. MANAGEMENT AND GENERAL EXPENSES 54,934. FUNDRAISING EXPENSES 23,631. TOTAL EXPENSES 105,022. CLASSROOM SUPPLIES: PROGRAM SERVICE EXPENSES 71,648. MANAGEMENT AND GENERAL EXPENSES 26,315. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 97,963. FIELD TRIPS: PROGRAM SERVICE EXPENSES 88,857. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,857. EQUIPMENT REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 76,978. MANAGEMENT AND GENERAL EXPENSES 1,061. FUNDRAISING EXPENSES 52. TOTAL EXPENSES 78,091. OFFICE SUPPLIES & PRINTING: PROGRAM SERVICE EXPENSES 29,409. MANAGEMENT AND GENERAL EXPENSES 21,095. FUNDRAISING EXPENSES 16,194. TOTAL EXPENSES 66,698. BANK & CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 2,124. MANAGEMENT AND GENERAL EXPENSES 48,582. FUNDRAISING EXPENSES 3. TOTAL EXPENSES 50,709. YEARBOOK: PROGRAM SERVICE EXPENSES 39,505. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,505. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 26,165. MANAGEMENT AND GENERAL EXPENSES 594. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,759. SUPPLIES: PROGRAM SERVICE EXPENSES 19,176. MANAGEMENT AND GENERAL EXPENSES 5,232. FUNDRAISING EXPENSES 1,455. TOTAL EXPENSES 25,863. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 5,714. MANAGEMENT AND GENERAL EXPENSES 16,340. FUNDRAISING EXPENSES 192. TOTAL EXPENSES 22,246. COPY MACHINE LEASES & MAINTENANCE: PROGRAM SERVICE EXPENSES 20,881. MANAGEMENT AND GENERAL EXPENSES 928. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,809. TEACH RECRUITMENT: PROGRAM SERVICE EXPENSES 21,675. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,675. VEHICLE MAINTENANCE: PROGRAM SERVICE EXPENSES 18,149. MANAGEMENT AND GENERAL EXPENSES 20. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,169. LUNCROOM EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 17,702. TOTAL EXPENSES 17,702. TESTING: PROGRAM SERVICE EXPENSES 16,349. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,349. CAMPUS SECURITY: PROGRAM SERVICE EXPENSES 9,539. MANAGEMENT AND GENERAL EXPENSES 197. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,736. POSTAGE: PROGRAM SERVICE EXPENSES 402. MANAGEMENT AND GENERAL EXPENSES 5,443. FUNDRAISING EXPENSES 2,319. TOTAL EXPENSES 8,164. LIBRARY: PROGRAM SERVICE EXPENSES 1,975. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,975. SACS ACCREDITATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,100. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,100. COLLEGE ADVISEMENT: PROGRAM SERVICE EXPENSES 533. MANAGEMENT AND GENERAL EXPENSES 300. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 833. TEACHER RECRUITMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 500. TOTAL EXPENSES 500. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 460. MANAGEMENT AND GENERAL EXPENSES 36. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 496. MOVING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 90. TOTAL EXPENSES 90. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FREDERICA ACADEMY FOUNDATION INC 200 MURRAY WAY ST SIMONS ISLAND GA 31522 311602365 TO RECEIVE CONTRIBUTIONS AND TRANSFER THEM TO ACADEMY (CLOSED 9/21/21) GA 501(C)(3) 9 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0