2019-10-29T13:45:01-05:00 2019-06-30 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2018-07-01 540505939 RANDOLPH-MACON ACADEMY RAND 5406365200 200 ACADEMY DRIVE FRONT ROYAL VA 22630 BRIG GEN DAVID WESLEY RET PRESIDENT 5406365200 2019-10-28 1 OLIVIA A HUTTON CPA P00964688 5406623417 173.120.134.200 2019-10-28 08:47:50 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 727C73D489AA1CC28A8E2BA0E8982B415D0D0C2B 2018 2019-02-21 02:37:17Z BRIG GEN DAVID WESLEY 200 ACADEMY DRIVE FRONT ROYAL VA 22630 16333359 0 X WWW.RMA.EDU X 1892 VA RANDOLPH-MACON ACADEMY IS A COLLEGE-PREPARATORY SCHOOL USING MILITARY VALUES TO PREPARE QUALIFIED YOUNG PEOPLE FOR LEADERSHIP ROLES IN THE UNITED STATES AND AROUND THE WORLD. 21 21 224 43 0 0 918096 1383677 11633793 11175469 674194 510668 544234 587892 13770317 13657706 1896254 1774923 0 0 7751293 7259618 0 0 444822 6040128 5736366 15687675 14770907 -1917358 -1113201 38535780 36879405 7725298 6969548 30810482 29909857 RANDOLPH-MACON ACADEMY IS A COLLEGE-PREPARATORY SCHOOL USING MILITARY VALUES TO PREPARE QUALIFIED YOUNG PEOPLE FOR LEADERSHIP ROLES IN THE UNITED STATES AND AROUND THE WORLD. 0 0 10195531 1774923 11756117 ALL PROGRAM SERVICE EXPENSES ARE DIRECTLY RELATED TO ACTIVITIES NECESSARY IN OPERATING A BOARDING EDUCATIONAL INSTITUTION. 10195531 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 33 0 1 224 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BRIGADIER GENERAL DAVID WESLEY (RET) 5406365200 200 ACADEMY DRIVE FRONT ROYAL VA 22630 JOHN D SIMAR VICE CHAIRMAN 1.00 X X 0 0 0 HARRY AUSTIN III SECRETARY 1.00 X X 0 0 0 LAWRENCIA PIERCE TRUSTEE 1.00 X 0 0 0 LUCY HOOPER TRUSTEE 1.00 X 0 0 0 JOHN STUFFLEBEEM CHAIRMAN 1.00 X X 0 0 0 PAMELA M MCINNIS TRUSTEE 1.00 X 0 0 0 RODNEY DEANE JR TREASURER 1.00 X X 0 0 0 HEATHER GROSSMAN EX-OFFICIO 1.00 X 0 0 0 REV JOHN PETERS EX-OFFICIO 1.00 X 0 0 0 JOSEPH HADEED TRUSTEE 1.00 X 0 0 0 STUART HESTER TRUSTEE 1.00 X 0 0 0 PATTY KEENAN TRUSTEE 1.00 X 0 0 0 DOUG HUTHWAITE TRUSTEE 1.00 X 0 0 0 GEORGE MATHIAS TRUSTEE 1.00 X 0 0 0 ROBERT SNITCHLER EX-OFFICIO 1.00 X 0 0 0 DR REV STEVE SUMMERS EX-OFFICIO 1.00 X 0 0 0 BRIAN BOGART TRUSTEE 1.00 X 0 0 0 HENRY LIGHT TRUSTEE 1.00 X 0 0 0 SUSAN GAWALT TRUSTEE 1.00 X 0 0 0 BILL BERSING TRUSTEE 1.00 X 0 0 0 KATIE TEWELL TRUSTEE 1.00 X 0 0 0 STUART MYERS FORMER CHIEF FINANCIAL OFFICER 40.00 X 71253 0 0 JONATHAN C EZELL VICE PRESIDENT 40.00 X 107329 0 0 BRIGADIER GEN DAVID WESLEY RET PRESIDENT 40.00 X 205923 0 0 384505 0 0 2 0 1 0 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICE 1355667 BLAUCH BROTHERS INC PO BOX 1092 HARRISONBURG VA 22803 EQUIPMENT 234976 WELLS FARGO VENDOR PO BOX 70239 PHILADELPHIA PA 19176 COMPUTER LEASES 225921 SOUTHLAND INDUSTRIES INC 22340 DRESDEN STREET DULLES VA 20166 ENERGY EFFICIENCY PROJECT 188924 EDTECH SOFTWARE LLC 2402 S RURAL ROAD 201 TEMPE AZ 85282 TECHNOLOGY EQUIPMENT 121883 5 1383677 139893 1383677 BOARD AND TUITION 611600 10544187 10544187 STUDENT SERVICES 611600 515411 515411 LAUNDRY AND DRY CLEANING 611600 96070 96070 STUDENT FEES 611600 19801 19801 11175469 283787 283787 2475917 107810 2257429 99417 218488 8393 226881 226881 7244 0 7244 7244 503163 318807 184356 184356 MISCELLANEOUS 611600 195966 195966 OUTSIDE GROUP INCOME 611600 117956 117956 ROTC SALARY AND OTHER 611600 82370 82370 396292 13657706 11756117 0 517912 1774923 1774923 331097 231768 82774 16555 5607256 3939619 1373544 294093 258219 177371 64596 16252 624066 431698 170118 22250 438980 294140 121311 23529 12442 12442 42508 42508 61780 61780 88658 12728 75930 212564 212564 78385 36775 33640 7970 541263 541263 57059 50263 5384 1412 90700 90700 1394492 976144 418348 244369 244369 FOOD 1102919 1102919 REPAIRS AND MAINTENANCE 666941 274144 392797 SUPPLIES 359739 274323 84692 724 SCHOOL TRIPS AND ACTIVI 232930 218567 339 14024 549617 400149 101455 48013 14770907 10195531 4130554 444822 5200 5200 4242471 3042013 7967 129984 45693 123095 115962 10764 298172 278961 350881 121911 40703372 18056550 23762510 22646822 9635460 10459130 71464 61525 38535780 36879405 866181 638010 1706914 1798394 4306419 4071897 845784 461247 7725298 6969548 X 20339351 19010963 3715118 3569331 6756013 7329563 30810482 29909857 38535780 36879405 X -1113201 237934 -25358 X X 0 1 X 1 0 X 8153548 564927 435075 339842 8813708 7853234 139668 434451 273805 8153548 7060172 361294 689631 257863 7853234 7208392 231252 -109089 270383 7060172 7305100 203750 -45226 255232 7208392 0.03400 0.83160 0.13440 0 0 1512444 1512444 32280601 12920568 19360033 4454616 3241673 1212943 2455711 1894309 561402 22646822 ANNUITIES PAYABLE 244309 CAPITAL LEASES PAYABLE 216938 461247 SCHEDULE D, PART V, LINE 4 THE ACADEMY'S ENDOWMENT FUND CONSISTS OF INVESTMENTS, TO BE HELD INDEFINITELY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT SCHOLARSHIPS FOR QUALIFYING STUDENTS AND OTHER SPECIFIED PROGRAMS. SCHEDULE D, PART X, LINE 2 THE ACADEMY CURRENTLY HAS NO UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. 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 RADIO AND NEWSPAPER ADVERTISING DESCRIBE RANDOLPH-MACON AS NONDISCRIMINATORY. 1 SCHOLARSHIPS AND FINANCIAL AID 133 1774923 FORM 990, SCHEDULE I, PART 1, LINE 2 IN ORDER TO RECEIVE FINANCIAL AID, FAMILIES FILL OUT A FINANCIAL AID APPLICATION AT SSSBYNAIS.ORG. THE WEBSITE LOOKS AT INCOME, EXPENSES, ASSETS, LIABILITIES AND DETERMINES THE "ESTIMATED FAMILY CONTRIBUTION". BASED UPON THE ESTIMATED FAMILY CONTRIBUTION, THE ACADEMY AWARDS FINANCIAL AID. MOST SCHOLARSHIPS ARE AWARDED BASED UPON THE FINANCIAL NEED OF THE APPLICANTS; HOWEVER, THERE ARE A FEW SCHOLARSHIPS THAT HAVE SPECIFIC CRITERIA (FOR EXAMPLE, A STUDENT CAN RECEIVE A SCHOLARSHIP IF HE/SHE IS A METHODIST, HIGH FLIGHT STUDENT OR A FALCON SCHOLAR). THE FINANCIAL AID SELECTION COMMITTEE INCLUDES THE ADMISSIONS DIRECTOR, DIRECTOR OF ADMISSIONS AND FINANCIAL AID, DIRECTOR OF DEVELOPMENT AND BUSINESS OFFICER. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 BRIGADIER GEN DAVID WESLEY RET PRESIDENT 205923 0 0 0 0 0 0 0 0 0 205923 0 0 0 X 9 135454 FAIR MARKET VALUE X GIFT IN KIND 24 4439 FAIR MARKET VALUE 0 0 1 PART I, LINE 32B: STOCK DONATIONS ARE SENT DIRECTLY TO A BROKER. THE BROKER PROCESSES THE SALE AT THE DIRECTION OF THE DIRECTOR OF ADVANCEMENT (DEVELOPMENT) OR THE BUSINESS OFFICER. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S SALARY IS COMPARED TO EXECUTIVE COMPENSATION SURVEYS AND WITH DATA TAKEN FROM PRIVATE, INDEPENDENT SCHOOLS 990'S ON WWW.GUIDESTAR.COM. THE R-MA BOARD OF TRUSTEES REIVEWS THE COMPARATIVE DATA AND SETS THE SALARY/BENEFITS OF THE CEO. APPROXIMATELY EVERY 2-3 YEARS, SENIOR STAFF SALARIES ARE COMPARED AGAINST NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) SALARY SURVEYS. THESE SURVEYS ARE BASED BOTH ON A NATIONAL BASIS AND ON A STATE-BY-STATE BASIS. THE R-MA FINANCE/AUDIT COMMITTEE REVIEWS THE DATA AND, VIA THE BUDGET PROCESS, THE FULL BOARD OF TRUSTEES APPROVES THE SALARIES AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY PROVIDES THE DOCUMENTS UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -15,419. CHANGE IN VALUE OF LIFE INSURANCE POLICY -9,939. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. RANDOLPH-MACON INTEREST HOLDINGS LLC 200 ACADEMY DRIVE FRONT ROYAL VA 22630 HOLDING COMPANY VA 2736 0 RANDOLPH-MACON ACADEMY