2017-11-14T10:13:34-06:00 2017-06-30 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2016-07-01 540505939 RANDOLPH-MACON ACADEMY RAND 5406365200 200 ACADEMY DRIVE FRONT ROYAL VA 22630 STUART MYERS CFO 5406365200 2017-11-10 OLIVIA A HUTTON CPA P00964688 5406623417 64.4.100.170 2017-11-10 15:14:38 ES P 7099E3890FFD61678CB8BA14DC834C8DD57F9D5C 7099E3890FFD61678CB8BA14DC834C8DD57F9D5C 2016 2018-03-14 21:41:22Z BRIG GEN DAVID WESLEY 200 ACADEMY DRIVE FRONT ROYAL VA 22630 17028699 0 X WWW.RMA.EDU X 1892 VA TO PROVIDE EDUCATION TO STUDENTS. 19 19 237 36 0 0 3780922 2187477 11515591 11668180 121174 545710 618872 712021 16036559 15113388 1061421 1575691 0 0 6771672 7184113 0 0 417599 5753625 6251445 13586718 15011249 2449841 102139 36436786 39889047 4197482 7147809 32239304 32741238 X RANDOLPH-MACON ACADEMY IS DEDICATED TO EDUCATING YOUNG PEOPLE TO SUCCEED IN TOP COLLEGES AND UNIVERSITIES AND IN LIFE. THE ACADEMY PROVIDES AN ADVANCED CURRICULUM, A SUPERIOR FACILITY AND STAFF, AND A DISCIPLINED STRUCTURE IN A RELIGIOUS AND SECURE ENVIRONMENT. STUDENTS LEARN TO LIVE TOGETHER HARMONIOUSLY IN A SUPPORTIVE AND DIVERSE COMMUNITY BY DEVELOPING MORAL CHARACTER, CITIZENSHIP, AND A PASSION FOR EXCELLENCE AND LIFE-LONG LEARNING. 0 0 9423679 1575691 12331157 ALL PROGRAM SERVICE EXPENSES ARE DIRECTLY RELATED TO ACTIVITIES NECESSARY IN OPERATING A BOARDING EDUCATIONAL INSTITUTION. 9423679 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 44 0 1 237 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X BRIGADIER GENERAL DAVID WESLEY 5406365200 200 ACADEMY DRIVE FRONT ROYAL VA 22630 HENRY LIGHT VICE CHAIRMAN 1.00 X X 0 0 0 JOHN D SIMAR TRUSTEE 1.00 X 0 0 0 ERIC ANDERSON SECRETARY 1.00 X X 0 0 0 HARRY AUSTIN III TRUSTEE 1.00 X 0 0 0 DONNA BOGART TRUSTEE 1.00 X 0 0 0 ERIC CARLSON TRUSTEE 1.00 X 0 0 0 GLENN CARRINGTON TRUSTEE 1.00 X 0 0 0 LUCY HOOPER TRUSTEE 1.00 X 0 0 0 DAVID PUSTER 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 SCARLETT PRAML KIBLER EX-OFFICIO 1.00 X 0 0 0 REV JOHN PETERS EX-OFFICIO 1.00 X 0 0 0 REV LARRY THOMPSON 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 BRIGADIER GENERAL DAVID WESLEY PRESIDENT 40.00 X 203015 0 0 STUART MYERS CHIEF FINANCIAL OFFICER 40.00 X 103711 0 0 JONATHAN C EZELL UPPER SCHOOL ACADEMIC DEAN 40.00 X 103080 0 0 409806 0 0 3 0 1 0 SOUTHLAND INDUSTRIES INC 22340 DRESDEN STREET DULLES VA 20166 ENERGY EFFICIENCY PROJECT 2868238 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICE 1180430 BANK OF AMERICA BUSINESS CREDIT CARD PO BOX 15796 WILMINGTON DE 15796 BUSINESS CREDIT CARD 303019 UNITED SECURITY ALLIANCE INC 9008 BRITTANY WAY TAMPA FL 33619 VIDEO SURVEILLANCE 259448 BLACKBAUD PO BOX 930256 ATLANTA GA 31193 SOFTWARE PROGRAM 141447 6 2187477 74553 2187477 BOARD AND TUITION 611600 10353342 10353342 STUDENT SERVICES 611600 1122351 1122351 LAUNDRY AND DRY CLEANING 611600 118913 118913 STUDENT FEES 611600 73574 73574 11668180 248858 248858 1715195 4500 1422843 0 292352 4500 296852 296852 125186 76142 49044 49044 696542 416326 280216 280216 OUTSIDE GROUP INCOME 611600 148964 148964 MISCELLANEOUS 611600 134932 134932 ROTC SALARY AND OTHER 611600 98865 98865 382761 15113388 12331157 0 594754 1575691 1575691 441055 308739 114674 17642 5435733 3537815 1625720 272198 314955 214007 79935 21013 557035 350605 177255 29175 435335 286810 127849 20676 71772 71772 50468 50468 50864 50864 96975 23814 73161 561837 561837 18751 247 12472 6032 618729 64760 548606 5363 120864 24166 92210 4488 31974 31974 942561 659793 282768 273904 273904 FOOD 1086631 1086631 REPAIRS AND MAINTENANCE 611054 66717 544337 SUPPLIES 418232 307103 94328 16801 SCHOOL TRIPS AND ACTIVI 378926 352846 11531 14549 917903 563935 344306 9662 15011249 9423679 5169971 417599 5200 5200 6597752 6270604 41097 31235 186147 231235 589594 215693 396169 363595 255332 324585 38890859 15748646 20415236 23142213 7865476 9225707 84783 78980 36436786 39889047 827769 1855958 1769168 1895951 1199146 3046166 401399 349734 4197482 7147809 X 23561680 23021292 2455682 3116760 6221942 6603186 32239304 32741238 36436786 39889047 X 102139 415527 -15732 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7060172 361294 689631 257863 7853234 7208392 231252 -109089 270383 7060172 7305100 203750 -45226 255232 7208392 6537255 305712 667989 205856 7305100 5444025 788184 501625 196579 6537255 0.04000 0.84000 0.12000 0 0 1549539 1549539 28607094 11333868 17273226 3326485 2652781 673704 5407741 1761997 3645744 23142213 ANNUITIES PAYABLE 349734 349734 13886628 415527 -1591423 -1175896 15062524 50864 50864 15113388 13384694 0 13384694 50864 1575691 1626555 15011249 PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID -1,575,691. UNREALIZED GAIN ON SWAP AGREEMENTS 6,879. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -16,808. CHANGE IN VALUE OF LIFE INSURANCE POLICY -5,803. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 1,575,691. 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 SCHOLARSHIP PROGRAMS FOR QUALIFYING STUDENTS. 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. 125TH ANNIVERSARY 116650 116650 76142 8536 8536 125186 125186 76142 76142 49044 1 SCHOLARSHIPS AND FINANCIAL AID 141 1575691 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 AID RECIPIENTS; HOWEVER, THERE ARE A FEW SCHOLARSHIPS THAT HAVE SPECIFIC CRITERIA (FOR EXAMPLE, A STUDENT CAN RECEIVE A SCHOLARSHIP IF HE/SHE IS A METHODIST, FLIGHT STUDENT OR CHILD OF AN ALUMNI). THE FINANCIAL AID SELECTION COMMITTE INCLUDES A MEMBER OF DEVELOPMENT, ADMISSIONS, THE CHIEF FINANCIAL OFFICER AND/OR THE DIRECTOR OF FINANCE. X 1 1 0 0 0 0 0 0 0 0 0 BRIGADIER GENERAL DAVID WESLEY PRESIDENT 203015 0 0 0 0 0 0 0 0 0 203015 0 0 0 X 11 63582 FMV AT DATE OF RECEIPT 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 CFO OR DIRECTOR OF FINANCE AND VP OF DEVELOPMENT. 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: UNREALIZED GAIN ON SWAP AGREEMENT 6,879. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -16,808. CHANGE IN VALUE OF LIFE INSURANCE POLICY -5,803. 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 9818 199552 RANDOLPH-MACON ACADEMY