Civic Intelligence

Randolph Macon Academy

990 • Fiscal year 2024 • EIN 54-0505939

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 13, 2025

200 Academy DriveFront Royal, VA 22630

(540) 636-5200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.16x

Higher debt load relative to assets than 44% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.38x

Higher debt load relative to revenue than 58% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

10th percentile

-22%

Higher net margin than 10% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$281,250

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

10th percentile

-6.9%

Faster asset growth than 10% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-25%

Faster revenue growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$36,961,071

Down $2,748,205 (-6.9%) from 2023

Net Assets

Down

$31,062,212

Down $2,395,639 (-7.2%) from 2023

Liabilities

Down

$5,898,859

Down $352,566 (-5.6%) from 2023

Revenue

Down

$15,378,384

Down $5,224,373 (-25%) from 2023

Expenses

Up

$18,795,112

Up $67,485 (+0.4%) from 2023

Net Income

Down

-$3,416,728

Down $5,291,858 (-282%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $32,216,997Liabilities 2011: $4,653,754Net Assets 2011: $27,563,2432011Assets 2012: $32,439,325Liabilities 2012: $5,030,367Net Assets 2012: $27,408,9582012Assets 2013: $33,440,683Liabilities 2013: $5,040,960Net Assets 2013: $28,399,7232013Assets 2014: $32,999,193Liabilities 2014: $4,098,175Net Assets 2014: $28,901,0182014Assets 2015: $34,257,216Liabilities 2015: $4,404,518Net Assets 2015: $29,852,6982015Assets 2016: $36,436,786Liabilities 2016: $4,197,482Net Assets 2016: $32,239,3042016Assets 2017: $39,889,047Liabilities 2017: $7,147,809Net Assets 2017: $32,741,2382017Assets 2018: $38,535,780Liabilities 2018: $7,725,298Net Assets 2018: $30,810,4822018Assets 2019: $36,879,405Liabilities 2019: $6,969,548Net Assets 2019: $29,909,8572019Assets 2020: $39,248,146Liabilities 2020: $6,804,193Net Assets 2020: $32,443,9532020Assets 2021: $40,307,028Liabilities 2021: $6,525,275Net Assets 2021: $33,781,7532021Assets 2022: $36,335,018Liabilities 2022: $6,199,455Net Assets 2022: $30,135,5632022Assets 2023: $39,709,276Liabilities 2023: $6,251,425Net Assets 2023: $33,457,8512023Assets 2024: $36,961,071Liabilities 2024: $5,898,859Net Assets 2024: $31,062,2122024

Highlighted filing

2024

Assets$36,961,071
Liabilities$5,898,859
Net Assets$31,062,212

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $11,580,6952011Revenue 2012: $13,052,882Expenses 2012: $11,843,736Net Income 2012: $1,209,1462012Expenses 2013: $12,120,9912013Revenue 2014: $13,138,738Expenses 2014: $12,412,460Net Income 2014: $726,2782014Revenue 2015: $13,961,027Expenses 2015: $12,380,005Net Income 2015: $1,581,0222015Revenue 2016: $16,036,559Expenses 2016: $13,586,718Net Income 2016: $2,449,8412016Revenue 2017: $15,113,388Expenses 2017: $15,011,249Net Income 2017: $102,1392017Revenue 2018: $13,770,317Expenses 2018: $15,687,675Net Income 2018: -$1,917,3582018Revenue 2019: $13,657,706Expenses 2019: $14,770,907Net Income 2019: -$1,113,2012019Revenue 2020: $15,251,714Expenses 2020: $13,224,237Net Income 2020: $2,027,4772020Revenue 2021: $13,915,401Expenses 2021: $14,184,418Net Income 2021: -$269,0172021Revenue 2022: $14,186,434Expenses 2022: $15,410,890Net Income 2022: -$1,224,4562022Revenue 2023: $20,602,757Expenses 2023: $18,727,627Net Income 2023: $1,875,1302023Revenue 2024: $15,378,384Expenses 2024: $18,795,112Net Income 2024: -$3,416,7282024

Highlighted filing

2024

Revenue$15,378,384
Expenses$18,795,112
Net Income-$3,416,728
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 13, 2025
Return Version
2023v6.0
Gross Receipts
$16,099,151
Mission and Program Overview

Mission

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.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,539,276$20,199,371▲ $660,095
Investments in Publicly Traded Securities$10,919,621$11,929,394▲ $1,009,773
Savings and Temporary Cash Investments$3,294,803$1,867,430▼ $1,427,373
Pledges and Grants Receivable$4,450,216$1,049,916▼ $3,400,300
Inventories for Sale or Use$316,992$384,532▲ $67,540
Prepaid Expenses and Deferred Charges$410,087$310,183▼ $99,904
Accounts Receivable$104,188$282,184▲ $177,996
Other Notes and Loans Receivable, Net$18,859$25,866▲ $7,007
Cash and Non-Interest-Bearing Accounts$5,206$5,200▼ $6
Total Assets$39,709,276$36,961,071▼ $2,748,205
Other Assets Total$650,028$906,995▲ $256,967
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,191,244$3,038,513▼ $152,731
Accounts Payable and Accrued Expenses$963,985$1,182,213▲ $218,228
Deferred Revenue$1,824,929$1,165,091▼ $659,838
Other Liabilities$271,267$513,042▲ $241,775
Total Liabilities$6,251,425$5,898,859▼ $352,566
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,947,067$17,711,767▼ $1,235,300
Net Assets With Donor Restrictions$14,510,784$13,350,445▼ $1,160,339
Total Net Assets Fund Balance$33,457,851$31,062,212▼ $2,395,639
Total Liabilities and Net Assets / Fund Balance$39,709,276$36,961,071▼ $2,748,205

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,654,844$18,226,285$33,881,129
Equipment$913,330$4,106,494$5,019,824
Other Land Buildings$1,941,200$847,126$2,788,326
Land$1,689,997-$1,689,997

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$10,923,472$70,792▲ $1,240,843$19,903$11,707,963
2022$10,378,908$192,627▲ $777,430$-116,074$10,923,472
2021$12,557,084$110,371▼ $1,739,870$97,820$10,378,908
2020$10,510,029$77,711▲ $2,203,710$-189,200$12,557,084
2019$9,802,165$554,426▲ $425,964$-96,450$10,510,029
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David WesleyPresidentFT$255,292$25,958$281,250
Sung ChuDirector of Enrollment Mgmt.FT$177,990-$177,990

Board Members and Trustees

NameTitle
Harry AustinChair
Lucy HooperChair-Elect
Eric AndersonInvestment Committee Chair
John SimarVice Chair
Bill BersingBoard Member
Brian BogartBoard Member
David LinkBoard Member
Ed MorrisBoard Member
Heather GrossmanBoard Member
Katie TewellBoard Member
Mark BrownBoard Member
Bryan MooreEx-Officio
Valerie WilsonEx-Officio
Victor GomezEx-Officio
Doug HuthwaiteFinance and Audit Committe
Patty KennanSecretary
Tess HegedusStrategic Planning Ad-Hoc
Alonzo Neese IIITreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Chris Holloway ConstructionConstruction of Housing240 Virginia Avenue, Front Royal, VA 22630$1,601,766
Sage Dining ServicesDining Services1402 York Road, Lutherville, MD 21093$1,587,628
Williams & Connolly LLPLegal expensesPOBox 7410903, Chicago, IL 60674$251,522
Hanover UniformsUniforms3501 Marmenco CT, Baltimore, MD 21230$236,419
Wells Fargo Vendor Fin ServLease Financing - ComputersPOBox 070241, Philadelphia, PA 19176$186,221
Revenue and Support

Revenue Composition

Contributions and Grants
$1,434,977
Program Service Revenue
$13,055,384
Investment Income
$515,275
Other Revenue
$372,748
All Other Contributions
$1,424,977
Change in Net Assets
$-3,416,728

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$56,179Fair Market Value (FMV)
Cars and Other Vehicles1$8,400Fair Market Value (FMV)
Total Noncash Contributions3$64,579-

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,032,015
Revenue Not Reported on Financial Statements
$3,346,369
Revenue Not Reported on Form 990
$1,021,089
Other Revenue Adjustments
$3,346,369
Total Revenue per Audited Statements
$13,053,104
Total Revenue per Form 990
$15,378,384
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,395,989
Other Expenses$7,208,562
Grants and Similar Amounts Paid$3,190,561
Total Fundraising Expense$556,003
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,077,264$1,072,994$294,044$6,444,302
Grants to Domestic Individuals$3,190,561--$3,190,561
Depreciation Depletion$970,585$205,118$56,210$1,231,913
Other Employee Benefits$806,686$170,479$46,718$1,023,883
Fees for Services Other$181,052$378,500-$559,552
All Other Expenses$211,371$316,590$16,748$544,709
Occupancy$408,745$87,973$23,504$520,222
Advertising-$506,288-$506,288
Payroll Taxes$378,330$79,954$21,911$480,195
Fees for Services Legal$23,362$350,283-$373,645
Insurance$263,057$50,317$13,789$327,163
Office Expenses$281,972$22,536$15,799$320,307
Current Officers, Directors, Trustees, and Key Employees$221,588$46,829$12,833$281,250
Information Technology$179,612$62,850$13,674$256,136
Travel$198,297$5,609$6,094$210,000
Pension Plan Contributions$131,069$27,699$7,591$166,359
Other Expenses$73,117$28,330$3,582$101,447
Interest$72,525$15,327$4,200$92,052
Fees for Services Accounting$4,606$69,057-$73,663
Total Functional Expenses$14,602,443$3,636,666$556,003$18,795,112

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,795,112
Expenses per Audited Statements$15,448,743
Total Expenses per Audited Statements$15,448,743
Expenses Not Reported on Financial Statements$3,346,369
Other Expense Adjustments$3,346,369
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,203
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
President's weekend$10,000-$1,203-
Total Events$10,000-$1,203$-1,203
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$263,393
Lease Liabilities$153,470
Annuities Payable$96,179
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The 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 reviews the comparative data and sets 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 on both a national and state-by-state basis. The R-MA financial/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.

Filing and Contact Details

Filer

Filer Name
Randolph-Macon Academy
EIN
54-0505939
Phone
5406365200
Address
200 Academy Drive, Front Royal, VA 22630

Signing Officer

Name
Eunice Oyungu
Title
Director of Finance
Phone
5406365200
Signed
2025-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eunice Oyungu
Formed
1892
Legal Domicile
Va
Voting Board Members
18
Independent Board Members
18
Employees
162
Volunteers
30

Preparer

Firm
Aprio Advisory Group LLC
Address
111 Rockville Pike Suite 600, Rockville, MD 20850
Preparer
Stacy Cullen
Phone
3012316200
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Change in Value of Split Interest Agreements -19,903.

Financial Statement Notes

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.

Part X, Line 2:

The Academy is exempt from federal income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code. The Academy is subject to taxes on unrelated business activities. The Academy generated no unrelated business income for the years ended June 30, 2024 and 2023. The Academy evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of June 30, 2024 and 2023, there were no accruals for uncertain tax positions. If applicable, the Academy records interest and penalties as a component of income tax expense. Tax years from June 30, 2021 through the current year remain open for examination by federal and state tax authorities.

Part XI, Line 2D - Other Adjustments:

Change in Value of Split Interest Agreements -19,903.

Part XI, Line 4B - Other Adjustments:

Financial Aid 3,190,561. Laundry/Dry Cleaning 155,808.

Part XII, Line 4B - Other Adjustments:

Financial Aid 3,190,561. Laundry/Dry Cleaning 155,808.

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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1812440
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/PersonNm0Harry Austin
IRS990/Form990PartVIISectionAGrp/PersonNm1Lucy Hooper
IRS990/Form990PartVIISectionAGrp/PersonNm2John Simar
IRS990/Form990PartVIISectionAGrp/PersonNm3Patty Kennan
IRS990/Form990PartVIISectionAGrp/PersonNm4Alonzo Neese III
IRS990/Form990PartVIISectionAGrp/PersonNm5Victor Gomez
IRS990/Form990PartVIISectionAGrp/PersonNm6Bryan Moore
IRS990/Form990PartVIISectionAGrp/PersonNm7Valerie Wilson
IRS990/Form990PartVIISectionAGrp/PersonNm8Eric Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm9Tess Hegedus
IRS990/Form990PartVIISectionAGrp/PersonNm10Doug Huthwaite
IRS990/Form990PartVIISectionAGrp/PersonNm11Bill Bersing
IRS990/Form990PartVIISectionAGrp/PersonNm12Brian Bogart
IRS990/Form990PartVIISectionAGrp/PersonNm13Mark Brown
IRS990/Form990PartVIISectionAGrp/PersonNm14Heather Grossman
IRS990/Form990PartVIISectionAGrp/PersonNm15David Link
IRS990/Form990PartVIISectionAGrp/PersonNm16Ed Morris
IRS990/Form990PartVIISectionAGrp/PersonNm17Katie Tewell
IRS990/Form990PartVIISectionAGrp/PersonNm18David Wesley
IRS990/Form990PartVIISectionAGrp/PersonNm19Sung Chu
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18268810
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19177990
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair-Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Ex-Officio
IRS990/Form990PartVIISectionAGrp/TitleTxt6Ex-Officio
IRS990/Form990PartVIISectionAGrp/TitleTxt7Ex-Officio
IRS990/Form990PartVIISectionAGrp/TitleTxt8Investment Committee Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9Strategic Planning Ad-Hoc
IRS990/Form990PartVIISectionAGrp/TitleTxt10Finance and Audit Committe
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18President
IRS990/Form990PartVIISectionAGrp/TitleTxt19Dir. of Enrollment Mgmt.
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01892
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt010000
IRS990/FundraisingDirectExpensesAmt01203
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt0-8470
IRS990/GainOrLossGrp/SecuritiesAmt0185409
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt03190561
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03190561
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03190561
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0528999
IRS990/GrossReceiptsAmt016099151
IRS990/GrossRentsGrp/RealAmt0200175
IRS990/GrossSalesOfInventoryAmt0460749
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt013674
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt062850
IRS990/InformationTechnologyGrp/ProgramServicesAmt0179612
IRS990/InformationTechnologyGrp/TotalAmt0256136
IRS990/InsuranceGrp/FundraisingAmt013789
IRS990/InsuranceGrp/ManagementAndGeneralAmt050317
IRS990/InsuranceGrp/ProgramServicesAmt0263057
IRS990/InsuranceGrp/TotalAmt0327163
IRS990/InterestGrp/FundraisingAmt04200
IRS990/InterestGrp/ManagementAndGeneralAmt015327
IRS990/InterestGrp/ProgramServicesAmt072525
IRS990/InterestGrp/TotalAmt092052
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0316992
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0384532
IRS990/InvestmentIncomeGrp/ExclusionAmt0338336
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0338336
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt010919621
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011929394
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt023179905
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019539276
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020199371
IRS990/LandBldgEquipCostOrOtherBssAmt043379276
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt08470
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0343590
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Randolph-Macon Academy is a co-ed private school for grades 6-12. We offer a superior university-preparatory curriculum with military values preparing graduates to pursue lives of meaning and success. Every year, 100% of our graduates are accepted to the best universities around the world with the Class of 2024 graduating 65 students who earned over $16 million in scholarships.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03191244
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03038513
IRS990/NetAssetsOrFundBalancesBOYAmt033457851
IRS990/NetAssetsOrFundBalancesEOYAmt031062212
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0176939
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0176939
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-1203
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-1203
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt093245
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt093245
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0200175
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0200175
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01040992
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt018947067
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt017711767
IRS990/NoncashContributionsAmt067436
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt023504
IRS990/OccupancyGrp/ManagementAndGeneralAmt087973
IRS990/OccupancyGrp/ProgramServicesAmt0408745
IRS990/OccupancyGrp/TotalAmt0520222
IRS990/OfficeExpensesGrp/FundraisingAmt015799
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022536
IRS990/OfficeExpensesGrp/ProgramServicesAmt0281972
IRS990/OfficeExpensesGrp/TotalAmt0320307
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0650028
IRS990/OtherAssetsTotalGrp/EOYAmt0906995
IRS990/OtherChangesInNetAssetsAmt0-19903
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt046718
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0170479
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0806686
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01023883
IRS990/OtherExpensesGrp/Desc0Food
IRS990/OtherExpensesGrp/Desc1Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc2Bad Debts
IRS990/OtherExpensesGrp/Desc3Dues and Subscriptions
IRS990/OtherExpensesGrp/FundraisingAmt019306
IRS990/OtherExpensesGrp/FundraisingAmt13582
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt072263
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt167670
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt228330
IRS990/OtherExpensesGrp/ProgramServicesAmt01547709
IRS990/OtherExpensesGrp/ProgramServicesAmt1335755
IRS990/OtherExpensesGrp/ProgramServicesAmt245180
IRS990/OtherExpensesGrp/ProgramServicesAmt373117

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$37.0$5.90$31.1$15.4$18.8$3.42
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.7$6.25$33.5$20.6$18.7$1.88
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.3$6.20$30.1$14.2$15.4$1.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.3$6.53$33.8$13.9$14.2$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.2$6.80$32.4$15.3$13.2$2.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.9$6.97$29.9$13.7$14.8$1.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.5$7.73$30.8$13.8$15.7$1.92
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.9$7.15$32.7$15.1$15.0$0.10
2016Detailed filing. Detailed filing data is available for this year.$36.4$4.20$32.2$16.0$13.6$2.45
2015Detailed filing. Detailed filing data is available for this year.$34.3$4.40$29.9$14.0$12.4$1.58
2014Detailed filing. Detailed filing data is available for this year.$33.0$4.10$28.9$13.1$12.4$0.73
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.4$5.04$28.4$12.1
2012Summary only. Only limited summary data is available for this year.$32.4$5.03$27.4$13.1$11.8$1.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.2$4.65$27.6$11.6