Civic Intelligence

Stratford Academy Inc

EIN 58-0831002 • 501(c)3 • Macon, GA

Profile

Stratford academy is an independent, non-sectarian, college preparatory school for students in pre-kindergarten through grade twelve. Guided by the motto, "freedom for excellence", stratford provides a superior education for students with diverse backgrounds and talents and develops responsible, ethical, life-long learners. In partnership with families, students, and faculty, stratford - provides opportunities for students to develop their individual abilities and skills within the context of a rigorous curriculum. - builds character and integrity by offering students a variety of ethical and cultural perspectives through the curriculum and service to the school and community. - encourages students to engage in a wide range of academic, athletic, fine arts, and service-related activities. - inspires leadership and prepares students for responsible stewardship and citizenship.

6010 Peake RoadMacon, GA 31220

www.stratford.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.17x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

57th percentile

0.36x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

14th percentile

-14%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

63rd percentile

$319,969

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

23rd percentile

-1.8%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

29th percentile

-1.4%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Down

$32,094,047

Down $29,998 (-0.1%) from 2023

Liabilities

Down

$4,446,131

Down $546,080 (-11%) from 2023

Net Assets

Up

$27,647,916

Up $516,082 (+1.9%) from 2023

Revenue

Up

$15,356,409

Up $1,550,862 (+11%) from 2023

Expenses

Up

$15,670,278

Up $1,929,985 (+14%) from 2023

Net Income

Down

-$313,869

Down $379,123 (-581%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $16,526,701Liabilities 2010: $5,299,597Net Assets 2010: $11,227,1042010Assets 2011: $19,466,187Liabilities 2011: $6,188,733Net Assets 2011: $13,277,4542011Assets 2012: $20,313,514Liabilities 2012: $6,555,895Net Assets 2012: $13,757,6192012Assets 2013: $21,461,939Liabilities 2013: $6,325,172Net Assets 2013: $15,136,7672013Assets 2014: $21,847,719Liabilities 2014: $5,194,038Net Assets 2014: $16,653,6812014Assets 2015: $22,957,578Liabilities 2015: $4,804,211Net Assets 2015: $18,153,3672015Assets 2016: $26,696,266Liabilities 2016: $6,748,488Net Assets 2016: $19,947,7782016Assets 2017: $26,605,302Liabilities 2017: $6,512,373Net Assets 2017: $20,092,9292017Assets 2018: $25,745,585Liabilities 2018: $5,755,839Net Assets 2018: $19,989,7462018Assets 2019: $24,712,398Liabilities 2019: $5,505,006Net Assets 2019: $19,207,3922019Assets 2020: $27,164,173Liabilities 2020: $6,411,167Net Assets 2020: $20,753,0062020Assets 2021: $30,197,310Liabilities 2021: $4,726,806Net Assets 2021: $25,470,5042021Assets 2022: $32,525,377Liabilities 2022: $5,441,635Net Assets 2022: $27,083,7422022Assets 2023: $32,124,045Liabilities 2023: $4,992,211Net Assets 2023: $27,131,8342023Assets 2024: $32,094,047Liabilities 2024: $4,446,131Net Assets 2024: $27,647,9162024

Highlighted filing

2024

Assets$32,094,047
Liabilities$4,446,131
Net Assets$27,647,916

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $9,959,4012010Expenses 2011: $10,351,6812011Expenses 2012: $10,890,4572012Revenue 2013: $12,392,517Expenses 2013: $11,478,146Net Income 2013: $914,3712013Revenue 2014: $13,092,456Expenses 2014: $11,806,590Net Income 2014: $1,285,8662014Revenue 2015: $13,491,371Expenses 2015: $12,170,852Net Income 2015: $1,320,5192015Revenue 2016: $14,155,529Expenses 2016: $12,188,031Net Income 2016: $1,967,4982016Revenue 2017: $12,215,328Expenses 2017: $12,527,927Net Income 2017: -$312,5992017Revenue 2018: $12,450,293Expenses 2018: $12,161,041Net Income 2018: $289,2522018Revenue 2019: $12,120,946Expenses 2019: $12,857,150Net Income 2019: -$736,2042019Revenue 2020: $12,973,578Expenses 2020: $11,676,768Net Income 2020: $1,296,8102020Revenue 2021: $15,966,038Expenses 2021: $12,367,451Net Income 2021: $3,598,5872021Revenue 2022: $15,089,989Expenses 2022: $13,056,298Net Income 2022: $2,033,6912022Revenue 2023: $13,805,547Expenses 2023: $13,740,293Net Income 2023: $65,2542023Revenue 2024: $15,356,409Expenses 2024: $15,670,278Net Income 2024: -$313,8692024

Highlighted filing

2024

Revenue$15,356,409
Expenses$15,670,278
Net Income-$313,869

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.1$4.45$27.6$15.4$15.7$0.31
2023Detailed filing. Detailed filing data is available for this year.$32.1$4.99$27.1$13.8$13.7$0.07
2022Detailed filing. Detailed filing data is available for this year.$32.5$5.44$27.1$15.1$13.1$2.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.2$4.73$25.5$16.0$12.4$3.60
2020Detailed filing. Detailed filing data is available for this year.$27.2$6.41$20.8$13.0$11.7$1.30
2019Detailed filing. Detailed filing data is available for this year.$24.7$5.51$19.2$12.1$12.9$0.74
2018Detailed filing. Detailed filing data is available for this year.$25.7$5.76$20.0$12.5$12.2$0.29
2017Detailed filing. Detailed filing data is available for this year.$26.6$6.51$20.1$12.2$12.5$0.31
2016Detailed filing. Detailed filing data is available for this year.$26.7$6.75$19.9$14.2$12.2$1.97
2015Detailed filing. Detailed filing data is available for this year.$23.0$4.80$18.2$13.5$12.2$1.32
2014Detailed filing. Detailed filing data is available for this year.$21.8$5.19$16.7$13.1$11.8$1.29
2013Summary only. Only limited summary data is available for this year.$21.5$6.33$15.1$12.4$11.5$0.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$6.56$13.8$10.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.5$6.19$13.3$10.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$5.30$11.2$9.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Dec 18, 2024
Return Version
2023v5.0
Gross Receipts
$17,053,401
Mission and Program Overview

Mission

Stratford academy is an independent, non-sectarian, college preparatory school for students in pre-kindergarten through grade twelve. Guided by the motto, "freedom for excellence", stratford provides a superior education for students with diverse backgrounds and talents and develops responsible, ethical, life-long learners. In partnership with families, students, and faculty, stratford - provides opportunities for students to develop their individual abilities and skills within the context of a rigorous curriculum. - builds character and integrity by offering students a variety of ethical and cultural perspectives through the curriculum and service to the school and community. - encourages students to engage in a wide range of academic, athletic, fine arts, and service-related activities. - inspires leadership and prepares students for responsible stewardship and citizenship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,620,423$19,490,466▼ $129,957
Investments in Publicly Traded Securities$5,036,350$6,776,581▲ $1,740,231
Savings and Temporary Cash Investments$1,803,075$3,654,688▲ $1,851,613
Accounts Receivable$503,228$653,940▲ $150,712
Pledges and Grants Receivable$670,766$173,516▼ $497,250
Cash and Non-Interest-Bearing Accounts$1,138,782$103,024▼ $1,035,758
Inventories for Sale or Use$26,156$29,363▲ $3,207
Prepaid Expenses and Deferred Charges$8,193$22,421▲ $14,228
Total Assets$32,124,045$32,094,047▼ $29,998
Other Assets Total$3,317,072$1,190,048▼ $2,127,024
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,728,378$2,015,433▼ $712,945
Accounts Payable and Accrued Expenses$1,205,709$1,109,644▼ $96,065
Other Liabilities$700,965$854,720▲ $153,755
Deferred Revenue$357,159$466,334▲ $109,175
Total Liabilities$4,992,211$4,446,131▼ $546,080
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$22,442,769$23,471,569▲ $1,028,800
Net Assets With Donor Restrictions$4,689,065$4,176,347▼ $512,718
Total Net Assets Fund Balance$27,131,834$27,647,916▲ $516,082
Total Liabilities and Net Assets / Fund Balance$32,124,045$32,094,047▼ $29,998

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,222,049$15,538,732$31,760,781
Equipment$1,220,461$2,826,962$4,047,423
Land$2,047,956-$1,364,000
Other Land Buildings-$47,778$47,778

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$5,252,747-▲ $269,834$-52,272$5,470,309
2022$5,113,913$31,449▲ $107,385-$5,252,747
2021$5,602,609-▼ $346,305$-142,391$5,113,913
2020$4,491,124-▲ $1,286,078$-174,593$5,602,609
2019$4,332,939-▲ $334,907$-176,722$4,491,124
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Rachel AdamsHead of SchoFT$261,121$23,958$285,079
Dr Rachel AdamsHead of School-$261,121$23,958$285,079
Mollye TreadwayControllerFT$114,452$22,612$137,064

Highest Paid Contractors

ContractorServicesLocationCompensation
Allegiance Industries INCJanitorial105 SUNBELT BLVD, Columbia, SC 29203$173,563
Sports Turf Company INCConstruction1487 BLACK DIRT RD, Whitesburg, GA 31085$157,798
Ray Construction ManagementConstruction62 BARRYSTONE RD, Juliette, GA 31046$143,005
Dht Builders LLCConstruction6939 HWY 87, Juliette, GA 31046$118,081
Sydney Pyles Plumbing And Heating CoConstruction835 HILLCREST INDUSTRIAL BLVD, Macon, GA 31204$116,330
Revenue and Support

Revenue Composition

Contributions and Grants
$2,360,229
Program Service Revenue
$12,659,403
Investment Income
$336,777
Other Revenue
$0
All Other Contributions
$2,360,229
Change in Net Assets
$-313,869

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
Other Non Cash Contri Table50$265,839Comparable Sales
Total Noncash Contributions50$265,839-

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,356,409
Revenue Not Reported on Form 990
$829,951
Total Revenue per Audited Statements
$16,186,360
Total Revenue per Form 990
$15,356,409
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,218,736
Other Expenses$5,451,542
Total Fundraising Expense$44,036
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,823,521$2,635,806-$8,459,327
All Other Expenses$1,450,501$963,333$44,036$2,457,870
Depreciation Depletion$934,636$280,440-$1,215,076
Other Employee Benefits$806,323$364,978-$1,171,301
Payroll Taxes$404,854$183,254-$588,108
Fees for Services Other-$253,912-$253,912
Other Expenses$174,162$71,137-$245,299
Insurance-$117,360-$117,360
Interest$68,947$20,595-$89,542
Information Technology$2,024--$2,024
Total Functional Expenses$10,496,589$5,129,653$44,036$15,670,278

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,670,278
Total Expenses per Audited Statements$15,670,278
Total Expenses per Form 990$15,670,278
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Related School Clubs$712,312
Financing Lease Liabilities$142,408
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, Page 6, Part VI, Line 11B

The board reviews a draft copy of the form 990 with the business manager prior to filing.

Form 990, Page 6, Part VI, Line 12C

The board members are required to complete a conflict of interest questionnaire at the beginning of each school year and to disclose any interests that may arise during the course of the year.

Form 990, Page 6, Part VI, Line 15A

The head of school has a three year contract. The initial contract compensation amount is set by the board of directors based on many factors including: benchmarking at regional and national levels, comparison with other similar organizations, and data provided by an independent search firm. The board of directors completes an annual review of the head of school's performance.

Form 990, Page 6, Part VI, Line 15B

An annual job performance review is done by the head of school and/or the direct supervisor to determine the compensation amount. A salary scale is used for faculty based on years of experience and degrees held.

Form 990, Page 6, Part VI, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Stratford Academy Inc
EIN
58-0831002
Phone
4784778073
Address
6010 PEAKE ROAD, MACON, GA 31220

Signing Officer

Name
Dr Rachel Adams
Title
Head of School
Phone
4784778073
Signed
2024-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Rachel Adams
Formed
1960
Legal Domicile
Ga
Voting Board Members
21
Independent Board Members
21
Employees
235
Volunteers
75,100

Preparer

Firm
Lamb & Braswell LLC
Address
4120 ARKWRIGHT RD, MACON, GA 31210-1707
Preparer
James F Braswell CPA
Phone
4784718488
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Stratford academy is an independent, non-sectarian, college preparatory school for students in pre-kindergarten through grade twelve. Guided by the motto, "freedom for excellence", stratford provides a superior education for students with diverse backgrounds and talents and develops responsible, ethical, life-long learners. In partnership with families, students, and faculty, stratford - provides opportunities for students to develop their individual abilities and skills within the context of a rigorous curriculum. - builds character and integrity by offering students a variety of ethical and cultural perspectives through the curriculum and service to the school and community. - encourages students to engage in a wide range of academic, athletic, fine arts, and service-related activities. - inspires leadership and prepares students for responsible stewardship and citizenship.

Form 990, Page 2, Part III, Line 4A

The organization provides a superior education for students with diverse backgrounds and talents and develops responsible, ethical, life-long learners. In partnership with families, students, and faculty, stratford - provides opportunities for students to develop their individual abilities and skills within the context of a rigorous curriculum. - builds character and integrity by offering students a variety of ethical and cultural perspectives through the curriculum and service to the school and community. - encourages students to engage in a wide range of academic, athletic, fine arts, and service-related activities. - inspires leadership and prepares students for responsible stewardship and citizenship.

Form 990, Part IX, Line 24E

Athletics 238,319 0 0 building repair and maint 132,034 53,929 0 grounds 114,067 46,591 0 miscellaneous 99,152 47,253 0 computer service 0 125,445 0 bookstore 125,154 0 0 marketing 0 122,139 0 rou asset lease amortizat 93,328 28,003 0 bad debts 0 115,257 0 other supplies 0 109,000 0 textbooks 68,748 0 0 prof. Assoc. And conventi 0 63,230 0 instructional supplies 63,095 0 0 water and sewage 43,612 17,813 0 faculty devel. & recruit. 0 59,428 0 bank charges/commissions 0 56,419 0 fine arts 56,411 0 0 website 45,593 0 0 burglar alarm/security 31,768 12,976 0 donor development 0 0 44,036 learning support center 42,191 0 0 cafeteria 38,888 0 0 svc agreement - equipment 26,101 10,661 0 school publications 35,894 0 0 library and audio visual 35,361 0 0 garbage collection 23,943 9,779 0 continuing education 0 28,490 0 telephone 0 27,999 0 natural gas 18,683 7,631 0 science 21,585 0 0 alumni 18,731 0 0 guidance and testing 18,427 0 0 graduation 16,860 0 0 traffic patrol 14,250 0 0 printing and copier lease 0 12,716 0 summer programs 12,114 0 0 after school enrichment 11,737 0 0 postage 0 6,754 0 pest control 4,455 1,820 0 total 1,450,501 963,333 44,036

Form 990, Part XI, Line 9

Book / tax depreciation difference 0

Raw XML AppendixShowing 400 of 629 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0STRATFORD ACADEMY IS AN INDEPENDENT, NON-SECTARIAN, COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE TWELVE. GUIDED BY THE MOTTO, "FREEDOM FOR EXCELLENCE", STRATFORD PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.
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