Frederica Academy Inc

“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.”

“Board of trustees and key employees annually sign the conflict of interest policy and disclose potential conflicts, if any.”

“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.”

“Upon request, the academy makes available for viewing its governing documents, conflict of interest policy, form 990 and audited financial statements.”

“Utilities: program service expenses 213,530. Management and general expenses 7,942. Fundraising expenses 1,237. Total expenses 222,709. Lunchroom purchases: program service expenses 170,909. Management and general expenses 173. Fundraising expenses 0. Total expenses 171,082. Ground maintenance: program service expenses 146,797. Management and general expenses 0. Fundraising expenses 0. Total expenses 146,797. Classroom supplies: program service expenses 122,718. Management and general expenses 1,444. Fundraising expenses 0. Total expenses 124,162. Field trips: program service expenses 112,953. Management and general expenses 0. Fundraising expenses 0. Total expenses 112,953. Miscellaneous: program service expenses 8,219. Management and general expenses 82,909. Fundraising expenses 19,407. Total expenses 110,535. Equipment repairs & maintenance: program service expenses 69,513. Management and general expenses 12. Fundraising expenses 0. Total expenses 69,525. Technology supplies: program service expenses 46,408. Management and general expenses 21,675. Fundraising expenses 950. Total expenses 69,033. Office supplies & printing: program service expenses 32,846. Management and general expenses 18,951. Fundraising expenses 10,241. Total expenses 62,038. Supplies: program service expenses 49,175. Management and general expenses 3,291. Fundraising expenses 3,556. Total expenses 56,022. Bank & credit card fees: program service expenses 2,199. Management and general expenses 41,233. Fundraising expenses 0. Total expenses 43,432. Yearbook: program service expenses 29,684. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,684. Dues & subscriptions: program service expenses 8,399. Management and general expenses 17,306. Fundraising expenses 0. Total expenses 25,705. Campus security: program service expenses 24,989. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,989. Copy machine leases & maintenance: program service expenses 19,045. Management and general expenses 1,389. Fundraising expenses 0. Total expenses 20,434. Teacher recruitment: program service expenses 20,245. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,245. Professional development: program service expenses 18,263. Management and general expenses 1,650. Fundraising expenses 0. Total expenses 19,913. Testing: program service expenses 14,406. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,406. Vehicle maintenance: program service expenses 10,693. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,693. Pledge campaign expenses: program service expenses 0. Management and general expenses 8,738. Fundraising expenses 0. Total expenses 8,738. Bad debt expense: program service expenses 54. Management and general expenses 6,762. Fundraising expenses 0. Total expenses 6,816. Postage: program service expenses 759. Management and general expenses 4,268. Fundraising expenses 1,151. Total expenses 6,178. College advisement: program service expenses 3,175. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,175. Library: program service expenses 2,283. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,283. Sacs accreditation: program service expenses 0. Management and general expenses 1,200. Fundraising expenses 0. Total expenses 1,200.”

“This process has not changed from the prior year.”