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Randolph-Macon Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 540505939 ✦ Front royal, VA ✦ Designated as a 501(c)(3)

Overview

What is Randolph-Macon Academy?

Randolph-Macon Academy is a college-preparatory boarding institution located at 200 Academy Drive, Front Royal, VA 22630. The organization employs 165 individuals and focuses on preparing qualified young people for leadership roles in the United States and beyond, incorporating military values into its educational approach. All expenses at the academy are directly linked to the essential activities required for the successful operation of a boarding education establishment.


Official website here: www.rma.edu

Is Randolph-Macon Academy legitimate?

Randolph-Macon Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Randolph-Macon Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $315,253
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,506,071

For more financial information, click here


Official website here: www.rma.edu

What is the mission statement of Randolph-Macon Academy?

Randolph-Macon Academy is a college-preparatory school dedicated to shaping qualified young people into future leaders, both in the United States and abroad. Drawing inspiration from military values, the institution prepares its students for leadership roles through rigorous education. The school focuses on all the necessary expenses to effectively run a boarding education institution, ensuring a well-rounded experience for its students. The mission at Randolph-Macon Academy is to cultivate young minds and prepare them for success in their future endeavors, instilling essential leadership skills. Through its academic programs, the institution fosters a disciplined environment conducive to personal growth and development.


Official website here: www.rma.edu

Who is the CEO of Randolph-Macon Academy?

David C Wesley is the President of Randolph-Macon Academy.


Official website here: www.rma.edu

What is the revenue of Randolph-Macon Academy?

Randolph-Macon Academy's revenue in 2023 was $20,602,757.


Official website here: www.rma.edu

Who are the executives of Randolph-Macon Academy and what are their salaries?

The average compensation at Randolph-Macon Academy during 2023 was $41,341. There are 165 employees and 26 volunteers at Randolph-Macon Academy.

Here are 20 key members and their salaries:

    David Wesley (President)
  • Compensation: $286,235
  • Related: $0
  • Other: $29,018

    • Sung Chu (Dir Of Enrollment Mgmt)
  • Compensation: $176,316
  • Related: $0
  • Other: $0

    • Harry Austin (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Simar (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucy Hooper (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patty Keenan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Moore (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victor Gomez (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Wilson (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Anderson (Investment Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Bersing (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Bogart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Brown (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Grossman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tess Hegedus (Strategic Planning Ad-Hoc Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Huthwaite (Finance And Audit Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Link (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Morris (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alonzo Neese Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Tewell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rma.edu

    Where can I find the form 990 for Randolph-Macon Academy?

    The Randolph-Macon Academy’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.rma.edu

    Learn more at the official website: www.rma.edu

    Mission Statement of Randolph-Macon Academy

    Randolph-Macon Academy, a college-preparatory school, is dedicated to shaping the future leaders of the United States and the world. By incorporating military values into its educational approach, this institution prepares young people for success with a unique and effective method.

    The mission of Randolph-Macon Academy is threefold. First, it serves as a college-preparatory school designed to qualify students for higher education. Second, it fosters leadership roles for its students, giving them the skills and knowledge needed to take charge in various domains. Lastly, it extends its reach beyond the United States, welcoming students from around the world to participate in its programs.

    Randolph-Macon Academy's commitment to fostering leadership extends beyond the classroom. Its program and service expenses are directly related to the activities necessary for operating a boarding education institution, ensuring that students receive a well-rounded experience. In practice, this means providing students with opportunities to develop discipline, responsibility, and teamwork – all essential skills for effective leadership.

    Throughout the academy, students are encouraged to embrace the core values of military traditions, such as respect, integrity, and self-discipline. These values serve as the foundation for their personal growth and success. The rigorous academic curriculum, combined with the development of essential leadership skills, prepares students for a future filled with opportunities and challenges.

    In summary, Randolph-Macon Academy is more than just a school. It's a community that fosters the personal and academic growth of young people, instilling in them the values and skills necessary to lead and succeed, both in the United States and around the world.

    Impact

    This information is meant to be a general summary of Randolph-Macon Academy. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Randolph-Macon Academy's impact can be seen in the way it prepares qualified young people for leadership roles in the United States and around the world. By instilling military values and offering a college-preparatory education, the academy equips its students with the knowledge, skills, and character traits needed to succeed in a variety of fields and contribute positively to society. Through its programs and activities, Randolph-Macon Academy plays a crucial role in shaping the future leaders of tomorrow.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $-452,768
  • Program Service Revenue: $13,954,943
  • Gross Receipts: $22,933,655

    • Assets and Liabilities:
  • Total Assets: $39,709,276
  • Total Liabilities: $6,251,425
  • Net Assets: $33,457,851
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    BOARD AND TUITION

    Revenue

    $13,171,798

    STUDENT SERVICES

    Revenue

    $530,823

    LAUNDRY AND DRY CLEANING

    Revenue

    $227,464

    STUDENT FEES

    Revenue

    $24,858

    Organization Details

    Founding Year

    1892

    Principal Officer

    David C Wesley

    Main Address

    200 ACADEMY DRIVE, FRONT ROYAL, VA, 22630

    NTEE Category

    Code: B25Z - Education

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