2020-12-21T15:30:36-06:00 2020-06-30 371611326 Aronson LLC 111 Rockville Pike Rockville MD 20850 990 2019-07-01 540505939 Randolph-Macon Academy RAND 5406365200 200 Academy Drive Front Royal VA 22630 Brigadier General David Wesley RET President 2020-12-21 true ROBERT EBY CPA P01682202 3012316200 2019 2022-09-23 18:48:47Z Brigadier General David Wesley 200 Academy Drive Front Royal VA 22630 16238647 false X WWW.RMA.EDU X 1892 VA 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. 19 19 185 25 0 0 1383677 4804684 11175469 9554053 510668 318515 587892 574462 13657706 15251714 1774923 1567688 0 0 7259618 6529067 0 0 384843 5736366 5127482 14770907 13224237 -1113201 2027477 36879405 39248146 6969548 6804193 29909857 32443953 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. false false 10156285 1567688 10116542 ALL PROGRAM SERVICE EXPENSES ARE DIRECTLY RELATED TO ACTIVITIES NECESSARY IN OPERATING A BOARDING EDUCATION INSTITUTION. 10156285 true true false false false false false false true true false false false true true false true true false false false false false false false false false true true false false false false false false false false true false false false true false false false false true 28 0 true 185 true false false false false false false false false false false false false X 19 19 false false false false false false false true true false false true true true true true true true true false X Brigadier General David Wesley (RET) 5406365200 200 Academy Drive Front Royal VA 22630 Brian Bogart Treasurer 1.0 X X 0 0 0 Harry G Austin III Secretary 1.0 X X 0 0 0 John D Simar Vice Chair 1.0 X X 0 0 0 John D Stufflebeen (RADM) Chair 1.0 X X 0 0 0 Alonzo Neese TRUSTEE 1.0 X 0 0 0 Doug Huthwaite TRUSTEE 1.0 X 0 0 0 Dr Bill Bersing TRUSTEE 1.0 X 0 0 0 Dr Rev Steven Summers EX-OFFICIO 1.0 X 0 0 0 Edward Morris TRUSTEE 1.0 X 0 0 0 Eric Anderson TRUSTEE 1.0 X 0 0 0 George Matthias TRUSTEE 1.0 X 0 0 0 Joe Hadeed TRUSTEE 1.0 X 0 0 0 Katie Tewel TRUSTEE 1.0 X 0 0 0 Lawrence Pierce TRUSTEE 1.0 X 0 0 0 Lucy W Hooper TRUSTEE 1.0 X 0 0 0 Pamela M McInnis TRUSTEE 1.0 X 0 0 0 Paty Keenan TRUSTEE 1.0 X 0 0 0 Robert Bo Snitchler EX-OFFICIO 1.0 X 0 0 0 Stuart L Hester TRUSTEE 1.0 X 0 0 0 Brigadier General David W Wesley USAF RTD President 40.0 X 212831 0 7552 212831 0 7552 1 false true false SAGE DINING SERVICES INC 1402 YORK RD STE 100 LUTHERVILLE MD 21093 FOOD SERVICES 1089484 BLACKBAUD PO BOX 930256 ATLANTA GA 311930256 ACCOUNTING SERVICES 116657 2 4804684 145428 4804684 Board and Tuition 611600 9147225 9147225 student services 611600 324628 324628 laundry and dry cleaning 611600 64722 64722 student fees 611600 17478 17478 0 0 0 0 9554053 272954 272954 0 0 529738 299502 673102 110577 -143364 188925 45561 45561 11973 11973 11973 365197 203254 161943 161943 Miscellaneous 611600 199868 199868 Outside Group Income 611600 101387 101387 ROTC Salary and Other 611600 99291 99291 0 0 0 0 400546 15251714 10116542 0 330488 1567688 1567688 220383 171163 40999 8221 5123093 3978909 953087 191097 808327 627796 150379 30152 377264 293007 70185 14072 16374 2033 14214 127 48736 6051 42306 379 66046 66046 253210 31438 219805 1967 380372 380372 58774 34542 19629 4603 328293 235622 78265 14406 461814 361171 83845 16798 119506 114112 4207 1187 104075 80831 19362 3882 1379232 1071196 256589 51447 241991 190698 42726 8567 Food 832405 832405 Repairs and Maintenance 196064 153336 35596 7132 Supplies 165854 162076 3285 493 Dues and Subscriptions 129301 97964 31337 345435 144247 170875 30313 13224237 10156285 2683109 384843 5200 5200 3042013 3808236 129984 1993296 123095 112674 0 0 10764 9696 278961 295949 121911 117161 40866365 19349388 22646822 21516977 10459130 10702616 61525 0 0 686341 36879405 39248146 638010 685841 1798394 844857 0 4071897 5124290 461247 149205 6969548 6804193 X 22580294 19592686 7329563 12851267 29909857 32443953 36879405 39248146 X 2027477 410168 96451 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9802165 554426 425964 368976 -96450 10510029 8153548 564927 600947 339842 -822585 9802165 7853234 139668 434451 273805 8153548 7060172 361294 689631 257863 7853234 7208392 231252 -109089 270383 7060172 0.1285 0.7507 0.1208 false false 1485997 1485997 32185170 13697590 18487580 4671307 3700078 971229 2523891 1951720 572171 21516977 Annuities Payable 116876 Capital Lease Obligation 32329 149205 X 14059877 410168 0 410168 13649709 66046 1535959 1602005 15251714 11525781 0 0 11525781 66046 1632410 1698456 13224237 Schedule D, Part V, Line 4 Intended uses of endowment funds 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. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Academy is exempt from federal income taxes under the provisions of Sections 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, 2020 and 2019. 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, 2020 and 2019, 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, 2019 through the current year remain open for examination by federal and state tax authorities. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Laundry Income - 64722 Scholarships - 1567688 Change in Value in Trust - -96451 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarships - 1567688 Laundry Income - 64722 true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY ALL RADIO AND NEWSPAPER ADVERTISING DESCRIBE RANDOLPH-MACON AS NONDISCRIMINATORY. true SCHOLARSHIPS AND FINANCIAL AID 140 1567688 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. 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 contributions, the academy awards financial aid. Most scholarships are awarded based upon the financial need of the applicants, however there are a few scholarships that have specific criteria (for example, a student can receive a scholarship if he/she is a Methodist, high flight student or a falcon scholar). The financial aid selection committee includes the admissions director, director of admissions and financial aid, director of development and business officer. X X true true X X X X false false false false false false false false false Brigadier General David W Wesley USAF RTD President 212831 0 0 0 0 0 0 0 7552 0 220383 0 0 0 X 9 134183 Market value X gift in kind 31 11245 NONE 0 false false false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - number of contributions Other - gift in kind number of contributions Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy CONFLICTS OF INTEREST ARE REVIEWED ANNUALLY. Form 990, Part VI, Line 15a Process to establish compensation of top management official 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, Line 19 Required documents available to the public THE ACADEMY PROVIDES THE DOCUMENT UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in value of split interest agreements - 96451; Randolph-Macon Interest Holdings LLC 200 Academy Drive Front Royal VA 22630 Holding Company VA 0 0 Randolph-Macon academy