Fredericksburg Academy
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WE INSPIRE AND EMPOWER OUR STUDENTS TO DISCOVER, TO ENGAGE, AND TO IMAGINE THE LIMITLESS NATURE OF THEMSELVES AND THE WORLD.
- Income
- $13.1 million
- Spending
- $12.1 million
- Spent on programs
- 93%
- Reserves
- -4.6 months of spending
- Largest source of income
- fees for its services, 94%
- Employees
- 199
- Volunteers
- 16
- Highest pay
- $198,601, head of school
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100. Higher than 32% of charities in its peer group (education, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 50% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
15 of 15Income rose 11% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 11 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 18% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 2516 of 17 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $11.2 million spent. THE SCHOOL HAS THREE DIVISIONS: LOWER SCHOOL, WHICH INCLUDES THE EARLY CHILDHOOD PROGRAM THROUGH FIFTH GRADE; MIDDLE SCHOOL, GRADES SIX THROUGH EIGHT; UPPER SCHOOL, GRADES NINE THROUGH TWELVE. LOWER SCHOOL ACCOMPLISHMENTS INCLUDE CROSS-GRADE-LEVEL CONNECTIONS AND MENTORSHIP OPPORTUNITIES, FOREIGN LANGUAGE INSTRUCTION FOR ALL STUDENTS, CHARACTER EDUCATION, MULTIPLE OPPORTUNITIES TO SPEAK PUBLICLY AND PERFORM ON STAGE, THE INTRODUCTION OF A DIGITAL PORTFOLIO, AN IPAD PROGRAM, AND EXTRACURRICULAR OPPORTUNITIES SUCH AS JUNIOR MASTER GARDENERS, INTERNATIONAL CLUB, AND RUNNING CLUB. MIDDLE SCHOOL ACCOMPLISHMENTS INCLUDE MULTIPLE OPPORTUNITIES FOR ELECTED STUDENT LEADERSHIP, A HANDS-ON FOCUS ON SUSTAINABILITY IN SCIENCE CURRICULUM, EMPHASIS ON SERVICE AND GLOBAL CITIZENSHIP ACROSS THE CURRICULUM, THE GLOBAL EXPLORERS PROGRAM, MEANINGFUL OFF-CAMPUS EXPERIENCES, INTERSCHOLASTIC ATHLETICS, A THRIVING FINE ARTS PROGRAM, AND A FACULTY ADVISORY PROGRAM. UPPER SCHOOL ACCOMPLISHMENTS INCLUDE THE 1:1 LAPTOP PROGRAM AND INTEGRATION OF INSTRUCTIONAL TECHNOLOGY ACROSS THE CURRICULUM, THE SENIOR EXHIBIT INDEPENDENT - STUDY EXPERIENCE, INDIVIDUALIZED COLLEGE COUNSELING, A FACULTY ADVISORY PROGRAM, THRIVING PROGRAMS IN THE ARTS AND SCHOLASTIC JOURNALISM, INTERSCHOLASTIC ATHLETICS, EMPHASIS ON EFFECTIVE WRITTEN AND ORAL COMMUNICATION, AND AUTHENTIC LEADERSHIP BY THE STUDENT GOVERNMENT, HONOR COUNCIL, AND DISCIPLINE COMMITTEE.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1992.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.