Rockbridge Academy Inc is located in Crownsville, MD. The organization was established in 1996. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Rockbridge Academy Inc employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockbridge Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Rockbridge Academy Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $4.8m during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CLASSICAL CHRISTIAN SCHOOL EDUCATING CHILDREN FROM KINDERGARTEN THROUGH GRADE TWELVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A SCHOOL THAT CLOSELY ADHERES TO THE STATEMENT OF FAITH AND PURPOSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roy Griffith Headmaster | Officer | 40 | $121,500 |
Stephen Kaiss Vice Chairman | OfficerTrustee | 10 | $0 |
Ken Trovato Chairman | OfficerTrustee | 10 | $0 |
Luke Mcdowell Secretary | OfficerTrustee | 10 | $0 |
Matthew Ball Director | Trustee | 10 | $0 |
Mat Soltis Director | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $530,183 |
All other contributions, gifts, grants, and similar amounts not included above | $517,859 |
Noncash contributions included in lines 1a–1f | $13,110 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,048,042 |
Total Program Service Revenue | $4,265,475 |
Investment income | $12,542 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $30,800 |
Net Gain/Loss on Asset Sales | $5,459 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,556,778 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $138,106 |
Compensation of current officers, directors, key employees. | $121,534 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,463,383 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $369,024 |
Payroll taxes | $192,327 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $36,575 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $236,086 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $411,981 |
Insurance | $36,917 |
All other expenses | $249,552 |
Total functional expenses | $4,803,262 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,438,592 |
Savings and temporary cash investments | $34,995 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $50,768 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $26,541 |
Net Land, buildings, and equipment | $8,183,144 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $15,290 |
Total assets | $9,749,330 |
Accounts payable and accrued expenses | $128,276 |
Grants payable | $0 |
Deferred revenue | $430,492 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,987,979 |
Total liabilities | $5,546,747 |
Net assets without donor restrictions | $4,195,699 |
Net assets with donor restrictions | $6,884 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,749,330 |
Over the last fiscal year, we have identified 4 grants that Rockbridge Academy Inc has recieved totaling $180,722.
Awarding Organization | Amount |
---|---|
Atsinger Family Foundation Camarillo, CA PURPOSE: (1) DESCRIPTION: 133 SHARES OF TESLA, INC. SECURITIES (2) BOOK VALUE: $87,420 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 11/19/2021 (6) PURPOSE: EVERGREEN CAMPUS FUND | $148,389 |
Atsinger Family Foundation Camarillo, CA PURPOSE: GENERAL OPERATING SUPPORT | $21,500 |
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $833 |
Organization Name | Assets | Revenue |
---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Tatnall School Inc Wilmington, DE | $48,687,568 | $19,526,911 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Milton Gottesman Jewish Day School Of The Nations Capital Washington, DC | $47,850,998 | $22,230,618 |
Mastery Charter School-Pickett Campus Philadelphia, PA | $12,425,498 | $19,474,866 |
Philadelphia Academy Charter School Philadelphia, PA | $22,346,982 | $21,291,315 |
Imagine Schools Inc Vienna, VA | $112,554,052 | $31,881,932 |
Meridian Public Charter School Washington, DC | $25,835,715 | $17,496,957 |
St Paul's School For Girls Inc Brooklandville, MD | $0 | $15,914,099 |
Propel Charter School - Montour Pittsburgh, PA | $8,477,857 | $16,070,119 |
St Johns Community Services - District Of Columbia Washington, DC | $113,804 | $20,352,755 |
Philadelphia Charter School For Arts And Sciences At Hr Edmunds Philadelphia, PA | $13,352,194 | $18,760,552 |