Foxcroft School is located in Middleburg, VA. The organization was established in 1938. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Foxcroft School employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foxcroft School 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, Foxcroft School generated $10.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $17.4m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND PREPARE YOUNG WOMEN AS GLOBAL CITIZENS AND FUTURE LEADERS.
Describe the Organization's Program Activity:
WITH 100% OF OUR GRADUATES ACCEPTED TO A FOUR-YEAR COLLEGE OR UNIVERSITY, WE ARE AN INDEPENDENT SCHOOL FOR GIRLS IN GRADES 9-12. WE OFFER A RIGOROUS COLLEGE-PREPARATORY CURRICULUM OF 77 COURSES ACROSS 6 ACADEMIC DISCIPLINES, INCLUDING ADVANCED PLACEMENT COURSES AND AN INNOVATIVE STEM PROGRAM THAT EMPOWERS YOUNG WOMEN TO PURSUE FIELDS WHERE WOMEN ARE UNDERREPRESENTED. NEARLY 30% OF RECENT GRADUATES PURSUE STEM MAJORS/CAREERS. 56% OF THE STUDENT BODY RECEIVE NEED AND/OR MERIT BASED AID. ADDITIONALLY, 66% OF THE FACULTY HOLD A MASTER'S, DOCTORAL, OR LAW DEGREE AND 93% OF FACULTY AND ADMINISTRATORS LIVE ON CAMPUS TO SUPPORT OUR RESIDENTIAL BOARDING PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Vice-Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Meriwether Godsey Inc Dining Services | 6/29/21 | $824,187 |
Ennis Electric Company Inc Electrical Services | 6/29/21 | $445,577 |
Seasonair Inc Hvac Services | 6/29/21 | $380,483 |
C & W Facility Services Inc Janitorial Services | 6/29/21 | $299,771 |
Gruver Cooley Corporation Renovation Services | 6/29/21 | $203,845 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,737,545 |
Noncash contributions included in lines 1a–1f | $693,059 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,737,545 |
Total Program Service Revenue | $10,103,535 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $14,231 |
Net Gain/Loss on Asset Sales | -$1,400,513 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $103,428 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,560,576 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,638,326 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $561,409 |
Compensation of current officers, directors, key employees. | $151,684 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,446,365 |
Pension plan accruals and contributions | $419,555 |
Other employee benefits | $835,057 |
Payroll taxes | $487,646 |
Fees for services: Management | $0 |
Fees for services: Legal | $34,773 |
Fees for services: Accounting | $56,089 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,272 |
Fees for services: Other | $2,054,069 |
Advertising and promotion | $0 |
Office expenses | $111,032 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $72,605 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,691,708 |
Insurance | $150,040 |
All other expenses | $0 |
Total functional expenses | $17,354,337 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $17,151 |
Savings and temporary cash investments | $2,282,377 |
Pledges and grants receivable | $489,654 |
Accounts receivable, net | $106,066 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $255,458 |
Prepaid expenses and deferred charges | $528,993 |
Net Land, buildings, and equipment | $42,164,706 |
Investments—publicly traded securities | $35,995,110 |
Investments—other securities | $60,386,938 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $142,226,453 |
Accounts payable and accrued expenses | $689,141 |
Grants payable | $0 |
Deferred revenue | $2,151,026 |
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 | $4,156,994 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $6,997,161 |
Net assets without donor restrictions | $83,215,390 |
Net assets with donor restrictions | $52,013,902 |
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 | $142,226,453 |