French Camp Academy
- Assets
- $72.0m
- Revenue
- $13.9m
- Investments
- $4.1m
- Employees
- 284
- Location
- French Camp, MS
- Founding
- 01/1949
- Data as of
- 05/2022
- EIN
- 64-0321520
Organization Overview
French Camp Academy is located in French Camp, MS. The organization was established in 1949. As of 05/2022, French Camp Academy employed 284 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French Camp Academy 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 05/2022, French Camp Academy generated $13.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $8.4m during the year ending 05/2022. While expenses have increased by 1.9% 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
THE PRIMARY PURPOSE OF FRENCH CAMP ACADEMY IS TO PROVIDE A CHRISTIAN SCHOOL-HOME FOR CHILDREN WITH FAMILY PROBLEMS NOT OF THEIR OWN MAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOARDING AND EDUCATION OF STUDENTS, AVERAGING 212 STUDENTS SERVED PER YEAR.
PROVIDED FINANCIAL ASSISTANCE TO 202 QUALIFYING STUDENTS TOWARDS TUITION AND FEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
F Stewart Edwards Jr President | Officer | 40 | $96,131 |
Bruce Hosket Vice President | Officer | 40 | $45,683 |
J Lance Ragsdale Vice President | Officer | 40 | $43,144 |
R Stephen Ulerich CFO | Officer | 40 | $40,296 |
Sharkey Burke Trustee | Trustee | 0.3 | $0 |
Scott Castleman Trustee | Trustee | 0.3 | $0 |
Financial Statements
| 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 | $6,942,197 |
| Noncash contributions included in lines 1a–1f | $35,301 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,942,197 |
| Total Program Service Revenue | $2,641,776 |
| Investment income | $1,958,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $136,912 |
| Net Gain/Loss on Asset Sales | $2,204,513 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,884,075 |
| 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. | $240,212 |
| Compensation of current officers, directors, key employees. | $84,542 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,341,216 |
| Pension plan accruals and contributions | $259,850 |
| Other employee benefits | $1,199,864 |
| Payroll taxes | $176,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,942 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $273,996 |
| Fees for services: Other | $0 |
| Advertising and promotion | $326,547 |
| Office expenses | $0 |
| Information technology | $76,129 |
| Royalties | $0 |
| Occupancy | $464,339 |
| Travel | $0 |
| 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 | $775,371 |
| Insurance | $232,518 |
| All other expenses | $381,659 |
| Total functional expenses | $8,353,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,878,550 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,215 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $86,297 |
| Inventories for sale or use | $97,355 |
| Prepaid expenses and deferred charges | $70,966 |
| Net Land, buildings, and equipment | $7,501,189 |
| Investments—publicly traded securities | $45,519,866 |
| Investments—other securities | $4,079,282 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,752,483 |
| Total assets | $72,042,203 |
| Accounts payable and accrued expenses | $472,649 |
| Grants payable | $0 |
| Deferred revenue | $517,231 |
| 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 | $431,845 |
| Total liabilities | $1,421,725 |
| Net assets without donor restrictions | $36,445,982 |
| Net assets with donor restrictions | $34,174,496 |
| 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 | $72,042,203 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that French Camp Academy has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Sss Foundation Natchez, MS PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES | $2,500 |
Endowment Analysis
| Beg. Balance | $64,084,646 |
| Earnings | -$7,092,520 |
| Net Contributions | $3,052,692 |
| Ending Balance | $60,044,818 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |
Caney Creek Community Center Pippa Passes, KY | $136,427,755 | $30,649,937 |
Community Academies Of New Orleans Inc New Orleans, LA | $3,607,282 | $19,811,905 |
Webber International University Inc Babson Park, FL | $22,918,487 | $19,317,100 |
Kentucky Christian University Inc Grayson, KY | $38,563,521 | $22,232,558 |
Emory University Decatur, GA | $5,794,825 | $19,416,810 |
Ave Maria School Of Law Naples, FL | $21,394,119 | $23,155,503 |
Lighthouse Academies Of Arkansas Inc North Little Rock, AR | $582,799 | $18,301,867 |
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |