Public Charity

FREDERICA ACADEMY INC

FREDERICA ACADEMY INC, of ST SIMONS ISLAND, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $15.6M in revenue, $13.0M in expenses, $31.9M in total assets. 48 publicly reported grants to this organization, totaling roughly $4.2M, appear in IRS filings.

EIN: 581093060 ST SIMONS ISLAND, GA Latest filing: 2024
Total Revenue$15.6M
Total Expenses$13.0M
Total Assets$31.9M
Grant Records48
Funding Total$4.2M
Filing Years2020–2024

Mission

TO MAXIMIZE EACH STUDENT'S POTENTIAL AND PREPARE HIM/HER FOR COLLEGE AND ADULT LIFE THROUGH THE DEVELOPMENT OF MIND, BODY, AND SPIRIT.

Officers & Directors

TREASURER Adam Hagfors
BOARD OF TRUSTEES Alfred Sams
BOARD OF TRUSTEES Allison Reid
SECRETARY Ann Mcglaughlin
BOARD OF TRUSTEES Billy Suddath
BOARD OF TRUSTEES Bonnie Brooks

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$1,148,027 8 grants
GROWTH
$960,000 6 grants
GENERAL SUPPORT
$577,750 4 grants
ANNUAL FUND & FRIENDS OF FREDERICA
$532,250 5 grants
EDUCATION
$441,250 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $15.6M $13.0M $31.9M
2023 $13.8M $11.9M $29.0M
2022 $16.6M $10.4M $26.2M
2021 $10.6M $9.8M $20.2M
2020 $9.2M $9.4M $18.1M

Between 2020 and 2024, reported annual revenue grew from $9.2M to $15.6M (+70%), with total assets most recently reported at $31.9M.

Interactive year-over-year charts and full filing details available with membership.

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