philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

French Camp Academy FY2020 filing

Tax-deductible

French Camp, MS501(c)(3)Since 1950Education EIN 64-0321520Revenue $19.3M in FY2020

On file with the IRSfrenchcamp.org1 Fine Pl, 39745-9700 · French Camp, MSTax-exempt since Jan 1949School — 170(b)(1)(A)(ii)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The primary purpose of French Camp Academy is to provide a christian school-home for children with family problems not of their own making.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$202K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $5.3M a year · 38% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$202K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Plus $44.2M in investments, Pt X · Ln 11–13
Looks good: 7.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $74K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.7M
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$19.3M
Spent
$7.6M
To programs
82%
Net assets
$59.0M
By yearFY2020–FY2025
Revenue
$19.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$19.3M
FY2021$10.9M
FY2022$13.9M
FY2023$10.3M
FY2024$14.8M
FY2025$13.6M
Expenses
$7.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$7.6M
FY2021$7.0M
FY2022$8.4M
FY2023$9.7M
FY2024$8.9M
FY2025$9.8M
Net assets
$59.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$59.0M
FY2021$72.7M
FY2022$70.6M
FY2023$70.5M
FY2024$83.4M
FY2025$88.1M

From the FY2020 Form 990 (year ending May 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1949.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $6.2M Management & general 10% · $778K Fundraising 8% · $605K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

19 people listed on the 990; $202K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$57,651Pt VII · Sec A
Todd Marion
Vice President
$41,338Pt VII · Sec A
J Lance Ragsdale
Vice President
$36,853Pt VII · Sec A
Bruce Hosket
Vice President
$35,303Pt VII · Sec A
$30,968Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

F Stewart Edwards JR’s $105K as President is at the 4th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
F Stewart Edwards JR$105,107$101,705$96,170$96,131$56,306$57,651
R Stephen Ulerich$60,400$67,720$46,988$40,296$34,198$30,968
J Lance Ragsdale$61,521$61,383$49,333$43,144$40,008$36,853
Bruce Hosket———$45,683$41,994$35,303
Todd Marion—————$41,338
Todd Marion - End Date 073120————$9,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See French Camp Academy executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers a Christian school and home for children facing family difficulties.

Questions for French Camp Academy

Tap to ask. French Camp Academy sees how many people are interested.

Your first name shows with your question. French Camp Academy answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $6.2M · in their own filed words · FY2019
01

Boarding and education of students, averaging 199 students served per year.

$4.5Mprogram expense
02

Provided financial assistance to 272 qualifying students towards tuition and fees.

$1.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Wilbourn Memorial French Camp Academy TrustFY2025$56K
Ernest Alva Oswalt and Betty Austin Oswalt FoundationFY2025$10K
Mary Emily Wilson Charitable TrustFY2025$5K
Wright Family Foundation INCFY2025$2K
Terry and Judy Thomas FoundationFY2025$1K
Total grants receivedfrom 5 funders$74K
See all 5 funders →

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$19.3M
Ln 12
Gifts and grantsLn 1h$15.2M
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$1.7M
Money outPt IX
$7.6M
Ln 25
Programscol B$6.2M
Managementcol C$778K
Fundraisingcol D$605K
Owns and owesPt X
$59.0M
net assets · Ln 32
Cash and savingsLn 1–2$5.0M
Total assetsLn 16$60.6M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
19
listed · VII A
PaidVII A5
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$15.2M
Noncash giftsLn 1g$414K
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$1.7M
Other incomeLn 4–11$211K
Gains on assetsLn 7$889K
Total revenueLn 12$19.3M
Assets in detailPt X, end of year
SavingsLn 2$5.0M
Cash and savings togetherLn 1–2$5.0M
InvestmentsLn 11–13$44.2M
Land, buildings, equipmentLn 10c$6.9M
Other assetsLn 15$3.5M
Total assetsLn 16$60.6M
LiabilitiesLn 26$1.7M
Net assetsLn 32$59.0M
OperationsPt I, VI
EmployeesI 5282
VolunteersI 6160
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$4.4M$5.0M
InvestmentsLn 11–13$33.3M$44.2M
Land, buildings, equipmentLn 10c$6.7M$6.9M
Total assetsLn 16$48.4M$60.6M
LiabilitiesLn 26$1.8M$1.7M
Net assetsLn 32$46.6M$59.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$211K$73K$83K$56K
Other salaries and wagesLn 7$2.3M$2.0M$237K$109K
Pension plan contributionsLn 8$242K$196K$31K$16K
Other employee benefitsLn 9$944K$782K$113K$49K
Payroll taxesLn 10$204K$160K$32K$12K
Accounting feesLn 11c$51K$51K
Investment management feesLn 11f$174K$174K
Advertising and promotionLn 12$298K$35K$263K
Information technologyLn 14$65K$65K
OccupancyLn 16$399K$348K$36K$14K
Depreciation, depletion and amortizationLn 22$695K$556K$76K$63K
InsuranceLn 23$275K$214K$61K
Other expenses (24a–d)Ln 24$1.4M$1.3M$57K$23K
All other expensesLn 24e$363K$363K
Total functional expensesLn 25$7.6M$6.2M$778K$605K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $13.6M$9.8M$3.8M$88.1M 990 PDF
FY2024 $14.8M$8.9M$5.9M$83.4M 990 PDF
FY2023 $10.3M$9.7M$666K$70.5M 990 PDF
FY2022 $13.9M$8.4M$5.5M$70.6M 990 PDF
FY2021 $10.9M$7.0M$3.9M$72.7M 990 PDF
FY2020 Viewing $19.3M$7.6M$11.7M$59.0M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $19,292,895 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,910,139$15,206,345
I-9 Program service revenuePrior year $2,340,402$2,182,884
I-10 Investment incomePrior year $1,040,107$1,692,589
I-11 Other revenuePrior year $370,527$211,077
I-12 Total revenuePrior year $7,661,175$19,292,895
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,986,444$3,930,619
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,806,262$3,691,156
I-18 Total expensesPrior year $7,792,706$7,621,775
I-19 Revenue less expensesPrior year −$131,531$11,671,120
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $19,292,895 across 9 lines filed
Lines not itemized here account for $129,004 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$15,206,345
VIII-1g Noncash contributions (included above)$413,725
VIII-1h Total contributions, gifts and grants$15,206,345
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,053,880$2,053,880
VIII-3 Investment incomeExcluded from tax $803,432$803,432
VIII-6 Net rental income or lossExcluded from tax $180,393$180,393
VIII-7 Net gain or loss on sales of assetsExcluded from tax $889,157$889,157
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $30,684$30,684
VIII-12 Total revenueRelated to mission $2,213,568 · Unrelated business $0 · Excluded from tax $1,872,982$19,292,895
Part IX · Statement of functional expenses $7,621,775 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $72,614 · Management $82,835 · Fundraising $55,852$211,301
IX-7 Other salaries and wagesPrograms $1,982,974 · Management $237,430 · Fundraising $108,802$2,329,206
IX-8 Pension plan contributionsPrograms $195,886 · Management $30,529 · Fundraising $15,688$242,103
IX-9 Other employee benefitsPrograms $781,752 · Management $113,020 · Fundraising $48,753$943,525
IX-10 Payroll taxesPrograms $159,860 · Management $32,299 · Fundraising $12,325$204,484
IX-11c Accounting feesManagement $51,344$51,344
IX-11f Investment management feesPrograms $174,483$174,483
IX-12 Advertising and promotionPrograms $34,634 · Fundraising $263,465$298,099
IX-14 Information technologyPrograms $65,236$65,236
IX-16 OccupancyPrograms $348,399 · Management $35,989 · Fundraising $14,189$398,577
IX-22 Depreciation, depletion and amortizationPrograms $556,239 · Management $76,483 · Fundraising $62,577$695,299
IX-23 InsurancePrograms $213,618 · Management $61,050$274,668
IX-24 Other expenses (24a–d)Programs $1,290,789 · Management $56,842 · Fundraising $22,938$1,370,569
IX-24e All other expensesPrograms $362,881$362,881
IX-25 Total functional expensesPrograms $6,239,365 · Management $777,821 · Fundraising $604,589$7,621,775
Part X · Balance sheet $60,644,583 assets, 17 lines filed
Asset lines not itemized here account for $275,299; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $4,398,730$4,985,209
X-4 Accounts receivableStart of year $251,973$625,870
X-8 Inventories for sale or useStart of year $85,665$90,552
X-9 Prepaid expenses and deferred chargesStart of year $33,835$65,884
X-10c Land, buildings and equipment, netStart of year $6,683,913$6,910,321
X-11 Publicly traded securitiesStart of year $30,047,758$40,712,820
X-12 Other securitiesStart of year $3,276,941$3,503,945
X-15 Other assetsStart of year $3,261,286$3,474,683
X-16 Total assetsStart of year $48,446,273$60,644,583
X-17 Accounts payable and accrued expensesStart of year $407,249$427,567
X-19 Deferred revenueStart of year $491,830$83,463
X-25 Other liabilitiesStart of year $907,071$1,149,347
X-26 Total liabilitiesStart of year $1,806,150$1,660,377
X-27 Net assets without donor restrictionsStart of year $18,223,177$30,278,193
X-28 Net assets with donor restrictionsStart of year $28,416,946$28,706,013
X-32 Total net assets or fund balancesStart of year $46,640,123$58,984,206
X-33 Total liabilities and net assetsStart of year $48,446,273$60,644,583
Part XI · Reconciliation of net assets $58,984,206 net assets at year end
XI-1 Total revenue$19,292,895
XI-2 Total expenses$7,621,775
XI-3 Revenue less expenses$11,671,120
XI-4 Net assets at start of year$46,640,123
XI-5 Net unrealized gains (losses) on investments$631,972
XI-6 Donated services and use of facilities$13,200
XI-9 Other changes in net assets$27,791
XI-10 Net assets at end of year$58,984,206

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.