FRENCH CAMP ACADEMY

EIN: 640321520 501(c)(3) Education

FRENCH CAMP, MS

Total Revenue
$13,635,413
Total Expenses
$9,840,494
Total Assets
$89,740,509
Net Assets
$88,106,795
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
MS
Principal Officer
R STEPHEN ULERICH
Phone
6625476482
Tax Period
2024-06-01 to 2025-05-31

FRENCH CAMP ACADEMY, founded in 1950, is a mid-sized nonprofit in the Education sector that reported $13.6M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $3.8M, a strong 28% operating margin.

Mission

THE PRIMARY PURPOSE OF FRENCH CAMP ACADEMY IS TO PROVIDE A CHRISTIAN SCHOOL-HOME FOR CHILDREN WITH FAMILY PROBLEMS NOT OF THEIR OWN MAKING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,382,164
Program Service Revenue $2,050,644
Investment Income $4,051,432
Other Revenue $151,173
TOTAL REVENUE $13,635,413

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,507,144
Fundraising Expenses $705,638
Program Expenses $8,240,370
Other Expenses $5,333,350
TOTAL EXPENSES $9,840,494

Year-over-Year Comparison

2024 2023 Change
Revenue $13,635,413 $14,823,422 -0.1%
Expenses $9,840,494 $8,884,183 +0.1%
Net Income $3,794,919 $5,939,239 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
278
Volunteers
50

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$229,728
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARKEY BURKE TRUSTEE 0.30
Director
$0 $0 $0
SCOTT CASTLEMAN TRUSTEE END: 12/31/25 0.30
Director
$0 $0 $0
GLENN GALEY TRUSTEE 0.30
Director
$0 $0 $0
TOXEY HALL III TRUSTEE 0.30
Director
$0 $0 $0
CAREY HAUENSTEIN TRUSTEE DECEASED: 1/1/26 0.30
Director
$0 $0 $0
LEE LAMPTON TRUSTEE 0.30
Director
$0 $0 $0
CHUCK MCBRIDE TRUSTEE 0.30
Director
$0 $0 $0
BROOKS MOSLEY TRUSTEE 0.30
Director
$0 $0 $0
TOMMY PEASTER TRUSTEE 0.30
Director
$0 $0 $0
HUGH POTTS JR TRUSTEE 0.30
Director
$0 $0 $0
VIVIAN FARRIS TRUSTEE 0.30
Director
$0 $0 $0
BILL CALDWELL TRUSTEE BEGIN: 12/10/24 0.30
Director
$0 $0 $0
F STEWART EDWARDS JR PRESIDENT 40.00
Officer
$105,107 $900 $106,007
J LANCE RAGSDALE VICE PRESIDENT 40.00
Officer
$61,521 $900 $62,421
R STEPHEN ULERICH VICE PRESIDENT & CFO 40.00
Officer
$60,400 $900 $61,300
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $13,635,413 $9,840,494 $89,740,509 $3,794,919
2024 $14,823,422 $8,884,183 $84,828,462 $5,939,239
2023 $10,332,415 $9,666,737 $71,999,796 $665,678
2022 $13,884,075 $8,353,106 $72,042,203 $5,530,969
2021 $10,913,437 $6,996,905 $74,161,060 $3,916,532
2020 $19,292,895 $7,621,775 $60,644,583 $11,671,120
2019 $7,661,175 $7,792,706 $48,446,273 $-131,531
2018 $9,447,498 $7,508,493 $49,256,363 $1,939,005
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