Fredericksburg Christian Educational Services Inc
Nonprofit profile at a glance
- EIN
- 541144064
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2024
- Location
- Fredericksburg, VA, USA
- Phone
- 540-373-5357
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Secondary, High School
- Affiliation
- Christianity
Reported finances
- Revenue
- $17,366,546
- Expenses
- $16,221,171
- Assets
- $26,219,455
- Liabilities
- $8,409,812
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- RICHARD A YOST (PRESIDENT)
- AMY MCCULLOUGH (VICE PRESIDENT)
Highest reported compensation
- RICHARD A YOST (PRESIDENT): $119,979 total reported compensation
- AMANDA KAESER (FINANCE DIRECTOR): $77,961 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fredericksburg Christian School is an evangelical, non-denominational school dedicated to a strong academic program with Christian character and Biblical truths integrated into every area, in order that students develop a lifelong Biblical worldview. Do FCS high school students participate in mission trips? Our high school students **participate in mission programs** and reach out to other Christian schools and international communities through mission involvement. We have been to Africa, Argentina, France, Guatemala, Haiti, Peru, and Uruguay, and participated in a local inner-city mission trip in Richmond. The Upper School also provides the opportunity to travel to West Virginia each year, where students volunteer at a boys’ home. Do any international students attend FCS?
What it reported doing in 2024
A complete christian educational program for preschool through grade 12 is provided, serving approximately 1,113 students in normal school schedule. Discounts and financial aid were awarded to students in the amount of $2,277,528 for the fiscal year of 2025.
Operating model
- Revenue model
- Earned-program. 86% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 82% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 94
- Accountability: 85
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.5%; rating input score 75
- Program expense ratio: 79.9%; rating input score 80
- Fundraising efficiency: $14.71 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 14th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.6%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 1.62; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 84; 84th percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 7.5% per year; rating input score 100; 52nd percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 74.5% of revenue deployed · 79.9% of spending went to programs
- Governance: 6 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $13M in reported program spending
- Leadership: top reported pay $120K · 9 people listed
- Highest-paid contractors: 5 contractors listed · $2.1M reported
- Consistency: 40 of 40 current checks pass
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
- Review — Sustainability: Operating margin scored 59/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.