The Miller School of Albemarle

Nonprofit profile at a glance

EIN
540515717
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Charlottesville, VA, USA
Phone
4348234805
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$14,054,090
Expenses
$14,447,753
Assets
$43,224,075
Liabilities
$2,542,781

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Highest reported compensation

  • J MICHAEL DRUDE (HEAD OF SCHOOL/SECRETARY): $294,342 total reported compensation
  • BRAD BODAGER - DIRECTOR OF (INSTITUTIONAL ADVANCEMENT): $199,244 total reported compensation
  • AIMEE CARTER (DIRECTOR OF DEVELOPMENT): $162,800 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We create opportunities for discovery and reflection by engaging the minds, hands, and hearts of our students.

What it reported doing in 2024

The miller school of albemarle provides a comprehensive college-preparatory educational program for approximately 250 students in grades eight through twelve, including both day and boarding students. The accredited academic program is designed to cultivate intellectual curiosity, critical thinking, character development, leadership, and service. Students benefit from a rigorous curriculum spanning the humanities, sciences, engineering, fine arts, and experiential learning, complemented by advising, college counseling, athletics, arts programs, residential life, and extracurricular offerings. Instruction is delivered by highly qualified faculty who emphasize individualized attention, academic excellence, and the development of ethical and engaged citizens.in support of its educational mission, the school maintains and operates a historic campus of approximately 1,100 acres that is integral to delivering academic, residential, athletic, and co-curricular programming. Campus maintenance activities include the upkeep and preservation of classrooms, residence halls, athletic and fitness facilities, dining services, technology infrastructure, farm and environmental learning spaces, and shared campus facilities. These efforts ensure a safe, sustainable, and mission-aligned environment that supports daily instruction, student life, and hands-on educational experiences.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 75% for direct work, and 25% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 67
  • Accountability: 96
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.9%; rating input score 87
  • Program expense ratio: 87%; rating input score 87
  • Fundraising efficiency: $1.31 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • 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: 94.4%; rating input score 94; 28th 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: -2.8%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 2.99; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 6.5%; rating input score 39; 39th percentile among comparable filings

Growth

  • Program expense growth: 7.4% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 3.7% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 86.9% of revenue deployed · 87% of spending went to programs
  • Governance: 17 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $12.6M in reported program spending
  • Leadership: top reported pay $294K · 21 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $1.7M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • High — Sustainability: Operating margin scored 21/100.
  • Moderate — Sustainability: Officer compensation ratio scored 39/100.