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Fryeburg Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010211505 ✦ Fryeburg, ME ✦ Designated as a 501(c)(3)

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Overview

What is Fryeburg Academy?

Fryeburg Academy is an independent secondary school located at 745 Main Street, Fryeburg, Maine, with a diverse student population from both local and international backgrounds. The school, which employs 210 individuals, offers a comprehensive academic program that challenged students, all while fostering a respectful and inclusive learning environment. The Academy's mission is to create a strong school community that promotes respect, tolerance, and cooperation, preparing students for responsible citizenship. The organization's academic curriculum is enriched by a varied co-curriculum, equipping students with the essential knowledge and skills needed for success in higher education and their future careers.


Official website here: www.fryeburgacademy.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating.

Fryeburg Academy has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored a perfect 100% in its accountability and finance beacon, reflecting its strong governance practices and commitment to transparency. All board members are independent, and the organization has successfully implemented robust policies related to conflicts of interest and whistleblower protections.

Financially, Fryeburg Academy demonstrates solid management of its resources, with a program expense ratio of 78.88%, meaning a significant majority of its expenditures are directed towards fulfilling its mission. The organization also maintains a healthy liabilities to assets ratio of 12.82%, which suggests it is effectively managing its liabilities relative to its assets. This financial stability enhances the trust and confidence of donors and stakeholders.

Overall, Fryeburg Academy's strong performance in financial oversight and governance practices positions it as a reliable nonprofit in the education sector. However, as with any organization, ongoing evaluation and transparency are vital to maintaining its strong standing in the community and among supporters.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Fryeburg Academy?

86% of 224 reviewers on Facebook recommend Fryeburg Academy. Here is a summary of their reviews:

Many users express strong support for the academy, highlighting its well-rounded approach to education and student services. Reviews often mention the quality of instruction, the supportive environment, and the diverse opportunities available to students. Many feel that Fryeburg Academy excels in preparing students for future endeavors, whether in higher education or vocational paths.

Overall, the sentiment surrounding Fryeburg Academy is predominantly positive, with individuals appreciating the dedication of the faculty and the array of resources provided. Several reviewers specifically note that the school fosters a nurturing atmosphere, making it an appealing choice for prospective students and their families.


This AI summary has been generated from reviews found on Facebook.

Is Fryeburg Academy legitimate?

Fryeburg Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fryeburg Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $357,929
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,631,373

For more financial information, click here


Official website here: www.fryeburgacademy.org

What is the mission statement of Fryeburg Academy?

Fryeburg Academy is an independent secondary school that caters to a diverse student population, both local day students and boarding students from various regions and countries. The school prioritizes the creation of a supportive learning environment, where respect, tolerance, and cooperation are encouraged. In this nurturing atmosphere, Fryeburg Academy offers a challenging and comprehensive academic program, enhanced by a varied co-curriculum. This educational approach equips students with the essential knowledge and skills necessary for success in higher education and their future careers. By fostering a strong school community, Fryeburg Academy prepares its students for responsible citizenship.


Official website here: www.fryeburgacademy.org

Who is the CEO of Fryeburg Academy?

Christopher M Gordon is the Trustee of Fryeburg Academy.


Official website here: www.fryeburgacademy.org

What is the revenue of Fryeburg Academy?

Fryeburg Academy's revenue in 2022 was $18,553,432.


Official website here: www.fryeburgacademy.org

Who are the executives of Fryeburg Academy and what are their salaries?

The average compensation at Fryeburg Academy during 2022 was $28,520. There are 210 employees and 24 volunteers at Fryeburg Academy.


Here are 23 key members and their salaries:


Christopher Burk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Chandler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Day (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Duane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Durgin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather P Hart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael H Hill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Punyu Ho (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Dekutoski Hunsicker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradford Littlefield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Macfarlane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter J Malia Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Mckeen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Smith Osgood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Russell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicola Soares (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher M Gordon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven P Cote (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Shaffner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Thibodeau (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin P Mayo (Head Of School)
  • Compensation: $265,754
  • Related: $0
  • Other: $88,458
Joseph R Manning (Assistant Head Of School)
  • Compensation: $154,862
  • Related: $0
  • Other: $32,993


Official website here: www.fryeburgacademy.org

Where can I find the form 990 for Fryeburg Academy?

Fryeburg Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fryeburgacademy.org

Learn more at the official website: www.fryeburgacademy.org

Mission Statement of Fryeburg Academy

Fryeburg Academy, an independent secondary school, is dedicated to serving a diverse student body, comprised of local day students and boarding students from various regions across the nation and around the world. The institution's overarching goal is to foster a robust school community that encourages respect, tolerance, and collaboration. By nurturing this supportive environment, Fryeburg Academy aims to prepare students for responsible citizenship. The academic program at Fryeburg Academy is challenging and comprehensive, providing students with the essential knowledge and skills they need for success in higher education and the workforce. Furthermore, the school's enriched co-curriculum adds depth and breadth to the educational experience, contributing to students' overall growth and development. Fryeburg Academy's mission is grounded in the belief that a strong school community is the ideal setting for learning and personal growth. In pursuit of this goal, the academy consistently strives to create an inclusive environment where every student feels valued and supported. Through its rigorous academic program and diverse co-curricular offerings, Fryeburg Academy equips students with the necessary tools to thrive in the modern world.

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Impact




August, 2024

Fryeburg Academy's impact is significant in providing a comprehensive and challenging academic program to a diverse population of students, both locally and from various parts of the nation and the world. The Academy fosters a supportive school environment that promotes respect, tolerance, and cooperation, preparing students for responsible citizenship. By offering a varied co-curricular program along with its academic curriculum, Fryeburg Academy equips students with the necessary knowledge and skills for success in higher education and the workplace.




This information is meant to be a general summary of Fryeburg Academy. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$18,553,432 (2022)
Expenses
$17,195,283 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,300,662
  • Program Service Revenue: $13,338,597
  • Gross Receipts: $29,436,790

Assets and Liabilities:

  • Total Assets: $74,039,364
  • Total Liabilities: $10,631,916
  • Net Assets: $63,407,448

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tuition from towns

Revenue

$6,413,644

Tuition from boarders

Revenue

$5,874,321

Auxiliary program income

Revenue

$558,945

Language program tuition

Revenue

$309,750

Other tuition & fees

Revenue

$181,937

Organization Details

Founding Year

1792

Principal Officer

Christopher M Gordon

Main Address

745 Main Street, Fryeburg, ME, 04037

NTEE Category

Code: B25Z - Education

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