Overview
What is Friends Academy Inc?
Friends Academy Inc, situated in North Dartmouth, Massachusetts, is a co-educational, independent day school dedicated to the education of students from early childhood through eighth grade. With a mission to instill a strong foundation of academic knowledge and skills, responsible citizenship, respect for diversity, and a sense of well-being, the academy prepares its students for a lifetime of learning and personal growth. Currently, 232 students benefit from this education, and the organization is supported by a team of 102 dedicated employees.
Official website here: www.friendsacademy1810.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Friends Academy Inc has achieved a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is based entirely on the organization’s performance in the Accountability & Finance area, showcasing a commitment to transparency and effective financial management.
The nonprofit excels with full marks in several key categories, such as having a fully independent board and robust financial oversight through its Audit and Oversight Committee. The organization has effectively documented its policies, including conflict of interest and whistleblower policies, contributing to a trustworthy operational framework.
Despite its strengths, the summary does not indicate specific programmatic outcomes or community impact, which are critical for assessing the overall effectiveness of a nonprofit. However, the high program expense ratio suggests that a significant portion of its resources is allocated towards its mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Academy Inc legitimate?
Friends Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Academy Inc 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: $580,197
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,757,199
For more financial information, click here
Official website here: www.friendsacademy1810.org
What is the mission statement of Friends Academy Inc?
Friends Academy Inc, as a co-educational independent day school, aims to provide its students from preschool to eighth grade with an educational foundation. This foundation is designed to instill essential academic knowledge and skills, foster responsible citizenship, promote respect for diversity and differences, and cultivate a sense of well-being. These qualities are crucial for a lifetime of learning and personal growth. The mission of Friends Academy Inc is to equip its students with the necessary tools for a successful future, emphasizing the importance of respect and understanding towards diversity.
Official website here: www.friendsacademy1810.org
What is the revenue of Friends Academy Inc?
Friends Academy Inc's revenue in 2024 was $6,474,905.
Official website here: www.friendsacademy1810.org
Who are the executives of Friends Academy Inc and what are their salaries?
The average compensation at Friends Academy Inc during 2024 was $31,893. There are 136 employees at Friends Academy Inc.
Here are 20 key members and their salaries:
- Compensation: $227,854
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Official website here: www.friendsacademy1810.org
Where can I find the form 990 for Friends Academy Inc?
Friends Academy Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.friendsacademy1810.org
Learn more at the official website: www.friendsacademy1810.org
Mission Statement of Friends Academy Inc
Friends Academy Inc, a co-educational independent day school, is dedicated to nurturing students from preschool to eighth grade. The institution's mission is to equip each student with an educational foundation that fosters essential academic knowledge, skills, responsible citizenship, respect for diversity, and a sense of well-being. This foundation is crucial for fostering a lifetime of learning and personal growth. The trustees of Friends Academy Inc aim to instill these qualities in their students, preparing them for a future filled with opportunities and personal development.
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Impact
July, 2024
Friends Academy Inc's impact is significant in providing a high-quality education to its 232 students, ranging from early childhood through eighth grade. The institution's mission to instill academic knowledge, responsible citizenship, respect for diversity, and a sense of well-being in each student sets a strong foundation for lifelong learning and personal growth. By fostering these values, Friends Academy contributes to shaping well-rounded individuals who are equipped to positively impact their communities and the world at large.
This information is meant to be a general summary of Friends Academy Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $69,264
- Program Service Revenue: $5,670,843
- Gross Receipts: $6,556,155
Assets and Liabilities:
- Total Assets: $16,338,218
- Total Liabilities: $6,107,006
- Net Assets: $10,231,212
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$4,586,700
STUDENT SUPPORT SERVICES
Revenue
$1,084,143
Organization Details
Founding Year
1810
Principal Officer
Benjamin Kennedy
Website
www.friendsacademy1810.orgNTEE Category
Code: B240 - Education
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