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Farmington Academy Inc

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

EIN: 201571082 ✦ Avon, CT ✦ Designated as a 501(c)(3)

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Overview

What is Farmington Academy Inc?

Farmington Academy Inc, located in Avon, Connecticut, is a nonprofit organization dedicated to Montessori education for children aged two to thirteen. Their mission is to provide an enriching educational experience that combines intellectual rigor with personal warmth. Following the teachings of Dr. Maria Montessori and other renowned educators, Farmington Valley Academy Montessori aims to establish an ideal learning environment that encourages students to grow in confidence, develop their full potential, and foster a deep-seated love for learning. The organization values respect for oneself and others, personal responsibility, and academic excellence. With approximately 39 employees, Farmington Academy Inc strives to deliver a top-notch education to its students.


Official website here: www.fvamontessori.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 66% (Two-Star out of Four Star rating)

Farmington Academy Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates strong governance practices, highlighted by having a fully independent board and a comprehensive set of policies in place, including conflict of interest and whistleblower protections. Their program expense ratio is commendably high at 89.76%, reflecting a significant commitment to their mission.

However, the organization faces challenges as evidenced by its liabilities to assets ratio of 81.29%, which may raise concerns about financial stability. This aspect could suggest that the organization has a significant amount of debt relative to its assets, potentially impacting its long-term viability. While the operational structure appears solid, the financial health indicators warrant cautious consideration from potential donors.

Overall, while Farmington Academy Inc has established strong governance and a high program expense ratio, its financial liabilities present a limitation that may affect its overall ratings and perceptions among stakeholders.


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

What do the Facebook reviews say about Farmington Academy Inc?

96% of 11 reviewers on Facebook recommend Farmington Academy Inc. Their sentiments reflect a strong appreciation for the school's atmosphere and the dedication of its staff.

Many parents express that the environment is welcoming, supportive, and nurturing, which significantly contributes to their children's educational experiences. The engagement of the staff and the quality of materials used in teaching are frequently highlighted as outstanding aspects of the academy.

Overall, it appears that Farmington Academy Inc successfully meets the expectations of families, fostering a positive and enriching environment for students.


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

Is Farmington Academy Inc legitimate?

Farmington Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farmington 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $824,436

For more financial information, click here


Official website here: www.fvamontessori.org

What is the mission statement of Farmington Academy Inc?

The mission of Farmington Academy Inc, as outlined, is to provide an exceptional education that combines intellectual rigor with a nurturing atmosphere. The educational philosophy and curriculum at the academy are influenced by Dr. Maria Montessori's teachings along with other insightful educators. The primary objective is to establish an ideal learning environment that encourages students to develop their full potential across various experiences. The academy considers its mission accomplished when it instills in each student a sense of self-respect, personal responsibility, academic excellence commensurate with their potential, and a lifelong passion for learning.


Official website here: www.fvamontessori.org

Who is the CEO of Farmington Academy Inc?

Joe Capozzoli is the Treasurer of Farmington Academy Inc.


Official website here: www.fvamontessori.org

What is the revenue of Farmington Academy Inc?

Farmington Academy Inc's revenue in 2022 was $2,015,462.


Official website here: www.fvamontessori.org

Who are the executives of Farmington Academy Inc and what are their salaries?

The average compensation at Farmington Academy Inc during 2022 was $21,139. There are 39 employees at Farmington Academy Inc.


Here are 9 key members and their salaries:


Sharon Healy (Executive Dir.)
  • Compensation: $115,000
  • Related: $0
  • Other: $0
Peter Christman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Capozzoli (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Bennett (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Landry (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Cunningham (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Eva Ceranowicz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Arthur B Landry Iii Md (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Shaw (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fvamontessori.org

Where can I find the form 990 for Farmington Academy Inc?

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


Official website here: www.fvamontessori.org

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

Mission Statement of Farmington Academy Inc

Farmington Academy Inc, as a Montessori school, is dedicated to providing an outstanding education that harmonizes intellectual rigor with a nurturing environment. The school's mission is deeply rooted in the principles of Dr. Maria Montessori and the insights of other distinguished educators. This broad educational philosophy and curriculum aim to establish an ideal setting where each student can cultivate self-confidence, a strong sense of personal responsibility, and a lifelong love for learning. The school considers its mission accomplished when it has instilled in each student a profound respect for themselves and others, an intrinsic drive for personal growth, and academic achievements that reflect their full potential.

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Impact




August, 2024

Farmington Academy Inc, operating as The Farmington Valley Academy Montessori, has a significant impact on the education of children ages two to thirteen in Avon, CT. By following Dr. Maria Montessori's principles and incorporating insights from other educators, the academy provides a nurturing environment that promotes intellectual rigor and personal warmth.

The academy's philosophy and curriculum aim to instill in each student a sense of respect for themselves and others, personal responsibility, academic achievement equal to their potential, and a love of learning. Through this approach, Farmington Academy Inc helps students develop their confidence and desire to reach their fullest potential across a wide range of experiences. The academy's impact extends beyond academic success to shape well-rounded individuals who are prepared to contribute positively to their communities.




This information is meant to be a general summary of Farmington 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.

Revenue
$2,015,462 (2022)
Expenses
$1,803,507 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $428
  • Program Service Revenue: $1,756,512
  • Gross Receipts: $2,020,228

Assets and Liabilities:

  • Total Assets: $1,384,256
  • Total Liabilities: $940,679
  • Net Assets: $443,577

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Programs

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

Programs income

Revenue

$129,454

Tuition

Revenue

$1,627,058

Organization Details

Founding Year

2004

Principal Officer

Joe Capozzoli

Main Address

150 Fisher Drive, Avon, CT, 06001

NTEE Category

Code: B20 - Education

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