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Greens Farms Academy

Greens Farms, CT · EIN 06-0733693 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Greens Farms Academy reported $53.7 million in revenue and $50.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.41 went to program services, $5.40 to management and general costs and $5.19 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.2% of the total. The highest compensation it reported for one person was $955,506 (HEAD OF SCHOOL). 65 people received more than $100,000 in reportable compensation. Revenue rose 40% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $50M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $54M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
5.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
5.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.29$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
16.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
78.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$955,506$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.91%1.28%
People paid over $100,000
Part VII, line 2
658
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
37.513.3
Independent voting board members
Part VI 1a–1b
20 of 21100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$43M expenses · 95.3% of program spending · grants $7.0M · revenue $42M

At gfa, we believe a pre-kindergarten through 12th grade education can be joyful. We invite our students to think big, question often and stay grounded in our core values of passion, integrity, empathy, curiosity, and excellence. Students are at the center of everything, as known and engaged partners in their own learning. They take pride in their achievements, define what excellence means for them, and then rise to meet it. Innovation is not a buzzword at gfa. Here, thoughtful progress travels alongside a legacy of academic strength. Gfa proudly helps shape men and women of character who…

$2.0M expenses · 4.6% of program spending · revenue $5,606

Horizons at gfa - horizons at gfa helps underserved bridgeport students in pre-kindergarten through 12th grade improve their educational outcomes by providing academic instruction, enrichment experiences, mentoring, and educational guidance in a nurturing community of dedicated professionals

$66,673 expenses · 0.1% of program spending · grants $19,165 · revenue $84,520

Summer programs - the gfa summer program offers innovative academic courses and a fun-filled summer camp

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEAD OF SCHOOL
Officer, 40.00 hrs/week
$750,557$0$204,949$955,506
CHIEF FINANCE & OPERATIONS
Officer, 40.00 hrs/week
$354,374$0$91,669$446,043
DIRECTOR OF INSTITUTIONAL ADVANCEMENT
Key employee, 40.00 hrs/week
$296,579$0$60,050$356,629
ATHLETIC DIRECTOR
Highest compensated employee, 40.00 hrs/week
$216,685$0$57,253$273,938
HEAD OF THE MIDDLE SCHOOL
Highest compensated employee, 40.00 hrs/week
$188,575$0$57,701$246,276
ASSOCIATE HEAD OF SCHOOL
Key employee, 40.00 hrs/week
$181,284$0$30,502$211,786
HEAD OF UPPER SCHOOL
Highest compensated employee, 40.00 hrs/week
$162,657$0$28,774$191,431
DIR. OF CAMPUS PLANNING & ENGINEERING
Highest compensated employee, 40.00 hrs/week
$167,280$0$14,818$182,098

65 people received more than $100,000 in reportable compensation from Greens Farms Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$54M$50M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$54M$50M89.4%$156M$955,506
FY2024 ⓘ$50M$46M89.8%$147M$891,290
FY2023 ⓘ$46M$43M89.1%$138M$785,081
FY2022 ⓘ$43M$42M87.6%$130M$785,310
FY2021 ⓘ$42M$39M89.4%$136M$675,979
FY2020 ⓘ$38M$37M88.6%$122M$626,243

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b21 · 20 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5380
  • Volunteers Part I, line 6215

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
FAB MAINTENANCE SERVICES LLC
Cleaning services
$506,446
ATLAS COMPANIES LLC
Custom fence installation and outdoor st
$209,750
LELIO VLEUX
Food/catering service
$177,529
CT TRANSPORTATION SOLUTIONS LLC
Transportation services
$108,506

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

29 private foundations reported grants to Greens Farms Academy totaling $671K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Greens Farms Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Greens Farms Academy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Connecticut

Questions people ask

How much of Greens Farms Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, Greens Farms Academy reported that 89.4% of its $50.0 million in expenses went to program services, 5.4% to management and general and 5.2% to fundraising (Form 990, Part IX).

How much does Greens Farms Academy pay its top executive?

The largest total compensation Greens Farms Academy reported for one person in the fiscal year ending June 30, 2025 was $955,506, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Greens Farms Academy get its money?

Of $53.7 million in revenue in the fiscal year ending June 30, 2025, 16.7% came from contributions and grants and 78.2% from program service revenue (Form 990, Part VIII).

Is Greens Farms Academy a registered charity?

The IRS lists EIN 06-0733693 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611339349306341 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531329349307013 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421349349304667 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349315804 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241319349301129 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349302179 · read the filing

All filings for EIN 06-0733693: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.