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Ridgefield Academy

Ridgefield, CT · EIN 06-1492527 · 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

Ridgefield Academy reported $23.5 million in revenue and $18.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.98 went to program services, $7.36 to management and general costs and $4.66 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 76.0% of the total. The highest compensation it reported for one person was $544,689 (HEAD OF SCHOOL). 11 people received more than $100,000 in reportable compensation. Revenue rose 64% 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 $19M

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 $23M

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)
88.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
7.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.69$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
5.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
76.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$544,689$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.93%1.28%
People paid over $100,000
Part VII, line 2
118
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.613.3
Independent voting board members
Part VI 1a–1b
17 of 17100.0%

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
$16M expenses · 97.2% of program spending · grants $1.7M · revenue $16M

Instruction and auxiliary services of approximately 550 pre-school and elementary school aged children by approximately 112 qualified instructors

$288K expenses · 1.8% of program spending · revenue $642K

Conducting summer programs

$174K expenses · 1.1% of program spending · revenue $681K

Conducting an after school program for students

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, 50.00 hrs/week
$439,361$0$105,328$544,689
CHIEF FINANCIAL OFFICER
Officer, 50.00 hrs/week
$240,434$0$26,681$267,115
ASSOCIATE HEAD/DIRECTOR OF ADMISSION
Highest compensated employee, 50.00 hrs/week
$198,063$0$15,415$213,478
DIRECTOR OF ADVANCEMENT
Highest compensated employee, 50.00 hrs/week
$192,735$0$252$192,987
ASSOCIATE HEAD/ACADEMICS
Highest compensated employee, 50.00 hrs/week
$168,025$0$15,141$183,166
HEAD OF PRESCHOOL & LOWER SCHOOL
Highest compensated employee, 50.00 hrs/week
$158,265$0$12,528$170,793
HEAD OF MIDDLE AND UPPER SCHOOL
Highest compensated employee, 50.00 hrs/week
$140,857$0$27,912$168,769

11 people received more than $100,000 in reportable compensation from Ridgefield Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $863K (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$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$23M$19M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$23M$19M88.0%$20M$544,689
FY2024 ⓘ$19M$18M88.1%$17M$522,745
FY2023 ⓘ$20M$17M88.4%$14M$527,954
FY2022 ⓘ$17M$16M89.0%$11M$500,204
FY2021 ⓘ$14M$14M88.2%$9.9M$409,377
FY2020 ⓘ$14M$15M88.8%$8.7M$427,966

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–1b17 · 17 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 11aNo
  • 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 14bNo
  • Employees Part I, line 5239
  • Volunteers Part I, line 626

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
GOOD DEAL CLEANING SERVICE LLC
Cleaning services
$277,900
RECINOS CORP
Construction contractor
$254,888
FIRST STUDENT INC
School bus services
$170,235
B D CONTROLLED AIR CORPORATION
Hvac services
$145,460
SYSCO CONNECTICUT LLC
Food distributor
$133,335

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Private foundation grants it received

9 private foundations reported grants to Ridgefield Academy totaling $445K 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 Ridgefield 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 Ridgefield 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 Ridgefield Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, Ridgefield Academy reported that 88.0% of its $18.6 million in expenses went to program services, 7.4% to management and general and 4.7% to fundraising (Form 990, Part IX).

How much does Ridgefield Academy pay its top executive?

The largest total compensation Ridgefield Academy reported for one person in the fiscal year ending June 30, 2025 was $544,689, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ridgefield Academy get its money?

Of $23.5 million in revenue in the fiscal year ending June 30, 2025, 5.3% came from contributions and grants and 76.0% from program service revenue (Form 990, Part VIII).

Is Ridgefield Academy a registered charity?

The IRS lists EIN 06-1492527 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 202640919349300949 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530959349300513 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420959349301217 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330909349300148 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202230619349300723 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120749349300402 · read the filing

All filings for EIN 06-1492527: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.