Friends Academy
Friends Academy reported $35.1 million in revenue and $38.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.38 went to program services, $14.33 to management and general costs and $4.29 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.4% of the total. The highest compensation it reported for one person was $797,439 (HEAD OF SCHOOL). 57 people received more than $100,000 in reportable compensation. Revenue rose 11% 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 $39MFor 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 $35MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.68 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $797,439 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.05% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 57 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 31.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 19 of 19 | 100.0% |
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 expenseInstruction and student activities - academics: as a quaker school, friends endorses the principle that all students have worth and ability, and our academic program provides for each student to find his or her own voice and achieve excellence. Character education: a center piece of our program is community service, one of the essential quaker testimonies. We offer age appropriate service opportunities for all our students as we teach them that individuals can make a difference in the world. College preparation: we are committed to preparing students not only for college, but also for…
Summer program: Friends Academy summer camp programs are based on the belief in the unique worth of every child. Program accomplishments include developing each camper's self-confidence as fully as possible by providing a place where children can have fun, make friends, and learn in a safe and friendly environment, implementing an organized program of fun and exciting activities that provide multiple opportunities for campers to learn, succeed, and develop confidence. The summer camp consists of over 30 diverse programs (sports, arts, science, computers, academic and travel) for ages 3-15 yrs
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| HEAD OF SCHOOL Officer, 40.00 hrs/week | $669,707 | $0 | $127,732 | $797,439 |
| ASSISTANT HEAD OF SCHOOL Highest compensated employee, 40.00 hrs/week | $226,271 | $0 | $180,528 | $406,799 |
| DIRECTOR OF FINANCE Officer, 40.00 hrs/week | $335,282 | $0 | $71,440 | $406,722 |
| DIRECTOR OF ADMISSIONS Highest compensated employee, 40.00 hrs/week | $272,386 | $0 | $60,002 | $332,388 |
| PRINCIPAL THRU JUNE 2024 Highest compensated employee, 40.00 hrs/week | $215,634 | $0 | $97,229 | $312,863 |
| DIR. OF FACILITIES Highest compensated employee, 40.00 hrs/week | $224,914 | $0 | $76,106 | $301,020 |
| DIRECTOR OF ADVANCEMENT Highest compensated employee, 40.00 hrs/week | $228,580 | $0 | $68,462 | $297,042 |
57 people received more than $100,000 in reportable compensation from Friends Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b19 · 19 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 50
- Volunteers Part I, line 6215
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| WEST RAC CONTRACTING CORP Construction services | $3,465,170 |
| FLIK INDEPENDENT SCHOOL Food services | $1,603,907 |
| LONG ISLAND DRIVING SCHOOL Driving school services | $378,070 |
| SLAM ARCHITECTS PC Architectural services | $299,524 |
| DYNAMIC AIR CONDITIONING CO Hvac services | $165,690 |
Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Friends 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 Friends Academy, you can publish a response that is linked from this page.
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Of every $100 Friends Academy spent in FY2025, $81.38 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- American Management AssociationNew York, NY · revenue $35M · programs 87.2% · FY2025
- The Ofarrell Charter SchoolsSan Diego, CA · revenue $35M · programs 74.8% · FY2025
- Philadelphia College of Osteopathic Medicine FoundationPhiladelphia, PA · revenue $35M · programs 72.4% · FY2025
- Early Learning Coalition of the Big Bend RegionTallahassee, FL · revenue $35M · programs 95.1% · FY2025
- Voices College-Bound Language AcademiesSan Jose, CA · revenue $35M · programs 81.4% · FY2025
Questions people ask
How much of Friends Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, Friends Academy reported that 81.4% of its $38.8 million in expenses went to program services, 14.3% to management and general and 4.3% to fundraising (Form 990, Part IX).
How much does Friends Academy pay its top executive?
The largest total compensation Friends Academy reported for one person in the fiscal year ending June 30, 2025 was $797,439, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Friends Academy get its money?
Of $35.1 million in revenue in the fiscal year ending June 30, 2025, 7.0% came from contributions and grants (including 0.9% from government grants) and 86.4% from program service revenue (Form 990, Part VIII).
Is Friends Academy a registered charity?
The IRS lists EIN 11-1633485 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 202543219349324119 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202403029349302505 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420439349300412 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340379349300419 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240349349300039 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120549349300027 · read the filing
All filings for EIN 11-1633485: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.