Civic Intelligence

Falmouth Academy Incorporated

990 • Fiscal year 2020 • EIN 04-2620156

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 17, 2020

7 Highfield DriveFalmouth, MA 02540-2345

(508) 457-9696

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.09x

Higher debt load relative to assets than 34% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.24x

Higher debt load relative to revenue than 45% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

51st percentile

4.8%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$307,342

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

31st percentile

1.2%

Faster asset growth than 31% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

6.2%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$21,996,808

Up $258,892 (+1.2%) from 2019

Net Assets

Up

$20,058,248

Up $152,938 (+0.8%) from 2019

Liabilities

Up

$1,938,560

Up $105,954 (+5.8%) from 2019

Revenue

Up

$8,050,117

Up $466,986 (+6.2%) from 2019

Expenses

Up

$7,667,087

Up $155,361 (+2.1%) from 2019

Net Income

Up

$383,030

Up $311,625 (+436%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $15,579,592Liabilities 2011: $1,561,066Net Assets 2011: $14,018,5262011Assets 2012: $16,070,485Liabilities 2012: $1,572,986Net Assets 2012: $14,497,4992012Assets 2013: $17,518,732Liabilities 2013: $1,666,848Net Assets 2013: $15,851,8842013Assets 2014: $18,626,377Liabilities 2014: $1,981,561Net Assets 2014: $16,644,8162014Assets 2015: $18,964,588Liabilities 2015: $1,727,502Net Assets 2015: $17,237,0862015Assets 2016: $19,320,466Liabilities 2016: $1,654,660Net Assets 2016: $17,665,8062016Assets 2017: $22,100,909Liabilities 2017: $2,951,676Net Assets 2017: $19,149,2332017Assets 2018: $21,405,760Liabilities 2018: $1,908,585Net Assets 2018: $19,497,1752018Assets 2019: $21,737,916Liabilities 2019: $1,832,606Net Assets 2019: $19,905,3102019Assets 2020: $21,996,808Liabilities 2020: $1,938,560Net Assets 2020: $20,058,2482020Assets 2021: $24,013,781Liabilities 2021: $1,677,405Net Assets 2021: $22,336,3762021Assets 2022: $23,147,800Liabilities 2022: $1,760,822Net Assets 2022: $21,386,9782022Assets 2023: $24,502,554Liabilities 2023: $1,912,608Net Assets 2023: $22,589,9462023Assets 2024: $25,185,707Liabilities 2024: $1,575,106Net Assets 2024: $23,610,6012024Assets 2025: $26,249,648Liabilities 2025: $1,946,307Net Assets 2025: $24,303,3412025

Highlighted filing

2020

Assets$21,996,808
Liabilities$1,938,560
Net Assets$20,058,248

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $5,377,1892011Expenses 2012: $5,683,0972012Revenue 2013: $6,853,535Expenses 2013: $5,940,651Net Income 2013: $912,8842013Revenue 2014: $6,149,803Expenses 2014: $6,068,097Net Income 2014: $81,7062014Revenue 2015: $6,975,250Expenses 2015: $6,483,821Net Income 2015: $491,4292015Revenue 2016: $7,031,250Expenses 2016: $6,461,401Net Income 2016: $569,8492016Revenue 2017: $7,787,210Expenses 2017: $6,966,511Net Income 2017: $820,6992017Revenue 2018: $6,956,337Expenses 2018: $7,054,548Net Income 2018: -$98,2112018Revenue 2019: $7,583,131Expenses 2019: $7,511,726Net Income 2019: $71,4052019Revenue 2020: $8,050,117Expenses 2020: $7,667,087Net Income 2020: $383,0302020Revenue 2021: $8,898,721Expenses 2021: $8,154,008Net Income 2021: $744,7132021Revenue 2022: $12,778,756Expenses 2022: $8,021,413Net Income 2022: $4,757,3432022Revenue 2023: $9,243,752Expenses 2023: $8,601,608Net Income 2023: $642,1442023Revenue 2024: $8,871,042Expenses 2024: $8,727,631Net Income 2024: $143,4112024Revenue 2025: $9,442,474Expenses 2025: $8,636,688Net Income 2025: $805,7862025

Highlighted filing

2020

Revenue$8,050,117
Expenses$7,667,087
Net Income$383,030
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 17, 2020
Return Version
2019v5.1
Gross Receipts
$8,492,841
Mission and Program Overview

Mission

Harnessing the power of inspired learning in a world-renowned scientific and vibrant artistic community, falmouth academy emboldens each student to take creative and intellectual risks to confidently engage the challenges of our times.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,318,822$10,935,451▼ $383,371
Investments in Publicly Traded Securities$8,342,337$8,085,861▼ $256,476
Savings and Temporary Cash Investments$666,628$1,880,507▲ $1,213,879
Cash and Non-Interest-Bearing Accounts$1,237,515$994,073▼ $243,442
Prepaid Expenses and Deferred Charges$68,366$53,610▼ $14,756
Pledges and Grants Receivable$68,003$26,250▼ $41,753
Accounts Receivable$36,245$21,056▼ $15,189
Total Assets$21,737,916$21,996,808▲ $258,892
Liabilities
Deferred Revenue$1,354,977$1,379,851▲ $24,874
Accounts Payable and Accrued Expenses$477,629$558,709▲ $81,080
Total Liabilities$1,832,606$1,938,560▲ $105,954
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,451,276$15,668,724▲ $217,448
Net Assets With Donor Restrictions$4,454,034$4,389,524▼ $64,510
Total Net Assets Fund Balance$19,905,310$20,058,248▲ $152,938
Total Liabilities and Net Assets / Fund Balance$21,737,916$21,996,808▲ $258,892

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,061,616$4,556,487$14,618,103
Leasehold Improvements$384,166$537,163$921,329
Equipment$163,894$546,467$710,361
Other Land Buildings$75,175$248,567$323,742
Land$250,600-$250,600

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$8,342,337$19,343▲ $161,768$437,633$8,085,815
2018$7,913,107$105,208▲ $554,176$230,154$8,342,337
2017$7,557,014$107,132▲ $564,956$315,995$7,913,107
2016$6,650,774$329,185▲ $781,108$204,053$7,557,014
2015$4,806,742$2,100,390▼ $58,422$197,936$6,650,774
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew GreenHead of SchoolFT$197,228$110,114$307,342
Carmen DisantoDirector of Finance & OperationsFT$116,486$22,081$138,567
Pamela HinkleDirector of DevelopmentFT$105,827$10,030$115,857

Highest Paid Contractors

ContractorServicesLocationCompensation
Cape DestinationsTransportation182 QUEEN ANNE ROAD, Harwich, MA 02645$161,230
Revenue and Support

Revenue Composition

Contributions and Grants
$433,443
Program Service Revenue
$7,095,465
Investment Income
$426,764
Other Revenue
$94,445
All Other Contributions
$311,934
Change in Net Assets
$383,030

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table164$63,174Fair Market Value (FMV) at Donation
Securities Publicly Traded3$14,527Fair Market Value (FMV) at Donation
Total Noncash Contributions167$77,701-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,602,395
Revenue Not Reported on Financial Statements
$1,447,722
Revenue Not Reported on Form 990
$-230,092
Other Revenue Adjustments
$1,422,560
Total Revenue per Audited Statements
$6,372,303
Total Revenue per Form 990
$8,050,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,415,873
Other Expenses$1,828,654
Grants and Similar Amounts Paid$1,422,560
Total Fundraising Expense$348,867
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,928,827$741,339$170,651$2,840,817
Grants to Domestic Individuals$1,422,560--$1,422,560
Current Officers, Directors, Trustees, and Key Employees$49,362$464,302$67,080$580,744
Other Employee Benefits$393,265$144,947$29,341$567,553
Depreciation Depletion$497,150$20,933$5,233$523,316
Payroll Taxes$139,525$77,885$15,508$232,918
Pension Plan Contributions$134,273$48,140$11,428$193,841
All Other Expenses$50,137$110,949$2,697$163,783
Office Expenses$79,373$25,127$43,611$148,111
Travel$133,639--$133,639
Insurance$123,483$5,199$1,300$129,982
Information Technology-$61,768-$61,768
Fees for Services Other-$61,607-$61,607
Occupancy$58,070--$58,070
Other Expenses$54,753$8,074$2,018$54,753
Advertising$41,257--$41,257
Fees for Services Accounting-$26,534-$26,534
Fees for Service Investment Mgmnt Fees-$25,162-$25,162
Fees for Services Legal-$9,860-$9,860
Interest$5,417--$5,417
Total Functional Expenses$5,486,394$1,831,826$348,867$7,667,087

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,667,087
Expenses per Audited Statements$6,219,365
Total Expenses per Audited Statements$6,219,365
Expenses Not Reported on Financial Statements$1,447,722
Other Expense Adjustments$1,422,560
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$74,365
Fundraising Gross Income$46,697
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Auction$147,151$29,842$66,334$-36,492
Annual Concert Fundraiser$21,055$16,855$2,636$14,219
Total Events$168,206$46,697$74,365$-27,668
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Once the form 990 is prepared, it is scheduled for discussion at the next finance committee meeting. The finance committee will review and approve the return for filing. Copies of the form 990 will be made available to the trustees after approval. The form 990 is then signed by the authorized individual.

Form 990, Part VI, Section B, Line 12C

The school's conflict of interest policy applies to all trustees of the board. Each trustee must disclose annually any potential conflicts. The committee of trustees reviews each proposed transaction that might give rise to a conflict. If a conflict is determined to exist, the trustee will disclose all material facts at the board meeting and then leave the meeting while the conflict is discussed and voted upon. The conflict of interest policy has been updated to include officers and key employees for fy21.

Form 990, Part VI, Section B, Line 15A

The board of trustees meets on an annual basis to evaluate the head of school's performance. The board chair, finance chair and executive committee negotiate the compensation for the head of school and an attorney reviews the agreement to make sure the contract does not violate any laws. The deliberation and decisions are documented. This process was last followed in may 2020 to set the compensation for the head of school.

Form 990, Part VI, Section C, Line 19

The organization's documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Falmouth Academy Inc
EIN
04-2620156
Phone
5084579696
Address
7 HIGHFIELD DRIVE, FALMOUTH, MA 02540-2345

Signing Officer

Name
Carmen Disanto
Title
Director of Finance & Operations
Phone
5084579696
Signed
2020-12-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carmen Disanto
Formed
1977
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
18
Employees
113
Volunteers
43

Preparer

Firm
Blum Shapiro & Company Pc
Address
TWO INTERNATIONAL PLACE 22ND FLOOR, BOSTON, MA 02110
Preparer
Laura J Kenney
Phone
6177170831
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The academy's endowment consists of approximately 5 individual funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the board to function as endowment. As required by us generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the board to function as endowment are classified and reported based on the existence or absence of donor-imposed restrictions. The academy has adopted investment and spending policies for endowment assets that attempt to provide a reasonable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets. The endowment assets are invested with an objective of preserving the long-term, real purchasing power of the assets while providing a relatively predictable and growing stream of annual distribution in support of the institution. The endowment is invested in a balanced portfolio of equities and fixed income investments. The academy has a policy of appropriating for distribution, an amount that considers the distribution in relation to the total percentage of the endowment, as well as the long-term expected return on its endowment.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Scholarship aid 1,422,560.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Scholarship aid 1,422,560.

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IRS990/ActivityOrMissionDesc0HARNESSING THE POWER OF INSPIRED LEARNING IN A WORLD-RENOWNED SCIENTIFIC AND VIBRANT ARTISTIC COMMUNITY, FALMOUTH ACADEMY EMBOLDENS EACH STUDENT TO TAKE CREATIVE AND INTELLECTUAL RISKS TO CONFIDENTLY ENGAGE THE CHALLENGES OF OUR TIMES.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/PersonNm0MATTHEW GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm1CARMEN DISANTO
IRS990/Form990PartVIISectionAGrp/PersonNm2PAMELA HINKLE
IRS990/Form990PartVIISectionAGrp/PersonNm3JOAN O HOLDEN
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN HEYL
IRS990/Form990PartVIISectionAGrp/PersonNm5LAURA RYAN SHACHOY
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL G JONES THROUGH 052020
IRS990/Form990PartVIISectionAGrp/PersonNm7SCOTT BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm8SHEILA GIANCOLA
IRS990/Form990PartVIISectionAGrp/PersonNm9MINDY TODD
IRS990/Form990PartVIISectionAGrp/PersonNm10ANDREW BOWEN
IRS990/Form990PartVIISectionAGrp/PersonNm11HENRIK GULMANN
IRS990/Form990PartVIISectionAGrp/PersonNm12ROB MUNIER
IRS990/Form990PartVIISectionAGrp/PersonNm13ANN EGAN
IRS990/Form990PartVIISectionAGrp/PersonNm14ANDREW KINGMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15RUSS LEMCKE THROUGH 052020
IRS990/Form990PartVIISectionAGrp/PersonNm16LINDA BOARDMAN THROUGH 052020
IRS990/Form990PartVIISectionAGrp/PersonNm17NICHOLAS LOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm18BETH COLT
IRS990/Form990PartVIISectionAGrp/PersonNm19MEGAN ENGLISH BRAGA AO 052020
IRS990/Form990PartVIISectionAGrp/PersonNm20JOSEPH VALLE
IRS990/Form990PartVIISectionAGrp/PersonNm21COLLEEN C JOHNS
IRS990/Form990PartVIISectionAGrp/PersonNm22CYNTHIA FELDMANN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0242228
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1116486
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2105827
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIR. OF FINANCE & OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE/BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0121509
IRS990/FundraisingDirectExpensesAmt074365
IRS990/FundraisingGrossIncomeAmt046697
IRS990/GainOrLossGrp/OtherAmt0-5907
IRS990/GainOrLossGrp/SecuritiesAmt0352702
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt01422560
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01422560
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01422560
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0715154
IRS990/GrossReceiptsAmt08492841
IRS990/GrossRentsGrp/RealAmt022954
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt061768
IRS990/InformationTechnologyGrp/TotalAmt061768
IRS990/InsuranceGrp/FundraisingAmt01300
IRS990/InsuranceGrp/ManagementAndGeneralAmt05199
IRS990/InsuranceGrp/ProgramServicesAmt0123483
IRS990/InsuranceGrp/TotalAmt0129982
IRS990/InterestGrp/ProgramServicesAmt05417
IRS990/InterestGrp/TotalAmt05417
IRS990/InvestmentIncomeGrp/ExclusionAmt079969
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt079969
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08342337
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08085861
IRS990/IRPDocumentCnt037
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05888684
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011318822
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010935451
IRS990/LandBldgEquipCostOrOtherBssAmt016824135
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05907
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0362452
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HARNESSING THE POWER OF INSPIRED LEARNING IN A WORLD-RENOWNED SCIENTIFIC AND VIBRANT ARTISTIC COMMUNITY, FALMOUTH ACADEMY EMBOLDENS EACH STUDENT TO TAKE CREATIVE AND INTELLECTUAL RISKS TO CONFIDENTLY ENGAGE THE CHALLENGES OF OUR TIMES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt019905310
IRS990/NetAssetsOrFundBalancesEOYAmt020058248
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0346795
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0346795
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-27668
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-27668
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt022954
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt022954
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-230092
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt015451276
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt015668724
IRS990/NoncashContributionsAmt077701
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt058070
IRS990/OccupancyGrp/TotalAmt058070
IRS990/OfficeExpensesGrp/FundraisingAmt043611
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt025127
IRS990/OfficeExpensesGrp/ProgramServicesAmt079373
IRS990/OfficeExpensesGrp/TotalAmt0148111
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt029341
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0144947
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0393265
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0567553
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SUMMER EXPENSES
IRS990/OtherExpensesGrp/Desc2DEPARTMENTAL EXPENSES
IRS990/OtherExpensesGrp/Desc3INSTRUCTION EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt02018
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08074
IRS990/OtherExpensesGrp/ProgramServicesAmt0191750
IRS990/OtherExpensesGrp/ProgramServicesAmt1104369
IRS990/OtherExpensesGrp/ProgramServicesAmt279184
IRS990/OtherExpensesGrp/ProgramServicesAmt354753
IRS990/OtherExpensesGrp/TotalAmt0201842
IRS990/OtherExpensesGrp/TotalAmt1104369
IRS990/OtherExpensesGrp/TotalAmt279184
IRS990/OtherExpensesGrp/TotalAmt354753
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/BusinessCd1611600
IRS990/OtherRevenueMiscGrp/Desc0INTERNATIONAL STUDENT
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt096803
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12356
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt096803
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12356
IRS990/OtherRevenueTotalAmt099159
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0170651
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0741339
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01928827
IRS990/OtherSalariesAndWagesGrp/TotalAmt02840817
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt015508
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt077885
IRS990/PayrollTaxesGrp/ProgramServicesAmt0139525
IRS990/PayrollTaxesGrp/TotalAmt0232918
IRS990/PensionPlanContributionsGrp/FundraisingAmt011428
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt048140
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0134273
IRS990/PensionPlanContributionsGrp/TotalAmt0193841
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt068003
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt026250
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt068366
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053610
IRS990/PrincipalOfficerNm0CARMEN DISANTO
IRS990/ProfessionalFundraisingInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.2$1.95$24.3$9.44$8.64$0.81
2024Detailed filing. Detailed filing data is available for this year.$25.2$1.58$23.6$8.87$8.73$0.14
2023Detailed filing. Detailed filing data is available for this year.$24.5$1.91$22.6$9.24$8.60$0.64
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.1$1.76$21.4$12.8$8.02$4.76
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$1.68$22.3$8.90$8.15$0.74
2020Detailed filing. Detailed filing data is available for this year.$22.0$1.94$20.1$8.05$7.67$0.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.7$1.83$19.9$7.58$7.51$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.4$1.91$19.5$6.96$7.05$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.1$2.95$19.1$7.79$6.97$0.82
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.3$1.65$17.7$7.03$6.46$0.57
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.0$1.73$17.2$6.98$6.48$0.49
2014Detailed filing. Detailed filing data is available for this year.$18.6$1.98$16.6$6.15$6.07$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$1.67$15.9$6.85$5.94$0.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$1.57$14.5$5.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$1.56$14.0$5.38