Civic Intelligence

Friends Academy

990 • Fiscal year 2019 • EIN 11-1633485

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 27, 2020

270 Duck Pond RoadLocust Valley, NY 11560

(516) 676-0393

Siviq Scores

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

Liabilities / Assets

35th percentile

0.15x

Higher debt load relative to assets than 35% of similar nonprofits.

2019 filings • NTEE B • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

46th percentile

0.52x

Higher debt load relative to revenue than 46% of similar nonprofits.

2019 filings • NTEE B • $100M-$250M nonprofits • Source year 2019

Net Margin

39th percentile

0.4%

Higher net margin than 39% of similar nonprofits.

2019 filings • NTEE B • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

62nd percentile

$496,563

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2019 filings • NTEE B • $100M-$250M nonprofits • Source year 2019

Asset Growth

41st percentile

2.0%

Faster asset growth than 41% of similar nonprofits.

2019 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

40th percentile

2.1%

Faster revenue growth than 40% of similar nonprofits.

2019 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2018 to 2019

Assets

Up

$108,742,707

Up $2,114,727 (+2.0%) from 2018

Net Assets

Up

$92,199,626

Up $6,147,998 (+7.1%) from 2018

Liabilities

Down

$16,543,081

Down $4,033,271 (-20%) from 2018

Revenue

Up

$31,973,924

Up $672,419 (+2.1%) from 2018

Expenses

Up

$31,856,754

Up $1,514,803 (+5.0%) from 2018

Net Income

Down

$117,170

Down $842,384 (-88%) from 2018

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $75,883,747Liabilities 2010: $21,341,452Net Assets 2010: $54,542,2952010Assets 2011: $81,912,795Liabilities 2011: $21,890,460Net Assets 2011: $60,022,3352011Assets 2012: $81,634,582Liabilities 2012: $24,826,611Net Assets 2012: $56,807,9712012Assets 2013: $86,586,106Liabilities 2013: $23,136,250Net Assets 2013: $63,449,8562013Assets 2014: $92,156,705Liabilities 2014: $24,274,390Net Assets 2014: $67,882,3152014Assets 2015: $93,001,260Liabilities 2015: $23,887,532Net Assets 2015: $69,113,7282015Assets 2016: $92,326,389Liabilities 2016: $29,372,577Net Assets 2016: $62,953,8122016Assets 2017: $101,913,249Liabilities 2017: $31,257,623Net Assets 2017: $70,655,6262017Assets 2018: $106,627,980Liabilities 2018: $20,576,352Net Assets 2018: $86,051,6282018Assets 2019: $108,742,707Liabilities 2019: $16,543,081Net Assets 2019: $92,199,6262019Assets 2020: $109,741,355Liabilities 2020: $14,750,651Net Assets 2020: $94,990,7042020Assets 2021: $117,905,530Liabilities 2021: $16,147,181Net Assets 2021: $101,758,3492021Assets 2022: $106,966,643Liabilities 2022: $15,387,898Net Assets 2022: $91,578,7452022Assets 2023: $110,501,779Liabilities 2023: $16,400,088Net Assets 2023: $94,101,6912023Assets 2024: $116,909,317Liabilities 2024: $18,235,245Net Assets 2024: $98,674,0722024Assets 2025: $125,122,795Liabilities 2025: $23,355,321Net Assets 2025: $101,767,4742025

Highlighted filing

2019

Assets$108,742,707
Liabilities$16,543,081
Net Assets$92,199,626

Operations Trend

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

$40M$20M$0-$20MExpenses 2010: $25,830,9932010Expenses 2011: $25,585,0982011Revenue 2012: $26,693,442Expenses 2012: $26,753,994Net Income 2012: -$60,5522012Revenue 2013: $27,794,344Expenses 2013: $27,165,584Net Income 2013: $628,7602013Revenue 2014: $28,983,179Expenses 2014: $28,364,546Net Income 2014: $618,6332014Revenue 2015: $29,507,129Expenses 2015: $28,837,264Net Income 2015: $669,8652015Revenue 2016: $29,821,287Expenses 2016: $29,711,450Net Income 2016: $109,8372016Revenue 2017: $31,265,827Expenses 2017: $30,578,469Net Income 2017: $687,3582017Revenue 2018: $31,301,505Expenses 2018: $30,341,951Net Income 2018: $959,5542018Revenue 2019: $31,973,924Expenses 2019: $31,856,754Net Income 2019: $117,1702019Revenue 2020: $31,470,471Expenses 2020: $30,416,813Net Income 2020: $1,053,6582020Revenue 2021: $30,411,338Expenses 2021: $38,940,193Net Income 2021: -$8,528,8552021Revenue 2022: $33,637,084Expenses 2022: $33,276,246Net Income 2022: $360,8382022Revenue 2023: $33,707,583Expenses 2023: $36,300,239Net Income 2023: -$2,592,6562023Revenue 2024: $35,633,692Expenses 2024: $37,994,599Net Income 2024: -$2,360,9072024Revenue 2025: $35,060,495Expenses 2025: $38,821,389Net Income 2025: -$3,760,8942025

Highlighted filing

2019

Revenue$31,973,924
Expenses$31,856,754
Net Income$117,170
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 27, 2020
Return Version
2018v3.1
Gross Receipts
$34,373,862
Mission and Program Overview

Mission

The school's philosophy is based on the quaker principles of integrity, simplicity, patience, moderation and peaceful resolution of conflict, and a belief that the silence and simple ministry of the "gathered meeting" brings the presence of god into the midst of busy lives. Friends is committed to developing a diverse community whose members value excellence in learning and growth in knowledge and skill, a genuine commitment to service and ethical action, and a realization that every life is to be explored, celebrated and enjoyed in the spirit of the society of friends.

To operate an independent elementary and secondary educational institution.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$58,317,061$61,870,943▲ $3,553,882
Land, Buildings, and Equipment, Net$42,093,560$42,746,020▲ $652,460
Cash and Non-Interest-Bearing Accounts$4,486,583$2,849,029▼ $1,637,554
Investments Other Securities$946,341$621,209▼ $325,132
Accounts Receivable$228,824$226,028▼ $2,796
Prepaid Expenses and Deferred Charges$305,419$217,098▼ $88,321
Savings and Temporary Cash Investments$172,020$147,424▼ $24,596
Pledges and Grants Receivable$54,995$48,372▼ $6,623
Inventories for Sale or Use$19,397$15,363▼ $4,034
Other Notes and Loans Receivable, Net$3,780$1,221▼ $2,559
Total Assets$106,627,980$108,742,707▲ $2,114,727
Liabilities
Tax Exempt Bond Liabilities$10,473,613$10,097,793▼ $375,820
Deferred Revenue$4,777,519$4,338,586▼ $438,933
Other Liabilities$3,378,363$0▼ $3,378,363
Accounts Payable and Accrued Expenses$1,946,857$2,106,702▲ $159,845
Total Liabilities$20,576,352$16,543,081▼ $4,033,271
Net Assets / Fund Balance
Unrestricted Net Assets$83,186,576$89,054,994▲ $5,868,418
Permanently Rstr Net Assets$1,739,799$1,902,472▲ $162,673
Temporarily Rstr Net Assets$1,125,253$1,242,160▲ $116,907
Total Net Assets Fund Balance$86,051,628$92,199,626▲ $6,147,998
Total Liabilities and Net Assets / Fund Balance$106,627,980$108,742,707▲ $2,114,727

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$39,411,616$20,506,818$59,918,434
Equipment$1,306,949$2,740,171$4,047,120
Leasehold Improvements$948,069$1,408,362$2,356,431
Land$961,346-$961,346
Other Land Buildings$118,040-$118,040

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$59,435,422$1,361,925▲ $4,156,187$2,999,975$61,953,559
2017$53,378,344$3,108,402▲ $4,708,676$1,760,000$59,435,422
2016$45,554,378$4,129,137▲ $5,304,829$1,610,000$53,378,344
2015$48,017,528$2,065,061▼ $3,029,211$1,499,000$45,554,378
2014$45,115,410$3,095,623▲ $1,162,495$1,356,000$48,017,528
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrea KellyHead of SchoolFT$373,817$122,746$496,563
Ann Marie TidonaDirector of FinanceFT$264,003$65,247$329,250
Mark SchoeffelUpper School PrincipalFT$174,647$115,661$290,308
Deborah SchomanAssociate Head of SchoolFT$211,587$23,944$235,531
Ron BaskindDirector of Student LifeFT$144,897$90,475$235,372
Nina WaechterDirector of AdmissionFT$144,547$78,569$223,116
Kenneth AmbachDirector of TechnologyFT$135,297$46,194$181,491

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Fms Construction CorpConstruction20 RAILROAD STREET, Huntington Station, NY 11746$1,115,500
Flik Independent School DiningFood ServicesPO BOX 417632, Boston, MA 02241$1,088,801
Loyal Building Services INCCustodial Services41A DEGNON BLVD, Bay Shore, NY 11706$420,989
Monarch Graphics INCGraphics & Printing1065 ISLIP AVENUE, Central Islip, NY 11722$158,096
Huntington Coach CorpTransportation1359 NEW YORK AVE, Huntington Station, NY 11746$148,237
Revenue and Support

Revenue Composition

Contributions and Grants
$2,628,916
Program Service Revenue
$27,271,388
Investment Income
$1,514,138
Other Revenue
$559,482
All Other Contributions
$1,908,305
Change in Net Assets
$117,170

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,831,710
Revenue Not Reported on Financial Statements
$2,142,214
Revenue Not Reported on Form 990
$6,280,756
Other Revenue Adjustments
$2,131,759
Total Revenue per Audited Statements
$36,112,466
Total Revenue per Form 990
$31,973,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$20,466,796
Other Expenses$9,275,692
Grants and Similar Amounts Paid$2,114,266
Total Fundraising Expense$1,089,941
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,279,979$1,088,683$490,793$13,859,455
Other Employee Benefits$3,451,627$414,819$111,630$3,978,076
Grants to Domestic Individuals$2,114,266--$2,114,266
Fees for Services Other$794,672$500,419$219,758$1,514,849
Depreciation Depletion$1,380,994$72,540-$1,453,534
Payroll Taxes$930,354$131,559$36,716$1,098,629
Occupancy$892,227$32,914$10,971$936,112
Current Officers, Directors, Trustees, and Key Employees-$794,571-$794,571
Pension Plan Contributions$649,735$59,781$26,549$736,065
Office Expenses$387,240$215,896$109,127$712,263
Travel$418,790--$418,790
All Other Expenses$403,913--$403,913
Insurance$340,163$18,137$9,911$368,211
Other Expenses$325,998$26,649$5,127$325,998
Information Technology$74,683$237,967-$312,650
Advertising$17,931$120,329$13,776$152,036
Conferences and Meetings$123,603$19,022$6,233$148,858
Fees for Services Accounting-$37,575-$37,575
Fees for Services Legal$11,172--$11,172
Fees for Service Investment Mgmnt Fees-$10,455-$10,455
Total Functional Expenses$26,926,779$3,840,034$1,089,941$31,856,754

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$31,856,754
Total Expenses per Audited Statements$29,964,468
Expenses per Audited Statements$29,714,540
Expenses Not Reported on Financial Statements$2,142,214
Other Expense Adjustments$2,131,759
Expenses Not Reported on Form 990$249,928
International Activity

International Summary

Offices
0
Employees
0
Spending
$621,209

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments---$621,209
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$537,599
Fundraising Direct Expenses$205,171
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction and Dinner$776,027$431,511$62,206$369,305
Fall Fair$77,068$74,024$72,003$2,021
Total Events$885,159$537,599$205,171$332,428
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
BNassau County Local Economic Assistance Corp2016-09-26$6,218,000Construction/acquisition/rehabilitation/improvement
ANassau County Local Economic Assistance Corp2016-09-26$5,647,000Renovation of the middle school

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$6,218,000-$709,444$611,785
A$5,647,000-$372,149$128,137

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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 A, Line 2

Frank ingrassia and elizabeth ingrassia have a family relationship.

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

The board of trustees receive an electronic form of the final 990 before it is filed with the irs. In order to protect the confidentiality of the donors, schedule b is not provided to the trustees. There are no further limitations of the trustees' review. The trustees review the information independently and are asked to direct any questions to the head of the school and director of finance. The 990 is discussed at a board meeting.

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

The academy monitors and enforces a conflict of interest policy. The policy clearly identifies areas of potential conflict, review procedures, and disclosure responsibilities. The policy is reviewed annually and each trustee and officer is required to sign an annual conflict of interest disclosure form. The policy clearly states that where a potential conflict of interest exists, it shall be the responsibility of the person involved to notify the board of trustees of the guidance and take appropriate action. An officer or trustee who has a potential conflict of interest in a decision-making process shall recuse himself or herself from the decision-making process.

Form 990, Part VI, Section B, Line 15

The committee on compensation and conflicts consisting of board members who have no conflicts of interest determine the compensation of the head of school, the school's chief executive officer. Reasonable compensation is determined based upon performance and comparison to comparable institutions. Comparable institutions include relevant benchmarks from the national association of independent schools (nais), participation in the independent school data exchange (index) and other relevant data. The head of school determines the compensation for all other key administrators based on the same benchmarks used to determine the head of school's compensation. The committee on compensation and conflicts receives a report on the salaries for all key administrators of the school and reviews it to confirm reasonable compensation. The aforementioned process was completed in 2018 for 2019 salaries.

Form 990, Part VI, Section C, Line 19

The school makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is also posted on guidestar.org and other similar types of websites. In addition, the form 1023, financial statements, conflict of interest policy, articles of incorporation, and by-laws are also available upon written request or by calling the organization directly.

Filing and Contact Details

Filer

Filer Name
Friends Academy
EIN
11-1633485
Phone
5166760393
Address
270 DUCK POND ROAD, LOCUST VALLEY, NY 11560

Signing Officer

Name
Ann Marie Tidona
Title
Director of Finance
Phone
5166760393
Signed
2020-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Marie Tidona
Formed
1877
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
372
Volunteers
215

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Postretirement medical benefits plan adjustment 3,378,363.

FORM 990, PART XII, LINE 2C:

The organization has a committee that is responsible for the oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

Friends academy's endowment consists of several donor-restricted endowment funds established for faculty salaries, professional development and student scholarships.

PART X, LINE 2:

Friends academy recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that friends academy had no uncertain tax positions that would require financial statement recognition or disclosure. Friends academy is no longer subject to examinations by the applicable taxing jurisdictions for years prior to june 30, 2016.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Postretirement medical benefits plan adjustment 3,378,363. Special event expenses reported on part viii, line 8b 205,171. Rental expense reported on part viii, line 6b 44,757.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Financial aid reported on part ix, line 2 2,114,266. Credit card processing fees reclass 17,493.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses reported on part viii, line 8b 205,171. Rental expense reported on part viii, line 6b 44,757.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Financial aid reported on part ix, line 2 2,114,266. Credit card processing fees reclass 17,493.

Raw XML AppendixShowing 400 of 960 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0INSTRUCTION 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 RESPONSIBLE CITIZENSHIP. TO THAT END, BEYOND COMMUNITY SERVICE, WE NURTURE LEADERSHIP, CIVIC RESPONSIBILITY, AND COMMUNITY ESPECIALLY IN TERMS OF EQUALITY AND DIVERSITY. FRIENDS ACADEMY SERVED 750 STUDENTS DURING THE 2018-2019 SCHOOL YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0372
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt026329076
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt037575
IRS990/FeesForServicesAccountingGrp/TotalAmt037575
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt011172
IRS990/FeesForServicesLegalGrp/TotalAmt011172
IRS990/FeesForServicesOtherGrp/FundraisingAmt0219758
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0500419
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0794672
IRS990/FeesForServicesOtherGrp/TotalAmt01514849
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt010455
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt010455
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1664634
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1722639
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt18115291
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1989594
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2078284
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2145930
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IRS990/Form990PartVIISectionAGrp/PersonNm1ROBIN WACHTLER
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDREW MENZIN
IRS990/Form990PartVIISectionAGrp/PersonNm3FRANK INGRASSIA
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL BRODER
IRS990/Form990PartVIISectionAGrp/PersonNm5ISOBEL COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID GELFAND
IRS990/Form990PartVIISectionAGrp/PersonNm7GREGORY HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm8ELIZABETH INGRASSIA
IRS990/Form990PartVIISectionAGrp/PersonNm9GREGORY JASKE
IRS990/Form990PartVIISectionAGrp/PersonNm10JEANNINE LOSTRITTO
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSEPH PODBELA
IRS990/Form990PartVIISectionAGrp/PersonNm12ROBERT ROSENBAUM
IRS990/Form990PartVIISectionAGrp/PersonNm13GEORGE TSUNIS
IRS990/Form990PartVIISectionAGrp/PersonNm14CRAIG WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm15ANDREA KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm16ANN MARIE TIDONA
IRS990/Form990PartVIISectionAGrp/PersonNm17DEBORAH SCHOMAN
IRS990/Form990PartVIISectionAGrp/PersonNm18MARK SCHOEFFEL
IRS990/Form990PartVIISectionAGrp/PersonNm19RON BASKIND
IRS990/Form990PartVIISectionAGrp/PersonNm20NINA WAECHTER
IRS990/Form990PartVIISectionAGrp/PersonNm21KENNETH AMBACH
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17212892
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18175017
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19145778
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20144832
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21135561
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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 (THRU 08/2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASSOCIATE HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt18UPPER SCHOOL PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF STUDENT LIFE
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF ADMISSION
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR OF TECHNOLOGY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01877
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0347560
IRS990/FundraisingDirectExpensesAmt0205171
IRS990/FundraisingGrossIncomeAmt0537599
IRS990/GainOrLossGrp/SecuritiesAmt049990
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0373051
IRS990/GrantAmt01767290
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02114266
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02114266
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02200000
IRS990/GrossReceiptsAmt034373862
IRS990/GrossRentsGrp/RealAmt0270198
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt032
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0237967
IRS990/InformationTechnologyGrp/ProgramServicesAmt074683
IRS990/InformationTechnologyGrp/TotalAmt0312650
IRS990/InsuranceGrp/FundraisingAmt09911
IRS990/InsuranceGrp/ManagementAndGeneralAmt018137
IRS990/InsuranceGrp/ProgramServicesAmt0340163
IRS990/InsuranceGrp/TotalAmt0368211
IRS990/InventoriesForSaleOrUseGrp/BOYAmt019397
IRS990/InventoriesForSaleOrUseGrp/EOYAmt015363
IRS990/InvestmentIncomeGrp/ExclusionAmt01464148
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01464148
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0946341
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0621209
IRS990/InvestmentsPubTradedSecGrp/BOYAmt058317061
IRS990/InvestmentsPubTradedSecGrp/EOYAmt061870943
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt050
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024655351
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt042746020
IRS990/LandBldgEquipCostOrOtherBssAmt067401371
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02150010
IRS990/LessRentalExpensesGrp/RealAmt044757
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SCHOOL'S PHILOSOPHY IS BASED ON THE QUAKER PRINCIPAL OF INTEGRITY, SIMPLICITY, PATIENCE, MODERATION, AND PEACEFUL RESOLUTION OF CONFLICT, AND A BELIEF THAT THE SILENCE AND SIMPLE MINISTRY OF THE "GATHERED MEETING" BRINGS THE PRESENCE OF GOD INTO THE MIDST OF BUSY LIVES. FRIENDS ACADEMY IS COMMITTED TO DEVELOPING A DIVERSE COMMUNITY WHOSE MEMBERS VALUE EXCELLENCE IN LEARNING AND GROWTH IN KNOWLEDGE AND SKILL, A GENUINE COMMITMENT TO SERVICE AND ETHICAL ACTION, AND A REALIZATION THAT EVERY LIFE IS TO BE EXPLORED, CELEBRATED AND ENJOYED IN THE SPIRIT OF THE SOCIETY OF FRIENDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt086051628
IRS990/NetAssetsOrFundBalancesEOYAmt092199626
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt049990
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt049990
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0332428
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0332428
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0225441
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0225441
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02652465
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt010971
IRS990/OccupancyGrp/ManagementAndGeneralAmt032914
IRS990/OccupancyGrp/ProgramServicesAmt0892227
IRS990/OccupancyGrp/TotalAmt0936112
IRS990/OfficeExpensesGrp/FundraisingAmt0109127
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0215896
IRS990/OfficeExpensesGrp/ProgramServicesAmt0387240
IRS990/OfficeExpensesGrp/TotalAmt0712263
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt03378363
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0111630
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0414819
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03451627
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03978076
IRS990/OtherExpensesGrp/Desc0STUDENT FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1CLASSROOM INSTRUCTIONS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TRAINING AND DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt049350
IRS990/OtherExpensesGrp/FundraisingAmt15127
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt058718
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt126649
IRS990/OtherExpensesGrp/ProgramServicesAmt01010271
IRS990/OtherExpensesGrp/ProgramServicesAmt1684692
IRS990/OtherExpensesGrp/ProgramServicesAmt2634469
IRS990/OtherExpensesGrp/ProgramServicesAmt3325998
IRS990/OtherExpensesGrp/TotalAmt01118339
IRS990/OtherExpensesGrp/TotalAmt1684692
IRS990/OtherExpensesGrp/TotalAmt2666245
IRS990/OtherExpensesGrp/TotalAmt3325998

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$125$23.4$102$35.1$38.8$3.76
2024Detailed filing. Detailed filing data is available for this year.$117$18.2$98.7$35.6$38.0$2.36
2023Detailed filing. Detailed filing data is available for this year.$111$16.4$94.1$33.7$36.3$2.59
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$107$15.4$91.6$33.6$33.3$0.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$118$16.1$102$30.4$38.9$8.53
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$110$14.8$95.0$31.5$30.4$1.05
2019Detailed filing. Detailed filing data is available for this year.$109$16.5$92.2$32.0$31.9$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$107$20.6$86.1$31.3$30.3$0.96
2017Detailed filing. Detailed filing data is available for this year.$102$31.3$70.7$31.3$30.6$0.69
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$92.3$29.4$63.0$29.8$29.7$0.11
2015Detailed filing. Detailed filing data is available for this year.$93.0$23.9$69.1$29.5$28.8$0.67
2014Detailed filing. Detailed filing data is available for this year.$92.2$24.3$67.9$29.0$28.4$0.62
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.6$23.1$63.4$27.8$27.2$0.63
2012Summary only. Only limited summary data is available for this year.$81.6$24.8$56.8$26.7$26.8$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.9$21.9$60.0$25.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.9$21.3$54.5$25.8