James F Farr Academy Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042502446 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Overview

What is James F Farr Academy Inc?

James F Farr Academy Inc, located at 71 Pearl Street, Cambridge, MA 02139, is a nonprofit organization dedicated to providing educational and support services for individuals with unique academic, behavioral, and emotional needs. With a staff of 112 dedicated professionals, the academy served an average of 24 individuals in fiscal year 2022, focusing on their individual needs to promote growth and success. The academy's mission encompasses a comprehensive approach, focusing on the overall well-being of its students, ensuring they receive the necessary support to thrive in their academic journey.


Official website here: www.farracademy.org

Is James F Farr Academy Inc legitimate?

James F Farr Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. James F Farr Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $601,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,653,578

For more financial information, click here


Official website here: www.farracademy.org

What is the mission statement of James F Farr Academy Inc?

The James F. Farr Academy Inc. is committed to providing educational and support services for individuals with unique academic, behavioral, and emotional needs. Their primary mission is to offer a conducive learning environment that caters to these specific needs, aiming to foster their overall development. The academy serves an average of 24 individuals annually, providing them with the necessary resources and assistance to thrive academically and emotionally. The academy's activities encompass a comprehensive approach, ensuring that each student receives personalized attention and care, enabling them to reach their full potential.


Official website here: www.farracademy.org

Who is the CEO of James F Farr Academy Inc?

Michael T Culhane is the Ceo/President/Treasurer of James F Farr Academy Inc. The CEO's salary of James F Farr Academy Inc is $305,772 and their total compensation is $338,512.


Official website here: www.farracademy.org

What is the revenue of James F Farr Academy Inc?

James F Farr Academy Inc's revenue in 2022 was $6,582,928.


Official website here: www.farracademy.org

Who are the executives of James F Farr Academy Inc and what are their salaries?

The average compensation at James F Farr Academy Inc during 2022 was $29,061. There are 112 employees and 5 volunteers at James F Farr Academy Inc.

Here are 9 key members and their salaries (James F Farr Academy Inc's CEO's salary is $305,772 and their total compensation is $338,512):

    Michael T Culhane (Ceo/President/Treasurer) [Trustee/Director]
  • Compensation: $305,772
  • Related: $0
  • Other: $32,740

    • Michael J Mcgarry (Chief Financial Officer)
  • Compensation: $97,191
  • Related: $0
  • Other: $32,068

    • Jami Langley (Program Director)
  • Compensation: $107,648
  • Related: $0
  • Other: $12,465

    • Kimberly Phillips (Education Coordinator)
  • Compensation: $88,083
  • Related: $0
  • Other: $12,353

    • Bonnie K Culhane (Trustee/Program Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Dicerbo (Trustee/Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Kiley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dean Lucente (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Serino (Trustee/Assistant Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.farracademy.org

    Where can I find the form 990 for James F Farr Academy Inc?

    The James F Farr Academy Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.farracademy.org

    Learn more at the official website: www.farracademy.org

    Mission Statement of James F Farr Academy Inc

    James F Farr Academy Inc is dedicated to providing educational and support services for individuals who have unique academic, behavioral, and emotional needs. This nonprofit organization's mission is to create an inclusive learning environment that caters to the diverse needs of its students, empowering them to reach their full potential. By offering specialized educational programs and support services, the academy aims to help its students overcome challenges and thrive in their educational journey. In a typical year, the academy serves around 24 individuals, providing them with the tools and resources necessary to overcome their challenges and succeed academically.

    Impact

    This information is meant to be a general summary of James F Farr Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    James F Farr Academy Inc's impact lies in its provision of essential educational and support services for individuals with special academic, behavioral, and emotional needs. By operating as a day school catering to this specific demographic, the academy served an average of 24 individuals in fiscal year 2022. Through its mission to support individuals with diverse needs, James F Farr Academy Inc plays a pivotal role in fostering academic growth, addressing behavioral challenges, and supporting emotional well-being in the community, particularly in Cambridge, MA. As a dedicated provider of specialized services, the academy significantly contributes to enhancing the quality of education and support available to individuals with unique requirements.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-819,442
  • Program Service Revenue: $4,420,591
  • Gross Receipts: $7,485,587

    • Assets and Liabilities:
  • Total Assets: $6,917,073
  • Total Liabilities: $4,759,902
  • Net Assets: $2,157,171
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION AND FEES

    Revenue

    $2,436,841

    RESIDENTIAL CARE FEES

    Revenue

    $1,983,750

    Organization Details

    Founding Year

    1972

    Principal Officer

    Michael T Culhane

    Main Address

    71 PEARL STREET, CAMBRIDGE, MA, 02139

    NTEE Category

    Code: B28 - Education

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