James F Farr Academy Inc is a 501(c)(3) organization based in Cambridge, Massachusetts, registered in 1972, with $4,524,554 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$4.5M
▲ 5.0% vs prior year
Expenses (FY2024)
$3.4M
Net assets
$5.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for James F Farr Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For James F Farr Academy Inc: 20 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for James F Farr Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For James F Farr Academy Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $5.9M (FY2013) to $4.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
25.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.7M
Total liabilities
$4.2M
Net assets
$5.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,524,554▲5.0% | $3,369,591▲7.6% | $5,489,767▲32.9% | $9,689,750▲13.8% | 990 |
| 2023 | $4,308,804▲15.4% | $3,132,586▼2.3% | $4,131,828▲48.1% | $8,516,544▲17.1% | 990 |
| 2022 | $3,732,810▼43.3% | $3,205,792▼45.4% | $2,790,767▲29.4% | $7,275,197▲5.2% | 990 |
| 2021 | $6,582,928▼4.7% | $5,868,334▼3.9% | $2,157,171▲20.7% | $6,917,073▼13.1% | 990 |
| 2020 | $6,908,659▼3.8% | $6,107,230▼14.9% | $1,786,637▲97.4% | $7,961,688▲8.0% | 990 |
| 2019 | $7,178,982▲7.7% | $7,176,855▲7.1% | $905,086▼3.0% | $7,368,975▲17.0% | 990 |
| 2018 | $6,668,742▲1.6% | $6,702,971▲1.5% | $932,884▲1.7% | $6,295,710▲1.7% | 990 |
| 2017 | $6,565,631▲4.4% | $6,604,582▲9.7% | $917,210▲3.2% | $6,189,486▲3.4% | 990 |
| 2016 | $6,287,310▲3.5% | $6,022,910▲5.9% | $888,762▲49.2% | $5,988,663▲170% | 990 |
| 2015 | $6,072,120▼6.3% | $5,686,184▼3.1% | $595,666▲171% | $2,220,759▲14.2% | 990 |
| 2014 | $6,477,559▲10.6% | $5,865,729▲5.3% | $219,484▲310% | $1,943,831▼4.8% | 990 |
| 2013 | $5,858,380 | $5,570,792▲12.6% | -$104,281▲80.2% | $2,042,307▲24.6% | 990 |
| 2012 | — | $4,947,161 | -$526,408 | $1,639,689 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to James F Farr Academy Inc totaling $6,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $6,000 |
Explore more
Data for James F Farr Academy Inc (EIN 04-2502446) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.