Public Charity

FRIENDS ACADEMY

FRIENDS ACADEMY is a Public Charity headquartered in LOCUST VALLEY, NY. Financial data from the 2025 filing: $35.1M revenue, $38.8M expenses, $125.1M total assets. 48 publicly reported grants to this organization, totaling roughly $1.9M, appear in IRS filings.

EIN: 111633485 LOCUST VALLEY, NY Elementary & Secondary Schools NTEE: B20 Latest filing: 2025
Total Revenue$35.1M
Total Expenses$38.8M
Total Assets$125.1M
Grant Records48
Funding Total$1.9M
Filing Years2021–2025

Mission

GUIDED BY OUR QUAKER PRINCIPLES, FRIENDS ACADEMY EDUCATES OUR STUDENTS TO DISCOVER AND DEVELOP THE BEST OF WHO THEY ARE AND WHO THEY CAN BECOME. WE ACHIEVE EDUCATIONAL EXCELLENCE BY COMMITTING TO THE HIGHEST STANDARDS OF LEARNING AND LIVING. OUR DIVERSE AND WELCOMING COMMUNITY IS STRENGTHENED BY OUR QUAKER VALUES, WHICH EMPOWER OUR STUDENTS TO INQUIRE, REFLECT, AND ENGAGE IN THEIR CLASSROOMS, IN THEIR NEIGHBORHOODS, AND IN THE WORLD. BECAUSE WHEN WE INSPIRE STUDENTS TO LEARN AND LIVE WITH PURPOSE, THEY ACHIEVE GREATNESS WITHOUT SACRIFICING GOODNESS.

Where $100 goes at Friends Academy

How Friends Academy divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$16 Management running the organization
$4 Fundraising raising the next dollar

Inside the $80 for programs

$79
Instruction and student activities - academics
98% of program spending · Reported in the filing: 650 students
$1
Summer program
2% of program spending · Reported in the filing: 30 programs
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
For grant recipient's exempt purposes
$105,477
$41,500
2024
FOR RECIPIENT'S EXEMPT PURPOSE
$27,500
2024
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
$10,000

Showing up to 5 of 48 total records — full history available with membership.

Officers & Directors

SECRETARY Andrew Menzin
DIRECTOR OF FINANCE Ann Marie Tidona
TRUSTEE Carolyn Mott
TRUSTEE Christine Pelletier
PRINCIPAL THRU JUNE 2024 Dorothy Woo
PRESIDENT Frank Ingrassia

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,127,929 29 grants
Education
$755,197 16 grants
Health & Medicine
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $35.1M $38.8M $125.1M
2024 $35.6M $38.0M $116.9M
2023 $33.7M $36.3M $110.5M
2022 $33.6M $33.3M $107.0M
2021 $30.4M $38.9M $117.9M

Between 2021 and 2025, reported annual revenue grew from $30.4M to $35.1M (+15%), with total assets most recently reported at $125.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FRIENDS ACADEMY

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