BEducationEIN: 201571082· Ruling Year: 2005

Farmington Academy Inc

Avon, Connecticut

B-Health Score
48B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.28×
Peer Median20.77×
💰
$2.0M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$598K
Net Assets
📋
$3.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.4%
Year-over-year change (2023 → 2024)
Net Margin
-6.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.28
Net assets divided by total expenses
Liabilities-to-Assets
84.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$2,037,2935%$2,162,6831%$3,824,0191%
2023$2,152,5007%$2,135,71118%$3,865,289179%
2022$2,015,4629%$1,803,5073%$1,384,2564%
2021$1,857,31514%$1,857,30311%$1,333,0291%
2020$1,635,04910%$1,667,9896%$1,342,72313%
2019$1,815,0409%$1,778,4574%$1,183,7075%
2018$1,661,5939%$1,706,475$1,245,52510%
2017$1,523,24412%$1,698,9848%$1,130,5796%
2016$1,737,07514%$1,836,8738%$1,202,67420%
2015$2,016,40911%$2,006,38717%$1,503,5925%
2014$1,810,13216%$1,714,7799%$1,587,83910%
2013$1,555,8352%$1,568,7335%$1,443,8676%
2012$1,583,8052%$1,642,7613%$1,360,59614%
2011$1,610,590$1,599,438$1,575,881

Frequently Asked Questions

What does Farmington Academy Inc do?

Farmington Academy Inc is a education nonprofit organization based in Connecticut. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Farmington Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Farmington Academy Inc has a score of 48/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Farmington Academy Inc generate?

Farmington Academy Inc reports $2.3M in annual revenue and holds $2.2M in total assets, based on IRS filings.

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