B — EducationEIN: 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$2,037,293↓5%$2,162,683↑1%$3,824,019↓1%
2023$2,152,500↑7%$2,135,711↑18%$3,865,289↑179%
2022$2,015,462↑9%$1,803,507↓3%$1,384,256↑4%
2021$1,857,315↑14%$1,857,303↑11%$1,333,029↓1%
2020$1,635,049↓10%$1,667,989↓6%$1,342,723↑13%
2019$1,815,040↑9%$1,778,457↑4%$1,183,707↓5%
2018$1,661,593↑9%$1,706,475$1,245,525↑10%
2017$1,523,244↓12%$1,698,984↓8%$1,130,579↓6%
2016$1,737,075↓14%$1,836,873↓8%$1,202,674↓20%
2015$2,016,409↑11%$2,006,387↑17%$1,503,592↓5%
2014$1,810,132↑16%$1,714,779↑9%$1,587,839↑10%
2013$1,555,835↓2%$1,568,733↓5%$1,443,867↑6%
2012$1,583,805↓2%$1,642,761↑3%$1,360,596↓14%
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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