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Massachusetts · Nonprofit

CODMAN ACADEMY FOUNDATION INC

CODMAN ACADEMY FOUNDATION INC (Massachusetts) receives grants from 52 organizations whose IRS filings report $3,653,385 to it, the largest being NETWORK FOR GOOD ($519,725). 31 of them have funded it in more than one year.

Revenue FY2025
$1.1M
Funders on record
52
Grants received
$3.7M
Net assets
$15M
31/52 repeat funderspeak grant-dependency 59%
01What it does

What Codman Academy Foundation Inc does

Mission

To support the mission of the codman academy charter public school.

As stated on its FY2025 Form 990.

Program

  1. To promote the financial well-being of the codman academy charter public school and to support various student enrichment activities.

    $665,316 spentof which $242,111 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $665,316.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.9M) Expenses 100 ($492k) Net assets 100 ($10M)2018 Revenue 72 ($1.4M) Expenses 108 ($533k) Net assets 108 ($11M)2019 Revenue 65 ($1.2M) Expenses 123 ($606k) Net assets 115 ($12M)2020 Revenue 52 ($1.0M) Expenses 111 ($544k) Net assets 119 ($12M)2021 Revenue 46 ($876k) Expenses 72 ($354k) Net assets 124 ($13M)2022 Revenue 68 ($1.3M) Expenses 219 ($1.1M) Net assets 98 ($9.9M)2023 Revenue 58 ($1.1M) Expenses 229 ($1.1M) Net assets 150 ($15M)2024 Revenue 68 ($1.3M) Expenses 153 ($750k) Net assets 157 ($16M)2025 Revenue 59 ($1.1M) Expenses 141 ($691k) Net assets 147 ($15M)
'17'18'19'20'21'22'23'24'25
Revenue (59)Expenses (141)Net assets (147)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $21M to $29M (+36%).

$17M
$17M
$16M
$16M
$17M
$21M
$29M
$29M
$24M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 2% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

64% of CODMAN ACADEMY FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$1.4M
’17
$854k
’18
$642k
’19
$461k
’20
$522k
’21
$234k
’22
−$11k
’23
$558k
’24
$440k
’25
80
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed192223171622212019
Joined·+7+6+2+1+8+8+1+1
No longer listed·45822922
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 15 funders to 17 funders, grant income fell $612k → $278k.

13 of 52 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 50% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CODMAN ACADEMY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 52 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CODMAN ACADEMY FOUNDATION INC has a broad base — no single funder exceeds 14% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

62% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CODMAN ACADEMY FOUNDATION INC.

14%
largest funder
40%
top three
~13
effective funders

Largest funder’s share by year: 2017 34% · 2018 16% · 2019 28% · 2020 19% · 2021 19% · 2022 31% · 2023 27% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

55% of CODMAN ACADEMY FOUNDATION INC's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

66% of CODMAN ACADEMY FOUNDATION INC's grant income comes from Massachusetts funders.

IL
NY
MA
IN
PA
DE
TN
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $1.8M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CODMAN ACADEMY FOUNDATION INC runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin39% · top quartile
Months of reserve80.2mo · top quartile
Revenue growth (annualized)−6% · bottom quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like CODMAN ACADEMY FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

18
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 1 related entity

  • Codman Academy Charter Public School · exempt

Screen this organization

A dated, signed PDF of the compliance screen for CODMAN ACADEMY FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CODMAN ACADEMY FOUNDATION INC?
CODMAN ACADEMY FOUNDATION INC (Massachusetts) receives grants from 52 organizations whose IRS filings report $3,653,385 to it, the largest being NETWORK FOR GOOD ($519,725). 31 of them have funded it in more than one year.
How many funders does CODMAN ACADEMY FOUNDATION INC have?
IRS filings report 52 organizations giving $3,653,385 in grants to CODMAN ACADEMY FOUNDATION INC, 31 of which have funded it in more than one year.
Who is the largest funder of CODMAN ACADEMY FOUNDATION INC?
NETWORK FOR GOOD is the largest funder on record, with $519,725 in grants. The full list of funders is on this page.
How can an organization like CODMAN ACADEMY FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 52 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing