New York · Nonprofit
FRIENDS ACADEMY
FRIENDS ACADEMY (New York) receives grants from 68 organizations whose IRS filings report $6,567,436 to it, the largest being ELIZABETH & FRANK INGRASSIA FOUNDATION ($1,417,750). 48 of them have funded it in more than one year.
- Revenue FY2025
- $35M
- Funders on record
- 68
- Grants received
- $6.6M
- Net assets
- $102M
What Friends Academy does
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.
As stated on its FY2025 Form 990.
Programs
Instruction and student activities - academics: as a quaker school, friends endorses the principle that all students have worth and ability, and our academic program provides for each student to find his or her own voice and achieve excellence. Character education: a center piece of our program is community service, one of the essential quaker testimonies. We offer age appropriate service opportunities for all our students as we teach them that individuals can make a difference in the world. College preparation: we are committed to preparing students not only for college, but also for responsible citizenship. To that end, beyond community service, we nurture leadership, civic responsibility, and community especially in terms of equality and diversity. Friends Academy served 650 students during the 2024-2025 school year.
$31,093,924 spentof which $2,694,615 as grants$29,033,621 earned by the program98% of program spendingSummer program: Friends Academy summer camp programs are based on the belief in the unique worth of every child. Program accomplishments include developing each camper's self-confidence as fully as possible by providing a place where children can have fun, make friends, and learn in a safe and friendly environment, implementing an organized program of fun and exciting activities that provide multiple opportunities for campers to learn, succeed, and develop confidence. The summer camp consists of over 30 diverse programs (sports, arts, science, computers, academic and travel) for ages 3-15 yrs.
$500,044 spentof which $28,919 as grants$1,306,205 earned by the program2% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $31,593,968.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $118M to $107M (−9%).
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.
Government-grant reliance: 2017 2% · 2018 1% · 2019 1% · 2020 1% · 2021 1% · 2022 4% · 2023 1% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
7% of FRIENDS ACADEMY’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
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.
Who funds it, year by year
2017 → 2023: the base broadened from 22 funders to 32 funders, grant income rose $424k → $936k.
14 of 68 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% 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 FRIENDS ACADEMY’s funders (the co-funder graph). Top 30 of 68 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
FRIENDS ACADEMY has a broad base — no single funder exceeds 22% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
28% 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 FRIENDS ACADEMY.
Largest funder’s share by year: 2017 45% · 2018 36% · 2019 63% · 2020 70% · 2021 28% · 2022 32% · 2023 26% — 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
60% of FRIENDS ACADEMY's funders are still giving 3 years after their first grant; 71% give in more than one year at all.
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
82% of FRIENDS ACADEMY's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.8M arriving through sponsors registered in 9 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.
Against its field
FRIENDS ACADEMY's funding base is broadening — from 22 funders to 32 as grant income climbed.
this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025
Organizations like FRIENDS ACADEMY
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 New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
57%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for FRIENDS ACADEMY: 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.
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 FRIENDS ACADEMY?
- FRIENDS ACADEMY (New York) receives grants from 68 organizations whose IRS filings report $6,567,436 to it, the largest being ELIZABETH & FRANK INGRASSIA FOUNDATION ($1,417,750). 48 of them have funded it in more than one year.
- How many funders does FRIENDS ACADEMY have?
- IRS filings report 68 organizations giving $6,567,436 in grants to FRIENDS ACADEMY, 48 of which have funded it in more than one year.
- Who is the largest funder of FRIENDS ACADEMY?
- ELIZABETH & FRANK INGRASSIA FOUNDATION is the largest funder on record, with $1,417,750 in grants. The full list of funders is on this page.
- How can an organization like FRIENDS ACADEMY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Friends Academy →
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 68 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