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Connecticut · Nonprofit

SUFFIELD ACADEMY

SUFFIELD ACADEMY (Connecticut) receives grants from 104 organizations whose IRS filings report $20,490,751 to it, the largest being THE DAMIAL FOUNDATION INC ($6,750,000). 77 of them have funded it in more than one year.

Revenue FY2025
$43M
Funders on record
104
Grants received
$20M
Net assets
$165M
77/104 repeat funderspeak grant-dependency 12%
01What it does

What Suffield Academy does

Mission

Suffield Academy is a coeducational independent secondary school serving a diverse student body of day and boarding students from across the United States and from many foreign counties. The school is grounded in a tradition of academic excellence combined with a strong work ethic; respect for individual differences and a commitment to scholarship guide our curriculum and pedagogy. We engender among our students a sense of responsibility and challenge them to grow in a school community that is both structured and nurturing. We expect our students to emerge from their Suffield experience for a lifetime of learning and active citizenship.

As stated on its FY2025 Form 990.

Programs

  1. Educational Delivery, General/Other: The school provides non-discriminatory education to approximately 400 students, grades 9-12. This education is academic, athletic and social.

    $32,321,038 spentof which $5,762,042 as grants$43,112,233 earned by the program
    100% of program spending
  2. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $32,321,038.

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 ($29M) Expenses 100 ($27M) Net assets 100 ($116M)2018 Revenue 106 ($31M) Expenses 104 ($28M) Net assets 105 ($121M)2019 Revenue 114 ($34M) Expenses 110 ($30M) Net assets 108 ($125M)2020 Revenue 122 ($36M) Expenses 116 ($32M) Net assets 110 ($128M)2021 Revenue 109 ($32M) Expenses 114 ($31M) Net assets 120 ($139M)2022 Revenue 125 ($37M) Expenses 117 ($32M) Net assets 117 ($135M)2023 Revenue 128 ($38M) Expenses 123 ($34M) Net assets 121 ($140M)2024 Revenue 137 ($40M) Expenses 132 ($36M) Net assets 131 ($152M)2025 Revenue 147 ($43M) Expenses 139 ($38M) Net assets 142 ($165M)
'17'18'19'20'21'22'23'24'25
Revenue (147)Expenses (139)Net assets (142)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 2024 to 2025, from $184M to $197M (+7%).

$143M
$150M
$152M
$153M
$166M
$167M
$172M
$184M
$197M
'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

15% of SUFFIELD ACADEMY’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$2.1M
’17
$2.7M
’18
$3.6M
’19
$4.4M
’20
$865k
’21
$4.9M
’22
$3.9M
’23
$4.2M
’24
$5.3M
’25
5.4
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
Listed353537373838373837
Joined·+5+5+0+1+1+1+4+1
No longer listed·53001232
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 25 funders to 43 funders, grant income rose $478k → $3.7M.

22 of 104 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 45% 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 SUFFIELD ACADEMY’s funders (the co-funder graph). Top 30 of 104 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

SUFFIELD ACADEMY leans on a few funders — its largest provides 33% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

45% 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 SUFFIELD ACADEMY.

33%
largest funder
70%
top three
~5
effective funders

Largest funder’s share by year: 2017 42% · 2018 63% · 2019 55% · 2020 21% · 2021 58% · 2022 45% · 2023 40% — 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

47% of SUFFIELD ACADEMY's funders are still giving 3 years after their first grant; 74% 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

SUFFIELD ACADEMY draws 99% of its grant income from funders outside Connecticut, across 20 states in all.

NH
MN
IL
WI
NY
MA
WY
PA
NJ
CT
CA
MO
VA
MD
DE
NC
AL
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $9.3M arriving through sponsors registered in 15 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

SUFFIELD ACADEMY runs a healthier operating margin than half of the 3,794 education nonprofits its size.

Operating margin12% · above the median
Months of reserve5.4mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like SUFFIELD 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 Connecticut

Nationally

05Profile & governance

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

Where the money goes

85% of spending goes to programs.

Program 85%Management 11%Fundraising 4%

Governance

30
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for SUFFIELD 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.

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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 SUFFIELD ACADEMY?
SUFFIELD ACADEMY (Connecticut) receives grants from 104 organizations whose IRS filings report $20,490,751 to it, the largest being THE DAMIAL FOUNDATION INC ($6,750,000). 77 of them have funded it in more than one year.
How many funders does SUFFIELD ACADEMY have?
IRS filings report 104 organizations giving $20,490,751 in grants to SUFFIELD ACADEMY, 77 of which have funded it in more than one year.
Who is the largest funder of SUFFIELD ACADEMY?
THE DAMIAL FOUNDATION INC is the largest funder on record, with $6,750,000 in grants. The full list of funders is on this page.
How can an organization like SUFFIELD ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. 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 Suffield 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 104 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 22, 2026. What this page cannot tell you · view filing