2024-11-11T09:07:55-06:00 2024-06-30 042206126 RAPHAEL AND RAPHAEL LLP 165 THORNDIKE STREET SUITE 5001 LOWELL MA 01852 990 2023-07-01 043364089 FARR FOUNDATION INC FARR 6174972620 71 PEARL STREET CAMBRIDGE MA 02139 MICHAEL T CULHANE C.E.O. 6174972620 2024-10-29 1 0 GARRY TODD NICHOL P00697789 6172101230 2023 2024-10-15 13:58:12Z MICHAEL T CULHANE 71 PEARL STREET CAMBRIDGE MA 02139 379974 0 X N/A X 1997 MA PROVIDE FINANCIAL SUPPORT TO JAMES F. FARR ACADEMY, A 501(C)(3) ORGANIZATION THAT PROVIDES EDUCATIONAL AND RESIDENTIAL SERVICES TO CHILDREN AND YOUNG ADULTS WITH EMOTIONAL, BEHAVIORAL AND LEARNING DISABILITIES. 3 3 0 0 0 0 4050 7575 0 0 86922 83100 0 0 90972 90675 3550 7575 0 0 0 0 0 0 0 15685 18256 19235 25831 71737 64844 2247987 2510460 0 0 2247987 2510460 PROVIDE FINANCIAL SUPPORT TO JAMES F. FARR ACADEMY INC., A 501(C)(3) ORGANIZATION AND ITS AFFILIATES THAT PROVIDE EDUCATIONAL AND RESIDENTIAL SERVICES TO CHILDREN AND YOUNG ADULTS WITH EMOTIONAL, BEHAVIORAL AND LEARNING DISABILITIES. 0 0 7575 7575 PROVIDED FINANCIAL SUPPORT TO JAMES F. FARR ACADEMY INC., A 501(C)(3) ORGANIZATON. 7575 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X MICHAEL T CULHANE 6174972620 71 PEARL STREET CAMBRIDGE MA 02139 X ROBERT HUEBSCHER TRUSTEE 0.50 X 0 0 0 MICHAEL T CULHANE C.E.O. AND TREASURER 0.50 X 0 0 0 BONNIE K CULHANE CLERK 0.50 X 0 0 0 0 0 0 0 0 0 0 0 7575 7575 64797 64797 307602 289299 18303 18303 18303 90675 83100 0 0 7575 7575 800 800 17355 17355 101 101 25831 7575 18256 0 28153 27256 2219834 2483204 2247987 2510460 0 0 X 0 0 0 0 0 0 2247987 2510460 2247987 2510460 64844 197629 0 X 0 0 0 X 7275 100 6000 4050 7575 25000 7275 100 6000 4050 7575 25000 25000 44467 30922 28013 47514 64797 215713 240713 0.10390 0.12070 X DUE TO THE COVID-19 PANDEMIC, FUNDRAISING EVENTS WERE SUSPENDED. CONSEQUENTLY, THE ORGANIZATION RECEIVED MINIMAL DONATIONS DURING THIS PERIOD OF TIME. 1 JAMES F FARR ACADEMY INC 71 PEARL STREET CAMBRIDGE MA 02139 042502446 501(C)(3) 7575 0 TO SUPPORT THE ORGANIZATION IN FURTHERANCE OF ITS MISSION TO PROVIDE EDUCATIONAL AND SUPPORT SERVICES FOR INDIVIDUALS WITH SPECIAL ACADEMIC, BEHARIORAL, AND EMOTIONAL NEEDS. PART I, LINE 2: MICHAEL CULHANE, C.E.O. AND TREASURER OF FARR FOUNDATION INC. , ALSO SERVES AS C.E.O. OF THE JAMES F FARR ACADEMY INC., WHICH ALLOWS HIM TO DIRECTLY MONITOR THE USE OF ALL GRANTS RECEIVED BY THE ACADEMY. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL CULHANE (C.E.O./ TREASURER) IS THE SON OF BONNIE K. CULHANE (CLERK). FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S ACCOUNTANT PREPARES FINANCIAL STATEMENTS FOR THE CHARITY, WHICH ARE THEN FORWARDED ALONG TO AN INDEPENDENT ACCOUNTANT FOR TAX RETURN PREPARATION. ANY COMMENTS RESULTING FROM THE INDEPENDENT ACCOUNTANT'S LOOK-OVER ARE DISCUSSED, AND POTENTIALLY INCORPORATED INTO THE FILING, AND A FINAL VERSION OF THE FORM 990 IS THEN MADE AVAILABLE TO THE CEO/ TREASURER FOR REVIEW AND DISCUSSION PRIOR TO FINAL SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY POTENTIAL CONFLICTS OF INTEREST BY OFFICERS AND TRUSTEES OF THE ORGANIZATION THAT COULD ARISE ARE EVALUATED BY THE CEO/ TREASURER OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S TAX RETURN IS MADE AVAILABLE TO THE PUBLIC BY WAY OF WEBSITES OF CERTAIN REGULATORY AGENCIES, WHICH IN TURN PROVIDES FINANCIAL STATEMENTS, CHANGES TO GOVERNING DOCUMENTS AND DISCLOSURE OF CONFLICT OF INTEREST POLICIES.