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Nonprofit · EIN 04-2502446

JAMES F FARR ACADEMY INC

Tax-exempt · CAMBRIDGE, MA 02139

Financials

$3.7M$3.2M2022$4.3M$3.1M2023$4.5M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of JAMES F FARR ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,524,554$3,369,591$1,154,963$9,689,750$4,199,983$5,489,767
June 30, 2024990$4,308,804$3,132,586$1,176,218$8,516,544$4,384,716$4,131,828
June 30, 2023990$3,732,810$3,205,792$527,018$7,275,197$4,484,430$2,790,767
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,295,938
Investment income
$319,926
Other revenue
$908,690

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$368,285
Other salaries and wages
$1,492,980
Salaries, compensation and benefits (total)
$2,337,443
Professional fundraising fees
$0
Legal fees
$38,715
Accounting fees
$24,054
Occupancy
$186,453
Travel
$107,915
Depreciation
$99,853
Program services (functional)
$2,645,720
Management and general (functional)
$723,871

Balance sheet and other

Total assets, start of year
$8,516,544
Total assets, end of year
$9,689,750
Total liabilities, end of year
$4,199,983
Net assets, end of year
$5,489,767
Land, buildings and equipment
$3,297,073
Publicly traded securities
$4,468,801
Net assets without donor restrictions
$5,479,665
Net assets with donor restrictions
$10,102
Gross receipts
$4,524,554
Employees
30
Volunteers
5
Year formed
1972
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL T CULHANECEO/PRES./TREAS./Asst. Clerk
Trustee or director, Officer
40$332,856$27,474
Kimberly A PhillipsProgram Director
Highest-paid employee
40$133,048$8,636
Lisa M DavisController
Highest-paid employee
40$101,867$8,589
Ariel GreenidgeClinician
Highest-paid employee
40$101,153$213
BONNIE K CULHANETRUSTEE/PROGRAM ADVISOR
Trustee or director
1$0$0
DOUGLAS DICERBOClerk/Secretary
Trustee or director, Officer
1$0$0
JOHN KILEYTrustee
Trustee or director
1$0$0
DEAN LUCENTETrustee
Trustee or director
1$0$0
CRAIG LOOMISTrustee (Eff. 09/09/24)
Trustee or director
1$0$0
GREG SUSCOTrustee
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL T CULHANECEO/PRESIDENT/TREASURER
Trustee or director, Officer
40$374,135$24,344
KIMBERLY PHILLIPSEDUCATION COORDINATOR
Highest-paid employee
40$111,885$8,542
TIMOTHY GALLAGHERAssistant Program Director
Highest-paid employee
40$101,246$0
BONNIE K CULHANETrustee/Program Advisor
Trustee or director
1$0$0
DOUGLAS DICERBOTrustee/Clerk
Trustee or director, Officer
1$0$0
JOHN KILEYTrustee
Trustee or director
1$0$0
DEAN LUCENTETrustee
Trustee or director
1$0$0
JOHN SERINOTrustee/Assistant Clerk
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL T CULHANECEO/PRESIDENT/TREASURER
Trustee or director, Officer
40$305,941$31,460
JAMI LANGLEYPROGRAM DIRECTOR
Highest-paid employee
40$126,802$11,536
KIMBERLY PHILLIPSEDUCATION COORDINATOR
Highest-paid employee
40$107,992$12,353
ARIEL GREENIDGECLINICIAN
Highest-paid employee
40$102,836$11,151
TIMOTHY GALLAGHERASSOCIATE PROGRAM DIRECTOR
Highest-paid employee
40$111,121$0
MARY E JOYCEOFFICE MANAGER
Highest-paid employee
40$82,131$27,980
BONNIE K CULHANETRUSTEE/PROGRAM ADVISOR
Trustee or director
1$0$0
DOUGLAS DICERBOTRUSTEE/CLERK
Trustee or director, Officer
1$0$0
JOHN KILEYTRUSTEE
Trustee or director
1$0$0
DEAN LUCENTETRUSTEE
Trustee or director
1$0$0
GREG SUSCOTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
71 PEARL ST, CAMBRIDGE, MA 02139-4043
In care of
% MICHAEL T CULHANE
Principal officer (990 for 2024)
MICHAEL t CULHANE, 71 Pearl Street, Cambridge, MA 02139
Signed the 990
MICHAEL t CULHANE, PRESIDENT
Phone
(617) 492-4922
Return prepared by
WITHUMSMITHBROWNPC

Mission

PROVIDER OF EDUCATIONAL AND SUPPORT SERVICES FOR INDIVIDUALS WITH SPECIAL ACADEMIC, BEHAVIORAL, AND EMOTIONAL NEEDS.

990 for the year ended June 30, 2025

Program accomplishments

  • Farr Academy: A day school for individuals with special academic, behavioral and emotional needs. An average of 27 individuals were served in fiscal year 2025.
    Expenses $2,504,785 · revenue $3,046,085
  • FARR ACADEMY: A SUMMER PROGRAM FOR INDIVIDUALS WITH SPECIAL ACADEMIC, BEHAVIORAL AND EMOTIONAL NEEDS. AN AVERAGE OF 18 INDIVIDUALS WERE SERVED IN FISCAL YEAR 2025.
    Expenses $140,935 · revenue $249,853

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-2502446
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,689,750
Income (IRS master file)
$4,524,554

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,524,554$3,369,591$9,689,750XML
990June 2024$4,308,804$3,132,586$8,516,544XML
990June 2023$3,732,810$3,205,792$7,275,197XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2502446).

Questions about JAMES F FARR ACADEMY INC

What is the EIN of JAMES F FARR ACADEMY INC?
The employer identification number (EIN) of JAMES F FARR ACADEMY INC is 04-2502446.
Is JAMES F FARR ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to JAMES F FARR ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does JAMES F FARR ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of JAMES F FARR ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JAMES F FARR ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of JAMES F FARR ACADEMY INC?
The 990 for the year ended June 30, 2025 names MICHAEL t CULHANE.
Who are the officers and directors of JAMES F FARR ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 10 people; 4 received compensation from the organization, the highest $332,856 (MICHAEL T CULHANE, CEO/PRES./TREAS./Asst. Clerk).
How much revenue does JAMES F FARR ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,524,554, expenses of $3,369,591 and total assets of $9,689,750 at year end.

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