Nonprofit · EIN 04-2502446
JAMES F FARR ACADEMY INC
Tax-exempt · CAMBRIDGE, MA 02139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,524,554 | $3,369,591 | $1,154,963 | $9,689,750 | $4,199,983 | $5,489,767 |
| June 30, 2024 | 990 | $4,308,804 | $3,132,586 | $1,176,218 | $8,516,544 | $4,384,716 | $4,131,828 |
| June 30, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL T CULHANE | CEO/PRES./TREAS./Asst. Clerk Trustee or director, Officer | 40 | $332,856 | $27,474 |
| Kimberly A Phillips | Program Director Highest-paid employee | 40 | $133,048 | $8,636 |
| Lisa M Davis | Controller Highest-paid employee | 40 | $101,867 | $8,589 |
| Ariel Greenidge | Clinician Highest-paid employee | 40 | $101,153 | $213 |
| BONNIE K CULHANE | TRUSTEE/PROGRAM ADVISOR Trustee or director | 1 | $0 | $0 |
| DOUGLAS DICERBO | Clerk/Secretary Trustee or director, Officer | 1 | $0 | $0 |
| JOHN KILEY | Trustee Trustee or director | 1 | $0 | $0 |
| DEAN LUCENTE | Trustee Trustee or director | 1 | $0 | $0 |
| CRAIG LOOMIS | Trustee (Eff. 09/09/24) Trustee or director | 1 | $0 | $0 |
| GREG SUSCO | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL T CULHANE | CEO/PRESIDENT/TREASURER Trustee or director, Officer | 40 | $374,135 | $24,344 |
| KIMBERLY PHILLIPS | EDUCATION COORDINATOR Highest-paid employee | 40 | $111,885 | $8,542 |
| TIMOTHY GALLAGHER | Assistant Program Director Highest-paid employee | 40 | $101,246 | $0 |
| BONNIE K CULHANE | Trustee/Program Advisor Trustee or director | 1 | $0 | $0 |
| DOUGLAS DICERBO | Trustee/Clerk Trustee or director, Officer | 1 | $0 | $0 |
| JOHN KILEY | Trustee Trustee or director | 1 | $0 | $0 |
| DEAN LUCENTE | Trustee Trustee or director | 1 | $0 | $0 |
| JOHN SERINO | Trustee/Assistant Clerk Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL T CULHANE | CEO/PRESIDENT/TREASURER Trustee or director, Officer | 40 | $305,941 | $31,460 |
| JAMI LANGLEY | PROGRAM DIRECTOR Highest-paid employee | 40 | $126,802 | $11,536 |
| KIMBERLY PHILLIPS | EDUCATION COORDINATOR Highest-paid employee | 40 | $107,992 | $12,353 |
| ARIEL GREENIDGE | CLINICIAN Highest-paid employee | 40 | $102,836 | $11,151 |
| TIMOTHY GALLAGHER | ASSOCIATE PROGRAM DIRECTOR Highest-paid employee | 40 | $111,121 | $0 |
| MARY E JOYCE | OFFICE MANAGER Highest-paid employee | 40 | $82,131 | $27,980 |
| BONNIE K CULHANE | TRUSTEE/PROGRAM ADVISOR Trustee or director | 1 | $0 | $0 |
| DOUGLAS DICERBO | TRUSTEE/CLERK Trustee or director, Officer | 1 | $0 | $0 |
| JOHN KILEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEAN LUCENTE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREG SUSCO | TRUSTEE 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
- Website
- WWW.FARRACADEMY.ORG
- Return prepared by
- WITHUMSMITHBROWNPC
Mission
PROVIDER OF EDUCATIONAL AND SUPPORT SERVICES FOR INDIVIDUALS WITH SPECIAL ACADEMIC, BEHAVIORAL, AND EMOTIONAL NEEDS.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,524,554 | $3,369,591 | $9,689,750 | XML |
| 990 | June 2024 | $4,308,804 | $3,132,586 | $8,516,544 | XML |
| 990 | June 2023 | $3,732,810 | $3,205,792 | $7,275,197 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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.
Other nonprofits in CAMBRIDGE
- PRESIDENT AND FELLOWS OF HARVARD COLLEGE EIN 04-2103580 · last filed 990-N for 2024
- MASSACHUSETTS INSTITUTE OF TECHNOLOGY EIN 04-2103594 · last filed 990 for 2025
- CHARLES STARK DRAPER LABORATORY INC EIN 04-2505372 · last filed 990 for 2025
- BROAD INSTITUTE INC EIN 26-3428781 · last filed 990 for 2025
- VINFEN CORPORATION EIN 04-2632219 · last filed 990 for 2025
- WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH EIN 06-1043412 · last filed 990 for 2025
- HULT INTERNATIONAL BUSINESS SCHOOL INC EIN 04-3348440 · last filed 990 for 2025
- GATES MEDICAL RESEARCH INSTITUTE EIN 82-1808476 · last filed 990 for 2024