Friends of New Haven Academy Inc
Nonprofit profile at a glance
- EIN
- 061562361
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- New Haven, CT, USA
- Phone
- 2039468995
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $49,424
- Expenses
- $40,555
- Assets
- $24,126
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Meredith Gavrin (President)
People named in this filing
- Meredith Gavrin (President)
- Marvin Lender (Director)
- Gregory Baldwin (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Engaging in educational activities and activities that aid education including, but not limited to, supporting the public school system in New Haven, Connecticut, and, in particular, supporting the activities of the New Haven Academy, a magnet school operated by the City of New Haven..
What it reported doing in 2024
Friends of New Haven AcademyForm 990-EZ, Part III, Program Service AccomplishmentsThrough New Haven Academy Interdistrict Magnet School Friends of New Haven Academy served 330 students during FYE June 30, 2025: o Purchased office and classroom supplies for 35 faculty and staff. o Purchased classroom library books for use by all students; o Replaced missing textbooks and novels to complete classroom sets for student use in literature classes; o Postage and printing for communications regarding the schools programs and accomplishments; o Student registration fees and purchased textbooks for New Haven Academy students concurrently enrolled at Quinnipiac University and Southern Connecticut State University; o Food for student events and day-long or half-day faculty professional development meetings; o Fees for student activities on an "Advisory Endeavors" field trip day. At least 320 students (including, but not limited to, instruction in rock climbing, martial arts, dance, ceramics, and a community organization run by refugee women); o Paid travel expenses for teacher professional development opportunities; o With the support of a South Central Regional Council of Governments grant, provided supplies and materials for a Physics class to build bicycles; o Provided supplemental materials for classroom use (audiobooks, Spanish language texts, and project materials); o Covered van rental expenses for outings of the student Outdoor Club; o Paid the fees for five musicians for the spring Drama Club musical productiono Purchased materials for the Hispanic Heritage Club and annual family evento Subsidized the purchase of the senior class yearbook in order to make it affordable for allo Paid for a substitute teacher for our part-time Visual Arts teacher for the first month of the school year while he was out of the countryBecause the Friends of New Haven Academy supports the educational program of New Haven Academy, substantially all program expenses could be considered grants.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 100
- Sustainability: 50
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.2%; rating input score 80
- Program expense ratio: 97.8%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 17.9%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -0.2% per year; rating input score 0; 47th percentile among comparable filings
- Revenue growth: -0.4% per year; rating input score 0; 50th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 80.2% of revenue deployed · 97.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $40K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.