Fairville Friends School Inc
Fairville Friends School: Consistent Revenue, Strong Asset Growth, but Transparency Lacking
EIN: 222769603 · Chadds Ford, PA · Updated: 2026-04-04
Is Fairville Friends School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fairville Friends School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fairville Friends School Inc
Fairville Friends School Inc (EIN: 222769603) is a nonprofit organization based in Chadds Ford, PA. The organization reported total revenue of $1.6M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairville Friends School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fairville Friends School Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Fairville Friends School Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as no specific figures for individual salaries are included in the financial summaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fairville Friends School Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in the provided data makes it challenging to evaluate impact.
- The 'c0%' in the financial filings suggests no specific compensation figures are reported, which could be a red flag for transparency if executive salaries are substantial.
Strengths
The following positive indicators were identified for Fairville Friends School Inc:
- Consistent revenue generation over several years, with 2023 revenue at $1,002,393.
- Significant asset growth, from $1,472,544 in 2016 to $2,282,506 in 2023, indicating financial stability.
- Expenses generally align with revenue, suggesting responsible financial management.
Frequently Asked Questions about Fairville Friends School Inc
Is Fairville Friends School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fairville Friends School Inc (EIN: 222769603) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Fairville Friends School Inc spend its money?
Fairville Friends School Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fairville Friends School Inc tax-deductible?
Fairville Friends School Inc is registered as a tax-exempt nonprofit (EIN: 222769603). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Fairville Friends School Inc do?
Fairville Friends School Inc is a nonprofit organization in the Unknown sector, located in Chadds Ford, Pennsylvania. It is classified under NTEE code Unknown.
How much revenue does Fairville Friends School Inc have?
Fairville Friends School Inc reported total revenue of $1,594,936. Based on 13 IRS 990 filings on record.
What are Fairville Friends School Inc's total assets?
Fairville Friends School Inc holds total assets of $3,264,337 as reported in IRS 990 filings.
Where is Fairville Friends School Inc located?
Fairville Friends School Inc is based in Chadds Ford, Pennsylvania.
What is Fairville Friends School Inc's EIN?
Fairville Friends School Inc's Employer Identification Number (EIN) is 222769603. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Fairville Friends School Inc?
Fairville Friends School Inc is classified under NTEE code Unknown (Unknown).
Is Fairville Friends School Inc a registered 501(c)(3)?
Fairville Friends School Inc appears in IRS records (EIN: 222769603). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Fairville Friends School Inc file IRS Form 990?
Yes, Fairville Friends School Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Fairville Friends School Inc's revenue in 2023?
In the 202308 filing period, Fairville Friends School Inc reported total revenue of $1,002,393, total expenses of $831,688, and net assets of $2,282,506.
Is Fairville Friends School Inc's revenue growing or declining?
Fairville Friends School Inc's revenue is growing. Revenue went from $887,942 (202208) to $1,002,393 (202308), a +12.9% change. Based on 13 filings on record.
What is Fairville Friends School Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Fairville Friends School Inc covers tax period 202308. It shows revenue of $1,002,393, expenses of $831,688, total assets of $2,282,506, and liabilities of $1,083,253.
How much does Fairville Friends School Inc spend on programs vs administration?
Based on IRS 990 analysis, Fairville Friends School Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Fairville Friends School Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Fairville Friends School Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Fairville Friends School Inc?
The following concerns were identified: Lack of detailed program spending breakdown in the provided data makes it challenging to evaluate impact.. The 'c0%' in the financial filings suggests no specific compensation figures are reported, which could be a red flag for transparency if executive salaries are substantial.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Fairville Friends School Inc's strengths?
Positive indicators for Fairville Friends School Inc include: Consistent revenue generation over several years, with 2023 revenue at $1,002,393.. Significant asset growth, from $1,472,544 in 2016 to $2,282,506 in 2023, indicating financial stability.. Expenses generally align with revenue, suggesting responsible financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Fairville Friends School Inc compensate executives?
Executive compensation cannot be assessed from the provided data, as no specific figures for individual salaries are included in the financial summaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific programs or initiatives have contributed most to the school's financial health and mission fulfillment?
Without more detailed program-specific financial data, it's difficult to pinpoint exact drivers. However, the consistent revenue suggests stable enrollment and donor support, while asset growth could indicate successful fundraising for endowments or capital improvements.
How does Fairville Friends School ensure its administrative and fundraising costs remain low while maintaining operational effectiveness and growth?
The provided data doesn't offer a granular breakdown of administrative and fundraising costs. A deeper dive into their operational budget and staffing structure would be needed to understand their efficiency strategies.
Filing History
IRS 990 filing history for Fairville Friends School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fairville Friends School Inc's revenue has grown by 136.2%, moving from $424K to $1.0M. Total assets increased by 62.9% over the same period, from $1.4M to $2.3M. Total functional expenses rose by 82.6%, from $455K to $832K. In its most recent filing year (2023), Fairville Friends School Inc reported a surplus of $171K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $2.3M in assets (debt-to-asset ratio: 47.5%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $832K | $2.3M | $1.1M | — | — |
| 2022 | $888K | $800K | $1.8M | $774K | — | View 990 |
| 2021 | $448K | $466K | $2.2M | $1.3M | — | View 990 |
| 2020 | $755K | $819K | $2.0M | $1.0M | — | — |
| 2019 | $819K | $842K | $2.2M | $1.2M | — | View 990 |
| 2018 | $760K | $770K | $2.2M | $1.2M | — | View 990 |
| 2017 | $774K | $774K | $2.2M | $1.2M | — | View 990 |
| 2016 | $692K | $641K | $1.5M | $415K | — | View 990 |
| 2015 | $649K | $600K | $1.4M | $420K | — | View 990 |
| 2014 | $524K | $578K | $1.4M | $400K | — | View 990 |
| 2013 | $568K | $550K | $1.4M | $381K | — | View 990 |
| 2012 | $493K | $491K | $1.4M | $439K | — | View 990 |
| 2011 | $424K | $455K | $1.4M | $410K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $832K, and assets of $2.3M (revenue +12.9% year-over-year).
- 2022: Revenue of $888K, expenses of $800K, and assets of $1.8M (revenue +98.3% year-over-year).
- 2021: Revenue of $448K, expenses of $466K, and assets of $2.2M (revenue -40.7% year-over-year).
- 2020: Revenue of $755K, expenses of $819K, and assets of $2.0M (revenue -7.9% year-over-year).
- 2019: Revenue of $819K, expenses of $842K, and assets of $2.2M (revenue +7.8% year-over-year).
- 2018: Revenue of $760K, expenses of $770K, and assets of $2.2M (revenue -1.8% year-over-year).
- 2017: Revenue of $774K, expenses of $774K, and assets of $2.2M (revenue +11.8% year-over-year).
- 2016: Revenue of $692K, expenses of $641K, and assets of $1.5M (revenue +6.7% year-over-year).
- 2015: Revenue of $649K, expenses of $600K, and assets of $1.4M (revenue +23.7% year-over-year).
- 2014: Revenue of $524K, expenses of $578K, and assets of $1.4M (revenue -7.7% year-over-year).
- 2013: Revenue of $568K, expenses of $550K, and assets of $1.4M (revenue +15.2% year-over-year).
- 2012: Revenue of $493K, expenses of $491K, and assets of $1.4M (revenue +16.2% year-over-year).
- 2011: Revenue of $424K, expenses of $455K, and assets of $1.4M.
Data Sources and Methodology
This transparency report for Fairville Friends School Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.