Friends Academy

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/15/2021. To update the information in this column, please email:


A Quaker school, Friends Academy is firmly committed to the testimonies of simplicity, peace, integrity, community, equality, service, and stewardship. These testimonies, which have guided the school for 140+ years, are evident in every corner of the campus: in classrooms and offices, on fields and stages, in gymnasiums and art studios, and in the Meeting House, where each week we gather for Meeting for Worship - silent, reflective, communal time.

Contact information

Mailing address:
Friends Academy
270 Duck Pond Road
Locust Valley, NY 11560


Phone: 516-676-0393


Organization details

EIN: 111633485

CEO/President: Andrea Kelly

Chairman: Frank Ingrassia

Board size: 15


Ruling year: 1934

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


We take an excellent education and contextualize it with real-world questions, and then equip students with the knowledge and resources to develop real-time solutions. We do all of this with our values at the forefront to guide us through decisions and milestones with intention and discernment.

When a child's entire educational experience is based on a foundation of essential, human values, they develop into open, caring, and confident adults. Our Quaker approach to education is rooted in our core values of simplicity, peace, integrity, community, equity, stewardship, and service.

While these values are historical tenets of Quakerism, at Friends Academy, they are values that are very much present, active, and alive. We don't just teach or learn what's in front us, we dive deeper into the "why."

Mission statement

Our Quaker Mission: At Friends Academy, students are taught that integrity matters in all they do, and that the standards we keep in the classrooms and hallways of our school are indicators of how we'll impact the world.

Statement of faith

Donor confidence score

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Transparency grade


To understand our transparency grade, click here.

Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating914 of 102239 of 40
Fund acquisition rating795 of 102434 of 40
Resource allocation rating990 of 102440 of 40
Asset utilization rating534 of 102222 of 40

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Balance sheet
Receivables, inventories, prepaids$799,669$1,050,955$506,861$608,635$647,029
Short-term investments$68,851,560$62,453,290$61,870,943$58,489,081$49,186,579
Other current assets$0$0$0$0$0
Total current assets$76,331,567$68,018,694$65,374,257$63,584,299$54,520,687
Long-term investments$116,999$209,336$621,209$946,341$4,170,478
Fixed assets$41,454,252$41,508,672$42,746,020$42,093,560$43,216,144
Other long-term assets$2,712$4,653$1,221$3,780$5,940
Total long-term assets$41,573,963$41,722,661$43,368,450$43,043,681$47,392,562
Total assets$117,905,530$109,741,355$108,742,707$106,627,980$101,913,249
Payables and accrued expenses$2,653,763$1,803,204$2,106,702$1,946,857$1,831,278
Other current liabilities$4,173,381$3,233,444$4,338,586$4,777,519$4,684,476
Total current liabilities$6,827,144$5,036,648$6,445,288$6,724,376$6,515,754
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$3,378,363$13,901,534
Total long-term liabilities$9,320,037$9,714,003$10,097,793$13,851,976$24,741,869
Total liabilities$16,147,181$14,750,651$16,543,081$20,576,352$31,257,623
Net assets20212020201920182017
Without donor restrictions$96,167,292$90,373,637$89,054,994$83,186,576$68,026,007
With donor restrictions$5,591,057$4,617,067$3,144,632$2,865,052$2,629,619
Net assets$101,758,349$94,990,704$92,199,626$86,051,628$70,655,626
Revenues and expenses
Total contributions$2,779,270$3,047,511$2,628,916$3,414,420$2,926,096
Program service revenue$26,094,302$26,681,954$27,271,388$26,343,144$25,832,265
Membership dues$0$0$0$0$0
Investment income$1,217,204$1,576,679$1,514,138$1,240,395$2,102,490
Other revenue$320,562$164,327$559,482$303,546$404,976
Total other revenue$27,632,068$28,422,960$29,345,008$27,887,085$28,339,731
Total revenue$30,411,338$31,470,471$31,973,924$31,301,505$31,265,827
Program services$25,585,288$25,347,317$26,926,779$25,643,288$25,421,914
Management and general$12,206,463$3,960,987$3,840,034$3,730,414$4,234,119
Total expenses$38,940,193$30,416,813$31,856,754$30,341,951$30,578,469
Change in net assets20212020201920182017
Surplus (deficit)($8,528,855)$1,053,658$117,170$959,554$687,358
Other changes in net assets$0$0$0$0$0
Total change in net assets($8,528,855)$1,053,658$117,170$959,554$687,358


Andrea KellyHead of School$635,702
Ann Marie TidonaDirector of Finance$346,818
Jenifer HallidayAssistant Head of School$302,442
Mark SchoeffelUpper School Principal$267,350
Ronald BaskindDean of Students$251,376
Kevin BarryDirector of Advancement$211,913
Kevin CrespiDirector of Branding$183,679

Compensation data as of: 6/30/2021

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 9/15/2021. To update the information below, please email:


Program accomplishments