Fryeburg, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Fryeburg Academy, founded in 1792, is a mid-sized nonprofit in the Education sector that reported $27.4M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $24.7M left a modest 10% surplus.
Independent secondary school that serves a widely diverse population of students.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $27,364,576 | $23,433,031 | +0.2% |
| Expenses | $24,669,991 | $22,663,894 | +0.1% |
| Net Income | $2,694,585 | $769,137 | +2.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Christopher Burk | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| John Chandler | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Kendell Clark | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Steven P Cote | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Sheila Duane | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Gerry Durgin | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Heather P Hart | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Kathleen Dekutoski Hunsicker | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Bradford Littlefield | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Gary MacFarlane | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Shannon McKeen | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Andrea Smith Osgood | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Mary Poyner | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Jessica Russell | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Nicola Soares | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Renee Thomas | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Christopher M Gordon | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael H Hill | Vice President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joseph Shaffner | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brenda Thibodeau | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joseph R Manning | Head of School | 40.00 |
Officer
|
$295,800 | $72,058 | $367,858 |
| David Kenney | Dean of Campus Life | 40.00 |
Highest
|
$118,500 | $28,133 | $146,633 |
| Barbara Mazzeo | Finance Director | 40.00 |
Highest
|
$124,500 | $28,325 | $152,825 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $27,364,576 | $24,669,991 | $83,803,444 | $2,694,585 |
| 2024 | $23,433,031 | $22,663,894 | $78,759,256 | $769,137 |
| 2023 | $21,265,735 | $21,224,969 | $75,166,489 | $40,766 |
| 2022 | $18,553,432 | $17,195,283 | $74,039,364 | $1,358,149 |
| 2021 | $20,722,502 | $14,856,229 | $79,323,577 | $5,866,273 |
| 2020 | $15,313,840 | $14,775,359 | $69,957,760 | $538,481 |
| 2019 | $16,253,230 | $14,032,534 | $69,093,451 | $2,220,696 |
| 2018 | $26,040,368 | $14,441,909 | $66,840,833 | $11,598,459 |
Compare Fryeburg Academy with other nonprofits in Maine and across the country.