Nonpartisan civic infrastructure
AllCiv·Legis1
·

FAY School INC

Public charity990-T FY2023
Other · SOUTHBOROUGH, MA · EIN 04-2103573

About

To nurture each child's potential through a broad, balanced, and challenging program that establishes the foundation for a meaningful life.

Donations are tax-deductible
Category
Other
Employees
273
Volunteers
100

Financial Snapshot

FY ending 2023-06-30
Revenue
$34.2M
Expenses
$32.7M
Assets
$128.9M
Liabilities
$64.9M

Financial history

$34.2M$17.1M$0
1617181920212223
RevenueExpenses
Latest FY2023: $34.2M · Avg: $30.3M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$4.0M
FAY SCHOOL INC
Your actions

Address

48 Main ST
Southborough, MA, 01772-150

Governance

Voting board members21
Independent members21
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %19.8%
Permanent endowment %80.2%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.