B — EducationEIN: 042103573· Ruling Year: 1924

Fay School Inc

Southborough, Massachusetts

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.95×
Peer Median9.48×
💰
$34.2M
Total Revenue
📊
$32.7M
Total Expenses
🏦
$64.0M
Net Assets
📋
$64.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.4%
Year-over-year change (2022 → 2023)
Net Margin
+4.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.95
Net assets divided by total expenses
Liabilities-to-Assets
50.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$34,224,651↑4%$32,744,817↑10%$128,851,326
2022$32,779,683$29,761,079↑5%$128,787,216↓3%
2021$32,644,090↑17%$28,436,910↓5%$132,674,309↑24%
2020$28,014,225↓6%$29,980,893$107,158,040↓5%
2019$29,894,835↑2%$29,851,163↑3%$112,743,659
2018$29,237,635↓2%$28,919,295↑3%$112,791,352↑2%
2017$29,925,001↑16%$28,077,568↑3%$110,458,842↑2%
2016$25,721,163↓1%$27,274,354↑6%$108,796,442↓3%
2015$25,977,467↑9%$25,837,019↑4%$112,546,402↓3%
2014$23,879,373↑3%$24,753,693↑3%$115,613,611↑4%
2013$23,191,194↑13%$23,988,963↑8%$111,153,504↑2%
2012$20,470,945↑7%$22,161,130$109,248,996↓4%
2011$19,120,829$22,251,238$113,788,930

Frequently Asked Questions

What does Fay School Inc do?▼

Fay School Inc is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Fay School Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Fay School Inc has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Fay School Inc generate?▼

Fay School Inc reports $38.9M in annual revenue and holds $133.0M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in Massachusetts.