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The Forman School INC

Public charity990-T FY2023
Other · LITCHFIELD, CT · EIN 06-0646648

About

The Forman School is an independent, coeducational college preparatory school for boarding and day students with identified learning differences. Forman develops the whole student so that

Donations are tax-deductible
Category
Other
Employees
179
Volunteers
99

Financial Snapshot

FY ending 2023-06-30
Revenue
$24.4M
Expenses
$23.8M
Assets
$45.5M
Liabilities
$11.2M

Financial history

$24.4M$12.2M$0
1617181920212223
RevenueExpenses
Latest FY2023: $24.4M · Avg: $21.0M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$3.0M
THE FORMAN SCHOOL INC
Your actions

Address

Norfolk Road
Litchfield, CT, 06759-000

Governance

Voting board members17
Independent members17
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

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 %9.4%
Permanent endowment %63.0%
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.
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