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Norwich Free Academy

Public charityFed auditsIRS 990990-T FY2023
Other · NORWICH, CT · EIN 06-0762783

About

To provide secondary education (grades 9-12) for the city of norwich and the eight surrounding towns.

Donations are tax-deductible
Category
Other
Employees
499
Volunteers
12

Financial Snapshot

FY ending 2024-06-30
Revenue
$39.9M
Expenses
$42.2M
Assets
$46.2M
Liabilities
$6.6M

Financial history

$48.5M$24.2M$0
1718192021222324
RevenueExpenses
Latest FY2024: $39.9M · Peak FY2022: $48.5M · Avg: $40.3M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
—
Lobbying
$30K
Grants Given
—
NORWICH FREE ACADEMY
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Address

305 Broadway
Norwich, CT, 06360-354

Governance

Voting board members12
Independent members12
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionYes

Financial detail (Schedule D)

Board-designated %33.9%
Permanent endowment %66.1%
Endowment held by related orgYes
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 ↗
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