Civic Intelligence

Nfa Foundation Inc.

990 • Fiscal year 2022 • EIN 22-2678033

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 15, 2023

Organization ProfileWWW.NFAFOUNDATION.ORG
321 BroadwayNorwich, CT 06360-3547

(860) 887-2505

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.06x

Higher debt load relative to assets than 24% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.80x

Higher debt load relative to revenue than 71% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

2nd percentile

-170%

Higher net margin than 2% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$155,547

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

4th percentile

-20%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$77,129,817

Down $19,807,970 (-20%) from 2021

Net Assets

Down

$72,814,987

Down $20,399,773 (-22%) from 2021

Liabilities

Up

$4,314,830

Up $591,803 (+16%) from 2021

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin2nd percentile

Revenue

Up

$5,415,738

Up $632,500 (+13%) from 2021

Expenses

Up

$14,635,807

Up $9,076,501 (+163%) from 2021

Net Income

Down

-$9,220,069

Down $8,444,001 (-1088%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2010: $54,178,709Liabilities 2010: $1,486,613Net Assets 2010: $52,692,0962010Assets 2011: $61,168,068Liabilities 2011: $1,743,997Net Assets 2011: $59,424,0712011Assets 2012: $58,123,209Liabilities 2012: $2,311,641Net Assets 2012: $55,811,5682012Assets 2013: $64,863,605Liabilities 2013: $3,071,812Net Assets 2013: $61,791,7932013Assets 2014: $73,826,236Liabilities 2014: $2,105,544Net Assets 2014: $71,720,6922014Assets 2015: $73,617,753Liabilities 2015: $3,141,867Net Assets 2015: $70,475,8862015Assets 2016: $69,191,690Liabilities 2016: $3,123,938Net Assets 2016: $66,067,7522016Assets 2017: $75,503,020Liabilities 2017: $2,943,874Net Assets 2017: $72,559,1462017Assets 2018: $78,998,657Liabilities 2018: $2,648,856Net Assets 2018: $76,349,8012018Assets 2019: $80,648,346Liabilities 2019: $3,147,675Net Assets 2019: $77,500,6712019Assets 2020: $79,362,336Liabilities 2020: $3,684,545Net Assets 2020: $75,677,7912020Assets 2021: $96,937,787Liabilities 2021: $3,723,027Net Assets 2021: $93,214,7602021Assets 2022: $77,129,817Liabilities 2022: $4,314,830Net Assets 2022: $72,814,9872022Assets 2023: $80,177,189Liabilities 2023: $4,355,404Net Assets 2023: $75,821,7852023Assets 2024: $85,767,761Liabilities 2024: $4,301,012Net Assets 2024: $81,466,7492024Assets 2025: $92,282,022Liabilities 2025: $4,308,709Net Assets 2025: $87,973,3132025

Highlighted filing

2022

Assets$77,129,817
Liabilities$4,314,830
Net Assets$72,814,987
Open 2022 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MExpenses 2010: $1,222,6122010Revenue 2011: $2,332,521Expenses 2011: $5,695,386Net Income 2011: -$3,362,8652011Expenses 2012: $2,250,8122012Expenses 2013: $2,302,8602013Revenue 2014: $3,104,222Expenses 2014: $1,005,003Net Income 2014: $2,099,2192014Revenue 2015: $4,301,628Expenses 2015: $2,650,696Net Income 2015: $1,650,9322015Revenue 2016: $3,102,938Expenses 2016: $3,257,584Net Income 2016: -$154,6462016Revenue 2017: $3,232,826Expenses 2017: $2,746,099Net Income 2017: $486,7272017Revenue 2018: $5,822,986Expenses 2018: $2,325,224Net Income 2018: $3,497,7622018Revenue 2019: $3,263,606Expenses 2019: $3,669,163Net Income 2019: -$405,5572019Revenue 2020: $3,787,771Expenses 2020: $3,939,380Net Income 2020: -$151,6092020Revenue 2021: $4,783,238Expenses 2021: $5,559,306Net Income 2021: -$776,0682021Revenue 2022: $5,415,738Expenses 2022: $14,635,807Net Income 2022: -$9,220,0692022Revenue 2023: $3,730,231Expenses 2023: $3,831,267Net Income 2023: -$101,0362023Revenue 2024: $5,507,209Expenses 2024: $3,870,297Net Income 2024: $1,636,9122024Revenue 2025: $4,600,603Expenses 2025: $3,937,824Net Income 2025: $662,7792025

Highlighted filing

2022

Revenue$5,415,738
Expenses$14,635,807
Net Income-$9,220,069
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 15, 2023
Return Version
2021v4.2
Gross Receipts
$13,510,386
Mission and Program Overview

Mission

The nfa foundation advances opportunities at norwich free academy by soliciting, accepting, and prudently managing donated and endowed funds. The foundation actively builds awareness, engages alumni, nurtures relationships, and develops partnerships to benefit the academy's students, faculty, and staff.

To solicit and receive contributions for the norwich free academy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$71,690,875$58,417,104▼ $13,273,771
Investments Other Securities$15,757,476$15,611,016▼ $146,460
Savings and Temporary Cash Investments$8,433,252$3,049,045▼ $5,384,207
Pledges and Grants Receivable$1,056,184$52,652▼ $1,003,532
Total Assets$96,937,787$77,129,817▼ $19,807,970
Liabilities
Other Liabilities$3,684,470$4,280,021▲ $595,551
Accounts Payable and Accrued Expenses$38,557$34,809▼ $3,748
Total Liabilities$3,723,027$4,314,830▲ $591,803
Net Assets / Fund Balance
Net Assets With Donor Restrictions$56,085,567$52,207,810▼ $3,877,757
Net Assets Without Donor Restrictions$37,129,193$20,607,177▼ $16,522,016
Total Net Assets Fund Balance$93,214,760$72,814,987▼ $20,399,773
Total Liabilities and Net Assets / Fund Balance$96,937,787$77,129,817▼ $19,807,970

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$6,476,665--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$85,275,769$2,634,860▼ $8,245,882$5,412,946$73,851,801
2020$71,179,750$1,976,038▲ $20,657,191$8,241,997$85,275,769
2019$71,976,714$585,484▲ $1,186,650$2,143,579$71,179,750
2018$69,652,097$649,995▲ $3,918,626$1,826,334$71,976,714
2017$66,142,394$1,147,269▲ $4,707,511$1,948,859$69,652,097
Compensation and Service Providers
Top Officer Pay14th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard FreemanDirector, Finance/hrPT$143,151$12,396$155,547
Kathleen MccarthyExecutive DirectorFT$119,747$14,794$134,541

Board Members and Trustees

NameTitle
Todd PostlerPresident
Mark TramontozziVice President
Allyn L Brown IiiDirector
B Michael Rauh JrDirector
Devol S JoynerDirector
Diana BoisclairDirector
Gary CarignanDirector
Keith FontaineDirector
Thomas HammondDirector
Jeffrey BlindermanOutgoing Director
Matthew AmaroOutgoing Secretary
Sarette B WilliamsSecretary as of 11/1/22
Mark D WoodsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,201,184
Program Service Revenue
$0
Investment Income
$3,214,554
Other Revenue
$0
All Other Contributions
$2,201,184
Change in Net Assets
$-9,220,069

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$101,890Fair Market Value (FMV) on Date of Gift
Total Noncash Contributions4$101,890-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$13,721,905
Salaries, Compensation, and Employee Benefits$543,918
Other Expenses$369,984
Total Fundraising Expense$301,677
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$13,010,197--$13,010,197
Grants to Domestic Individuals$711,708--$711,708
Other Salaries and Wages$79,009$92,176$92,176$263,361
Current Officers, Directors, Trustees, and Key Employees$37,634$43,908$43,908$125,450
All Other Expenses$20,500$43,464$43,464$107,428
Other Employee Benefits$23,665$27,609$27,609$78,883
Fees for Services Other$23,641$27,581$27,581$78,803
Fees for Service Investment Mgmnt Fees-$54,264-$54,264
Office Expenses$14,318$16,705$16,705$47,728
Pension Plan Contributions$12,720$14,839$14,839$42,398
Payroll Taxes$10,148$11,839$11,839$33,826
Occupancy$4,260$4,970$4,970$14,200
Fees for Services Accounting$2,415$2,818$2,818$8,051
Fees for Services Legal$1,386$1,617$1,617$4,620
Other Expenses$710$14,151$14,151$710
Total Functional Expenses$13,978,189$355,941$301,677$14,635,807
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Norwich Free AcademyNorwich, CT501(c)(3)Charitable$13,010,197

International Summary

Offices
0
Employees
0
Spending
$8,778,898

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$8,778,898
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$4,280,021
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is provided to the board of directors and reviewed prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Each board member, officer and key employee receives the conflict of interest policy on an annual basis. They are required to sign an acknowledgement that they understand and have complied. Any relationship must be disclosed.”

Form 990, Part VI, Section B, Line 15

“Compensation of the executive director is approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Governing documents are available through the secretary of the state office. Financial statements are provided to the city of norwich, chefa, moody's and standard & poors. Policies can be made available to anyone requesting them. Form 990 is available to the public upon specific request or through irs websites.”

Filing and Contact Details

Filer

Filer Name
Nfa Foundation Inc
EIN
22-2678033
Phone
8608872505
Address
321 BROADWAY, NORWICH, CT 06360-3547

Signing Officer

Name
Richard Freeman
Title
CFO
Phone
8608872505
Signed
2023-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Freeman
Formed
1986
Legal Domicile
Ct
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
26

Preparer

Firm
Cliftonlarsonallen
Address
29 SOUTH MAIN STREET 4TH FLOOR, WEST HARTFORD, CT 06107
Preparer
John Toscano
Phone
8605614000
Supplemental Narrative

Financial Statement Notes

PART III, LINE 1A:

“The corporation owns a museum with collections of paintings, casts, statuary, artifacts and various other items. Collection items acquired either through purchase or donation are not capitalized. Purchases of collection items are recorded as decreases in net assets without donor restrictions if purchased with assets without donor restrictions and as decreases in net assets with donor restrictions if purchased with donor-restricted assets. Contributions of collection items are not recognized in the statement of activities. Proceeds from de-accessions or insurance recoveries are reflected on the consolidated statement of activities based on the absence or existence and nature of donor-imposed restrictions.”

PART III, LINE 4:

“The museum displays and interprets the best examples of fine and decorative art, representing a broad range of world cultures of the americas, asia, europe, and africa. The collections include 18th-20th century american paintings and decorative arts, 17th-19th century european paintings and decorative arts, african and oceanic sculptures, native american objects, and a plaster caste collection of egyptian, archaic, greek, roman and renaissance sculpture.”

PART V, LINE 4:

“The endowment is used for student scholarships as well as for support of programs, a museum and facilities.”

Raw XML AppendixShowing 400 of 634 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2OUTGOING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY AS OF 11/1/22
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR, FINANCE/HR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01282953
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt013721905
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0711708
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0711708
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt013010197
IRS990/GrantsToDomesticOrgsGrp/TotalAmt013010197
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09377601
IRS990/GrossReceiptsAmt013510386
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01931601
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01931601
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt015757476
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt015611016
IRS990/InvestmentsPubTradedSecGrp/BOYAmt071690875
IRS990/InvestmentsPubTradedSecGrp/EOYAmt058417104
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt08094648
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE NFA FOUNDATION IS TO SOLICIT AND RECEIVE CONTRIBUTIONS, GRANTS, AND BEQUESTS FOR THE NORWICH FREE ACADEMY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt093214760
IRS990/NetAssetsOrFundBalancesEOYAmt072814987
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01282953
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01282953
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-11179704
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt037129193
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt020607177
IRS990/NoncashContributionsAmt0101890
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt04970
IRS990/OccupancyGrp/ManagementAndGeneralAmt04970
IRS990/OccupancyGrp/ProgramServicesAmt04260
IRS990/OccupancyGrp/TotalAmt014200
IRS990/OfficeExpensesGrp/FundraisingAmt016705
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016705
IRS990/OfficeExpensesGrp/ProgramServicesAmt014318
IRS990/OfficeExpensesGrp/TotalAmt047728
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt027609
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027609
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023665
IRS990/OtherEmployeeBenefitsGrp/TotalAmt078883
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc3STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/FundraisingAmt014151
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014151
IRS990/OtherExpensesGrp/ProgramServicesAmt012129
IRS990/OtherExpensesGrp/ProgramServicesAmt19179
IRS990/OtherExpensesGrp/ProgramServicesAmt24570
IRS990/OtherExpensesGrp/ProgramServicesAmt3710
IRS990/OtherExpensesGrp/TotalAmt040431
IRS990/OtherExpensesGrp/TotalAmt19179
IRS990/OtherExpensesGrp/TotalAmt24570
IRS990/OtherExpensesGrp/TotalAmt3710
IRS990/OtherLiabilitiesGrp/BOYAmt03684470
IRS990/OtherLiabilitiesGrp/EOYAmt04280021
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt092176
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt092176
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079009
IRS990/OtherSalariesAndWagesGrp/TotalAmt0263361
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt011839
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011839
IRS990/PayrollTaxesGrp/ProgramServicesAmt010148
IRS990/PayrollTaxesGrp/TotalAmt033826
IRS990/PensionPlanContributionsGrp/FundraisingAmt014839
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt014839
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012720
IRS990/PensionPlanContributionsGrp/TotalAmt042398
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01056184
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt052652
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICHARD FREEMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02374201
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04527867
IRS990/PYInvestmentIncomeAmt02409037
IRS990/PYOtherExpensesAmt0536785
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-776068
IRS990/PYSalariesCompEmpBnftPaidAmt0494654
IRS990/PYTotalExpensesAmt05559306
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04783238
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-9220069
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08433252
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03049045
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0NFA FOUNDATION, INC IS A 501(C)(3) ORGANIZATION THAT NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM A GOVERNMENTAL UNIT OR FROM THE GENERAL PUBLIC. THE ORGANIZATION IS ORGANIZED AND OPERATED TO ATTRACT NEW AND ADDITIONAL PUBLIC AND GOVERNMENTAL SUPPORT ON A CONTINUOUS BASIS. THE ORGANIZATION MEETS THE FACTS AND CIRCUMSTANCES TEST UNDER REG. 1.170A-9(F)(3).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SECTION C, LINE 17A, FACTS AND CIRCUMSTANCES TEST:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02201184
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02374201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0840281
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0708305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01355575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07479546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01931601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01378384
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02427656
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02192811
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01987786
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09918238
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.31950
IRS990ScheduleA/PublicSupportPY170Pct00.32430
IRS990ScheduleA/PublicSupportTotal170Amt05558833
IRS990ScheduleA/SubstantialContributorsTotAmt01920713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02201184
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02374201
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0840281
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0708305
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01355575
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07479546
IRS990ScheduleA/TotalSupportAmt017397784
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.34360
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt085275769
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02634860
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt073851801
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0400000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-8245882
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt05412946
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt071179750
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01976038
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt085275769
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0295213
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt020657191
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt08241997
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt071976714
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0585484
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt071179750
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0425519
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01186650
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt02143579
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt069652097

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,129,817
Liabilities
$4,314,830
Net assets
$72,814,987
Revenue
$5,415,738
Expenses
$14,635,807
Net income
-$9,220,069
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$92.3$4.31$88.0$4.60$3.94$0.66
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$85.8$4.30$81.5$5.51$3.87$1.64
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$80.2$4.36$75.8$3.73$3.83$0.10
2022Detailed filing. Detailed filing data is available for this year.$77.1$4.31$72.8$5.42$14.6$9.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$96.9$3.72$93.2$4.78$5.56$0.78
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.4$3.68$75.7$3.79$3.94$0.15
2019Detailed filing. Detailed filing data is available for this year.$80.6$3.15$77.5$3.26$3.67$0.41
2018Detailed filing. Detailed filing data is available for this year.$79.0$2.65$76.3$5.82$2.33$3.50
2017Detailed filing. Detailed filing data is available for this year.$75.5$2.94$72.6$3.23$2.75$0.49
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$69.2$3.12$66.1$3.10$3.26$0.15
2015Detailed filing. Detailed filing data is available for this year.$73.6$3.14$70.5$4.30$2.65$1.65
2014Detailed filing. Detailed filing data is available for this year.$73.8$2.11$71.7$3.10$1.01$2.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.9$3.07$61.8$2.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.1$2.31$55.8$2.25
2011Summary only. Only limited summary data is available for this year.$61.2$1.74$59.4$2.33$5.70$3.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.2$1.49$52.7$1.22