Civic Intelligence

Nfa Foundation Inc.

990 • Fiscal year 2023 • EIN 22-2678033

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 25, 2024

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

23rd percentile

0.05x

Higher debt load relative to assets than 23% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

1.17x

Higher debt load relative to revenue than 76% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

30th percentile

-2.7%

Higher net margin than 30% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

18th percentile

$184,352

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

41st percentile

4.0%

Faster asset growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-31%

Faster revenue growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Assets

Up

$80,177,189

Up $3,047,372 (+4.0%) from 2022

Net Assets

Up

$75,821,785

Up $3,006,798 (+4.1%) from 2022

Liabilities

Up

$4,355,404

Up $40,574 (+0.9%) from 2022

Revenue

Down

$3,730,231

Down $1,685,507 (-31%) from 2022

Expenses

Down

$3,831,267

Down $10,804,540 (-74%) from 2022

Net Income

Up

-$101,036

Up $9,119,033 (+99%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$80,177,189
Liabilities$4,355,404
Net Assets$75,821,785

Operations Trend

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

2023

Revenue$3,730,231
Expenses$3,831,267
Net Income-$101,036
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 25, 2024
Return Version
2022v5.0
Gross Receipts
$7,028,600
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$58,417,104$63,458,808▲ $5,041,704
Investments Other Securities$15,611,016$15,245,784▼ $365,232
Savings and Temporary Cash Investments$3,049,045$1,462,097▼ $1,586,948
Pledges and Grants Receivable$52,652$10,500▼ $42,152
Total Assets$77,129,817$80,177,189▲ $3,047,372
Liabilities
Other Liabilities$4,280,021$4,327,003▲ $46,982
Accounts Payable and Accrued Expenses$34,809$28,401▼ $6,408
Total Liabilities$4,314,830$4,355,404▲ $40,574
Net Assets / Fund Balance
Net Assets With Donor Restrictions$52,207,810$53,531,074▲ $1,323,264
Net Assets Without Donor Restrictions$20,607,177$22,290,711▲ $1,683,534
Total Net Assets Fund Balance$72,814,987$75,821,785▲ $3,006,798
Total Liabilities and Net Assets / Fund Balance$77,129,817$80,177,189▲ $3,047,372

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$5,550,802--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$73,851,801$633,618▲ $5,826,347$2,633,489$77,213,016
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathleen MccarthyExecutive DirectorFT$119,470$46,793$166,263

Board Members and Trustees

NameTitle
Mark TramontozziPresident and Director
Diana BoisclairVice President and Director
Allyn L Brown IiiDirector
B Michael Rauh JrDirector
Devol S JoynerDirector
Keith FontaineDirector
Maria MirnadaDirector
Sarette B WilliamsDirector
Thomas HammondDirector
Todd PostlerDirector
Richard FreemanDirector, Finance/hr
Gary CarignanOutgoing Director
Cheryl RitaccoSecretary and Director
Mark D WoodsTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$900,173
Program Service Revenue
$40,092
Investment Income
$2,787,925
Other Revenue
$2,041
All Other Contributions
$900,173
Change in Net Assets
$-101,036
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,634,315
Salaries, Compensation, and Employee Benefits$621,714
Other Expenses$575,238
Total Fundraising Expense$386,338
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,965,471--$1,965,471
Grants to Domestic Individuals$668,844--$668,844
Other Salaries and Wages$97,503$113,754$113,754$325,011
Current Officers, Directors, Trustees, and Key Employees$52,999$61,831$61,831$176,661
All Other Expenses$27,102$51,551$51,551$130,204
Fees for Services Other$33,826$39,464$39,464$112,754
Occupancy$22,260$25,970$25,970$74,200
Fees for Service Investment Mgmnt Fees-$57,062-$57,062
Pension Plan Contributions$14,277$16,657$16,657$47,591
Other Employee Benefits$11,637$13,577$13,577$38,791
Fees for Services Accounting$10,800$12,600$12,600$36,000
Office Expenses$10,153$11,845$11,845$33,843
Payroll Taxes$10,098$11,781$11,781$33,660
Travel$3,049$3,557$3,557$10,163
Other Expenses$2,625$3,062$3,062$8,749
Fees for Services Legal$1,230$1,435$1,435$4,100
Total Functional Expenses$3,001,529$443,400$386,338$3,831,267
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Norwich Free AcademyNorwich, CT501(c)(3)Charitable$1,965,471

International Summary

Offices
0
Employees
0
Spending
$9,322,897

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$9,322,897
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,125
Fundraising Direct Expenses$17,084
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$14,525$14,525$12,439$2,086
Total Events$14,525$14,525$12,439$2,086
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$4,327,003
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
Yes
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 A, Line 4

Nfa foundation updated the mission statement during the fiscal year ended june 30, 2023.

Form 990, Part VI, Section A, Line 8B

The foundation has no other committees with authority to act on behalf of the governing body.

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. Policies can be made available to anyone requesting them. Form 990 is available to the public upon specific request or through guidestar.org.

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
2024-04-25
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
10
Volunteers
26

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of perpetual trust 16,632.

Part XII, Line 2C

The organization has not changed its oversight policy during the fiscal year ended june 30, 2023.

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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13119746
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
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/ReportableCompFromRltdOrgAmt14140558
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt017084
IRS990/FundraisingGrossIncomeAmt019125
IRS990/GainOrLossGrp/OtherAmt012363
IRS990/GainOrLossGrp/SecuritiesAmt0955061
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt02634315
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0668844
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0668844
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01965471
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01965471
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt012363
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04236346
IRS990/GrossReceiptsAmt07028600
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01820501
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01820501
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt015611016
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt015245784
IRS990/InvestmentsPubTradedSecGrp/BOYAmt058417104
IRS990/InvestmentsPubTradedSecGrp/EOYAmt063458808
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03281285
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt072814987
IRS990/NetAssetsOrFundBalancesEOYAmt075821785
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0967424
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0967424
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt02041
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt02041
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt03091202
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt020607177
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt022290711
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt025970
IRS990/OccupancyGrp/ManagementAndGeneralAmt025970
IRS990/OccupancyGrp/ProgramServicesAmt022260
IRS990/OccupancyGrp/TotalAmt074200
IRS990/OfficeExpensesGrp/FundraisingAmt011845
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011845
IRS990/OfficeExpensesGrp/ProgramServicesAmt010153
IRS990/OfficeExpensesGrp/TotalAmt033843
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt016632
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt013577
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013577
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011637
IRS990/OtherEmployeeBenefitsGrp/TotalAmt038791
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT
IRS990/OtherExpensesGrp/FundraisingAmt019254
IRS990/OtherExpensesGrp/FundraisingAmt13062
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019254
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13062
IRS990/OtherExpensesGrp/ProgramServicesAmt016503
IRS990/OtherExpensesGrp/ProgramServicesAmt133303
IRS990/OtherExpensesGrp/ProgramServicesAmt219849
IRS990/OtherExpensesGrp/ProgramServicesAmt32625
IRS990/OtherExpensesGrp/TotalAmt055011
IRS990/OtherExpensesGrp/TotalAmt133303
IRS990/OtherExpensesGrp/TotalAmt219849
IRS990/OtherExpensesGrp/TotalAmt38749
IRS990/OtherLiabilitiesGrp/BOYAmt04280021
IRS990/OtherLiabilitiesGrp/EOYAmt04327003
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0113754
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0113754
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt097503
IRS990/OtherSalariesAndWagesGrp/TotalAmt0325011
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt011781
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011781
IRS990/PayrollTaxesGrp/ProgramServicesAmt010098
IRS990/PayrollTaxesGrp/TotalAmt033660
IRS990/PensionPlanContributionsGrp/FundraisingAmt016657
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016657
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014277
IRS990/PensionPlanContributionsGrp/TotalAmt047591
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt052652
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010500
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICHARD FREEMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ALUMNI ENGAGEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt040092
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt040092
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02201184
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt013721905
IRS990/PYInvestmentIncomeAmt03214554
IRS990/PYOtherExpensesAmt0369984
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-9220069
IRS990/PYSalariesCompEmpBnftPaidAmt0543918
IRS990/PYTotalExpensesAmt014635807
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05415738
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-101036
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt040092
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03049045
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01462097
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0GROSS INCOME FROM FUNDRAISING - 2022 AMOUNT: $ 19,125.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1NFA 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/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II, SECTION C, LINE 17A, FACTS AND CIRCUMSTANCES TEST:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0900173
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02201184
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02374201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0840281
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0708305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07024144
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01820501
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01931601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01378384
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02427656
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02192811
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09750953
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt040092
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt019125
IRS990ScheduleA/OtherIncome170Grp/TotalAmt019125
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.29530
IRS990ScheduleA/PublicSupportPY170Pct00.31950
IRS990ScheduleA/PublicSupportTotal170Amt04959811
IRS990ScheduleA/SubstantialContributorsTotAmt02064333
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0900173
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02201184
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02374201
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0840281
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0708305
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07024144
IRS990ScheduleA/TotalSupportAmt016794222
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

Document Assets

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Filings

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
2023Detailed filing. Detailed filing data is available for this year.$80.2$4.36$75.8$3.73$3.83$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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