Public Charity

NFA FOUNDATION INC

NFA FOUNDATION INC is a Public Charity headquartered in NORWICH, CT. Financial data from the 2025 filing: $4.6M revenue, $3.9M expenses, $92.3M total assets. 17 publicly reported grants to this organization, totaling roughly $283K, appear in IRS filings.

EIN: 222678033 NORWICH, CT Latest filing: 2025
Total Revenue$4.6M
Total Expenses$3.9M
Total Assets$92.3M
Grant Records17
Funding Total$283K
Filing Years2021–2025

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.

Officers & Directors

DIRECTOR Allyn L Brown Iii
DIRECTOR (UNTIL 11/24) B Michael Rauh Jr
SECRETARY AND DIRECTOR Cheryl Ritacco
DIRECTOR Daniel King
DIRECTOR Denise Lindell
DIRECTOR Devol S Joyner

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unrestricted
$123,184 4 grants
For grant recipient's exempt purposes
$78,838 7 grants
PUBLIC, SOCIETAL BENEFIT
$40,500 3 grants
HEALTH
$20,000 1 grant
GENERAL SUPPORT
$14,935 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $4.6M $3.9M $92.3M
2024 $5.5M $3.9M $85.8M
2023 $3.7M $3.8M $80.2M
2022 $5.4M $14.6M $77.1M
2021 $4.8M $5.6M $96.9M

Between 2021 and 2025, reported annual revenue declined from $4.8M to $4.6M (-4%), with total assets most recently reported at $92.3M.

Interactive year-over-year charts and full filing details available with membership.

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