Norwich Free Academy

Organization Overview

Norwich Free Academy is located in Norwich, CT. The organization was established in 1934. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Norwich Free Academy employed 474 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norwich Free Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Norwich Free Academy generated $37.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $39.8m during the year ending 06/2020. While expenses have increased by 0.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SECONDARY EDUCATION FOR HIGH SCHOOL STUDENTS IN THE CITY OF NORWICH AND THE NINE SURROUNDING TOWNS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED SECONDARY EDUCATION (GRADE 9-12) FOR THE CITY OF NORWICH AND NINE SURROUNDING TOWNS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Horizon Services Corporation
Facility Management
$931,187
Chartwells
Cafeteria Services
$640,633
Ricoh Usa Inc
Digital Printing Services
$264,272
Fred C Church Inc
Broker
$116,242
Northeast Student Consulting Llc
Consulting Services
$111,785
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$3,093,958
Investment income $119,004
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $73,200
Net Gain/Loss on Asset Sales -$2,488
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,532,143

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Norwich Free Academy has recieved totaling $171,357.

Awarding OrganizationAmount
Johnson Fe Trust Uw Article 3rd

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$171,357
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$71,179,750
Earnings$20,657,191
Net Contributions$1,976,038
Other Expense$8,241,997
Grants$295,213
Ending Balance$85,275,769

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$50,710,312
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$52,388,614
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$44,795,541
Middlesex School
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$51,739,388
Trustees Of Thayer Academy
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$74,068,471

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