CSCharityScored
86

The Forman School Inc

Other · Litchfield, Connecticut

Norfolk Road, Litchfield, CT 06759-0000

EIN: 060646648· Founded: Jan 1935· 91 years active· Filing Year: 2023

Annual Revenue

$24.4M

Total Expenses

$23.8M

Total Assets

$45.5M

Program Spending

86%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.7M

7.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$7.3M

Total Payroll

$9.0M

38% of total expenses

Where the Money Goes

86%
Programs: 86%
Payroll: 38%
Other overhead: 14%
Program Revenue$20.5M (84%)
Total Expenses$23.8M (98%)
Payroll$9.0M (38%)
Overhead (non-program)14%

Trust Score Breakdown

Program Spending Ratio

86% of expenses go to programs

40%

Revenue & Stability

$24.4M annual revenue

15%

Executive Compensation

$1.7M total officer comp (7.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$45.5M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.