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Filing year 2023

FORMAN SCHOOL INC

Litchfield, Connecticut·EIN 06-0646648·501(c)(3)
Total revenue
$23.9M
Total assets
$45.3M
Total expenses
$23.7M
Reported officers
26
Mission

THE FORMAN SCHOOL IS AN INDEPENDENT, COEDUCATIONAL COLLEGE PREPARATORY SCHOOL FOR BOARDING AND DAY STUDENTS WITH IDENTIFIED LEARNING DIFFERENCES. FORMAN DEVELOPS THE WHOLE STUDENT SO THAT ALL GRADUATES BECOME EDUCATED, CONFIDENT, SELF-ADVOCATES THROUGHOUT LIFE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Head of Scho
Officer (Unspecified)
$639k
$713k
Base
$502k
Bonus
Other
Benefits
$112k
Asst Head of
Key Employee
75th to 90th percentile
$319k
$356k
Base
$279k
Bonus
Other
Benefits
$19k
Chief Financ
Officer (Unspecified)
$187k
$209k
Base
$156k
Bonus
Other
Benefits
$18k
Dir of Admis
Highest Compensated Employee
Median to 75th percentile
$168k
$188k
Base
$146k
Bonus
Other
Benefits
$12k
Dir of Diag
Highest Compensated Employee
25th percentile to median
$151k
$168k
Base
$122k
Bonus
Other
Benefits
$19k
Dir of Opera
Highest Compensated Employee
25th percentile to median
$139k
$155k
Dir Communic
Highest Compensated Employee
25th percentile to median
$137k
$152k
Dir Student
Highest Compensated Employee
25th percentile to median
$131k
$146k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 5%
from 2022

From $671k in 2022 to $639k in 2023.

$671k
2022
$639k
2023
In today's dollarsEst.
Down 8% in real terms$776k to $713k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay fell 45% from 2022 to 2023, while revenue fell 2%.

$308k in 2022 to $168k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FORMAN SCHOOL INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$24.4M
$23.8M
2022
$23.9M
$23.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FORMAN SCHOOL INC

What does the Key Employee of FORMAN SCHOOL INC earn?

In 2023, the Key Employee of FORMAN SCHOOL INC received $318,555 in total compensation. This pay is in the top quarter for Key Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at FORMAN SCHOOL INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Key Employee at FORMAN SCHOOL INC falls between the 75th and 90th percentiles.

What are FORMAN SCHOOL INC's revenue and expenses?

In 2023, FORMAN SCHOOL INC reported $23.9M in total revenue and $23.7M in total expenses on its IRS Form 990.

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