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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut.
- Base
- $126k
- Bonus
- —
- Other
- —
- Benefits
- $49k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director Median to 75th percentile | $126k | — | — | $49k | $180k $201k |
Director of Finance 25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide | — | — | — | — | $40k $45k |
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 15 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at NFA FOUNDATION INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 8%
from 2022
From $166k in 2022 to $180k in 2023.
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.
Chief Executive Officer pay rose 8% from 2022 to 2023, while revenue rose 48%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NFA FOUNDATION INC
What does the Chief Executive Officer of NFA FOUNDATION INC earn?
In 2023, the Chief Executive Officer of NFA FOUNDATION INC received $180,351 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NFA FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, the 2023 pay of the Chief Executive Officer at NFA FOUNDATION INC falls between the median and the 75th percentile. In 2023, the highest total compensation at NFA FOUNDATION INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are NFA FOUNDATION INC's revenue and expenses?
In 2023, NFA FOUNDATION INC reported $5.5M in total revenue and $3.9M in total expenses on its IRS Form 990.
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