Overview
What is Forman School Inc?
The Forman School Inc, located in Litchfield, Connecticut, is an independent, coeducational college preparatory institution catering to boarding and day students with identified learning differences. This nonprofit organization, with a staff of 172 employees, aims to develop the whole student by providing a comprehensive education that prepares them for a college curriculum. The Forman School operates as a private school, focusing on grades 9-12, and is dedicated to nurturing students' unique abilities and helping them reach their full potential.
Official website here: www.formanschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating from Charity Navigator)
Forman School Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scored 96% in the Accountability & Finance category, indicating strong governance practices and transparency in its operations. This rating is particularly significant as it underscores the nonprofit's commitment to responsible management of funds and resources.
One of the highlighted strengths of Forman School Inc is its independent board structure, boasting 100% independent members, which ensures objective oversight. Additionally, the organization has a robust financial management system in place, evidenced by its effective audit and oversight committee, along with a favorable liabilities to assets ratio of 24.50%. The high program expense ratio of 77.73% demonstrates that a significant portion of financial resources is directed towards fulfilling its mission.
While the rating is overwhelmingly positive, the summary does not indicate any specific limitations or concerns regarding the organization. Overall, this strong rating from Charity Navigator suggests that Forman School Inc is a well-managed nonprofit dedicated to its educational mission, providing donors with confidence in their financial contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Forman School Inc?
96% of 75 reviewers on Facebook recommend Forman School Inc. Here is a summary of their reviews:
Many parents express satisfaction with the quality of education provided by the school, emphasizing its effectiveness in meeting students' needs. The general sentiment highlights that parents feel the institution offers a commendable learning environment that fosters academic growth.
Overall, the feedback points to a strong endorsement for Forman School Inc. as a top choice for families who are able to invest in their children's education. The positive ratings reflect a shared belief that the school fulfills its promise of providing a great educational experience.
This AI summary has been generated from reviews found on Facebook.
Is Forman School Inc legitimate?
Forman School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forman School Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,659,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,002,071
For more financial information, click here
Official website here: www.formanschool.org
What is the mission statement of Forman School Inc?
The Forman School is a private, coeducational institution catering to boarding and day students with identified learning differences. Its mission is to foster the holistic development of these students, enabling their progress towards a college curriculum. By providing an individualized learning environment, the school aims to nurture students' academic growth and social skills, ultimately preparing them for higher education and future success.
Official website here: www.formanschool.org
Who is the CEO of Forman School Inc?
Adam Man is the Principal Officer of Forman School Inc.
Official website here: www.formanschool.org
What is the revenue of Forman School Inc?
Forman School Inc's revenue in 2022 was $22,916,305.
Official website here: www.formanschool.org
Who are the executives of Forman School Inc and what are their salaries?
The average compensation at Forman School Inc during 2022 was $50,360. There are 172 employees and 99 volunteers at Forman School Inc.
Here are 27 key members and their salaries:
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- Other: $26,382
Official website here: www.formanschool.org
Where can I find the form 990 for Forman School Inc?
Forman School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.formanschool.org
Learn more at the official website: www.formanschool.org
Mission Statement of Forman School Inc
The Forman School, an independent and coeducational institution, is dedicated to nurturing boarding and day students with identified learning differences. This esteemed educational institution sets out to foster the holistic development of each student, enabling them to thrive in a college curriculum. With a mission to transform lives, the Forman School goes beyond mere academics to cultivate the whole student. By providing a tailored learning environment, the institution prepares students for success beyond their academic pursuits.
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Impact
October, 2024
Forman School Inc has a profound impact on students with identified learning differences by providing a tailored educational environment that fosters their growth and development. As an independent, coeducational college preparatory school for grades 9-12, Forman emphasizes the holistic development of each student, preparing them for the challenges of a college curriculum.
The school's unique approach creates a supportive community where students can thrive academically and personally. By focusing on their specific learning needs, Forman empowers students to build confidence, develop essential skills, and cultivate a love for learning. This specialized education not only enhances their academic performance but also prepares them for successful transitions to higher education and life beyond school.
Through its dedicated staff and comprehensive programs, Forman School Inc plays a significant role in shaping the futures of young individuals, ensuring they have the tools and mindset necessary to succeed, despite their learning differences. The school's impact extends beyond academics, contributing to the personal and social development of its students, fostering resilience, independence, and a strong sense of community.
This information is meant to be a general summary of Forman School Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $353,469
- Program Service Revenue: $20,733,673
- Gross Receipts: $25,692,268
Assets and Liabilities:
- Total Assets: $45,375,797
- Total Liabilities: $11,924,344
- Net Assets: $33,451,453
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition Income
Revenue
$20,609,136
Auxilary Enterprises
Revenue
$85,413
Other Income
Revenue
$39,124
Organization Details
Founding Year
1930
Phone
(860) 567-1807Principal Officer
Adam Man
Main Address
PO Box 80, Litchfield, CT, 06759
Website
www.formanschool.orgNTEE Category
Code: B25 - Education
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