Civic Intelligence

Achieve Hartford Inc

EIN 45-0499390 • 501(c)3 • Hartford, CT

Profile

Achieve hartford is an independent nonprofit organization of business and community leaders that focuses on closing the opportunity and achievement gap in hartford and building a viable talent pipeline for our region and state.

1429 Park Street Unit 114Hartford, CT 06106

www.achievehartford.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.09x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.10x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

10th percentile

-99%

Higher net margin than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

98th percentile

$118,170

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 82.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

21st percentile

-45%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-69%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$156,397

Down $130,110 (-45%) from 2023

Liabilities

Up

$14,440

Up $10,974 (+317%) from 2023

Net Assets

Down

$141,957

Down $141,084 (-50%) from 2023

Revenue

Down

$142,517

Down $318,311 (-69%) from 2023

Expenses

Down

$283,601

Down $107,954 (-28%) from 2023

Net Income

Down

-$141,084

Down $210,357 (-304%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $550,079Liabilities 2010: $36,618Net Assets 2010: $513,4612010Assets 2011: $580,885Liabilities 2011: $33,308Net Assets 2011: $547,5772011Assets 2012: $477,107Liabilities 2012: $61,366Net Assets 2012: $415,7412012Assets 2013: $741,148Liabilities 2013: $111,407Net Assets 2013: $629,7412013Assets 2014: $873,151Liabilities 2014: $71,717Net Assets 2014: $801,4342014Assets 2015: $851,386Liabilities 2015: $40,427Net Assets 2015: $810,9592015Assets 2016: $442,162Liabilities 2016: $112,717Net Assets 2016: $329,4452016Assets 2017: $498,471Liabilities 2017: $173,773Net Assets 2017: $324,6982017Assets 2018: $271,793Liabilities 2018: $183,811Net Assets 2018: $87,9822018Assets 2019: $175,519Liabilities 2019: $46,166Net Assets 2019: $129,3532019Assets 2020: $221,571Liabilities 2020: $49,429Net Assets 2020: $172,1422020Assets 2021: $276,536Liabilities 2021: $83,623Net Assets 2021: $192,9132021Assets 2022: $486,779Liabilities 2022: $273,011Net Assets 2022: $213,7682022Assets 2023: $286,507Liabilities 2023: $3,466Net Assets 2023: $283,0412023Assets 2024: $156,397Liabilities 2024: $14,440Net Assets 2024: $141,9572024

Highlighted filing

2024

Assets$156,397
Liabilities$14,440
Net Assets$141,957

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $609,8602010Expenses 2011: $689,0662011Expenses 2012: $654,5462012Expenses 2013: $749,6172013Revenue 2014: $1,004,692Expenses 2014: $832,999Net Income 2014: $171,6932014Revenue 2015: $929,668Expenses 2015: $920,143Net Income 2015: $9,5252015Revenue 2016: $789,744Expenses 2016: $800,883Net Income 2016: -$11,1392016Revenue 2017: $818,215Expenses 2017: $822,962Net Income 2017: -$4,7472017Revenue 2018: $610,289Expenses 2018: $847,005Net Income 2018: -$236,7162018Revenue 2019: $597,824Expenses 2019: $556,453Net Income 2019: $41,3712019Revenue 2020: $491,830Expenses 2020: $449,041Net Income 2020: $42,7892020Revenue 2021: $495,833Expenses 2021: $475,062Net Income 2021: $20,7712021Revenue 2022: $598,354Expenses 2022: $577,271Net Income 2022: $21,0832022Revenue 2023: $460,828Expenses 2023: $391,555Net Income 2023: $69,2732023Revenue 2024: $142,517Expenses 2024: $283,601Net Income 2024: -$141,0842024

Highlighted filing

2024

Revenue$142,517
Expenses$283,601
Net Income-$141,084

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.14$0.14$0.28$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.28$0.46$0.39$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.49$0.27$0.21$0.60$0.58$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.28$0.08$0.19$0.50$0.48$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.22$0.05$0.17$0.49$0.45$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.05$0.13$0.60$0.56$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.18$0.09$0.61$0.85$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.17$0.32$0.82$0.82$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.11$0.33$0.79$0.80$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.85$0.04$0.81$0.93$0.92$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.87$0.07$0.80$1.00$0.83$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.11$0.63$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.06$0.42$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.03$0.55$0.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.04$0.51$0.61
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 9, 2024
Return Version
2023v6.0
Gross Receipts
$142,517
Mission and Program Overview

Mission

Achieve hartford is an independent nonprofit organization of business and community leaders that focuses on student achievement and supporting effective and sustained school reform in the hartford public schools. The organization has a commitment to education excellence and works in partnership with the business and civic communities as well as the school district toward a shared vision of improving overall student performance in the hartford public schools.

Achieve hartford is an independent nonprofit organization of business and community leaders that focuses on closing the opportunity and achievement gap in hartford and building a viable talent pipeline for our region and state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$80,406$76,074▼ $4,332
Accounts Receivable$165,434$53,957▼ $111,477
Savings and Temporary Cash Investments$40,067$25,766▼ $14,301
Total Assets$286,507$156,397▼ $130,110
Other Assets Total$600$600→ $0
Liabilities
Accounts Payable and Accrued Expenses$927$9,440▲ $8,513
Other Liabilities$2,539$5,000▲ $2,461
Total Liabilities$3,466$14,440▲ $10,974
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$283,041$141,957▼ $141,084
Total Net Assets Fund Balance$283,041$141,957▼ $141,084
Total Liabilities and Net Assets / Fund Balance$286,507$156,397▼ $130,110

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$26,700$26,700
Equipment-$11,176$11,176
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher M MarcelliExecutive DiFT$111,686$6,484$118,170

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$138,936
Program Service Revenue
$3,568
Investment Income
$13
Other Revenue
$0
All Other Contributions
$138,936
Change in Net Assets
$-141,084
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$219,814
Other Expenses$63,787
Total Fundraising Expense$41,495
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$110,089$8,659$4,947$123,695
Other Salaries and Wages$63,226$4,973$2,842$71,041
Fees for Services Other$4,787$376$31,253$36,416
Payroll Taxes$21,664$1,704$974$24,342
Fees for Services Accounting-$7,394-$7,394
Occupancy$6,408$504$288$7,200
Office Expenses$4,506$403$202$5,111
Other Expenses$3,224--$3,224
Insurance$2,113$166$95$2,374
Advertising--$819$819
Information Technology$705$48$27$780
Other Employee Benefits$656$51$29$736
Conferences and Meetings$417$33$19$469
Total Functional Expenses$217,795$24,311$41,495$283,601
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$5,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is completed annually and a draft is provided to the entire board of directors. The form is reviewed in detail by the organization's executive director and the board's audit committee. Any changes and updates resulting from such reviews are incorporated. The form 990 is provided to all board members following the audit committee approval and prior to filing.

Form 990, Page 6, Part VI, Line 12C

A conflict of interest policy is in effect and part of the bylaws. Each member of the board is required to disclose any conflict per the policy. If after submitting an annual disclosure statement, an apparent or potential conflict arises within the spirit of this policy, directors and officers shall immediately disclose the situation in writing to the board president.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of directors establishes compensation for the executive director annually. Deliberations and discussions regarding compensation include an annual review with persons with conflict of interest with respect to compensation arrangements not involved in the approval. As part of this process, the executive committee considers qualifications, experience, and the individual contributions of the executive director along with data from other nonprofit organization in the hartford area with comparable positions and similar functionalities. Discussions regarding such reviews are documented, reviewed and made available to all board members. Currently there are no other officers or key employees of the organization.

Form 990, Page 6, Part VI, Line 15B

The executive committee of the board of directors establishes compensation for the executive director and other officers or key employees annually. Deliberations and discussions regarding compensation include an annual review with persons with conflict of interest with respect to compensation arrangements not involved in the approval. As part of this process, the executive committee considers qualifications, experience, and the individual contributions of the executive director and other officers or key employees along with data from other nonprofit organization in the hartford area with comparable positions and similar functionalities. Discussions regarding such reviews are documented, reviewed and made available to all board members. Currently there are no other officers or key employees of the organization.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest and other polices as well as its financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Achieve Hartford Inc
EIN
45-0499390
Phone
8602443333
Address
1429 PARK STREET UNIT 114, HARTFORD, CT 06106

Signing Officer

Name
James Bedard
Title
Chair
Phone
8602443333
Signed
2024-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Bedard
Formed
2002
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
7
Employees
13
Volunteers
20

Preparer

Firm
Carney Roy and Gerrol Pc
Address
35 COLD SPRING ROAD SUITE 111, ROCKY HILL, CT 06067-3161
Preparer
Thomas D Roy
Phone
8607215786
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Achieve hartford is an independent nonprofit organization of business and community leaders that focuses on closing the opportunity and achievement gap in hartford and building a viable talent pipeline for our region and state.

Form 990, Page 2, Part III, Line 4A

Shared responsibility: achieve hartford increases the level of responsibility that stakeholders take for improving schools and closing the achievement gap by facilitating coalitions, partnerships and stakeholder engagement at the city level, the neighborhood level, and even the school level. This includes our forums and focus groups on topics such as student centered learning, our community events on the state of schools, and our coalition work on the topic of college and career readiness. Monitor and drive accountability: accountability requires an external view; achieve hartford provides that perspective. As an independent monitor of the hartford public school district, achieve hartford gathers, analyzes and reports on data to focus attention on student outcomes and what is and is not working in hartford schools. In these ways, we drive district and city accountability to graduate students who are truly college and career ready. This includes our research and evaluation efforts, uploaded to our data website, as well as a portion of our weekly education matters and other publications.

Form 990, Part IX, Line 11G

Grant writer 0 0 30,365 development planning 0 0 673 payroll service fees 4,787 376 215 total 4,787 376 31,253

Raw XML Appendix395 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0SHARED RESPONSIBILITY: ACHIEVE HARTFORD INCREASES THE LEVEL OF RESPONSIBILITY THAT STAKEHOLDERS TAKE FOR IMPROVING SCHOOLS AND CLOSING THE ACHIEVEMENT GAP BY FACILITATING COALITIONS, PARTNERSHIPS AND STAKEHOLDER ENGAGEMENT AT THE CITY LEVEL, THE NEIGHBORHOOD LEVEL, AND EVEN THE SCHOOL LEVEL. THIS INCLUDES OUR FORUMS AND FOCUS GROUPS ON TOPICS SUCH AS STUDENT CENTERED LEARNING, OUR COMMUNITY EVENTS ON THE STATE OF SCHOOLS, AND OUR COALITION WORK ON THE TOPIC OF COLLEGE AND CAREER READINESS. MONITOR AND DRIVE ACCOUNTABILITY: ACCOUNTABILITY REQUIRES AN EXTERNAL VIEW; ACHIEVE HARTFORD PROVIDES THAT PERSPECTIVE. AS AN INDEPENDENT MONITOR OF THE HARTFORD PUBLIC SCHOOL DISTRICT, ACHIEVE HARTFORD GATHERS, ANALYZES AND REPORTS ON DATA TO FOCUS ATTENTION ON STUDENT OUTCOMES AND WHAT IS AND IS NOT WORKING IN HARTFORD SCHOOLS. IN THESE WAYS, WE DRIVE DISTRICT AND CITY ACCOUNTABILITY TO GRADUATE STUDENTS WHO ARE TRULY COLLEGE AND CAREER READY. THIS INCLUDES OUR RESEARCH AND EVALUATION EFFORTS, UPLOADED TO OUR DATA WEBSITE, AS WELL AS A PORTION OF OUR WEEKLY EDUCATION MATTERS AND OTHER PUBLICATIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACHIEVE HARTFORD IS AN INDEPENDENT NONPROFIT ORGANIZATION OF BUSINESS AND COMMUNITY LEADERS THAT FOCUSES ON CLOSING THE OPPORTUNITY AND ACHIEVEMENT GAP IN HARTFORD AND BUILDING A VIABLE TALENT PIPELINE FOR OUR REGION AND STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SHARED RESPONSIBILITY: ACHIEVE HARTFORD INCREASES THE LEVEL OF RESPONSIBILITY THAT STAKEHOLDERS TAKE FOR IMPROVING SCHOOLS AND CLOSING THE ACHIEVEMENT GAP BY FACILITATING COALITIONS, PARTNERSHIPS AND STAKEHOLDER ENGAGEMENT AT THE CITY LEVEL, THE NEIGHBORHOOD LEVEL, AND EVEN THE SCHOOL LEVEL. THIS INCLUDES OUR FORUMS AND FOCUS GROUPS ON TOPICS SUCH AS STUDENT CENTERED LEARNING, OUR COMMUNITY EVENTS ON THE STATE OF SCHOOLS, AND OUR COALITION WORK ON THE TOPIC OF COLLEGE AND CAREER READINESS. MONITOR AND DRIVE ACCOUNTABILITY: ACCOUNTABILITY REQUIRES AN EXTERNAL VIEW; ACHIEVE HARTFORD PROVIDES THAT PERSPECTIVE. AS AN INDEPENDENT MONITOR OF THE HARTFORD PUBLIC SCHOOL DISTRICT, ACHIEVE HARTFORD GATHERS, ANALYZES AND REPORTS ON DATA TO FOCUS ATTENTION ON STUDENT OUTCOMES AND WHAT IS AND IS NOT WORKING IN HARTFORD SCHOOLS. IN THESE WAYS, WE DRIVE DISTRICT AND CITY ACCOUNTABILITY TO GRADUATE STUDENTS WHO ARE TRULY COLLEGE AND CAREER READY. THIS INCLUDES OUR RESEARCH AND EVALUATION EFFORTS, UPLOADED TO OUR DATA WEBSITE, AS WELL AS A PORTION OF OUR WEEKLY EDUCATION MATTERS AND OTHER PUBLICATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS COMPLETED ANNUALLY AND A DRAFT IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS. THE FORM IS REVIEWED IN DETAIL BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND THE BOARD'S AUDIT COMMITTEE. ANY CHANGES AND UPDATES RESULTING FROM SUCH REVIEWS ARE INCORPORATED. THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOLLOWING THE AUDIT COMMITTEE APPROVAL AND PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A CONFLICT OF INTEREST POLICY IS IN EFFECT AND PART OF THE BYLAWS. EACH MEMBER OF THE BOARD IS REQUIRED TO DISCLOSE ANY CONFLICT PER THE POLICY. IF AFTER SUBMITTING AN ANNUAL DISCLOSURE STATEMENT, AN APPARENT OR POTENTIAL CONFLICT ARISES WITHIN THE SPIRIT OF THIS POLICY, DIRECTORS AND OFFICERS SHALL IMMEDIATELY DISCLOSE THE SITUATION IN WRITING TO THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ESTABLISHES COMPENSATION FOR THE EXECUTIVE DIRECTOR ANNUALLY. DELIBERATIONS AND DISCUSSIONS REGARDING COMPENSATION INCLUDE AN ANNUAL REVIEW WITH PERSONS WITH CONFLICT OF INTEREST WITH RESPECT TO COMPENSATION ARRANGEMENTS NOT INVOLVED IN THE APPROVAL. AS PART OF THIS PROCESS, THE EXECUTIVE COMMITTEE CONSIDERS QUALIFICATIONS, EXPERIENCE, AND THE INDIVIDUAL CONTRIBUTIONS OF THE EXECUTIVE DIRECTOR ALONG WITH DATA FROM OTHER NONPROFIT ORGANIZATION IN THE HARTFORD AREA WITH COMPARABLE POSITIONS AND SIMILAR FUNCTIONALITIES. DISCUSSIONS REGARDING SUCH REVIEWS ARE DOCUMENTED, REVIEWED AND MADE AVAILABLE TO ALL BOARD MEMBERS. CURRENTLY THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ESTABLISHES COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER OFFICERS OR KEY EMPLOYEES ANNUALLY. DELIBERATIONS AND DISCUSSIONS REGARDING COMPENSATION INCLUDE AN ANNUAL REVIEW WITH PERSONS WITH CONFLICT OF INTEREST WITH RESPECT TO COMPENSATION ARRANGEMENTS NOT INVOLVED IN THE APPROVAL. AS PART OF THIS PROCESS, THE EXECUTIVE COMMITTEE CONSIDERS QUALIFICATIONS, EXPERIENCE, AND THE INDIVIDUAL CONTRIBUTIONS OF THE EXECUTIVE DIRECTOR AND OTHER OFFICERS OR KEY EMPLOYEES ALONG WITH DATA FROM OTHER NONPROFIT ORGANIZATION IN THE HARTFORD AREA WITH COMPARABLE POSITIONS AND SIMILAR FUNCTIONALITIES. DISCUSSIONS REGARDING SUCH REVIEWS ARE DOCUMENTED, REVIEWED AND MADE AVAILABLE TO ALL BOARD MEMBERS. CURRENTLY THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND OTHER POLICES AS WELL AS ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GRANT WRITER 0 0 30,365 DEVELOPMENT PLANNING 0 0 673 PAYROLL SERVICE FEES 4,787 376 215 TOTAL 4,787 376 31,253
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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