Yale Club and Scholarship Foundation of Hartford Inc

EIN: 066056931 501(c)(3) Education

West Hartford, CT

Total Revenue
$80,196
Total Expenses
$55,849
Total Assets
$592,211
Net Assets
$592,211
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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
CT
Principal Officer
Eric Fleischmann President
Phone
8602645774
Tax Period
2024-07-01 to 2025-06-30

Yale Club and Scholarship Foundation of Hartford Inc, founded in 1952, is a micro nonprofit in the Education sector that reported $80K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 30% operating margin.

Mission

The Club's mission includes providing an organization through which alumni of Yale and residents of the Greater Hartford areas may contribute to the welfare of Yale University; facilitating, initiating, sponsoring and participating in programs and projects aimed at developing and maintaining mutual understanding between Yale, its alumni and residents of northern Conn., participating in the raising of funds for the benefit of Yale; participating in the raising of funds in order to establish and award scholarships for the benefit of students who are residents of or attended secondary schools in northern Conn., and encouraging the enrollment of qualified students in Yale. In the past four years the Club's catchment area has expanded to include alumni of the former Yale clubs of Eastern Connecticut, Bristol, Northwestern Connecticut and New Britain. The Club now covers northern Connecticut from the New York border to the Rhode Island border.The Yale Club and Scholarship Foundation of Hartf

Program Service Accomplishments

Program 1
Expenses: $22,594

Event expenses - Club events and meetings. Many event expenses are offset by revenues from the events and transfers from an endowed fund. The Club held its biennial post-election dinner and...

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Event expenses - Club events and meetings. Many event expenses are offset by revenues from the events and transfers from an endowed fund. The Club held its biennial post-election dinner and discussion, its annual meeting and dinner with a Yale faculty speaker and several other events. The Club arranged three All-Ivy social events, to which it invited alumni of other ivy league colleges and universities. The Club hosted a speaker on the Ukraine-Russia conflict via Zoom.The Club's events returned to mostly in-person format. There are approximately 150 members and others who attend events as guests. Many local alumni receive emails and annual mailings from the Club. Total expenses - $22,594

Program 2
Expenses: $8,750

Summer fellowship grant to three Yale students for paid summer internships with Hartford area not-for-profit organizations and government agency. Seven other internships were awarded and the students...

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Summer fellowship grant to three Yale students for paid summer internships with Hartford area not-for-profit organizations and government agency. Seven other internships were awarded and the students served in summer 2025, following the end of the June fiscal year, which therefore do not appear in the present return. Total $8,750.

Program 3
Expenses: $6,500

Funds paid directly to Yale University for its general scholarship fund. The University provides need-blind support to all qualifying students, including those from the Hartford area. Yale names...

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Funds paid directly to Yale University for its general scholarship fund. The University provides need-blind support to all qualifying students, including those from the Hartford area. Yale names local students as "Yale Club and Scholarship Foundation of Hartford Scholars"Total $6,500.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $26,531
Program Service Revenue $13,124
Investment Income $40,541
Other Revenue $0
TOTAL REVENUE $80,196

Expense Breakdown

Grants Paid $21,906
Salaries & Benefits $0
Fundraising Expenses $2,654
Program Expenses $47,949
Other Expenses $33,943
TOTAL EXPENSES $55,849

Year-over-Year Comparison

2024 2023 Change
Revenue $80,196 $48,437 +0.7%
Expenses $55,849 $38,615 +0.4%
Net Income $24,347 $9,822 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
22
Independent Members
22
Employees
N/A
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric Fleischmann President 4.00
Officer Director
$0 $0 $0
Katherine McCormack Vice President 1.00
Officer Director
$0 $0 $0
Adam P Cohen Treasurer 5.00
Officer Director
$0 $0 $0
TJ Noel-Sullivan Director 0.20
Director
$0 $0 $0
William O'Donnell Director 0.50
Director
$0 $0 $0
Mukhtar Mohamed Secretary 0.20
Officer Director
$0 $0 $0
Michael G Albano Director 0.20
Director
$0 $0 $0
Bradford Galiette Dir of Finance 10.00
Officer Director
$0 $0 $0
Melvyn Coln Director 0.20
Director
$0 $0 $0
Fbio Delfino Director 0.20
Director
$0 $0 $0
Christopher P Dowd Director 0.20
Director
$0 $0 $0
Angela Harris Director 0.50
Director
$0 $0 $0
Pamela Hartley Director 0.20
Director
$0 $0 $0
Thomas Kokoska Director 0.50
Director
$0 $0 $0
Lori Ann Stewart Asst Secretary 0.50
Director
$0 $0 $0
Jennifer B Philip Director 0.20
Director
$0 $0 $0
Adrianna Amendola Director 0.20
Director
$0 $0 $0
Ellie Schmelzer Director 0.20
Director
$0 $0 $0
Liz Brayboy Director 0.20
Director
$0 $0 $0
Frederick Sowah Director 0.20
Director
$0 $0 $0
Michael Wu Director 0.20
Director
$0 $0 $0
Vesi Bikova Director 0.20
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $80,196 $55,849 $592,211 $24,347
2024 $48,437 $38,615 $538,184 $9,822
2023 $65,606 $42,155 $468,945 $23,451
2022 $38,825 $31,948 $427,051 $6,877
2021 $37,116 $32,258 $517,901 $4,858
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