EAST HARTFORD, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HARTFORD CONSORTIUM FOR HIGHER EDUCATION, founded in 1972, is a small nonprofit that reported $326K in total revenue in fiscal year 2022. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $768K exceeded revenue, resulting in a 136% operating deficit.
THROUGH COLLABORATIVE ENDEAVORS AMONG HIGHER EDUCATION INSTITUTIONS, THE HARTFORD CONSORTIUM FOR HIGHER EDUCATION PROMOTES OPTIMAL SHARING OF COLLEGIAL RESOURCES, INFORMATION, EXPERTISE AND IDEAS; SERVES AS A CATALYST FOR INNOVATIVE EDUCATIONAL INITIATIVES THAT RESPOND TO A CHANGING EDUCATION ENVIRONMENT; ENCOURAGES EDUCATIONAL EXCELLENCE ACROSS THE LIFESPAN; AND ASSERTS THE ROLE OF HIGHER EDUCATION IN THE ECONOMIC, CULTURAL AND SOCIAL LIFE OF HARTFORD AND THE REGION.
IMPLEMENTED A COLLEGE PROMOTION PROGRAM FOR YOUTH: CAREER BEGINNINGS SERVES HIGH SCHOOL STUDENTS AND THEIR FAMILY MEMBERS BY OFFERING A RANGE OF SERVICES THAT PROMOTED HIGH SCHOOL GRADUATION AND...
IMPLEMENTED A COLLEGE PROMOTION PROGRAM FOR YOUTH: CAREER BEGINNINGS SERVES HIGH SCHOOL STUDENTS AND THEIR FAMILY MEMBERS BY OFFERING A RANGE OF SERVICES THAT PROMOTED HIGH SCHOOL GRADUATION AND COLLEGE ENROLLMENT. THESE SERVICES INCLUDE MENTORING, ADVISING, WORKSHOPS ON ADMISSIONS AND FINANCIAL AID INFORMATION, CAMPUS VISITS AND RECOGNITION EVENTS FOR THOSE ACHIEVING AT HIGH LEVELS.
IMPLEMENTED JOINT CAMPUS PROGRAMS: THIS INCLUDES CROSS-REGISTRATION, STAFF AND FACULTY FORUMS THAT SHARE BEST PRACTICES AND EXPLORE INITIATIVES THAT WILL CREATE EFFICIENCIES AND ENCANCE TEACHING AND...
IMPLEMENTED JOINT CAMPUS PROGRAMS: THIS INCLUDES CROSS-REGISTRATION, STAFF AND FACULTY FORUMS THAT SHARE BEST PRACTICES AND EXPLORE INITIATIVES THAT WILL CREATE EFFICIENCIES AND ENCANCE TEACHING AND LEARNING AND INFORMATION TO THE COMMUNITY ON HIGHER EDUCATION.
IMPLEMENTED A COLLEGE PROMOTION PROGRAM FOR YOUTH IN NEW BRITIAN: CAREER BEGINNINGS SERVES NEW BRITIAN HIGH SCHOOL STUDENTS AND THEIR FAMILY MEMBERS BY OFFERING A RANGE OF SERVICES THAT PROMOTED HIGH...
IMPLEMENTED A COLLEGE PROMOTION PROGRAM FOR YOUTH IN NEW BRITIAN: CAREER BEGINNINGS SERVES NEW BRITIAN HIGH SCHOOL STUDENTS AND THEIR FAMILY MEMBERS BY OFFERING A RANGE OF SERVICES THAT PROMOTED HIGH SCHOOL GRADUATION AND COLLEGE ENROLLMENT. THESE SERVICES INCLUDE MENTORING, ADVISING, WORKSHOPS ON ADMISSIONS AND FINANCIAL AID INFORMATION, CAMPUS VISITS AND RECOGNITION EVENTS FOR THOSE ACHIEVING AT HIGH LEVELS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $325,623 | $891,717 | -0.6% |
| Expenses | $768,434 | $491,848 | +0.6% |
| Net Income | $-442,811 | $399,869 | -2.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ZULMA TORO | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOEL LOHR | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK OVERMYER-VELAZQUEZ | INCOMING CO-CHAIR / DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOANNE BERGER-SWEENEY | INCOMING CO-CHAIR / DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RHONA FREE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DUNCAN HARRIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK SCHEINBERG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG WOODWARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE ESPOSITO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GREGG HADDAD | COORDINATOR OF OPERATIONS | 40.00 |
Officer
|
$42,308 | $0 | $42,308 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $325,623 | $768,434 | $261,199 | $-442,811 |
| 2022 | $891,717 | $491,848 | $725,521 | $399,869 |
| 2021 | $306,885 | $432,494 | $301,127 | $-125,609 |
| 2020 | $394,971 | $595,645 | $456,398 | $-200,674 |
| 2019 | $710,278 | $647,279 | $610,642 | $62,999 |
Compare HARTFORD CONSORTIUM FOR HIGHER EDUCATION with other nonprofits in Connecticut and across the country.