HARTFORD, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GRACE ACADEMY INC, founded in 2010, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.4M left a modest 10% surplus.
GRACE ACADEMY IS AN INDEPENDENT, INTERFAITH, TUITION-FREE MIDDLE SCHOOL FOR GIRLS FROM UNDERSERVED FAMILIES IN THE CITY OF HARTFORD. WE TRANSFORM THE LIVES OF OUR STUDENTS BY PROVIDING THEM WITH INDIVIDUALIZED ATTENTION, A CHALLENGING AND DIVERSE ACADEMIC PROGRAM, AND A SAFE AND INSPIRING ENVIRONMENT THAT PREPARES GIRLS TO SUCCEED IN HIGH SCHOOL, COLLEGE AND LIFE.
ACADEMICS: ACADEMICS ARE THE CORNERSTONE OF A GRACE ACADEMY EDUCATION. THE FACULTY IS ALWAYS MINDFUL THAT THEY ARE PREPARING THEIR YOUNG STUDENTS TO SUCCEED IN DEMANDING HIGH SCHOOL AND COLLEGE...
ACADEMICS: ACADEMICS ARE THE CORNERSTONE OF A GRACE ACADEMY EDUCATION. THE FACULTY IS ALWAYS MINDFUL THAT THEY ARE PREPARING THEIR YOUNG STUDENTS TO SUCCEED IN DEMANDING HIGH SCHOOL AND COLLEGE PROGRAMS. HIGHLIGHTS OF THE ACADEMIC PROGRAM INCLUDE A CHALLENGING ACADEMIC CURRICULUM THAT INCLUDES LANGUAGE ARTS AND READING, MATHEMATICS, SCIENCE, SOCIAL STUDIES, SPANISH, RELIGION, MEDIA/TECHNOLOGY, HEALTH, ART AND MUSIC; AN INTENTIONALLY SMALL COMMUNITY WITH SMALL, STRUCTURED CLASSES TO FOSTER AS MUCH INDIVIDUAL ATTENTION AS POSSIBLE; A HOMEWORK BLOCK OF TIME WITH INDIVIDUAL TUTORING AVAILABLE; AND FORMAL PROGRESS REPORTS AND REPORT CARD SESSIONS WITH THE PARENTS.
GRADUATE SUPPORT PROGRAM: GRACE ACADEMY'S GOAL IS THAT ALL OF ITS STUDENTS SUCCESSFULLY GRADUATE FROM A SELECTIVE, HIGHLY REGARDED, COLLEGE PREPARATORY HIGH SCHOOL, AND CONTINUE ON TO POST-SECONDARY...
GRADUATE SUPPORT PROGRAM: GRACE ACADEMY'S GOAL IS THAT ALL OF ITS STUDENTS SUCCESSFULLY GRADUATE FROM A SELECTIVE, HIGHLY REGARDED, COLLEGE PREPARATORY HIGH SCHOOL, AND CONTINUE ON TO POST-SECONDARY EDUCATION SO THEY ARE IN THE POSITION TO SUPPORT THEMSELVES, THEIR FAMILIES, AND HELP CHANGE THEIR COMMUNITIES. THE GRADUATE SUPPORT PROGRAM HELPS FACILITATE A SMOOTH AND SUCCESSFUL TRANSITION INTO PRIVATE OR COMPETITIVE PUBLIC CHARTER/MAGNET SCHOOLS BY PROVIDING ASSISTANCE WITH SSAT PREP CLASSES, HIGH SCHOOL SELECTION, APPLICATION, REGISTRATION, AND FINANCIAL AID COUNSELING; MONITORING ACADEMIC PROGRESS THROUGH HIGH SCHOOL; OFFERING SUPPORT, IN COLLABORATION WITH HIGH SCHOOL COUNSELING STAFF WITH COLLEGE PREPARATORY AND PLACEMENT ACTIVITIES; AND MAINTAINING ONGOING CONTACT WITH ALUMNAE AND ORGANIZING EVENTS THAT PROVIDE THEM WITH THE OPPORTUNITY TO RE-ENGAGE WITH GRACE ACADEMY AND REUNITE WITH THEIR PEERS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,572,248 | $1,399,530 | +0.1% |
| Expenses | $1,417,741 | $1,395,592 | +0.0% |
| Net Income | $154,507 | $3,938 | +38.2% |
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 |
|---|---|---|---|---|---|---|
| MICHAEL BERGIN | BOARD CHAIR EMERITUS | 5.00 |
Director
|
$0 | $0 | $0 |
| KATHY BROMAGE | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARCO CARDUCCI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER CENTRONE | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JOHN CHARETTE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SR MARY ROSE CROWLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SARAH LAHR FITZSIMONS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARCIA HERRERA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDSEY MCPHEE | DIRECTOR | 1.00 |
Director
|
$27,923 | $0 | $27,923 |
| AURA ALVARADO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARJORIE MORRISEY | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| THOMAS SLINEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NATALIE CORBETT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HILLARY ROCKWELL CAHN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAREN JARMOC | VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTINE JEAN-LOUIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SUZANNE TAMBURRO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SANDRA MARIN LAUTIER | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| LAKESHA RIVERA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JANEL SIMPSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LORI GROTH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KARA MITCHELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RACHEL TRESSY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| YVETTE HIGHSMITH-FRANCIS | BOARD CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PRINCESS HYATT | EXECUTIVE DIRECTOR | 50.00 |
Officer
Director
|
$121,602 | $0 | $121,602 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,572,248 | $1,417,741 | $5,116,724 | $154,507 |
| 2023 | $1,399,530 | $1,395,592 | $4,714,110 | $3,938 |
| 2022 | $1,753,911 | $1,202,460 | $4,383,601 | $551,451 |
| 2021 | $2,423,990 | $1,199,337 | $4,576,541 | $1,224,653 |
| 2020 | $2,314,624 | $1,044,556 | $3,202,185 | $1,270,068 |
| 2019 | $1,057,969 | $979,758 | $1,843,093 | $78,211 |
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