TRINITY ACADEMY HARTFORD INC

EIN: 272901529 501(c)(3) Education

HARTFORD, CT

Total Revenue
$442,324
Total Expenses
$491,450
Total Assets
$107,774
Net Assets
$82,251
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CT
Principal Officer
DAVID SMITH
Phone
8605278133
Tax Period
2024-07-01 to 2025-06-30

TRINITY ACADEMY HARTFORD INC, founded in 2010, is a small nonprofit in the Education sector that reported $442K in total revenue in fiscal year 2024. Expenses of $491K exceeded revenue, resulting in a 11% operating deficit.

Mission

TRINITY ACADEMY OF HARTFORD IS AN INDEPENDENT TUITION-FREE ELEMENTARY SCHOOL DESIGNED FOR UNDERSERVED STUDENTS AND THEIR FAMILIES IN HARTFORD. OUR PROGRAM, SERVING GRADES 1-4, PROVIDES INDIVIDUALIZED INSTRUCTION WITH A 6:1 STUDENT-TO-TEACHER RATIO. STUDENTS OFTEN ENTER WELL BELOW GRADE LEVEL AND MAKE A YEAR AND HALF OF PROGRESS EVERY SCHOOL YEAR. WE FOCUS ON CLOSING LEARNING GAPS THROUGH STRONG ACADEMICS, LITERACY, AND CRITICAL THINKING. OUR COMMUNITY AND FAMILY ENGAGEMENT PROGRAM SUPPORTS FAMILY INVOLVEMENT IN EDUCATION, WITH THE AIM OF BREAKING THE CYCLE OF GENERATIONAL POVERTY. EVENTS AND RESOURCES EMPOWER PARENTS TO REINFORCE LEARNING AT HOME. THE ARTS AND LITERACY ENRICHMENT PROGRAM INTEGRATES ARTS TO FOSTER CREATIVITY, LITERACY, AND CONFIDENCE. THESE PROGRAMS BUILD A FOUNDATION FOR ACADEMIC AND PERSONAL SUCCESS, EQUIPPING STUDENTS TO THRIVE IN SCHOOL AND BEYOND.

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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 $436,236
Program Service Revenue $5,285
Investment Income $803
Other Revenue $0
TOTAL REVENUE $442,324

Expense Breakdown

Grants Paid $0
Salaries & Benefits $374,266
Fundraising Expenses $0
Program Expenses $483,090
Other Expenses $117,184
TOTAL EXPENSES $491,450

Year-over-Year Comparison

2024 2023 Change
Revenue $442,324 $432,331 +0.0%
Expenses $491,450 $393,872 +0.2%
Net Income $-49,126 $38,459 -2.3%
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
15
Independent Members
15
Employees
10
Volunteers
25

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
3
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES JONES DIRECTOR 1.00
Director
$0 $0 $0
HYACINTH YENNIE DIRECTOR 1.00
Director
$0 $0 $0
BETSY MACDERMID DIRECTOR 1.00
Director
$0 $0 $0
JEFF STROLE DIRECTOR 4.00
Director
$0 $0 $0
JONATHAN W KELLY DIRECTOR 1.00
Director
$0 $0 $0
TED GAWLICKI DIRECTOR 4.00
Director
$0 $0 $0
JUDY A TRAVERS DIRECTOR 2.00
Director
$0 $0 $0
ROBIN KIPNIS DIRECTOR 4.00
Director
$0 $0 $0
TOM SPONZO DIRECTOR 1.00
Director
$0 $0 $0
REV DON HAMER DIRECTOR 1.00
Director
$0 $0 $0
TAMMY FORSYTHE DIRECTOR 1.00
Director
$0 $0 $0
ALICE TURNER DIRECTOR 1.00
Director
$0 $0 $0
DAVID SMITH TREASURER 4.00
Officer Director
$0 $0 $0
WILLONA AMOAKOH VICE CHAIRPE 4.00
Officer Director
$0 $0 $0
MARK PANICO CHAIRPERSON 4.00
Officer 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 $442,324 $491,450 $107,774 $-49,126
2024 $432,331 $393,872 $173,448 $38,459
2023 $487,613 $548,753 $248,917 $-61,140
2022 $422,185 $466,451 $160,057 $-44,266
2021 $536,354 $431,692 $278,329 $104,662
2020 $519,537 $463,774 $169,228 $55,763
2018 $394,140 $412,552 $12,787 $-18,412
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