ACHIEVE HARTFORD INC (EIN 450499390) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

CHRISTOPHER M MARCELLI

Phone

8602443333

Tax Period

2022-07-01 to 2023-06-30

ACHIEVE HARTFORD INC, founded in 2002, is a small nonprofit in the Education sector that reported $461K in total revenue in fiscal year 2022. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $69K, a strong 15% operating margin.

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.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $444,952

Program Service Revenue $15,860

Investment Income $16

Other Revenue $0

TOTAL REVENUE $460,828

Expense Breakdown

Grants Paid $0

Salaries & Benefits $240,528

Fundraising Expenses $12,530

Program Expenses $347,286

Other Expenses $151,027

TOTAL EXPENSES $391,555

Year-over-Year Comparison

	2022	2021	Change
Revenue	$460,828	$598,354	-0.2%
Expenses	$391,555	$577,271	-0.3%
Net Income	$69,273	$21,083	+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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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$251,855

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL DIEGO HOLZER	EXECUTIVE DI	40.00	Officer	$151,696	$21,842	$173,538
CHRISTOPHER M MARCELLI	EXECUTIVE DI	40.00	Officer	$73,834	$4,483	$78,317
JAMES BEDARD	CHAIR	1.00	Officer Director	$0	$0	$0
STEFANIE CHAMBERS	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS CRANLEY	TREASURER	1.00	Director	$0	$0	$0
COURTNEY KUNZELMANN	SECRETARY	1.00	Officer Director	$0	$0	$0
GLANDINA MORRIS LYGA	DIRECTOR	1.00	Director	$0	$0	$0
DAYNA SNELL	DIRECTOR	1.00	Director	$0	$0	$0
ERIC STONE	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA APONTE	VICE CHAIR	1.00	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$460,828	$391,555	$286,507	$69,273
2022	$598,354	$577,271	$486,779	$21,083
2021	$495,833	$475,062	$276,536	$20,771
2020	$491,830	$449,041	$221,571	$42,789
2019	$597,824	$556,453	$175,519	$41,371

ACHIEVE HARTFORD INC