ACHIEVE HARTFORD INC

EIN: 450499390 501(c)(3) Education

HARTFORD, CT

Total Revenue
$460,828
Total Expenses
$391,555
Total Assets
$286,507
Net Assets
$283,041
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
CT
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.

Program Service Accomplishments

Program 1
Expenses: $347,286 Revenue: $15,860

SHARED RESPONSIBILITY: ACHIEVE HARTFORD INCREASES THE LEVEL OF RESPONSIBILITY THAT STAKEHOLDERS TAKE FOR IMPROVING SCHOOLS AND CLOSING THE ACHIEVEMENT GAP BY FACILITATING COALITIONS, PARTNERSHIPS AND...

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SHARED RESPONSIBILITY: ACHIEVE HARTFORD INCREASES THE LEVEL OF RESPONSIBILITY THAT STAKEHOLDERS TAKE FOR IMPROVING SCHOOLS AND CLOSING THE ACHIEVEMENT GAP BY FACILITATING COALITIONS, PARTNERSHIPS AND STAKEHOLDER ENGAGEMENT AT THE CITY LEVEL, THE NEIGHBORHOOD LEVEL, AND EVEN THE SCHOOL LEVEL. THIS INCLUDES OUR FORUMS AND FOCUS GROUPS ON TOPICS SUCH AS STUDENT CENTERED LEARNING, OUR COMMUNITY EVENTS ON THE STATE OF SCHOOLS, AND OUR COALITION WORK ON THE TOPIC OF COLLEGE AND CAREER READINESS. MONITOR AND DRIVE ACCOUNTABILITY: ACCOUNTABILITY REQUIRES AN EXTERNAL VIEW; ACHIEVE HARTFORD PROVIDES THAT PERSPECTIVE. AS AN INDEPENDENT MONITOR OF THE HARTFORD PUBLIC SCHOOL DISTRICT, ACHIEVE HARTFORD GATHERS, ANALYZES AND REPORTS ON DATA TO FOCUS ATTENTION ON STUDENT OUTCOMES AND WHAT IS AND IS NOT WORKING IN HARTFORD SCHOOLS. IN THESE WAYS, WE DRIVE DISTRICT AND CITY ACCOUNTABILITY TO GRADUATE STUDENTS WHO ARE TRULY COLLEGE AND CAREER READY. THIS INCLUDES OUR RESEARCH AND EVALUATION EFFORTS, UPLOADED TO OUR DATA WEBSITE, AS WELL AS A PORTION OF OUR WEEKLY EDUCATION MATTERS AND OTHER PUBLICATIONS.

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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 (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

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Governance

Voting Members
8
Independent Members
8
Employees
3
Volunteers
20

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
$251,855
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
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
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