HARTFORD HEALTH INITIATIVE INC

EIN: 812306351 501(c)(3) Health Care

Hartford, CT

Total Revenue
$614,245
Total Expenses
$343,808
Total Assets
$317,199
Net Assets
$317,199
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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
2017
Legal Domicile
CT
Principal Officer
CHAVON HAMILTON-BURGESS
Phone
8609565512
Tax Period
2024-01-01 to 2024-12-31

HARTFORD HEALTH INITIATIVE INC, founded in 2017, is a small nonprofit in the Health Care sector that reported $614K in total revenue in fiscal year 2024. The organization ran a surplus of $270K, a strong 44% operating margin.

Mission

TO INCREASE EQUITABLE HEALTH CARE ACCESS & IMPROVE HEALTH OUTCOMES THROUGH OUR PROGRAMS AND INITIAVTIVES FOR RESIDENTS IN MARGINALIZED COMMUNITIES.

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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 $524,603
Program Service Revenue $89,642
Investment Income $0
Other Revenue $0
TOTAL REVENUE $614,245

Expense Breakdown

Grants Paid $0
Salaries & Benefits $231,067
Fundraising Expenses $0
Program Expenses $85,598
Other Expenses $112,741
TOTAL EXPENSES $343,808

Year-over-Year Comparison

2024 2023 Change
Revenue $614,245 N/A N/A
Expenses $343,808 N/A N/A
Net Income $270,437 N/A N/A
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
3
Independent Members
3
Employees
6
Volunteers
N/A

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
1
$146,243
Total Directors
4
$146,243
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAVON HAMILTON-BURGESS EXECUTIVE DIRECTOR 50.00
Officer Director
$137,606 $8,637 $146,243
SOPHIA GRAY CHAIR 1.00
Director
$0 $0 $0
TAMEKA ALLEN TREASURER 1.00
Director
$0 $0 $0
ORLANDO VELAZCO SECRETARY 1.00
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 No data No data No data No data
2024 $614,245 $343,808 $317,199 $270,437
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