Overview
What is Human Resources Agency Of New Britain Inc?
Human Resources Agency of New Britain Inc, located at 180 Clinton Street in New Britain, Connecticut, is a community action agency committed to enhancing the quality of life for people in need. With a staff of 235 employees, the organization focuses on early childhood development by providing affordable, high-quality services accredited by the National Association for the Education of Young Children (NAEYC). Their offerings include Head Start, School Readiness, State Head Start, and DOE Childcare programs, which positively impact the educational, physical, social, and emotional development of approximately 700 children in New Britain, Bristol, and surrounding areas. The consolidation of the federal Head Start contract in 2021-2022 strengthened the organization's governance and management functions to better serve children and families throughout Greater New Britain and Bristol. The mission of Human Resources Agency of New Britain Inc is to help individuals achieve economic and social potential, address the root causes and conditions of poverty, and build stronger families and communities.
Official website here: www.hranbct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Human Resources Agency of New Britain Inc has received a high rating of 92% from Charity Navigator, indicating strong performance in accountability and finance. This score is entirely based on their accountability and finance metrics, which reflects a commitment to transparency and responsible financial management. A four-star rating signifies that the organization is meeting or exceeding industry standards in these areas.
The organization boasts an impressive score of 100% for having a majority of independent board members, ensuring that governance is free from conflicts of interest. Their financial oversight practices are also robust, with an audit and oversight committee in place, highlighting their commitment to maintaining integrity in financial reporting. Furthermore, their program expense ratio of 94.81% indicates that a significant portion of their funds is directed towards programs, which is a positive sign for potential donors.
One area noted for improvement is the liabilities to assets ratio, which stands at 54.94%. While this is not alarming, it suggests that the organization may have a moderate level of liabilities compared to its assets. Overall, the Human Resources Agency of New Britain Inc demonstrates a strong financial footing and a responsible approach to governance, making it a trustworthy entity for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Human Resources Agency Of New Britain Inc legitimate?
Human Resources Agency Of New Britain Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Human Resources Agency Of New Britain Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $300,497
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,993,393
For more financial information, click here
Official website here: www.hranbct.org
What is the mission statement of Human Resources Agency Of New Britain Inc?
The Human Resources Agency of New Britain Inc is dedicated to improving people's lives by helping them reach their economic and social potential. They respond to the root causes and conditions of poverty and work towards building stronger individuals, families, and communities. The organization offers quality affordable early childhood services accredited by the National Association for the Education of Young Children. These services impact the development of over 700 children in the surrounding areas. For the fiscal year 2021-2022, the Agency consolidated the federal Head Start contract to include all services delivered to children and families, enhancing program governance and management functions.
Official website here: www.hranbct.org
Who is the CEO of Human Resources Agency Of New Britain Inc?
James Frohn is the Director of Human Resources Agency Of New Britain Inc.
Official website here: www.hranbct.org
What is the revenue of Human Resources Agency Of New Britain Inc?
Human Resources Agency Of New Britain Inc's revenue in 2022 was $23,463,117.
Official website here: www.hranbct.org
Who are the executives of Human Resources Agency Of New Britain Inc and what are their salaries?
The average compensation at Human Resources Agency Of New Britain Inc during 2022 was $31,038. There are 235 employees and 83 volunteers at Human Resources Agency Of New Britain Inc.
Here are 16 key members and their salaries:
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- Compensation: $124,221
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- Other: $19,525
Official website here: www.hranbct.org
Where can I find the form 990 for Human Resources Agency Of New Britain Inc?
Human Resources Agency Of New Britain Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hranbct.org
Learn more at the official website: www.hranbct.org
Mission Statement of Human Resources Agency Of New Britain Inc
Human Resources Agency of New Britain, a Community Action Agency, is dedicated to enhancing people's lives and helping them reach their economic and social potential. The organization addresses the root causes and conditions of poverty and strives to build stronger individuals, families, and communities.
In the realm of early childhood development, Human Resources Agency of New Britain offers top-tier, affordable services accredited by the National Association for the Education of Young Children (NAEYC). Their programs encompass Head Start, School Readiness, State Head Start, and DOE Childcare. HRA's Head Start program has gained recognition for its excellence from the Administration for Children and Families. The impact of these services reaches 700 children in New Britain, Bristol, and the surrounding areas, shaping their educational, physical, social, and emotional growth. For the fiscal year 2021-2022, HRA consolidated the federal Head Start contract to incorporate all services delivered to children and families, enhancing program governance and management functions.
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Impact
August, 2024
The Human Resources Agency Of New Britain Inc makes a significant impact on its community by providing quality and affordable early childhood services. Accredited by the National Association for the Education of Young Children (NAEYC), their programs such as Head Start, School Readiness, State Head Start, and DOE Childcare positively influence the educational, physical, social, and emotional development of 700 children in New Britain, Bristol, and surrounding areas. The agency's dedication to enhancing program governance and management functions through federal contract consolidation demonstrates their commitment to improving the quality of life for individuals and families in the Greater New Britain and Bristol areas.
This information is meant to be a general summary of Human Resources Agency Of New Britain Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $169
- Program Service Revenue: $1,670,601
- Gross Receipts: $23,463,117
Assets and Liabilities:
- Total Assets: $17,080,908
- Total Liabilities: $10,285,459
- Net Assets: $6,795,449
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT FEES
Revenue
$1,670,601
Organization Details
Founding Year
1964
Phone
(860) 225-8601Principal Officer
James Frohn
Main Address
180 CLINTON STREET, NEW BRITAIN, CT, 06053
Website
www.hranbct.orgNTEE Category
Code: P200 - Human services
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