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Grace Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271673012 ✦ Hartford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Grace Academy Inc?

Grace Academy Inc, located in Hartford, Connecticut, is an independent, interfaith, tuition-free middle school designed to serve underprivileged girls. The Academy's primary focus is on providing individualized attention to its students, fostering a safe and inspiring environment that encourages their growth and prepares them for high school, college, and beyond. The academic program is diverse and challenging, encompassing subjects such as language arts, mathematics, science, social studies, Spanish, religion, media/technology, health, art, and music. The school's small, structured classes ensure ample attention for each student, and a designated homework block is complemented by individual tutoring sessions. Grace Academy Inc maintains a total of 38 employees dedicated to transforming the lives of its students.


Official website here: www.graceacademyhartford.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

Grace Academy Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance primarily in the area of accountability and finance. The organization achieved an impressive score of 81% in this category, reflecting strong fiscal management and operational integrity.

One of the key strengths of Grace Academy is its governance structure, with 92% of its board members being independent. This independence is critical for maintaining objectivity and ensuring that the charity operates in the best interest of its mission. Additionally, the nonprofit has received full marks in areas such as conflict of interest policies and document retention practices, demonstrating a commitment to transparency and ethical standards.

However, while Grace Academy’s financial health appears robust, the overall rating is based solely on accountability and finance metrics. There may be a lack of information on other operational aspects, such as program impact or community engagement, which could provide a more comprehensive view of its effectiveness. Nonetheless, the organization’s high program expense ratio indicates that a significant majority of its funding is directed toward its programs, suggesting a focus on fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Grace Academy Inc?

Grace Academy Inc has received an impressive rating with 100% of reviewers on Facebook recommending the organization. Here is a summary of their reviews:

Many individuals have expressed profound gratitude for the impact Grace Academy has had on their lives, highlighting the supportive environment and empowering staff. Reviewers emphasized the strong commitment from teachers, who are viewed as dedicated advocates for their students' growth and personal development.

Overall, the sentiment reflects a deep appreciation for the opportunities provided by Grace Academy, showcasing it as a place where individuals can truly transform their lives and regain confidence in themselves.


This AI summary has been generated from reviews found on Facebook.

Is Grace Academy Inc legitimate?

Grace Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Academy 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: $136,533
Professional Fundraising Fees: $0
Other Salaries and Wages: $628,897

For more financial information, click here


Official website here: www.graceacademyhartford.org

What is the mission statement of Grace Academy Inc?

Grace Academy Inc, as an independent and interfaith institution, provides a tuition-free middle school education for girls from underprivileged families. Their mission is to significantly impact the lives of these students by offering individualized attention, a diverse and challenging academic program, and a safe and inspiring environment. This comprehensive approach aims to prepare the girls for success in high school, college, and beyond.


Official website here: www.graceacademyhartford.org

Who is the CEO of Grace Academy Inc?

Kathleen Bromage is the Chairman of Grace Academy Inc.


Official website here: www.graceacademyhartford.org

What is the revenue of Grace Academy Inc?

Grace Academy Inc's revenue in 2023 was $1,399,530.


Official website here: www.graceacademyhartford.org

Who are the executives of Grace Academy Inc and what are their salaries?

The average compensation at Grace Academy Inc during 2023 was $20,143. There are 38 employees and 60 volunteers at Grace Academy Inc.


Here are 25 key members and their salaries:


Michael Bergin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Bromage (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marco Carducci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Centrone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Charette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Mary Rose Crowley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Lahr Fitzsimons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Herrera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Mcphee (Director)
  • Compensation: $18,692
  • Related: $0
  • Other: $0
Virginia Moran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Morrisey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Sliney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Fitzsimons (Former Executive Director)
  • Compensation: $76,154
  • Related: $0
  • Other: $0
Hillary Rockwell Cahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Jarmoc (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Jean-Louis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne L Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Marin Lautier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lakesha Rivera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janel Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Groth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Hilly-Lilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Tressy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvette Highsmith-Francis (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Princess Hyatt (Executive Director)
  • Compensation: $41,687
  • Related: $0
  • Other: $0


Official website here: www.graceacademyhartford.org

Where can I find the form 990 for Grace Academy Inc?

Grace Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.graceacademyhartford.org

Learn more at the official website: www.graceacademyhartford.org

Mission Statement of Grace Academy Inc

Grace Academy Inc, an independent and interfaith organization, operates a tuition-free middle school for girls from underserved families. The mission of Grace Academy Inc is to significantly impact the lives of its students by providing them with individualized attention, a challenging and diverse academic program, and a secure and inspiring environment. This environment is designed to prepare these girls for success in high school, college, and beyond. By offering a nurturing and supportive atmosphere, Grace Academy Inc strives to empower its students, enabling them to reach their full potential and thrive in various aspects of life.

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Impact




October, 2024

Grace Academy Inc plays a transformative role in the lives of girls from underserved families in Hartford. By offering a tuition-free middle school education, it opens doors to academic opportunities that many of its students may not otherwise access. The school focuses on individualized attention, ensuring that each girl receives tailored support in her learning journey.

The academic curriculum is rigorous and diverse, encompassing essential subjects such as language arts, mathematics, science, and social studies, alongside creative disciplines like art, music, and technology. This comprehensive approach fosters not only intellectual growth but also personal development.

Moreover, the intentionally small class sizes create an environment where students feel safe and inspired to explore their potential. The availability of individual tutoring during dedicated homework time further enhances learning outcomes.

By equipping its students with the skills and knowledge necessary to thrive in high school and beyond, Grace Academy Inc truly prepares them for lifelong success. The impact extends beyond academics, instilling confidence and fostering a sense of community among young girls, empowering them to achieve their dreams.




This information is meant to be a general summary of Grace Academy 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.

Revenue
$1,399,530 (2023)
Expenses
$1,395,592 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $112,442
  • Program Service Revenue: $4,165
  • Gross Receipts: $2,021,478

Assets and Liabilities:

  • Total Assets: $4,714,110
  • Total Liabilities: $34,498
  • Net Assets: $4,679,612

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDENT ACTIVITY FEES

Revenue

$4,165

Organization Details

Founding Year

2010

Principal Officer

Kathleen Bromage

Main Address

457 MAIN STREET, HARTFORD, CT, 06103

NTEE Category

Code: B20 - Education

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