Overview
What is Readyct Inc?
Readyct Inc, based in Hartford, Connecticut, is a nonprofit organization that partners with various stakeholders, including the Connecticut State Department of Education, local educational agencies, and educational organizations, to implement future-ready learning programs with a focus on work-based learning experiences, such as internships. As of June 2022, Readyct Inc has ten career-themed pathways in its portfolio and an entrepreneurial summer learning program. The organization's recent initiatives for educators include a reunion event to assess the impact of literacy leadership investments, a statewide K-12 computer science education summit, and a STEM-focused educator externship program where teachers gain insights from local businesses to better prepare students for relevant jobs. Readyct Inc's mission is to advance academic excellence and career-connected learning for all public school students in Connecticut through collaboration with business, civic, and educational leaders. The organization currently employs 41 individuals.
Official website here: www.readyct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Readyct Inc has achieved an impressive Four-Star rating on Charity Navigator, reflecting its strong performance in Accountability & Finance with a score of 97%. This high rating indicates that the organization has a robust governance structure and financial practices, ensuring that funds are managed efficiently and responsibly.
The nonprofit boasts a fully independent board, with 19 members, which contributes to its strong oversight and accountability practices. It has also received perfect scores for its financial statements and policies to prevent conflicts of interest, showcasing a commitment to transparency and ethical management. Additionally, with a program expense ratio of 88.52%, a significant portion of its funds is directed towards its mission-based activities.
However, there is a noted concern regarding fundraising efficiency, with a ratio of $0.012. While this reflects a relatively low efficiency in fundraising relative to the total amount raised, the overall financial health and strong governance practices balance this aspect. Overall, Readyct Inc demonstrates a solid commitment to accountability, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Readyct Inc legitimate?
Readyct Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Readyct 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: $238,159
Professional Fundraising Fees: $0
Other Salaries and Wages: $952,548
For more financial information, click here
Official website here: www.readyct.org
What is the mission statement of Readyct Inc?
ReadyCT's mission is to promote academic excellence and career-connected learning for all public school students in Connecticut. They achieve this by collaborating with business, civic, and education leaders. Their primary goal is to implement programs that provide future-ready learning, with a focus on work-based learning experiences such as internships. As of June 2022, ReadyCT has ten career-themed pathways and an entrepreneurial summer learning program. In addition, they offer educational programming for educators, including events to gauge the impact of literacy leadership investments, a statewide K-12 computer science education summit, and a STEM-focused educator externship program where teachers "intern" with local businesses to learn about the jobs they are preparing students for.
Official website here: www.readyct.org
Who is the CEO of Readyct Inc?
Shannon Marimon is the Chairman of Readyct Inc.
Official website here: www.readyct.org
What is the revenue of Readyct Inc?
Readyct Inc's revenue in 2022 was $2,265,987.
Official website here: www.readyct.org
Who are the executives of Readyct Inc and what are their salaries?
The average compensation at Readyct Inc during 2022 was $29,042. There are 41 employees at Readyct Inc.
Here are 24 key members and their salaries:
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Official website here: www.readyct.org
Where can I find the form 990 for Readyct Inc?
Readyct Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.readyct.org
Learn more at the official website: www.readyct.org
Mission Statement of Readyct Inc
ReadyCT, a nonprofit organization, is dedicated to promoting academic excellence and career-connected learning for all public school students in Connecticut. They achieve this by collaborating with business, civic, and education leaders. The primary mission of ReadyCT is to enhance the educational experiences of students, focusing on future-ready learning and work-based learning opportunities, such as internships. Their goal is to prepare students for various careers, ensuring they are well-equipped for the future.
To achieve this mission, ReadyCT works closely with several stakeholders, including the Connecticut State Department of Education, local educational agencies, public education organizations, business leaders, and students/parents. They implement programs that provide students with practical, real-world learning experiences, ensuring they are well-prepared for the job market. As of June 2022, ReadyCT has ten career-themed pathways in its portfolio, as well as an entrepreneurial summer learning program.
In terms of educators, ReadyCT provides various programming to enhance their skills and knowledge. For instance, they have organized a reunion event to assess the impact of early investments in literacy leadership. Additionally, they have held a statewide K-12 computer science education summit and a STEM-focused educator externship program, where teachers "intern" with local businesses to learn about the job roles they are preparing students for. Through these initiatives, ReadyCT strives to empower educators, ensuring they are equipped to deliver high-quality education to their students.
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Impact
October, 2024
Readyct Inc significantly impacts academic excellence and career-connected learning in Connecticut by fostering collaboration among business, civic, and education leaders. By uniting these stakeholders, Readyct develops programs that enhance the educational landscape for public school students.
Their approach includes a strong focus on work-based learning experiences, such as internships, which bridge the gap between classroom education and real-world applications. As of mid-2022, Readyct offers ten career-themed pathways and an entrepreneurial summer learning program, ensuring students gain valuable skills and insights relevant to their future careers.
For educators, Readyct provides professional development opportunities, including events to assess literacy leadership interventions and initiatives like the statewide K-12 computer science education summit. Furthermore, the STEM-focused educator externship program allows teachers to collaborate with local businesses, equipping them with first-hand knowledge about the skills and competencies needed in various industries.
Through these multifaceted programs and partnerships, Readyct Inc aims to create a future-ready educational ecosystem that prepares students not just academically, but also for successful careers, directly benefiting the community and the state's economy.
This information is meant to be a general summary of Readyct 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: $1,577
- Program Service Revenue: $450,528
- Gross Receipts: $2,265,987
Assets and Liabilities:
- Total Assets: $1,875,248
- Total Liabilities: $158,881
- Net Assets: $1,716,367
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$450,528
Organization Details
Founding Year
2011
Phone
(860) 244-1900Principal Officer
Shannon Marimon
Main Address
350 CHURCH STREET, HARTFORD, CT, 06103
Website
www.readyct.orgNTEE Category
Code: B90 - Education
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