Glastonbury Free Academy Inc
- Assets
- $437.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glastonbury, CT
- Founding
- 05/1975
- Data as of
- 04/2024
- EIN
- 06-6049491
Organization Overview
Glastonbury Free Academy Inc is located in Glastonbury, CT. The organization was established in 1975. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glastonbury Free Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2024, Glastonbury Free Academy Inc generated $45.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $39.5k during the year ending 04/2024. While expenses have increased by 5.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
GLASTONBURY HIGH SCHOOL330 HUBBARD STREETGLASTONBURY, CT 06033
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Gmotycka Vice President | 5 | $0 | |
George Purtill President | 2 | $0 | |
Barbara Bailey Secretary | 2 | $0 | |
Emily Scheyd Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $45,260 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,260 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $190 |
| Total expenses | $39,534 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,554 |
| Other assets | $0 |
| Total assets | $437,818 |
| Total liabilities | $375 |
| Net assets or fund balances | $437,443 |