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 04/2022, Glastonbury Free Academy Inc generated $40.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $46.4k during the year ending 04/2022. While expenses have increased by 9.6% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
GLASTONBURY HIGH SCHOOL330 HUBBARD STREETGLASTONBURY, CT 06033
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Purtill President | 2 | $0 | |
Susan Gmotycka Vice President | 5 | $0 | |
Barbara Bailey Secretary | 2 | $0 | |
Henry Hunt Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $40,366 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $40,366 |
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 | $347 |
Total expenses | $46,350 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $43,402 |
Other assets | $0 |
Total assets | $420,666 |
Total liabilities | $375 |
Net assets or fund balances | $420,291 |
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