Hartford Youth Scholars Foundation Inc

Organization Overview

Hartford Youth Scholars Foundation Inc is located in Hartford, CT. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Hartford Youth Scholars Foundation Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hartford Youth Scholars Foundation 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 12/2021, Hartford Youth Scholars Foundation Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $936.4k during the year ending 12/2021. While expenses have increased by 4.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INCREASE THE NUMBER OF HARTFORD STUDENTS WHO ATTEND AND GRADUATE FROM FOUR-YEAR COLLEGES AND UNIVERSITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ACADEMIC ENRICHMENT PROGRAMS AND SUPPORT SERVICES TO HARTFORD SCHOOL CHILDREN TO ENSURE COLLEGE COMPLETION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,126,355
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,126,355
Total Program Service Revenue$0
Investment income $31,736
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,158,091

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Hartford Youth Scholars Foundation Inc has recieved totaling $229,897.

Awarding OrganizationAmount
Travelers Foundation

St Paul, MN

PURPOSE: PROGRAM SUPPORT FOR THE COLLEGIATE ACADEMY AND SCHOLAR SUCCESS HIGH SCHOOL COLLEGE PROGRAMS

$85,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$26,397
Lincoln Financial Foundation Inc

Radnor, PA

PURPOSE: EDUCATION PROGRAMS

$25,000
Hartford Foundation For Public Giving

Hartford, CT

PURPOSE: EDUCATION

$20,000
J Walton Bissell Foundation Inc

West Hartford, CT

PURPOSE: GENERAL OPERATING SUPPORT

$15,000
Hartford Foundation For Public Giving

Hartford, CT

PURPOSE: GENERAL OPERATING SUPPORT

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,303,099
Earnings$160,384
Other Expense$43,858
Ending Balance$1,419,624

Peer Organizations

Organization NameAssets
Alfred P Sloan Foundation
New York, NY
$192,527,982
Massachusetts Higher Education Assistance Corporation
Boston, MA
$124,087,298
Mastercard Impact Fund
Purchase, NY
$96,050,288
Arcus Foundation
New York, NY
$35,703,685
Edward P Evans
Andover, MA
$13,916,833
The Childrens Scholarship Fund
New York, NY
$24,710,520
Math For America Inc
New York, NY
$20,036,646
Ja Worldwide Inc
Boston, MA
$21,801,943
The Posse Foundation Inc
New York, NY
$44,739,225
Inner-City Scholarship Fund Inc
New York, NY
$24,751,034
Joan And Irwin Jacobs Technion-Cornell Innovation Instit
New York, NY
$18,316,542
Tikvah Fund
New York, NY
$6,270,985

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