Rta Incorporated
- Assets
- $16.1m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 4
- Location
- New Haven, CT
- Founding
- 02/1966
- Data as of
- 06/2021
- EIN
- 06-0768741
Organization Overview
Rta Incorporated is located in New Haven, CT. The organization was established in 1966. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Rta Incorporated employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rta Incorporated 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 06/2021, Rta Incorporated generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $575.7k during the year ending 06/2021. While expenses have increased by 5.7% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE STRUCTURED PROGRAMS OF INTELLECTUAL INQUIRY, SENSITIVITY TRAINING AND PERSONAL DEVELOPMENT FOR STUDENTS OF YALE UNIVERSITY FOCUSING ON TOPICS OF INTELLECTUAL, POLITICAL OR CULTURAL IMPORTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS - STRUCTURED PROGRAMS OF INTELLECTUAL INQUIRY, SENSITIVITY TRAINING AND PERSONAL DEVELOPMENT FOR STUDENTS OF YALE UNIVERSITY FOCUSING ON TOPICS OF INTELLECTUAL, POLITICAL OR CULTURAL IMPORTANCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wesley J Spear President | OfficerTrustee | 10 | $0 |
Meredith Potter Secretary | Officer | 5 | $0 |
Andrew Klaber Treasurer | Officer | 8 | $0 |
Harry Davison Investment Chair | Officer | 1 | $0 |
James Petela Administrator | Officer | 20 | $0 |
Regina Bain Director | Trustee | 1 | $0 |
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 | $693,165 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $693,165 |
| Total Program Service Revenue | $0 |
| Investment income | $235,705 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,062,841 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,991,711 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $57,600 |
| Compensation of current officers, directors, key employees. | $14,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,709 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,832 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,769 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,234 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,336 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $199,381 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,195 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,475 |
| Insurance | $26,627 |
| All other expenses | $0 |
| Total functional expenses | $575,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $499,980 |
| Savings and temporary cash investments | $2,816,596 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $704,703 |
| Net Land, buildings, and equipment | $717,070 |
| Investments—publicly traded securities | $11,389,132 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,127,481 |
| Accounts payable and accrued expenses | $4,125 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,125 |
| Net assets without donor restrictions | $15,957,296 |
| Net assets with donor restrictions | $166,060 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,127,481 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rta Incorporated has recieved totaling $39,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $29,000 |
Wolfe Fam Charitable Foundation Tr Sylvania, OH PURPOSE: TO SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $14,315,432 |
| Earnings | $1,298,546 |
| Admin Expense | $97,234 |
| Net Contributions | $693,165 |
| Ending Balance | $16,209,909 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |
Boston Plastic & Oral Surgery Foundation Inc Boston, MA | $28,248,674 | $23,739,730 |
El Education Inc New York, NY | $28,362,379 | $30,858,452 |
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |