Center For Advocacy Research & Education Of Connecticut Inc
- Assets
- $6.1m
- Revenue
- $777.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Hartford, CT
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 06-1445680
Organization Overview
Center For Advocacy Research & Education Of Connecticut Inc is located in Hartford, CT. The organization was established in 1996. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 12/2022, Center For Advocacy Research & Education Of Connecticut Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Advocacy Research & Education Of Connecticut 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 12/2022, Center For Advocacy Research & Education Of Connecticut Inc generated $777.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $279.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL AND VOCATIONAL TRAINING FOR YOUTH AND DISABLED
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVE SECONDARY AND POST SECONDARY VOCATIONAL EDUCATIONAL OUTCOMES FOR DISABLED YOUTH AND ADULTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elin Houseworth Secty, Treasurer, Vp, Ed | OfficerTrustee | 20 | $96,000 |
Peter Houseworth VP | Trustee | 0.25 | $0 |
Scott Wells President, CEO | OfficerTrustee | 3 | $0 |
Teresa Larue VP | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,033 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,333 |
| Total Program Service Revenue | $6,476 |
| Investment income | $139,425 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $594,262 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $777,910 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,028 |
| 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. | $96,000 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,368 |
| Pension plan accruals and contributions | $3,840 |
| Other employee benefits | $0 |
| Payroll taxes | $8,195 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,743 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,212 |
| Fees for services: Other | $3,414 |
| Advertising and promotion | $0 |
| Office expenses | $4,391 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,287 |
| Travel | $7,319 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $84 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $889 |
| Insurance | $7,367 |
| All other expenses | $0 |
| Total functional expenses | $279,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105 |
| Savings and temporary cash investments | $47,625 |
| 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 | $0 |
| Net Land, buildings, and equipment | $21,671 |
| Investments—publicly traded securities | $6,010,495 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,079,896 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $6,079,896 |
| Net assets with donor restrictions | $0 |
| 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 | $6,079,896 |
Grants Awarded
Over the last fiscal year, Center For Advocacy Research & Education Of Connecticut Inc has awarded $28,917 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OPTIONS EMPLOYMENT AND EDUCATION LLC PURPOSE: FOOD PROGRAM | $18,917 |
CENTER FOR CHILDREN'S ADVOCACY PURPOSE: LEGAL ADVOCACY | $10,000 |