Glastonbury Abc Inc is located in Glastonbury, CT. The organization was established in 1974. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Glastonbury Abc Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glastonbury Abc 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 06/2022, Glastonbury Abc Inc generated $68.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $78.4k during the year ending 06/2022. 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
ADVANCEMENT IN EDUCATION FOR STUDENT SCHOLARS FROM GEOGRAPHICALLY DISADVANTAGED AREAS BY PROVIDING LODGING, MEALS, EDUCATIONAL ACTIVITIES AND SCHOLASTIC SUPPORT WHILE ATTENDING GLASTONBURY HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCEMENT IN EDUCATION FOR STUDENT SCHOLARS FROM GEOGRAPHICALLY DISADVANTAGED AREAS BY PROVIDING LODGING, MEALS, EDUCATIONAL ACTIVITIES, AND SCHOLASTIC SUPPORT WHILE ATTENDING GLASTONBURY HIGH SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emmanuel Onikuyide Treasurer | OfficerTrustee | 12 | $0 |
Rhonda Rawlins President | OfficerTrustee | 10 | $0 |
Robyn Guimont Secretary | OfficerTrustee | 3 | $0 |
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 | $96,674 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $96,674 |
Total Program Service Revenue | $0 |
Investment income | -$28,633 |
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 | $68,041 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $17,939 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,372 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,850 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $32,563 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,524 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $78,366 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,790 |
Savings and temporary cash investments | $97,940 |
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 | $3,623 |
Net Land, buildings, and equipment | $218,954 |
Investments—publicly traded securities | $287,162 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $50 |
Total assets | $613,519 |
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 | $613,519 |
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 | $613,519 |
Over the last fiscal year, we have identified 4 grants that Glastonbury Abc Inc has recieved totaling $23,789.
Awarding Organization | Amount |
---|---|
Hartford Foundation For Public Giving Hartford, CT PURPOSE: CAPITAL GRANTS | $20,000 |
Acorn Alcinda Foundation Inc Exeter, NH PURPOSE: SUPPORT EDUCATION OF THE LESS FORTUNATE | $2,500 |
William And Ellen E Macristy Foundation Inc Glastonbury, CT PURPOSE: CHARITY | $1,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
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Uchcfc Circle Road Corp Farmington, CT | $184,016,128 | $11,665,579 |
United Community Schools Inc New York, NY | $17,599,679 | $9,226,471 |
Friends Of Hellenic Classical Charter Schools Inc Brooklyn, NY | $82,915,888 | $678,941 |
Massachusetts Green High Performance Computing Center Inc Holyoke, MA | $16,995,884 | $7,668,165 |
Student Achievement Partners Inc New York, NY | $8,247,794 | $7,455,301 |
Uka Facilities Foundation Inc New York, NY | $167,163,417 | $25,000 |
Hill For Literacy Inc Woburn, MA | $4,985,114 | $5,142,068 |
Springfield Empowerment Zone Partnership Inc Springfield, MA | $1,933,246 | $3,615,602 |
Kipp Nyc Facility Holdings Inc New York, NY | $55,626,281 | $7,128,309 |
Successful Practices Network Inc Ballston Spa, NY | $2,522,540 | $4,135,083 |
Babson Global Inc Babson Park, MA | $57,693,168 | $4,620,069 |
Child Development Council Of Central New York Inc Ithaca, NY | $1,820,043 | $2,905,213 |