Readyct Inc

Organization Overview

Readyct Inc is located in Hartford, CT. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Readyct Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Readyct 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, Readyct Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 6.5% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

READYCT WORKS TO ADVANCE ACADEMIC EXCELLENCE AND CAREER-CONNECTED LEARNING FOR ALL PUBLIC SCHOOL STUDENTS IN CONNECTICUT THROUGH COLLABORATION WITH BUSINESS, CIVIC, AND EDUCATION LEADERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

READYCT WORKS WITH A RANGE OF STAKEHOLDERS INCLUDING THE CT STATE DEPARTMENT OF EDUCATION, LOCAL EDUCATIONAL AGENCIES, PUBLIC EDUCATION ORGANIZATIONS (E.G., CAPSS, CAS, CABE), BUSINESS LEADERS, AND STUDENTS/PARENTS TO IMPLEMENT PROGRAMS THAT PROVIDE FUTURE-READY LEARNING, WITH AN EMPHASIS ON WORK-BASED LEARNING EXPERIENCES (E.G., INTERNSHIPS). AS OF JUNE 2022, READYCT HAS TEN CAREER-THEMED PATHWAYS WITHIN ITS PORTFOLIO, AS WELL AS AN ENTREPRENEURIAL SUMMER LEARNING PROGRAM. WITH REGARD TO EDUCATORS, READYCT'S RECENT PROGRAMMING HAS INCLUDED A REUNION EVENT TO GAUGE THE IMPACT OF EARLY INVESTMENTS IN LITERACY LEADERSHIP, A STATEWIDE K-12 COMPUTER SCIENCE EDUCATION SUMMIT, AND A STEM-FOCUSED EDUCATOR EXTERNSHIP PROGRAM WHEREIN TEACHERS "INTERN" WITH LOCAL BUSINESSES TO LEARN FROM EMPLOYEES ABOUT THE JOBS FOR WHICH TEACHERS ARE PREPARING STUDENTS.


READYCT'S MOST RECENT POLICY WORK HAS BEEN AT THE ADMINISTRATIVE LEVEL. THE WORK INCLUDES ENGAGEMENT WITH THE GOVERNOR'S WORKFORCE COUNCIL EDUCATION + TRAINING AND WORK-BASED LEARNING COMMITTEES, CHARGED WITH BETTER ALIGNING THE STATE'S PUBILC EDUCATION SYSTEM WITH CONNECTICUT'S WORKFORCE NEEDS.


READYCT RAISES PUBLIC AWARENESS THROUGH E-MARKETING, MEDIA OUTREACH, SOCIAL MEDIA, AND ITS WEBSITE, WORKING TO PRODUCE ENGAGING CONTENT FOR A RANGE OF STAKEHOLDERS. STAKEHOLDERS INCLUDE STUDENTS, PARENTS, TEACHERS, FUNDERS, PARTNERS, COLLABORATORS, LEGISLATORS, AND OTHER INFLUENCERS.


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Board, Officers & Key Employees

Name (title)Compensation
Shannon M Marimon
Executive Director
$201,046
Sheryl Mcnamee
Director Of Public Affairs
$111,222
Jeff Auker
Vice Chairman
$0
Joe Voelker
Chairman
$0
Rick Sharma
Secretary/treasurer
$0
Jason Trujillo
Director
$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$1,813,882
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,813,882
Total Program Service Revenue$450,528
Investment income $1,577
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 $2,265,987

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Readyct Inc has recieved totaling $785,075.

Awarding OrganizationAmount
Travelers Foundation

St Paul, MN

PURPOSE: PROGRAM SUPPORT FOR PATHWAYS AND WEAVER HIGH SCHOOL CAREER PATHWAYS PELABS PROJECT BASED LEARNING

$534,000
Infosys Foundation Usa

New York, NY

PURPOSE: FOR ADVOCACY AND AWARENESS

$76,500
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$64,575
Social Venture Partners Connecticut Inc

Westport, CT

PURPOSE: General operating support

$25,000
H A Vance Foundation Inc

West Hartford, CT

PURPOSE: SUPPORT STUDENT 5.0: CLASS OF 2021 POST GRADUATION PLANNING

$25,000
Fairfield Countys Community Foundation Inc

Norwalk, CT

PURPOSE: FOR GENERAL SUPPORT.

$20,000
View Grant Recipient Profile

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