Norwalk Acts Inc
- Assets
- $1.1m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 20
- Location
- Norwalk, CT
- Founding
- 06/2019
- Data as of
- 06/2024
- EIN
- 82-5334443
Organization Overview
Norwalk Acts Inc is located in Norwalk, CT. The organization was established in 2019. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Norwalk Acts Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norwalk Acts 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 06/2024, Norwalk Acts Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $1.4m during the year ending 06/2024. While expenses have increased by 24.7% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLECTIVELY TRANSFORM SYSTEMS BY ENSURING RESOURCES, POLICIES, PRACTICES, AND POWER STRUCTURES ACTIVELY DISMANTLE RACISM AND DRIVE EQUITABLE OUTCOMES FOR EVERY NORWALK CHILD AND YOUNG PERSON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONNECTS PEOPLE, ORGANIZATIONS, AND SYSTEMS THROUGHOUT NORWALK TO ALIGN EFFORTS AND WORK IN PARTNERSHIP TO COORDINATE IMPROVEMENTS AT EVERY DEVELOPMENTAL STAGE SO THAT CHILDREN ARE ON TRACK ACADEMICALLY, PHYSICALLY, AND SOCIALLY-EMOTIONALLY, FROM CRADLE TO CAREER. OUR WORK IS FOCUSED IN THREE DISTINCT AREAS - EARLY CHILDHOOD DEVELOPMENT, SOCIAL-EMOTIONAL HEALTH, AND COLLEGE & WORKFORCE DEVELOPMENT. THE ORGANIZATION BUILDS AND MAINTAINS A COLLECTIVE IMPACT MEMBERSHIP WHICH INCLUDES; ENGAGING INDIVIDUALS, GROUPS, AND LEADERS, COLLECTING AND ANALYZING DATA, MANAGING COMMUNICATION, FACILITATING MEETINGS, COORDINATING ALIGNMENT OF SERVICES, BUILDING ACCOUNTABILITY STRUCTURES, ASSERTING INFLUENCE TO ACCOMPLISH THE GOALS OF THE PARTNERSHIP, ADVOCATING FOR RESOURCES, AND BUILDING A DATA INFORMED CULTURE WITHIN THE MEMBERSHIP TO DRIVE DECISION MAKING AND RESOURCE ALLOCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer D Barahona CEO | OfficerTrustee | 40 | $178,095 |
Adam Bovinsky Director | Trustee | 1 | $0 |
Orlando Aquino Director | Trustee | 1 | $0 |
Rob Cashel Director | Trustee | 1 | $0 |
Michael Chambers Director | Trustee | 1 | $0 |
Cathy Decesare Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $195,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,301,241 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,496,241 |
| Total Program Service Revenue | $66,173 |
| Investment income | $24,302 |
| 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 | $1,586,716 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $124,500 |
| 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. | $182,708 |
| Compensation of current officers, directors, key employees. | $73,083 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $668,041 |
| Pension plan accruals and contributions | $14,425 |
| Other employee benefits | $83,983 |
| Payroll taxes | $77,537 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,019 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,147 |
| Advertising and promotion | $0 |
| Office expenses | $1,908 |
| Information technology | $22,393 |
| Royalties | $0 |
| Occupancy | $13,545 |
| Travel | $19,714 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,887 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $379 |
| Insurance | $5,162 |
| All other expenses | $71,881 |
| Total functional expenses | $1,373,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $525,032 |
| Pledges and grants receivable | $7,500 |
| Accounts receivable, net | $7,915 |
| 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 | $14,565 |
| Net Land, buildings, and equipment | $1,103 |
| Investments—publicly traded securities | $524,244 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $18 |
| Other assets | $2,200 |
| Total assets | $1,082,577 |
| Accounts payable and accrued expenses | $40,313 |
| 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 | $40,313 |
| Net assets without donor restrictions | $839,809 |
| Net assets with donor restrictions | $202,455 |
| 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 | $1,082,577 |
Grants Awarded
Over the last fiscal year, Norwalk Acts Inc has awarded $124,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF COASTAL & WESTERN CT PURPOSE: TO IMPROVE OUTCOMES FOR CHILDREN AND THEIR FAMILIES | $83,000 |
WATERBURY BRIDGE TO SUCCESS COMMUNITY PARTNERSHIP PURPOSE: TO IMPROVE OUTCOMES FOR CHILDREN AND THEIR FAMILIES | $22,000 |
UNITED WAY OF GREATER WATERBURY PURPOSE: TO IMPROVE OUTCOMES FOR CHILDREN AND THEIR FAMILIES | $19,500 |