READYCT INC

HARTFORD, CT, 06103-1136 (860) 244-1900 Est. 2011 EIN 27-4704040

B90— Education Form 990 501(c)(3)

www.ctedreform.org

Mission

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.

Financials

Total Revenue

$5,998,405

Total Expenses

$5,179,604

Net Assets

$2,792,741

48 employees 250 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

6.5 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 60.2%

Expenses ↑ 48.6%

Revenue Sources

Contributions 73.8% Earned revenue 25.9% Investment 0.2%

Expense Breakdown

Program 89.0% Management 10.7% Fundraising 0.3%

Officers & Key Employees (30)

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Grants Received (31)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$5,998,405 ↑	$5,179,604	$2,792,741
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$3,743,553 ↑	$3,485,980	$1,973,940
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$2,265,987 ↑	$2,015,748	$1,716,367
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$1,687,275 ↑	$1,542,610	$1,466,128
2018 Form 990 Jan 1, 2018 to Dec 31, 2018	$104,959	$480,496	$693,350