Grace Academy INC
Educates underserved girls from Hartford with a challenging, tuition-free middle school program. For fiscal year 2025 it reported $2.3M in revenue, $1.5M in expenses, and $5.8M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Hartford, CT
- Website
- www.graceacademyhartford.org
- Filings
- 6 on file (2020–2025)
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Summary of the Filing
Where the work happens
Academics
Academics are the cornerstone of a grace academy education. The faculty is always mindful that they are preparing their young students to succeed in demanding high school and college programs.
Graduate Support Program
Grace academy's goal is that all of its students successfully graduate from a selective, highly regarded, college preparatory high school, and continue on to post-secondary education so they are in the position to support themselves, their families, and help change their communities.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Princess Hyatt’s $130K as Executive Director is at the 53rd percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Princess Hyatt | $130,000 | $121,602 | $41,687 | — | — | — |
| Matthew Fitzsimons | — | — | $76,154 | $107,115 | $113,269 | $94,346 |
| Lindsey McPhee | $24,673 | $27,923 | $18,692 | $15,000 | $5,154 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 74% | — | — |
| Overhead ratio | 14% | — | — |
| Fundraising cost ratio | 10% | — | — |
| Revenue growth | 44% | — | — |
| Investment management fee ratio | 0.4% | — | — |
| Accounting fee ratio | 1.0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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