Public Charity

ADVANCECT FOUNDATION INC

ADVANCECT FOUNDATION INC is a nonprofit organization categorized as Public Charity based in NEW HAVEN, CT. Its most recent IRS filing (2024) reports revenue of $53K, expenses of $2K, total assets of $183K. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $500K.

EIN: 844530545 NEW HAVEN, CT Latest filing: 2024
Total Revenue$53K
Total Expenses$2K
Total Assets$183K
Grant Records2
Funding Total$500K
Filing Years2020–2024

Mission

ADVANCECT FOUNDATION ADDRESSES ECONOMIC INEQUALITY IN CONNECTICUT THROUGH FUNDING WORKFORCE DEVELOPMENT AND SKILLS TRAINING, PARTICULARLY TARGETING DISTRESSED COMMUNITIES.

Officers & Directors

SECRETARY Donald Kendall Jr
CHAIR James Smith
PRESIDENT John W Bourdeaux
TREASURER Margaret Keane
CEO Peter Denious

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$450,000 1 grant
FOR GENERAL SUPPORT.
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $53K $2K $183K
2023 $51K $44K $133K
2022 $74K $69K $126K
2020 $1.0M $934K $72K

Between 2020 and 2024, reported annual revenue declined from $1.0M to $53K (-95%), with total assets most recently reported at $183K.

Interactive year-over-year charts and full filing details available with membership.

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