Totals
- Total revenue
- $9,857,796
- Total expenses
- $9,562,541
- Contributions and grants received
- $6,283,155
- Grants paid
- $113,770
- Program service revenue
- $3,051,425
- Investment income
- $45,824
- Other revenue
- $477,392
- Total assets, end of year
- $5,887,216
- Total liabilities, end of year
- $664,312
- Net assets or fund balances, end of year
- $5,222,904
- Program services expenses (Part IX)
- $8,550,828
- Management and general expenses
- $421,940
- Fundraising expenses
- $589,773
- Program service expenses (Part III)
- $8,550,828
Program services were 89.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$2,000,980
-
1f · All other contributions, gifts and grants
$4,282,175
-
1g · Noncash contributions included above
$432,924
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $3,051,425 · related or exempt $3,051,425
-
3 · Investment income
total $45,824 · related or exempt $45,824
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$595,855
-
8b · Fundraising events: direct expenses
$118,463
-
8c · Net income from fundraising events
total $477,392 · excluded $477,392
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $113,770 · program services $113,770
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $541,594 · program services $446,196 · management and general $53,662 · fundraising $41,736
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $5,089,397 · program services $4,684,778 · management and general $53,225 · fundraising $351,394
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $229,467 · program services $139,032 · management and general $39,006 · fundraising $51,429
-
10 · Payroll taxes
total $493,837 · program services $449,985 · management and general $9,375 · fundraising $34,477
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $98,492 · program services $88,643 · management and general $7,879 · fundraising $1,970
-
17 · Travel
total $28,836 · program services $28,826 · management and general $10
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $4,542 · program services $148 · management and general $3,788 · fundraising $606
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $140,954 · program services $126,858 · management and general $11,276 · fundraising $2,820
-
23 · Insurance
total $138,955 · program services $125,060 · management and general $11,116 · fundraising $2,779
-
24a · Other expenses: SUPPLIES & PROGRAM SERVICES
total $967,311 · program services $859,054 · management and general $83,535 · fundraising $24,722
-
24b · Other expenses: DISCOUNTS AND FINANCIAL AID
total $642,112 · program services $642,112
-
24c · Other expenses: TRANSPORTATION
total $285,078 · program services $272,483 · management and general $12,595
-
24d · Other expenses: SERVICE FEES & INTEREST EXP
total $263,657 · program services $231,426 · management and general $3,917 · fundraising $28,314
-
24e · All other expenses
total $524,539 · program services $342,457 · management and general $132,556 · fundraising $49,526
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,135,861 · end of year $1,528,801
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $189,193 · end of year $83,791
-
4 · Accounts receivable
beginning of year $20,027 · end of year $11,416
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $151,284 · end of year $109,913
-
10a · Land, buildings and equipment: cost or other basis
$4,824,158
-
10b · Land, buildings and equipment: accumulated depreciation
$1,301,574
-
10c · Land, buildings and equipment, net
beginning of year $2,839,658 · end of year $3,522,584
-
11 · Investments: publicly traded securities
beginning of year $859,129 · end of year $586,436
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $21,515 · end of year $44,275
-
17 · Accounts payable and accrued expenses
beginning of year $127,628 · end of year $346,804
-
19 · Deferred revenue
beginning of year $145,859 · end of year $273,235
-
25 · Other liabilities
beginning of year $21,516 · end of year $44,273
-
27 · Net assets without donor restrictions
beginning of year $2,424,296 · end of year $3,465,851
-
28 · Net assets with donor restrictions
beginning of year $2,497,368 · end of year $1,757,053
Mission and programs · 2023
Mission
Carvers mission is to equip all learners for global competitiveness by leading strategic partnerships with schools and communities that advance excellence and growth opportunities. Carver operates over 60+ programs for more than 3,000 K-12 students in before-school, after-school, summer, and community initiatives. Programs engage students across all K-12 public schools in Norwalk, Side by Side Charter School, Classical Studies Magnet Academy in Bridgeport, four public elementary schools in Bridgeport, Naugatuck High School, Stamford High School, and the Carver Community Center; also include paid internships for high school students. Aligned with in-school curricula and led by certified teachers from within the students schools, these programs provide essential support, ensuring students advance to the next grade level with the knowledge and skills necessary for success.
Activities or mission (Part I)
TO EQUIP ALL LEARNERS FOR GLOBAL COMPETITIVENESS BY LEADING STRATEGIC PARTNERSHIPS WITH SCHOOLS AND COMMUNITIES THAT ADVANCE EXCELLENCE AND GROWTH OPPORTUNITIES.
-
The Carvers methodology is grounded in a partnership-driven approach. By fostering strong, supportive relationships with educational institutions, Carver works closely with schools to address unique challenges and align resources with community priorities. This embedded, responsive strategy ensures that our focus remains on enhancing educational outcomes and providing meaningful support to the school communities it serves.
Expenses $8,550,828
As filed on the 2023 return.
Listed in Part VII
-
novelette peterkin
CEO
- Total calculated
- $296,015
- From this org
- $270,498
- From related orgs
- $0
- Other
- $25,517
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $270,498
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $25,517
- Filer's total
- $296,015
-
Elizabeth FinnELIZABETH FINN
CFO
- Total calculated
- $135,562
- From this org
- $135,000
- From related orgs
- $0
- Other
- $562
- Hours/week
- 40
-
brian allert
Ch Prog Officer
- Total calculated
- $127,439
- From this org
- $117,160
- From related orgs
- $0
- Other
- $10,279
- Hours/week
- 40
-
Nikki LafayeNIKKI LAFAYE
DIR OF PHILANTHROP
- Total calculated
- $123,627
- From this org
- $100,183
- From related orgs
- $0
- Other
- $23,444
- Hours/week
- 40
-
Tricia MassuccoTRICIA MASSUCCO
DIR OF ELEM PROG
- Total calculated
- $122,911
- From this org
- $97,557
- From related orgs
- $0
- Other
- $25,354
- Hours/week
- 40
-
clinton hamilton
COO
- Total calculated
- $118,140
- From this org
- $109,372
- From related orgs
- $0
- Other
- $8,768
- Hours/week
- 40
-
James SchafferJAMES SCHAFFER
DIR OF DEVELOPMENT
- Total calculated
- $112,931
- From this org
- $112,700
- From related orgs
- $0
- Other
- $231
- Hours/week
- 40
-
Diana NapierDIANA NAPIER
PAST President
- Total calculated
- $0
- Hours/week
- 1
-
Deborah BrennanDEBORAH BRENNAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Phillip ButterfieldPHILLIP BUTTERFIELD
President
- Total calculated
- $0
- Hours/week
- 1
-
Diaghilev Lubin-FarnellDIAGHILEV LUBIN-FARNELL
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jay HINTON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Valerie WatsonVALERIE WATSON
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Drew SeathDREW SEATH
Director
- Total calculated
- $0
- Hours/week
- 1
-
Inwha HuhINWHA HUH
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mark OrtizMARK ORTIZ
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Charles BurnsCHARLES BURNS
PRESIDENT EMERI
- Total calculated
- $0
- Hours/week
- 1
-
Brooke SorensenBROOKE SORENSEN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan WhitcombJONATHAN WHITCOMB
CORPORATE COUNS
- Total calculated
- $0
- Hours/week
- 1
-
Robert PenningtonROBERT PENNINGTON
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403159349300810
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