Skip to main content

Nonprofit · EIN 81-0924703

HARTFORD PROMISE INC

Tax-exempt · HARTFORD, CT 06114

Financials

$2.1M$2.3M2022$2.4M$2.6M2023$3.2M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of HARTFORD PROMISE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,242,664$2,646,500$596,164$5,666,006$51,689$5,614,317
June 30, 2024990$2,435,915$2,639,455-$203,540$5,076,891$58,738$5,018,153
June 30, 2023990$2,138,546$2,260,796-$122,250$5,250,940$29,247$5,221,693
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,044,285
Program service revenue
$0
Investment income
$198,379
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,512,066
Compensation of officers, directors and key employees
$143,656
Other salaries and wages
$700,083
Salaries, compensation and benefits (total)
$995,210
Professional fundraising fees
$0
Accounting fees
$41,938
Occupancy
$18,976
Travel
$3,661
Depreciation
$9,998
Program services (functional)
$2,182,680
Management and general (functional)
$258,159
Fundraising (functional)
$205,661

Balance sheet and other

Total assets, start of year
$5,076,891
Total assets, end of year
$5,666,006
Total liabilities, end of year
$51,689
Net assets, end of year
$5,614,317
Land, buildings and equipment
$24,640
Net assets without donor restrictions
$2,985,945
Net assets with donor restrictions
$2,628,372
Gross receipts
$3,242,664
Employees
15
Volunteers
36
Year formed
2015
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SIVANTHINI HINESPRESIDENT EFFECTIVE 7/1/24
Officer
50$126,273$20,272
RICHARD SUGARMANPRESIDENT THROUGH 6/30/24
Trustee or director
2$17,384$2,781
HUGH F MURRAY IIIDIRECTOR
Trustee or director, Officer
2$0$0
ROBERT E PATRICELLIDIRECTOR, CO-CHAIR
Trustee or director, Officer
2$0$0
WALT HARRISONDIRECTOR, CO-CHAIR
Trustee or director, Officer
2$0$0
KRISTINA BALDWINSECRETARY
Trustee or director, Officer
2$0$0
AKHIL JOHRIDIRECTOR
Trustee or director
1$0$0
LESLIE TORRES-RODRIQUEZDIRECTOR
Trustee or director
1$0$0
MARK SCHEINBERGDIRECTOR
Trustee or director
1$0$0
DEIDRE TAVERADIRECTOR
Trustee or director
1$0$0
DENISE ZAMOREDIRECTOR
Trustee or director
1$0$0
SARAH LEWISTREASURER
Trustee or director
1$0$0
SHERYL A BURKEDIRECTOR
Trustee or director
1$0$0
MARTY PFINSGRAFFVICE-CHAIR
Trustee or director
1$0$0
PARIS SAMUELDIRECTOR - PROMISE SCHOLAR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
RICHARD SUGARMANPRESIDENT
Officer
50$222,472$15,772
HUGH F MURRAY IIITREASURER
Trustee or director, Officer
2$0$0
ROBERT E PATRICELLIDIRECTOR, CO-CHAIR
Trustee or director, Officer
2$0$0
WALT HARRISONDIRECTOR, CO-CHAIR
Trustee or director, Officer
2$0$0
KRISTINA BALDWINSECRETARY
Trustee or director, Officer
2$0$0
ERIN HABERMANDIRECTOR
Trustee or director
1$0$0
CHARLIE KLIPPELDIRECTOR
Trustee or director
1$0$0
LAURA MARZIDIRECTOR
Trustee or director
1$0$0
LESLIE TORRES-RODRIQUEZDIRECTOR
Trustee or director
1$0$0
MARK SCHEINBERGDIRECTOR
Trustee or director
1$0$0
DEIDRE TAVERADIRECTOR
Trustee or director
1$0$0
DENISE ZAMOREDIRECTOR
Trustee or director
1$0$0
DR WIZDOM POWELLDIRECTOR
Trustee or director
1$0$0
SARAH LEWISDIRECTOR
Trustee or director
1$0$0
SHERYL A BURKEDIRECTOR
Trustee or director
1$0$0
MARTY PFINSGRAFFDIRECTOR
Trustee or director
1$0$0
ANISAH COLONDIRECTOR - PROMISE SCHOLAR
Trustee or director
1$0$0
RICHARDSON MERSANDIRECTOR - PROMISE SCHOLAR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 19 people
NameTitleHours / weekCompensationOther / benefits
RICHARD SUGARMANEXECUTIVE DIRECTOR, PRESID
Officer
50$195,751$3,482
HUGH F MURRAY IIITREASURER
Trustee or director, Officer
2$0$0
ROBERT E PATRICELLIDIRECTOR, CO-CHAIR
Trustee or director, Officer
2$0$0
MARK SCHEINBERGDIRECTOR
Trustee or director
1$0$0
LESLIE TORRES-RODRIGUEZDIRECTOR
Trustee or director
1$0$0
DIEDRE TAVERADIRECTOR
Trustee or director
1$0$0
WALT HARRISONDIRECTOR, CO-CHAIR
Trustee or director, Officer
2$0$0
DENISE ZAMOREDIRECTOR
Trustee or director
1$0$0
CHARLIE KLIPPELDIRECTOR
Trustee or director
1$0$0
LAURA MARZIDIRECTOR
Trustee or director
1$0$0
ERIN HABERMANDIRECTOR
Trustee or director
1$0$0
DR WIZDOM POWELLDIRECTOR
Trustee or director
1$0$0
SARAH LEWISDIRECTOR
Trustee or director
1$0$0
SHERYL BURKEDIRECTOR
Trustee or director
1$0$0
ANDREA SOUSADIRECTOR
Trustee or director
1$0$0
KRISTINA BALDWINDIRECTOR
Trustee or director
1$0$0
MARTY PFINSGRAFFDIRECTOR
Trustee or director
1$0$0
RICHARDSON MERSANDIRECTOR
Trustee or director
1$0$0
THEA MONTANEZDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
300 WETHERSFIELD AVE, HARTFORD, CT 06114-1409
In care of
% RICHARD SUGARMAN
Principal officer (990 for 2024)
SIVAN HINES, 750 MAIN STREET SUITE 1108-1, HARTFORD, CT 06103
Signed the 990
SIVAN HINES, PRESIDENT
Phone
(860) 956-5310
Return prepared by
WHITTLESEY PC

Mission

TO TRANSFORM THE LIVES OF THOUSANDS OF HARTFORD STUDENTS THROUGH AN INTEGRATED COLLEGE SUCCESS MODEL THAT PROVIDES THEM THE FINANCIAL RESOURCES, SUPPORT SERVICES, & KEY RELATIONSHIPS THAT LEAD TO COLLEGE SUCCESS & ECONOMIC MOBILITY.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION ENRICHED NUMEROUS HIGH SCHOOL SGRADUATES OF HARTFORD, CONNECTICUT WITH ENCOURAGEMENT AND PROVIDED SCHOLARSHIPS FOR FINANCIAL SUPPORT TO QUALIFIED CANDIDATES. THE ORGANIZATION ENCOURAGES COLLEGE PREPAREDNESS, ATTENDANCE, AND SUCCESS FOR QUALIFIED HIGHSCHOOL GRADUATES.
    Expenses $2,182,680 · grants $1,512,066

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
81-0924703
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$5,666,006
Income (IRS master file)
$3,242,664

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,242,664$2,646,500$5,666,006XML
990June 2024$2,435,915$2,639,455$5,076,891XML
990June 2023$2,138,546$2,260,796$5,250,940XML
990June 2022$2,678,512$1,555,470$5,385,246IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0924703).

Questions about HARTFORD PROMISE INC

What is the EIN of HARTFORD PROMISE INC?
The employer identification number (EIN) of HARTFORD PROMISE INC is 81-0924703.
Is HARTFORD PROMISE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to HARTFORD PROMISE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HARTFORD PROMISE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HARTFORD PROMISE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HARTFORD PROMISE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HARTFORD PROMISE INC?
The 990 for the year ended June 30, 2025 names SIVAN HINES.
Who are the officers and directors of HARTFORD PROMISE INC?
The 990 for the year ended June 30, 2025 lists 15 people; 2 received compensation from the organization, the highest $126,273 (SIVANTHINI HINES, PRESIDENT EFFECTIVE 7/1/24).
How much revenue does HARTFORD PROMISE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,242,664, expenses of $2,646,500 and total assets of $5,666,006 at year end.

Other nonprofits in HARTFORD

All nonprofits in HARTFORD · Connecticut · Education