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Readyct Inc

EIN 27-4704040 · Hartford, CT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair65 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$7.5 million
Spending
$7.2 million
Spent on programs
88%
Reserves
2.4 months of spending
Largest source of income
government grants, 61%
Employees
252
Volunteers
300
Highest pay
$278,658, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 65 out of 100. Higher than 47% of charities in its peer group (education, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.4 months of spending.

  • Debt

    10 of 20

    It owes 32% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 4% of income.

  • Income trend

    15 of 15

    Income rose 25% on the year before.

  • Spending floor

    15 of 15

    88% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    20 of 20 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $6.2 million spent. DURING ITS 2024-25 PROGRAM YEAR, READYCT SIGNIFICANTLY ADVANCED ECONOMIC MOBILITY FOR CONNECTICUT STUDENTS BY BRIDGING THE GAP BETWEEN K-12 EDUCATION AND THE WORKFORCE. THE ORGANIZATION PROVIDED OVER 2,900 STUDENTS WITH WORK-BASED LEARNING (WBL) EXPERIENCES AND DELIVERED CAREER-READINESS TRAINING TO 1,500+ PARTICIPANTS. READYCT'S DEEP INDUSTRY INTEGRATION WAS SUPPORTED BY 250+ EMPLOYER PARTNERS, FACILITATING HIGH-QUALITY, PAID INTERNSHIPS FOR 520 STUDENTS, INCLUDING NEARLY 200 INTERNS THROUGH THE G.R.I.T. AND FIRST RESPONDERS YOUTH ACADEMY (FRYA) SUMMER PROGRAMS. AS A LEADER IN STEM LEARNING, READYCT SCALED ITS ROBOTICS PROGRAMMING TO SUPPORT 306 TEAMS (INCLUDING 16 ROOKIE TEAMS ACROSS 8 ALLIANCE DISTRICTS), ESTABLISHED 2 NEW PRACTICE HUBS, AND CELEBRATED COMPETITION WINS FOR 30 SCHOOLS. ADDITIONAL IMPACT INCLUDED 4,500+ STUDENTS ENGAGING WITH MANUFACTURERS VIA THE MANUFACTURING ROADSHOW SERIES, 200+ SENIORS COMPLETING THE STUDENT 5.0 PROGRAM, AND 550 STUDENTS PARTICIPATING IN THE LT. GOVERNOR'S COMPUTING CHALLENGE. COLLECTIVELY, THESE INITIATIVES CONTINUE TO BUILD THE TALENT-READY PIPELINE TO THE BENEFIT OF STUDENTS AND EMPLOYERS ALIKE.
  2. $71,587 spent. FOR THE 2024-25 PROGRAM YEAR, READYCT FOCUSED ON ADVANCING POLICIES THAT HELP BUILD THE TEACHING WORKFORCE THROUGH ROBUST PARTICIPATION ON A STANDARDS BOARD DESIGNED TO MODERNIZE THE CREDENTIALING PROCESS (INCLUDING REMOVING BARRIERS TO THE PROFESSION) FOR CONNECTICUT PUBLIC SCHOOL TEACHERS, TOGETHER WITH SOME FOCUS ON IN-SERVICE EDUCATORS. READYCT ALSO MAINTAINED A PRESENCE ON THE HIGH SCHOOL GRADUATION REQUIREMENTS WORKING GROUP, ESTABLISHED TO ENSURE GRADUATION REQUIREMENTS ARE POSITIONING STUDENTS FOR POSTSECONDARY SUCCESS. READYCT ALSO WORKED WITH ITS AFFILIATE, CBIA, TO KEEP STATE LEGISLATORS INFORMED ON ISSUES THAT CAN IMPACT THE EDUCATION-EMPLOYER ALLIANCE.
  3. READYCT RAISES PUBLIC AWARENESS THROUGH TARGETED EVENTS (E.G., THE ANNUAL BUSINESS & COMMUNITY PARTNER BREAKFAST), EMARKETING, MEDIA OUTREACH, SOCIAL MEDIA, AND ITS WEBSITE, WORKING TO PRODUCE ENGAGING CONTENT FOR A RANGE OF STAKEHOLDERS. STAKEHOLDERS INCLUDE STUDENTS, PARENTS, TEACHERS, FUNDERS, PARTNERS, COLLABORATORS, LEGISLATORS, AND OTHER INFLUENCERS.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2011.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.