ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, RHODE ISLAND, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$91.7M
+108.8% YoY
Annual Giving
$2.5M
-40.6% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$507K
-28.7% YoY
About Achievement First Inc
Based on IRS filings
Achievement First Inc is a nonprofit organization focused on Education, based in NEW HAVEN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $91.7M in total assets. In 2024, it awarded 5 grants totaling $2.5M. Net investment income was $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $91,730,615 | $43,942,379 | $52,266,888 |
| Revenue | $56,469,410 | $41,941,956 | $47,620,076 |
| Expenses | $51,110,544 | $52,573,871 | $51,627,041 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $11,890 | $-97,098 | $1,846 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Achievement First Rhode Island Inc ($1,125,603), Elm City College Preparatory Inc ($794,311), Achievement First Bridgeport Academy ($467,502).
| Recipient | Purpose | Amount |
|---|---|---|
| ACHIEVEMENT FIRST BRIDGEPORT ACADEMY NEW HAVEN, CT | TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. | $467,502 |
| ACHIEVEMENT FIRST HARTFORD ACADEMY NEW HAVEN, CT | TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. | $120,334 |
| ACHIEVEMENT FIRST RHODE ISLAND INC NEW HAVEN, CT | TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. | $1,125,603 |
| AMISTAD ACADEMY INC NEW HAVEN, CT | TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. | $28,950 |
| ELM CITY COLLEGE PREPARATORY INC NEW HAVEN, CT | TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. | $794,311 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDREW BOAS | CHAIR/ACTING TREASURER | 1 | — |
| ARIELA ROZMAN | DIRECTOR | 1 | — |
| CARRIE SCHINDELE | DIRECTOR | 1 | — |
| ELIZABETH ROSE | DIRECTOR | 1 | — |
| GRISELDA RODRIGUEZ-SOLOMON | DIRECTOR | 1 | — |
| JENNIFER MULHERN | DIRECTOR | 1 | — |
| JOHN MOTLEY | DIRECTOR | 1 | — |
| K PERCY BALLAH | DIRECTOR | 1 | — |
| KATIE BALLAH | DIRECTOR | 1 | — |
| VALERIE ROCKEFELLER | DIRECTOR | 1 | — |
| WILLIAM BUCK | DIRECTOR | 1 | — |
| LISA MARGOSIAN | CEO | 40 | $476,432 |
| NEIL SHAH | OUTGOING OUTSOURCED CFO | 40 | — |
| OMAR MAYYASI | OUTSOURCED CFO | 1 | — |
| BLAKELY SIMONEAU | GENERAL COUNSEL | 40 | $271,049 |
| CHARMAYNE JOSEPH | EXECUTIVE-TEAM REGIONAL SUPERINTENDENT | 40 | $221,841 |
| JOHN SHARKEY | CHIEF ACADEMIC OFFICER | 40 | $225,905 |
| KAROLYN BELCHER | SUPERINTENDENT | 40 | $288,627 |
| XANTHE JORY | CHIEF OPERATING OFFICER | 40 | $250,155 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Achievement First Inc?
Achievement First Inc is a nonprofit organization focused on Education, based in NEW HAVEN, CT. It holds $91.7M in total assets as of 2024.
How large is Achievement First Inc?
As of 2024, Achievement First Inc holds $91.7M in total assets with $56.5M in annual revenue. It awarded 5 grants totaling $2.5M in 2024.
Where does Achievement First Inc operate?
Achievement First Inc has awarded grants in Connecticut.
What size grants does Achievement First Inc award?
In 2024, Achievement First Inc awarded 5 grants totaling $2.5M — an average of about $507K per grant, based on its IRS Form 990 filings.
What is Achievement First Inc's EIN?
Achievement First Inc's EIN (Employer Identification Number) is 65-1203744. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Achievement First Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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