MID FAIRFIELD COUNTY ASSOC OF REALTORS

EIN: 060605691

WESTPORT, CT

Total Revenue
$282,233
Total Expenses
$357,361
Total Assets
$578,963
Net Assets
$572,215
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1954
Phone
2032274418
Tax Period
2024-01-01 to 2024-12-31

MID FAIRFIELD COUNTY ASSOC OF REALTORS, founded in 1954, is a small nonprofit that reported $282K in total revenue in fiscal year 2024. Expenses of $357K exceeded revenue, resulting in a 27% operating deficit.

Mission

Providing services to local communities

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $242,875
Program Service Revenue $0
Investment Income $39,358
Other Revenue $0
TOTAL REVENUE $282,233

Expense Breakdown

Grants Paid $0
Salaries & Benefits $247,467
Fundraising Expenses $0
Other Expenses $109,894
TOTAL EXPENSES $357,361

Year-over-Year Comparison

2024 2023 Change
Revenue $282,233 $290,759 0.0%
Expenses $357,361 $372,375 0.0%
Net Income $-75,128 $-81,616 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
3
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Thury President 0.00
Director
$0 $0 $0
Jon Polayes Treasurer 0.00
Director
$0 $0 $0
Donna Karnes Secretary 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $282,233 $357,361 $578,963 $-75,128
2023 $290,759 $372,375 $815,893 $-81,616
2022 $314,238 $359,504 $891,962 $-45,266
2021 $322,872 $345,946 $947,180 $-23,074
2020 $269,681 $339,045 $966,317 $-69,364
2019 $327,349 $350,519 $1,030,909 $-23,170
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