WEST HARTFORD, CT
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)CONNECTICUT FOOD ASSOCIATION, founded in 1933, is a small nonprofit that reported $732K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $955K exceeded revenue, resulting in a 31% operating deficit.
THE CONNECTICUT FOOD ASSOCIATION IS DEDICATED TO PROMOTING THE GROWTH OF CONNECTICUT'S RETAIL GROCERY COMMUNITY AND ITS SUPPLIER NETWORK.
THE CONNECTICUT FOOD ASSOCIATION (CFA) PROUDLY ADVOCATES ON BEHALF OF THE FOOD RETAIL INDUSTRY. ITS MISSION IS TO PROMOTE THE GROWTH OF CONNECTICUT'S RETAIL GROCERY COMMUNITY AND SUPPLIER NETWORK...
THE CONNECTICUT FOOD ASSOCIATION (CFA) PROUDLY ADVOCATES ON BEHALF OF THE FOOD RETAIL INDUSTRY. ITS MISSION IS TO PROMOTE THE GROWTH OF CONNECTICUT'S RETAIL GROCERY COMMUNITY AND SUPPLIER NETWORK THROUGH ECONOMIC DEVELOPMENT, NUTRITION & WELLNESS, ENVIRONMENTAL STEWARDSHIP, COMMUNITY SERVICE, AND NEXT GENERATION LEADERSHIP. LOCATED IN WEST HARTFORD, CT, CFA MEMBERSHIP COVERS THE SPECTRUM OF DIVERSE VENUES WHERE FOOD IS SOLD, INCLUDING SINGLE OWNER GROCERY STORES, LARGE MULTI-STORE SUPERMARKET CHAINS, FOOD DISTRIBUTORS, FOOD MANUFACTURERS, AND SPECIALTY FOOD PURVEYORS. FOR MORE INFORMATION, VISIT WWW.CTFOODASSOCIATION.ORG.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $731,564 | $1,239,837 | -0.4% |
| Expenses | $955,265 | $915,869 | +0.0% |
| Net Income | $-223,701 | $323,968 | -1.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WAYNE PESCE | PRESIDENT | 40.00 |
Officer
Director
|
$185,008 | $5,273 | $190,281 |
| HARRY GARAFALO | CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB RYBICK | FIRST VICE CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEAN DUMAS | SECOND VICE CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DENNIS SILVA JR | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIM M DEVANNEY | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHUCK B JOSEPH JR | IMMEDIATE PAST CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TODGE ARMATA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER BLANCHARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES CARLSON | DIRECTOR UNTIL 8/31/23 | 1.00 |
Director
|
$0 | $0 | $0 |
| LUIS CARRASQUILLO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DOMINICK CINGARI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JORDAN COE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW CRAWFORD | DIRECTOR UNTIL 11/3/23 | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW CROWLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GARY DAVIS | DIRECTOR UNTIL 3/15/23 | 1.00 |
Director
|
$0 | $0 | $0 |
| BRYAN DEVOE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRUCE DULEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT FUSCO JR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVE GAMBINO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL GOLD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA GREEN | DIRECTOR UNTIL 11/3/23 | 1.00 |
Director
|
$0 | $0 | $0 |
| RUSS GREENLAW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL JAHNIGE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GARY KELLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE KING | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT LABONNE JR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE MOTEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN PAGANINI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHERRIE PALMER | DIRECTOR AS OF 03/2023 | 1.00 |
Director
|
$0 | $0 | $0 |
| TIA PATTERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN PIJANOWSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NICHOLAS REED | DIRECTOR AS OF 11/30/23 | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS ROMEO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RANDALL SHAW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE SUMPTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN TEGOLINI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $731,564 | $955,265 | $1,109,870 | $-223,701 |
| 2022 | $1,239,837 | $915,869 | $1,360,634 | $323,968 |
| 2021 | $845,112 | $881,326 | $970,186 | $-36,214 |
| 2020 | $858,691 | $810,734 | $961,958 | $47,957 |
| 2019 | $993,607 | $947,931 | $888,829 | $45,676 |
| 2018 | $1,139,387 | $1,104,681 | $850,103 | $34,706 |
Compare CONNECTICUT FOOD ASSOCIATION with other nonprofits in Connecticut and across the country.