PARK CENTRAL INC F/K/A GIRLS INC OF WESTERN CONNECTICUT (EIN 060646950) - Form 990 Financial Analysis & Trantor Score

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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

1864

Legal Domicile

Principal Officer

DONNA MAGLIO

Phone

2037564639

Tax Period

2023-07-01 to 2024-06-30

PARK CENTRAL INC F/K/A GIRLS INC OF WESTERN CONNECTICUT, founded in 1864, is a small nonprofit in the Youth Development sector that reported $514K in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $618K exceeded revenue, resulting in a 20% operating deficit.

Mission

EMPOWERING GIRLS AND WOMEN, EVERY DAY, EVERY STEP OF THE WAY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $190,822

Program Service Revenue $70,217

Investment Income $251,330

Other Revenue $1,227

TOTAL REVENUE $513,596

Expense Breakdown

Grants Paid $0

Salaries & Benefits $295,741

Fundraising Expenses $23,909

Program Expenses $498,848

Other Expenses $322,645

TOTAL EXPENSES $618,386

Year-over-Year Comparison

	2023	2022	Change
Revenue	$513,596	$267,489	+0.9%
Expenses	$618,386	$493,623	+0.3%
Net Income	$-104,790	$-226,134	-0.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$67,340

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY KIELY	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
KAREN DIEBOLT	VICE CHAIR	2.00	Officer Director	$0	$0	$0
VALITA LUCKETT	TREASURER	2.00	Officer Director	$0	$0	$0
CHARLES E GREEN JR ESQ	TRUSTEE	1.00	Director	$0	$0	$0
DIANE GARAFOLA	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER PUTETTI	TRUSTEE	1.00	Director	$0	$0	$0
MARITZA ACOSTA	TRUSTEE	1.00	Director	$0	$0	$0
JAMES MARTINELLI	TRUSTEE	1.00	Director	$0	$0	$0
DONNA MAGLIO	EXECUTIVE DIRECTOR	35.00	Officer	$67,340	$0	$67,340

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	$513,596	$618,386	$2,285,254	$-104,790
2023	$267,489	$493,623	$2,621,792	$-226,134
2022	$366,849	$490,171	$2,762,700	$-123,322
2021	$367,038	$377,113	$3,446,971	$-10,075
2019	$491,594	$611,615	$3,232,547	$-120,021
2018	$462,620	$608,833	$3,222,401	$-146,213

PARK CENTRAL INC F/K/A GIRLS INC OF WESTERN CONNECTICUT