THE CHILDREN'S CENTER

EIN: 060653066 501(c)(3) Human Services

HAMDEN, CT

Total Revenue
$2,270,292
Total Expenses
$35,709
Total Assets
$15,017,902
Net Assets
$15,017,896
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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
1833
Legal Domicile
CT
Principal Officer
SUSAN CROSSLEY
Phone
2032482116
Tax Period
2022-07-01 to 2023-06-30

THE CHILDREN'S CENTER, founded in 1833, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2022. Revenue surged 101% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 98% operating margin.

Mission

THE ORGANIZATION SUPPORTS THE MISSION OF ITS RELATED ORGANIZATION, A PRIVATE NONPROFIT MULTI-SERVICE AGENCY DEDICATED TO PROVIDING QUALITY TREATMENT AND EDUCATION IN A SAFE, NURTURING ENVIRONMENT FOR CHILDREN AND FAMILIES IN THE LEAST RESTRICTIVE SETTING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2,270,292
Other Revenue $0
TOTAL REVENUE $2,270,292

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $35,709
TOTAL EXPENSES $35,709

Year-over-Year Comparison

2022 2021 Change
Revenue $2,270,292 $1,132,056 +1.0%
Expenses $35,709 $621,256 -0.9%
Net Income $2,234,583 $510,800 +3.4%
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
14
Independent Members
14
Employees
N/A
Volunteers
14

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
7
$337,338
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAUDIA GRANTHAM BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH BACON PRESIDENT 1.00
Officer Director
$0 $0 $0
JANE TENDLER BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN M CUOZZO JR BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN WATTS TREASURER 1.00
Officer Director
$0 $0 $0
JUSTIN FARMER BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTA HART VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARCIE DIGGS BOARD MEMBER 1.00
Director
$0 $0 $0
MOLLY HARER BOARD MEMBER 1.00
Director
$0 $0 $0
RICK HOWLEY BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT BURNS BOARD MEMBER 1.00
Director
$0 $0 $0
STEARNS J BRYANT JR BOARD MEMBER 1.00
Director
$0 $0 $0
TINA GARRITY BOARD MEMBER 1.00
Director
$0 $0 $0
TOMI VEALE SECRETARY 1.00
Officer Director
$0 $0 $0
ANTHONY ZEOLLA OUTGOING CFO 1.00
Officer
$0 $13,028 $161,379
JAMES MAFFUID CEO 1.00
Officer
$0 $0 $111,957
SUSAN CROSSLEY CFO 1.00
Officer
$0 $8,694 $64,002
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 No data No data No data No data
2023 $2,270,292 $35,709 $15,017,902 $2,234,583
2022 $1,132,056 $621,256 $13,995,406 $510,800
2021 $746,234 $1,720,215 $16,528,918 $-973,981
2020 $226,469 $703,073 $14,683,581 $-476,604
2019 $1,076,570 $361,947 $14,500,853 $714,623
2018 $1,090,546 $424,411 $13,608,157 $666,135
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