GIRLS INCORPORATED OF MERIDEN (EIN 060662148) - 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

1919

Legal Domicile

Principal Officer

CHAD CARDILLO

Phone

2032357146

Tax Period

2022-07-01 to 2023-06-30

GIRLS INCORPORATED OF MERIDEN, founded in 1919, is a small nonprofit that reported $711K in total revenue in fiscal year 2022. Revenue surged 25% from the prior year, signaling strong growth momentum. Net assets of $3.5M represent 59 months of operating reserves.

Mission

GIRLS INC. IS A NATIONAL NONPROFIT YOUTH ORGANIZATION DEDICATED TO INSPIRING ALL GIRLS TO BE STRONG, SMART AND BOLD. SINCE 1919, GIRLS INC. OF MERIDEN HAS PROVIDED VITAL EDUCATIONAL PROGRAMS TO MORE THAN 1,500 YOUNG GIRLS, GUIDING THEM TOWARD SELF-DISCOVERY IN A SAFE, STABLE, ALL-GIRL ENVIRONMENT. OUR INNOVATIVE PROGRAMS HELP GIRLS CONFRONT SUBTLE SOCIETAL MESSAGES ABOUT THEIR VALUE AND POTENTIAL, AND PREPARE THEM TO LEAD SUCCESSFUL, INDEPENDENT, AND FULFILLING LIVES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $433,272

Program Service Revenue $253,293

Investment Income $3,027

Other Revenue $21,704

TOTAL REVENUE $711,296

Expense Breakdown

Grants Paid $26,250

Salaries & Benefits $420,380

Fundraising Expenses $25,427

Program Expenses $519,257

Other Expenses $325,319

TOTAL EXPENSES $771,949

Year-over-Year Comparison

	2022	2021	Change
Revenue	$711,296	$569,308	+0.2%
Expenses	$771,949	$463,644	+0.7%
Net Income	$-60,653	$105,664	-1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD CARDILLO	PRESIDENT	2.00	Officer Director	$0	$0	$0
GEORGETTE CLEMENTS	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
CHARLES JOHNSON	TREASURER	2.00	Officer Director	$0	$0	$0
TARA DEMPSEY	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIELLE RODINO	BOARD MEMBER	1.00	Director	$0	$0	$0
ARIANA CENEVIVA	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBORAH BANAS	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROL CONANT	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$711,296	$771,949	$3,572,184	$-60,653
2022	$569,308	$463,644	$3,425,685	$105,664
2021	$411,278	$383,324	$3,876,052	$27,954
2020	$508,244	$462,686	$3,366,884	$45,558
2019	$579,913	$473,379	$3,080,101	$106,534

GIRLS INCORPORATED OF MERIDEN