THE SHELTER FOR WOMEN INC (EIN 060665976) - 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

1901

Legal Domicile

Principal Officer

HECTOR GLYNN

Phone

8602364511

Tax Period

2023-07-01 to 2024-06-30

THE SHELTER FOR WOMEN INC, founded in 1901, is a small nonprofit in the Human Services sector that reported $572K in total revenue in fiscal year 2023. Revenue surged 221% from the prior year, signaling strong growth momentum. Expenses of $523K left a modest 9% surplus.

Mission

HELP YOUNG CT ABUSED AND NEGLECTED WOMEN MAKE PROGRESS TOWARD RECOVERY AND INDEPENDENCE.

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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 $395,215

Program Service Revenue $0

Investment Income $176,391

Other Revenue $0

TOTAL REVENUE $571,606

Expense Breakdown

Grants Paid $0

Salaries & Benefits $231,634

Fundraising Expenses $0

Program Expenses $454,205

Other Expenses $290,970

TOTAL EXPENSES $522,604

Year-over-Year Comparison

	2023	2022	Change
Revenue	$571,606	$178,333	+2.2%
Expenses	$522,604	$301,035	+0.7%
Net Income	$49,002	$-122,702	-1.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$1,125,288

Total Directors

$1,125,288

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR GALO A RODRIGUEZ MPH	FORMER PRESIDENT & CEO (UNTIL 12/23)	0.50	Officer Director	$0	$86,888	$637,608
HECTOR GLYNN	PRESIDENT & CEO (AS OF 01/24)	0.50	Officer Director	$0	$15,941	$296,655
MARJORIE LORING	TREASURER (AS OF 09/23)	0.50	Officer Director	$0	$5,564	$191,025
BRIAN REILLY	CHAIR	0.50	Officer Director	$0	$0	$0
MARTIN MORRISSEY	TREASURER (UNTIL 09/23)	0.50	Officer Director	$0	$0	$0
BETH COSTELLO	SECRETARY	0.50	Officer Director	$0	$0	$0
ANDREW BALDASSARE	DIRECTOR	0.50	Director	$0	$0	$0
CATHY IACOVAZZI	DIRECTOR	0.50	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	$571,606	$522,604	$7,315,630	$49,002
2023	$178,333	$301,035	$6,907,949	$-122,702
2022	$171,494	$335,367	$6,962,638	$-163,873
2021	$250,335	$316,277	$7,805,938	$-65,942
2020	$171,259	$294,693	$6,842,729	$-123,434
2019	$410,787	$402,895	$7,075,171	$7,892

THE SHELTER FOR WOMEN INC