CONNECTICUT INSTITUTE FOR REFUGEES AND IMMIGRANTS INC (EIN 060669118) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1918

Legal Domicile

Principal Officer

SUSAN SCHNITZER

Phone

2033360141

Tax Period

2024-01-01 to 2024-12-31

CONNECTICUT INSTITUTE FOR REFUGEES AND IMMIGRANTS INC, founded in 1918, is a community nonprofit that reported $10.0M in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 27% operating margin.

Mission

THE CONNECTICUT INSTITUTE FOR REFUGEES AND IMMIGRANTS, INC. (CIRI) IS A STATEWIDE NONPROFIT ORGANIZATION THAT ASSISTS REFUGEES AND IMMIGRANTS RESOLVE LEGAL, ECONOMIC, LINGUISTIC AND SOCIAL BARRIERS SO THAT THEY BECOME SELF-SUFFICIENT, INTEGRATED AND CONTRIBUTING MEMBERS OF THE COMMUNITY. CIRI ACHIEVES THIS MISSION BY PROVIDING A COMPASSIONATE ARRAY OF HIGH-QUALITY LEGAL, SOCIAL AND EDUCATIONAL PROGRAMMING AND BY PROMOTING CROSS CULTURAL UNDERSTANDING AND DECENT TREATMENT FOR ALL.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,595,708

Program Service Revenue $1,390,212

Investment Income $54,194

Other Revenue $-45,508

TOTAL REVENUE $9,994,606

Expense Breakdown

Grants Paid $1,604,702

Salaries & Benefits $4,557,620

Fundraising Expenses $362,508

Program Expenses $6,363,762

Other Expenses $1,040,273

TOTAL EXPENSES $7,252,635

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,994,606	$6,024,581	+0.7%
Expenses	$7,252,635	$5,672,727	+0.3%
Net Income	$2,741,971	$351,854	+6.8%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

120

Volunteers

194

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

$243,312

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT SMITH	CHAIR	2.00	Officer Director	$0	$0	$0
GARY HOLMES	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JURGEN LINK	TREASURER	2.00	Officer Director	$0	$0	$0
ALICIA KINSMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
YOUSSEF BOUTROS	DIRECTOR	2.00	Director	$0	$0	$0
BAYARD DODGE	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN FUZESI ESQ	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA GREEN	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT MARESCA ESQ	DIRECTOR	2.00	Director	$0	$0	$0
JOE MASSOUD	DIRECTOR	2.00	Director	$0	$0	$0
NINA NIEUWOUDT	DIRECTOR	2.00	Director	$0	$0	$0
JANE NORGREN	DIRECTOR	2.00	Director	$0	$0	$0
CAROLINE PECH	DIRECTOR	2.00	Director	$0	$0	$0
PETER PENCZER ESQ	DIRECTOR	2.00	Director	$0	$0	$0
MIMI ROG	DIRECTOR	2.00	Director	$0	$0	$0
FRANCES ROWLAND	DIRECTOR	2.00	Director	$0	$0	$0
JAMES RULMYR	DIRECTOR	2.00	Director	$0	$0	$0
SHERRY SCHREIBER ESQ	DIRECTOR	2.00	Director	$0	$0	$0
DEBBIE STECKLER	DIRECTOR	2.00	Director	$0	$0	$0
REVEREND DR BERNARD L WILSON	DIRECTOR	2.00	Director	$0	$0	$0
GREGORY J ZORTHIAN	DIRECTOR	2.00	Director	$0	$0	$0
CARL ZUANELLI	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN SCHNITZER	PRESIDENT AND CEO	40.00	Officer	$126,305	$16,620	$142,925
JESSICA CAMPBELL	CHIEF FINANCIAL OFFICER	40.00	Officer	$99,847	$540	$100,387

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	$9,994,606	$7,252,635	$5,984,369	$2,741,971
2023	$6,024,581	$5,672,727	$2,750,952	$351,854
2022	$6,924,109	$6,516,574	$2,319,724	$407,535
2021	$6,185,902	$5,766,403	$3,814,184	$419,499
2020	$4,481,834	$4,103,489	$1,804,594	$378,345
2019	$2,449,480	$2,528,683	$455,208	$-79,203
2018	$2,315,511	$2,643,428	$490,352	$-327,917

CONNECTICUT INSTITUTE FOR REFUGEES AND IMMIGRANTS INC