CONNECTICUT EDUCATION ASSOCIATION

EIN: 060712064

STAMFORD, CT

Total Revenue
$228,087
Total Expenses
$178,751
Total Assets
$277,603
Net Assets
$277,603
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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
1913
Legal Domicile
CT
Tax Period
2022-09-01 to 2023-08-31

CONNECTICUT EDUCATION ASSOCIATION, founded in 1913, is a small nonprofit that reported $228K in total revenue in fiscal year 2022. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $49K, a strong 22% operating margin.

Mission

Teacher labor organization that assists public school teachers in Stamford CT with contract administration and negotiations.

Program Service Accomplishments

Program 1
Expenses: $23,047 Revenue: $0

Professional Rights and Responsibilities ensuring that the contract is enacted with fidelity.

Program 2
Expenses: $493 Revenue: $0

Contract Negotiation

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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 $227,978
Program Service Revenue $0
Investment Income $109
Other Revenue $0
TOTAL REVENUE $228,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,145
Fundraising Expenses $0
Program Expenses $23,540
Other Expenses $54,066
TOTAL EXPENSES $178,751

Year-over-Year Comparison

2022 2021 Change
Revenue $228,087 $241,923 -0.1%
Expenses $178,751 $260,631 -0.3%
Net Income $49,336 $-18,708 -3.6%
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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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
N/A

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
$15,933
Total Directors
13
$4,500
Key Employees
1
$15,933
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nancy Mould Director 10.00
Director
$750 $0 $750
Ruth Walden Vice President - High School 10.00
Director
$0 $0 $0
Sheila Bragg Vice President - Middle School 10.00
Director
$0 $0 $0
Bonita Maddox Vice President - K-2 10.00
Director
$1,000 $0 $1,000
Sandra Peterkin Vice President - 3-5 10.00
Director
$0 $0 $0
Kate Tobin Assistant Treasurer 10.00
Director
$1,750 $0 $1,750
Sean OConnell Treasurer 10.00
Director
$0 $0 $0
Peter Hadley Director 10.00
Director
$0 $0 $0
Erin Spata Director 10.00
Director
$0 $0 $0
Marilyn Scholosser Director 10.00
Director
$0 $0 $0
Bettina Vacaro Director 10.00
Director
$0 $0 $0
Michelle Pusser Director 10.00
Director
$0 $0 $0
Guy Semon PRR Chair 10.00
Director
$1,000 $0 $1,000
John Corcoran President 40.00
Officer Key Emp
$15,933 $0 $15,933
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
2023 $228,087 $178,751 $277,603 $49,336
2022 $241,923 $260,631 $228,267 $-18,708
2021 $244,369 $213,701 $250,501 $30,668
2020 $244,042 $224,282 $159,894 $19,760
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