UNITED WAY OF MILFORD INC (EIN 060724409) - 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

1956

Legal Domicile

Principal Officer

KATHY BONETTI

Phone

2038746791

Tax Period

2025-01-01 to 2025-06-30

UNITED WAY OF MILFORD INC, founded in 1956, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $152K in total revenue in fiscal year 2024. Expenses of $168K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO RAISE FUNDS THROUGH AN ANNUAL CAMPAIGN FOR DISTRIBUTION TO AREA NONPROFIT AGENCIES FOR HUMAN SERVICE NEEDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $97,960

Program Service Revenue $0

Investment Income $3,744

Other Revenue $50,785

TOTAL REVENUE $152,489

Expense Breakdown

Grants Paid $67,093

Salaries & Benefits $50,348

Fundraising Expenses $28,421

Program Expenses $105,604

Other Expenses $50,652

TOTAL EXPENSES $168,093

Year-over-Year Comparison

	2024	2023	Change
Revenue	$152,489	N/A	N/A
Expenses	$168,093	N/A	N/A
Net Income	$-15,604	N/A	N/A

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

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

$26,874

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHY BONETTI	PRESIDENT	40.00	Officer	$26,874	$0	$26,874
ANTHONY CANDIDO	DIRECTOR	1.00	Director	$0	$0	$0
DIANE CANDIDO	DIRECTOR	1.00	Director	$0	$0	$0
DR PHILIP CAPORUSSO	DIRECTOR	1.00	Director	$0	$0	$0
WANDA CARLSON	DIRECTOR	1.00	Director	$0	$0	$0
DR ANNA CUTAIA	DIRECTOR	1.00	Director	$0	$0	$0
MARY D'AMATO	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN DECROSTA	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH DEY	DIRECTOR	1.00	Director	$0	$0	$0
ELIZA HOLCOMB	DIRECTOR	1.00	Director	$0	$0	$0
HENRY JADACH	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA LIPTAK	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH MAJER	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN MCGRATH	DIRECTOR	1.00	Director	$0	$0	$0
PAUL MULLIGAN	DIRECTOR	1.00	Director	$0	$0	$0
DR RICK RAUCCI	DIRECTOR	1.00	Director	$0	$0	$0
FRANK TOMASELLI	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND VITALI	DIRECTOR	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
2025	$152,489	$168,093	$596,731	$-15,604
2024	No data	No data	No data	No data
2023	$424,424	$581,003	$581,374	$-156,579
2022	$475,742	$682,735	$818,960	$-206,993
2021	$571,048	$596,821	$1,024,781	$-25,773
2020	$569,361	$653,503	$999,947	$-84,142
2019	$588,137	$730,459	$1,049,965	$-142,322
2018	$666,263	$753,289	$1,124,951	$-87,026

UNITED WAY OF MILFORD INC