EASTER SEAL REHABILITATION CENTER OF GREATER WATERBURY INC (EIN 060737391) - 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

1958

Legal Domicile

Principal Officer

LEONARD CIPOLLONE

Phone

2037545141

Tax Period

2023-09-01 to 2024-08-31

EASTER SEAL REHABILITATION CENTER OF GREATER WATERBURY INC, founded in 1958, is a mid-sized nonprofit that reported $17.5M in total revenue in fiscal year 2023. Expenses of $15.6M left a modest 11% surplus.

Mission

EASTER SEAL ASSISTS INDIVIDUALS AND THEIR FAMILIES TO GAIN MAXIMUM (CONTINUED ON SCHEDULE O)FUNCTIONAL INDEPENDENCE IN THE COMMUNITY THROUGH DEVELOPMENTAL, VOCATIONAL, EDUCATIONAL, AND MEDICAL SERVICES BY FOCUSING ON AN INDIVIDUAL'S POTENTIAL. EASTER SEAL HELPS ITS CLIENTS EXCEED EXPECTATIONS AND LEAD FULL LIVES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $10,166,639

Program Service Revenue $5,068,364

Investment Income $1,674,430

Other Revenue $551,690

TOTAL REVENUE $17,461,123

Expense Breakdown

Grants Paid $140,203

Salaries & Benefits $11,820,496

Fundraising Expenses $169,555

Program Expenses $13,352,797

Other Expenses $3,596,972

TOTAL EXPENSES $15,557,671

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,461,123	$16,833,230	+0.0%
Expenses	$15,557,671	$15,501,430	+0.0%
Net Income	$1,903,452	$1,331,800	+0.4%

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

380

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

$413,349

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL JESSELL	VICE CHAIRMAN	0.21	Officer Director	$0	$0	$0
JAMES WATKOWSKI	TREASURER	0.21	Officer Director	$0	$0	$0
ROBERT STABILE	SECRETARY	0.21	Officer Director	$0	$0	$0
KELLIE JANDREAU	DIRECTOR	0.17	Director	$0	$0	$0
ELIZABETH LACAVA	CHAIRWOMAN	0.21	Officer Director	$0	$0	$0
MARK GRAVELINE	DIRECTOR	0.17	Director	$0	$0	$0
KENNEY JOHNSON	DIRECTOR	0.17	Director	$0	$0	$0
TAMARA NYCE	DIRECTOR	0.17	Director	$0	$0	$0
MARIBEL RIVERA-SMITH	DIRECTOR	0.17	Director	$0	$0	$0
DAVID SEGAL	DIRECTOR	0.17	Director	$0	$0	$0
ROBERT TEITTINEN	DIRECTOR	0.17	Director	$0	$0	$0
JAMES S ZOLDY	DIRECTOR	0.17	Director	$0	$0	$0
LEONARD CIPOLLONE	PRESIDENT	40.00	Officer	$181,047	$9,000	$190,047
GARY NIELSEN	CFO / COO	37.50	Officer	$193,278	$30,024	$223,302
ERIC CYBULSKI	VP OF PROGRAM ADMINISTRATION	40.00	Highest	$144,774	$18,543	$163,317
CATHERINE GABIANELLI	HR DIRECTOR	40.00	Highest	$139,292	$3,423	$142,715
ANNETTE BURTON	DIRECTOR OF AUDIOLOGY	40.00	Highest	$119,611	$6,493	$126,104

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	$17,461,123	$15,557,671	$56,993,609	$1,903,452
2023	$16,833,230	$15,501,430	$50,888,190	$1,331,800
2022	$16,449,620	$14,493,348	$48,682,624	$1,956,272
2021	$17,126,840	$13,786,399	$54,915,789	$3,340,441
2020	$13,512,212	$14,885,719	$47,551,620	$-1,373,507
2019	$14,889,418	$13,973,846	$41,240,889	$915,572
2018	$15,279,247	$13,614,722	$40,234,654	$1,664,525

EASTER SEAL REHABILITATION CENTER OF GREATER WATERBURY INC