THE WREXHAM FOUNDATION INC

EIN: 060769957 501(c)(3)

NEW HAVEN, CT

Total Revenue
$918,308
Total Expenses
$205,347
Total Assets
$2,863,958
Net Assets
$2,863,958
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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
1955
Legal Domicile
CT
Principal Officer
ANDREW BRIMMER
Phone
2034329851
Tax Period
2023-09-01 to 2024-08-31

THE WREXHAM FOUNDATION INC, founded in 1955, is a small nonprofit that reported $918K in total revenue in fiscal year 2023. Revenue surged 189% from the prior year, signaling strong growth momentum. The organization ran a surplus of $713K, a strong 78% operating margin.

Mission

PROMOTING CREATIVE AND ARTISTIC EXPRESSION AMONG UNIVERSITY STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $588,402
Program Service Revenue $610
Investment Income $329,296
Other Revenue $0
TOTAL REVENUE $918,308

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $858
Program Expenses $171,890
Other Expenses $205,347
TOTAL EXPENSES $205,347

Year-over-Year Comparison

2023 2022 Change
Revenue $918,308 $317,621 +1.9%
Expenses $205,347 $194,880 +0.1%
Net Income $712,961 $122,741 +4.8%
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

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Governance

Voting Members
15
Independent Members
15
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
6
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW BRIMMER CHAIRMAN 1.00
Officer Director
$0 $0 $0
CHARLES CORCORAN PRESIDENT 0.50
Officer Director
$0 $0 $0
HALEY MITCHELL ADAMS TRUSTEE 0.10
Director
$0 $0 $0
CHRIS BISHOP TRUSTEE 0.10
Director
$0 $0 $0
J WEILI CHENG TRUSTEE 0.10
Director
$0 $0 $0
DOUGLAS CROWLEY TRUSTEE 0.10
Director
$0 $0 $0
BASIE GITLIN TREASURER 0.10
Officer Director
$0 $0 $0
CHRIS LOPRESTI ALUMNI SECRETARY 0.10
Officer Director
$0 $0 $0
LINN MEHTA TRUSTEE 0.10
Director
$0 $0 $0
NICOLAS NIARCHOS TRUSTEE 0.10
Director
$0 $0 $0
CHIKA OGBEJESI TRUSTEE 0.10
Director
$0 $0 $0
SAM PRATT TRUSTEE 0.10
Director
$0 $0 $0
LORRAINE SIGGINS TRUSTEE 0.10
Director
$0 $0 $0
FRANK SNOWDEN TRUSTEE 0.10
Director
$0 $0 $0
TORI RYSZ TRUSTEE 0.10
Director
$0 $0 $0
BURTON ALTER VP FOR THE HOUSE 0.50
Officer
$0 $0 $0
LINDSAY ELLIOTT SECRETARY 0.50
Officer
$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
2024 $918,308 $205,347 $2,863,958 $712,961
2023 $317,621 $194,880 $2,070,756 $122,741
2022 $323,746 $202,472 $1,844,055 $121,274
2021 $238,469 $177,504 $2,183,753 $60,965
2020 $430,466 $181,203 $1,822,245 $249,263
2019 $231,569 $183,211 $1,533,026 $48,358
2018 $472,761 $158,130 $1,577,795 $314,631
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