NORTH GUILFORD NURSERY SCHOOL INC

EIN: 060791015 501(c)(3) Education

GUILFORD, CT

Total Revenue
$238,343
Total Expenses
$245,048
Total Assets
$146,807
Net Assets
$146,707
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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
1966
Legal Domicile
CT
Principal Officer
THOMAS GANNON
Phone
2054570808
Tax Period
2023-08-01 to 2024-07-31

NORTH GUILFORD NURSERY SCHOOL INC, founded in 1966, is a small nonprofit in the Education sector that reported $238K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

PRE-SCHOOL EDUCATION

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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 $15,030
Program Service Revenue $219,853
Investment Income $1,814
Other Revenue $1,646
TOTAL REVENUE $238,343

Expense Breakdown

Grants Paid $0
Salaries & Benefits $161,966
Fundraising Expenses $0
Program Expenses $224,578
Other Expenses $83,082
TOTAL EXPENSES $245,048

Year-over-Year Comparison

2023 2022 Change
Revenue $238,343 $186,010 +0.3%
Expenses $245,048 $187,901 +0.3%
Net Income $-6,705 $-1,891 +2.5%
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
5
Independent Members
5
Employees
19
Volunteers
10

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES CUNNEEN DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE WILSON DIRECTOR 1.00
Director
$0 $0 $0
THOMAS WILSON DIRECTOR 1.00
Director
$0 $0 $0
THOMAS GANNON CHAIRPERSON 4.00
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
2025 No data No data No data No data
2024 $238,343 $245,048 $146,807 $-6,705
2023 $186,010 $187,901 $156,398 $-1,891
2022 $172,413 $184,316 $156,876 $-11,903
2021 $58,081 $74,306 $171,441 $-16,225
2020 $137,263 $148,446 $161,503 $-11,183
2019 $210,207 $187,667 $175,477 $22,540
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