Urban League of Southern CT INC (EIN 060856692) - 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

1969

Legal Domicile

Principal Officer

Virginia T Spell

Phone

2033275810

Tax Period

2024-01-01 to 2024-12-31

Urban League of Southern CT INC, founded in 1969, is a small nonprofit in the Housing & Shelter sector that reported $479K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

The mission of the Urban League of Southern Connecticut is to enable African Americans and other minority groups to secure and sustain economic self-reliance and parity.

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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 $479,013

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $479,013

Expense Breakdown

Grants Paid $0

Salaries & Benefits $340,447

Fundraising Expenses $0

Program Expenses $461,003

Other Expenses $159,390

TOTAL EXPENSES $499,837

Year-over-Year Comparison

	2024	2023	Change
Revenue	$479,013	$534,930	-0.1%
Expenses	$499,837	$562,444	-0.1%
Net Income	$-20,824	$-27,514	-0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Virginia T Spell	CEO	40.00		$164,438	$0	$164,438
Robert King	Director	1.00	Director	$0	$0	$0
Melanie Strout	Secretary	1.00	Officer Director	$0	$0	$0
Cynthia R Mullins	Secretary	1.00	Officer Director	$0	$0	$0
Serena Neal-Sanjurjo	Chairman	1.00	Officer Director	$0	$0	$0
Michael Duncan	Director	1.00	Officer Director	$0	$0	$0
Tyler Williams	Director	1.00	Officer Director	$0	$0	$0
Cathy R Graves	Director	1.00	Officer Director	$0	$0	$0
Natasha Smith	Director	1.00	Officer 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
2024	$479,013	$499,837	$27,897	$-20,824
2020	$50,500	$44,097	$191,667	$6,403
2019	$73,517	$75,586	$202,641	$-2,069
2018	$404,234	$488,052	$203,447	$-83,818

Urban League of Southern CT INC